ANTM Annual Report 2019 Lamp

Tata Kelola
Perusahaan
Corporate Governance
392 Jejak Langkah Implementasi GCG 467 Keberagaman Komposisi Dewan

ANTAM 1997-2019 Komisaris dan Direksi
ANTAM’s GCG Implementation Diversity of the Board of Commissioners
Milestone 1997-2019 and the Board of Directors
394 Tujuan Penerapan GCG 469 Assessment/Penilaian Kinerja

GCG Implementation Objective terhadap Dewan Komisaris dan
Direksi
394 Tahapan Implementasi GCG Performance Assessment of the Board
di ANTAM of Commissioners and the Board of
GCG Implementation Stage in ANTAM Directors
395 Struktur Tata Kelola Perusahaan
476 Remunerasi bagi Dewan Komisaris
Corporate Governance Structure dan Direksi
Remuneration of the Board of
396 Kebijakan Tata Kelola Perusahaan
Commissioners and the Board of
Corporate Governance Policy
Directors
397 Pendekatan Penyusunan Kebijakan
berdasarkan Objective, Risk and 480 Hubungan Afiliasi antara Anggota
Control serta Prinsip-Prinsip GCG Dewan Komisaris, Direksi, dan
Policy Establishment Approach based Pemegang Saham Utama dan/atau
on Objective, Risk and Control, and GCG Pengendali
Principles Affiliation Between Members of the
Board of Commissioners, the Board of
399 Internalisasi GCG Directors and/or
Internalization of GCG Controlling Shareholders
400 Rapat Umum Pemegang Saham

481 Organ Penunjang Dewan Komisaris
General Meeting of Shareholders Supporting Committees of the Board of
Commissioners
416 Dewan Komisaris
Board of Commissioners
483 Sekretaris Dewan Komisaris
Secretary to the Board of
434 Direksi
Commissioners
Board of Directors
452 Hubungan Dewan Komisaris dan 485 Komite Audit

Audit Committee
Direksi
Board of Commissioners and Board of
Directors Relationship
491 Komite Good Corporate Governance,
Nominasi & Remunerasi (GCG-Nr)
Good Corporate Governance,
453 Rapat Dewan Komisaris, Rapat Dewan
Nomination and Remuneration
Komisaris yang Mengundang Direksi,
Committee (GCG-NR)
dan Rapat Direksi
The Board of Commissioners Meeting,
the Board of Commissioners Meeting
500 Komite Manajemen Risiko
Risk Management Committee
Inviting the Board of Directors, and the
Board of Directors Meeting 506 Sekretaris Perusahaan
Corporate Secretary
2019
REPORT
LAPORAN TAHUNAN
Tata Kelola Perusahaan yang Baik adalah salah satu indikator

penting bagi Pemegang Saham untuk menilai kinerja
Perusahaan dan meyakini bahwa Perusahaan telah dikelola
dengan baik dan tepat serta diyakini mampu untuk melindungi
kepentingan para Pemegang Saham.
Good Corporate Governance is one of the indicators that is important for Shareholders to
assess the performance of the Company and believes that the Company has been well
managed and appropriate and believed to be able to protect the interests of the Shareholders.
512 Audit Internal 554 Pengelolaan Benturan Kepentingan

Internal Audit dan Hubungan dengan Pihak Berelasi
Management of Conflict of Interest and
522 Sistem Pengendalian Intern Relations with Related Parties
Internal Control System
555 Pencegahan Transaksi Orang Dalam
525 Manajemen Risiko Insider Trading Prevention
Risk Management
556 Pengendalian Gratifikasi
539 Tata Kelola Teknologi Informasi & Gratification Control
Komunikasi
Information & Communication 560 Pengelolaan Laporan Harta Kekayaan
Technology Governance Penyelenggara Negara (LHKPN)
Management of State Administrator
543 Pengadaan Barang dan Jasa Assets Report (Lhkpn)
Procurement of Goods and Services
562 Whistleblowing System
547 Akuntan Publik
Public Accountant
566 Permasalahan Hukum Perusahaan
Legal Issues of the Company
549 Kebijakan Tentang Pemenuhan Hak-
Hak Kreditor
Policy of Fulfillment of Creditor’s Rights 570 Akses Informasi dan Data Perusahaan
Access to Information and Data of the
Company
550 Standar Etika Perusahaan
Code of Conduct (Coc)
571 Penilaian Penerapan Tata Kelola
Perusahaan
Assessment of the Corporate
Governance Implementation
Aktivitas ekspor komoditas nikel Antam

Export activity of Antam’s nickel commodity
Laporan Dewan Komisaris dan Direksi Profil Perusahaan Analisis & Pembahasan Manajemen
Report from the Board of Commissioners and the Board of Directors Corporate Profile Management Discussion & Analysis
Pernyataan Tata Kelola Perusahaan

Corporate Governance Statement
ANTAM memperoleh predikat Most Trusted

Company ke-11 kali berdasarkan penilaian
Corporate Governance Perception Index (CGPI)
ANTAM received Most Trusted Company for eleven
consecutive year based on Corporate Governance
Perception Index (CGPI) Assessment
Sebagai Perusahaan Publik yang terdaftar di Bursa Efek As a Public Company listed on both Indonesia Stock
Indonesia (BEI) dan Bursa Efek Australia (Australian Securities Exchange (IDX) and Australian Securities Exchange (ASX),
Exchange/ASX), penerapan Tata Kelola Perusahaan yang Baik the implementation of Good Corporate Governance (GCG) is
(Good Corporate Governance/GCG) adalah salah satu indikator one of the important indicators for Shareholders to assess the
penting bagi Pemegang Saham untuk menilai kinerja Perusahaan Company’s performance and believe that the Company has
dan meyakini bahwa Perusahaan telah dikelola dengan baik dan been managed properly and able to protect the interests of the
tepat serta diyakini mampu untuk melindungi kepentingan para Shareholders.
Pemegang Saham.
ANTAM berkomitmen secara penuh untuk menerapkan ANTAM is thoroughly committed to implement Good Corporate
prinsip-prinsip Tata Kelola Perusahaan yang Baik (GCG) sebagai Governance (GCG) principles as a foundation for creating
landasan dalam menciptakan nilai tambah yang berkelanjutan sustainable added value for the interest of shareholders,
bagi kepentingan para pemegang saham, masyarakat secara the broader community and other stakeholders (employees,
luas, dan berbagai pemangku kepentingan lainnya (pegawai, customers, regulators, partners, etc.) both for short and long
konsumen, regulator, mitra kerja, dan lain-lain) baik dalam term.
jangka pendek maupun jangka panjang.
Sebagai wujud penerapan GCG yang komprehensif, ANTAM As a form of comprehensive GCG implementation, ANTAM
mengadopsi standar terbaik yang berlaku di Internasional, yakni adopts the best international standards, namely the Australian
Australian Securities Exchange (ASX) Corporate Governance Securities Exchange (ASX) Corporate Governance Principles
Principles and Recommendations 4th Edition yang merupakan and Recommendations 4th Edition which is the latest version
versi terbaru dari yang sebelumnya (3rd Edition) yang baru akan of the previous (3rd Edition) which will be required in 2021 but
diwajibkan di tahun 2021 namun ANTAM berinisitatif untuk ANTAM initiative to refer to this latest version for the 2019
mengacu ke versi terbaru ini untuk penilaian GCG tahun 2019. GCG assessment. ANTAM also refers to the ASEAN Corporate
ANTAM juga mengacu ke standar ASEAN Corporate Governance Governance Scorecard standard and applies the criteria and
Scorecard dan menerapkan kriteria dan metodologi yang methodology set by the State Ministry for State-Owned
ditetapkan oleh Kementerian Negara Badan Usaha Milik Negara Enterprises (SOEs) Number SK-16/S.MBU/2012 dated June 6,
(BUMN) Nomor SK-16/S.MBU/2012 tanggal 6 Juni 2012 dan 2012 and Circular of the Financial Services Authority Number 32/
Surat Edaran Otoritas Jasa Keuangan Nomor 32/SEOJK.04/2015 SEOJK.04/2015 concerning Corporate Governance Guidelines
tentang Pedoman Tata Kelola Perusahaan Terbuka. for Public Company.
Pada tahun 2019 ANTAM telah melakukan beberapa peningkatan In 2019, ANTAM has conducted improvement in corporate
dalam lingkup tata kelola Perusahaan, di antaranya dengan governance scope, among others intensify employee
meningkatkan pemahaman pegawai mengenai implementasi understanding of GCG implementation and gratification control
390 PT Aneka Tambang Tbk Laporan Tahunan 2019 Annual Report www.antam.com
Tata Kelola Perusahaan Tanggung Jawab Sosial Perusahaan Laporan Keuangan Konsolidasian
Corporate Governance Corporate Social Responsibility Consolidated Financial Statements
GCG dan Pengendalian Gratifikasi melalui sosialisasi bagi seluruh through socialization to all of ANTAM employee as well as in
Insan ANTAM serta program induksi bagi pegawai baru. Materi induction program for new employee. Socialization material
sosialisasi yang setiap tahunnya disampaikan meliputi prinsip- which is delivered annually includes GCG principles, corporate
prinsip GCG, struktur tata kelola Perusahaan, struktur kebijakan governance structure, company policy structure, company Code
Perusahaan, standar etika Perusahaan, pengendalian gratifikasi, of Conduct, gratification control, State Official Wealth Report
penyampaian LHKPN, dan whistleblowing system. Namun di tahun (LHKPN), and Whistleblowing System. However, in 2019 also
2019 ANTAM juga melakukan sosialisasi mengenai Kebijakan conducted socialization on The Use of Social Media Policy which
Penggunaan Media Sosial yang dianggap penting dalam menjaga is considered important in maintaining the company’s image in
citra Perusahaan dalam era globalisasi saat ini. Selain itu, di tahun the current era of globalization. Furthermore, in 2019 there was
2019 juga terdapat pembaharuan atas softstructure Perusahaan a renewal of the Company’s softstructure, including revisions the
di antaranya pengkinian atas Standar Etika Perusahaan, Kebijakan Code of Conduct, Risk Management Policy, Treasury Management
(Management Policy) Manajemen Risiko, Kebijakan Treasury, Policy, Supply Chain Management Policy, Precious Metal’s
Kebijakan Pengelolaan Rantai Pasokan, Kebijakan Pemasaran Marketing and Trading Management Policy, ICT Management
dan Perdagangan Logam Mulia, Kebijakan Tata Kelola ICT Policy and Nickel and Bauxite Commodity’s Marketing and Sales
serta Kebijakan Pemasaran dan Penjualan Komoditas Nikel dan Management Policy, as well as ICT Governance Management
Komoditas Bauksit dan Kebijakan Tata Kelola ICT. Perusahaan Policy. The company also aligns ANTAM’s Management Policy
juga melakukan penyelarasan Management Policy ANTAM with the Strategic Guidelines issued by the Mining Industry
dengan Pedoman Strategis yang diterbitkan oleh Holding Industri Holding. This is a form of the Company’s efforts to ensure that all
Pertambangan. Hal ini merupakan bentuk upaya Perusahaan Company Policies are always reviewed periodically in accordance
untuk memastikan bahwa seluruh Kebijakan Perusahaan selalu with the current conditions of the Company.
dikaji secara berkala sesuai dengan kondisi terkini Perusahaan.
Selama 2019, ANTAM telah memperoleh beberapa penghargaan During 2019, ANTAM has received several awards related to
terkait implementasi praktik GCG, di antaranya meraih predikat the implementation of GCG practices, including achieved the
“Most Trusted Company” dalam Corporate Governance title of “Most Trusted Company” in the Corporate Governance
Perception Index (CGPI) yang diadakan oleh The Indonesia Institute Perception Index (CGPI) held by The Indonesia Institute of
of Corporate Governance (IICG) selama 11 (sebelas) kali berturut- Corporate Governance (IICG) for 11 (eleven) consecutive period
turut sejak tahun 2008. ANTAM menjadi satu-satunya Perusahaan since 2008. ANTAM is the only company that has consistently
yang telah konsisten mengikuti penilaian ini sejak pertama kali followed this assessment since CGPI was first held in 2001.
CGPI diselenggarakan di tahun 2001. ANTAM juga memperoleh ANTAM also received the Best Indonesia GCG Implementation
penghargaan The Best Indonesia GCG Implementation 2019 2019 award in the State-Owned Enterprise’s (SOE’s) Public
kategori State-Owned Enterprise’s (SOE’s) Public Company sektor Company in the Mining sector. In addition, ANTAM won the
Pertambangan. Selain itu, ANTAM meraih penghargaan “Best “Best Non-Financial Sector” award at the 2019 Corporate
Non-Financial Sector” pada The 11th Corporate Governance Governance Conference and Award 2019 organized by the
Conference and Award 2019 yang diselenggarakan Indonesian Indonesian Institute for Corporate Directorship (IICD).
Institute for Corporate Directorship (IICD).
Capaian Penilaian Penerapan GCG

GCG Assessment Achievement
98,28 92,10% 90,11

“Sangat Baik” Very Good “Sangat Baik” Very Good “Most Trusted Company”
Pedoman GCG BUMN GCG Guidelines for SOE ASX CG Principles & Recommendations 4th Edition Corporate Governance Perception Index (CGPI)
Best Non
85,71% Fully Comply Financial Sector
“Sangat Baik” Very Good Pedoman Tata Kelola Perusahaan Terbuka OJK
Indonesian Institute for Corporate Directorship (IICD)
ASEAN Corporate Governance Scorecard Corporate Governance Guidelines for
Public Company by FSA
www.antam.com Laporan Tahunan 2019 Annual Report PT Aneka Tambang Tbk 391
Tata Kelola Perusahaan

Highlight Aktivitas GCG Tahun 2019

Highlight of GCG Events 2019
1 Juli 2019 5 Juli 2019 5-6 Agustus 2019 23 Agustus 2019

July 1, 2019 July 5, 2019 August 5-6, 2019 August 23, 2019
ANTAM melakukan sosialisasi ANTAM melakukan ANTAM melakukan Sosialisasi Implementasi GCG, Standar ANTAM meraih Penghargaan The Best
Implementasi GCG, Standar Etika, revisi atas Standar Etika, Pengendalian Gratifikasi, LHKPN, Whistleblowing Indonesia GCG Implementation 2019
Pengendalian Gratifikasi, LHKPN, Etika Perusahaan dan System dan Kebijakan Penggunaan Media Sosial di UBP Kategori SOE’s Public Company Sektor
Whistleblowing System dan Kebijakan melaksanakan Pemberian Bauksit Kalimantan Barat dan salah satu anak perusahaan Mining pada Indonesia Good Corporate
Penggunaan Media Sosial di UBP Nikel Komitmen atas Standar ANTAM yaitu PT Indonesia Chemical Alumina. Governance Award 2019 yang
Maluku Utara. Etika Perusahaan. diselenggarakan oleh Economic Review.
ANTAM conducted socialization of GCG Implementation,
ANTAM conduct socialization of ANTAM revised the Code of Conduct, Gratification Control, State Official ANTAM achieved the Best GCG
GCG Implementation, Code of Company’s Code of Wealth Report (LHKPN), Whistleblowing System and The Implementation Award 2019 for
Conduct, Gratification Control, State Conduct and signing the Use of Social Media Policy in West Kalimantan Bauxite category SOE’s Public Company in
Official Wealth Report (LHKPN), Commitment of Code of Mining Business Unit and PT Indonesia Chemical Alumina Mining Sector in Good Corporate
Whistleblowing System and The Use Conduct. as one of ANTAM’s subsidiary. Governance Award 2019 organized by
of Social Media Policy in North Maluku the Economic Review.
Nickel Mining Business Unit.
14 Oktober 2019 21 November 2019 12 Desember 2019

October 14, 2019 November 21, 2019 December 12, 2019
ANTAM meraih Penghargaan The Best ANTAM melakukan sosialisasi Implementasi GCG, Standar ANTAM meraih Predikat Most Trusted
Non Financial Sector pada The 11th Etika, Pengendalian Gratifikasi, State Official Wealth Report Company berdasarkan penilaian
Corporate Governance Conference (LHKPN), Whistleblowing System dan Kebijakan Penggunaan Corporate Governance Perception
& Award 2019 yang diselenggarakan Media Sosial di UBPP Logam Mulia. ANTAM melakukan Index (CGPI) yang diselenggarakan
oleh Indonesia Institute for Corporate Pengukuran Pemahaman Standar Etika Perusahaan kepada oleh Indonesia Institute of Corporate
Directorship. seluruh pegawai ANTAM. Governance.
ANTAM achieved the Best Non Financial ANTAM conducts ANTAM conduct socialization of GCG ANTAM achieved the Most Trusted
Sector at the 11th Corporate Governance Implementation, Code of Conduct, Gratification Control, Company predicate based on assessment
Conference and Award 2019 organized LHKPN, Whistleblowing System and The Use of Social of the Corporate Governance Perception
by Indonesia Institute for Corporate Media Policy in Precious Metal Processing and Refinery Index (CGPI) organized by Indonesia
Directorship. Business Unit. ANTAM conducts Company Ethics Standards Institute of Corporate Governance.
Understanding Measurement for all ANTAM employees.
Jejak Langkah Implementasi GCG ANTAM 1997-2019

ANTAM’s GCG Implementation Milestone 1997-2019
• Pengangkatan Komisaris Independen pertama

• Status ANTAM meningkat menjadi Full listing di
• Initial Public Offering (IPO) ANTAM
ASX
di Bursa Efek Jakarta dan Bursa Efek
• Pengesahan Charter Komite Audit
Surabaya
• Appointment of the first Independent
• Pengangkatan Sekretaris Perusahaan
• Pembentukan Commissioner
• Initial Public Offering (IPO) ANTAM in
Komite Audit • ANTAM’s Status increased to Full listing on the • Pembentukan Komite Audit
Jakarta Stock Exchange and Surabaya
• Establishment of ASX • Establishment of Audit
Stock Exchange
Audit Committee • Ratification of the Audit Committee Charter Committee
• The appointment of Corporate Secretary
1997 1999 2000 2001 2002 2003 2004
• Tercatat sebagai foreign exempt • Pembentukan panel penjaringan Komisaris Independen • Penandatanganan Komitmen implementasi GCG oleh
entity di Australian Securities dengan dukungan konsultan independen Direktur Utama dan Komisaris Utama
Exchange (ASX) • Asesmen implementasi GCG oleh konsultan • Pembentukan unit pengelola implementasi GCG
• Listed as foreign exempt independen mengacu pada standar internasional • Pengesahan Pedoman Kebijakan Perusahaan (PKP)
entity in Australian Securities • Keikutsertaan dalam Ajang Pemeringkatan Corporate • Pengesahan Standar Etika Perusahaan
Exchange (ASX) Governance Perception Index oleh IICG • Pengesahan Charter Dewan Komisaris dan Charter Direksi
• Establishment of an Independent Commissioner • Signing of GCG implementation commitments by the
selection panel with the support of an independent President Director and the President Commissioner
advisor • Establishment of GCG Implementation Management
• GCG implementation assessment by independent • Ratification of Guideline for Company Policy
assessor based on the international standard • Ratification of Company Code of Conduct
• Participation in Corporate Governance Perception • Ratification of Board of Commissioners’ Charter and Board
Index of Directors’ Charter
• Revisi Standar Etika Perusahaan dan penandatanganan

komitmen pertama kali bagi seluruh Insan ANTAM
• Adopsi ASX Corporate Governance Principle and
Recommendation (2nd edition) • Pembentukan Tim
• Adopsi Pedoman Umum GCG Indonesia yang dikeluarkan Whistleblowing
KNKG • Pengesahan Kebijakan
• Pembentukan Satuan Kerja Risk Management dan Manajemen Risiko
dimulainya Cycle 1 Risk Control Self-Assessment (RCSA) • Penetapan Implementasi GCG
• Pembaharuan nama Komite • Pembentukan Helpline ANTAM sebagai Media Pelaporan sebagai salah satu KPI
Pasca Tambang menjadi Pelanggaran • Pengenalan nilai-nilai Perusahaan
Komite Lingkungan dan Pasca • Revision of the Company’s Code of Conduct and the (PIONEER, SENSE, BEST, dan
Tambang signing of the first commitment to all Insan ANTAM Human Capital Excellence) • Implementasi
• Asesmen GCG Tahun Buku • Adoption of ASX Corporate Governance Principle and • Establishment of Whistleblowing Information and
2004 oleh Standard & Poor’s Recommendation (2nd edition) Team Communication
• Change of name of the Post- • Adoption of General Guideline of GCG Indonesia issued by • Ratification of Risk Management Technology (ICT)
Mining Committee to the KNKG Policy Governance
Environment and Post-Mining • Establishment of Risk Management Work Unit and the • Ratification of GCG • Implementation of
Committee commencement of Cycle 1 Risk Control Self-Assessment Implementation as one of KPIs Information and
• GCG Assessment of Fiscal (RCSA) • Introduction of Company values Communication
Year 2004 by Standard & • The Establishment of Helpline ANTAM as Media Reporting (PIONEER, SENSE, BEST, and Technology (ICT)
Poor’s of Violations Human Capital Excellence) Governance
2005 2006 2007 2008 2009 2010 2011
• Pembentukan organisasi GCG secara • Perubahan nama Komite Lingkungan dan Pasca Tambang menjadi • Revisi penamaan Pedoman Kebijakan
struktural Komite CSR, Lingkungan dan Pasca tambang (Komite CSR-LPT) Perusahaan (PKP) menjadi Kebijakan
• Asesmen GCG Tahun Buku 2005 oleh • Pengesahan pedoman dan prosedur penanganan pelaporan Tata Kelola Perusahaan (Corporate
Ernst and Young pelanggaran (Whistleblowing System) Governance Policy)
• Pengesahan Charter Internal Audit • Change of name of Environment and Post Mining Committee • Revision of the naming of Corporate
• Establishment of GCG organizational to CSR, Environment and Post-Mining Committee (CSR-LPT Policy Guidelines (PKP) to Corporate
structure Committee) Governance Policy
• GCG Assessment for Fiscal Year 2005 by • Ratification of Guidelines and Procedure for the Handling of
Ernst and Young Violation Reporting (Whistleblowing System)
• Ratification of the Internal Audit Charter
• Penilaian BUMN Bersih dari BPKP • Adopsi terhadap Pedoman GCG

• Adopsi ASX Corporate Governance BUMN No: SK-16/S.MBU/2012
Principle and Recommendation • Adopsi ASEAN
(3rd edition) Corporate Governance Scorecard
• Penggabungan fungsi GCG dengan • Pembentukan ANTAM GCG
Komite NRPSDM, sehingga ANTAM Champion I
• Revisi Charter Direksi dan Dewan Memiliki Tiga Komite yaitu Komite Audit, • Peleburan fungsi Komite CSR-LPT
Komisaris 2016 Komite GCG-NR, dan Komite ke fungsi Komite GCG
• Revisi Standar Etika Perusahaan Manajemen Risiko • Adoption of SOE GCG Guideline
dan Corporate Governance Policy • BPKP Assessment of Clean SOE No: SK-16/S.MBU/2012
• Revisi Pedoman Implementasi
• Revisi Charter Komite • Adoption of ASX Corporate Governance • Adoption of ASEAN Corporate
GCG
• Revision of BOD Charter and Principle and Recommendation (3rd edition) Governance Scorecard
• Training of Trainers Pengendalian
BOC Charter 2016 • Consolidation of GCG functions with • Establishment of ANTAM GCG
Gratifikasi (ToT)
• Revision of Company Code NRPSDM Committee, so ANTAM has three Champion I
• Revision of GCG Implementation
of Conduct and Corporate Committees namely Audit Committee, • Consolidation of the functions
Guidelines
Governance Policy GCG-NR Committee, and Risk of the CSR-LPT Committee
• Training of Trainers Gratification
• Revision of Committee Charter Management Committee to GCG Committee
Control (ToT)
2019 2018 2017 2016 2015 2014 2013 2012
• Revisi Standar Etika Perusahaan • Revisi Standar Etika Perusahaan • Adopsi Pedoman Tata Kelola • Pengukuran Pemahaman
• Penyelarasan Management Policy • Pengkinian Kebijakan Pengendalian Perusahaan Terbuka oleh OJK Standar Etika Perusahaan
ANTAM dengan Pedoman Strategis Gratifikasi serta Kebijakan Penyampaian dan berdasarkan SEOJK No: 32/ • Pembentukan ANTAM GCG
Holding Industri Pertambangan Pengelolaan LHKPN SEOJK.04/2015 Champion II
• Adopsi Parameter ASX Corporate • Pembentukan Unit Pengendali Gratifikasi • Penguatan GCG di Anak • Measurement of the
Governance Principles and dan Tim Administrator LHKPN Perusahaan Understanding of Company
Recommendation 4th Edition • Adopsi ASEAN Corporate • Adoption of Corporate Code of Conduct
• Revision of the Company Code of Governance Scorecard V.2.0 Governance Guidelines for Public • Establishment of ANTAM
Conduct • Revision to the Company’s Code of Conduct Company based on Circular Letter GCG Champion II
• Aligning ANTAM’s Management • Update of Gratification Control Policy and of FSA No: 32/SEOJK.04/2015
Policy with Strategic Policy of Mining Submission and Management of LHKPN • GCG Strengthening in Subsidiaries
Industry Holding Policy
• Adopsi Parameter ASX Corporate • Establishment of Gratification Control Unit
Governance Principles and and LHKPN Administrator Team
Recommendation 4th Edition • Adoption of ASEAN Corporate Governance
Scorecard V.2.0

TUJUAN PENERAPAN GCG GCG IMPLEMENTATION OBJECTIVE

ANTAM berkomitmen menerapkan prinsip-prinsip GCG secara ANTAM is committed to apply GCG principles consistently and
konsisten dan berkelanjutan. Penerapan dan pengembangan continuously. Application of the GCG in ANTAM is aimed to:
GCG di ANTAM bertujuan untuk: a. Achieve maximum growth and yield to increase the prosperity
a. Mencapai pertumbuhan dan imbal hasil yang maksimal of the company, as well as actualizing shareholders value
sehingga meningkatkan kemakmuran Perusahaan, serta in a long term without ignoring the interests of other
mewujudkan nilai Pemegang Saham dalam jangka panjang stakeholders;
tanpa mengabaikan kepentingan Pemangku Kepentingan b. Control and direct outstanding relationship among
lainnya; Shareholders, Board of Commissioners, Board of Directors,
b. Mengendalikan dan mengarahkan hubungan yang baik and all stakeholders;
antara Pemegang Saham, Dewan Komisaris, Direksi, dan c. Support company’s internal control and development
seluruh Pemangku Kepentingan Perusahaan; activities;
c. Mendukung aktivitas pengendalian internal dan d. Manage resources by upholding trust;
pengembangan Perusahaan; e. Enhance accountability to stakeholders;
d. Mengelola sumber daya secara lebih amanah; f. Enhance the company’s work culture;
e. Meningkatkan pertanggungjawaban kepada Stakeholders; g. To make the company able in creating added value that is to
f. Memperbaiki budaya kerja Perusahaan; dan increase the welfare of entire ANTAM Employee as well as to
g. Menjadikan Perusahaan bernilai tambah yaitu meningkatkan increase benefit for stakeholders.
kesejahteraan seluruh Insan ANTAM berikut peningkatan
kemanfaatan bagi Stakeholders Perusahaan.
Tahapan implementasi gcg di antam GCG IMPLEMENTATION STAGE IN ANTAM

Awal penerapan GCG dimulai sejak ANTAM resmi mencatatkan The GCG implementation is started when ANTAM officially
sahamnya di Bursa dan mengubah statusnya menjadi Perusahaan listed its shares on the Indonesia Stock Exchange and changed
Terbuka. Dimulai dari kesadaran (awareness) ANTAM bahwa its status to Public Company. This change has built ANTAM’s
praktik Good Corporate Governance sangat penting diterapkan awareness of the importance of Good Corporate Governance
guna meningkatkan kepercayaan Stakeholders dan Shareholders practices within the Company to enhance stakeholders and
serta mewujudkan bisnis yang berkelanjutan bagi Perusahaan. shareholders trust and to create sustainable business for the
Sebagai tindak lanjut dari awareness dan untuk mengukur Company. As a follow-up of such awareness and to measure the
kualitas penerapan Good Corporate Governance, maka ANTAM quality of Good Corporate Governance implementation, ANTAM
melaksanakan asesmen setiap tahun baik yang dilakukan oleh makes an assessment annually carried out by an Independent
Asesor independen maupun secara self-assessment. Proses Assessor or self-assessment. The assessment process refers to
asesmen tersebut mengacu pada parameter-parameter yang the parameters which relevant to ANTAM as a Public Company
relevan dengan ANTAM sebagai Perusahaan Terbuka yang which listed on the Indonesia Stock Exchange and the Australian
sahamnya tercatat di Bursa Efek Indonesia dan Bursa Efek Securities Exchange. The assessment results attain advice and
Australia. Hasil dari asesmen tersebut menghasilkan saran dan recommendations to evaluate and maximize GCG best practices
rekomendasi yang dipenuhi dalam upaya melakukan evaluasi dan in ANTAM (GCG Improvement). ANTAM’s GCG implementation
memaksimalkan praktik terbaik GCG di ANTAM (improvement). is also published on the Company’s website, Annual Report and
Hasil implementasi GCG ANTAM secara keseluruhan akan media release that can be accessed by all Stakeholders.
dipublikasikan melalui website Perusahaan, Laporan Tahunan
serta rilis media yang dapat diakses oleh seluruh Stakeholders.
Tahapan Implementasi GCG ANTAM

GCG Implementation Stage in ANTAM
Kesadaran
Awareness
Pengungkapan Kajian
Disclosure Assessment
Peningkatan
Sosialisasi Praktik GCG
Socialization GCG Improvement
STRUKTUR TATA KELOLA PERUSAHAAN CORPORATE GOVERNANCE STRUCTURE

Sesuai dengan Undang-Undang Republik Indonesia In accordance with Indonesian’s law Number 40 year 2007
Nomor 40 tahun 2007 tentang Perseroan Terbatas (UU PT), about Limited Liability Company, organs of a company consist
organ perusahaan terdiri atas Rapat Umum Pemegang Saham of the General Meeting of Shareholders (GMOS), the Board
(RUPS), Dewan Komisaris, dan Direksi. Sesuai dengan Anggaran of Commissioners (BOC), and the Board of Directors (BOD). In
Dasar Perseroan dan peraturan perundang-undangan yang accordance with the Articles of Association and the prevailing
berlaku, setiap organ memiliki peran penting dalam penerapan laws and regulation, each organ has a vital role in implementing
GCG serta melaksanakan fungsi, tugas, dan tanggung jawab Good Corporate Governance and carry out functions, duties,
masing-masing demi kepentingan Perusahaan. and responsibilities respectively for the interests of the Company.
Struktur Tata Kelola ANTAM

ANTAM Governance Structure
Rapat Umum Pemegang Saham

General Meeting of Shareholders
Direksi Dewan Komisaris

Board of Directors Board of Commissioners
Komite Penunjang Dewan Komisaris

Kantor Pusat
Supporting Committees of
Head Office
the Board of Commissioners
• Corporate Secretary • Risk Management • Internal Audit. Komite Audit Komite Risk Komite Good
• Legal & Compliance • Accounting, Tax & • Accounting, Tax Audit Management Corporate
• CSR Budgeting & Budgeting Committee Risk Governance,
• Information & • Corporate Finance • Corporate Management Nominasi &
Communication • Operation Finance Committee Remunerasi
Technology Management, Health, • Treasury, Good
• General Affairs & Safety & Environment Funding, Corporate
Non Operational • Supply Chain Insurance Governance,
Asset Management Management • Legal & Nomination &
• Human Capital • Base Metals Sales & Compliance Remuneration
Management Marketing • Corporate Committee
• Organization • Corporate Strategic Strategic
Effectiveness & • Representative Office • General Affairs &
Development • Business Development Non Operational
• CEO Office • CEO Office Asset
Management
KEBIJAKAN TATA KELOLA PERUSAHAAN CORPORATE GOVERNANCE POLICY

ANTAM berkomitmen untuk melaksanakan tata kelola ANTAM is committed in implementing good corporate
perusahaan yang baik. Hal ini diwujudkan dengan menetapkan governance. This can be manifested through establishing
kebijakan seperti Pedoman Tata Kelola Perusahaan (Corporate policies such as Corporate Governance Policy (CGP), Code of
Governance Policy/CGP), Code of Conduct (CoC), Piagam Conduct (CoC), Board of Commissioners (BOC) Charter, Board
Dewan Komisaris (BOC Charter), Piagam Direksi (BOD Charter), of Directors (BOD) Charter, Supporting Committee to the
Piagam Komite Penunjang Dewan Komisaris, Piagam Internal BOC Charter, Internal Audit Charter, Risk Management Policy,
Audit, Pedoman Kebijakan Manajemen Risiko, serta kebijakan and other policies that support the implementation of good
lainnya yang mendukung penerapan GCG secara konsisten dan corporate governance consistently and continuously. These
berkelanjutan. Berbagai kebijakan di atas selalu dimutakhirkan policies are always updated periodically to adapt according to
secara berkala untuk diadaptasikan sesuai dengan praktik the best practices, conditions, development of ANTAM’s business
terbaik, kondisi dan perkembangan lingkungan bisnis ANTAM environment and changes to prevailing laws and regulations and
serta perubahan peraturan perundang-undangan yang berlaku have been published on ANTAM’s website and ANTAM internal
dan telah dipublikasikan dalam situs ANTAM dan portal internal portal.
ANTAM.
Struktur kebijakan di ANTAM terdiri dari 3 (tiga) tingkat, yaitu: The Policy Structure in ANTAM consist of 3 (three) levels, namely:
Prinsip GCG
GCG Principles
Transparasi Akuntabilitas Tanggung Jawab Independensi Kewajaran

Transparency Accountability Responsibility Independency Fairness
Arahan Strategis Dewan

Komisaris dan Direksi Pedoman Kebijakan Tata Kelola Perusahaan
Strategic Direction Corporate Governance Policy (CGP)
Level 1
of the BOC and BOD
Kebijakan Standar Etika

Kebijakan Manajemen Charter
Manajemen Perusahaan Level 2
Management Policy Management Code of Conduct
Policy (COC)
Sistem dan Prosedur Operasional

System and Operating Procedure
SOP & Instruksi Kerja Level 3
SOP and Work Instruction
Agar alur kebijakan tetap konsisten maka di dalam CoC, Charter, To keep the policy to remain consistent, in CoC, Charter,
Management Policy, SOP dan WI harus memuat langsung Management Policy, SOP and WI must clearly contain subject
bagian-bagian yang terkait dengan CGP. Dengan demikian matters that relate to CGP. Thus, any inconsistency and conflict
dapat menghindari ketidakselarasan antara seluruh softstructure in the policies, which may occur, can be easily detected and
GCG ANTAM. avoided.
Pendekatan Penyusunan Kebijakan Policy Establishment Approach based

berdasarkan Objective, Risk and Control on Objective, Risk and Control, and GCG
serta Prinsip-Prinsip GCG Principles
Penyusunan kebijakan juga memperhatikan arahan strategis dan The policy formation also considers the strategic directions and
kebijakan lain yang telah dituangkan dalam kebijakan Dewan other policies that have been set forth in the previous policies
Komisaris dan Direksi sebelumnya. Proses penyusunan dilakukan established by the Board of Commissioners and the Board of
secara bertahap melalui Top Down Approach dan Bottom Up Directors. The formation process is conducted in stages through
Approach. Top Down Approach and Bottom Up Approach.
Risk dan opportunity sebagai “dua sisi mata uang” untuk Risk and opportunity, like “two sides of a coin,” unite
menyatukan governance, risk, dan control. Tujuannya adalah the governance, risk, and control. The aim is to provide
untuk membumikan pemahaman konsep tata kelola pada understanding of the concept of governance to all levels, from
semua tingkatan mulai dari manajemen puncak hingga penyelia. top management to operators.
Proses penyusunan dan pengesahan kebijakan (Management The process of formulating and approving Management Policy
Policy) di ANTAM terlebih dahulu harus dilakukan reviu dari in ANTAM must be reviewed by Legal and Compliance Division
aspek hukum oleh Divisi Legal and Compliance, aspek risiko oleh regarding legal aspects, reviewed by Risk Management Division
Divisi Risk Management, aspek tata kelola oleh Divisi Corporate regarding risk aspects, reviewed by Corporate Secretary Division
Secretary serta aspek lainnya oleh divisi terkait. Management regarding governance aspects and other aspects by the relevant
Policy tersebut kemudian disahkan oleh Direksi melalui Rapat divisions. The Management Policy is then approved by the Board
Direksi maupun Keputusan di luar Rapat Direksi dalam bentuk of Directors through the Board of Directors Decree both in BOD’s
Surat Keputusan Direksi. meeting and Circular Resolution in the form of the Board of
Directors’ Decree.
Transparency Accountability
Objective
Responsibility Risk Control

Independency
Fairness
Pada tingkat 1 (satu) kebijakan Perusahaan, ANTAM memiliki At level one Corporate policy, ANTAM has Corporate Governance
Kebijakan Tata Kelola Perusahaan (Corporate Governance Policy (CGP) as the Company’s principal policy which contains a
Policy/CGP) sebagai induk kebijakan Perusahaan yang meliputi set of core company management guidelines that are holistic
himpunan pedoman pokok pengelolaan Perusahaan yang and integrated according to GCG principles. All regulations,
bersifat holistik dan terintegrasi sesuai prinsip GCG. Seluruh decisions, or policies issued by ANTAM has to refer to CGP as
peraturan, keputusan atau kebijakan yang diterapkan oleh standards and basic guidelines in its formation.
ANTAM harus mengacu kepada CGP sebagai standar dan
pedoman dasar dalam pembentukannya.
Corporate Governance Policy (CGP) sebagai induk kebijakan Perusahaan memuat hal-hal
sebagai berikut:
1. Hubungan antara Perusahaan dengan Pemegang Saham;
2. Fungsi serta Peran Dewan Komisaris dan Direksi;
3. Hubungan antara Perusahaan dengan Pemangku Kepentingan;
4. Pedoman GCG yang Diadopsi oleh Perusahaan;
5. Prinsip-prinsip mengenai Kebijakan Perusahaan.
Corporate Governance Policy (CGP) as the principal policy of the Company consists of
the followings:
1. Relationship between the Company and Shareholders;
2. Functions and roles of the Board of Commissioners and the Board of Directors;
3. Relationship between the Company and Stakeholders;
4. GCG Guidelines Adopted by the Company;
5. Principles of the Company’s policies.
Berdasarkan ketentuan Pasal 5 ayat 4 huruf c.5 Anggaran Based on the provisions of Article 5 paragraph 4 letter c.5
Dasar Perseroan, Pemegang saham Seri A Dwiwarna memiliki Articles of Association, Series A Dwiwarna shareholders have
hak istimewa untuk menetapkan pedoman yang bersifat the privilege to determine the Company’s strategic guidelines
strategis dalam bidang-bidang tertentu. Pelaksanaan terhadap in certain fields. The implementation of these privileges can
hak istimewa tersebut dapat dikuasakan kepada Pemegang be authorized to the Company’s most Series B Shareholders.
Saham Seri B terbanyak Perseroan. Pemegang Saham Seri Dwiwarna A Series Shareholders have granted the authority
A Dwiwarna telah memberikan kuasa kepada PT Indonesia to PT Indonesia Asahan Aluminium (Persero) as the Company’s
Asahan Aluminium (Persero) selaku Pemegang Saham Seri B most Series B Shareholder through Special Power of Attorney
terbanyak Perseroan melalui Surat Kuasa Khusus Nomor SKK- Number: SKK-14/MBU/5/2018 dated May 31, 2018. Based
14/MBU/5/2018 tanggal 31 Mei 2018. Berdasarkan hal tersebut, on this, PT Indonesia Asahan Aluminium (Persero) has issued
PT Indonesia Asahan Aluminium (Persero) telah menerbitkan Strategic Guidelines for Holding Members and submitted
Pedoman Strategis bagi Anggota Holding dan disampaikan to ANTAM through the Letter of the President Director of
kepada ANTAM melalui Surat Direktur Utama PT Indonesia PT Indonesia Asahan Aluminium (Persero) Number 630/L-Dirut/
Asahan Aluminium (Persero) Nomor 630/L-Dirut/IV/2019 IV/2019 dated April 30, 2019. This Strategic Guidelines came
tanggal 30 April 2019. Pedoman strategis ini mulai berlaku into force on the 2nd May 2019. Following up on the issuance
sejak tanggal 2 Mei 2019. Menindaklanjuti penerbitan Pedoman of the Strategic Guidelines, ANTAM is making alignment of
Strategis tersebut, ANTAM sedang melakukan penyelarasan internal policy which adjusted to the Mining Industry Holding
kebijakan internal dengan Pedoman Strategis Holding Industri Strategic Guidelines.
Pertambangan.
internalisasi gcg INTERNALIZATION OF GCG

Guna memberikan pemahaman tentang penerapan tata In order to provide an understanding of the implementation
kelola Perusahaan yang baik serta sejauh mana implementasi of good corporate governance and informed how far the
GCG di ANTAM telah dilaksanakan, pada tahun 2019 telah implementation of GCG at ANTAM has been implemented,
dilaksanakan Sosialisasi Implementasi GCG, Standar Etika in 2019 the Company conducted socialization of GCG
Perusahaan, Pengendalian Gratifikasi, Pengelolaan LHKPN, Implementation, Gratification Control, State Official Wealth
Whistleblowing System dan Kebijakan Penggunaan Media Sosial Report (LHKPN) Management, Whistleblowing System, The
di Unit Bisnis Pertambangan Nikel Maluku Utara pada tanggal Use of Social Media Policy in North Maluku Nickel Mining
1 Juli 2019, di Unit Bisnis Pertambangan Bauksit Kalimantan Business Unit on July 1, 2019, in West Kalimantan Bauxite
Barat pada tanggal 5 Agustus 2019, di Anak Perusahaan ANTAM Mining Business Unit on August 5, 2019, in one of ANTAM’s
PT Indonesia Chemical Alumina pada tanggal 6 Agustus 2019, subsidiaries PT Indonesia Chemical Alumina on August 6,
di Unit Bisnis Pengolahan dan Pemurnian Logam Mulia pada 2019, in Precious Metal Processing and Refinery Business Unit
tanggal 21 November 2019 dan juga pada saat induksi pegawai on November 21, 2019. The socialization is also conducted in
baru pada tanggal 17-19 September 2019 dan bagi pegawai induction for new employee on September 17-19, 2019 and
ANTAM Fresh Graduate Program (AFGP) tanggal 5 Desember AFGP employee on December 5, 2019. In this socialization,
2019. Dalam sosialisasi ini, ANTAM juga bekerja sama dengan ANTAM also associated with the Whistleblowing System Team
Tim Whistleblowing system yang berasal dari Dewan Komisaris from the Board of Commissioners structure specifically, member
yaitu anggota Komite Audit dan Komite GCG-NR. of Audit Committee and member of GCG-NR Committee.
Penanaman nilai-nilai GCG juga dilakukan melalui portal internal The internalization of GCG values is also carried out through the
Perusahaan, sosialisasi melalui e-mail kepada seluruh Pegawai, Company’s internal portal, e-mail dissemination to all employees,
maupun publikasi melalui banner dan website Perusahaan as well as publications through banner and Company’s website
yang dapat dilihat dan diunduh dengan mudah oleh Pegawai which can be viewed and downloaded easily by the Company’s
Perusahaan maupun Stakeholders. Employees and Stakeholders.
Rapat Umum Pemegang Saham

General Meeting of Shareholders
RUPS Tahunan Tahun Buku 2018

Annual GMOS for Financial Year 2018
Rapat Umum Pemegang Saham (RUPS) adalah organ General Meeting of Shareholders (GMOS) is the organ of the
Perusahaan yang memiliki wewenang yang tidak diberikan Company, which has the authority that is not granted to the
kepada Direksi atau Dewan Komisaris dalam batas yang Board of Directors or the Board of Commissioners within the
ditentukan dalam Undang-undang Perseroan Terbatas dan/atau limits specified in the Limited Liability Company Law and/or
Anggaran Dasar Perusahaan. RUPS merupakan wadah bagi para the Company’s Articles of Association. GMOS is a forum for
Pemegang Saham untuk dapat menggunakan haknya dalam Shareholders to use their rights for expressing opinions and
mengemukakan pendapat dan memperoleh informasi yang obtaining information relating to the Company as long as it
berkaitan dengan Perusahaan sepanjang berhubungan dengan relates to the agenda for the meeting and not contrary to the
mata acara rapat dan tidak bertentangan dengan kepentingan interests of the Company by considering the provisions of the
Perusahaan serta memperhatikan ketentuan Anggaran Dasar Company’s Articles of Association and the laws and regulations.
Perseroan dan peraturan perundang-undangan. Keputusan Decisions made at the GMOS should be based on the Company’s
yang diambil dalam RUPS harus didasarkan pada kepentingan long-term business interests.
usaha Perusahaan dalam jangka panjang.
PEMEGANG SAHAM SHAREHOLDERS

Pemegang Saham adalah individu atau badan hukum yang Shareholders are individuals or legal entities that legally own
secara sah memiliki saham Perusahaan. Sesuai Anggaran Dasar the Company’s share. According to the Company’s Articles of
Perseroan, saham Perseroan terdiri atas: Association, ANTAM’s share consist of:
1. Saham Seri A Dwiwarna yang hanya khusus dapat dimiliki 1. Series A Dwiwarna Shares which may be owned specifically
Negara Republik Indonesia; dan by the State of the Republic of Indonesia; and
2. Saham Seri B yang dapat dimiliki oleh Negara Republik 2. Series B Shares which may be owned by the State of The
Indonesia dan/atau masyarakat. Republic of Indonesia and/or public.
Struktur kepemilikan Saham Seri B ANTAM sebesar 35% dimiliki 35% of Series B Shares of ANTAM owned by Public and 65%
oleh Masyarakat/Publik dan 65% oleh PT Indonesia Asahan by PT Indonesia Asahan Aluminium (Persero). The explanation
Aluminium (Persero). Adapun penjelasan mengenai susunan about the shareholder composition is listed in this Annual Report
pemegang saham terdapat pada Laporan Tahunan ini bagian in the section of Shares and Bonds Overview.
ikhtisar Saham dan Obligasi.
Hak Pemegang Saham Shareholder Rights

Pemegang Saham Seri A Dwiwarna dan Pemegang Saham Seri The Series A Dwiwarna Shareholder and the Series B shareholders
B mempunyai hak yang sama sepanjang dalam Anggaran Dasar shall have equal rights in so far as not determined otherwise in
Perseroan tidak ditetapkan lain: the Articles of Association.
Sesuai Anggaran Dasar Perseroan, Saham Seri A Dwiwarna According to the Articles of Association, the Series A Dwiwarna
adalah saham yang dimiliki khusus oleh Negara Republik Share shall be the share specifically owned by the State of the
Indonesia yang memberikan kepada pemegangnya hak istimewa Republic of Indonesia granting the owner privileges as the Series
sebagai Pemegang Saham Seri A Dwiwarna. Hak-hak Pemegang A Dwiwarna Shareholder. The rights of the Series A Dwiwarna
Saham Seri A Dwiwarna yang dimaksud adalah: Shareholder referred to the point above comprise of:
1. Hak untuk menyetujui dalam RUPS mengenai hal-hal sebagai 1. The right to resolve in a General Meeting of Shareholder on
berikut: the following matters:
a. Persetujuan pengangkatan dan pemberhentian anggota a. Approval on the appointment and dismissal of the members
Direksi dan Dewan Komisaris; of the Board of Directors and the Board of Commissioners;
b. Persetujuan perubahan Anggaran Dasar; b. Approval on the amendment to the Articles of Association;
c. Persetujuan perubahan struktur kepemilikan saham; c. Approval on the amendment of the structure of shares
d. Persetujuan terkait penggabungan, peleburan, ownership;
pemisahan dan pembubaran serta pengambilalihan d. Approval on the merger, consolidation, split and the
Perseroan oleh perusahaan lain. liquidation as well as the acquisition of the Company by
other company.
2. Hak untuk mengusulkan Calon Anggota Direksi dan Calon 2. The right to propose Candidate Members of the Board of Directors
Anggota Dewan Komisaris; and Candidate Members of the Board of Commissioners;
3. Hak untuk mengusulkan mata acara RUPS; 3. The right to propose agenda of the GMOS;
4. Hak untuk meminta dan mengakses data dan dokumen 4. The right to request for and access the Company’s data and
Perseroan; documents;
5. Hak untuk menetapkan pedoman yang bersifat strategis 5. The rights to determine the strategic guidelines of the
Perseroan dalam bidang sebagai tercantum dalam Anggaran Company on the following sector as stated in the Articles
Dasar Perseroan. of Association.
Pelaksanaan terhadap hak istimewa Pemegang Saham Seri Implementation of the Series A Dwiwarna Shareholder’s
A Dwiwarna sebagaimana di atas dapat dikuasakan kepada entitlement as above may be granted to the Majority of
pemegang saham Seri B Perseroan, kecuali pelaksanaan hak Shareholders of Series B, except for the exercise of the privilege
istimewa pada angka 1.c dan 1.d. of 1.c and 1.d.
Selanjutnya, sesuai Surat Kuasa Khusus Nomor Furthermore, in accordance with Special Power of Attorney
SKK-14/MBU/5/2018 tanggal 31 Mei 2018 Pemegang Number SKK-14/MBU/5/2018 dated on May 31, 2018 Series A
Saham Seri A Dwiwarna memberikan kuasa khusus kepada Dwiwarna Shareholders gives special authority to PT Indonesia
PT Indonesia Asahan Aluminium (Persero) selaku Pemegang Asahan Aluminium (Persero) as the Majority Shareholders of
Saham Seri B terbanyak Perseroan untuk melakukan tindakan- Series B to take actions that are the authority and/or rights
tindakan yang menjadi kewenangan dan/atau hak Pemegang of Series A Dwiwarna Shareholders as listed above, including
Saham Seri A Dwiwarna sebagaimana tercantum di atas, the right to approve the proposals of the ANTAM’s Board of
termasuk di dalamnya hak untuk menyetujui usulan Dewan Commissioners for the actions of the Board of Directors as
Komisaris ANTAM atas tindakan-tindakan Direksi sebagaimana referred to in the Articles of Association of the Company.
dimaksud dalam Anggaran Dasar Perseroan.
Tanggung Jawab Pemegang Saham Shareholders Responsibility

Seluruh Pemegang Saham harus dapat: All Shareholders shall be able to:
1. Memisahkan kepemilikan harta Perusahaan dengan 1. Separate ownership of Company’s property from private
kepemilikan harta pribadi; property;
2. Memisahkan fungsinya sebagai pemegang saham dan 2. If a shareholder is also holding a position as a member of the
sebagai anggota Dewan Komisaris atau Direksi dalam hal Board of Commissioners or the Board of Directors, separate
pemegang saham menjabat pada salah satu dari kedua its functions as a shareholder from its function in any of
organ tersebut. those two Company’s organs.
Pemegang saham pengendali harus dapat: A controlling Shareholders shall be able to:
1. Memperhatikan kepentingan pemegang saham minoritas 1. Consider the interests of minority shareholders and
dan para pemangku kepentingan sesuai peraturan stakeholders in accordance with the prevailing laws and
perundang-undangan; regulations;
2. Mengungkapkan kepada instansi penegak hukum tentang 2. Disclose to the law enforcement authorities the actual
pemegang saham pengendali yang sebenarnya (Ultimate Ultimate Shareholders if there is any alleged violation against
Shareholders) dalam hal terdapat dugaan terjadinya the prevailing laws and regulation or being requested by the
pelanggaran terhadap peraturan perundang-undangan atau relevant authorities.
dalam hal diminta oleh otoritas terkait.
Dalam hal pemegang saham menjadi pemegang saham In case a shareholder becomes controlling shareholders in several
pengendali pada beberapa perusahaan, perlu diupayakan agar companies, it is necessary to make his accountability and inter-
akuntabilitas dan hubungan antar perusahaan dapat dilakukan company relationships transparent. Minority shareholders are
secara transparan. Pemegang saham minoritas bertanggung responsible for exercising their rights appropriately in accordance
jawab untuk menggunakan haknya dengan baik sesuai dengan with the Company’s Articles of Association and the prevailing
Anggaran Dasar Perseroan dan peraturan perundang-undangan. laws and regulations.
Kebijakan Hubungan dengan Pemegang Saham Shareholders Relation Policy

ANTAM telah menyediakan informasi yang sama kepada ANTAM has provided the Shareholders with same information
Pemegang Saham secara tepat waktu, benar dan teratur. in a timely, correct and regular manner. The Company’s policy
Adapun kebijakan Perusahaan yang mendukung ketersediaan that support the availability of information to shareholders are:
informasi kepada pemegang saham yaitu:
Kebijakan Proses Hubungan dengan Investor Kebijakan Hubungan dan Komunikasi dengan
dan Pemegang Saham berdasarkan SK Direksi Pihak Eksternal dan Internal Perusahaan
Nomor 192.K/0732/DAT/2009 tanggal 3 Agustus berdasarkan SK Direksi Nomor 081.K/0502/
2009 DAT/2011 tanggal 2 Mei 2011
Investor and Shareholder’s Relations Policy based External & Internal Relations Communication
on the BOD Decree Number 192.K/0732/DAT/2009 Policy based on BOD Decree Number 081.K/0502/
dated August 3, 2009 DAT/2011 dated on May 2, 2011
Kebijakan Perdagangan Efek Berbentuk Saham Kebijakan Pengungkapan Informasi diterbitkan

diterbitkan melalui SK Direksi Nomor 242.K/02/ melalui SK Direksi Nomor 241.K/02/DAT/2013
DAT/2013 tanggal 27 September 2013 yang ditandatangani oleh Direktur Utama
tanggal 27 September 2013
Stock Exchange Trading Policy based on the BOD
Decree Number 242.K/02/DAT/2013 dated Disclosure of Information Policy based on BOD
September 27, 2013 Decree Number 241.K/02/DAT/2013 signed by the
President Director on September 27, 2013
Saat ini Perusahaan sedang melakukan review terhadap kebijakan Currently, company conducting review to all policy related to
tersebut sesuai dengan regulasi terkini dan perkembangan the latest regulation and the development of the latest business
lingkungan bisnis terkini. Keempat kebijakan tersebut secara environment. Those four policies are briefly published on ANTAM
ringkas dipublikasikan dalam portal internal dan situs ANTAM. internal portal and website.
Akses Informasi kepada Pemegang Saham Access to Information for Shareholders

ANTAM telah menyediakan akses terhadap informasi untuk ANTAM has provided the shareholders with the access to
memungkinkan pemegang saham melaksanakan hak dan information to enable them to exercise their rights and carry out
tanggung jawabnya, yaitu: their responsibilities, namely:
RUPS
General Meeting of Shareholders Media Cetak
Newspaper
Media penyampaian laporan dan
informasi dimana memungkinkan Pertemuan Surat Kabar harian berbahasa
pemegang saham dapat Indonesia dan berperedaran
berpatisipasi dalam pengambilan dengan Investor nasional yang disampaikan dalam
keputusan Investor Meeting Bahasa Indonesia dan Bahasa Inggris
The media to reporting and External Meetings, News Alert, Daily newspapers in Bahasa
giving information which all of Advertising, Conferences, Site Visit, Indonesia with national circulation
shareholders can participate to Public Expose, Investor Summits, which were published in Bahasa
make decision Exhibition Indonesia and English
Media Elektronik Media Sosial

Electronic Media Social Media
• Situs www.antam.com • Twitter: @officialANTAM

• Email Perusahaan • Facebook: PT ANTAM Tbk
corsec@antam.com • Youtube channel Official ANTAM
• Instagram: official.antam
• Website www.antam.com
• Corporate e-mail
corsec@antam.com
PENYELENGGARAAN RUPS ORGANIZATION OF GENERAL MEETING OF

SHAREHOLDER
Pada tahun 2019, Perusahaan melaksanakan 2 (dua) kali Rapat In 2019, the Company held 2 (two) General Meeting Shareholders
Umum Pemegang Saham, yakni Rapat Umum Pemegang Saham Meetings, namely the Annual General Meeting of Shareholders
Tahunan (RUPST) yang diselenggarakan pada tanggal 24 April held on April 24, 2019 and the Extraordinary General Meeting
2019 dan Rapat Umum Pemegang Saham Luar Biasa yang of Shareholders held on December 19, 2019.
diselenggarakan pada tanggal 19 Desember 2019.
Proses penyelenggaraan Rapat Umum Pemegang Saham The process of organizing the Annual General Meeting of
Tahunan dilaksanakan berdasarkan Peraturan Otoritas Jasa Shareholders is carried out based on the Financial Services
Keuangan Nomor 32/POJK.04/2014 tentang Rencana dan Authority Regulation Number 32/POJK.04/014 concerning the
Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Plans and Organizing of General Meeting of Shareholders for
Terbuka sebagaimana telah diubah menjadi Peraturan Otoritas Public Company which have amended to Financial Services
Jasa Keuangan Nomor 10/POJK.04/2017. Authority Regulation Number 10/POJK.04/2017.
Pada pelaksanaan RUPS Tahunan, rapat dipimpin oleh Fachrul During the Annual General Meeting of Shareholders, the meeting
Razi selaku Komisaris Utama berdasarkan Berita Acara Rapat was chaired by Fachrul Razi as President Commissioner based on
Dewan Komisaris tanggal 18 Maret 2019. Pada RUPS Luar biasa, the Minutes of the Board of Commissioners ‘Meeting on March
rapat dipimpin oleh Zaelani selaku Komisaris berdasarkan Berita 18, 2019. At the Extraordinary General Meeting of Shareholders,
Acara Rapat Dewan Komisaris tanggal 29 November 2019. the meeting was chaired by Zaelani as Commissioner based on the
Pelaksanaan RUPS diawali dengan penyampaian pelaksanaan Minutes of the Board of Commissioners’ Meeting on November
RUPS mengacu pada tata tertib RUPS yang telah dibagikan 29, 2019. GMOS began with the submission implementation
kepada Pemegang Saham. Pimpinan Rapat memberikan of the GMOS refers to the rules of the GMOS that have been
kesempatan kepada Pemegang Saham dan/atau kuasanya distributed to all Shareholders. The Chairman of the Meeting
untuk mengajukan pertanyaan, tanggapan dan/atau usulan provides the opportunity for Shareholders and/or their proxies to
pada setiap mata acara rapat. Pimpinan Rapat atau Direktur submit questions, responses and/or proposals to each meeting
yang ditunjuk oleh Pimpinan Rapat menanggapi pertanyaan/ agenda. The Chairman of the Meeting or the Director appointed
catatan pemegang saham yang hadir. Setelah semua pertanyaan by the Chairman responds to the questions/records of the
dijawab dan ditanggapi selanjutnya dilakukan pemungutan shareholders present. After all questions have been answered and
suara dan hanya pemegang saham dan/atau kuasanya yang sah responded to, voting will be conducted and only shareholders
yang berhak untuk mengeluarkan suara. and/or their authorized attorneys are entitled to vote.
Tahapan Penyelenggaraan RUPS Tahun Buku 2018 dan RUPS Luar Biasa Tahun 2019
Stages of The Annual GMOS for Financial Year 2018 and Extraordinary GMOS Year 2019
RUPS Tahun Buku 2018 RUPS Luar Biasa Tahun 2019

Annual GMOS for Financial Year 2018 Extraordinary GMOS 2019
Pengumuman RUPS 18 Maret 2019 March 18, 2019 12 November 2019 November 12, 2019
Announcement of
Pengumuman RUPS telah disampaikan
GMOS melalui iklan di harian Bisnis Indonesia dan
Pengumuman RUPS-LB telah disampaikan
melalui iklan di harian Bisnis Indonesia, Situs
Kontan, Situs Bursa Efek Indonesia, Situs
Bursa Efek Indonesia, Situs Bursa Efek Australia
Pengumuman RUPS disampaikan Bursa Efek Australia dan Situs Perseroan serta
dan Situs Perseroan serta penyampaian ke OJK.
penyampaian ke OJK.
paling lambat 14 hari sebelum
tanggal pemanggilan RUPS Announcement of GMOS was made through
Announcement of Extraordinary GMOS was
Announcement of GMOS is made through advertisements in newspaper
advertisements in newspaper namely Bisnis
submitted no later than 14 days namely Bisnis Indonesia, the Indonesia Stock
Indonesia and Kontan, the Indonesia Stock
Exchange website, Australian Securities
prior to Invitation of GMOS Exchange website, Australian Securities
Exchange website, the Company’s website and
Exchange website, the Company’s website and
submission to the FSA.
submission to the FSA.
2 April 2019 April 2, 2019 27 November 2019 November 27, 2019
Pemanggilan RUPS Pemanggilan RUPS telah disampaikan Pemanggilan RUPS Luar Biasa telah
melalui iklan di harian Bisnis Indonesia dan disampaikan melalui iklan di harian Bisnis
Summon of GMOS Kontan, Situs Bursa Efek Indonesia, Situs Indonesia, Situs Bursa Efek Indonesia, Situs
Bursa Efek Australia dan Situs Perseroan serta Bursa Efek Australia dan Situs Perseroan serta
penyampaian ke OJK. penyampaian ke OJK.
Pemanggilan RUPS disampaikan
paling lambat 21 hari sebelum Summon of GMOS was made through Summon of Extraordinary GMOS was made
tanggal pelaksanaan RUPS advertisements in newspaper namely Bisnis through advertisements in newspaper namely
Summon of GMOS is submitted no Indonesia and Kontan, the Indonesia Stock Bisnis Indonesia, the Indonesia Stock Exchange
later than 21 days prior to GMOS Exchange website, Australian Securities website, Australian Securities Exchange
Exchange website, the Company’s website and website, the Company’s website and submission
submission to the FSA. to the FSA.
24 April 2019 April 24, 2019 19 Desember 2019 December 19, 2019
Pelaksanaan RUPS Tempat Location: Tempat Location:

Flores Ballroom Flores Ballroom
GMOS Hotel Borobudur Hotel Borobudur
Jl. Lapangan Banteng Selatan No. 1, Jakarta. Jl. Lapangan Banteng Selatan No. 1, Jakarta.
26 April 2019 April 26, 2019 20 Desember 2019 December 20,2019

Penyampaian
Ringkasan Risalah Penyampaian Ringkasan Risalah RUPS melalui Penyampaian Ringkasan Risalah RUPS Luar
Situs Perseroan pada tanggal 26 April 2019, Biasa melalui Situs Perseroan pada tanggal 20
RUPS dan melalui iklan di harian Bisnis Indonesia dan Desember 2019, dan melalui iklan di harian
Submission Summary Kontan, Situs Bursa Efek Indonesia, Situs Bursa Bisnis Indonesia, Situs Bursa Efek Indonesia,
Efek Australia serta penyampaian ke OJK pada Situs Bursa Efek Australia serta penyampaian
of GMOS tanggal 27 April 2019. ke OJK pada tanggal 23 Desember 2019.
Ringkasan Risalah RUPS Submission Summary of GMOS through Submission Summary of Extraordinary GMOS
Company’s Website on April 26, 2019 and through Company’s Website on December 20,
disampaikan paling lambat 2 hari
advertisements in newspaper namely Bisnis 2019 and advertisements in newspaper Bisnis
setelah tanggal pelaksanaan RUPS Indonesia and Kontan, Indonesia Stock Indonesia, Indonesia Stock Exchange website,
Summary of Minutes of Meeting of Exchange website, Australian Securities Australian Securities Exchange website, and
GMOS is submitted no later than 2 Exchange website, and submission to the FSA submission to the FSA on December 23, 2019.
days after GMOS on April 27, 2019.
24 Mei 2019 May 24, 2019 17 Januari 2020 January 17, 2020
Penyampaian Risalah/
Berita Acara RUPS Penyampaian Risalah/Berita Acara RUPS melalui Penyampaian Risalah/Berita Acara RUPS Luar
surat kepada OJK Nomor 2271/09/DCS/2019 Biasa melalui surat kepada OJK Nomor 213/09/
Submission Minutes of kepada BEI Nomor 2270/09/DCS/2019, dan DCS/2020, kepada BEI Nomor 212/09/DCS/2020,
GMOS kepada Kementerian BUMN Nomor 2289/09/
DAT/2019.
kepada BUMN Nomor 218/09/DAT/2020.
Through a letter to the FSA Number 213/09/

Risalah/Berita Acara RUPS Through a letter to the FSA Number 2231/09/ DCS/2020, to the BEI Number 212/09/DCS/2020,
disampaikan paling lambat 30 hari DCS/2017, to the BEI Number 2232/09/ to the Ministry of SOE Number 218/09/
DCS/2017, and to the Ministry of SOE Number DAT/2020.
setelah tanggal pelaksanaan RUPS
2289/09/DAT/2019.
Minutes of GMOS is submitted no
later than 30 days after GMOS
Ketentuan Kuorum Terms of Quorum

Kuorum kehadiran dan kuorum keputusan RUPS untuk mata A quorum for the attendance and resolution of GMOS on the
acara yang harus diputuskan dalam RUPS dilakukan dengan agenda to be resolved in the GMOS shall be made in accordance
mengikuti ketentuan berdasarkan Peraturan Otoritas Jasa with the provisions under the Regulation of the Financial Services
Keuangan dan Anggaran Dasar Perseroan. Authority and the Company’s Articles of Association.
RUPS Tahun Buku 2018 RUPS Luar Biasa Tahun 2019

Annual GMOS for Financial Extraordinary GMOS in 2019
Year 2018
18.460.697.764 17.128.948.706
Lembar Saham | Shares Lembar Saham | Shares
76,8210999% 71,2792493%
Kuorum kehadiran untuk RUPST Tahun Buku 2018 dan RUPS The quorum for attendance of the Annual GMOS for Financial
Luar Biasa Tahun 2019 telah terpenuhi dan Rapat adalah sah dan Year 2018 and Extraordinary GMOS in 2019 has been met and
dapat mengambil keputusan-keputusan yang sah dan mengikat the Meeting is valid and may take valid decisions which are
bagi para Pemegang Saham Perseroan untuk setiap Mata Acara binding on the Company’s Shareholders for each agenda for the
Rapat. GMOS.
Proses Penghitungan Suara Process of Vote Counting

Perhitungan suara dan prosedur pemungutan suara dalam The vote counting and voting procedures in the Annual GMOS
RUPS Tahunan Tahun Buku 2018 dan RUPS Luar Biasa Tahun for Financial Year 2018 and Extraordinary GMOS in 2019 are
2019 dijelaskan dalam Tata Tertib RUPS yang dibagikan kepada described in the GMOS rules which distributed to shareholders
Pemegang Saham dan dibacakan oleh Pimpinan Rapat sebelum and read by the Chairman of the Meeting before the GMOS
RUPS dimulai. Informasi mengenai Tata Tertib RUPS dipublikasikan commences. The information about the rules of the GMOS is
dalam situs Perseroan sebelum pelaksanaan RUPS. published on the Company’s website before the GMOS.
Adapun mekanisme pengambilan keputusan RUPS adalah The mechanism of taking resolutions in the GMOS are as follow:
sebagai berikut:
1. Keputusan Rapat diambil berdasarkan musyawarah untuk 1. All resolutions shall be adopted by deliberation for
mufakat. Dalam hal keputusan berdasarkan musyawarah consensus. If failing to adopting deliberation for consensus,
untuk mufakat tidak tercapai, maka keputusan diambil the resolution shall be adopted by voting/ballot, in
dengan pemungutan suara, sesuai dengan kuorum accordance with taking resolutions’ quorum as stipulated in
pengambilan keputusan yang diatur di dalam Anggaran the Company’s Articles of Association;
Dasar Perseroan; 2. The voting in each agenda of the Meeting is carried out
2. Pemungutan suara terhadap setiap mata acara Rapat with open polling, of which those who are willing to cast
dilakukan secara terbuka dengan prosedur mempersilahkan votes to DISAGREE and/or ABSTAIN, are permitted to raise
mereka yang TIDAK SETUJU dan/atau memberikan suara their hands and submit their completed voting cards to the
ABSTAIN untuk mengangkat tangan dan menyerahkan officers of the Meeting. Those who do not raise their hands
kartu suara yang telah diisi kepada petugas Rapat. Mereka shall be deemed to have cast the same votes as the majority
yang tidak mengangkat tangan, dianggap mengeluarkan Shareholders casting affirmative votes.
suara yang sama dengan suara mayoritas Pemegang Saham.
Perseroan telah menunjuk pihak independen dari Biro The Company has appointed an independent party from Security
Administrasi Efek dan Notaris untuk melakukan penghitungan Administrator Bureau and Notary to perform vote counting and/
suara dan/atau melakukan validasi. or validation.
Kehadiran Dewan Komisaris, Direksi, Lembaga & Attendance of The Board of Commissioners, the
Profesi Penunjang Pasar Modal Board of Directors, Capital Market Supporting
Institutions & Professions
Pelaksanaan RUPS Tahun Buku 2018 dan RUPS Luar Biasa Tahun The Annual GMOS for Financial Year 2018 and Extraordinary
2019 dihadiri oleh seluruh anggota Dewan Komisaris dan Direksi GMOS in 2019 was attended by all of the members of Board
yang menjabat sampai pada saat Rapat tersebut diselenggarakan of Commissioners and the Board of Directors who had served
dan dihadiri oleh Lembaga & Profesi Penunjang Pasar Modal. the Company until the meeting was held. The meeting was
also attended by the Capital Market Supporting Institution &
Professions.
Dewan Komisaris
The Board of Commissioners
Kehadiran dalam Kehadiran dalam
Nama Jabatan Keanggotaan pada Komite RUPS Tahunan RUPS Luar Biasa
Name Position Membership in Committee Attendance in Annual Attendance in
GMOS Extraordinary GMOS
Agus Surya Bakti1 Komisaris Utama Ketua Komite GCG-NR
President Commissioner Chairman of GCG-NR Committee
Gumilar Rusliwa Somantri Komisaris Independen Ketua Komite Audit
√ √
Independent Commissioner Chairman of Audit Committee
Wakil Ketua Komite GCG-NR
Anang Sri Kusuwardono2 Komisaris Independen Ketua Komite Manajemen Risiko
√ √
Independent Commissioner Vice Chairman of GCG-NR Committee
Chairman of Risk Management Committee
Zaelani Komisaris Wakil Ketua Komite Audit
√ √
Commissioner Vice Chairman of Audit Committee
Komisaris Wakil Ketua Komite GCG-NR
Dadan Kusdiana3 √
Commissioner Vice Chairman of GCG-NR Committee
Komisaris Wakil Ketua Komite Manajemen Risiko
Arif Baharudin3 √
Commissioner Vice Chairman of Risk Management Committee
Komisaris Utama Ketua Komite GCG-NR
Fachrul Razi4 √
President Commissioner Chairman of GCG-NR Committee
Komisaris Ketua Komite Manajemen Risiko
Robert A. Simanjuntak5 √
Commissioner Chairman of Risk Management Committee
1
Efektif diangkat tanggal 19 Desember 2019, diangkat sebagai Ketua Komite GCG-NR tanggal 26 Desember 2019
Appointed effectively on December 19, 2019, appointed as Chairman of GCG-NR Committee on December 26, 2019
2
Diangkat sebagai Wakil Ketua Komite GCG-NR tanggal 16 Mei 2017 sampai dengan 26 Maret 2019. Diangkat sebagai Ketua Komite Manajemen Risiko pada tanggal 27 Maret 2019
Appointed as Vice Chairman of GCG-NR Committee on December 26, 2019. Appointed as Chairman of Risk Management Committee on March 27, 2019
3
Efektif diangkat tanggal 24 April 2019 Appointed effectively on April 24, 2019
4
Berhenti sejak 23 Oktober 2019 Ceased since October 23, 2019
5
Habis masa jabatan sejak 26 Maret 2019 Expired term of office since March 26, 2019
Direksi
The Board of Directors
Kehadiran dalam
Nama Jabatan Kehadiran dalam RUPS Tahunan
RUPS Luar Biasa
Name Position Attendance in Annual GMOS
Attendance in Extraordinary GMOS
Direktur Utama
Dana Amin1
President Director
Hartono2 Direktur Operasi dan Produksi
√
Director of Operation and Production
Direktur Niaga
Aprilandi Hidayat Setia2 √
Director of Commerce
Luki Setiawan Suardi2 Direktur Sumber Daya Manusia
√
Director of Human Resources
Direktur Keuangan
Anton Herdianto1
Director of Finance
Direktur Pengembangan Usaha
Risono1
Director of Business Development
Direktur Utama
Arie Prabowo Ariotedjo3 √ √
President Director
Direksi
The Board of Directors
Kehadiran dalam
Nama Jabatan Kehadiran dalam RUPS Tahunan
RUPS Luar Biasa
Name Position Attendance in Annual GMOS
Attendance in Extraordinary GMOS
Dimas Wikan Direktur Keuangan

√ √
Pramudhito3 Finance Director
Sutrisno S. Tatetdagat3 √ √
Business Development Director
Direktur Pemasaran
Tatang Hendra4 √
Marketing Director
Direktur Human Capital dan CSR
Johan N.B. Nababan4 √
Human Capital & CSR Director
Direktur Operasi
Hari Widjajanto5 √
Operation Director
1
Efektif diangkat tanggal 19 Desember 2019 Appointed effectively on December 19, 2019,
2
3
Berhenti sejak 19 Desember 2019 Ceased since December 19, 2019
4
Berhenti sejak 24 April 2019 Ceased since April 24,2019
5
Kehadiran Lembaga & Profesi Penunjang Pasar Modal

Attendance of the Capital Market Supporting Institution and Professions
Pelaksanaan RUPS Biro Administrasi Efek Notaris Kantor Akuntan Publik

GMOS Event Securities Administration Agencies Notary Public Accounting Firm
RUPS Tahunan PT Datindo Entrycom Mala Mukti, S.H., L.L.M Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan
Annual GMOS Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partner
RUPS Luar Biasa PT Datindo Entrycom Jose Dima Satria, S.H., M.Kn Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan
Extraordinary GMOS Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partner
Hasil Keputusan RUPS Tahun Buku 2018 Resolution of GMOS of Financial Year 2018
Hingga Laporan Tahunan ini diterbitkan, seluruh keputusan RUPS Until this Annual Report is published, all resolution of the GMOS
Tahun Buku 2018, telah seluruhnya dilaksanakan. Penjelasan for Financial Year 2018 have been fully implemented. Description
atas setiap mata acara RUPS Tahun Buku 2018 tercantum dalam of each agenda of the GMOS for Financial Year 2018 is listed in
tabel di bawah ini. the table below.
Hasil RUPS Tahun Buku 2018

Resolution of Annual GMOS for Financial Year 2018
Mata Acara Rapat Pertama
The First Agenda of the Meeting
Mata Acara Agenda
Persetujuan Laporan Tahunan Perusahaan mengenai keadaan dan jalannya The approval of the Annual Report of the Company on the condition and
Perusahaan selama Tahun Buku 2018 termasuk Laporan Pelaksanaan activities of the Company during the Financial Year of 2018, including the
Tugas Pengawasan Dewan Komisaris selama Tahun Buku 2018 sekaligus Annual Supervisory Report of the Board of Commissioners during the Financial
pemberian pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig Year of 2018 and the ratification of the Audited Financial Statements of
acquit et de charge) kepada Direksi dan Dewan Komisaris Perusahaan the Company for the Financial Year of 2018, as well as the approval to fully
atas pengurusan dan pengawasan yang telah dijalankan selama Tahun Buku release and discharge (volledig acquit et de charge) the members of the Board
2018. of Directors and the Board of Commissioners of the Company from their
managerial and supervisory responsibilities in relation to the Company during
the Financial Year of 2018.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau Number of Shareholders who rendered queries and/or opinions
memberikan pendapat 4 (four) persons.
4 (empat) orang
Hasil Pemungutan Suara The Results of the Voting

Setuju 18.434.445.074 99,8577915% Agree 18,434,445,074 99.8577915%
Tidak setuju 0 0% Do not agree 0 0%
Abstain 26.252.690 0,1422085% Abstain 26,252,690 0.1422085%
Mata Acara Rapat Pertama

The First Agenda of the Meeting
Keputusan Mata Acara Rapat Pertama The Resolution of the First Agenda of the Meeting
1. Menyetujui Laporan Tahunan mengenai keadaan dan jalannya Perseroan 1. Approved the Annual Report on the condition and activities of the Company
selama Tahun Buku 2018 termasuk Laporan Pelaksanaan Tugas Pengawasan for the Financial Year of 2018 including the Annual Supervisory Report of
Dewan Komisaris selama Tahun Buku 2018. the Board of Commissioners for the Financial Year of 2018.
2. Mengesahkan Laporan Keuangan Konsolidasian Perseroan yang telah 2. Ratified the Consolidated Financial Statements of the Company which
diaudit oleh Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & has been audited by Public Accountant Firm Tanudiredja, Wibisana, Rintis
Rekan sebagaimana dimuat dalam Laporannya Nomor: 00220/2.1025/ & Rekan, as stated in the Report Number : 00220/2.1025/AU.1/02/1130-
AU.1/02/1130-2/1/III/2019 tanggal 5 Maret 2019 atas laporan keuangan 2/1/III/2019 dated March 5, 2019 with the following opinion “Fair in all
Tahun Buku 2018, dengan opini, “Wajar, dalam semua hal yang material respects, the consolidated financial position of PT Aneka
material, posisi keuangan konsolidasian PT Aneka Tambang Tbk Tambang Tbk and subsidiaries as at 31 December 2018, and their
dan entitas anak tanggal 31 Desember 2018, serta kinerja keuangan consolidated financial performance and cash flows for the year
dan arus kas konsolidasiannya untuk tahun yang berakhir pada then ended, in accordance with the Indonesian Financial Accounting
tanggal tersebut, sesuai dengan Standar Akuntansi Keuangan di Standards”, and granted the full discharge and release (volledig acquit
Indonesia”, sekaligus memberikan pelunasan dan pembebasan tanggung et de charge) to the Board of Directors and the Board of Commissioners
jawab sepenuhnya (volledig acquit et de charge) kepada Direksi dan Dewan for their actions for and supervision of the Company for the Financial Year
Komisaris atas tindakan pengurusan dan pengawasan Perseroan yang telah of 2018, in so far as the aforementioned actions and supervision do not
dijalankan selama Tahun Buku 2018, sepanjang tindakan tersebut tercatat constitute a criminal act or violates the prevailing regulation(s) and legal
pada Laporan Keuangan Konsolidasian Perseroan dan tidak bertentangan procedures, and as long as recorded in the Financial Statements of the
dengan peraturan perundang-undangan serta bukan merupakan tindak Company and are not in contradiction with the regulations.
pidana atau melanggar ketentuan dan prosedur hukum yang berlaku.
Tindak Lanjut Follow Up
Keputusan Langsung Berlaku The Resolution Immediately took effect
Mata Acara Rapat Kedua

The Second Agenda of the Meeting
Mata Acara Agenda
Pengesahan Laporan Tahunan Program Kemitraan dan Program Bina The approval of the Annual Report of the Partnership Program and the
Lingkungan Tahun Buku 2018 sekaligus pemberian pelunasan dan pembebasan Community Development Program during the Financial Year of 2018 and
tanggung jawab sepenuhnya (volledig acquit et de charge) kepada Direksi dan the approval to fully release and discharge (volledig acquit et de charge) the
Dewan Komisaris Perusahaan atas pengurusan dan pengawasan Program members of the Board of Directors and the Board of Commissioners from
Kemitraan dan Program Bina Lingkungan yang telah dijalankan selama Tahun their managerial and supervisory responsibilities in relation to the Partnership
Buku 2018. Program and the Community Development Program during the Financial Year
of 2018.
memberikan pendapat 1 (one) person by submitting the opinion in writing.
1 (satu) orang dengan menyampaikan secara tertulis.

Setuju 18.434.445.074 99,8577915% Agree 18,434,445,074 99.8577915%
Abstain 26.252.690 0,1422085% Abstain 26,252,690 0.1422085%
Keputusan Mata Acara Rapat Kedua The Resolution of the Second Agenda of the Meeting
Mengesahkan Laporan Tahunan termasuk Laporan Keuangan Program Ratified the Annual Report including the Financial Report, of the Partnership
Kemitraan dan Program Bina Lingkungan Tahun Buku 2018 yang berakhir and Community Development Program for the date ended on December
pada tanggal 31 Desember 2018 yang diaudit oleh Kantor Akuntan Publik 31, 2018, which was audited by the Public Accountant Firm Tanudiredja,
Tanudiredja, Wibisana, Rintis & Rekan, sebagaimana dimuat dalam laporannya Wibisana, Rintis & Rekan, as stated in the Report Number 00213/2.1025/
Nomor 00213/2.1025/AU.2/02/1130-2/1/III/2019 tanggal 4 Maret 2019 AU.2/02/1130-2/1/III/2019 dated March 4, 2019 with the following opinion
dengan pendapat “Wajar, dalam semua hal yang material, posisi “Fair, in all material aspects, the financial position of the Partnership
keuangan Unit Program Kemitraan dan Bina Lingkungan PT Aneka and Community Development Unit of PT Aneka Tambang Tbk as of
Tambang Tbk pada tanggal 31 Desember 2018, serta aktivitas dan arus December 31st, 2018, and their financial activity and their cash flows
kasnya untuk tahun yang berakhir pada tanggal tersebut sesuai dengan for the year then ended, in accordance with the Financial Accounting
Standar Akuntansi Keuangan Entitas Tanpa Akuntabilitas Publik di Standards for Entities Without Public Accountability in Indonesia”, and
Indonesia”, serta memberikan pelunasan dan pembebasan tanggung granted the full discharge and release (volledig acquit et de charge) to the
jawab sepenuhnya (volledig acquit et de charge) kepada Direksi dan Dewan Board of Directors and the Board of Commissioners for their actions for and
Komisaris atas tindakan pengurusan dan pengawasan Program Kemitraan dan supervision of, the Partnership and Community Development Programs for the
Bina Lingkungan yang telah dijalankan selama Tahun Buku 2018, sepanjang Financial Year of 2018, in so far as the aforementioned actions and supervision
tindakan tersebut tercatat pada Laporan Tahunan Program Kemitraan dan Bina do not constitute a criminal act and/or violates the prevailing regulation(s)
Lingkungan Perseroan dan tidak bertentangan dengan peraturan perundang- and legal procedures, and as long as recorded in the Annual Report of the
undangan serta bukan merupakan tindak pidana atau melanggar ketentuan Partnership and Community Development Programs of the Company and are
dan prosedur hukum yang berlaku. not in contradiction with the regulations.
Mata Acara Rapat Ketiga

The Third Agenda of The Meeting
Mata Acara Agenda
Penetapan penggunaan laba bersih termasuk pembagian dividen untuk Tahun The appropriation of the profit, including the distribution of dividend for the
Buku 2018. Financial Year of 2018.
memberikan pendapat 1 (one) person.
1 (satu) orang

Setuju 18.460.697.764 100% Agree 18,460,697,764 100%
Abstain 0 0% Abstain 0 0%
Keputusan Mata Acara Rapat Ketiga The Resolution of the Third Agenda of the Meeting
1. Menyetujui penetapan penggunaan laba bersih Tahun Buku 2018 yang 1. Approved the appropriation for the distribution of the net profit for the
dapat diatribusikan kepada Pemilik Entitas Induk Perseroan sebesar Financial Year of 2018, attributable to the Owner of the Parent of the
Rp874.425.030.306,00 (delapan ratus tujuh puluh empat miliar empat Company, in the amount of Rp874,425,030,306.00 (eight hundred seventy
ratus dua puluh lima juta tiga puluh ribu tiga ratus enam Rupiah) sebagai four billion, four hundred twenty five million, thirty thousand, three hundred
berikut: six Rupiah) as follows:
a. Dividen sebesar 35% (tiga puluh lima persen) atau Rp306.048.760.607,00 a. Dividend in the amount of 35% (thirty five percent) equal to
(tiga ratus enam miliar empat puluh delapan juta tujuh ratus enam puluh Rp306,048,760,607.00 (three hundred six billion, forty eight million,
ribu enam ratus tujuh Rupiah), dengan rincian sebagai berikut: seven hundred sixty thousand, six hundred seven Rupiah), with the
i. Pemerintah Republik Indonesia sebesar 1 (satu) lembar saham atau details as follows:
senilai Rp12,74 (dua belas koma tujuh empat Rupiah); i. The portion of the Government of the Republic of Indonesia in the
ii. PT Indonesia Asahan Aluminium (Persero) sebesar 65% (enam puluh amount of 1 (one) share or equal to Rp12.74 (twelve point seventy
lima persen) atau Rp198.931.731.682,00 (seratus sembilan puluh four Rupiah);
delapan miliar sembilan ratus tiga puluh satu juta tujuh ratus tiga ii. The portion of PT Indonesia Asahan Aluminium (Persero) amounting
puluh satu ribu enam ratus delapan puluh dua Rupiah); dan to 65% (sixty five percent) or equal to Rp198,931,731,682.00 (one
iii. Publik sebesar 35% (tiga puluh lima persen) atau hundred ninety eight billion, nine hundred thirty one million, seven
Rp107.117.028.926,00 (seratus tujuh miliar seratus tujuh belas juta hundred thirty one thousand, six hundred eighty two Rupiah); and
dua puluh delapan ribu sembilan ratus dua puluh enam Rupiah); serta iii. The portion of public in the amount of 35% (thirty five percent) or
b. Sisanya sebesar 65% (enam puluh lima persen) atau equal to Rp107,117,028,926.00 (one hundred seven billion, one
Rp568.376.269.699,00 (lima ratus enam puluh delapan miliar tiga ratus hundred seventeen million, twenty eight thousand, nine hundred
tujuh puluh enam juta dua ratus enam puluh sembilan ribu enam ratus twenty six Rupiah); also
sembilan puluh sembilan Rupiah) dicatat sebagai saldo laba. b. The rest of 65% (sixty percent) or amounting to Rp568,376,269,699.00
2. Memberikan wewenang dan kuasa kepada Direksi Perseroan dengan hak (five hundred sixty eight billion, three hundred seventy six million, two
substitusi untuk menetapkan jadwal dan tata cara pembayaran dividen hundred sixty nine thousand, six hundred ninety nine Rupiah) will be
Tahun Buku 2018 sesuai dengan ketentuan yang berlaku. recorded as retained earnings.
2. Granted the authority and power to the Board of Directors of the Company
with the right of substitution to determine the schedule, terms and
conditions of the payment of dividend of the Financial Year of 2018, in
accordance with the prevailing laws and regulations.
Tata Cara Pembayaran Dividen Tunai Tahun Buku 2018 tercantum pada Terms of cash dividend for financial year 2018 has been published on the
Ringkasan Hasil Keputusan RUPS Tahun Buku 2018 yang dipublikasikan melalui Summary of Minutes of Meeting Annual GMOS for Financial Year 2018
Web Perseroan, Situs Web Bursa Efek Indonesia, Situs Web Bursa Efek Australia through Company’s Website, Indonesia Stock Exchange website, Australian
serta Otoritas Jasa Keuangan pada tanggal 26 April 2019, dan melalui iklan di Securities Exchange website, and submission to the FSA on April 26, 2019
harian Bisnis Indonesia dan Kontan pada tanggal 27 April 2019. and advertisements in newspaper namely Bisnis Indonesia and Kontan on April
27, 2019.
Pembayaran dividen dari laba tahun buku 2018 telah dilakukan pada tanggal Dividend payments from fiscal year 2018 earnings has been distributed on
24 Mei 2019. May 24, 2019.
Mata Acara Rapat Keempat

The Fourth Agenda of The Meeting
Mata Acara Agenda
Penetapan tantiem untuk anggota Direksi dan Dewan Komisaris Perusahaan The determination of the tantiem for the performance of the members of
Tahun Buku 2018 dan gaji/honorarium berikut fasilitas dan tunjangan Tahun the Board of Directors and the Board of Commissioners of the Company for
Buku 2019. the Financial Year of 2018 and their respective salaries/honorarium including
facilities and allowances for the Financial Year of 2019.
memberikan pendapat None
Tidak Ada
Mata Acara Rapat Keempat

The Fourth Agenda of The Meeting

Setuju 18.381.788.064 99,5725530% Agree 18,381,788,064 99.5725530%
Tidak setuju 5.551.400 0,0300715% Do not agree 5,551,400 0.0300715%
Abstain 73.358.300 0,3973756% Abstain 73,358,300 0.3973756%
Keputusan Mata Acara Rapat Keempat The Resolution of the Fourth Agenda of the Meeting
1. Memberikan wewenang dan kuasa kepada Pemegang Saham Seri A 1. Granted the authority and power to the Series A Dwiwarna Shareholder
Dwiwarna untuk menetapkan besarnya tantiem untuk Tahun Buku 2018 to determine the amount of performance incentives for the Financial Year
serta menetapkan honorarium, tunjangan, fasilitas dan insentif lainnya bagi of 2018 and determine the honorarium, allowances, facilities and other
anggota Dewan Komisaris untuk tahun 2019; incentives for the members of the Board of Commissioners for year 2019;
2. Memberikan wewenang dan kuasa kepada Dewan Komisaris dengan 2. Granted the authority and power to the Board of Commissioners
terlebih dahulu mendapatkan persetujuan tertulis dari Pemegang Saham upon obtaining the prior written approval from the Series A Dwiwarna
Seri A Dwiwarna untuk menetapkan besarnya tantiem untuk Tahun Buku Shareholder, to determine the amount of performance incentives for the
2018 serta menetapkan gaji, tunjangan, fasilitas dan insentif lainnya bagi Financial Year of 2018 and determine the salary, allowances, facilities and
Direksi untuk tahun 2019. other incentives for the members of the Board of Directors for year 2019.
Persetujuan Pemegang Saham Seri A Dwiwarna melalui surat Nomor Approval of the Minister of State Owned Enterprises as the Shareholder of
S-462/MBU/D3/05/2019 tanggal 31 Mei 2019 perihal Penyampaian Penetapan Series A Dwiwarna through letter Number S-462/MBU/D3/05/2019 dated
Penghasilan Direksi dan Dewan Komisaris Holding Industri Pertambangan May 31, 2019 regarding the stipulation of the Remuneration of The Board of
Tahun 2019. Directors 2019.
Mata Acara Rapat Kelima

The Fifth Agenda of the Meeting
Mata Acara Agenda
Persetujuan Penunjukan Kantor Akuntan Publik untuk mengaudit Laporan The approval for the appointment of Public Accountant Firm to carry out the
Keuangan Perusahaan Tahun Buku 2019 dan Laporan Keuangan Program audit of the Financial Statements of the Company for the Financial Year of 2019
Kemitraan dan Bina Lingkungan Tahun Buku 2019. and the Financial Statements of the Partnership Program and the Community
Development Program for the Financial Year of 2019.
Tidak Ada

Setuju 18.262.569.193 98,9267547% Agree 18,262,569,193 98.9267547%
Keputusan Mata Acara Rapat Kelima The Resolution of the Fifth Agenda of the Meeting
1. Menyetujui penunjukan Kantor Akuntan Publik Tanudiredja, Wibisana, 1. Approved Public Accountant of the Public Accountant Firm Tanudiredja,
Rintis & Rekan (firma anggota jaringan global PricewaterhouseCoopers Wibisana, Rintis & Rekan (member firm of the PricewaterhouseCoopers
di Indonesia) untuk melaksanakan Audit Umum atas Laporan Keuangan global networks in Indonesia) to carry out the General Audit on the
Konsolidasian Perseroan Tahun Buku 2019 dan periode lainnya dalam Tahun Consolidated Financial Statements of the Company for the Financial Year of
Buku 2019, Laporan Keuangan Standalone, melaksanakan audit umum 2019 and other period in the Financial Year of 2019, Standalone Financial
atas laporan keuangan PKBL Tahun Buku 2019, serta Laporan Hasil Evaluasi Statements, carry out the general audit on the Financial Statements of the
Kinerja Perseroan Tahun Buku 2019; Partnership and Community Development Programs for the Financial Year
2. Melimpahkan wewenang kepada Dewan Komisaris untuk: 2019, also the Performance Evaluation Statement of the Company for the
a. Menunjuk Akuntan Publik pada Kantor Akuntan Publik yang telah Financial Year of 2019.
ditetapkan dalam Rapat ini, dikarenakan penunjukan Akuntan Publik 2. Granted the authority and power to the Board of Commissioners to:
perlu disesuaikan dengan hasil evaluasi, serta sepanjang penunjukan a. Appoint the Public Accountant in a Public Accountant Firm selected in
dilakukan dengan tunduk pada kriteria Akuntan Publik yang ditetapkan this Meeting, because of the appointment of the Public Accountant need
dalam kebijakan Perseroan; to be adjusted with the evaluation result, and as long as the appointment
b. Menetapkan Akuntan Publik dan/atau Kantor Akuntan Publik Pengganti was made in accordance with the Public Accountant criteria as stipulated
apabila Kantor Akuntan Publik yang telah ditunjuk tidak dapat in the Company’s policy;
melanjutkan atau melaksanakan tugas karena sebab apapun berdasarkan b. Appoint the substitute Public Accountant and/or a substitute Public
ketentuan dan peraturan pasar modal; dan Accountant Firm should the selected Public Accountant Firm be unable
c. Menetapkan kondisi, persyaratan penunjukan, dan honorarium Kantor to continue or complete its works due to any reason whatsoever based
Akuntan Publik Pengganti. on the capital market provisions and laws/regulations;
c. Determine the appointment terms and conditions, and honorarium of
the substitute Public Accountant Firm.
Mata Acara Rapat Kelima

The Fifth Agenda of the Meeting
Keputusan langsung berlaku. Penetapan Akuntan Publik dari Kantor The Resolution Immediately took effect. The Stipulation of Public Accountant
Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan yaitu Bapak Jumadi, from Public Accountant Firm Tanudiredja, Wibisana, Rintis & Rekan was
berdasarkan Surat Dewan Komisaris Nomor 272/DK/SRT/V/2019/Rhs tanggal Mr. Jumadi, based on the BOC’s Letter Number 272/DK/SRT/V/2019/Rhs dated
20 Mei 2019. on May 20, 2019.
Audit Umum atas Laporan Keuangan Konsolidasian Perseroan Tahun Buku General Audit of the Company’s Consolidated Financial Statements for
2019 telah diterbitkan KAP Tanudiredja, Wibisana, Rintis & Rekan pada tanggal Financial Year 2019 have been issued KAP Tanudiredja, Wibisana, Rintis &
5 Maret 2019. Adapun audit umum atas laporan keuangan PKBL Tahun Buku Partner on March 5, 2019. As for general audit of PKBL financial statements
2019 diterbitkan KAP Tanudiredja, Wibisana, Rintis & Rekan pada tanggal 4 2019 issued by KAP Tanudiredja, Wibisana, Rintis & Partner on March 4, 2019.
Maret 2019.
Mata Acara Rapat Keenam

The Sixth Agenda of the Meeting
Mata Acara Agenda
Persetujuan Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum. The approval of the Report for the Realization of the Utilization of the Rights
Issue Proceeds.
Tidak Ada

Setuju 18.457.527.171 99,9828252% Agree 18,457,527,171 99.9828252%
Keputusan Mata Acara Rapat Keenam The Resolution of the Sixth Agenda of the Meeting
Mengesahkan Laporan Realisasi Penggunaan Dana Penyertaan Modal Negara Ratified the Realization Report on the Utilization of the Additional Capital
(PMN) Perseroan. Participation of the State in the Company.
Mata Acara Rapat Ketujuh

The Seventh Agenda of the Meeting
Mata Acara Agenda
Persetujuan pelaksanaan ketentuan Bab IV A Peraturan Menteri Badan The approval on the implementation of the provisions stipulated under Chapter
Usaha Milik Negara (“Permen BUMN”) Nomor PER-02/MBU/7/2017 IV A of the Regulations of the Minister of State-Owned Enterprises Number
tentang Perubahan Kedua Atas Permen BUMN Nomor PER-09/MBU/07/2015 PER-02/MBU/7/2017 on the second amendment of the Regulation of the
tentang Program Kemitraan dan Program Bina Lingkungan BUMN. Minister of State-Owned Enterprises Number PER-09/MBU/07/2015 on the
Partnership Program and the Community Development Program for the State
Owned Enterprise.
Tidak Ada

Setuju 17.310.459.118 93,7692569% Agree 17,310,459,118 93.7692569%
Tidak setuju 1.150.238.646 6,2307431% Do not agree 1,150,238,646 6.2307431%
Mata Acara Rapat Ketujuh

The Seventh Agenda of the Meeting
Keputusan Mata Acara Rapat Ketujuh The Resolution of the Seventh Agenda of the Meeting
1. Menyetujui rencana Perseroan untuk melakukan penyaluran dana Program 1. Approved the Company’s plan to distribute the funds of the Partnership
Kemitraan dengan skema Dana Sinergi BUMN yang dianggarkan pada RKA Program under a scheme of State-Owned Enterprises Synergy Funds as
PKBL 2019, yang dilakukan dengan cara memberikan pinjaman tanpa bunga budgeted in the Work and Budget Plan of Partnership and Community
dan/atau hibah dana Program Kemitraan kepada BUMN di bidang jasa Development Programs of 2019, which will be made by providing loans
keuangan yang khusus didirikan untuk pengembangan dan pemberdayaan without interest and/or granting the funds of the Partnership Program to
perekonomian rakyat yang selanjutnya disebut BUMN Khusus, untuk the State-Owned Enterprises engaged in the financial services sector that
melakukan pinjaman permodalan dan/atau pembinaan kepada usaha mikro are established especially for the development and empowerment of the
dan kecil, dengan memperhatikan ketentuan peraturan perundangan yang people’s economy hereinafter referred to “Special SOE”, to provide capital
berlaku. loans and/or guidance to micro and small enterprises, with due observance
2. Memberikan kuasa kepada Dewan Komisaris dengan terlebih dahulu to the prevailing laws;
mendapat persetujuan tertulis dari Pemegang Saham Seri A Dwiwarna 2. Granted the authority to the Board of Commissioners upon obtaining the
terkait kewenangan RUPS sebagaimana diatur dalam Peraturan Menteri prior written approval from the A-Series Dwiwarna Shareholder regarding
BUMN Nomor: PER-09/MBU/07/2015 sebagaimana diubah terakhir dengan the authority of the General Meeting of Shareholders stipulated under the
Peraturan Menteri BUMN Nomor: PER-02/MBU/7/2017 dan perubahan- Regulations of the Minister of State-Owned Enterprises Number: PER-09/
perubahannya. MBU/07/2015 as lastly amended with the Regulation of the Minister of State-
Owned Enterprises Number: PER-02/MBU/7/2017 and their amendments.
Dana Program Kemitraan telah disalurkan melalui PT Permodalan Nasional Partnership Program Funds have been channeled through PT Permodalan
Madani (Persero) dengan mekanisme sinergi BUMN Biasa (bukan hibah dan Nasional Madani (Persero) with the synergy mechanism of Ordinary BUMN (not
bukan pinjaman tanpa bunga), sebesar Rp8.250.000.000. grants and not loans without interest), amounting to Rp8,250,000,000.

Mata Acara Rapat Kedelapan
The Eighth Agenda of the Meeting
Mata Acara Agenda
Persetujuan Pergantian Susunan Pengurus Perusahaan dan Penyeragaman The approval for the change to the Members of the Boards of the Company
Nomenklatur Jabatan. and uniformity of the Board of the Company’s tittle nomenclatures.
Tidak Ada

Setuju 17.151.579.124 92,9086178% Agree 17,151,579,124 92.9086178%
Abstain 73.358.300 0,3973756% Abstain 73,358,300 0.3973756%
Keputusan Mata Acara Rapat Kedelapan The Resolution of the Eighth Agenda of the Meeting
1. Mengukuhkan pemberhentian dengan hormat nama-nama sebagai berikut: 1. Ratified the honorable dismissal of those whose names are mentioned
a. Tuan Bambang Gatot Ariyono sebagai Komisaris Perseroan, terhitung below:
sejak tanggal 26 Agustus 2018; a. Mr. Bambang Gatot Ariyono as Commissioner of the Company, effective
b. Tuan Robert A. Simanjuntak sebagai Komisaris Perseroan terhitung sejak as of August 26, 2018;
tanggal 26 Maret 2019; b. Mr. Robert A. Simanjuntak as Commissioner of the Company, effective as
of March 26, 2019;
dengan ucapan terima kasih atas pengabdian dan pemikiran yang diberikan with gratitude for their respective dedication and contribution during their
selama menjabat sebagai Komisaris Perseroan. term of office as Commissioners of the Company.
2. Menyetujui penyeragaman nomenklatur jabatan yaitu perubahan 2. Approved the standardization of the structure of the position of the
nomenklatur jabatan Direksi dalam rangka penyelarasan dan efektivitas management, by amending the structure of the position of the Board of
koordinasi yang dilakukan di internal Holding Industri Pertambangan Directors in the aim of standardizing and for the effectiveness of internal
(“HIP”), di mana Perseroan merupakan salah satu anggota HIP, sehingga coordination within Mining Industry Holding (“MIH”), of which the
usulan nomenklatur jabatan Direksi Perseroan menjadi sebagai berikut: Company is one of its’ members, as such the proposal on the structure of
the position of the Board of Directors of the Company shall be as follows:
Nomenklatur saat ini Menjadi

No.
Previous title nomenclatures Title nomenclatures after uniformity
1 Direktur Utama/President Director Direktur Utama/President Director
2 Direktur Keuangan/Director of Finance Direktur Keuangan/Director of Finance
3 Direktur Operasi/Director of Operation Direktur Operasi dan Produksi/Director of Operation and Production
4 Direktur Pengembangan/Director of Development Direktur Pengembangan Usaha/Director of Business Development
5 Direktur Pemasaran/Director of Marketing Direktur Niaga/Director of Commerce
6 Direktur Human Capital & CSR/Director of Human Capital & CSR Direktur Sumber Daya Manusia/Director of Human Resources
Mata Acara Rapat Kedelapan

The Eighth Agenda of the Meeting
3. Mengalihkan tugas Tuan Ir. Sutrisno Saidi Tatetdagat, M.M. dari Direktur 3. Re-assigned of Mr. Ir. Sutrisno Saidi Tatetdagat, M.M., from the position of
Pengembangan menjadi Direktur Pengembangan Usaha; Director of Development to become the Director of Business Development.
4. Memberhentikan dengan hormat dari jabatannya nama-nama sebagai 4. Honorably dismissed from their respective positions for the following names:
berikut: a. Mr. Ir. Hari Widjajanto, M.M, as Director of Operation of the Company;
a. Tuan Ir. Hari Widjajanto, M.M, sebagai Direktur Operasi; b. Mr. Johan N.B. Nababan, S.E., as Director of Human Capital & CSR;
b. Tuan Johan N.B. Nababan, S.E., sebagai Direktur Human Capital & CSR; c. Mr. Tatang Hendra as Director of Marketing;
c. Tuan Tatang Hendra sebagai Direktur Pemasaran; effective as of the closure of this Meeting and therefore ceased to
terhitung sejak ditutupnya Rapat dan berakhir pada penutupan Rapat assume their position on the closure of the Meeting with gratitude for
dengan ucapan terima kasih atas pengabdian dan pemikiran yang diberikan their respective dedication and contribution during their term of office as
selama menjabat sebagai Direktur Perseroan. Directors of the Company.
Sebagai informasi, sesuai peraturan yang berlaku di bidang pasar modal Please let us inform you, that in compliance with the prevailing capital
dan Anggaran Dasar Perseroan yang berlaku, Tuan Ir. Hari Widjajanto, M.M. market laws and regulations and the Articles of Association of the Company,
telah berakhir masa jabatannya sejak tanggal 26 Maret 2019. the term of office of Mr. Ir. Hari Widjajanto, M.M. has expired since March
26, 2019.
5. Menyetujui perubahan susunan pengurus Perseroan, dengan memperhatikan 5. Approved the change to the Members of the Boards of the Company, with
Anggaran Dasar Perseroan dan peraturan perundang-undangan yang due observance to the Articles of Association of the Company and the
berlaku serta Surat Kuasa Khusus Nomor SKK-14/MBU/5/2018 tanggal prevailing laws and regulation as well as Special Power of Attorney Number
31 Mei 2018 yang memberikan kuasa khusus untuk PT INALUM (Persero) SKK-14/MBU/5/2018 dated May 31, 2018, which grants the special power
melakukan tindakan-tindakan yang menjadi kewenangan dan/atau hak to PT INALUM (Persero) to take actions that are the authority and/or the right
Pemegang Saham Seri A Dwiwarna antara lain Hak Menyetujui dalam RUPS of the Dwiwarna A-Series Shareholder, among others, the right to approve
mengenai Persetujuan Pengangkatan anggota Direksi dan anggota Dewan in the General Meeting of Shareholders with regard to the approval for the
Komisaris, maka Rapat menyetujui pengangkatan nama-nama di bawah ini appointment of members of the Board of Directors and members of the
sebagai berikut: Board of Commissioners, therefore the Meeting approved the appointment
a. Dewan Komisaris of those whose names are as mentioned below:
- Tuan Dadan Kusdiana sebagai Komisaris; a. The Board of Commissioners:
- Tuan Arif Baharudin sebagai Komisaris; - Mr. Dadan Kusdiana as Commissioner;
b. Direksi - Mr. Arif Baharudin as Commissioner;
- Tuan Hartono sebagai Direktur Operasi dan Produksi; b. The Board of Directors:
- Tuan Aprilandi Hidayat Setia sebagai Direktur Niaga; - Mr. Hartono as Director of Operation and Production;
- Tuan Luki Setiawan Suardi sebagai Direktur Sumber Daya Manusia. - Mr. Aprilandi Hidayat Setia as Director of Commerce;
dengan masa jabatan terhitung sejak ditutupnya Rapat dan berakhir - Mr. Luki Setiawan Suardi as Director of Human Resources.
pada penutupan RUPS Tahunan yang ke-5 (lima), tanpa mengurangi hak which term of office commences from the closure of this Meeting
RUPS untuk memberhentikan sewaktu-waktu. and ending on the closure of the Fifth Annual General Meeting of
Shareholders, without prejudice to the right of the General Meeting of
Shareholders to dismiss any of such members at any time.
6. Dengan pemberhentian dan pengangkatan sebagaimana dimaksud angka 6. Upon the dismissal and appointment as stated in point 1 to 5 mentioned
1 sampai 5 tersebut di atas, maka Rapat menyetujui susunan pengurus above, the Meeting therefore approved the members of the management
Perseroan menjadi sebagai berikut: Board of the Company to the as follows:
a. Dewan Komisaris a. The Board of Commissioners
- Tuan Fachrul Razi, sebagai Komisaris Utama; - Mr. Fachrul Razi, as President Commissioner;
- Tuan Gumilar Rusliwa Somantri sebagai Komisaris Independen; - Mr. Gumilar Rusliwa Somantri as Independent Commissioner;
- Tuan Anang Sri Kusuwardono sebagai Komisaris Independen; - Mr. Anang Sri Kusuwardono sebagai Independent Commissioner;
- Tuan Zaelani, S.E. sebagai Komisaris; - Mr. Zaelani, S.E. as Commissioner;
- Tuan Dadan Kusdiana sebagai Komisaris; - Mr. Dadan Kusdiana as Commissioner;
- Tuan Arif Baharudin sebagai Komisaris; - Mr. Arif Baharudin as Commissioner;
b. Direksi: b. The Board of Directors
- Tuan Arie Prabowo Ariotedjo, M.Sc. sebagai Direktur Utama; - Mr. Arie Prabowo Ariotedjo, M.Sc. as President Director;
- Tuan Dimas Wikan Pramudhito sebagai Direktur Keuangan; - Mr. Dimas Wikan Pramudhito Director of Finance;
- Tuan Hartono sebagai Direktur Operasi dan Produksi; - Mr. Hartono as Director of Operation and Production;
- Tuan Ir. Sutrisno Saidi Tatetdagat, M.M. sebagai Direktur - Mr. Ir. Sutrisno Saidi Tatetdagat, M.M. as Director of Business
Pengembangan Usaha; Development;
- Tuan Aprilandi Hidayat Setia sebagai Direktur Niaga; - Mr. Aprilandi Hidayat Setia as Director of Commerce;
- Tuan Luki Setiawan Suardi sebagai Direktur Sumber Daya Manusia. - Mr. Luki Setiawan Suardi as Director of Human Resources.
7. Menyetujui bahwa bagi anggota Direksi dan Dewan Komisaris yang 7. For members of the Board of Directors and Board of Commissioners
diangkat sebagaimana dimaksud pada angka 5 tersebut di atas yang appointed as referred to in point 5 mentioned above, who still assume/
masih menjabat pada jabatan lain yang dilarang berdasarkan Peraturan hold any other position prohibited by the prevailing laws and regulations to
Perundang-undangan untuk dirangkap dengan jabatan anggota Direksi dan be duplicated with the position as a member of the Board of Directors and
Dewan Komisaris ini, maka yang bersangkutan harus mengundurkan diri Board of Commissioners stated herein, the respective person shall render his
dari jabatannya tersebut. retirement from the mentioned position.
8. Memberikan kuasa dengan hak substitusi kepada Direksi Perseroan untuk 8. Granted the power with right of substitution to the Board of Directors of
menyatakan segala sesuatu yang diputuskan Rapat dalam bentuk akta the Company to restate the resolutions of the Meeting in a notarial deed
Notaris serta menghadap Notaris atau pejabat yang berwenang, dan and to appear before the Notary or the relevant authorities, and to make
melakukan penyesuaian atau perbaikan-perbaikan yang diperlukan apabila necessary adjustments or alterations as required by the relevant authorities
dipersyaratkan oleh pihak yang berwenang untuk keperluan pelaksanaan isi to effectuate the resolutions of the Meeting.
keputusan Rapat.
Hasil Keputusan RUPS Luar Biasa Tahun 2019 Resolution of Extraordinary GMOS 2019
Hingga Laporan Tahunan ini diterbitkan, seluruh keputusan Until this Annual Report is published, all resolution of the
RUPS Luar Biasa Tahun 2019, telah seluruhnya dilaksanakan. Extraordinary GMOS 2019 have been fully implemented.
Penjelasan atas setiap mata acara RUPS Luar Biasa Tahun 2019 Description of each agenda of the Extraordinary GMOS 2019 is
tercantum dalam tabel di bawah ini: listed in the table below:
Hasil RUPS Luar Biasa Tahun 2019

Resolution of Extraordinary GMOS 2019
Mata Acara Rapat
The Agenda of the Meeting
Mata Acara Agenda
Perubahan Susunan Pengurus Perseroan The approval for the change to the Members of the Boards of the Company
memberikan pendapat 1 (one) Person
1 (satu) orang

Setuju 15.809.864.140 92,2990921% Agree 15,809,864,140 92.2990921%
Keputusan Mata Acara Rapat The Resolution of the Agenda of the Meeting
1. Mengukuhkan pemberhentian dengan hormat Bapak Jenderal TNI (Purn.) 1. Ratified the honorable dismissal of Mr. General TNI (Ret.) Fachrul Razi as
Fachrul Razi sebagai Komisaris Utama Perseroan terhitung efektif sejak President Commissioner of the Company, effective as of October 23, 2019,
tanggal 23 Oktober 2019, dengan ucapan terima kasih atas pengabdian with gratitude for their respective dedication and contribution during their
dan pemikiran yang diberikan selama menjabat sebagai Komisaris Utama term of office as Commissioners of the Company.
Perseroan;
2. Memberhentikan dengan hormat dari jabatannya nama-nama sebagai 2. Honorably dismissed from their respective positions for the following names:
berikut: a. Mr. Arie Prabowo Ariotedjo, as President Director;
a. Bapak Arie Prabowo Ariotedjo, sebagai Direktur Utama; b. Mr. Dimas Wikan Pramudhito, as Director of Finance;
b. Bapak Dimas Wikan Pramudhito, sebagai Direktur Keuangan; c. Mr. Sutrisno S. Tatetdagat, as Director of Business Development
c. Bapak Sutrisno S. Tatetdagat, sebagai Direktur Pengembangan Usaha With the aim to accelerate Company Business transformation, effective as
Dengan alasan untuk mempercepat transformasi bisnis di Perseroan, of the closure of this Meeting and therefore ceased to assume their position
terhitung sejak ditutupnya Rapat ini dengan ucapan terima kasih atas on the closure of the Meeting with gratitude for their respective dedication
pengabdian dan pemikiran yang diberikan selama menjabat sebagai and contribution during their term of office as Directors of the Company.
Direktur Perseroan;
3. Menyetujui perubahan susunan pengurus Perseroan. 3. Approved the change to the Members of the Boards of the Company.
Memperhatikan Anggaran Dasar Perseroan dan peraturan perundang- Due observance to the Articles of Association of the Company and the
undangan yang berlaku serta Surat Kuasa Khusus Nomor SKK-14/ prevailing laws and regulation as well as Special Power of Attorney Number
MBU/5/2018 tanggal 31 Mei 2018 yang memberikan kuasa khusus SKK-14/MBU/5/2018 dated May 31, 2018, which grants the special power
untuk PT INALUM (Persero) melakukan tindakan-tindakan yang menjadi to PT INALUM (Persero) to take actions that are the authority and/or the right
kewenangan dan/atau hak Pemegang Saham Seri A Dwiwarna antara of the Dwiwarna A-Series Shareholder, among others, the right to approve
lain Hak Menyetujui dalam RUPS mengenai Persetujuan Pengangkatan in the General Meeting of Shareholders with regard to the approval for the
anggota Direksi dan anggota Dewan Komisaris, maka Rapat menyetujui appointment of members of the Board of Directors and members of the
pengangkatan nama-nama di bawah ini sebagai berikut: Board of Commissioners, therefore the Meeting approved the appointment
of those whose names are as mentioned below:
a. Dewan Komisaris a. The Board of Commissioners:
- Bapak Letnan Jenderal TNI (Purn.) Agus Surya Bakti sebagai Komisaris - Mr. Lieutenant General TNI (Ret.) Agus Surya Bakti as President
Utama; Commissioner;
b. Direksi b. The Board of Directors:
- Bapak Dana Amin sebagai Direktur Utama; - Mr. Dana Amin as President Director;
- Bapak Anton Herdianto sebagai Direktur Keuangan; - Mr. Anton Herdianto as Director of Finance;
- Bapak Risono sebagai Direktur Pengembangan Usaha. - Mr. Risono as Director of Business Development.
dengan masa jabatan terhitung sejak ditutupnya Rapat dan berakhir which term of office commences from the closure of this Meeting
pada penutupan RUPS Tahunan yang ke-5 (lima) setelah tanggal and ending on the closure of the Fifth Annual General Meeting of
pengangkatan, yaitu pada RUPS Tahunan Tahun Buku 2023, tanpa Shareholders after the appointment date, which will be held on Annual
mengurangi hak RUPS untuk sewaktu-waktu memberhentikan anggota General Meeting of Shareholders Financial Year 2023, without prejudice
Dewan Komisaris dan Direksi sebelum masa jabatannya berakhir; to the right of the General Meeting of Shareholders to dismiss any of
such members at any time.
Mata Acara Rapat

The Agenda of the Meeting
4. Dengan pemberhentian dan pengangkatan sebagaimana dimaksud angka 4. Upon the dismissal and appointment as stated in point 1, 2 and 3 mentioned
1, 2 dan 3 tersebut di atas, maka Rapat menyetujui susunan pengurus above, the Meeting therefore approved the members of the management
Perseroan menjadi sebagai berikut: Board of the Company to the as follows:
a. Dewan Komisaris a. The Board of Commissioners
- Bapak Agus Surya Bakti, sebagai Komisaris Utama; - Mr. Agus Surya Bakti as President Commissioner;
- Bapak Gumilar Rusliwa Somantri sebagai Komisaris Independen; - Mr. Gumilar Rusliwa Somantri as Independent Commissioner;
- Bapak Anang Sri Kusuwardono sebagai Komisaris Independen; - Mr. Anang Sri Kusuwardono as Independent Commissioner;
- Bapak Zaelani sebagai Komisaris; - Mr. Zaelani as Commissioner;
- Bapak Dadan Kusdiana sebagai Komisaris; - Mr. Dadan Kusdiana as Commissioner;
- Bapak Arif Baharudin sebagai Komisaris; - Mr. Arif Baharudin as Commissioner;
b. Direksi: b. The Board of Directors

- Bapak Dana Amin sebagai Direktur Utama; - Mr. Dana Amin as President Director;
- Bapak Hartono sebagai Direktur Operasi dan Produksi; - Mr. Hartono as Director of Operation and Production;
- Bapak Aprilandi Hidayat Setia sebagai Direktur Niaga; - Mr. Aprilandi Hidayat Setia as Director of Commerce;
- Bapak Luki Setiawan Suardi sebagai Direktur Sumber Daya Manusia; - Mr. Luki Setiawan Suardi as Director of Human Resources;
- Bapak Anton Herdianto sebagai Direktur Keuangan; - Mr. Anton Herdianto as Director of Finance;
- Bapak Risono sebagai Direktur Pengembangan Usaha. - Mr. Risono as Director of Business Development.
5. Menyetujui bahwa bagi anggota Direksi dan Dewan Komisaris yang 5. For members of the Board of Directors and Board of Commissioners
diangkat sebagaimana dimaksud pada angka 3 tersebut di atas yang appointed as referred to in point 3 mentioned above, who still assume/
masih menjabat pada jabatan lain yang dilarang berdasarkan Peraturan hold any other position prohibited by the prevailing laws and regulations to
Perundang-undangan untuk dirangkap dengan jabatan anggota Direksi dan be duplicated with the position as a member of the Board of Directors and
Dewan Komisaris ini, maka yang bersangkutan harus mengundurkan diri Board of Commissioners stated herein, the respective person shall render his
atau diberhentikan dari jabatannya tersebut. retirement from the mentioned position.
6. Memberikan kuasa dengan hak substitusi kepada Direksi Perseroan untuk 6. Granted the power with right of substitution to the Board of Directors of
menyatakan segala sesuatu yang diputuskan Rapat dalam bentuk akta the Company to restate the resolutions of the Meeting in a notarial deed
Notaris serta menghadap Notaris atau pejabat yang berwenang, dan and to appear before the Notary or the relevant authorities, and to make
melakukan penyesuaian atau perbaikan-perbaikan yang diperlukan apabila necessary adjustments or alterations as required by the relevant authorities
dipersyaratkan oleh pihak yang berwenang untuk keperluan pelaksanaan isi to effectuate.
keputusan Rapat.
Dewan Komisaris
The Board of Commissioners
Dewan Komisaris merupakan organ Perusahaan yang bertugas The Board of Commissioners is an organ of the Company which
melakukan pengawasan secara umum dan/atau khusus sesuai responsible for general and/or specific supervision in accordance
dengan Anggaran Dasar Perseroan serta memberi nasihat with the Company’s Articles of Association and providing advices
kepada Direksi dan memastikan bahwa Perusahaan telah to the Board of Directors, as well as ensuring that the Company
menerapkan GCG secara efektif dan berkelanjutan. Fungsi Non has implemented GCG effectively and sustainably. The function of
Executive Director pada sistem 1 (satu) Dewan sebagaimana Non-Executive Director in 1 (one) Board system, as applied in ASX,
berlaku di ASX terwakili oleh Dewan Komisaris dalam sistem 2 is represented by the Board of Commissioners in 2 (two) Board
(dua) Dewan di Indonesia. Dalam memenuhi tugas dan tanggung system in Indonesia. In fulfilling the duties and responsibilities, the
jawab itu, Dewan Komisaris wajib bertindak secara independen. Board of Commissioners must act independently.
Kriteria dan Proses Pengangkatan Dewan Criteria and Process of Appointment Members of
Komisaris the Board of Commissioners
ANTAM memiliki kriteria persyaratan calon anggota Dewan ANTAM has requirement criteria for the member candidate of
Komisaris sebagaimana tercantum dalam Anggaran Dasar the Board of Commissioners as specified in Article 14 Paragraph
Perusahaan Pasal 14 Ayat 4, yakni Anggota Dewan Komisaris 4 of the Company’s Articles of Association, i.e. member of the
ANTAM adalah orang perseorangan yang memenuhi persyaratan Board of Commissioners of ANTAM is an individual with the
sebagai berikut: following qualification:
1. Mempunyai akhlak, moral, dan integritas yang baik; 1. Have good character, morals, and integrity;
2. Cakap melakukan perbuatan hukum; 2. Competent in performing legal acts;
3. Dalam 5 (lima) tahun sebelum pengangkatan dan selama 3. Within 5 (five) years prior to his appointment and during his
menjabat: tenure:
a. Tidak pernah dinyatakan pailit; a. Has not been declared bankrupt;
b. Tidak pernah menjadi anggota Direksi dan/atau b. Has never been a member of the Board of Directors and/
anggota Dewan Komisaris yang dinyatakan bersalah or member of the Board of Commissioners declared
menyebabkan suatu perusahaan dinyatakan pailit; guilty for causing a company bankrupt;
c. Tidak pernah dihukum karena melakukan tindak pidana c. Has never been convicted of a criminal offense that is
yang merugikan keuangan negara dan/atau yang detrimental to the country’s financial and/or relating to
berkaitan dengan sektor keuangan; dan the financial sector; and
d. Tidak pernah menjadi anggota Direksi dan/atau anggota d. Has never been a member of the Board of Directors and/
Dewan Komisaris yang selama menjabat: or a member of the Board of Commissioners during his
i. Pernah tidak menyelenggarakan RUPS tahunan; term of office:
ii. Pertanggungjawabannya sebagai anggota Direksi i. Never hold an Annual GMOS;
dan/atau anggota Dewan Komisaris pernah tidak ii. His accountability as a member of the Board
diterima oleh RUPS atau pernah tidak memberikan of Directors and/or a member of the Board of
pertanggungjawaban sebagai anggota Direksi dan/ Commissioners was ever not accepted by the GMOS
atau anggota Dewan Komisaris kepada RUPS; dan or has never conveyed an accountability report as a
iii. Pernah menyebabkan perusahaan yang memperoleh member of the Board of Directors and/or a member
izin, persetujuan, atau pendaftaran dari OJK tidak of the Board of Commissioners to the GMOS; and
memenuhi kewajiban menyampaikan laporan iii. Has had a company holding a permit, approval, or
tahunan dan/atau laporan keuangan kepada OJK. registration from the Financial Services Authority fails to
4. Memiliki komitmen untuk mematuhi peraturan perundang- satisfy the responsibility to submit annual reports and/
undangan; or financial reports to the Financial Services Authority.
5. Memiliki pengetahuan dan/atau keahlian di bidang yang 4. Have commitment to comply with prevailing laws and
dibutuhkan Perseroan; dan regulations;
6. Memenuhi persyaratan lainnya sebagaimana ditentukan 5. Have knowledge and/or expertise in the fields required by
dalam Undang-Undang Perseroan Terbatas, Peraturan Pasar the Company; and
Modal dan Peraturan Perundang-Undangan lainnya yang 6. Fulfill other requirements as determined in the Limited
berlaku. Liability Company Law, Capital Market Regulation and
prevailing laws and regulations.
Berdasarkan Pasal 5 Ayat 4 huruf c.2 Anggaran Dasar Perseroan, Pursuant to Article 5 Paragraph 4 letter c.2 of the Company’s
Pemegang Saham Seri A Dwiwarna mempunyai hak istimewa Articles of Association, Series A Dwiwarna Shareholders have the
untuk mengusulkan Calon Anggota Direksi dan Calon Anggota privilege to nominate Candidates for the Members of the Board of
Dewan Komisaris yang akan diangkat dalam RUPS. Pelaksanaan Directors and Candidates for the Members Board of Commissioners
terhadap hak istimewa tersebut dapat dikuasakan kepada to be appointed at the GMOS. The exercise of these privileges can
Pemegang Saham Seri B terbanyak Perseroan. Pemegang be authorized to the Company’s majority Series B Shareholders.
Saham Seri A Dwiwarna telah memberikan kuasa kepada Series A Dwiwarna Shareholders have granted authorize to
PT Indonesia Asahan Aluminium (Persero) selaku Pemegang PT Indonesia Asahan Aluminium (Persero) as the Company’s
Saham Seri B terbanyak Perseroan melalui Surat Kuasa Khusus majority Series B Shareholder through Special Power of Attorney
Nomor SKK-14/MBU/5/2018 tanggal 31 Mei 2018. Number SKK-14/MBU/5/2018 dated on May 31, 2018.
PT Indonesia Asahan Aluminium (Persero) menetapkan proses PT Indonesia Asahan Aluminium (Persero) establish nomination
nominasi calon Dewan Komisaris berdasarkan Surat Keputusan process for Board of Commissioners based on Decree of Board of
Direksi PT Indonesia Asahan Aluminium (Persero) Nomor SK-022/ Directors of PT Indonesia Asahan Aluminium (Persero) Number
DIR/2018 tentang Komite Remunerasi dan Nominasi Holding SK-022/DIR/2018 concerning Remuneration and Nomination
Industri Pertambangan tanggal 27 Agustus 2018. Merujuk pada Committee of Mining Industry Holding dated on August 27,
hal tersebut, sumber nominasi anggota Dewan Komisaris dapat 2018. Referring to this matter, the source of nominations for
berasal dari: members of the Board of Commissioners may come from:
a. Anggota Direksi Perusahaan Anggota Holding; a. The Board of Directors of Holding Member;
b. Mantan anggota Direksi Perusahaan Anggota Holding, Anak b. Former member of the Board of Directors of Holding
Perusahaan Anggota Holding dan/atau Anak Perusahaan Member, Holding Member Subsidiary and/or the relevant
Holding yang bersangkutan setelah minimal 1 (satu) tahun Holding Subsidiary after a minimum of 1 (one) year no longer
tidak lagi menjabat sebagai anggota Direksi Perusahaan serves as a member of the Board of Directors of Subsidiary of
Anggota Holding, Anak Perusahaan Anggota Holding dan/ the Holding Member and/or Subsidiary of Relevant Holding
atau Anak Perusahaan Holding yang bersangkutan; Member;
c. Pejabat internal Perusahaan Anggota Holding yang c. Internal Officials of Holding Member Companies with a
bersangkutan minimal 1 (satu) tingkat di bawah Direksi; minimum of 1 (one) level below the Board of Directors;
d. Sumber lain yang memiliki reputasi baik, relevan dan dapat d. Other sources which have good reputation, relevant and
dipertanggungjawabkan. can be accounted for.
Berdasarkan Surat Keputusan tersebut, Perusahaan Holding Based on the Decree mentioned above, the Holding Company
adalah PT Indonesia Asahan Aluminium (Persero). Perusahaan is PT Indonesia Asahan Aluminium (Persero). Holding Member
Anggota Holding merupakan Perusahaan yang dikontrol Company is a company that is controlled by Holding company
oleh Perusahaan Holding sesuai dengan ketentuan pada in accordance with the provisions of the Government Regulation
Peraturan Pemerintah Republik Indonesia Nomor 47 Tahun of the Republic of Indonesia Number 47 Year 2017 concerning
2017 tentang Penambahan Penyertaan Modal Negara Addition of the Republic of Indonesia’s State Capital Investment
Republik Indonesia ke dalam Modal Saham Perusahaan in the PT Indonesia Asahan Aluminium (Persero), which consists
Perseroan (Persero) PT Indonesia Asahan Aluminium of PT Aneka Tambang Tbk, PT Bukit Asam Tbk, PT Timah Tbk,
(Persero), yang terdiri dari PT Aneka Tambang Tbk, and PT Freeport Indonesia.
PT Bukit Asam Tbk, PT Timah Tbk, dan PT Freeport Indonesia.
Proses penilaian calon Anggota Dewan Komisaris dilakukan The process of evaluating candidates for members of the Board
oleh Komite Remunerasi dan Nominasi Holding Industri of Commissioners is carried out by the Remuneration and
Pertambangan. Selanjutnya calon Dewan Komisaris diajukan Nomination Committee of Mining Industry Holding. Furthermore,
pada RUPS untuk mendapatkan persetujuan Pemegang Saham candidates for the Board of Commissioners are submitted at the
sesuai dengan ketentuan Anggaran Dasar Perseroan. GMOS to obtain Shareholder approval in accordance with the
provisions of the Company’s Articles of Association.
Susunan dan Komposisi Dewan Komisaris Structure and Composition of the Board of
Commissioners
Komposisi dan jumlah anggota Dewan Komisaris ditetapkan The composition and number of the members of the Board
oleh RUPS. Pada Tahun 2019 terjadi Perubahan komposisi dalam of Commissioners are determined by the General Meeting of
Dewan Komisaris berdasarkan keputusan RUPS Tahunan tanggal Shareholders. In 2019 there was a change in the composition of
24 April 2019, yakni diputuskan mengukuhkan pemberhentian the Board of Commissioners based on the decision of the Annual
General Meeting of Shareholders on April 24, 2019, namely was
dengan hormat Bambang Gatot Ariyono terhitung sejak tanggal decided to honorably dismiss Bambang Gatot Ariyono from
26 Agustus 2018 dan Robert A. Simanjuntak sejak tanggal 26 August 26, 2018 and Robert A. Simanjuntak from March 26,
Maret 2019 sebagai Komisaris Perseroan. 2019 as the Board of Commissioners.
Sesuai dengan Salinan Keputusan Menteri BUMN Nomor SK-225/ In accordance with the copy of Minister of SOE Decree Number
MBU/08/2018 tanggal 6 Agustus 2018 tentang Pengangkatan SK-225/MBU/08/2018 dated August 6, 2018 concerning the
Anggota Dewan Komisaris dan Penetapan Komisaris Independen Appointment of Members of the Board of Commissioners
Perusahaan Perseroan (Persero) PT Indonesia Asahan Aluminium and Determination of the Independent Commissioner of the
(Persero) Nomor 395/L-Dirut/VIII/2018 perihal Pemberitahuan Company PT Indonesia Asahan Aluminium (Persero) Number
Pengangkatan Bambang Gatot Ariyono sebagai Komisaris 395/L-Dirut/VIII/2018 regarding Notice of Appointment of
PT Indonesia Asahan Aluminium (Persero) tanggal 10 Agustus Bambang Gatot Ariyono as Commissioner of PT Indonesia
2018. Sesuai dengan Anggaran Dasar Perseroan Pasal 14 Ayat Asahan Aluminium (Persero) on August 10, 2018. Based on
27, jabatan Anggota Dewan Komisaris berakhir secara hukum Articles of Association of the Company Article 14 Paragraph 27,
apabila tidak lagi memenuhi persyaratan sebagai Anggota the position of Member of the Board of Commissioners legally
Dewan Komisaris sesuai dengan larangan rangkap jabatan expires if they no longer fulfill the requirements as a Member of
Anggota Dewan Komisaris, sesuai Peraturan yang berlaku serta the Board of Commissioners in accordance with the prohibition
Anggaran Dasar Perseroan. Dengan demikian, jabatan Bambang concurrent position of Member of the Board of Commissioners
Gatot Ariyono sebagai Komisaris di ANTAM berakhir efektif sejak in accordance with applicable regulations and the Company’s
terjadinya rangkap jabatan tersebut. Robert A. Simanjuntak Articles of Association. Thus, Bambang Gatot Ariyono’s position as
diangkat sebagai anggota Dewan Komisaris Perseroan sejak Commissioner at ANTAM ended effectively since the concurrent
tanggal 26 Maret 2014 dan telah menjabat selama 5 (lima) position occurred. Robert A. Simanjuntak was appointed as a
tahun. Dengan demikian pada tanggal 26 Maret 2019 Robert member of the Company’s Board of Commissioners since March
A. Simanjuntak telah menyelesaikan masa jabatan pertamanya 26, 2014 and has served for 5 (five) years. Thus on March 26,
sebagai anggota Dewan Komisaris. 2019 Robert A. Simanjuntak had completed his first term as a
member of the Board of Commissioners.
Kemudian sesuai Keputusan RUPS Tahun Buku 2018, terjadi Then according the Resolution of the Annual GMOS for Financial
pengangkatan Dadan Kusdiana dan Arif Baharudin sebagai Year 2018, appointed Dadan Kusdiana and Arif Baharudin as
Komisaris terhitung sejak ditutupnya RUPS Tahunan tanggal Commissioners starting from the closure of the Annual GMOS
24 April 2019 sampai dengan penutupan RUPS Tahunan on April 24, 2019 until the closing of the fifth Annual GMOS
yang kelima setelah tanggal pengangkatannya dengan tidak after the date of his appointment without prejudice the right
mengurangi hak RUPS untuk memberhentikan anggota Dewan of GMOS to dismiss members of the Board of Commissioners
Komisaris sewaktu-waktu. at any time.
Sejak tanggal 23 Oktober 2019, Fachrul Razi tidak lagi menjabat Since October 23, 2019, Fachrul Razi had no longer served
sebagai Komisaris Utama Perseroan dan beralih tugas sebagai as of President Commissioner of the Company due to his
Menteri Agama Republik Indonesia Periode 2019-2024, appointment as Minister of Religious Affair of the Republic of
berdasarkan Keputusan Presiden Republik Indonesia Nomor Indonesia for the period of 2019-2024, based on Presidential
113/P Tahun 2019 tentang Pembentukan Kementerian Negara Decree of the Republic of Indonesia Number 113/P of 2019
dan Pengangkatan Menteri Negara Kabinet Indonesia Maju concerning the Establishment of State Ministry and the
Periode 2019-2024. Sesuai dengan ketentuan Anggaran Appointment of State Minister of the “Kabinet Indonesia Maju”
Dasar Perseroan Pasal 14 ayat 27 dan ayat 29 jabatan anggota for the period 2019-2024. In accordance with the provisions of
Dewan Komisaris berakhir karena memangku jabatan rangkap the Company’s Articles of Association Article 14 paragraph 27
yang dilarang sesuai dengan ketentuan Peraturan Perundang- and paragraph 29, the positions of members of the Board of
undangan. Berdasarkan Pasal 23 huruf b Undang-undang Commissioners expired because they hold concurrent positions
Nomor 39 Tahun 2008 tentang Kementerian Negara mengatur which are prohibited in accordance with the prevailing of the
Menteri dilarang merangkap jabatan sebagai Komisaris atau Laws and Regulations. Pursuant to Article 23 letter b of Law
Direksi pada Perusahaan Negara atau Perusahaan Swasta. Number 39 Year 2008 concerning State Ministries regulates that
the Ministers are prohibited from concurrently serving as the
Board of Commissioners or Board of Directors in a State-Owned
Company or Private Company.
Pengukuhan pemberhentian dengan hormat Fachrul Razi Ratification of the honorable dismissal of Fachrul Razi was carried
dilaksanakan pada RUPS Luar Biasa tanggal 19 Desember 2019 out at the Extraordinary General Meeting of Shareholders on
dan kemudian mengangkat Agus Surya Bakti sebagai Komisaris December 19, 2019 and then appointed Agus Surya Bakti as
Utama Perseroan dengan masa jabatan terhitung sejak the President Commissioner of the Company with the term
ditutupnya Rapat dan berakhir pada penutupan RUPS Tahunan of office commencing from the closure of the Annual GMOS
yang kelima setelah tanggal pengangkatan, tanpa mengurangi until the closing of the fifth Annual GMOS after the date of
hak RUPS untuk sewaktu-waktu memberhentikan sebelum his appointment without prejudice to the right of the GMOS to
masa jabatannya berakhir. dismiss at any time.
Dengan demikian komposisi Dewan Komisaris ANTAM per Therefore, the composition of the Board of Commissioners of
31 Desember 2019 sebagai berikut: ANTAM, as of December 31, 2019 is as follows:
Agus Surya Gumilar Rusliwa Anang Sri Zaelani Dadan Kusdiana2 Arif Baharudin2
Bakti1 Somantri Kusuwardono Komisaris Komisaris Komisaris
Komisaris Utama Komisaris Komisaris Commissioner Commissioner Commissioner
President Independen Independen
Commissioner Independent Independent
Commissioner Commissioner
Nama Jabatan Dasar Pengangkatan Pengangkatan Kembali

Name Position Basic Appointment Re-Appointment
Agus Surya Bakti1 Komisaris Utama Keputusan RUPS Luar Biasa tanggal 19 Desember 2019
-
President Commissioner Resolution of Extraordinary GMOS on December 19, 2019
Gumilar Rusliwa Somantri Komisaris Independen Keputusan RUPS Tahun Buku 2016 tanggal 2 Mei 2017
-
Independent Commissioner Resolution of GMOS for financial year 2016 on May 2, 2017
Anang Sri Kusuwardono Komisaris Independen Keputusan RUPS Tahun Buku 2016 tanggal 2 Mei 2017
-
Independent Commissioner Resolution of GMOS for financial year 2016 on May 2, 2017
Keputusan RUPS Tahun Buku
Zaelani Komisaris Keputusan RUPS Tahun Buku 2011 tanggal 31 Mei 2012 2016 tanggal 2 Mei 2017
Commissioner Resolution of GMOS for financial year 2011 on May 31, 2012 Resolution of GMOS for financial
year 2016 on May 2, 2017
Komisaris Keputusan RUPS Tahun Buku 2018 tanggal 24 April 2019
Dadan Kusdiana2 -
Commissioner Resolution of GMOS for Financial Year 2018 on April 24, 2019
Komisaris Keputusan RUPS Tahun Buku 2018 tanggal 24 April 2019
Arif Baharudin2 -
Commissioner Resolution of GMOS for Financial Year 2018 on April 24, 2019
1
Efektif diangkat tanggal 19 Desember 2019 Appointed effectively on December 19, 2019
2
Pengisian Jabatan Lowong Komisaris Utama Fulfillment of Vacant Position for President
Commissioner
Anggaran Dasar Perseroan Pasal 14 ayat 23 huruf a mengatur Articles of Association Article 14 paragraph 23 letter a regulated
bahwa RUPS wajib diselenggarakan untuk mengisi jabatan that GMOS must be held to fulfil vacant position, if the vacant
lowong, jika jabatan yang lowong adalah Komisaris Utama. position is President Commissioner. GMOS should be held no
Penyelenggaraan RUPS dilaksanakan paling lambat 90 (Sembilan later than 90 (Ninety) days after the vacant position.
puluh) hari sejak terjadinya jabatan lowong tersebut.
Sebelum RUPS Luar Biasa yang berlangsung pada 19 Desember Before the Extraordinary GMOS which held on December 19,
2019, berdasarkan ketentuan Anggaran Dasar Perseroan perihal 2019, based on the provisions of the Company’s Articles of
penyelenggaraan rapat, dalam hal Komisaris Utama tidak hadir Association regarding the holding of meetings, in the event that
atau berhalangan dan RUPS tidak mengangkat wakil Komisaris the President Commissioner was absent or impediment and the
Utama serta Komisaris Utama tidak melakukan penunjukan GMOS did not appoint the Vice President Commissioner and the
pimpinan Rapat, maka anggota Dewan Komisaris yang paling President Commissioner did not appoint the Chair of the Meeting,
lama menjabat sebagai anggota Dewan Komisaris yang then the members of the Board of Commissioners who served
bertindak sebagai pimpinan rapat Dewan Komisaris. Dalam hal as the longest of the Board of acting as chair of the Board of
anggota Dewan Komisaris yang paling lama menjabat sebagai Commissioners’ meeting. In the event that the member of the
anggota Dewan Komisaris lebih dari satu orang, maka anggota Board of Commissioners who is the longest serving as a member
Dewan Komisaris yang paling tertua dalam usia bertindak of the Board of Commissioners is more than one person, the
sebagai pimpinan rapat. Berdasarkan Keputusan Rapat Dewan oldest member of the Board of Commissioners in his age shall
Komisaris pada tanggal 31 Oktober 2019, Dewan Komisaris act as chair of the meeting. Based on the Decision of the Board
menunjuk Zaelani sebagai anggota Dewan Komisaris yang of Commissioners‘ Meeting on October 31, 2019, the Board of
paling lama menjabat sebagai pelaksana pimpinan rapat Dewan Commissioners appointed Zaelani as a member of the Board
Komisaris dan apabila berhalangan hadir, rapat dipimpin oleh of Commissioners who is the longest served as the Board of
Gumilar Rusliwa Somantri. Commissioners to act as chairman of the Board of Commissioners’
meeting and if absent or impediment, the meeting is chaired by
Gumilar Rusliwa Somantri.
Selama terjadinya kekosongan jabatan Komisaris Utama, During the vacancy in the position of President Commissioner,
berdasarkan Keputusan Rapat Dewan Komisaris tanggal based on the Decision of the Board of Commissioners’ Meeting
31 Oktober 2019, fungsi administratif Dewan Komisaris on 31 October 2019, the administrative function of the Board
dilaksanakan oleh Gumilar Rusliwa Somantri. Keputusan- of Commissioners was carried out by Gumilar Rusliwa Somantri.
keputusan di atas dilaksanakan sampai dengan Komisaris Utama Both resolution above applied until the newly appointed President
yang baru diangkat dalam RUPS Luar Biasa tanggal 19 Desember Commissioner at the Extraordinary GMOS on December 19,
2019. 2019.
Komisaris Independen Independent Commissioners

Komisaris Independen adalah anggota Dewan Komisaris yang Independent Commissioners are members of the Board of
berasal dari luar Emiten atau Perusahaan Publik dan memenuhi Commissioners who come from outside of the Public Company
persyaratan sebagai Komisaris Independen sesuai dengan and meet the requirements as Independent Commissioners in
Peraturan OJK Nomor 33/POJK.04/2014 tentang Direksi dan accordance with FSA Regulation Number 33/POJK.04/2014
Dewan Komisaris Emiten atau Perusahaan Publik di antaranya: concerning the Board of Directors and the Board of
Commissioners of Public Companies including:
Bukan merupakan orang yang bekerja atau mempunyai

wewenang dan tanggung jawab untuk merencanakan,
memimpin, mengendalikan, atau mengawasi kegiatan
1 Tidak mempunyai saham baik langsung maupun tidak
langsung pada Perusahaan
Not having shares both direct and indirect in Company
2
Perusahaan dalam waktu 6 (enam) bulan terakhir,
kecuali untuk pengangkatan kembali sebagai Komisaris
Independen
Not become a person which had worked or had
authority and responsibility to plan, lead control, or
supervise Company’s activity in 6 (six) month, except for
re-appointment as Independent Commissioners
3
Tidak mempunyai hubungan Afiliasi dengan
Perusahaan, anggota Dewan Komisaris, anggota
Direksi, atau Pemegang Saham Pengendali
Perusahaan
4
Not having affiliate relationship with the Company,
Tidak mempunyai hubungan usaha baik langsung BOC member, BOD member or controlling
maupun tidak langsung yang berkaitan dengan Shareholders
kegiatan usaha Perusahaan
Not having business relationship both direct or
indirect related to Company’s business activity
Jumlah Komisaris
Independen
Number of Independent
Commissioners
33,33% 50%
33,33% dari keseluruhan 50% dari keseluruhan

Komisaris adalah Komisaris adalah
6 Komisaris dengan Komisaris Independen Komisaris Independen
2 Komisaris Independen
33.33% of All 50% of All Commissioners
6 Commissioners Commissioners are are Independent
with 2 Independent Independent Commissioners
Commissioners Commissioners
Anggota Dewan Komisaris ANTAM per 31 Desember 2019 The Board of Commissioners of ANTAM as of December 31, 2019
berjumlah 6 (enam) orang, 2 (dua) di antaranya merupakan consist of 6 (six) members, 2 (two) of whom are Independent
Komisaris Independen yang keduanya diangkat berdasarkan Commissioners who appointed based on the Annual General
Keputusan RUPS Tahunan yang dilaksanakan pada tanggal 2 Meeting of Shareholders held on May 2, 2017. The number of
Mei 2017. Jumlah Komisaris Independen ini telah memenuhi Independent Commissioners has fulfilled the provisions of FSA
ketentuan Peraturan OJK Nomor 33/POJK.04/2014, dimana Regulation Number 33/POJK.04/2014, which stipulates that any
setiap perusahaan publik harus memiliki Komisaris Independen public company must have an Independent Commissioner of at
sekurang-kurangnya 30% dari jumlah seluruh anggota Dewan least 30% of the total members of the Board of Commissioners.
Komisaris.
Apabila mengacu pada kriteria ASX Corporate Governance According to the ASX Corporate Governance Principles criteria,
Principles, ANTAM memiliki 3 (tiga) Komisaris Independen dan ANTAM has 3 (three) Independent Commissioners, and as
telah memenuhi jumlah minimal Komisaris Independen yang stipulated in the ASEAN Corporate Governance Scorecard, which
diatur dalam ASEAN Corporate Governance Scorecard yang requires the minimum number of Independent Commissioners
mensyaratkan jumlah Komisaris Independen berjumlah 50% of 50% of the total members of the Board of Commissioners,
dari jumlah seluruh anggota Dewan Komisaris. ANTAM has met the requirement of minimum number of
Independent Commissioners.
Kriteria Independensi ASX

Kriteria Independensi ASX Agus Surya Gumilar Rusliwa Anang Sri Dadan Arif Fachrul Robert A.
Zaelani
ASX Independency Criteria Bakti1 Somantri Kusuwardono Kusdiana2 Baharudin2 Razi3 Simanjuntak4
Bukan bagian dari manajemen. √ √ √ √ √ √ √ √

Not a member from management.
Bebas dari hubungan usaha dan hubungan √ √ √ √ √ √ √ √
lainnya yang dapat mempengaruhi
keputusan.
Free of any business or other relationship
that could materially interface judgement.
Bukan pemegang saham mayoritas atau √ √ √ X X X √ X
pejabat pada institusi pemegang saham
mayoritas, atau terasosiasi langsung dengan
pemegang saham mayoritas.
Not majority shareholder, or management
of majority shareholder institution, or direct
association to majority shareholder.
Kriteria Independensi ASX Agus Surya Gumilar Rusliwa Anang Sri Dadan Arif Fachrul Robert A.
Zaelani
ASX Independency Criteria Bakti1 Somantri Kusuwardono Kusdiana2 Baharudin2 Razi3 Simanjuntak4
Bukan karyawan atau pernah dipekerjakan √ √ √ √ √ √ √ √

sebagai eksekutif pada Perusahaan/
perusahaan afiliasi, setidaknya 3 (tiga) tahun
sebelum menjadi Komisaris.
Not the employee or was hired as executive
officer by the Company or its affiliations, at
least in the last 3 (three) years before served
as Commissioner.
Bukan penasihat atau konsultan utama √ √ √ √ √ √ √ √
yang material bagi perusahaan/perusahaan
afiliasi, atau karyawan yang terasosiasi
langsung dengan penyediaan jasa,
setidaknya 3 (tiga) tahun sebelum menjadi
Komisaris.
Not the major consultant or advisor to
the Company or its affiliates, or employee
directly associated with a service provider
company, at least in the last 3 (three) years
before served as Commissioner.
Bukan pemasok/pelanggan utama yang √ √ √ √ √ √ √ √
material dari perusahaan/perusahaan afiliasi
atau pejabat pada perusahaan pemasok/
pelanggan utama, atau terasosiasi secara
langsung maupun tidak langsung dengan
pemasok/pelanggan utama.
Not the major supplier/customer of
the Company or its affiliates, or the
management of the major supplier/
customer, or associated directly or indirectly
to the major supplier/customers.
Tidak terikat dalam perjanjian yang material √ √ √ √ √ √ √ √
dengan perusahaan/perusahaan afiliasi
selain sebagai Komisaris.
Not bound to any material agreement with
the Company or its affiliates, except than be
a Commissioner.
Tidak memiliki hubungan keluarga √ √ √ √ √ √ √ √
sedarah dan semenda serta memegang
posisi direktur di tempat lain yang dapat
mempengaruhi independensi.
Not having consanguinity up to 3 (three)
grade horizontally and vertically due to
the marriage with other members of BOC
or BOD or holding Director position in
other company which may influence its
independency.
Status √ √ √ X X X √ X
√ = Independen Independent
X = Tidak Independen Not Independent
1
2
3
4
Masa Jabatan Anggota Dewan Komisaris Term of Office of the Board of Commissioners
Anggota Dewan Komisaris diangkat untuk jangka waktu A member of the Board of Commissioners is appointed for the
terhitung sejak ditutupnya atau tanggal yang ditetapkan oleh period commencing from the closure or the date determined
RUPS yang mengangkatnya dan berakhir pada penutupan RUPS by the GMOS to the date of the closure of the 5th (fifth) Annual
Tahunan yang ke-5 (kelima) setelah tanggal pengangkatannya, GMOS after his appointment, provided It is not exceeding the
dengan syarat tidak boleh melebihi jangka waktu 5 (lima) tahun, period of 5 (five) years, by taking into account to the prevailing
dengan memperhatikan peraturan perundang-undangan di laws and regulations in the Capital Market, but without prejudice
bidang Pasar Modal, namun dengan tidak mengurangi hak to the rights of GMOS to dismiss the members of the Boards
dari RUPS untuk sewaktu-waktu dapat memberhentikan para of Commissioners at any time prior to the end of their term of
anggota Dewan Komisaris sebelum masa jabatannya berakhir. office. Upon completion of his term, a member of the Board of
Setelah masa jabatannya berakhir, anggota Dewan Komisaris
dapat diangkat kembali oleh RUPS untuk satu kali masa jabatan. Commissioners may be reappointed by the GMOS for the next
Ketentuan ini juga berlaku untuk Komisaris Independen yang 1 (one) term. This condition is also applied to an Independent
diangkat sesuai keputusan RUPS. Commissioner who appointed as the resolutions of GMOS.
Mengacu pada Pasal 14 Ayat 26 Anggaran Dasar Perseroan, Referring to Article 14 Paragraph 26 of the Articles of Association,
jabatan Dewan Komisaris berakhir apabila: the position the Board of Commissioners ends if:
a. Pengunduran dirinya telah efektif; a. His/Her resignation has been effective;
b. Meninggal dunia; b. Demise;
c. Masa jabatannya berakhir; c. His/Her term of office ends;
d. Diberhentikan berdasarkan RUPS; d. Dismissed by GMOS;
e. Dinyatakan pailit oleh Pengadilan Niaga yang telah mempunyai e. Declared bankrupt by Commercial Court having permanent
kekuatan hukum yang tetap atau ditaruh di bawah pengadilan legal force or placed under an ability according to a court
berdasarkan suatu Putusan Pengadilan; atau decision; or
f. Tidak lagi memenuhi persyaratan sebagai anggota Dewan f. No longer qualified as the member of the Board of
Komisaris berdasarkan Anggaran Dasar dan Peraturan Commissioners pursuant to Articles of Association and other
perundang-undangan lainnya termasuk tidak terbatas pada law and regulations include but not limited to the prohibited
rangkap jabatan yang dilarang. concurrent position.
Kebijakan terkait Pengunduran Diri Dewan Policies related to Resignation of the Board of
Komisaris Commissioners
Apabila dalam menjalankan tugasnya, Dewan Komisaris terlibat If in carrying out its duties, the BOC is involved in financial
dalam kejahatan keuangan, maka tindak lanjut yang dilakukan crimes, then the follow-up conducted by the Company refers to
Perusahaan mengacu pada ketentuan dalam Anggaran Dasar the provisions of the Articles of Association and prevailing laws
Perseroan dan peraturan perundang-undangan yang berlaku. and regulation.
Pedoman Kerja Dewan Komisaris The Board of Commissioners Charter

Dalam menjalankan tugasnya Dewan Komisaris telah memiliki In carrying out its duties, the Board of Commissioners has had
Pedoman Kerja/Piagam Dewan Komisaris yang ditandatangani Work Guidelines/Charter of the Board of Commissioners signed
oleh Dewan Komisaris pada tanggal 21 Juni 2016 yang by the Board of Commissioner on June 21, 2016, which is an
merupakan pengkinian dari Pedoman Kerja Dewan Komisaris updated version of Charter of the Board of Commissioner dated
tanggal 27 November 2015. Pedoman Kerja tersebut ditinjau November 27, 2015. The Charter is reviewed periodically and
secara berkala dan dimutakhirkan apabila dianggap perlu updated when deemed necessary by considering provisions of
dengan memperhatikan ketentuan perundangan yang berlaku. the prevailing laws and regulations. The complete information
Selengkapnya terdapat pada situs Perusahaan www.antam.com. can be found on the Company’s website www.antam.com.
I. Pendahuluan I. Introduction
• Latar Belakang • Background
• Visi dan Misi Dewan Komisaris • Vision and Mission of the BOC
• Maksud dan Tujuan • Purpose and Objectives
II. Pembentukan, Organisasi, dan Masa Kerja II. Establishment, Organization and Service Period
• Dasar Hukum • Legal Basis
• Pengangkatan dan Pemberhentian • Appointment and Dismissal
• Tujuan dan Kedudukan dalam Organisasi • Purpose and Position in Organization
Pedoman Kerja • Organisasi Dewan Komisaris
III. Tugas, Tanggung Jawab dan Kewenangan
• Organization of the BOC
III. Duties, Responsibilities and Authorities
Dewan Komisaris • Tugas dan Tanggung Jawab • Duties and Responsibilities
• Wewenang • Authority
Board of • Pembagian Tugas dan Wewenang • Distribution of Duties and Authorities
Commissioners • Komite Penunjang Dewan Komisaris
• Pelaksanaan Tugas Khusus
• Supporting Committee of the Board of
Commissioners
Charter • Remunerasi • Special Assignment
• Pendidikan Berkelanjutan • Remuneration
• Rapat, Pelaporan, dan Anggaran • Continuous Learning
• Kode Etik • Meeting, Reporting and Budgeting
• Pertanggungjawaban • Code of Conduct
IV. Hubungan Dewan Komisaris dengan Direksi • Accountability
V. Evaluasi Kinerja IV. Relationship of BOC and BOD
V. Performance Evaluation
Tugas dan Tanggung Jawab Dewan Komisaris Duties and Responsibilities of The Board of
Commissioners
Dewan Komisaris bertugas mengawasi dan memberikan nasihat The Board of Commissioners oversees supervising and
kepada Direksi sebagai pengurus Perusahaan yang pelaksanaan providing advices to the Board of Directors as the Company’s
tugas, tanggung jawab dan kewenangannya dilaporkan kepada management. The fulfillment of such duties, responsibilities
RUPS. Setiap anggota Dewan Komisaris tidak dapat bertindak and authorities are reported to the GMOS. To carry out their
sendiri-sendiri, melainkan berdasarkan keputusan Dewan duties and responsibilities, the scope of work of the Board of
Komisaris. Untuk melaksanakan tugas dan tanggung jawabnya, Commissioners, according to the prevailing laws and regulations,
lingkup pekerjaan Dewan Komisaris berdasarkan peraturan as well as the Company’s Articles of Association is among others:
perundangan yang berlaku dan Anggaran Dasar Perusahaan
antara lain:
Duties and Responsibilities

No. Tugas dan Tanggung Jawab Dewan Komisaris
of The Board of Commissioners
1. Melakukan pengawasan atas jalannya pengurusan Perusahaan oleh Direksi To supervise the course of management of the Company performed by
serta memberikan persetujuan atas rencana pengembangan Perusahaan, the Board of Directors, and to provide an approval for the Company’s
Rencana Jangka Panjang Perusahaan (RJPP), Rencana Kerja dan Anggaran development plan, Company’s Long Term Plan (RJPP), Company’s Work and
Perusahaan (RKAP); Budget Plan (RKAP) and other plans in relation to the accomplishment of
the Company’s business and activities;
2. Melakukan tugas, wewenang dan tanggung jawab serta tugas yang secara To carry out duties, authorities and responsibilities, as well as special tasks
khusus diberikan kepada Dewan Komisaris sesuai dengan ketentuan assigned to the Board of Commissioners in accordance with the provisions
Anggaran Dasar Perseroan, keputusan RUPS dan ketentuan peraturan specified under the Company’s Articles of Association, GMOS resolutions
perundang-undangan serta wajib menerapkan prinsip profesionalisme, and the prevailing laws and regulations, as well as must implement the
efisien, transparan, mandiri, akuntabel, bertanggung jawab dan adil; principles of professionalism, efficiency, transparency, self-reliance,
accountability, responsible and fairness;
3. Mengikuti perkembangan kegiatan Perusahaan, memberikan pendapat To keep abreast of the development of the Company’s activities, give
dan saran kepada RUPS mengenai setiap persoalan yang dianggap penting opinions and advices to the GMOS regarding any matters that are deemed
bagi pengelolaan Perusahaan serta melaporkan kepada Pemegang Saham necessary for the management of the Company and report to the Series A
Seri A Dwiwarna apabila terjadi gejala penurunan kinerja Perusahaan; Dwiwarna Shareholder on any deteriorative performance of the Company;
4. Memberikan pendapat dan saran atas persoalan yang dianggap penting To provide GMOS with opinions and advices, according to the supervisory
bagi pengelolaan Perusahaan yang sesuai dengan tugas pengawasan function of the Board of Commissioners, on any other matter that is
Dewan Komisaris kepada RUPS; deemed necessary for managing the Company;
5. Setiap anggota Dewan Komisaris wajib dengan itikad baik, kehati-hatian, Each member of the Board of Commissioners must perform his supervisory
dan bertanggung jawab dalam menjalankan tugas pengawasan dan tasks and advisory provision to the Board of Directors in good faith,
pemberian nasihat kepada Direksi untuk kepentingan Perusahaan dan prudently, and full responsibility for the benefit of the Company and in
sesuai dengan maksud dan tujuan Perusahaan, dan tidak dimaksudkan accordance with the purposes and objectives of the Company, and shall
untuk kepentingan pihak atau golongan tertentu; not be intended for the benefit of any particular party or group;
6. Meneliti dan menelaah laporan tahunan yang dipersiapkan oleh Direksi To examine, review and sign the annual reports prepared by the Board
serta menandatangani laporan tersebut, dan memastikan bahwa Laporan of Directors, and ensure that the Company’s Annual Report contains
Tahunan Perusahaan telah memuat informasi yang sesuai dengan information in accordance with the provisions of the Capital Market
ketentuan Otoritas Pasar Modal; Authority;
7. Memberikan tanggapan atas laporan berkala Direksi serta pada setiap To respond to the Board of Directors’ periodic reports (quarterly, annually)
waktu yang diperlukan mengenai perkembangan Perusahaan dan and any other necessary report concerning the development of the
melaporkan hasil pelaksanaan tugasnya kepada Pemegang Saham Seri A Company, and to report the fulfillment of its duties to Series A Dwiwarna
Dwiwarna tepat pada waktunya; Shareholder in a timely manner;
8. Memberikan arahan atas tata kelola teknologi informasi, kebijakan mutu To provide guidance on information technology governance, quality and
dan pelayanan, kebijakan pengadaan dan kebijakan pengelolaan Anak services policy, procurement policy and subsidiary management policy, and
Perusahaan, serta memantau efektivitas pelaksanaannya secara periodik; monitor the effectiveness of its implementation periodically;
9. Melakukan pengkajian secara berkala atas efektivitas sistem manajemen To conduct periodic assessment of the effectiveness of risk management
risiko dan memantau efektivitas pelaksanaan fungsi pengawasan internal systems and to monitor the effectiveness of implementation of the
Perusahaan dan serta pengendalian intern Perusahaan; Company’s internal supervision and internal control functions;
10. Memberikan arahan mengenai pengawasan dan pemantauan kepatuhan To provide guidance on supervision and monitoring of the BOD compliance
Direksi atas perjanjian dengan pihak ketiga serta kesesuaiannya dengan with a third-party agreement and its conformity to the prevailing laws and
peraturan perundang-undangan yang berlaku; regulations;
11. Melaksanakan proses penunjukan calon auditor eksternal sesuai dengan To implement the appointment of external auditor candidates in
ketentuan pengadaan barang dan jasa di Perusahaan, dan apabila accordance with the provisions of goods and services procurement of the
diperlukan dapat meminta bantuan Direksi dalam proses penunjukannya, Company, and if required, may ask for assistance of the Board of Directors
serta menyampaikan kepada RUPS atas usulan calon auditor eksternal in the appointment process, and convey to GMOS the proposal of external
tersebut untuk persetujuan; auditor candidate for approval;
12. Menunjuk penilai (assessor) independen dalam proses asesmen penerapan To appoint an independent assessor to evaluate the GCG implementation
GCG di Perusahaan sesuai dengan ketentuan pengadaan barang dan jasa in the Company in accordance with the provisions of procurement of goods
yang bilamana diperlukan dapat meminta bantuan Direksi dalam proses and services, and may ask for assistance of the Board of Directors in the
penunjukannya; appointment process when required;
Duties and Responsibilities

No. Tugas dan Tanggung Jawab Dewan Komisaris
of The Board of Commissioners
13. Menentukan sistem nominasi, evaluasi kinerja, remunerasi yang transparan To determine the transparent nomination, performance evaluation,
bagi Dewan Komisaris dan Direksi setelah mempertimbangkan hasil kajian remuneration systems for the Board of Commissioners and the Board of
Komite GCG-NR untuk selanjutnya diajukan agar memperoleh persetujuan Directors after considering the results of GCG-NR Committee’s review, to
RUPS; be further submitted for approval of GMOS;
14. Meningkatkan kompetensi dan pengetahuannya secara berkesinambungan To continuously improve the Board of Commissioners’ competences and
untuk menjalankan fungsi sebagai Dewan Komisaris secara profesional; knowledges to implement its functions as the Board of Commissioners
professionally;
15. Memberikan laporan tentang tugas pengawasan yang telah dilakukan To provide GMOS with reports on supervisory duties that have been
selama tahun buku yang baru lampau kepada RUPS; performed during the past Financial Year;
16. Memberikan penjelasan tentang segala hal yang ditanyakan atau yang To provide explanations of all matters asked or requested by members
diminta anggota Dewan Komisaris dan pemegang saham Seri A Dwiwarna, of the Board of Commissioners and Series A Dwiwarna shareholder, by
dengan memperhatikan peraturan perundang-undangan khususnya complying with the laws and regulations, especially the applicable Capital
peraturan di bidang Pasar Modal yang berlaku; Market regulations;
17. Melaksanakan kewajiban lainnya dalam rangka tugas pengawasan dan To fulfill other obligations in performing its supervisory an advisory tasks, to
pemberian nasihat, sepanjang tidak bertentangan dengan peraturan the extend not contrary to the laws and regulations, the Company’s Articles
perundang-undangan, Anggaran Dasar Perseroan dan/atau keputusan of Association and/or GMOS resolutions.
RUPS.
Pendelegasian Wewenang Dewan Komisaris Delegation of Authorities of the Board of

Commissioners
Pendelegasian wewenang oleh seorang anggota Dewan Delegation of authority given by a member of the Board of
Komisaris kepada anggota Dewan Komisaris lainnya hanya dapat Commissioners to other member of the Board of Commissioners
dilakukan melalui surat kuasa khusus untuk keperluan dimaksud can only be done through a special power of attorney for such
dan pendelegasian wewenang tersebut tidak melepaskan purpose and the delegation of authority shall not release the
tanggung jawab Dewan Komisaris secara kolektif. liability of the Board of Commissioners collectively.
Praktiknya, pada tahun 2019 tidak terdapat pendelegasian In 2019, there was no delegation of authority made by a member
wewenang seorang Anggota Dewan Komisaris lainnya melalui of the Board of Commissioners for another member of the Board
surat kuasa khusus. Seluruh kuorum Rapat Dewan Komisaris of Commissioner through a special power of attorney. All of the
untuk pengambilan keputusan dapat terpenuhi. Board of Commissioners’ Meetings for decision making were
able to achieve the quorum.
Pembagian Tugas Dewan Komisaris Segregation Duties of the Board of Commissioners

Dewan Komisaris mengatur sendiri pembagian kerja di The Board of Commissioners shall set their distribution of work
antara para anggota dan untuk kelancaran tugasnya, Dewan among the members and for to smooth out the implementation
Komisaris dapat dibantu oleh Sekretaris Dewan Komisaris of their duties, the Board of Commissioners may be assisted by the
yang diangkat oleh Dewan Komisaris. Namun demikian, fokus Secretary to the Board of Commissioners who appointed by the
bidang pengawasan masing-masing anggota Dewan Komisaris Board of Commissioners. Nevertheless, the focus area of supervision
mengacu pada pembagian peran sebagai Ketua dan Wakil Ketua of each member of the BOC refers to the division of roles as
dari Komite Penunjang Dewan Komisaris sesuai kompetensi dan Chairman and Vice Chairman of the Supporting Committee of the
pengalaman yang dimiliki. Keanggotaan Dewan Komisaris pada BOC based on the competencies and experiences. Membership of
Komite Penunjang Dewan Komisaris per 31 Desember 2019 the Board of Commissioners in the Supporting Committee of the
yaitu: Board of Commissioners as per December 31, 2019 namely:
Fokus Bidang Pengawasan Focus Area of Supervision
GCG, Nominasi & Remunerasi Manajemen Risiko

Audit GCG, Nomination & Remuneration Risk Management
• Gumilar Rusliwa Somantri • Agus Surya Bakti • Anang Sri Kusuwardono

• Zaelani • Dadan Kusdiana • Arif Baharudin
Independensi & Kepemilikan Saham Anggota Independency & Share Ownership of the Member
Dewan Komisaris of the Board of Commissioners
Setiap anggota Dewan Komisaris membuat pernyataan Each member of the Board of Commissioners shall give a
independensi pada tiap awal tahun untuk menyatakan status statement of independency in the beginning of the year to
independensinya dan pada setiap akhir tahun untuk menyatakan declare his independency status and at the end of the year
apakah selama tahun terakhir terdapat situasi yang memiliki to state whether there were any situation which may be
benturan kepentingan oleh Dewan Komisaris atas tindakan yang categorized as conflict of interest to any action taken by the
dilakukan. Anggota Dewan Komisaris juga berkewajiban untuk Board of Commissioners during the year. A member of the Board
melapor apabila terjadi perubahan status yang mempengaruhi of Commissioners shall also be obliged to report on any change
independensinya termasuk apabila terdapat perubahan of status that affects his independency, including change in
kepemilikan saham baik Pribadi ataupun keluarga di ANTAM share ownership in ANTAM or other company, either personal or
dan atau Perusahaan lain. Sekretaris Dewan Komisaris bertugas family ownership. The Secretary to the Board of Commissioners
memastikan apakah praktik ini telah dilaksanakan sesuai dengan must ensure that the implementation of this practice has been in
prinsip GCG. accordance with the GCG principles.
Sepanjang tahun 2019, tidak terdapat situasi dengan potensi During 2019, there has been no situation with potential conflict
benturan kepentingan yang dihadapi oleh anggota Dewan of interest faced by members of the Board of Commissioners in
Komisaris dalam pengambilan keputusannya sebagaimana making decisions as stated in the Statements of Having Acted
tercantum pada Surat Pernyataan Bertindak Independen dalam Independently in Operational Supervision of the Company that
Pengawasan Operasional Perusahaan yang telah dipublikasikan has been published on the Company’s website.
dalam situs Perusahaan.
Pernyataan Independensi Anggota Dewan Komisaris

Independence Statement of The Board of Commissioners
Gumilar
Pernyataan Agus Surya Anang Sri Dadan Arif Fachrul Robert A.
No. Rusliwa Zaelani
Statement Bakti1 Kusuwardono Kusdiana2 Baharudin2 Razi3 Simanjuntak4
Somantri
1. Kepemilikan saham pribadi pada ANTAM X X X X X X X X
Share ownership on ANTAM
Kepemilikan saham oleh keluarga pada X X X X X X X X
ANTAM
Family Shareholding on ANTAM
Kepemilikan saham pribadi di luar ANTAM √ X X X X √ X X
Share ownership outside of ANTAM
Kepemilikan saham oleh keluarga di luar X X X X X √ X X
ANTAM
Family Shareholding outside of ANTAM
2. Hubungan keluarga sedarah sampai X X X X X X X X
derajat ke-3 (ke tiga), baik menurut garis
lurus maupun garis ke samping ataupun
hubungan yang timbul karena perkawinan
dengan anggota Dewan Komisaris lainnya
atau dengan anggota Direksi.
Consanguinity until the third degree, either
vertically or horizontally or relationship as a
result of marriage with the member of other
Board of Commissioners or with the member
of the Board of Directors.
Pernyataan Independensi Anggota Dewan Komisaris

Independence Statement of The Board of Commissioners
Gumilar
Pernyataan Agus Surya Anang Sri Dadan Arif Fachrul Robert A.
No. Rusliwa Zaelani
Statement Bakti1 Kusuwardono Kusdiana2 Baharudin2 Razi3 Simanjuntak4
Somantri
3. Aktivitas sebagai berikut: X X X X X X X X
• Menjabat sebagai Direktur pada Badan
Usaha milik Negara, Badan Usaha Milik
Daerah atau Badan Usaha Milik Swasta
yang dapat menimbulkan benturan
kepentingan terkait dengan jabatan saya
di ANTAM;
• Menjabat sebagai pengurus partai politik
dan/atau calon/anggota legislatif dan/atau
merupakan calon atau menjabat sebagai
kepala/wakil kepala pemerintahan daerah;
• Jabatan lain yang dapat menimbulkan
benturan kepentingan terkait dengan
jabatan di ANTAM.
Activities as following:
• Acting as a Director for a State Owned
Enterprise, Regional Owned Enterprise or
Private Enterprise that may incite conflict
of interest with my position in ANTAM;
• Acting as an officer of a political party
and/or legislative candidate/member and/
or as candidate or acting as head/vice
head of regional government;
• Other positions that may incite conflict of
interest with position in ANTAM.
4. Menghindari benturan kepentingan yang √ √ √ √ √ √ √ √
dapat berpengaruh pada pengawasan
sebagai Komisaris ANTAM.
Avoid any conflict of interest that may
influence supervision decision as the Board
of Commissioners of ANTAM.
5. Dalam melaksanakan aktivitas fungsi √ √ √ √ √ √ √ √
pengawasan operasional Perusahaan pada
tahun 2019 telah bertindak independen
terutama dalam hal proses pengambilan
keputusan, termasuk tetapi tidak terbatas
pada hal-hal yang tertulis di atas.
During the operational supervision of the
Company in 2019 has acted independently
in decision making process including but not
limited to the above mentioned issues.
1
2
Efektif diangkat tanggal 24 April Appointed effectively on April 24, 2019
3
4
Berdasarkan laporan bulanan Biro Administrasi Efek, According to the monthly report of Securities Administration
PT Datindo Entrycom selaku perusahaan yang bertugas untuk Agency, PT Datindo Entrycom that is assigned to register the
melaksanakan pencatatan pemilik efek, selama tahun 2019 securities ownership, during the year 2019, there has been
tidak terdapat perubahan kepemilikan saham yang dimiliki no change of shares owned by the members of the Board
Dewan Komisaris di Perusahaan. Hal tersebut diperkuat dengan of Commissioners in the company. This information is also
pernyataan Dewan Komisaris yang tertuang dalam Daftar khusus confirmed by the Board of Commissioners’ statement contained
Kepemilikan Saham Dewan Komisaris yang telah dipublikasikan in document of the Special Register of Share Ownership by
di situs Perusahaan. the Board of Commissioners that has been published on the
Company’s website.
Kepemilikan Saham Dewan Komisaris dan Keluarga

Share Ownership of The Board of Commissioners and Their Families
Kepemilikan Saham
Share Ownership
Pribadi pada Perusahaan Keluarga pada
Nama
Pribadi pada ANTAM Keluarga pada ANTAM Lain Perusahaan Lain
Name
Individual at ANTAM Family at ANTAM Individual on other Family on other
Company Company
2018 2019 2018 2019 2018 2019 2018 2019
Agus Surya Bakti1 - - - - - 100 - -
Gumilar Rusliwa Somantri - - - - - - - -
Anang Sri Kusuwardono - - - - - - - -
Zaelani - - - - - - - -
Dadan Kusdiana2 - - - - - - - -
Arif Baharudin2 - - - - - 1.537.300 - 132.000
Fachrul Razi3 - - - - - - - -
Robert A. Simanjuntak 4
- - - - - - - -
1
2
3
4
Agus Surya Bakti: PT Charlie Putra Sandha
Arif Baharudin: BBTN, BDMN
Keluarga Arif Baharudin Family of Arif Baharudin: BUMI, WSKT
Setiap adanya perubahan portofolio kepemilikan saham Dewan For any change of the share ownership portfolio of the members
Komisaris di ANTAM, maka Dewan Komisaris wajib melaporkan of the Board of Commissioners in ANTAM, shall be reported
kepada SVP Corporate Secretary melalui penyerahan Daftar through the submission of share ownership special registers
Khusus Kepemilikan Saham untuk selanjutnya disampaikan to the SVP Corporate Secretary for further submission to the
kepada Otoritas Pasar Modal selambat-lambatnya 3 (tiga) hari Capital Market Authority no later than 3 (three) days after the
sejak terjadinya transaksi. transaction date.
Selama Tahun 2019 tidak terjadi perubahan jumlah kepemilikan saham Dewan
Komisaris di ANTAM
During 2019, there was no change in the number of shares of the Board of Commissioners in
ANTAM
Kebijakan Rangkap Jabatan Dewan Komisaris Policy on Concurrent Positions of The Board of
Commissioners
Menurut Anggaran Dasar Perseroan Pasal 14 Ayat 29, Anggota According to Company’s Articles of Association Articles 14
Dewan Komisaris dilarang memangku jabatan rangkap sebagai: Paragraph 29, Members of the Board of Commissioners shall be
prohibited from having concurrent positions as:
1. Anggota Direksi pada Badan Usaha Milik Negara, Badan 1. Member of the Board of Directors at State-Owned Enterprises
Usaha Milik Daerah, Badan Usaha Milik Swasta, kecuali (SOEs), Regional-Owned Enterprises (ROEs), and Private Owned
anggota Direksi pada Badan Usaha Milik Negara sebagai Enterprises, except members of the Board of Directors in State-
Pemegang Saham Seri B terbanyak; Owned Enterprises as the largest B Series Shareholders;
2. Pengurus partai politik dan/atau calon/anggota DPR, DPD, 2. Management of Political parties and/or candidates/members
DPRD tingkat I, dan DPRD Tingkat II dan/atau calon kepada of DPR, DPD, level I DPRD, and level II DPRD and/or candidates
daerah/wakil kepala daerah; to regions/deputy regional heads;
3. Jabatan lainnya sesuai dengan ketentuan dalam peraturan 3. Other positions are in accordance with the provisions in the
perundang-undangan; legislation;
4. Jabatan lain yang dapat menimbulkan benturan kepentingan. 4. Other positions that can cause conflicts of interest.
Ketentuan mengenai rangkap jabatan Dewan Komisaris ANTAM Regulation of the Board of Commissioners’ concurrent positions
juga tercantum dalam Peraturan Otoritas Jasa Keuangan Nomor also refers to Financial Service Authority Regulation Number 33/
33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten POJK.04/2014 regarding the Issuer or Public Company’s Board
atau Perusahaan Publik serta Peraturan Perundang-Undangan of Directors and Board of Commissioners and others Prevailing
lainnya. Laws and Regulations.
Nama Jabatan pada Perusahaan Lain Jabatan pada Instansi Lain

Name Position on Other Company Position on Other Institution
Agus Surya Bakti1 - -
Gumilar Rusliwa Somantri - - Guru Besar Fakultas Ilmu Sosial dan Ilmu Politik Universitas
Indonesia (2006-sekarang).
- Staf Khusus Wakil Kepala BIN (2017-sekarang)
- Professor of Social and Political Science in University of
Indonesia (2006-now).
- Expert Staff of Vice Head of State Intelligence Agencies
(2017-now)
Anang Sri Kusuwardono - Komisaris Utama PT Prama Bumi Utama (2011-sekarang). -
- Komisaris Utama PT Prama Energi Nusantara (2011-sekarang).
- President Commissioner of PT Prama Bumi Utama
(2011-now).
- President Commissioner of PT Prama Energi Nusantara
(2011-now).
Zaelani - - Sekretaris Utama Badan Intelijen Negara
(2014-Februari 2020)
- Staf Khusus Kepala BIN (Maret 2020-Sekarang)
- Chief Secretary of State Intelligence Agencies
(2014-February 2020)
- Expert Staff of Head of State Intelligence Agencies
(March 2020-now)
Dadan Kusdiana2 - Kepala Badan Penelitian dan Pengembangan Kementerian
Energi dan Sumber Daya Mineral (2019-sekarang).
Head of Research and Development Minstry of Energy and
Mineral Resources (2019-now).
Arif Baharudin2 - Staf Ahli Menteri Keuangan Bidang Kebijakan dan Regulasi Jasa
Keuangan dan Pasar Modal (2017-sekarang).
Expert Staff of the Minister of Finance for Policy and Regulation
of Financial Services and Capital Markets (2017-now).
Fachrul Razi3 - Komisaris Holding Company pada PT Toba Sejahtera -
(2005-2019).
- Komisaris Utama CP Prima (2010-2019).
- Commissioner of Holding Company of PT Toba Sejahtera
(2005-2019).
- President Commissioner CP Prima (2010-2019).
Robert A. Simanjuntak4 - Staf Khusus Menteri Keuangan Bidang Perumusan Kebijakan Fiskal
(2014-sekarang).
Expert Staff of Finance Minister of Fiscal Policy Formulation
(2014-now).
1
2
3
4
Program Pengenalan Perusahaan untuk Dewan Induction Program for The Board of Commissioners
Komisaris
ANTAM melaksanakan program pengenalan bagi anggota ANTAM executes an induction program for the new member
Dewan Komisaris yang baru dengan tujuan memberikan of the Board of Commissioners to provide the full picture of
gambaran atas aktivitas bisnis, rencana perusahaan ke depan, the Company’s business activities, Company’s plans, work
pedoman kerja dan hal lainnya yang menjadi tanggung jawab guidelines and other thing which responsibility falls on the Board
Dewan Komisaris. Program pengenalan diatur dalam Pedoman of Commissioners. The induction program is regulated under
Kerja Dewan Komisaris. Charter of the Board of Commissioners.
Pada tahun 2019, dilakukan program pengenalan perusahaan In 2019, the company induction program for the new Board of
untuk Dewan Komisaris baru sebanyak 2 (dua) kali. Materi Commissioners was held 2 (two) times. The induction materials
pengenalan diberikan oleh SVP Corporate Secretary kepada were given by SVP Corporate Secretary to the new members of
anggota Dewan Komisaris baru yang diangkat sesuai dengan the Board of Commissioners who were appointed in accordance
Keputusan RUPS Tahunan Tahun Buku 2018 yakni kepada Dadan with the Resolution of the Annual GMOS for Fiscal Year 2018
Kusdiana dan Arif Baharudin selaku Komisaris. Penyelenggaraan namely to Dadan Kusdiana and Arif Baharudin as Commissioners.
Program Pengenalan Perusahaan dilaksanakan pada tanggal 30 The Company Induction Program held on April 30, 2019 in the
April 2019 dalam Rapat Dewan Komisaris mengundang Direksi. Board of Commissioners’ meeting inviting the Board of Directors.
Program Pengenalan juga dilaksanakan setelah RUPS Luar Biasa The induction program was also carried out after the Extraordinary
Tahun 2019 kepada Agus Surya Bakti selaku Komisaris Utama GMOS of 2019 to Agus Surya Bakti as President Commissioner
pada tanggal 23 Desember 2019 dalam Rapat Dewan Komisaris on December 23, 2019 at the Board of Commissioners’ Meeting
mengundang Direksi. Selain pemaparan atas Perusahaan, dalam inviting the Board of Directors. In addition to the presentation of
program pengenalan Perusahaan juga disampaikan dokumen- the Company, in the Company induction program also delivered
dokumen penunjang, di antaranya Laporan Tahunan, Rencana supporting documents, including Annual Reports, Corporate
Kerja dan Anggaran Perusahaan (RKAP), Rencana Jangka Panjang Work Plans and Budget (RKAP), Long-Term Business Plan (RJPP),
Perusahaan (RJPP), Anggaran Dasar Perseroan, Kebijakan Tata Company’s Articles of Association, Corporate Governance Policy
Kelola Perusahaan (CGP), Standar Etika Perusahaan, Program (CGP), Code of Conduct, Board of Commissioners Work Programs
Kerja Dewan Komisaris dan Komite Penunjang Dewan Komisaris, and Supporting Committees of the Board of Commissioners,
Piagam Dewan Komisaris, Piagam Direksi dan Piagam Komite Board of Commissioners Charter, Board of Directors Charter and
Penunjang Dewan Komisaris, serta peraturan-peraturan yang Charter Supporting Committee of the Board of Commissioners, as
terkait dengan pelaksanaan tugas Dewan Komisaris. Selain itu, well as regulations related to the carrying out of the duties of the
guna memahami secara langsung proses bisnis Perusahaan, Board of Commissioners. Furthermore, to clearly understand the
program pengenalan Perusahaan juga meliputi kunjungan Company’s business processes, the Company’s induction program
langsung ke Unit/Unit Bisnis Perusahaan. also included direct visits to Unit/Business Units.
Program Pengembangan Kapabilitas Dewan Capability Development Program for The Board
Komisaris of Commissioners
Guna meningkatkan kompetensi dan pengetahuan Dewan In order to enhance the competency and knowledge of
Komisaris dan sejalan dengan program pengembangan Dewan the Board of Commissioners and in line with the Board of
Komisaris sebagaimana tercantum dalam Piagam Dewan Commissioners’ development program as stated in Charter of
Komisaris, yakni bahwa anggota Dewan Komisaris harus the Board of Commissioners, the Board of Commissioners must
senantiasa menambah dan memutakhirkan pengetahuannya constantly add and update their knowledge through training,
melalui kegiatan pelatihan, workshop, seminar, conference, workshops, seminars, conferences or in the form of work visits
ataupun dalam bentuk kunjungan kerja serta banding kaji and benchmarking, the following Training and Development
(benchmark), maka pada tahun 2019 realisasi Program Pelatihan Programs were held and attended by the Board of Commissioners
dan Pengembangan yang dilakukan oleh Dewan Komisaris during 2019:
yakni:
Nama Tanggal Program Pelatihan dan Pengembangan Lokasi

Name Date Training & Development Program Location
Agus Surya Bakti1 23 Desember 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
Komisaris Utama December 23, 2019 Induction Program for BOC and BOD
President Commissioner
Gumilar Rusliwa Somantri 21-23 Januari 2019 Kunjungan Kerja ke PT Indonesia Chemical Alumina dan Proyek Sanggau, Kalimantan Barat
Komisaris Independen January 21-23, 2019 Smelter Grade Alumina Refinery Sanggau, West Kalimantan
Independent Commissioner Working Visit to PT Indonesia Chemical Alumina and Smelter Grade
Alumina Refinery Project
29 Juni-1 Juli 2019 Kunjungan Kerja ke UBP Nikel Maluku Utara Halmahera Timur, Maluku
June 29-July 1, 2019 Working Visit to North Maluku Nickel Mining Business Unit Utara
East Halmahera, North
Maluku
24-25 Juli 2019 2019 IIA Indonesian National Conference: Empowering Solo, Jawa Tengah
July 24-25, 2019 Internal Auditors, Embracing the 4IR Solo, Central Java
Anang Sri Kusuwardono 21-23 Januari 2019 Kunjungan Kerja ke PT Indonesia Chemical Alumina dan Proyek Sanggau, Kalimantan Barat
Komisaris Independen January 21-23, 2019 Smelter Grade Alumina Refinery Sanggau, West Kalimantan
Independent Commissioner Working Visit to PT Indonesia Chemical Alumina and Smelter Grade
Zaelani 21-23 Januari 2019 Kunjungan Kerja ke PT Indonesia Chemical Alumina dan Proyek Sanggau, Kalimantan Barat
Komisaris January 21-23, 2019 Smelter Grade Alumina Refinery Sanggau, West Kalimantan
Commissioner Working Visit to PT Indonesia Chemical Alumina and Smelter Grade

Dadan Kusdiana2 30 April 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
Komisaris April 30, 2019 Induction Program for BOC and BOD
Commissioner
Arif Baharudin2 30 April 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
Komisaris April 30, 2019 Induction Program for BOC and BOD
Commissioner
29 Juni-1 Juli 2019 Kunjungan Kerja ke UBP Nikel Maluku Utara Halmahera Timur, Maluku
June 29-July 1, 2019 Working Visit to North Maluku Nickel Mining Business Unit Utara
East Halmahera, North
Maluku
1
2
Efektif diangkat tanggal 24 April 2019 Appointed effectively on March 26, 2019
3
4
Fokus Pengawasan serta Realisasi Pelaksanaan Supervision Focus Areas and Realization of
Tugas dan Tanggung Jawab Dewan Komisaris the Board of Commissioners’ Duties and
Tahun 2019 Responsibilities in 2019
Dengan memperhatikan isu-isu penting yang menjadi tantangan By considering the important issues that become challenges for
pengawasan Dewan Komisaris, maka dengan dukungan Komite the Board of Commissioners to carry out their supervisory duties,
Penunjang Dewan Komisaris, Dewan Komisaris konsisten with the support of the Supporting Committee, the Board of
melaksanakan pengawasan di antaranya dengan: Commissioners consistently performs the supervision by, among
others:
Memperhatikan hal-hal Memperhatikan Fokus, proaktif, intensif Meningkatkan kerja sama

yang sifatnya strategis, penanganan GCG, serta konsisten dalam sinergi antar Komite
disamping hal-hal yang isu sosial, lingkungan melakukan pengawasan dan Komite dengan
sifatnya rutin dan jangka dan berfungsinya Divisi mitra kerjanya
pendek IT Governance serta Focus, proactive, intensive dalam mencapai target
pengendalian internal and consistent in monitoring Perusahaan
Pay attention to strategic yang berbasis manajemen
issues, besides routine and risiko Improving cooperation
short-term matters between the Committee
Pay attention to the and the synergy of the
implementation of Committee with the
GCG, social issues, the Division of its partners in
environment achieving the Company’s
and IT Governance function target.
and internal control-based
risk management
Selama Tahun Buku 2019, Dewan Komisaris telah melaksanakan During Financial Year 2018, the Board of Commissioners has
tugas pengawasan atas kegiatan operasional Perusahaan, di performed the following supervisory duties over the Company’s
antaranya: operations:
1. Membuat Program Kerja dan Anggaran Dewan Komisaris 1. Preparing Work Plan and Budget of the Board of
Tahunan 2020; Commissioners for 2020;
2. Membuat laporan pelaksanaan pengawasan Dewan 2. Preparing reports on the implementation of the supervisory
Komisaris Tahun Buku 2019; function of the Board of Commissioners for Financial Year
3. Mengevaluasi usulan besaran Insentif Kerja Tahun Buku 2019;
2018 dan Remunerasi Direksi Perseroan Tahun Buku 2019; 3. Evaluating the amount of work incentive for the Financial
4. Melakukan penilaian kinerja Direksi Tahun Buku 2019; Year 2018 and Remuneration of the Board of Directors for
5. Melakukan penilaian kinerja Dewan Komisaris Tahun 2019 Financial Year 2019;
dengan metode self-assessment; 4. Carrying out an assessment of the Board of Directors’
6. Meneliti dan menelaah laporan-laporan dari Komite performance 2019;
Penunjang Dewan Komisaris yang menjadi perpanjangan 5. Carrying out an assessment of the Board of Commissioners’
tangan Dewan Komisaris dalam melaksanakan fungsi performance of 2019 using self-assessment method;
pengawasan Dewan Komisaris; 6. Reviewing and analyzing the reports received from the Board
7. Menyelenggarakan rapat internal Dewan Komisaris of Commissioners’ Supporting Committee, who became the
dan rapat yang mengundang Direksi serta memberikan representative of the Board of Commissioners in executing
pandangan atas laporan kinerja bulanan dan tahunan the supervisory function of the Board of Commissioners;
Direksi serta terhadap hal-hal lainnya yang diperlukan; 7. Convening the Board of Commissioners’ internal meetings
8. Melaporkan hasil pelaksanaan tugas pengawasan Dewan and the Board of Commissioners’ meetings inviting the
Komisaris kepada Pemegang Saham Seri A Dwiwarna tepat Board of Directors and its staff, as well as giving opinion
pada waktunya (triwulanan) dan tahunan dalam RUPS tahun on the Board of Directors’ monthly performance report and
2019; other matters if required;
9. Mengikuti perkembangan kegiatan Perseroan baik dari 8. Reporting the results of the implementation of the Board
informasi-informasi internal yang disediakan oleh Perseroan of Commissioners’ supervisory duties to Series A Dwiwarna
maupun dari informasi-informasi eksternal yang berasal dari Shareholders in a timely manner (quarterly) and annually in
media maupun dari sumber-sumber lainnya dalam Tahun the GMOS 2019;
2019; 9. Keeping abreast of the development of the Company’s
10. Melakukan kajian atas permintaan persetujuan tertulis dari activities either from internal information provided by the
Direksi atas hal-hal sesuai ketentuan dalam Anggaran Dasar Company or from external information generated by media
Perseroan dan/atau peraturan perundang-undangan. or any other sources during 2019;
10. Review the request for written approval from the Board
of Directors on matters in accordance with the Company’s
Articles of Association and/or the laws and regulations.
Selama tahun 2019, transaksi atau tindakan yang dilakukan During 2019, transactions or actions made by the Board of Directors
oleh Direksi Perusahaan yang memerlukan persetujuan tertulis of the Company that require the written approval of The Board of
dari Dewan Komisaris sesuai dengan Anggaran Dasar Perseroan Commissioners in accordance with the Articles of Association of the
Pasal 12 Ayat (7.i) antara lain sebagai berikut: Company Article 12 Paragraph (7.i), among other:
1. Persetujuan atas Transaksi Jual Beli Tanah yang dimiliki oleh 1. Approval of the Sales and Purchase of Land owned by
PT ANTAM Tbk kepada PT Borneo Alumina Indonesia melalui PT ANTAM Tbk to PT Borneo Alumina Indonesia through
surat Nomor 136/DK/SRT/II/2019 tanggal 27 Februari 2019; letter Number 136/DK/SRT/II/2019 dated February 27, 2019;
2. Persetujuan Penyaluran Dana Program Kemitraan (PK) 2. Approval for Distribution of Partnership Program (PK) Funds
Melalui BUMN Khusus melalui surat Nomor 164/DK/SRT/ through a Special SOE through letter Number 164/DK/SRT/
III/2019 tanggal 21 Maret 2019; III/2019 dated March 21, 2019;
3. Persetujuan Penggantian Komisaris Anak Perusahaan Pada 3. Approval for the Replacement of Commissioners of
PT GAG Nikel melalui surat Nomor 189/DK/SRT/III/2019 Subsidiaries in PT GAG Nickel through letter Number 189/
tanggal 8 April 2019; DK/SRT/III/2019 dated April 8, 2019;
4. Persetujuan Optimasi Aset Non Produktif melalui surat 4. Approval of Non-Earning Asset Optimization through letter
Nomor 203/DK/SRT/IV/2019 tanggal 16 April 2019; Number 203/DK/SRT/IV/2019 dated April 16, 2019;
5. Persetujuan Atas Perubahan Peraturan Dana Pensiun melalui 5. Approval of Amendments to the Pension Fund Regulation
surat Nomor 215/DK/SRT/IV/2019 tanggal 23 April 2019; through letter Number 215/DK/SRT/IV/2019 dated April 23,
2019;
6. Persetujuan atas Usulan dan Penetapan Rotasi Jabatan 6. Approval of Proposal and Determination of Position of SVP
SVP Corporate Secretary melalui surat Nomor 248/DK/ Corporate Secretary Position through letter Number 248/DK
SRT/V/2019 tanggal 8 Mei 2019; SRT/V/2019 dated May 8, 2019;
7. Persetujuan Perubahan Penggunaan Tambahan Dana 7. Approval of Amendment to the Additional Use of the
Penyertaan Modal Negara (PMN) dari Proyek Anode Slime ke State Capital Participation Fund (PMN) from the Slime
Pendanaan Proyek Pembangunan Fasilitas dan Infrastruktur Anode Project to Funding for the Supporting Facilities and
Pendukung (P2FIP) melalui surat Nomor 258/DK/SRT/V/2019 Infrastructure Development Project (P2FIP) through letter
tanggal 10 Mei 2019; Number 258/DK/SRT/V/2019 dated May 10, 2019;
8. Penunjukan Akuntan Publik dari KAP Tanudiredja, Wibisana, 8. Appointment of Public Accountants from KAP Tanudiredja,
Rintis dan Rekan/KAP PWC sebagai Auditor Laporan Wibisana, Rintis and Partners/KAP PWC as an Auditor of
Keuangan Konsolidasian ANTAM Tahun Buku 2019 melalui ANTAM’s 2019 Consolidated Financial Statements through
surat Nomor 272/DK/SRT/V/2019 tanggal 20 Mei 2019; Letter Number 272/DK/SRT/V/2019 dated May 20, 2019;
9. Persetujuan dan Penetapan Perubahan Struktur Organisasi 9. Approval and Determination of Changes in Organizational
Kantor Pusat dan Proyek melalui surat Nomor 285/DK/ Structure of Headquarters and Projects through letter
SRT/V/2019 tanggal 29 Mei 2019; Number 285/DK/SRT/V/2019 dated May 29, 2019;
10. Persetujuan Optimasi Aset Non Produktif Kapal Sungai Jang 10. Approval of Non-Productive Asset Ship Sungai Jang in
di UBP Nikel Sulawesi Tenggara melalui surat Nomor 312/ Southeast Sulawesi Nickel Mining Business Unit through
DK/SRT/VI/2019 tanggal 18 Juni 2019. letter Number 312/DK/SRT/VI/2019 dated June 18, 2019.
Penilaian atas Kinerja Komite Penunjang Dewan Assessment of the Performance of the Board of
Komisaris Commissioners’ Supporting Committee
Evaluasi terhadap kinerja anggota Komite Penunjang Dewan The evaluation of the performance of members of the Board
Komisaris dilakukan baik secara individual maupun secara of Commissioners’ Supporting Committee, either individually or
kolektif dengan periode setiap 1 (satu) tahun secara self- collectively, is carried out every year through self-assessment by
assessment dengan menggunakan metode evaluasi dalam suatu using evaluation method in a system determined in the Decision
sistem yang ditetapkan dalam Keputusan Dewan Komisaris. of the Board of Commissioners. The result of performance
Hasil evaluasi kinerja anggota Komite Penunjang Dewan evaluation of members of the Board of Commissioners’
Komisaris menjadi bahan penilaian untuk perpanjangan masa Supporting Committee serves as an assessment factor for
kerja anggota Komite Penunjang Dewan Komisaris untuk determining the period extensions of members of the Board of
tahun berikutnya. Penilaian di antaranya meliputi kehadiran Commissioners’ Supporting Committee for the following year.
dalam rapat, kemampuan bekerja sama dan berkomunikasi The evaluation, among others, covers attendance in a meeting,
secara aktif sesama anggota Komite, integritas, kemampuan capability for establishing active cooperation and communication
memahami visi misi dan rencana strategis ANTAM, serta kualitas with peer members of the Committee, integrity, ability to
atas saran/rekomendasi yang diberikan terkait program kerja understand vision, mission and strategic plans of ANTAM,
masing-masing Komite Penunjang Dewan Komisaris. and quality of advices/recommendations given in relation to
the respective work program of the Board of Commissioners’
Supporting Committee.
Pada tahun 2019, capaian Kinerja Komite Audit sebesar In 2019, achievement of Audit Committee was 133.65%,
133,65%, Komite GCG-NR sebesar 101,62% serta Komite GCG-NR Committee Performance was 101.62%, and Risk
Manajemen Risiko sebesar 109,50%. Adapun detil penjelasan Management Committee was 109.50%. Detailed explanation
dari penilaian kinerja masing-masing Komite Penunjang Dewan on the performance assessment of the Supporting Committee
Komisaris tercantum dalam Laporan Tahunan ini pada bagian of the Board of Commissioners is available in Supporting
Komite Penunjang Dewan Komisaris. Committee section of this Annual Report.
Direksi
The Board Of Directors
Direksi adalah organ perusahaan yang bertanggung jawab penuh The Board of Director is the company’s organ which is fully
atas pengurusan perusahaan untuk kepentingan dan tujuan responsible in company management for the purpose and
perusahaan serta mewakili perusahaan baik di dalam maupun di luar objectives of the company, as well as representing the company
pengadilan sesuai dengan ketentuan Anggaran Dasar Perseroan. both inside and outside of court in accordance with the
Company’s Articles of Association.
Masing-masing anggota Direksi dapat melaksanakan tugas Each member of the Board of Directors shall perform his decision-
pengambilan keputusan sesuai dengan pembagian tugas making duty in accordance with the segregation of duties and
dan wewenangnya, namun pelaksanaan tugas oleh masing- authorities of the Board of Directors. However, the execution
masing anggota Direksi tetap merupakan tanggung jawab of duties by each member of the Board of Directors remains
bersama. Kedudukan masing-masing anggota Direksi termasuk a collective responsibility. The position of each member of the
Direktur Utama adalah setara. Tugas Direktur Utama adalah Board of Directors including the President Director is equivalent.
mengkoordinasikan seluruh kegiatan Direksi. The duties of the President Director is coordinating all of the
Board of Directors’ activities.
Kriteria dan Proses Pengangkatan Anggota Criteria and Process of Appointment of Members
Direksi of the Board of Directors
ANTAM memiliki kriteria persyaratan calon anggota Direksi yang ANTAM has requirement criteria for the member candidate of
terdapat dalam Anggaran Dasar Perseroan dan Charter Direksi. the Board of Directors as specified in the Company’s Articles of
Anggota Direksi ANTAM adalah orang perseorangan yang Association and Charter of the Board of Directors. Member of the
memenuhi persyaratan sebagai berikut: Board of Directors of ANTAM is an individual with the following
1. Mempunyai akhlak, moral, dan integritas yang baik; qualification:
2. Cakap melakukan perbuatan hukum; 1. Have good character, morals, and integrity;
3. Dalam 5 (lima) tahun sebelum pengangkatan dan selama 2. Competent in performing legal acts;
menjabat: 3. Within 5 (five) years prior to his appointment and during his
a. Tidak pernah dinyatakan pailit; tenure:
b. Tidak pernah menjadi anggota Direksi dan/atau a. Has not been declared bankrupt;
anggota Dewan Komisaris yang dinyatakan bersalah b. Has never been a member of the Board of Directors and/or
menyebabkan suatu perusahaan dinyatakan pailit; member of the Board of Commissioners declared guilty for
c. Tidak pernah dihukum karena melakukan tindak pidana causing a company bankrupt;
yang merugikan keuangan negara dan/atau yang c. Has never been convicted of a criminal offense that is
berkaitan dengan sektor keuangan; dan detrimental to the country’s financial and/or relating to the
d. Tidak pernah menjadi anggota Direksi dan/atau anggota financial sector; and
Dewan Komisaris yang selama menjabat: d. Has never been a member of the Board of Directors and/or
• Pernah tidak menyelenggarakan RUPS tahunan; a member of the Board of Commissioners during his term
• Pertanggungjawabannya sebagai anggota Direksi of office:
dan/atau anggota Dewan Komisaris pernah tidak • Never hold an Annual GMOS;
diterima oleh RUPS atau pernah tidak memberikan • His accountability as a member of the Board of Directors
pertanggungjawaban sebagai anggota Direksi dan/ and/or a member of the Board of Commissioners
atau anggota Dewan Komisaris kepada RUPS; dan was ever not accepted by the GMOS or has never
• Pernah menyebabkan perusahaan yang memperoleh conveyed an accountability report as a member of the
izin, persetujuan, atau pendaftaran dari OJK tidak Board of Directors and/or a member of the Board of
memenuhi kewajiban menyampaikan laporan Commissioners to the GMOS; and
tahunan dan/atau laporan keuangan kepada OJK. • Has had a company holding a permit, approval, or
4. Memiliki komitmen untuk mematuhi peraturan perundang- registration from the Financial Services Authority fails
undangan; to fulfill its obligation to submit annual reports and/or
5. Memiliki pengetahuan dan/atau keahlian di bidang yang financial reports to the Financial Services Authority.
dibutuhkan Perseroan; dan 4. Have commitment to comply with prevailing laws and
regulations;
5. Have knowledge and/or expertise in the fields required by the
Company; and
6. Memenuhi persyaratan lainnya sebagaimana ditentukan dalam 6. Fulfill other requirements as determined in the Limited Liability
Undang-Undang Perseroan Terbatas, Peraturan Pasar Modal Company Law, Capital Market Regulation and other prevailing
dan Peraturan Perundang-Undangan lainnya yang berlaku. laws and regulations.
Kebijakan Suksesi Direksi Policy of The Board of Director Succession

Untuk menyiapkan pimpinan Perusahaan, khususnya anggota To prepare company leaders, especially members of the Board
Direksi yang professional, berintegritas, berdedikasi dan of Directors who are professional, with integrity, dedicated and
memiliki kompetensi dalam menjalankan kegiatan Operasional competent in carrying out the Company’s operational activities,
Perusahaan, maka Persyaratan pencalonan Direksi yang akan the Board of Directors nomination requirements to be determined
ditetapkan dalam RUPS mengacu pada Anggaran Dasar in the GMOS refers to the Company’s Articles of Association,
Perseroan, Peraturan Otoritas Jasa Keuangan (POJK) Nomor 33/ Financial Services Authority Regulation Number 33/POJK.04/2014
POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau concerning Directors and Commissioners of Issuers or Public
Perusahaan Publik dan Peraturan Perundang-undangan lainnya. Companies and other Legislation. As stated in Financial Services
Sebagaimana tercantum dalam POJK Nomor 33/POJK.04/2014, Authorities Regulation Number 33/POJK.04/2014, the proposal for
usulan pengangkatan, pemberhentian, dan/atau penggantian the appointment, dismissal, and/or replacement of members of the
anggota Direksi kepada RUPS harus memperhatikan rekomendasi Board of Directors to the GMOS must consider the recommendations
dari Dewan Komisaris atau komite yang menjalankan fungsi of the Board of Commissioners or the committee that carries out the
nominasi. Dalam hal ini ANTAM memiliki Komite GGG, Nominasi nomination function. In this case ANTAM has a GGG, Nomination
& Remunerasi (Komite GCG-NR) yang memiliki peran dalam & Remuneration Committee (GCG-NR Committee) which has a role
proses pencalonan Anggota Direksi Perseroan. in the nomination process of the Company’s Board of Directors.
Selain itu, sebagaimana tercantum dalam Anggaran Dasar In addition, as stated in the Company’s Articles of Association
Perseroan Pasal 5 Ayat 4 huruf c.2, Pemegang Saham Seri A Article 5 Paragraph 4 letter c.2, the Series A Dwiwarna
Dwiwarna mempunyai hak istimewa untuk mengusulkan Shareholders have the privilege to propose candidates for the
calon Anggota Direksi dan calon Anggota Dewan Komisaris. Board of Directors and prospective members of the Board of
Pada Pasal 5 ayat 4 huruf e mengatur tentang pelaksanaan Commissioners. In Article 5 paragraph 4 letter e regulates the
terhadap hak istimewa Pemegang Saham Seri A Dwiwarna yang implementation of the privileges of the Series A Dwiwarna
dapat dikuasakan kepada pemegang saham seri B terbanyak Shareholders can be authorized to the majority of the Company’s
Perseroan. Berdasarkan Surat Kuasa Khusus Pemegang Saham Series B shareholders. Based on the Special Power of Attorney
Seri A Dwiwarna kepada PT Indonesia Asahan Aluminium of Series A Dwiwarna Shareholders to PT Indonesia Asahan
(Persero) Nomor SKK-14/MBU/5/2018 tanggal 31 Mei 2018, Aluminium (Persero) Number SKK-14/MBU/5/2018 dated May
Pemegang Saham Seri A Dwiwarna memberikan kuasa kepada 31, 2018, Shareholders of Series A Dwiwarna give authority
PT Indonesia Asahan Aluminium (Persero) selaku pemegang to PT Indonesia Asahan Aluminium (Persero) as majority of the
saham seri B terbanyak Perseroan untuk mengusulkan calon Company’s Series B shareholders to propose candidates for the
anggota Direksi dan calon anggota Dewan Komisaris Perseroan. Board of Directors and prospective members of the Company’s
Board of Commissioners.
PT Indonesia Asahan Aluminium (Persero) menetapkan proses PT Indonesia Asahan Aluminium (Persero) establish nomination
nominasi calon Direksi berdasarkan Surat Keputusan Direksi PT process for Board of Directors on Decree of Board of Directors
Indonesia Asahan Aluminium (Persero) Nomor SK-022/DIR/2018 of PT Indonesia Asahan Aluminium (Persero) Number SK-022/
tentang Komite Remunerasi dan Nominasi Holding Industri DIR/2018 concerning Remuneration and Nomination Committee
Pertambangan tanggal 27 Agustus 2018. Merujuk pada hal of Mining Industry Holding dated on August 27, 2018. Referring
tersebut, sumber nominasi anggota Direksi dapat berasal dari: to this matter, the source of nominations for members of the
a. Anggota Direksi Perusahaan Anggota Holding, Anak Board of Directors may come from:
Perusahaan Anggota Holding, dan/atau Anak Perusahaan a. Members of The Holding Company Member Director,
Holding; Subsidiaries of Holding Member and/or Holding Subsidiaries;
b. Pejabat internal Perusahaan Anggota Holding, Anak b. Internal Membership of The Holding Company, Subsidiary
Perusahaan Anggota Holding dan/atau Anak Perusahaan Members of the Holding Company and/or Holding
Holding minimal dua tingkat di bawah Direksi; Subsidiaries at least two levels below the Board of Directors;
c. Sumber lain yang memiliki reputasi baik, relevan dan dapat c. Other sources that have a good reputation, relevant and
dipertanggungjawabkan. accountable.
Dalam proses pengusulan calon anggota Direksi dan calon In the process of proposing candidates for the Board of
anggota Dewan Komisaris Perseroan yang berasal dari Internal Directors and prospective members of the Company’s Board
ANTAM, PT Indonesia Asahan Aluminium (Persero) melibatkan of Commissioners from Internal ANTAM, PT Indonesia Asahan
Dewan Komisaris dan Komite GCG-NR Perseroan dalam proses Aluminium (Persero) involved the Board of Commissioners and
Fit and Proper Test dengan sumber calon merupakan pegawai 1 GCG-NR Committee in the Fit and Proper Test process for the
(satu) level di bawah Direksi dengan memperhatikan visi, misi, employee of 1 (one) level below the Board of Directors who has
dan rencana strategis ANTAM dan telah memenuhi kualifikasi met the qualifications by considering the vision, mission and
setelah mengikuti asesmen yang dilakukan oleh Lembaga ANTAM’s strategic plans and after participating in assessments
Independen. Pada tahun 2019 asesmen dilakukan oleh PT Daya conducted by Independent Institutions. In 2019 the assessment
Dimensi Indonesia. was carried out by PT Daya Dimensi Indonesia.
Selanjutnya, seluruh bakal calon baik yang berasal dari Internal Furthermore, all prospective candidates from both the Internal
Perseroan maupun di luar Perseroan, akan dievaluasi oleh Company and outside the Company will be evaluated by PT
PT Indonesia Asahan Aluminium (Persero) untuk selanjutnya Indonesia Asahan Aluminium (Persero) for further submission to
disampaikan kepada Kementerian Badan Usaha Milik Negara the Ministry of SOE before being proposed at the GMOS.
sebelum diusulkan dalam RUPS.
Susunan dan Komposisi Direksi Structure and Composition of The Board of

Directors
Komposisi dan jumlah anggota Direksi ditetapkan oleh RUPS The composition and number of member of the Board of
dengan memperhatikan visi, misi ANTAM untuk memungkinkan Directors are determined by the GMOS by considering the vision,
pengambilan keputusan yang efektif, tepat dan cepat, dapat mission of ANTAM to enable the creation of effective, proper,
dipertanggungjwabkan serta melaksanakan operasional quick and accountable decisions making, as well as strategical
Perusahaan dengan penuh strategi. undertaking of the Company’s operations.
Pada tahun 2019 terjadi perubahan komposisi Direksi In 2019 there was a change in composition of the Board of
berdasarkan keputusan RUPS Tahunan tanggal 24 April 2019. Directors based on Annual General Meeting of Shareholders
Hari Widjajanto diangkat sebagai anggota Direksi Perseroan Resolution on April 24, 2019. Hari Widjajanto was appointed as
sejak tanggal 26 Maret 2014 dan telah menjabat selama 5 a member of the Board of Directors on March 26, 2014 and has
(lima) tahun. Dengan demikian pada tanggal 26 Maret 2019 served for 5 (five) years. Thus on March 26, 2019 Hari Widjajanto
Hari Widjajanto telah menyelesaikan masa jabatan pertamanya had completed his term of office as Director.
sebagai Direktur.
RUPS Tahunan memberhentikan dengan hormat dari jabatannya The Annual GMOS respectfully dismisses from his position Hari
Hari Widjajanto, Johan N.B. Nababan, dan Tatang Hendra Widjajanto, Johan N.B. Nababan, and Tatang Hendra as members
sebagai anggota Direksi Perseroan. Kemudian, RUPS Tahunan of the Company's Board of Directors. Then, the Annual General
mengangkat Hartono sebagai Direktur Operasi dan Produksi, Meeting of Shareholders was appointed Hartono as Director of
Aprilandi Hidayat Setia sebagai Direktur Niaga, dan Luki Operation and Production, Aprilandi Hidayat Setia as Director
Setiawan Suardi sebagai Direktur Sumber Daya Manusia dengan of Commerce, and Luki Setiawan Suardi as Director of Human
masa jabatan terhitung sejak ditutupnya RUPS dan berakhir Resources which term of office commences from the closure of
pada penutupan RUPS Tahunan yang kelima tanpa mengurangi this GMOS and ending on the closure of the Fifth Annual GMOS
hak RUPS untuk memberhentikan sewaktu-waktu sebelum without prejudice to the right of the GMOS to dismiss any of
masa jabatannya berakhir. such members at any time.
Pada RUPS Luar Biasa terjadi perubahan susunan pengurus At the Extraordinary GMOS, there was a change in the
Perseroan yakni pemberhentian dengan hormat dari jabatannya composition of the Company's management, namely the
Arie Prabowo Ariotedjo, Dimas Wikan Pramudhito dan Sutrisno respectful dismissal from their positions Arie Prabowo Ariotedjo,
S. Tatetdagat. Kemudian RUPS Luar Biasa mengangkat Dana Dimas Wikan Pramudhito and Sutrisno S. Tatetdagat. Then the
Amin sebagai Direktur Utama, Anton Herdianto sebagai Direktur Extraordinary GMOS appointed Dana Amin as President Director,
Keuangan, dan Risono sebagai Direktur Pengembangan Usaha Anton Herdianto as Director of Finance and Risono as Director of
dengan masa jabatan terhitung sejak ditutupnya RUPS Luar Business Development with term of office commences from the
Biasa dan berakhir pada penutupan RUPS Tahunan yang kelima closure of this Extraordinary GMOS and ending on the closure of
setelah tanggal pengangkatan, yaitu pada RUPS Tahunan Tahun the Fifth Annual GMOS Financial Year 2023, without prejudice
Buku 2023, tanpa mengurangi hak RUPS untuk sewaktu-waktu to the rights of the GMOS to dismiss the members of the Board
memberhentikan anggota Direksi sebelum masa jabatannya of Directors at any time before their term of office expires at
berakhir. any time.
Dengan demikian komposisi Direksi ANTAM per 31 Desember Accordingly, ANTAM’s the Board of Directors composition as of
2019 sebagai berikut: December 31, 2019 are as follows:
Dana Amin Hartono Aprilandi Hidayat Luki Setiawan Suardi Anton Herdianto Risono
Direktur Utama Direktur Operasi dan Setia Direktur Sumber Daya Direktur Keuangan Direktur Pengembangan
President Director Produksi Direktur Niaga Manusia Director of Finance Usaha
Director of Operation Director of Commerce Director of Human Director of Business
and Production Resources Development
Nama Jabatan Dasar Pengangkatan

Name Position Appointment Basis
Dana Amin Direktur Utama Keputusan RUPS Luar Biasa tanggal 19 Desember 2019
President Director Resolution of Extraordinary GMOS on December 19, 2019
Hartono Direktur Operasi dan Produksi Keputusan RUPS Tahun Buku 2018 tanggal 24 April 2019
Director of Operation and Production Resolution of GMOS of Financial Year 2018 on April 24, 2019
Aprilandi Hidayat Setia Direktur Niaga Keputusan RUPS Tahun Buku 2018 tanggal 24 April 2019
Director of Commerce Resolution of GMOS of Financial Year 2018 on April 24, 2019
Luki Setiawan Suardi Direktur Sumber Daya Manusia Keputusan RUPS Tahun Buku 2018 tanggal 24 April 2019
Director of Human Resources Resolution of GMOS of Financial Year 2018 on April 24, 2019
Anton Herdianto Direktur Keuangan Keputusan RUPS Luar Biasa tanggal 19 Desember 2019
Director of Finance Resolution of Extraordinary GMOS on December 19, 2019
Risono Direktur Pengembangan Usaha Keputusan RUPS Luar Biasa tanggal 19 Desember 2019
Director of Business Development Resolution of Extraordinary GMOS on December 19, 2019
Masa Jabatan Direksi Term of Office of the Board of Directors

Para Anggota Direksi diangkat untuk jangka waktu terhitung The members of the Board of Directors shall be appointed for a period
sejak ditutupnya atau tanggal yang ditetapkan oleh RUPS yang commencing from the date of the closure of GMOS or the date
mengangkatnya dan berakhir pada penutupan RUPS Tahunan stipulated by the GMOS appointing them and ending at the closure
yang ke-5 (lima) setelah tanggal pengangkatannya, dengan of the 5th Annual General Meeting of Shareholders after the date of
syarat tidak boleh melebihi jangka waktu 5 (lima) tahun, dengan their appointments but shall not exceed 5 (five) years. The term of
memperhatikan peraturan perundang-undangan di bidang Pasar office of the Board of Directors’ member shall be in accordance with
Modal, namun dengan tidak mengurangi hak dari RUPS untuk the Capital Market regulations, but without prejudice to the rights of
sewaktu-waktu dapat memberhentikan para Anggota Direksi the GMOS to dismiss the members of the Board of Directors at any
sebelum masa jabatannya berakhir. Setelah masa jabatannya time before their term of office expires. After their terms of office
berakhir, Direksi tersebut dapat diangkat kembali oleh RUPS expired, members of the Board of Directors may be reappointed by
untuk 1 (satu) kali masa jabatan. the GMOS for another 1 (one) term.
Mengacu pada Pasal 11 Ayat 24 Anggaran Dasar Perseroan, Referring to Article 11 Paragraph 24 of the Company’s Articles of
jabatan anggota Direksi berakhir apabila: Association, the term of office of the Board of Directors shall expire if:
a. Pengunduran dirinya telah efektif; a. His/Her resignation has been effective;
b. Meninggal dunia; b. Demise;
c. Masa jabatannya berakhir; c. His/Her term of office is expire;
d. Diberhentikan berdasarkan keputusan RUPS; d. Dismissed under GMOS;
e. Dinyatakan pailit oleh Pengadilan Niaga yang telah e. Declared bankrupt by Commercial Court having permanent
mempunyai kekuatan hukum yang tetap atau ditaruh di legal force or placed under an ability according to a court
bawah pengadilan berdasarkan suatu Putusan Pengadilan; decision; and
dan f. No longer qualified as the member of the Board of
f. Tidak lagi memenuhi persyaratan sebagai anggota Direksi Directors pursuant to Articles of Association and other law
berdasarkan Anggaran Dasar Perseroan dan Peraturan and regulations include but not limited to the prohibited
perundang-undangan lainnya termasuk tidak terbatas pada concurrent position.
rangkap jabatan yang dilarang.
Kebijakan terkait Pengunduran Diri Direksi Policies Relating to Resignation of the Board of
Apabila Terlibat dalam Kejahatan Keuangan Directors If Involved in a Financial Crime
Apabila dalam menjalankan tugasnya, Direksi terlibat dalam If in carrying out its duties, the BOD is involved in financial
kejahatan keuangan, maka tindak lanjut yang dilakukan crimes, then the follow-up action taken by the Company shall
Perusahaan mengacu pada ketentuan dalam Anggaran Dasar refer to the provisions of the Company’s Articles of Association
Perseroan dan peraturan perundang-undangan yang berlaku. and prevailing laws and regulation.
Pedoman Kerja Direksi The Board of Directors’ Charter

Direksi ANTAM mempunyai Pedoman Kerja Direksi atau The Board of Directors of ANTAM has had the Board of Directors’
Charter Direksi yang senantiasa dievaluasi secara berkala agar Charter that is regularly evaluated in order to be consistent with
sejalan dengan perubahan peraturan perundang-undangan the amendments to the prevailing laws and regulations and
yang berlaku dan disesuaikan dengan kebutuhan Perusahaan. tailored to the needs and development of the Company. The
Pedoman Kerja Direksi telah ditandatangani oleh Direksi pada Board of Directors’ Charter was signed by the Board of Directors
tanggal 1 April 2016 yang merupakan pengkinian dari Charter on April 1, 2016 which is an updated version of the Board
Direksi tanggal 9 November 2015 dan telah diunggah ke situs of Directors’ Charter dated November 9, 2015 and has been
Perusahaan. uploaded on the Company’s website.
I. Pendahuluan I. Introduction
• Latar Belakang • Background
• Visi dan Misi Direksi • Vision and Mission of the BOD
• Maksud dan Tujuan • Purpose and Objectives
II. Pembentukan, Organisasi, dan Masa Kerja II. Establishment, Organization and Service Period
• Dasar Hukum • Legal Basis
• Pengangkatan dan Pemberhentian • Appointment and Dismissal
• Tujuan dan Kedudukan dalam Organisasi • Purpose and Position in Organization
Cakupan Charter • Organisasi Direksi
III. Tugas, Tanggung Jawab dan Kewenangan
• Organization of the BOD
III. Duties, Responsibilities and Authorities
Direksi • Tugas dan Tanggung Jawab • Duties and Responsibilities
• Wewenang • Authority
Scope of The • Pembagian Tugas dan Wewenang Setiap • Distribution of Duties and Authorities of BOD
Board of Directors’ Anggota Direksi
• Pendelegasian Wewenang
Member
• Authorities Delegation
Charter • Fungsi Utama Pendukung Direksi • Supporting Function of the BOD
• Remunerasi • Remuneration
• Pendidikan Berkelanjutan • Continuous Learning
• Rapat, Pelaporan, dan Anggaran • Meeting, Reporting and Budgeting
• Kode Etik • Code of Conduct
• Pertanggungjawaban • Accountability
IV. Hubungan Direksi dengan Dewan Komisaris IV. Relationship of BOD and BOC
V. Evaluasi Kinerja V. Performance Evaluation
VI. Penutup VI. Closing
Tugas dan Tanggung Jawab Direksi Duties and Responsibilities of the Board of
Directors
Direksi bertugas dan bertanggung jawab secara kolegial dalam The Board of Directors is collectively liable for and in charge of
mengelola Perusahaan. Tugas dan tanggung jawab Direksi managing the Company. Duties and responsibilities of the Board
tertuang dalam Anggaran Dasar Perusahaan dan Charter Direksi of Directors are set forth in the Company’s Articles of Association
yang telah diunggah pada website Perusahaan. and the Board of Directors’ Charter and have been completely
uploaded on the Company’s Website.
No Tugas dan Tanggung Jawab Direksi Duties and Responsibilities of the Board of Directors
1. Memimpin, mengurus dan mengendalikan Perseroan sesuai dengan tujuan To lead, manage and control the Company in accordance with the
Perseroan dan senantiasa berusaha meningkatkan efisiensi dan efektivitas objectives of the Company and continue to improve the efficiency and
Perseroan; effectiveness of the Company;
2. Menetapkan kebijakan yang dipandang tepat dalam kepengurusan Stipulate the policy deemed appropriate in the management of the
Perseroan; Company;
3. Menguasai, memelihara dan mengurus kekayaan Perseroan sesuai dengan To control, maintain and manage the assets of the Company in accordance
Peraturan yang berlaku dan Anggaran Dasar Perseroan; with the prevailing laws and regulations and Articles of Association;
4. Mengkaji Visi dan Misi Perseroan, RJPP dan RKAP secara berkala dan To review the vision and mission of the Company, Company Long Term
memberikan persetujuan (apabila terdapat perubahan); Plan, Company Work Plan and Budget, periodically and grant the approval
(if there is a change);
5. Melaksanakan prinsip pengelolaan GCG, dimana salah seorang Anggota To implement the principles of GCG management, whereby one of the
Direksi ditunjuk oleh Rapat Direksi sebagai penanggung jawab dalam members of the Board of Directors is appointed by the Board of Directors’
penerapan dan pemantauan GCG di Perseroan termasuk di dalam Meeting to be responsible for GCG implementation and monitoring in
membangun BUMN yang bersih dan bebas dari gratifikasi, fraud, dan KKN; the Company including in establishing a clean SOE which is free from
gratification, fraud and corruption;
6. Membantu Dewan Komisaris apabila diperlukan dalam proses penunjukan To assist the Board of Commissioners, if necessary, in the process of
penilai (assessor) independen dalam proses assessment penerapan GCG appointment of independent assessor in the assessment process of GCG
di Perseroan dan apabila dipandang lebih efektif dan efisien, penilaian implementation in the Company and when deemed more effective and
dapat dilakukan dengan menggunakan jasa Instansi Pemerintah yang efficient, the assessment can be done by using the services of Government
berkompeten di bidang GCG, yang penunjukannya dilakukan oleh Direksi agencies that are competent in GCG, which appointment shall be made by
melalui penunjukan langsung; the Board of Directors through a direct appointment;
7. Menyelenggarakan suatu sistem pengendalian internal yang efektif untuk To set up an effective internal control system to protect the Company’s
mengamankan investasi dan aset Perseroan; investments and assets;
8. Melaksanakan tugasnya dengan itikad baik untuk kepentingan Perseroan To carry out its duties in good faith for the benefits of the Company and
dan sesuai dengan maksud dan tujuan Perseroan, serta memastikan agar in accordance with the Company’s aims and objectives, and to ensure that
Perseroan melaksanakan tanggung jawab sosialnya serta memperhatikan the Company fulfills its social responsibility and protects the stakeholders
kepentingan dari berbagai Pemangku Kepentingan sesuai dengan interests in accordance with the prevailing laws and regulations;
ketentuan peraturan perundang-undangan;
9. Menyampaikan informasi mengenai identitas, pekerjaan-pekerjaan To convey information regarding the identity, main jobs, position of
utamanya, jabatan Dewan Komisaris di Anak Perusahaan/Perusahaan the Board of Commissioners in subsidiaries/joint ventures and/or other
patungan dan/atau Perusahaan lain, termasuk rapat-rapat yang dilakukan companies, including meetings held in one financial year (internal meetings
dalam satu tahun buku (rapat internal maupun rapat gabungan dengan and joint meetings with the Board of Commissioners), and remuneration,
Dewan Komisaris), serta gaji, fasilitas, dan/atau tunjangan lain yang facilities, and/or other benefits received from those relevant companies/
diterima dari Perseroan yang bersangkutan dan anak Perusahaan/ subsidiaries/joint venture companies, to be published in the Annual Report
Perusahaan patungan Perseroan yang bersangkutan, untuk dimuat dalam of the Company;
Laporan Tahunan Perseroan;
10. Untuk memenuhi syarat akuntabilitas, keterbukaan, dan tertib administrasi, To meet the requirements of accountability, transparency, and proper
Direksi wajib: administration, members of the Board of Directors shall:
a. Membuat Daftar Pemegang Saham, Daftar Khusus, Risalah RUPS dan a. Prepare a Shareholders’ Register, Special Register, Minutes of GMOS and
Risalah Rapat Direksi; Minutes of the Board of Directors’ Meeting;
b. Membuat Laporan Tahunan dan Dokumen Keuangan Perseroan; b. Prepare the Company’s Annual Report and financial documents;
c. Memelihara seluruh Daftar, Risalah, dan Dokumen Keuangan Perseroan c. Maintain all registers, Minutes of Meeting, and Financial Documents and
dan dokumen lainnya; other documents;
d. Menyimpan di tempat kedudukan Perseroan, seluruh daftar, risalah, d. Keep in the Company’s domicile, all registers, minutes, the Company’s
dokumen keuangan Perseroan, dan dokumen lainnya; financial documents, and other documents;
11. Mengelola Perseroan dan wajib mempertanggungjawabkan pelaksanaan To manage the Company and shall be accountable for the performance of
tugasnya kepada Pemegang Saham/Pemilik Modal; its duties to the Shareholders/Capital Owners;
12. Membangun dan melaksanakan program manajemen risiko korporasi To establish and implement an integrated corporate risk management
secara terpadu yang merupakan bagian dari pelaksanaan program GCG. program which is part of the GCG implementation program. The risk
Pelaksanaan program manajemen risiko dilakukan dengan membentuk management program is executed by establishing a separate work unit
unit kerja tersendiri yang ada di bawah Direksi; under the Board of Directors;
13. Menangani risiko-risiko tersebut dengan menggunakan strategi To manage the risks by using the Company’s risk control and management
pengendalian dan pengelolaan risiko Perseroan yang meliputi: strategies which include:
a. Identifikasi dan Penetapan Risiko; a. Risk Identification and Determination;
b. Penilaian dan Pengukuran Risiko; b. Risk Assessment and Measurement;
c. Pengelolaan dan Penanganan Risiko; c. Risk Management and Handling;
d. Pemantauan dan Pelaporan Risiko. d. Risk Monitoring and Reporting.
14. Menyampaikan laporan profil manajemen risiko dan penanganannya To convey the report on risk management profile and its handling together
bersamaan dengan laporan berkala Perseroan; with the periodic reports of the Company;
15. Menyelenggarakan pengawasan intern, yakni dengan membentuk Satuan To maintain internal control by establishing the Internal Control Unit and
Pengawasan Intern dan membuat Piagam Pengawasan Intern (Charter Internal Control Charter as well as appointment and dismissal Head of
Internal Audit) serta mengangkat dan memberhentikan Kepala Satuan Internal Audit with the approval of the Board of Commissioners;
Pengawasan Intern dengan Persetujuan Dewan Komisaris;
16. Menjaga dan mengevaluasi kualitas fungsi pengawasan intern di To maintain and evaluate the quality of internal control functions in the
Perseroan serta secara periodik menyampaikan laporan pelaksanaan fungsi Company as well as to periodically submit reports on the implementation
pengawasan intern di Perseroan kepada Dewan Komisaris; of internal control function in the Company to the Board of Commissioners;
17. Menyelenggarakan fungsi Sekretaris Perusahaan (Corporate Secretary) To carry out the Corporate Secretary function as well as to maintain and
serta menjaga dan mengevaluasi kualitas fungsi Sekretaris Perusahaan; evaluate the quality of the Corporate Secretary function;
18. Menetapkan tata kelola teknologi informasi yang efektif, menjaga dan To establish an effective information technology governance, to maintain
mengevaluasi kualitas fungsi tata kelola teknologi informasi di Perseroan, and evaluate the quality of the function of information technology
serta secara periodik menyampaikan laporan pelaksanaan tata kelola governance functions in the Company, as well as to periodically submit the
teknologi informasi kepada Dewan Komisaris; reports on the implementation of information technology governance to
the Board of Commissioners;
19. Apabila diperlukan atau diminta oleh Dewan Komisaris melalui Komite If necessary or requested by the Board of Commissioners through Audit
Audit, Direksi membantu Dewan Komisaris dalam proses penunjukan Committee, the Board of Directors shall assist the Board of Commissioners
calon auditor eksternal sesuai dengan ketentuan pengadaan barang dan in the process of appointment of external auditor candidates in accordance
jasa Perseroan; with the provisions of the procurement of goods and services of the
Company;
20. Bersama-sama dengan Dewan Komisaris memastikan bahwa auditor Together with the Board of Commissioners, to ensure that the external
eksternal, auditor internal, dan Komite Audit, serta Komite Penunjang auditors, internal auditors, and the Audit Committee, as well as other
lainnya, memiliki akses terhadap catatan akuntansi, data penunjang, dan supporting committees, have access to accounting records, supporting
informasi mengenai Perseroan, sepanjang diperlukan untuk melaksanakan data, and information regarding the Company, to the extent necessary to
tugasnya; perform its duties;
21. Memastikan bahwa aset dan lokasi usaha serta fasilitas Perseroan lainnya, To ensure that the Company’s assets and business location, as well as other
memenuhi peraturan perundang-undangan berkenaan dengan kesehatan facilities comply with the laws and regulations relating to occupational
dan keselamatan kerja serta pelestarian lingkungan; health and safety and environmental preservation;
22. Menyiapkan susunan organisasi Perseroan lengkap dengan perincian dan Prepare the Company's organizational structure complete with the details
tugasnya; and duties;
23. Mempekerjakan, menetapkan besarnya gaji, memberikan pelatihan, To employ, determine the remuneration value, provide training, make
menetapkan jenjang karir, serta menentukan persyaratan kerja lainnya, career paths, as well as to determine other job requirements, regardless
tanpa memperhatikan latar belakang etnik, agama, jenis kelamin, usia, of the ethnic background, religion, gender, age, physical disability or other
cacat tubuh yang dipunyai seseorang, atau keadaan khusus lainnya yang special circumstances protected by the legislations;
dilindungi oleh peraturan perundang-Undangan;
24. Menyediakan lingkungan kerja yang bebas dari segala bentuk tekanan To provide a work environment that is free from any form of pressure
(pelecehan) yang mungkin timbul sebagai akibat perbedaan watak, (abuse) that may arise because of differences in character, personal
keadaan pribadi, dan latar belakang kebudayaan seseorang. circumstances and cultural background of a person.
Wewenang Direksi Authorities of The Board of Directors

1. Direksi berhak mewakili Perseroan di dalam dan di luar 1. The Board of Directors shall have the right to represent
pengadilan tentang segala hal dan dalam segala kejadian, the Company inside and outside the Court in respect of
mengikat Perseroan dengan pihak lain dan pihak lain all matters and in all events, to bind the Company with
dengan Perseroan, serta menjalankan segala tindakan, other parties and other parties with the Company, and to
baik yang mengenai kepengurusan maupun kepemilikan, undertake all actions, both relating to management and
dengan pembatasan yang ditetapkan dalam Anggaran ownership, with limitations determined in the Company’s
Dasar Perseroan dan dengan memperhatikan peraturan Articles of Association with due observance of the prevailing
perundang-undangan yang berlaku di bidang Pasar Modal laws and regulations applicable in the Capital Market in
di Indonesia. Indonesia.
2. Untuk melakukan tindakan tertentu, Direksi terlebih dahulu 2. In order to perform a particular action, the Board of Directors
harus mendapat persetujuan tertulis dari Dewan Komisaris must obtain prior written approval from the Board of
sesuai ketentuan Anggaran Dasar Perseroan. Commissioners according to the provisions in the Company’s
Articles of Association.
Pendelegasian Wewenang Direksi Delegation of Authorities of the Board of Directors

Pada tahun 2019, tidak terdapat pendelegasian wewenang In 2019, there has been no delegation of authority given by
seorang Anggota Direksi kepada anggota Direksi lainnya a member of the Board of Directors to another member of
melalui surat kuasa khusus untuk mewakili dalam Rapat Direksi, the Board of Directors through a special power of attorney to
mengingat rapat Direksi untuk pengambilan keputusan selalu represent in the BOD’s meeting, considering that the Board of
memenuhi kuorum rapat. Directors’ meeting for decision making have always met the
quorum requirements.
Pembagian Tugas Direksi Segregation of Duties of the Board of Directors

Pembagian tugas dan wewenang setiap anggota Direksi The segregation of duties and authority of each member of the
ditetapkan berdasarkan nama jabatan masing-masing anggota Board of Directors shall be determined according to position name
Direksi sebagaimana ditetapkan dalam pengangkatan anggota of each member of the Board of Directors as stipulated in the
Direksi oleh RUPS. Selanjutnya Direksi menetapkan pembagian appointment of members of the Board of Directors by the GMOS.
tugas dan wewenang setiap anggota Direksi. Adapun Furthermore, the Board of Directors shall determine the segregation
pembagian tugas Direksi ANTAM sebagaimana tercantum dalam of duties and authority of each member of the Board of Directors.
Charter Direksi yaitu: The segregation of duties of ANTAM’s Board of Directors as written
in the Board of Directors’ Charter are as follows:
Direktur Utama
President Director
1. Merencanakan, mengkoordinasikan, mengarahkan, mengendalikan, 1. To plan, coordinate, direct, control, supervise and evaluate the task of
mengawasi dan mengevaluasi tugas korporasi dan unit bisnis, agar corporate and business units, so that all activities run in accordance with
seluruh kegiatan berjalan sesuai dengan visi, misi, sasaran usaha, strategi, the vision, mission, business targets, strategies, policies and work programs
kebijakan dan program kerja yang ditetapkan. adopted.
2. Menyelaraskan seluruh inisiatif-inisiatif internal Perseroan, serta 2. To align all of the Company’s internal initiatives, as well as to ensure an
memastikan terjadinya peningkatan kemampuan bersaing Perseroan. increase in the Company’s ability to compete.
3. Mengkoordinasikan pelaksanaan tugas operasional di bidang pelaksanaan 3. To coordinate the implementation of operational tasks in the field of
audit internal dan kesekretariatan korporasi, pelayanan hukum, serta internal audit and corporate secretarial, legal services, as well as ensuring
memastikan kepatuhan terhadap hukum dan regulasi serta proses compliance with laws and regulations and risk management process.
manajemen risiko.
4. Memastikan pelaksanaan GCG di Perseroan. 4. To Ensure the implementation of GCG in the Company.
5. Mengkoordinasikan, mengendalikan dan mengevaluasi internalisasi 5. To perform coordination, control and evaluation of the internalization of
prinsip-prinsip GCG dan Standar Etika secara konsisten dalam Perseroan. the principles of GCG and Code of Conduct consistently in the Company.
6. Memastikan informasi yang terkait dengan korporasi selalu tersedia bila 6. To ensure that the information relating to the corporation is always
diperlukan oleh Dewan Komisaris. available when required by the Board of Commissioners.
7. Menyelenggarakan dan memimpin Rapat Direksi secara periodik sesuai 7. To organize and lead meetings of the Board of Directors on a periodic basis
ketetapan Direksi atau rapat-rapat lain apabila dipandang perlu sesuai according to the determination of the Board of Directors or other meeting
usulan Direksi. if deemed necessary, as proposed by the Board of Directors.
8. Mengesahkan Keputusan Direksi tentang Kebijakan Manajemen Perseroan 8. To ratify the resolution of the Board of Directors on Management Policies of
(Management Policy). the Company.
9. Apabila tidak ditetapkan lain dalam kebijakan kepengurusan Perseroan, 9. If not otherwise specified in the management policy of the Company, the
Direktur Utama berhak dan berwenang bertindak untuk dan atas nama President Director is entitled and authorized to act for and on behalf of the
Direksi serta mewakili Perseroan di dalam maupun di luar pengadilan. Board of Directors and represent the Company inside and outside of the
Court.
10. Menunjuk Anggota Direksi lain untuk bertindak atas nama Direksi. 10. To appoint another member of the Board of Directors to act on behalf of
the Board of Directors.
Direktur Operasi dan Produksi

Director of Operation and Production
1. Merencanakan, mengkoordinasikan, mengarahkan, mengendalikan, 1. To plan, coordinate, direct, control, supervise and evaluate the
mengawasi dan mengevaluasi pelaksanaan tugas operasional bidang produksi, implementation of operational tasks in the fields of production, safety,
keselamatan kerja, lingkungan, pemeliharaan dan rekayasa, lingkungan pasca environmental, maintenance and engineering, post-mining, non-productive
tambang, pengelolaan aset non produktif, serta teknologi informasi dan asset, as well as information & communication technology.
komunikasi.
2. Mengembangkan program efisiensi dan manajemen mutu serta memastikan 2. To develop efficiency and quality management programs and to make sure
dilaksanakannya secara konsisten di lingkungan unit-unit kerja. they are performed consistently in works units.
3. Memastikan informasi yang terkait dengan unit kerjanya selalu tersedia 3. To ensure information related to the work unit is always available for the
untuk Dewan Komisaris. Board of Commissioners.
4. Memimpin dan mengawasi pelaksanaan kebijakan dalam lingkup 4. To lead and supervise the implementation of policies within the scope of
kewenangan Direktorat Operasi dan Produksi. authority of the Director of Directorate of Operation and Production.
5. Memberikan putusan bisnis Direktorat Operasi dan Produksi sesuai lingkup 5. To provide a business decision of the Directorate of Operation and
kewenangannya. Production within the scope of its authority.
6. Memimpin pembinaan pekerja sesuai pedoman yang berlaku. 6. To lead the development of employees in line with guidelines and
regulations.
Direktur Niaga
Director of Commerce
1. Merencanakan, mengkoordinasikan, mengarahkan, mengendalikan, 1. To plan, coordinate, direct, monitor, supervise and evaluate the
mengawasi dan mengevaluasi pelaksanaan tugas operasional bidang implementation of operational tasks in marketing, supply chain
Pemasaran, Supply Chain Management serta Kantor Perwakilan di Luar Negeri. management, and representative offices abroad.
2. Mengembangkan hubungan baik dengan mitra strategis serta mencari dan 2. To develop a relationship with strategic partners as well as capturing new
menangkap peluang bisnis baru. business opportunities.
kewenangan Direktorat Niaga. authority of the Directorate of Commerce.
5. Memberikan putusan bisnis Direktorat Niaga sesuai lingkup kewenangannya. 5. To provide business decision of the Directorate of Commerce within the
scope of its authority.
6. Memimpin pembinaan pekerja sesuai pedoman yang berlaku. 6. To lead the development of workers in accordance with the applicable
guidelines.
Direktur Sumber Daya Manusia

Director of Human Resources
1. Merencanakan, mengkoordinasikan, mengarahkan, mengendalikan, 1. To design, organize, direct, control, monitor and appraise the
mengawasi dan mengevaluasi pelaksanaan proses pengelolaan Sumber Daya implementation of Human Resource management process, from planning,
Manusia (SDM), mulai dari proses perencanaan, penyediaan, pengembangan, supply, development, maintenance, and use of human resources supported
pemeliharaan dan pemanfaatan SDM yang didukung dengan pemanfaatan by the utilization of information technology.
teknologi informasi.
2. Merencanakan, mengkoordinasikan, mengarahkan, mengendalikan, 2. To plan, coordinate, direct, control, monitor and evaluate the implementation
mengawasi dan mengevaluasi pelaksanaan tugas operasional bidang of operational tasks in general affairs, community development, partnership
pelayanan umum, pengembangan kemasyarakatan, program kemitraan dan and community stewardship programs, social responsibility activities of the
bina lingkungan, kegiatan tanggung jawab sosial Perseroan serta kantor-kantor Company as well as representative offices in the state.
perwakilan di dalam negeri.
3. Mengembangkan hubungan baik dengan kalangan pemerintahan, segenap 3. To develop a relationship with the government, all external parties, and
pihak luar dan stakeholders lainnya serta memastikan terselenggaranya other stakeholders and to ensure the implementation of human resource
kegiatan sumber daya manusia dan kegiatan corporate social responsibility activities, corporate social responsibility activities, and general affairs
serta kegiatan pelayanan umum Perseroan secara efektif dan tepat guna. activities of the Company effectively and appropriately.
kewenangan Direktorat Sumber Daya Manusia. authority of the Directorate of Human Resources.
6. Memberikan putusan bisnis Direktorat Sumber Daya Manusia sesuai lingkup 6. To provide business decision of the Directorate of Human Resources within
kewenangannya. the scope of its authority.
regulations.
Direktur Keuangan
Director of Finance
1. Merencanakan, mengkoordinasikan, mengarahkan, mengendalikan, 1. To plan, coordinate, direct, control, supervise and evaluate the
mengawasi dan mengevaluasi pelaksanaan tugas operasional bidang implementation of operational tasks in the fields of treasury, assurance,
kebendaharaan, asuransi, akuntansi, pajak, anggaran, dan pendanaan. accounting, budgeting and funding.
2. Merencanakan, mencari dan memastikan penyediaan dana untuk 2. To plan, search for and ensure the provision of funds for the development of
pengembangan Perseroan sesuai dengan rencana strategis Perseroan. the Company in accordance with the Company’s Strategic Plan.
4. Mengelola portofolio investasi keuangan dan keputusan finansial untuk 4. To manage portfolio of financial investments and financial decisions
mencapai nilai tambah maksimal dan tercapainya tujuan-tujuan Perseroan to achieve maximum added value and to achieve the objectives of the
sesuai ketetapan Direksi. Company according to the resolutions of the Board of Directors.
5. Memimpin dan mengawasi pelaksanaan kebijakan dalam lingkup 5. To lead and supervise the implementation of policies within the authority of
kewenangan Direktorat Keuangan. the Directorate of Finance.
6. Memberikan putusan bisnis Direktorat Keuangan sesuai lingkup 6. To provide a business decision of the Directorate of Finance within the scope
kewenangannya. of its authority.
regulations.

Director of Business Development
1. Merencanakan, mengkoordinasikan, mengarahkan, memonitor, mengawasi 1. To plan, coordinate, direct, monitor, supervise and evaluate the preparation
dan mengevaluasi penyusunan dan pelaksanaan Rencana Jangka Panjang and implementation of the Long Term Corporate Planning (RJPP).
Perseroan (RJPP).
2. Mengkoordinasikan, mengendalikan dan mengevaluasi pelaksanaan tugas 2. To coordinate, control and evaluate the implementation of operational tasks
operasional di bidang eksplorasi, penelitian dan pengembangan, studi in the fields of exploration, research and development, feasibility studies,
kelayakan, serta pembangunan proyek-proyek pertumbuhan Perseroan as well as development of growth projects of the Company as well as
serta pengelolaan dan pengawasan Anak Perusahaan. management and supervision of subsidiaries.
3. Mengembangkan hubungan baik dengan mitra strategis serta mencari dan 3. To develop good relationships with strategic partners and to search and
menangkap peluang bisnis baru. capture new business opportunities.
5. Memimpin dan mengawasi pelaksanaan kebijakan dalam lingkup 5. To lead and supervise the implementation of policies within the authority of
kewenangan Direktorat Pengembangan Usaha. the Directorate of Business Development.
6. Memberikan putusan bisnis Direktorat Pengembangan Usaha sesuai lingkup 6. To provide business decision of the Directorate of Business Development
kewenangannya. within the scope of its authority.
regulations.
Perbuatan Direksi yang Memerlukan Persetujuan The Board of Directors’ Actions which must
Tertulis dari Dewan Komisaris Obtain Written Approval from The Board of
Commissioners
Dalam Anggaran Dasar Perseroan Pasal 12 Ayat (7) huruf i, Related to article 12 paragraph 7 letter i in Company’s Articles
terdapat Perbuatan-perbuatan Direksi yang harus mendapat of Association, the actions of the Board of Directors which
persetujuan tertulis dari Dewan Komisaris antara lain: must obtain written approval from the Board of Commissioners
1. Permohonan Persetujuan atas Transaksi Jual Beli Tanah yang among others:
dimiliki oleh PT ANTAM Tbk kepada Anak Perusahaan; 1. Application for Approval of the Sale and Purchase of Land
2. Persetujuan Penyaluran Dana Program Kemitraan (PK) owned by PT ANTAM Tbk to its Subsidiaries;
melalui BUMN Khusus; 2. Approval of Distribution of Partnership Program’s Fund
3. Persetujuan Revisi Rencana Kerja dan Anggaran Program Through a Special SOE;
Kemitraan dan Bina Lingkungan Tahun 2019; 3. Approval of the Revised Work Plan and Budget of Partnership
4. Persetujuan atas Perubahan Peraturan Dana Pensiun; and Community Development Program 2019;
5. Persetujuan dan Penetapan Perubahan Struktur Organisasi 4. Approval of Amendments to the Pension Fund Regulation;
Kantor Pusat dan Proyek Pengembangan; 5. Approval and Determination of Changes in Organizational
6. Persetujuan Optimasi Aset Non Produktif; Structure of Head Office and Development Projects;
7. Persetujuan perubahan logo ANTAM; 6. Approval of Non-Earning Asset Optimization;
8. Persetujuan atas Perubahan Anggota Direksi dan Komisaris 7. Approval of changes to the ANTAM logo;
Anak Perusahaan PT ANTAM Tbk; 8. Approval of Changes to Members of the Directors and
9. Persetujuan atas Usulan dan Penetapan Rotasi Jabatan SVP Commissioners of the Subsidiary of PT ANTAM Tbk;
Corporate Secretary; 9. Approval of Proposal and Determination of Position for
10. Persetujuan Rencana Kerja dan Anggaran Perusahaan tahun Corporate Secretary;
2020; 10. Approval of Annual Work Plan and Budget for Financial Year
11. Persetujuan RKA-PKBL tahun 2020; dan 2020;
12. Persetujuan Penghapusbukuan dan Pelepasan Aktiva Tetap. 11. Approval of the Work Plan and Budget of Partnership and
Community Development Program 2020; and
12. Approval of Write-Off and Release of Fixed Assets.
Persetujuan Dewan Komisaris khusus berkenaan dengan poin 8 Approval of the Board of Commissioners specifically regarding
ditetapkan setelah mendapatkan persetujuan Pemegang Saham point 8 is determined after obtaining the approval of the most
Seri B terbanyak sesuai Surat Kuasa Khusus Nomor SKK-14/ Series B Shareholders in accordance with Special Power of
MBU/05/2018 dan batasan/kriteria yang ditetapkan oleh Pemegang Attorney Number SKK-14/MBU/05/2018 and the limits/criteria
Saham Seri A Dwiwarna. set by the Series A Dwiwarna Shareholder.
Berdasarkan Surat Kuasa Khusus Nomor SKK-14/MBU/5/2018 Based on special letter of authorization Number SKK-14/MBU/5/2018
tanggal 31 Mei 2018, Pemegang Saham Seri A Dwiwarna telah dated May 31, 2018, the Series A Dwiwarna Shareholders have
memberikan kuasa kepada PT Indonesia Asahan Aluminium authorized PT Indonesia Asahan Aluminium (Persero) as the majority
(Persero) selaku Pemegang Saham Seri B terbanyak dari ANTAM shareholders of Series B Shares from ANTAM in the case of the
dalam hal kewenangan menyetujui usulan Dewan Komisaris authority to approve the Board of Commissioners proposal for the
atas tindakan-tindakan Direksi sebagaimana dimaksud dalam Board of Directors’ actions as stated in the Company’s Articles of
Anggaran Dasar Perseroan. Adapun batasan dan/atau kriteria Association. As for restrictions and/or criteria of approval referring
persetujuan mengacu pada Surat Menteri BUMN Nomor S-849/ to Letter of SOE Minister Number S-849/MBU/12/2018 regarding
MBU/12/2018 tentang Batasan Kewenangan Dewan Komisaris. Authority Threshold of the Board of Commissioners.
Independensi dan Kepemilikan Saham Anggota Independency and Share Ownership of the Board
Direksi of Directors
Setiap anggota Direksi membuat pernyataan independensi Each member of the Board of Directors shall make an independent
berupa Surat Pernyataan Bertindak Independen dalam statement in the form of a Statement of Acting Independently
Pelaksanaan Pengelolaan Operasional Perusahaan pada tiap in implementing the Company’s Operational Management at
awal tahun untuk menyatakan status independensinya dan every beginning of the year to declare his independent status
setiap akhir tahun untuk menyatakan apakah selama tahun and at every end of the year to declare whether during the
terakhir terdapat situasi yang memiliki benturan kepentingan year has been a situation of conflict of interest created by the
oleh Direksi atas tindakan yang dilakukan. Anggota Direksi Board of Directors. A member of the Board of Directors shall
berkewajiban melapor apabila terjadi perubahan status yang also be obliged to report on any change of status that affects his
mempengaruhi independensinya termasuk apabila terdapat independency, including change in share ownership in ANTAM
perubahan kepemilikan saham baik pribadi maupun keluarga di or other company, either personal or family ownership.
ANTAM dan atau Perusahaan lain.
Pernyataan Independensi Anggota Direksi

Independence Statement of The Board of Directors
Aprilandi Luki Arie Dimas Johan
Pernyataan Dana Anton Sutrisno S. Tatang Hari
Hartono2 Hidayat Setiawan 1 Risono
1
Prabowo Wikan N.B.
Statement Amin1 2 Herdianto 3 Tatetdagat Hendra
3 4
Widjajanto5
Setia 2
Suardi Ariotedjo Pramudhito
3
Nababan4
1. Kepemilikan saham pribadi pada ANTAM X √ √ X X X X √ X √ X √
Share ownership on ANTAM
Kepemilikan saham oleh keluarga pada X X X X X X X X X X X X
ANTAM
Family Shareholding on ANTAM
Kepemilikan saham pribadi di luar ANTAM X X X √ √ X √ √ √ X X X
Share ownership outside of ANTAM
Kepemilikan saham oleh keluarga di luar X X X √ X X X X X X X X
ANTAM
Family Shareholding outside of ANTAM
2. Hubungan keluarga sedarah sampai X X X X X X X X X X X X
derajat ke-3 (ke tiga), baik menurut garis
lurus maupun garis ke samping ataupun
hubungan yang timbul karena perkawinan
dengan anggota Direksi lainnya atau
dengan anggota Dewan Komisaris.
Consanguinity until the third degree, either
vertically or horizontally or relationship as a
result of marriage with the member of other
Board of Directors or with the member of
the Board of Commissioners.
3. Aktivitas sebagai berikut: X X X X X X X X X X X X
• Menjabat sebagai Direktur pada Badan
Usaha Milik Negara, Badan Usaha Milik
Daerah atau Badan Usaha Milik Swasta
yang dapat menimbulkan benturan
kepentingan terkait dengan jabatannya;
• Menjabat sebagai pengurus partai
politik dan/atau calon/anggota legislatif
dan/atau merupakan calon atau
menjabat sebagai kepala/wakil kepala
pemerintahan daerah;
• Jabatan lain yang dapat menimbulkan
benturan kepentingan terkait dengan
jabatan di ANTAM.
Activities as following:
• Acting as a Director for a State Owned
Enterprise, Regional Owned Enterprise or
Private Enterprise that may incite conflict
of interest with his position;
• Acting as an officer of a political party
and/or legislative candidate/member and/
or as candidate or acting as head/vice
head of regional government;
• Other positions that may incite conflict of
interest with position in ANTAM.
4. Menghindari benturan kepentingan √ √ √ √ √ √ √ √ √ √ √ √
yang dapat berpengaruh pada proses
pengambilan keputusan operasional
Perusahaan.
Avoid any conflict of interest that may
influence the decision making of the
Company’s operational.
5. Dalam melaksanakan pengelolaan √ √ √ √ √ √ √ √ √ √ √ √
operasional Perusahaan pada tahun 2019
telah bertindak independen terutama
dalam hal proses pengambilan keputusan,
termasuk tetapi tidak terbatas pada hal-hal
yang tertulis di atas.
During the operational management of the
Company in 2019 has acted independently
in decision making process including but
not limited to the above mentioned issues.
1
2
3
4
5
Kepemilikan Saham Direksi dan Keluarga

Share Ownership of The Board of Directors & Their Families
Kepemilikan Saham
Share Ownership
Pribadi pada Perusahaan Keluarga pada
Nama
Pribadi pada ANTAM Keluarga pada ANTAM Lain Perusahaan Lain
Name
Individual at ANTAM Family at ANTAM Individual on other Family on other
Company Company
2018 2019 2018 2019 2018 2019 2018 2019
Dana Amin1 - - - -
Hartono 2
12.500 - - -
Aprilandi Hidayat Setia2 31.000 - - -
Luki Setiawan Suardi 2
- - 134.800 600
Anton Herdianto1 - - 181.450 -
Risono1 - - - -
Arie Prabowo Ariotedjo3 - - - -
Dimas Wikan Pramudhito3 7.500 - 217.300 -
Sutrisno S. Tatetdagat3 - - 7.398 -
Tatang Hendra4 30.000 - - -
Johan N.B. Nababan4 - - - -
Hari Widjajanto5 134.785 - - -
1
2
3
4
5
Luki Setiawan Suardi: PT Niwasana Pusaka Indonesia, ACES, ADRO, ASII, BBNI, BBRI, BCAP, BJBR, BMRI, BNLI, BTPS, ESIP, HRUM, INCO, INDY, LPCK, MAPI, MDKA, PGAS. PPRO, PSAB, PWON,
TLKM, UNVR, WIIM
Keluarga Luki Setiawan Suardi Family of Luki Setiawan Suardi: PT Wahana Kreasi Kulina, GMTD
Anton Herdianto: BBRI, BMRI, JSMR, GIAA
Dimas Wikan Pramudhito: BBKP, MNCN, BBRI, TLKM, PTBA,
Sutrisno S. Tatetdagat: TINS
Setiap adanya perubahan portofolio kepemilikan saham For any change of the share ownership portfolio of the
Perusahaan, maka Direksi wajib melaporkan kepada Corporate members of the Board of Directors in the Company, shall be
Secretary melalui penyerahan Daftar Khusus Kepemilikan Saham reported through the submission of share ownership special
untuk selanjutnya disampaikan kepada Otoritas Pasar Modal registers to the Corporate Secretary for further submission to
selambat-lambatnya 3 (tiga) hari sejak terjadinya transaksi. the Capital Market Authority no later than 3 (three) days after
the transaction date.
Pada tahun 2019 terjadi perubahan kepemilikan saham dari In 2019 there was a change in share ownership from Luki
Luki Setiawan Suardi yang menjabat sebagai Direktur Sumber Setiawan Suardi who served as Director of Human Resources
Daya Manusia yang telah disampaikan kepada Otoritas Jasa which was submitted to the Financial Services Authority through
Keuangan melalui Surat Nomor 4636/09/CAT/2019 tanggal Letter Number 4636/09/CAT/2019 dated November 11, 2019
11 November 2019 perihal Laporan Kepemilikan atau Setiap regarding Ownership Reports or Any Changes in Ownership
Perubahan Kepemilikan Saham Perusahaan Terbuka, Surat of Public Company Shares, Letter Number 4637/09/CAT/2019
Nomor 4637/09/CAT/2019 tanggal 15 November 2019 perihal dated November 15, 2019 regarding Ownership Reports or
Laporan Kepemilikan atau Setiap Perubahan Kepemilikan Saham Any Changes in Ownership of Shares of Public Companies, and
Perusahaan Terbuka, dan Surat Nomor 5114/09/CAT/2019 Letter Number 5114/09/CAT/2019 dated December 12, 2019
tanggal 12 Desember 2019 perihal Laporan Kepemilikan atau concerning Ownership Reports or Any Changes in Ownership of
Setiap Perubahan Kepemilikan Saham Perusahaan Terbuka. Public Company Shares.
Kebijakan Rangkap Jabatan Direksi Policy on Concurrent Positions of the Board of

Directors
Menurut Anggaran Dasar Perseroan Pasal 11 Ayat 28, anggota According to the Articles of Association Articles 11 Paragraph
Direksi dilarang memangku jabatan rangkap sebagai: 28, Members of the Board of Directors shall be prohibited from
a. Anggota Direksi pada Badan Usaha Milik Negara, Badan having concurrent positions as:
Usaha Milik Daerah, Badan Usaha Milik Swasta; a. Member of the Board of Directors at State-Owned Enterprises
b. Anggota Dewan Komisaris dan/atau Dewan Pengawas pada (SOEs), Regionally-Owned Enterprises (ROEs), and Private
BUMN; Owned Enterprises;
c. Jabatan struktural dan fungsional lainnya pada instansi/ b. Members of the Board of Commissioners at SOE’s;
lembaga pemerintah pusat dan/atau daerah; c. Other structural and functional positions in central and/or
d. Pengurus partai politik dan/atau calon/anggota DPR, DPD, regional government agencies/institutions;
DPRD tingkat I, dan DPRD Tingkat II dan/atau calon kepada d. Management of Political parties and/or candidates/ members
daerah/wakil kepala daerah; of House of Representative, Regional Representative
e. Jabatan lainnya sesuai dengan ketentuan dalam peraturan Council, Regional House of Representative, level I and II and/
perundang-undangan; or candidates to regions, deputy regional heads;
f. Jabatan lain yang dapat menimbulkan benturan kepentingan. e. Other positions are in accordance with the provisions in the
legislation;
f. Other positions that can cause conflicts of interest.
Ketentuan mengenai rangkap jabatan Direksi ANTAM juga Regulation of the Board of Directors’ concurrent positions also
tercantum dalam Peraturan Otoritas Jasa Keuangan Nomor 33/ refers to Financial Service Authority Regulation Number 33/
POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten POJK.04/2014 regarding the Issuer’s or Pubic Company’s the
atau Perusahaan Publik serta Peraturan Perundang-Undangan Board of Directors and the Board of Commissioners and others
lainnya. Prevailing Laws and Regulations.
Nama Jabatan pada Perusahaan/Instansi Lain Jabatan pada Anak Perusahaan ANTAM/Entitas Asosiasi
Name Position on Other Company/Institution Position on ANTAM’s Subsidiary/Associates Entitity
Dana Amin - -
Hartono - Komisaris Utama PT ANTAM Niterra Haltim
President Commissioners at PT ANTAM Niterra Haltim
Komisaris Utama PT Nusa Halmahera Mineral
President Commissioners at PT Nusa Halmahera Mineral
Aprilandi Hidayat Setia - -
Luki Setiawan Suardi - Komisaris Utama PT Menara ANTAM Sejahtera
President Commissioner at PT Menara ANTAM Sejahtera
Anton Herdianto - -
Risono - -
Program Pengenalan Perusahaan untuk Direksi Induction Program for the Board of Directors
ANTAM melaksanakan program pengenalan bagi anggota ANTAM executes an induction program for the new member of
Direksi yang baru dengan tujuan memberikan gambaran atas the Board of Directors to provide the full picture of the Company’s
aktivitas bisnis, rencana perusahaan ke depan, pedoman kerja business activities, Company’s plans, work guidelines and other
dan hal lainnya yang menjadi tanggung jawab Direksi. Program thing which responsibility falls on the Board of Directors. The
pengenalan diatur dalam Pedoman Kerja Direksi. induction program is regulated under Charter of the Board of
Directors.
Pada tahun 2019, dilakukan program pengenalan perusahaan In 2019, a company Induction program for the new Board of
untuk Direksi baru sebanyak 2 (dua) kali. Materi pengenalan Directors was held 2 (two) times. The Induction material was given
diberikan oleh SVP Corporate Secretary kepada anggota Direksi by SVP Corporate Secretary to the new members of the Board of
baru yang diangkat sesuai dengan Keputusan RUPS Tahunan Directors who were appointed in accordance with the Resolution
Tahun Buku 2018 yakni kepada Hartono selaku Direktur Operasi of the Annual GMOS for Financial Year 2018 namely to Hartono
dan Produksi, Aprilandi Hidayat Setia selaku Direktur Niaga, dan as Director of Operation and Production, Aprilandi Hidayat Setia
Luki Setiawan Suardi selaku Direktur Sumber Daya Manusia. as Director of Commerce, and Luki Setiawan Suardi as Director
Penyelenggaraan Program Pengenalan Perusahaan dilaksanakan of Human Resources. The Company Induction Program held on
pada tanggal 30 April 2019 dalam Rapat Dewan Komisaris April 30, 2019 in the Board of Commissioners’ Meeting inviting
mengundang Direksi. Program Pengenalan juga dilaksanakan the Board of Directors. The Induction Program was also carried
setelah RUPS Luar Biasa Tahun 2019 kepada Dana Amin selaku out after the Extraordinary GMOS of 2019 to Dana Amin as
Direktur Utama, Anton Herdianto selaku Direktur Keuangan, President Director, Anton Herdianto as Director of Finance, and
dan Risono selaku Direktur Pengembangan Usaha pada tanggal Risono as Director of Business Development on December 23,
23 Desember 2019 dalam Rapat Dewan Komisaris mengundang 2019 at the Board of Commissioners’ Meeting inviting the Board
Direksi. Selain pemaparan atas Perusahaan, dalam program of Directors. In addition to the presentation of the Company,
pengenalan Perusahaan juga disampaikan dokumen-dokumen in the Company induction program also delivered supporting
penunjang, di antaranya Laporan Tahunan, Rencana Kerja documents, including Annual Reports, Corporate Work Plans
dan Anggaran Perusahaan (RKAP), Rencana Jangka Panjang and Budget (RKAP), Long-Term Business Plan (RJPP), Company’s
Perusahaan (RJPP), Anggaran Dasar Perseroan, Kebijakan Tata Articles of Association, Corporate Governance Policy (CGP), Code
Kelola Perusahaan (CGP), Standar Etika Perusahaan, Program of Conduct, the Board of Directors Work Programs, the Board
Kerja Direksi, Charter Dewan Komisaris, Charter Direksi dan of Commissioners Charter, the Board of Directors Charter and
Charter Komite Penunjang Dewan Komisaris, serta peraturan- Charter Supporting Committee of the Board of Commissioners,
peraturan yang terkait dengan pelaksanaan tugas Direksi. Selain as well as regulations related to the carrying out of the duties
itu, guna memahami secara langsung proses bisnis Perusahaan, of the Board of Directors. Furthermore, to clearly understand the
program pengenalan Perusahaan juga meliputi kunjungan Company’s business processes, the Company’s induction program
langsung ke Unit/Unit Bisnis Perusahaan. also included direct visits to Unit/Business Units.
Pelatihan dan Pengembangan Keahlian Continuous Learning and Competency

Berkelanjutan Development
Tahun 2019, Direksi telah mengikuti pendidikan berkelanjutan, In 2019, the Board of Directors has attended the following
yang dikombinasikan dalam self-study dan keikutsertaan pada continuous learning, which is combined with self-study and
pendidikan khusus, pelatihan, workshop, seminar ataupun participation in special education, training, workshop, seminars
conference yang bermanfaat dalam meningkatkan efektivitas or conferences, which are useful in improving the effectiveness
fungsi Direksi, sebagaimana ketentuan yang diatur dalam function of the Board of Directors:
Charter Direksi, sebagai berikut:

Dana Amin1 23 Desember 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
Direktur Utama December 23, 2019 Induction Program for BOC and BOD
President Director
Hartono2 26-27 April 2019 Partisipasi dalam Workshop Unfreezing Noble Purpose dan Value Jakarta
Direktur Operasi dan April 26- 27 2019 Holding Industri Pertambangan Bersama Senn Delaney dan PwC
Produksi Attended Unfreezing Noble Purpose and Value Holding Mining Industry
Director of Operation and with Senn Delaney and PwC
Production
30 April 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
April 30, 2019 Induction Program for BOC and BOD
23 Mei 2019 Mentor Leading Self Mining Industry Holding Emerging Leaders Jakarta
May 23, 2019 Development Program
Mentor of Leading Self Mining Industry Holding Emerging Leaders
Development Program
24-25 Juli 2019 Workshop Culture Shaping Process - Unfreezing Sesi 1 Jakarta
July 24-25, 2019 Workshop of Culture Shaping Process - Unfreezing Session 1
14-15 Agustus 2019 Partisipasi dalam Workshop Kepala Teknik Tambang (KTT) & Malang
August 14-15, 2019 Kementerian ESDM
Participation in Workshop of the Head of Mine Engineering & the
Ministry of Energy and Mineral Resources
19 September 2019 Narasumber Diskusi Pojok Iklim, Kementerian Lingkungan Hidup Jakarta
September 19, 2019 Speaker of the Climate Discussion, Ministry of Environment
27 September 2019 Mentor & Coach Introduction Session Mining Industry Holding Jakarta
September 27, 2019 Emerging Leaders Development Program Cohort 2
Mentor & Coach of Introduction Session Mining Industry Holding
Emerging Leaders Development Program Cohort 2
26 November 2019 Pembicara dalam Acara Ikatan Ahli Geologi Indonesia (IAGI) Yogyakarta
November 26, 2019 Speaker in Indonesian Association of Geologist Event

Aprilandi Hidayat Setia2 26-27 April 2019 Partisipasi dalam Workshop Unfreezing Noble Purpose dan Value Jakarta
Direktur Niaga April 26-27, 2019 Holding Industri Pertambangan Bersama Senn Delaney dan PwC
Director of Commerce Attended Unfreezing Noble Purpose and Value Holding Mining
Industry with Senn Delaney and PwC
25 Juli-25 Oktober English Program dengan The British Institute Jakarta
2019 English Program with the British Institute
July 25-October 25,
2019
9 Agustus 2019 Menjadi Pemateri Focus Group Discussion Peran Dinar dan ICT dalam Jakarta
August 9, 2019 Perekonomian Indonesia
Speaker in Focus Group Discussion on the Role of Dinars and ICT in the
Indonesian Economy
29 Agustus 2019 Partisipasi dalam Acara Synergy Forum Jakarta
August 29, 2019 Participation in Synergy Forum
5 September 2019 Partisipasi dalam Acara The 5th ASEAN Marketing Summit 2019 Jakarta
September 5, 2019 Participation in the 5th ASEAN Marketing Summit 2019
11 September 2019 Keynote Speaker dalam Acara Asian Nickel Conference Jakarta
September 11, 2019 Keynote Speaker in Asian Nickel Conference
17 September 2019 Workshop on Sustainable Mining oleh Embassy of Canada dan Jakarta
September 17, 2019 Indonesian Mining Institute
Workshop on Sustainable Mining by the Embassy of Canada and
Indonesian Mining Institute
25 September 2019 Workshop Peningkatan Good Corporate Governance dalam Lingkup Jakarta
September 25, 2019 BUMN
Workshop on Improving Good Corporate Governance in SOE’s Scope
13 Oktober 2019 Partisipasi dalam Acara Global Precious Metals Conference oleh London Shenzhen, Tiongkok
October 13, 2019 Bullion Market Association Shenzhen, China
Participation in Global Precious Metals Conference by the London
Bullion Market Association
2-6 Desember 2019 Lead Facilitator Kegiatan Pembelajaran Modul 3 : Strategic Decision- Philadelphia,
December 2-6, 2019 Making and Financial Acumen Mining Industry Holding Emerging Amerika Serikat
Leaders Development Program Philadelphia, United States
Lead Facilitator of Learning Activities Module 3: Strategic Decision- of America
Making and Financial Acumen Mining Industry Holding Emerging
Leaders Development Program
Luki Setiawan Suardi2 26-27 April 2019 Partisipasi dalam Workshop Unfreezing Noble Purpose dan Value Jakarta
Direktur Sumber Daya April 26-27, 2019 Holding Industri Pertambangan bersama Senn Delaney dan PwC
Manusia Attended Unfreezing Noble Purpose and Value Mining Industry
Director of Human Holding with Senn Delaney and PwC
Resources
27-28 Juni 2019 Pelatihan In House Training Manajemen Umum Dana Pensiun Jakarta
June 27-28, 2019 In House Training of Pension Fund General Management
3 Juli 2019 Pembicara pada Acara Executive Seminar - Ciputra Group dengan topik Jakarta
July 3, 2019 "Talent Development for Industry 4.0"
Speaker in Ciputra Group Executive Workshop on the topic ”Talent
Development for Industry 4.0”
24-26 Juli 2019 Workshop Culture Shaping Process Jakarta
July 24-26, 2019 Workshop Culture Shaping Process
28 Juli 2019 Partisipasi dalam Workshop Co-Create Culture Transformation Timika
July 28, 2019 Roadmap Holding Industri Pertambangan
Participation in Workshop of Mining Industry Holding Co-Create
Culture Transformation Roadmap
1-2 Agustus 2019 Lead Facilitator dalam Leading Strategy & Innovation Cohort 1 - Mining Jakarta
August 1-2, 2019 Industry Holding Emerging Leaders Development Program
Lead Facilitator in Leading Strategy & Innovation Cohort 1 - Mining
Industry Holding Emerging Leaders Development Program
8 Agustus 2019 Partisipasi dalam Acara Opening for Unfreezing Session for Senior Jakarta
August 8, 2019 Leaders Development Program
Participation in Opening for Unfreezing Session for Senior Leaders
Development Program

23 Agustus 2019 Partisipasi dalam Acara Sharing Session Rencana Penyeragaman Bali
August 23, 2019 Perjanjian Kerja Bersama oleh Kementerian BUMN
Participation in Sharing Session of Uniforming Plan for Collective
Labor Agreement by the Ministry of SOE’s
18-19 September 2019 Pembicara pada Acara 11th Indonesia HR Summit 2019 Yogyakarta
September 18-19, 2019 Speaker in 11th Indonesia HR Summit 201
25 Oktober 2019 Pembicara di Kegiatan Workshop Human Capital - HCBP Distribution Jakarta
October 25, 2019 & Retail Banking PT Bank Mandiri (Persero) Tbk
Speaker in Human Capital Workshop - HCBP Distribution & Retail
Banking PT Bank Mandiri (Persero) Tbk
15 November 2019 Pembicara pada Acara High Level Update : Designing Compensation & Jakarta
November 15, 2019 Benefit Toward A Better Future
Speaker in High Level Update : Designing Compensation & Benefit
Toward A Better Future
Anton Herdianto1 23 Desember 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
Direktur Keuangan December 23, 2019 Induction Program for BOC and BOD
Director of Finance
Risono1 25-28 Februari 2019 Transformational Leadership Course Bogor, Jawa Barat
Direktur Pengembangan February 25-28, 2019 Bogor, West Java
Usaha
Director of Business 15-18 Juli 2019 Leading The Enterprise Course Bogor, Jawa Barat
Development July 15-18, 2019 Bogor, West Java
8-10 Oktober 2019 Business & Society and Financial Acumen Course di Wharton Business Pennsylvania,
October 8-10, 2019 School, University of Pennsylvania Amerika Serikat
Business & Society and Financial Acumen Course in Wharton Business Pennsylvania, United States
School, University of Pennsylvania of America
12-14 Desember 2019 Leading Strategy and Innovation di Massachusetts Institute of Massachusetts,
December 12-14, 2019 Technology, Amerika Serikat Amerika Serikat
Leading Strategy and Innovation in Massachusetts Institute of Massachusetts, United
Technology, United States States of America
23 Desember 2019 Program Pengenalan Dewan Komisaris dan Direksi Jakarta
December 23, 2019 Induction Program for BOC and BOD
Pelaksanaan Tugas dan Tanggung Jawab Direksi The Implementation of Duties and Responsibilities
Selama Tahun 2019 of The Board of Directors in 2019
Selama Tahun 2019, Direksi telah melaksanakan tugas yang During 2019, the Board of Directors have carried out strategic
bersifat strategis, antara lain sebagai berikut: tasks, including the following:
1. Melakukan review RJPP 2018-2022 dan Penyelarasan 1. Reviewing Long Term Company Plan 2018-2022 and
dengan RJPP Holding Industri Pertambangan; Alignment with Long Term Company Plan of Mining Industry
2. Menyusun RKAP Tahun 2019 dan melakukan review Holding;
terhadap RKAP 2019; 2. Prepare and review Corporate Work and Budget Plan for
3. Menyelenggarakan RUPS Tahunan Tahun Buku 2018 dan Financial Year 2019;
RUPS Luar Biasa Tahun 2019; 3. Organizing the Annual GMOS for Financial Year 2018 and
4. Membuat Daftar Pemegang Saham, Daftar Khusus, Risalah the Extraordinary GMOS for 2019;
RUPS dan Risalah Rapat Direksi; 4. Make a Register of Shareholders, Special Register, Minutes
5. Melakukan identifikasi risiko Perusahaan dan menyusun of GMOS and Minutes of the Board of Directors’ Meetings;
strategi upaya pengendalian Risiko; 5. Performing corporate risk management and developing risk
6. Menyusun strategi penyelesaian proyek-proyek management strategies;
pengembangan; 6. Develop a completion strategies for development projects;
7. Menyusun strategi dan program eksplorasi dan 7. Develop a strategy and program of exploration and
pengembangan Perusahaan; development of the Company;
8. Melakukan inovasi penjualan dan penjajakan pasar; 8. Conducting market sales and market research;
9. Menyusun laporan tahunan, laporan keuangan dan laporan 9. Prepare annual reports, financial reports and other reports
lainnya bagi Pemegang Saham, Regulator dan pemangku for Shareholders, Regulators and other stakeholders;
kepentingan lainnya; 10. Conducts a review of the Company’s organizational
10. Melakukan review terhadap struktur organisasi Perusahaan; structure;
11. Menelaah rencana program promosi dan rotasi Pegawai 11. Reviewing employee promotion and transfer program plans
serta remunerasi Pegawai; and Employee remuneration;
12. Melakukan Inventarisasi aset Perusahaan dan optimasi aset 12. Conduct an inventory of company assets and non-productive
non produktif Perusahaan; company optimization assets;
13. Melakukan pengawasan atas kinerja Anak Perusahaan; dan 13. Monitor the Subsidiaries performance; and
14. Mengadakan pertemuan-pertemuan dengan para investor 14. Hold meetings with investors and other Stakeholders.
dan pemangku kepentingan lainnya.
Evaluasi atas Strategi Perusahaan Evaluation of Corporate Strategy

Dewan Komisaris dan Direksi bertanggung jawab untuk The Board of Commissioners and the Board of Directors
memberikan arahan dalam proses penyusunan arahan strategis are responsible for providing direction in the process of
Perusahaan. Penyusunan dan review strategi Perusahaan implementing strategic direction. The preparation and review of
mengacu pada Surat Keputusan Direksi Nomor 402.K/51/ the Company’s strategy refers to the Board of Directors’ Decree
DAT/2018 tanggal 6 April 2018 tentang Kebijakan Manajemen Number 402.K/51/DAT/2018 dated April 6, 2018 concerning
Strategis Perusahaan yang merupakan pengkinian atas Surat the Corporate Strategic Management Policy which is an update
Keputusan Direksi Nomor 165.K/51/DAT/2010 tanggal 24 of the Board of Directors’ Decree Number 165.K/51/DAT/2010
September 2010. dated September 24, 2010.
Proses penyusunan arahan strategis dilakukan oleh tim yang The process of formulating strategic direction is carried out by
ditunjuk oleh Direksi dengan melibatkan beberapa Divisi dan a team appointed by the Board of Directors involving several
sekurang-kurangnya harus memuat definisi kondisi yang Divisions and must at least contain definitions of the expected
diinginkan, nilai-nilai Perusahaan, Analisis Strategis (Strategic conditions, Company values, Strategic Analysis, and Strategic
Analysis), dan Strategic Objective. Proses evaluasi dan review Objectives. The strategic direction of the evaluation and
arahan strategis dikoordinasikan oleh Direktorat Pengembangan review process is coordinated by the Directorate of Business
Usaha dengan melibatkan Divisi/Satuan Kerja/Unit/Unit Bisnis Development and involving the Division/Work Unit/Business
terkait yang dilakukan secara berkala atau dalam hal terjadinya Unit/Unit that are carried out periodically or in the event of
perubahan lingkungan strategis yang signifikan dalam periode significant strategic environmental changes in the current period
berjalan dengan maksud untuk memperkecil penyimpangan dan with the aim of minimizing deviations and testing the accuracy of
menguji ketepatan arah strategis Perusahaan. Hasil evaluasi dan Company’s strategic direction. The results of the evaluation and
review arahan strategis adalah berupa rekomendasi perlu atau review of strategic direction are in the form of recommendations
tidaknya perbaikan terhadap strategi Perusahaan. on whether or not to improve the Company’s strategy.
Pada Tahun 2019, ANTAM melakukan review terhadap RJPP In 2019, ANTAM conducted a review of the Long Term Corporate
2018-2022 melalui penyelarasan dengan RJPP Holding Industri Planning 2018-2022 through alignment with the Long Term
Pertambangan. Corporate Planning of Mining Industry Holding.
Keputusan-Keputusan Direksi Decisions of The Board of Directors

Anggota Direksi telah mengeluarkan berbagai keputusan baik Members of the Board of Directors have issued various decisions
di bidang keuangan, pengembangan, operasional, sumber in the areas of finance, development, operations, human capital,
daya manusia, Corporate Social Responsibility (CSR), serta Corporate Social Responsibility (CSR), as well as marketing. The
pemasaran. Surat Keputusan (SK) Direksi yang dihasilkan selama Decree of The Board of Directors made during 2019 are as
tahun 2019, antara lain sebagai berikut: follows:
1. Pembentukan Tim Pengadaan Barang dan Jasa, Tim 1. Formation of Goods and Services Procurement Team, Quality
Pengelola Sistem Manajemen Mutu, Tim Pembebasan Management System Management Team, Mempawah
Lahan Proyek SGA Mempawah, Tim Investasi Dana Pensiun Smelter Grade Alumina Project Land Acquisition Team,
Lembaga Keuangan, Tim Pembebasan Lahan Unit Geomin & Financial Institution Pension Fund Investment Team, Geomin
Technology Development, dan Tim Pelaksana Ekspor Ore; & Technology Development Unit Land Acquisition Team, and
2. Pemberian Penghargaan Pegawai; Ore Export Implementation Team;
3. Pengangkatan/Rotasi/Promosi Pegawai; 2. Employee Awards;
3. Appointment/Rotation/Promotion of Employees;
4. Penetapan Wakil Perusahaan di Anak Perusahaan, Afiliasi 4. Appointment of Company Representatives in Subsidiaries,
Minoritas, Entitas Terkendali dan Pengendalian Bersama; Minority Affiliates, Controlled Entities and Joint Venture;
5. Struktur Organisasi Perusahaan; 5. Company Organization Structure;
6. Kebijakan Eksplorasi dan Pengembangan Perusahaan; 6. Company Exploration and Development Policy;
7. Kebijakan Pemasaran dan Penjualan Komoditas Nikel dan 7. Marketing and Sales of Nickel and Bauxite Commodities
Komoditas Bauksit; Policy;
8. Perubahan Kebijakan Pedoman Pengelolaan Rantai Pasokan; 8. Amendment of the Supply Chain Management Guidelines
9. Kebijakan Pemasaran dan Perdagangan Logam Mulia; Policy;
10. Kebijakan Eksplorasi, Manajemen Perizinan, Pengelolaan 9. Precious Metals Marketing and Trading Policy;
Resources and Reserves dan Pengembangan Teknologi; 10. Exploration, Licensing Management, Resources and Reserves
11. Pedoman Umum Tata Kelola Dana Pensiun ANTAM; dan Management and Technology Development Policy;
12. Perubahan Logo Perusahaan. 11. General Guidelines for ANTAM Pension Fund Governance; and
12. Changes to the Company Logo.
Penilaian atas Kinerja Komite di Bawah Direksi Assessment of The Performance of Committee
Under the Board of Directors
ANTAM tidak memiliki Komite yang berada di bawah Direksi. ANTAM does not have any Committee under the Board of
Pelaksanaan tugas dan tanggung jawab Direksi didukung Directors. Duties and responsibilities of the Board of Directors
oleh Satuan Kerja yang dipimpin oleh Senior Vice President/ are supported by the work units headed by Senior Vice President/
Vice President/General Manager/Project Manager serta Organ Vice President/General Manager/Project Manager as well as
Fungsional lainnya. other functional organs.
Hubungan Dewan Komisaris dan Direksi

The Relationship between the Board of
Commissioners and the Board of Directors
Dalam mewujudkan fungsi check & balance di Perusahaan, In performing check and balance in the Company, the Board
Dewan Komisaris dan Direksi memiliki hubungan dalam of Commissioners and the Board of Directors has relationships
pelaksanaan tugas dan tanggung jawabnya sebagaimana in the execution of its duties and responsibilities as mandated
diamanahkan dalam Anggaran Dasar Perseroan, Charter Dewan by the Articles of Association, BOC and BOD Charter and the
Komisaris dan Direksi serta Peraturan Perundang-undangan prevailing laws and regulations. The relationship between the
yang berlaku. Hubungan Dewan Komisaris dengan Direksi dapat Board of Commissioners and the Board of Directors may include,
mencakup tetapi tidak terbatas pada hal-hal antara lain sebagai but not limited to the following matters:
berikut: 1. The Board of Commissioners approves in written the
1. Dewan Komisaris menyetujui secara tertulis usulan Direksi proposals of the Board of Directors regarding the Long Term
mengenai RJPP, RKAP, Pengangkatan dan pemberhentian Corporate Planning, Corporate Work and Budget Plan, the
Kepala Satuan Pengawasan Intern & Sekretaris Perusahaan Appointment and Dismissal of Head of Internal Audit and
serta hal-hal lain sebagaimana tercantum dalam Anggaran Corporate Secretary, and other matter as specified in the
Dasar Perseroan dan peraturan perundang-undangan yang Company’s Articles of Association and the prevailing laws
berlaku; and regulations;
2. Direksi wajib menyampaikan laporan berkala kepada Dewan 2. The Board of Directors shall present periodic reports to
Komisaris sebagai fungsi pengawasan Dewan Komisaris the Board of Commissioners as the implementation of the
terhadap kebijakan pengurusan Perseroan serta bersama- Board of Commissioners’ supervisory function towards the
sama dengan Direksi menyampaikan Laporan Tahunan Company’s management policy. The Board of Commissioners
kepada RUPS; together with the Board of Directors shall submit the Annual
3. Dewan Komisaris wajib mengadakan rapat bersama Direksi Report to the GMOS;
dalam rangka mengikuti perkembangan kegiatan Perseroan, 3. The Board of Commissioners shall hold meetings with the
memberikan pendapat, saran dan nasihat kepada Direksi Board of Directors in order to keep abreast of the Company’s
dalam melakukan pengurusan Perseroan; activities, provide opinions, suggestions and advices to the
4. Bersama-sama dengan Direksi melakukan kajian Visi dan Board of Directors in conducting the management of the
Misi Perusahaan; Company;
5. Apabila diperlukan, Dewan Komisaris dibantu Direksi dalam 4. The Board of Commissioners together with the Board of
proses penunjukan calon auditor eksternal sesuai dengan Directors review the Company’s vision and mission;
ketentuan pengadaan barang & jasa, dan penunjukan penilai 5. When deemed necessary, the Board of Commissioners
(assessor) independen dalam proses asesmen penerapan may be assisted by the Board of Directors in the process of
GCG di Perseroan; appointment of external auditor candidates in accordance
6. Dewan Komisaris berhak memperoleh akses atas informasi with the provisions of goods and services procurement and
Perseroan secara tepat waktu, terukur dan lengkap; appointment of independent assessors in the process of
7. Dengan pemberitahuan terlebih dahulu sebelumnya, Dewan GCG implementation assessment;
Komisaris dapat menghadiri rapat Direksi dan memberikan 6. The Board of Commissioners is entitled to obtain access
pandangan-pandangan terhadap hal-hal yang dibicarakan; to the Company’s information in a timely, measurable and
8. Hal-hal lainnya sebagaimana tercantum dalam Charter complete manner;
Dewan Komisaris dan Charter Direksi serta Anggaran 7. Upon giving a prior notice, the Board of Commissioners may
Dasar Perseroan dan peraturan perundang-undangan yang attend Board of Directors’ meetings and provide opinions on
berlaku. issues discussed;
8. Any other matter as specified in the Charter of the Board of
Commissioners, the Charter of the Board of Directors and
Articles of Association as well as the prevailing laws and
regulations.
Rapat Dewan Komisaris, Rapat Dewan

Komisaris yang Mengundang Direksi,
dan Rapat Direksi
The Board of Commissioners Meeting, The Board of Commissioners Meeting
That Invites The Board of Directors, and The Board of Directors Meeting
Rapat Dewan Komisaris The Board of Commissioners Meeting

Sesuai Anggaran Dasar Perseroan, rapat Dewan Komisaris According to the Company’s Article of Association, the Board
diadakan sekurang-kurangnya sekali setiap 2 (dua) bulan. of Commissioners’ meeting shall be held at least once every
Pemanggilan rapat dilakukan oleh Komisaris Utama dan 2 (two) months. Invitation for the meeting conducted by the
disampaikan paling lambat 5 (lima) hari sebelum rapat diadakan, Board of Commissioners and should be delivered no later 5 (five)
dengan tidak memperhitungkan tanggal pemanggilan dan days before the meeting is held, by excluding the invitation and
tanggal rapat, atau dalam waktu yang lebih singkat jika dalam meeting date or for a shorter period in urgent circumstances.
keadaan mendesak. Rapat Dewan Komisaris adalah sah dan The meeting of the Board of Commissioners is valid and entitled
berhak mengambil keputusan yang mengikat apabila dihadiri to take binding decisions or represented by more than ½ (one-
atau diwakili oleh lebih dari ½ (satu per dua) dari jumlah anggota half) from the total members of the Board of Commissioners.
Dewan Komisaris.
Bahan rapat disampaikan kepada peserta rapat paling lambat The material was delivered to participants meeting no later
5 (lima) hari sebelum rapat diselenggarakan. Jika rapat yang than 5 (five) days before the meeting is held. In the event of a
diselenggarakan di luar jadwal yang telah disusun, bahan rapat meeting held outside of the schedule that had been scheduled,
disampaikan kepada peserta rapat paling lambat sebelum rapat the materials are submitted to the participant at the latest before
diselenggarakan. the meeting is held.
Rapat Internal Dewan Komisaris dipimpin oleh Komisaris Utama, The Board of Commissioners meeting is led by the President
dalam hal Komisaris Utama tidak dapat hadir atau berhalangan, Commissioner, in the event that the President Commissioner
rapat Dewan Komisaris dipimpin oleh seorang anggota Dewan cannot be present or unable to attend, the Board of
Komisaris lainnya yang ditunjuk oleh Komisaris Utama. Dalam hal Commissioners’ meeting will be led by other members of
Komisaris Utama tidak melakukan penunjukan, maka anggota the Board of Commissioners appointed by the President
Dewan Komisaris yang paling lama menjabat sebagai anggota Commissioner. In the event that the President Commissioner
Dewan Komisaris bertindak sebagai pimpinan Rapat Dewan does not make an appointment, the longest member of the
Komisaris. Dalam hal anggota Dewan Komisaris yang paling Board of Commissioners shall led the meeting. In the case of the
lama menjabat lebih dari satu orang, maka yang memimpin longest member of the Board of Commissioners are more than
rapat adalah anggota Dewan Komisaris yang tertua dalam usia. one person, then the eldest member shall led the meeting.
Pada tahun 2019, Rapat Internal Dewan Komisaris 2019 sampai During 2019, Internal Meeting of the Board of Commissioner
dengan bulan Oktober 2019 dipimpin oleh Komisaris Utama, until October 2019 was led by President Commissioner, Fachrul
yaitu Fachrul Razi. Adapun rapat Internal Dewan Komisaris pada Razi. As for the Internal Meeting of the Board of Commissioners
bulan November dan Desember 2019 dipimpin oleh Zaelani, on November and December was led by Zaelani, as the longest
selaku anggota Dewan Komisaris yang paling lama menjabat member of the Board of Commissioners who is given the
yang diberikan kuasa untuk memimpin rapat Internal Dewan authority to lead the Board of Commissioners' Internal Meetings.
Komisaris. Pemberian kuasa ini dilakukan karena sejak tanggal This power of attorney was granted because since October 23,
23 Oktober 2019, Fachrul Razi tidak lagi menjabat sebagai 2019, Fachrul Razi had no longer served as ANTAM's President
Komisaris Utama ANTAM. Commissioner.
Rapat Dewan Komisaris 2019 telah diagendakan sebelum tahun Meeting of the Board of Commissioners 2019 is scheduled
berjalan yang dituangkan di dalam program kerja Dewan Komisaris before the ongoing year as stipulated in the Board of
tahun 2019, dimana Rapat Internal Dewan Komisaris dilaksanakan Commissioner’s working program in 2019, where the Internal
1 (satu) kali dalam sebulan yang dihadiri oleh seluruh anggota Meeting of the Board of Commissioners is held once in a month
Dewan Komisaris. Selama tahun 2019, Rapat Internal Dewan which attended by all of the Board of Commissioner members.
Komisaris telah dilakukan sebanyak 12 (dua belas) kali yang During 2019, Internal Meeting of the Board of Commissioner
dihadiri oleh anggota Dewan Komisaris dan pihak lain sesuai was held 12 (twelve) times and attended by the members of the
kebutuhan rapat. Board of Commissioners and other relevant parties according to
meeting needs.
Kehadiran Anggota Dewan Komisaris dalam Rapat Dewan Komisaris Tahun 2019
Attendance of the Member of the Board of Commissioners on the Board of Commissioners’
Meeting in 2019
1 2 3 4 5 6 7 8 9 10 11 12 Persentase
Jumlah Kehadiran
Nama Jabatan Jumlah Rapat Kehadiran
22- 25- 13- 18- 21- 21- 23- 30- 21- 31- 29- 23- Number of
Name Position Total Meeting Percentage of
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Attendance
Attendance
Komisaris Utama
Agus Surya Bakti1 President √ 1 1 100,00%
Commissioner
Gumilar Rusliwa Komisaris

√ √ √ √ √ √ √ √ √ √ √ √ 12 12 100,00%
Somantri Commissioner
Komisaris
Independen
Anang Sri Kusuwardono √ √ √ √ √ √ √ √ √ √ √ √ 12 12 100,00%
Independent
Commissioner
Komisaris
Zaelani √ √ √ √ √ √ √ √ √ √ √ √ 12 12 100,00%
Commissioner
Komisaris
Dadan Kusdiana2 √ √ √ √ √ √ √ √ 8 8 100,00%
Commissioner
Komisaris
Arif Baharudin2 √ √ √ √ √ √ √ √ 8 8 100,00%
Commissioner
Komisaris Utama
Fachrul Razi3 President √ √ √ √ √ √ √ √ √ √ 10 10 100,00%
Commissioner
Komisaris
Independen
Robert A. Simanjuntak4 √ √ √ 3 3 100,00%
Independent
Commissioner
Rata-Rata Kehadiran Dewan Komisaris

100,00%
Average Meeting Attendance of the Board of Commissioners
1
2
3
4
Agenda Rapat Dewan Komisaris Tahun 2019

Agenda of the Board of Commissioners’ Meeting in 2019
Tanggal Rapat
No. Agenda Rapat Meeting Agenda
Date of Meeting
1. 22 Januari 2019 1. Perkembangan Proyek Smelter Grade Alumina Refinery 1. Progress of Smelter Grade Alumina Refinery (SGAR)
January 22, 2019 (SGAR) Project
2. Perkembangan PT Indonesia Chemical Alumina 2. Progress of PT Indonesia Chemical Alumina
3. Agenda Tambahan 3. Additional Agenda
2. 25 Februari 2019 1. Laporan Tahunan Dana Pensiun (DAPEN) dan Yayasan 1. Annual Report of the Pension Fund (DAPEN) and the
February 25, 2019 Kesehatan Pensiunan (YAKESPEN) Pension Health Foundation (YAKESPEN)
2. Tindak Lanjut Rapat Sebelumnya terkait SOP Hal-Hal yang 2. Follow Up the Previous Meeting concerning SOP
Membutuhkan Persetujuan Dewan Komisaris of Matters that Need Approval of the Board of
3. Laporan PT Indonesia Coal Resources dan PT Citra Commissioners
Tobindo Sukses Perkasa 3. PT Indonesia Coal Resources and PT Citra Tobindo Sukses
4. Kajian atas Surat Direksi terkait Skema Kerja sama Proyek Perkasa Progress Report
Smelter Blast Furnance Nickel Pig Iron (NPI)-PT Antam 4. Review of the Directors' Letter concerning the
Niterra Haltim (ANH) Collaboration Scheme of the Nickel Pig Iron Smelter Blast
Furnance Project (NPI)-PT Antam Niterra Haltim (ANH)
3. 13 Maret 2019 1. Persiapan RUPS Tahun Buku 2018 dan Progres 1. Preparation for the GMOS for Financial Year 2018 and
March 13, 2019 Penyusunan Annual Report 2018 Progress of Annual Report 2018
2. Agenda lain-lain 2. Other agenda
4. 18 April 2019 1. Usulan Perubahan Peraturan DAPEN 1. Proposed Amendment to the Pension Fund Regulation
April 18, 2019 2. Kajian Usulan Besaran Dividen Tahun Buku 2018 2. Evaluation of Proposed Dividend for Financial Year 2018
3. Hasil Key Performance Indicators (KPI) Direksi Tahun Buku 3. Key Performance Indicators (KPI) Results of the Board of
2018 Directors for Financial Year 2018
Agenda Rapat Dewan Komisaris Tahun 2019

Agenda of the Board of Commissioners’ Meeting in 2019
Tanggal Rapat
Date of Meeting
5. 21 Mei 2019 1. Tindak lanjut Keputusan RUPS Tahun Buku 2018 1. Follow-up to the Resolutions of GMOS for Financial Year
May 21, 2019 2. Persiapan Proses Pengoperasian ESF-60 MW Proyek 2018
Pembangunan Pabrik Feronikel Halmahera Timur 2. Preparation of the Operation of ESF-60 MW East
3. Progres penyelesaian Temporary Power untuk Halmahera Ferronickel Plant Development Project
Komisioning P3FH 3. Progress completion of Temporary Power (PLTD) for P3FH
4. Agenda lain-lain Commissioning
4. Other agenda
6. 21 Juni 2019 1. Laporan Safety PT Cibaliung Sumberdaya 1. Safety Report of PT Cibaliung Sumberdaya
June 21, 2019 2. Evaluasi atas Usulan Perubahan Struktur Organisasi 2. Evaluation of Proposed Changes in Organizational
3. Progres Penyelesaian Proyek Pembangunan Pabrik Structure
Feronikel Halmahera Timur 3. East Halmahera Ferronickel Plant Development Project
4. Agenda lain-lain Completion Progress
4. Other agenda
7. 23 Juli 2019 1. Pembahasan Laporan Triwulanan Perusahaan: Laporan 1. Discussion of the Company's Quarterly Report:
July 23, 2019 Keuangan Konsolidasian, Laporan Keuangan Anak Consolidated Financial Statements, Financial Statements
Perusahaan, Progres Proyek Strategis Perusahaan, dan of Subsidiaries, Progress of the Company's Strategic
Pembahasan Key Performance Indicator (KPI) Perusahaan Projects, and Discussion of Company's Key Performance
per 30 Juni 2019. Indicators (KPI) as of June 30, 2019.
2. Progres Persiapan Komisioning Proyek Pembangunan 2. East Halmahera Ferronickel Plant Development Project
Pabrik Feronikel Halmahera Timur Commissioning Preparation Progress
3. Agenda Internal Dewan Komisaris 3. The Board of Commissioners' Internal Agenda
8. 30 Agustus 2019 1. Refinancing Investment Loan 1. Refinancing Investment Loans
August 30, 2019 2. Antisipasi Larangan Ekspor Ore Nikel 2. Anticipating of Nickel Ore Export Prohibition
3. Progres Proyek-Proyek Strategis ANTAM 3. Progress of ANTAM's Strategic Projects
9. 21 September 2019 1. Progres penyelesaian Proyek Pembangunan Pabrik 1. Progress in completing East Halmahera Ferronickel Plant
September 21, 2019 Feronikel Halmahera Timur Development Project
2. Update Kinerja Keuangan ANTAM sampai dengan posisi 2. Update on ANTAM's Financial Performance up to August
31 Agustus 2019 31, 2019
10. 31 Oktober 2019 1. Pembahasan Laporan Triwulanan Perusahaan: Laporan 1. Discussion of the Company's Quarterly Report:
October 31, 2019 Keuangan Konsolidasian, Laporan Keuangan Anak Consolidated Financial Statements, Financial Statements
Perusahaan, Progres Proyek Strategis Perusahaan, dan of Subsidiaries, Progress of the Company's Strategic
Pembahasan Key Performance Indicator (KPI) Perusahaan Projects, and Discussion of the Company's Key
per 30 September 2019 Performance Indicators (KPI) as of 30 September 2019
2. Penjelasan Rencana Kegiatan Ekplorasi ANTAM 2. Explanation of ANTAM's Exploration Activities Plan
3. Penjelasan rencana Penghematan Biaya Operasi 3. Explanation of the Company's Operating Cost Reduction
Perusahaan dan Usulan Tindak Lanjutnya plan and Proposed Follow-up Actions
11. 29 November 2019 1. Pembahasan Usulan Setoran Modal kepada PT Borneo 1. Discussion on Proposed Capital Injection to PT Borneo
November 29, 2019 Alumina Indonesia Alumina Indonesia
2. Pembahasan RKAP 2020 2. Discussion on Corporate Work and Budget Plan 2020
12. 23 Desember 2019 1. Pembahasan Laporan Triwulanan Perusahaan: Laporan 1. Discussion of the Company's Quarterly Report:
December 23, 2019 Keuangan Konsolidasian posisi November-Desember Consolidated Financial Statements November-December
2019 dan Progres Proyek Strategis Perusahaan per 20 2019 and Progress of the Company's Strategic Projects as
Desember 2019 of December 20, 2019
2. Laporan Kunjungan Kerja Anggota Direksi ke Luar Negeri 2. Report of Work Visit of Members of the Board of
Directors Overseas
Rapat Dewan Komisaris yang Mengundang Board of Commissioners Meeting That Invites the
Direksi Board of Directors
Sesuai Anggaran Dasar Perseroan, Rapat Dewan Komisaris According to the Company’s Article Association, the meeting of
bersama Direksi diselenggarakan secara berkala paling kurang 1 the Board of Commissioners inviting the Board of Directors is
(satu) kali dalam 4 (empat) bulan, dengan agenda pembahasan held at least 1 (one) time in 4 (four) months. The meeting agenda
di antaranya membahas progress kinerja Perusahaan, isu-isu is such as discussing progress of the Company’s performance,
strategis Perseroan atau corporate action yang perlu diketahui/ issues of corporate strategic or corporate action that needs to be
disetujui oleh Dewan Komisaris. known/approved by the Board of Commissioners.
Rapat Dewan Komisaris 2019 telah diagendakan sebelum Meeting of the Board of Commissioners in 2019 is scheduled
tahun berjalan yang dituangkan di dalam program kerja Dewan before the ongoing year as stipulated in the Board of
Komisaris tahun 2019, dimana Rapat Dewan Komisaris yang Commissioner’s working program in 2019, where the meeting of
mengundang Direksi akan dilaksanakan 1 (satu) kali dalam the Board of Commissioners that inviting the Board of Directors
sebulan. Pada tahun 2019, Rapat Dewan Komisaris yang will be held once in a month. During 2019, Meeting of the Board
mengundang Direksi telah dilakukan sebanyak 12 (dua belas) of Commissioners that invited the Board of Directors was held
kali dengan rincian kehadiran dan agenda untuk masing-masing 12 (twelve) times with detail of attendance and agenda for each
rapat di bawah ini: meeting bellow:
Kehadiran Dewan Komisaris dan Direksi dalam Rapat Dewan Komisaris yang Mengundang Direksi
Tahun 2019
Attendance of the Board of Commissioners and the Board of Directors on the Board of
Commissioners’ Meeting Inviting the Board of Directors in 2019
1 2 3 4 5 6 7 8 9 10 11 12 Persentase
Jumlah Kehadiran
31- 28- 13- 18- 21- 21- 23- 30- 24- 31- 29- 23- Number of
Attendance
Komisaris Utama
Agus Surya Bakti1 President √ 1 1 100,00%
Commissioner
Gumilar Rusliwa Komisaris
√ √ √ √ √ √ √ √ √ √ √ √ 12 12 100,00%
Somantri Commissioner
Komisaris
Independen
Anang Sri Kusuwardono √ √ √ √ √ √ √ √ √ √ √ √ 12 12 100,00%
Independent
Commissioner
Komisaris
Zaelani √ √ √ √ √ √ √ √ √ √ √ √ 12 12 100,00%
Commissioner
Komisaris
Dadan Kusdiana2 √ √ √ √ √ √ √ √ 8 8 100,00%
Commissioner
Komisaris
Arif Baharudin2 √ √ √ √ √ √ √ √ 8 8 100,00%
Commissioner
Komisaris Utama
Fachrul Razi3 President √ √ √ √ √ √ √ √ √ √ 10 10 100,00%
Commissioner
Komisaris
Independen
Robert A. Simanjuntak4 √ √ √ 3 3 100,00%
Independent
Commissioner
Rata-Rata Kehadiran Dewan Komisaris
100,00%
Average Meeting Attendance of the Board of Commissioners
Direktur Utama
Dana Amin1 √ 1 1 100,00%
President Director
Direktur Operasi
dan Produksi
Hartono2 Director of √ √ √ √ √ √ √ √ 8 8 100,00%
Operation and
Production
Direktur Niaga
Aprilandi Hidayat Setia2 Director of √ √ √ √ √ √ √ √ 8 8 100,00%
Commerce
Direktur Sumber
Daya Manusia
Luki Setiawan Suardi2 √ √ √ √ √ √ √ √ 8 8 100,00%
Director of Human
Resources
Direktur Keuangan
Anton Herdianto1 √ 1 1 100,00%
Director of Finance
Direktur
Pengembangan
Risono1 Usaha √ 1 1 100,00%
Director of Business
Development
Direktur Utama
Arie Prabowo Ariotedjo5 √ √ √ √ √ √ √ √ √ √ √ 11 11 100,00%
President Director
√ √ √ √ √ √ √ √ √ √ √ 11 11 100,00%
Direktur
Pengembangan
Sutrisno S. Tatetdagat5 √ √ √ √ √ √ √ √ √ √ √ 11 11 100,00%
Development
Director
Direktur Pemasaran
Tatang Hendra6 √ √ √ X 4 3 75,00%
Marketing Director
Kehadiran Dewan Komisaris dan Direksi dalam Rapat Dewan Komisaris yang Mengundang Direksi
Tahun 2019
Attendance of the Board of Commissioners and the Board of Directors on the Board of
Commissioners’ Meeting Inviting the Board of Directors in 2019
1 2 3 4 5 6 7 8 9 10 11 12 Persentase
Jumlah Kehadiran
31- 28- 13- 18- 21- 21- 23- 30- 24- 31- 29- 23- Number of
Attendance
Direktur Human
Capital dan CSR
Johan N.B. Nababan6 √ √ √ √ 4 4 100,00%
Human Capital &
CSR Director
Direktur Operasi
Hari Widjajanto4 √ √ √ 3 3 100,00%
Operation Director
Rata-Rata Kehadiran Direksi
97,91%
Average Meeting Attendance of the Board of Directors
Rata-Rata Kehadiran Direksi dan Dewan Komisaris
98,75%
Average Meeting Attendance of The Board of Directors and The Board Commissoners
1
2
3
4
5
6
Berhenti sejak 24 April 2019 Ceased since April 24, 2019
Agenda Rapat Dewan Komisaris yang Mengundang Direksi di Tahun 2019

Agenda of the Board of Commissioners’ Meeting Inviting the Board of Directors in 2019
Tanggal Rapat
Date of Meeting
1. 31 Januari 2019 1. Tindak Lanjut Rapat Bulan sebelumnya 1. Follow up the previous meeting resolutions
January 31, 2019 2. Laporan Kinerja Manajemen sampai dengan 2. Management Performance Report until December 2018
Desember 2018 3. Other agenda
3. Agenda Lain-lain
2. 28 Februari 2019 1. Laporan Singkat Rapat Koordinasi Holding Industri 1. A brief report of the 9th Mining Industry Holding (HIP)
February 28, 2019 Pertambangan yang ke-9 Coordination Meeting
2. Laporan Kinerja Manajemen sampai dengan Januari 2019 2. Management Performance Report until January 2019
3. Agenda Lain-lain 3. Other agenda
3. 13 Maret 2019 1. Laporan Singkat Rapat Koordinasi Holding Industri 1. A brief report of the 10th Mining Industry Holding (HIP)
March 13, 2019 Pertambangan yang ke-10 Coordination Meeting
2. Laporan Kinerja Manajemen sampai dengan Februari 2. Management Performance Report until February 2019
2019 3. Other agenda
3. Agenda Lain-lain
4. 18 April 2019 1. Persiapan RUPS Tahun Buku 2018 dan Progres 1. Preparation of GMOS Financial Year 2018 and drafting
April 18, 2019 Penyusunan Annual Report 2018 progress of Annual Report 2018
2. Laporan Singkat Rapat Koordinasi Holding Industri 2. A brief report of the 11th Mining Industry Holding (HIP)
Pertambangan yang ke-11 Coordination Meeting
3. Laporan Kinerja Manajemen sampai dengan Maret 2019 3. Management Performance Report until March 2019
4. Agenda Lain-lain 4. Other Agenda
5. 21 Mei 2019 1. Program Pengenalan ANTAM kepada Dewan Komisaris 1. Induction Program to the Board of Commissioners and
May 21, 2019 dan Direksi yang baru diangkat untuk pertama kalinya Directors Who Newly Appointed for the First Time
3. Laporan Kinerja Manajemen sampai dengan April 2019 3. Management Performance Report until April 2019
6. 21 Juni 2019 1. Laporan Kunjungan Direksi ke Luar Negeri pada Bulan 1. Report of the Board of Directors Business Trip to Overseas
June 21, 2019 April dan Mei 2019 in April and May 2019.
3. Laporan Kinerja Manajemen sampai dengan Mei 2019 3. Management Performance Report until May 2019
7. 23 Juli 2019 1. Laporan Singkat Rapat Koordinasi Holding Industri 1. A brief report of the 14th Mining Industry Holding (HIP)
July 23, 2019 Pertambangan yang ke-14 Coordination Meeting
2. Laporan Kinerja Manajemen sampai dengan Juni 2019 2. Management Performance Report until June 2019
8. 30 Agustus 2019 1. Update Perkembangan Proyek Pembangunan Pabrik 1. Progress of East Halmahera Ferronickel Plant Development
August 30, 2019 Feronikel Halmahera Timur (P3FH) dan Proyek Project and ANTAM Power Plant Development Project
Pembangunan Pembangkit Listrik ANTAM (P3LA) 2. Discussion on the Directors' Letter Regarding Request
2. Pembahasan Surat Direksi Perihal Permohonan for Approval of Appointment of Funding/Withdrawal
Persetujuan Penunjukan Penyedia Jasa Pendanaan/ Providers for Refinancing Investment Loans
Penarikan Pinjaman untuk Refinancing Kredit Investasi 3. Precious Metals Processing and Refinery Business Unit
3. Laporan UBPP Logam Mulia Report
4. Antisipasi Larangan Ekspor Ore Nikel 4. Anticipating Nickel Ore Export Prohibition
5. Progress SGAR Mempawah 5. SGAR Mempawah Progress
6. Agenda lain-lain 6. Other Agenda
Agenda Rapat Dewan Komisaris yang Mengundang Direksi di Tahun 2019

Agenda of the Board of Commissioners’ Meeting Inviting the Board of Directors in 2019
Tanggal Rapat
Date of Meeting
9. 24 September 2019 1. Laporan Singkat Rapat Koordinasi Holding Industri 1. A brief report of the 16th Mining Industry Holding (HIP)
September 24, 2019 Pertambangan yang ke-16 Coordination Meeting
2. Update Rencana Pengadaan Listrik untuk Proyek 2. Update on Electricity Procurement Plan for East
Pembangunan Pabrik Feronikel Halmahera Timur (P3FH) Halmahera Ferronickel Plant Development Project.
3. Laporan Kinerja Manajemen sampai dengan Agustus 3. Management Performance Report until August 2019.
2019 4. Other agenda
4. Agenda Lain-lain
10. 31 Oktober 2019 1. Observasi Corporate Governance Perception Index (CGPI) 1. Observations of Corporate Governance Perception Index
October 31, 2019 2018 (CGPI) 2018
3. Laporan Kinerja Manajemen sampai dengan 3. Management Performance Report until September 2019.
September 2019 4. Other agenda.
4. Agenda Lain-lain
11. 29 November 2019 1. Laporan Kunjungan Direksi ke Luar Negeri dalam 3 (tiga) 1. Report of the Board of Director Business Trip to Overseas
November 29, 2019 Bulan Terakhir for the Past 3 (three) Months
2. Laporan Kinerja Manajemen sampai dengan Oktober 2. Management Performance Report until October 2019.
2019 3. Other Agenda
3. Agenda Lain-lain
12. 23 Desember 2019 1. Program Pengenalan ANTAM Kepada Dewan Komisaris 1. ANTAM's Induction Program to the Board of
December 23, 2019 dan Direksi yang baru Diangkat untuk Pertama kalinya Commissioners and the Board of Directors who
Pasca RUPS Luar Biasa tanggal 19 Desember 2019 Appointed for the First Time After the Extraordinary
2. Laporan Kinerja Manajemen sampai dengan GMOS on 19 December 2019
November 2019 2. Management Performance Report until November 2019
3. Agenda Lain-lain 3. Other Agenda.
Rapat Direksi The Board of Directors Meeting

Berdasarkan Anggaran Dasar Perseroan, Direksi wajib According to Article of Association, the Board of Directors must
mengadakan Rapat Direksi secara berkala paling kurang 1 (satu) convene a meeting of the Board of Directors at least 1 (one) time
kali dalam setiap bulan atau setiap waktu bilamana: in every month or any time when:
• Dipandang perlu oleh Direktur Utama atau oleh seorang • Deemed necessary by the President Directors or by one or
atau lebih anggota Direksi; more members of the Board of Directors;
• Atas permintaan tertulis Dewan Komisaris; atau • Upon written request of the Board of Commissioners; or
• Atas permintaan tertulis 1 (satu) pemegang saham atau • Upon written request 1 (one) of the Shareholder or jointly
lebih yang bersama-sama mewakili 1/10 (satu per sepuluh) representing 1/10 (one tenth) of the total shares with legal
bagian dari jumlah seluruh saham dengan hak suara yang voting rights, by mentioning the things that will be discussed.
sah dengan menyebutkan hal-hal yang akan dibicarakan.
Rapat Direksi adalah sah dan berhak mengambil keputusan yang The Board of Directors’ Meeting is valid and may take valid and
sah dan mengikat apabila dihadiri atau diwakilkan oleh lebih binding decisions if at least attended or represented by more than
dari ½ (satu per dua) dari jumlah anggota Direksi. ½ (one-half) the numbers of members of the Board of Directors.
Bahan rapat disampaikan kepada peserta rapat paling lambat 5 The material of the Meeting was delivered to participants
(lima) hari sebelum rapat diselenggarakan. Dalam hal terdapat meeting no later than 5 (five) days before the meeting was held.
rapat yang diselenggarakan di luar jadwal yang telah disusun, In the event of a meeting is held outside of the schedule that has
bahan Rapat disampaikan kepada peserta rapat paling lambat been scheduled, the materials are submitted to the participant at
sebelum rapat diselenggarakan. the latest before the meeting is held.
Rapat Direksi dipimpin oleh Direktur Utama, dalam hal Direktur The Board of Directors meeting is led by the President Director,
Utama tidak hadir atau berhalangan, maka salah seorang in the event that the President Director cannot be present or
Direktur yang ditunjuk secara tertulis oleh Direktur Utama unable to attend, the Board of Directors meeting will be led
yang memimpin Rapat Direksi. Dalam hal Direktur Utama tidak by other members of the Board of Directors appointed by the
melakukan penunjukan, maka salah seorang Direktur yang President Director. In the event that the President Director does
terlama dalam jabatan sebagai anggota Direksi yang memimpin not make an appointment, the longest member of the Board
Rapat Direksi. Dalam hal Direktur yang paling lama menjabat of Directors shall led the meeting. In the case of the longest
sebagai anggota Direksi Perseroan lebih dari 1 (satu) orang, member of the Board of Directors more than 1 (one) person,
maka Direktur yang memimpin rapat Direksi adalah Direktur then the eldest member shall led the meeting.
yang tertua dalam usia.
Rapat Direksi 2019 telah diagendakan sebelum tahun berjalan Meeting of the Board of Directors in 2019 is scheduled before
yang dituangkan di dalam program kerja Direksi tahun 2019, the ongoing year as stipulated in the Board of Directors’ working
dimana Rapat Direksi akan dilaksanakan minimal 1 (satu) kali program in 2019, where the meeting of the Board of Directors
dalam sebulan. Pada tahun 2019, Rapat Direksi telah dilakukan will be held at least once in a month. During 2019, Meeting of
sebanyak 43 (empat puluh tiga) kali dengan rincian kehadiran the Board of Directors was held 43 (forty three) times with detail
dan agenda untuk masing-masing rapat di bawah ini: of attendance and agenda for each meeting bellow:
Kehadiran Direksi dalam Rapat Direksi Tahun 2019

Attendance of the Board of Directors in the Board of Director’s Meeting 2019
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Nama Jabatan
Name Position 08- 15- 31- 04- 19- 21- 22- 01- 05- 19- 01- 05- 30- 7- 10- 14- 21- 11-
Jan Jan Jan Feb Feb Feb Feb Mar Mar Mar Apr Apr Apr May May May May Jun
Direktur Utama
Dana Amin1
President Director
Direktur Operasi dan

Produksi
Hartono2 √ √ √ √ √ √
Director of Operation
and Production
Aprilandi Hidayat Direktur Niaga

√ √ √ X √ √
Setia2 Director of Commerce
Direktur Sumber Daya

Luki Setiawan Manusia
√ √ √ √ √ √
Suardi2 Director of Human
Resources
Direktur Keuangan
Anton Herdianto1
Director of Finance
Direktur
Pengembangan Usaha
Risono1
Development
Arie Prabowo Direktur Utama

√ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Ariotedjo3 President Director

√ √ √ √ √ √ √ √ √ X √ √ √ √ √ √ √ √
Direktur
Sutrisno S.
Pengembangan √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ X √ √
Tatetdagat3
Development Director
Direktur Pemasaran
Tatang Hendra4 √ √ √ √ √ X X X √ √ √ √
Marketing Director
Direktur Human
Johan N.B. Capital dan CSR
X X √ √ X √ √ √ √ √ √ X
Nababan4 Human Capital & CSR
Director
Direktur Operasi
Hari Widjajanto5 √ √ √ √ √ √ √ √ √ √
Operation Director
19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
Nama Jabatan
Name Position 18- 26- 02- 09- 16- 23- 07- 20- 27- 03- 17- 24- 01- 08- 15- 21- 22- 29-
Jun Jun Jul Jul Jul Jul Aug Aug Aug Sep Sep Sep Oct Oct Oct Oct Oct Oct
Direktur Utama
Dana Amin1
President Director

Produksi
Hartono2 √ X √ √ √ X √ √ √ √ √ √ √ √ √ X √ √
and Production

√ √ √ X √ √ √ √ √ √ √ √ √ X X √ √ √

√ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Resources
Direktur Keuangan
Anton Herdianto1
Director of Finance
Direktur
Pengembangan Usaha
Risono1
Development
19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
Nama Jabatan
Name Position 18- 26- 02- 09- 16- 23- 07- 20- 27- 03- 17- 24- 01- 08- 15- 21- 22- 29-
Jun Jun Jul Jul Jul Jul Aug Aug Aug Sep Sep Sep Oct Oct Oct Oct Oct Oct

√ √ √ X √ √ √ √ X √ √ √ √ √ √ √ √ X

√ √ √ √ √ √ √ X √ √ √ √ √ X √ √ √ √
Direktur
Sutrisno S.
Pengembangan √ X √ √ √ √ √ X √ √ √ √ √ X √ √ √ X
Tatetdagat3
Direktur Pemasaran
Tatang Hendra4
Marketing Director
Direktur Human

Director
Direktur Operasi
Hari Widjajanto5
Operation Director
37 38 39 40 41 42 43
Nama Jabatan Jumlah Rapat Jumlah Kehadiran Persentase Kehadiran
Name Position 05- 19- 26- 03- 10- 17- 30- Number of Meeting Total Attendance Percentage of Attendance
Nov Nov Nov Dec Dec Dec Dec
Direktur Utama
Dana Amin1 √ 1 1 100.00%
President Director

Produksi
Hartono2 √ √ X √ √ √ √ 31 27 87.10%
and Production

√ √ √ X √ √ √ 31 26 83.87%

√ √ √ √ √ √ √ 31 31 100.00%
Resources
Direktur Keuangan
Anton Herdianto1 √ 1 1 100.00%
Director of Finance
Direktur
Pengembangan Usaha
Risono1 √ 1 1 100.00%
Development

X √ √ √ √ √ 42 38 90.48%

√ √ X √ √ √ 42 38 90.48%
Direktur
Sutrisno S.
Pengembangan √ √ √ √ √ √ 42 37 88.10%
Tatetdagat3
Direktur Pemasaran
Tatang Hendra4 12 9 75.00%
Marketing Director
Direktur Human
12 8 66.67%
Director
Direktur Operasi
Hari Widjajanto5 10 10 100.00%
Operation Director
Rata-rata Kehadiran Direksi

90,14%
Average Meeting Attendance of the Baord of Directors
1
2
Efektif diangkat tanggal 26 Maret 2019 Appointed effectively on March 26, 2019
3
4
5
Agenda Rapat Direksi Tahun 2019

Agenda of the Meeting of the Board of Directors in 2019
Tanggal Rapat
Date of Meeting
1. 8 Januari 2019 • Internal Direksi. • Internal the Board of Directors.
January 8, 2019 • Laporan Divisi Base Metal Sales & Marketing. • Base Metal Sales & Marketing Division Report.
• Update SAA Newcrest. • SAA Newcrest update.
• Update JV Nikel. • Nickel JV Update.
• Update ANH. • ANH update.
• Progres Proyek P2FIP. • P2FIP Project Progress.
• Progres P3LA. • P3LA progress.
• Progres P3FH. • P3FH progress.
• Penjelasan Polis Asuransi D&O. • D&O Insurance Policy Explanation.
• Lain-lain • Other agenda
2. 15 Januari 2019 • Laporan Divisi Human Capital Management. • Human Capital Management Division Report.
January 15, 2019 • KPI Corporate 2019 Challenge Session. • KPI Corporate 2019 Challenge Session.
• Laporan Persiapan Rapat Pimpinan 2019, Pembentukan • 2019 Management Meeting, 2019 Annual Committee
Panitia Tahunan 2019 & RUPS Tahun Buku 2018. formation & GMOS Financial Year 2018 preparation
• Update Rencana Modernisasi Pabrik Emas UBPP Logam report.
Mulia. • Update on UBPP Metal Gold Factory Modernization Plan.
• Prognosa 1Q18 vs 1Q19 (Produksi, Penjualan, Harga, • 1Q18 vs 1Q19 Prognosis (Production, Sales, Prices, Profit
Laba Rugi). and loss).
• Highlights Produksi & Penjualan PT ICA. • Highlights of Production & Sales of PT ICA.
• Closing P3FP. • Closing P3FP.
• Pemilihan Cover Annual Report & Sustainability Report. • Selection of Cover Annual Report & Sustainability Report.
• Lain-lain • Other agenda.
3. 31 Januari 2019 • Update penugasan executive assistant. • Executive Assistant assignment update.
January 31, 2019 • Hasil evaluasi organisasi perusahaan oleh Mercer. • Results of the evaluation of the company’s organization
by Mercer.
• Update persiapan rekomendasi ekspor bauksit atas proyek • Update on preparation of bauxite export
SGAR. recommendations for the project SGAR.
• Update laporan suksesi Human Capital Management. • Human Capital Management succession report update.
• Lain-lain. • Other agenda.
4. 4 Februari 2019 • Laporan Monitoring oleh Executive Assistant Direksi. • Monitoring Report from BOD Executive Assistant.
February 4, 2019 • Internal Direksi. • Internal the Board of Directors.
• Laporan Progress PT BAI. • PT BAI Progress Report.
• Laporan Progress PT STM. • PT STM Progress Report.
• Kajian Unit Learning & Development & Pengembangan • Learning & Development Unit Evaluation on Employee
Pegawai. Development.
• Evaluasi Proses Beauty Contest PT GAG Nikel. • Evaluation of the PT GAG Nickel Beauty Contest Process.
5. 19 Februari 2019 • Internal Direksi dengan presentasi penanganan kasus • Internal BOD with presentations on handling PT CTSP
February 19, 2019 PT CTSP & Butik LM Surabaya. cases & Boutique LM Surabaya.
• Evaluasi Organisasi Perusahaan. • Evaluation of Company Organizations.
• KPI Direksi Internalisasi Budaya Perusahaan. • KPI Board of Directors Internalize Corporate Culture.
• Laporan Employee Engagement Survey. • Employee Engagement Survey Report.
• Laporan Tim Inisiasi Pengembangan Proyek Pengolahan • Report from the Team of Low Grade Nickel Ore Processing
Bijih Nikel Kadar Rendah. Initiation Development Project.
• Laporan Tim Musyawarah. • Deliberation Team Report.
• Update Cadangan. • Backup Update.
• Laporan Divisi Human Capital Management. • Report from Human Capital Management Division.
6. 21 Februari 2019 Penetapan Sanksi kepada Pegawai terkait Kasus Perjanjian Stipulation of Sanctions to Employees related to Agreement
February 21, 2019 Pemurnian Logam Mulia. Cases Purification of Precious Metals.
7. 22 Februari 2019 • Pengajuan Usulan Tantiem Direksi dan Dewan Komisaris • Proposed Tantiem for BOD and BOC Financial Year 2018.
February 22, 2019 untuk Tahun Buku 2018. • Proposal for Salary/Honorarium for BOD and BOC for
• Pengajuan Usulan Gaji/Honorarium Direksi dan Dewan 2019.
Komisaris untuk Tahun 2019.
8. 1 Maret 2019 • Persiapan Sewa Listrik Pabrik FENI - P3FH oleh P3LA. • Preparation for FENI - P3FH Factory Electricity Rental by
March 1, 2019 P3LA.
9. 5 Maret 2019 • Internal Direksi. • Internal BOD.
March 5, 2019 • Laporan Monitoring Keputusan Rapat Direksi oleh • Report on Monitoring of BOD’ Meeting Resolutions by
Executive Assistant. Executive Assistant.
• Suksesi Human Capital Management. • Succession of Human Capital Management.
• Tax Planner. • Tax Planner.
• Update Potensi Arbitrase dengan Newcrest terkait • Arbitration Potential Update with Newcrest related to
PT NHM. PT NHM.
Tanggal Rapat
Date of Meeting
10. 19 Maret 2019 • Internal Direksi. • Internal BOD.
March 19, 2019 • Laporan Monitoring Keputusan Rapat Direksi. • Monitoring Report on BOD’ Meeting Decisions.
• Rencana Business Review & Risk Mitigation. • Business Review & Risk Mitigation Plan.
• Tindak Lanjut Rencana Konsultasi Business Review. • Follow up on the Business Review Consultation Plan.
• Pemaparan Temuan dan Rekomendasi Tata Kelola. • Presentation of Governance Findings and
• Tantiem Anak Perusahaan dan Rencana RUPS Anak Recommendations.
Perusahaan. • Subsidiary Tantiem and Subsidiary GMOS Plan Company.
• Laporan Tim Task Force P3LA. • P3LA Task Force Team Report.
• NPI Blast Furnance Project. • NPI Blast Furnance Project.
• Laporan Update IPPKH. • IPPKH Update Report.
• Penyesuaian KPI Korporat. • Corporate KPI Adjustment.
• Laporan Pemasaran. • Marketing Reports.
• Perubahan PDP & Komposisi Dewan Pengawasan Dapen. • Changes to PDP & Composition of Pension Fund
Supervisory Board.
11. 1 April 2019 • Laporan dari Executive Assistant Direksi. • Report from BOD Executive Assistant.
April 1, 2019 • Laporan Progres P3FH. • P3FH Progress Report.
• Laporan Progres P3LA. • P3LA Progress Report.
• Laporan Rekomendasi Tim Musyawarah. • Report on Recommendations from the Deliberation Team.
• Laporan Proses Pengadaan SCM. • SCM Procurement Process Report.
• Laporan Rencana Pemasaran. • Marketing Plan Report.
12. 5 April 2019 • Internal Direksi terkait Usulan Direksi & Komisaris Anak • Internal BOD related to proposal of BOD and
April 5, 2019 Perusahaan. Commissioner of Subsidiaries.
• Kajian Penjualan Emas UBP Emas dalam bentuk Granule. • Gold Mining Business Unit Evaluation of Sales in the form
Granule.
13. 30 April 2019 • Internal Direksi. • Internal Directors.
April 30, 2019 • Laporan Monitoring TIM EA. • EA TEAM Monitoring Report.
• Laporan Progress Mitra Kerja Strategis. • Strategic Partner Progress Report.
• Hasil Keputusan EXCO Meeting. • EXCO Meeting Decision Results.
• TOR Konsinyering BSO. • TOR Consignment BSO.
• Update P3LA. • P3LA updates.
• Update P3FH. • P3FH update.
• Laporan Human Capital Management. • Human Capital Management Report.
• Emerging Leadership Development Program. • Emerging Leadership Development Program.
• Pelaksanaan Tugas Belajar. • Implementation of Learning Tasks.
14. 7 Mei 2019 • Internal Direksi. • Internal Directors.
May 7, 2019 • Laporan Monitoring Executive Asisstant. • Executive Assistant Monitoring Report.
• Laporan Rekap Konsinyering dan Jadwal Kerja. • Consignment Recap Report and Work Schedule.
• Update Rencana Kerja sama dengan Mitra Kerja Strategis. • Update Coorporation Plan with Strategic Partner.
• Update Pedoman SCM. • Update on SCM Guidelines.
15. 10 Mei 2019 • Suksesi Human Capital Management. • Human Capital Management succession.
May 10, 2019 • Lain-lain. • Other agenda.
16. 14 Mei 2019 • Update PT NHL. • PT NHL update.

May 14, 2019 • Internal Direksi. • Internal BOD.
• Briefing Direksi Holding Industri Pertambangan. • Mining Industry Holding BOD Briefing.
• Tim Persiapan akuisisi. • The acquisition preparation team.
• Laporan Progress Eksplorasi Atlantis. • Atlantis Exploration Progress Report.
• Laporan Evaluasi Aset Gebe & Persetujuan Penetapan • Gebe Asset Evaluation Report & Designation Approval
Sewa Aset Non-Produktif. Rent Non-Productive Assets.
17. 21 Mei 2019 • Internal Direksi. • Internal BOD.
May 21, 2019 • Laporan Potensi Emas & Potash di Laos serta Rencana • Report on Potential of Gold & Potash in Laos and Plans
Kerja sama dengan Mitra Kerja Strategis. Collaboration with Strategic Partner.
• Laporan Inisiasi Arinem. • Arinem Initiation Report.
• Proposal WIUP Jawa Timur. • East Java Proposed WIUP.
• Update Spinoff PLTU Pomala. • Pomala Power Plant Spinoff Update.
• Penyertaan di Indometal London. • Inclusion in Indometal London.
• Suksesi Human Capital Management. • Human Capital Management succession.
• Konsep Tugas Belajar. • Concept of Study Assignment.
• Pengelolaan Concentrate Low Grade (CLG), Strategi • Management of Low Grade Concentrate (GLG), Strategy
Penjualan & Kerangka Acuan Kerja Business Review UBPP Precious Metals Processing and Refinery Business Unit
Logam Mulia. Sales & Term of Reference Business Review.
Tanggal Rapat
Date of Meeting
18. 11 Juni 2019 • Internal Direksi. • Internal BOD.
June 11, 2019 • Laporan Progress SGAR Mempawah/Upstream. • SGAR Mempawah/Upstream Progress Report.
• Laporan Pembebasan Lahan UBP Bauksit Kalimantan • West Kalimantan Bauxite Mining Business Unit Land
Barat. Acquisition Report.
• Laporan Perkembangan Pengadaan Listrik Pabrik oleh • Report on Progress of Factory Electricity Procurement by
P3LA. P3LA.
• Update Indometal. • Indometal updates.
• Program Kerja HOA dengan Mitra Kerja Strategis. • HOA Work Program with Strategic Partner.
• Tema Hari Ulang Tahun ANTAM ke-51. • 51st ANTAM Anniversary Theme.
• Remunerasi Anak Perusahaan/Afiliasi. • Subsidiary/Affiliate Remuneration.
• Penyesuaian General Increase & Merit Increase. • General Increase & Merit Increase Adjustment.
• Update Bohodopi & Matarape. • Bohodopi & Matarape updates.
• Finalisasi Pedoman SCM. • Finalization of the SCM Guidelines.
• Target Financial RKAP 2019. • Target Financial Work Plan and Budget 2019.
• Update ANH. • ANH update.
19. 18 Juni 2019 • Internal Direksi. • Internal BOD.
June 18, 2019 • Rencana Implementasi Sistem Grading oleh Mercer. • Plan for Implementing a Grading System by Mercer.
• Perubahan Bagan Struktur Organisasi. • Changes in Organizational Structure Chart.
• Lembur Manajemen & Efektivitas Organisasi. • Overtime Management & Organizational Effectiveness.
• Update Kasus Butik Logam Mulia Surabaya. • Update on Surabaya Precious Metals Boutique Case.
• Rencana Penyelesaian Masalah P3LA. • P3LA Problem Resolution Plan.
• ANTAM's Financing Strategy. • ANTAM’s Financing Strategy.
• Laporan Persiapan HUT ANTAM ke-51. • Report on ANTAM’s 51st Anniversary Preparation.
• Kronologis Halimun-Pongkor. • Halimun-Pongkor Chronology.
• Laporan Pengadaan Travel Agent. • Travel Agent Procurement Report.
• Data room-ruang kerja Divisi Legal & Compliance. • Data on legal and compliance work units.
• Update pelaksanaan kebijakan low grade ore • Update on the implementation of the low grade ore
management. policy management.
• Pembahasan MoU Pelabuhan. • Discussion of the Port MoU.
20. 26 Juni 2019 • Laporan Update Bagan Struktur Organisasi Baru. • New Organizational Structure Update Report.
June 26, 2019 • Update Tim Musyawarah • Deliberation Team Update
21. 2 Juli 2019 • Internal Direksi. • Internal BOD.

July 2, 2019 • Pemaparan oleh PT Daya Dimensi Indonesia. • Presentation from PT Daya Dimensi Indonesia.
• Suksesi Human Capital Management. • Succession to Human Capital Management.
• Update Kerja sama Huayou. • Update on Cooperation with Huayou.
• Laporan Progres Arinem. • Arinem Progress Report.
• Laporan PT CSD. • PT CSD Report.
• Laporan P2FIP. • P2FIP report.
July 9, 2019 • Update perpanjangan IUP Pomalaa & Pongkor. • Updates on Pomalaa & Pongkor’s IUP extension.
• Divestasi NHM. • Divestment of NHM.
• Laporan Kajian Live in vs Roster. • Live in vs Roster Review Report.
• Laporan Divisi CSR. • CSR Division Report.
• Laporan Lelang Carbide. • Carbide Auction Report.
• Tim Taskforce P3LA & P3FH. • P3LA & P3FH Taskforce Team.
July 16, 2019 • Laporan Monitoring oleh Divisi CEO Office. • CEO Office Division Monitoring Report.
• Skenario OJT Malut. • North Sumatra OJT Scenario.
• Finalisasi Review Roster vs Live in. • Finalization of the Roster vs Live in Review.
• Review Optimalisasi Cadangan Pongkor. • Review of Optimization of Pongkor Reserves.
• Laporan Persiapan Mid Year Review. • Mid Year Review Preparation Report.
• Reklasifikasi Anak Perusahaan. • Reclassification of Subsidiaries.
• Pembangkit Listrik FeNi Haltim dengan Mitra Kerja • FeNi Haltim power plant with Strategis Partner.
Strategis.
• Termsheet Perjanjian dengan Mitra Kerja Strategis. • Agreement sheet with Strategic Partner.
July 23, 2019 • Laporan Divisi CEO Office & Update Hasil Mid Year • CEO Office Division Report & Mid Year Review Results
Review Tindak Lanjut Penjualan Bijih Nikel Kuota ANH. Update Follow-Up on ANH Quota Nickel Ore Sales.
• Update Huayou. • Huayou update.
• Lanjutan Skema Roster vs Live in Maluku Utara. • Continued Roster vs. Live Scheme in North Maluku.
• Update Progress P3LA. • P3LA Progress Update.
• Tim Akuisisi Emas. • Gold Acquisition Team.
• Investasi dan Akuisisi Perusahaan Tambang yang • Potential Acquisition and Investment of Mining Company.
Potensial.
25. 7 Agustus 2019 • Laporan Divisi Internal Audit terkait Akuisisi NHM. • Internal Audit Division Report regarding NHM Acquisition.
August 7, 2019 • Laporan Monitoring Divisi CEO Office. • CEO Office Division Monitoring Report.
• Perubahan RJPP ANTAM 2019-2023. • Changes in ANTAM’s Long Term Corporate Plan 2019-2023.
• Progres IUP PT BEI. • PT BEI’s IUP Progress.
• Term Sheet Summary Mitra Kerja Strategis. • Term Sheet Summary of Strategic Partner.
• Summary FS P3FH Line 2. • Summary of FS P3FH Line 2.
• Update Pegadaan Listrik Haltim. • Haltim Electricity Update.
Tanggal Rapat
Date of Meeting
26. 20 Agustus 2019 • Internal Direksi. • Internal BOD.
August 20, 2019 • Laporan Monitoring Divisi CEO Office. • CEO Office Division Monitoring Report.
• Initial News scenario - P3FH Development. • Initial News scenario - P3FH Development.
• Kajian Bauksit Residu Filter (BRF). • Residual Filter Bauxite (BRF) Study.
• Dukungan Pendanaan ANTAM atas CSPA. • ANTAM Funding Support for CSPA.
• Refinancing Investment Loan. • Investment Loan Refinancing.
• Mapping Activity Subsidiaries and Project Management. • Mapping Activity Subsidiaries and Project Management.
• Laporan Divisi Human Capital Management. • Human Capital Management Division report.
• Sarana Prasarana untuk pegawai level Departemen. • Infrastructure Facilities for Employee Department Level.
• List Priority Aset untuk optimalisasi. • List Priority Assets for optimization.
• Insentif Manajemen. • Incentive management.
27. 27 Agustus 2019 • Internal Direksi. • Internal BOD.
August 27, 2019 • EPC PLTD MFO 90 MW P3LA & Lelang Carbide. • EPC PLTD MFO 90 MW P3LA & Carbide Auction.
• Proses Pengadaan Divisi Corporate Secretary 2020. • Corporate Secretary Division 2020 Procurement Process.
• Laporan monitoring Divisi CEO Office. • CEO Office Division monitoring report.
28. 3 September 2019 • Internal Direksi. • Internal BOD.
September 3, 2019 • Update PT GAG Nikel - Kerja sama Shandong. • PT GAG Nickel Update - Shandong Cooperation
• Laporan Progress Perubahan Grading. • Progress Change Grading Report.
• Lanjutan Laporan Divisi Human Capital Management. • Human Capital Management Division Report.
• Persiapan Management Meeting Pefindo. • Preparation for Pefindo’s Management Meeting.
September 17, 2019 • Laporan Monitoring Divisi CEO Office. • CEO Office Division Monitoring Report.
• KJPP untuk NHM & Pending Isu. • KJPP for NHM & Outstanding Issues.
• Termsheet Final Mitra Kerja Strategis. • Strategic Partner Final Termsheet.
• Legal Update UBPP Logam Mulia. • UBPP Logam Mulia Legal Update.
• LTM Bauksit & Nickel & Alokasi. • Bauxite & Nickel LTM & Allocation.
• Update P3LA. • P3LA update.
• Inisiatif RJPP (revisi). • RJPP initiative (revised).
• Update Laporan Keuangan. • Financial Statement Updates.
September 24, 2019 • Laporan Monitoring Divisi CEO Office. • CEO Office Division Monitoring Report.
• Rencana Pengamanan Tanah SEI Enam Kijang. • SEI Six Kijang Land Security Plan.
• Estimasi Pembebanan di Laporan Keuangan • Estimation of Cost in Financial Statement
31. 1 Oktober 2019 • Internal Direksi. • Internal BOD.
October 1, 2019 • Kerja sama Nickel Hydromet. • Nickel Hydromet collaboration.
• Update Indometal London. • London Indometal Update.
• Update Progress Tindak Lanjut Rekomendasi BPK RI atas • Update on the Follow-Up Progress of BPK RI
Temuan Terpilih (signifikan). Recommendations above Selected Findings (significant).
• Progress Perpanjangan IUP Sulawesi Tenggara, Pongkor • Progress of the Southeast Sulawesi IUP and Pongkor IUP
dan IPPKH Arinem dan Bahubulu. Extension and IPPKH Arinem and Bahubulu.
• Laporan Panitia Family Gathering ANTAM 2019. • 2019 ANTAM Family Gathering Committee Report.
October 8, 2019 • Update Sistem Grading. • Grading System Updates.
• BoD Charter. • BoD Charter.
• GA & Selling Marketing Expenses (comparison). • GA & Selling Marketing Expenses (comparison).
• Update Marketing. • Marketing Update.
33. 15 Oktober 2019 • FG SGAR Mining & Hauling. • FG SGAR Mining & Hauling.
October 15, 2019 • Monitoring IUP ANTAM & Anak Perusahaan. • Monitoring of ANTAM’s IUP & Subsidiaries.
• Stripping ORE & Optimasi Resource/Reserve Cibaliung. • ORE Stripping & Resource Optimization/Reserve Cibaliung.
• Laporan Shareholder Loan PT ICA. • PT ICA Loan Shareholder Report.
• Update PT NHM. • PT NHM update.
• Struktur Transaksi PT GAG Nikel. • PT GAG Nickel Transaction Structure.
• Economic Value Chain with Strategic Partner. • Economic Value Chain with Strategic Partner.
34. 21 Oktober 2019 Rapat Anggaran - Komite Anggaran ANTAM Budget Meeting - ANTAM’s Budget Committee
October 21, 2019
October 22, 2019 • Executive Search Korn Ferry. • Executive Search Korn Ferry.
• Suksesi Anak Perusahaan. • Subsidiaries succession.
• Perubahan Logo Perusahaan. • Change in Company Logo.
• Assessment 360. • Assessment 360.
• Update Indometal. • Indometal updates.
• JV ANTAM - Mitra Kerja Strategis untuk Listrik Feni • ANTAM JV - Strategic Partner for Electricity Feni Haltim.
Haltim.
• Monitoring Divisi CEO Office. • Monitoring CEO Office Division.
• Kriteria Penilaian Lelang P3LA. • P3LA Auction Assessment Criteria.
Tanggal Rapat
Date of Meeting
October 29, 2019 • Suksesi Anak Perusahaan & Level Bureau. • Succession of Subsidiaries & Level Bureau.
37. 5 November 2019 • Internal Direksi. • Internal BOD.
November 5, 2019 • Update ANH. • ANH update.
• Progres P3LA. • P3LA progress.
• SLDP ANTAM. • SLDP ANTAM.
• Monitoring Divisi CEO Office. • Monitoring CEO Office Division.
38. 19 November 2019 • Internal Direksi. • Internal BOD.
November 19, 2019 • Laporan Monitoring Divisi CEO Office. • CEO Office Division Monitoring Report.
• Kondisi NHM Terkini. • Current NHM conditions.
• Hasil Evaluasi Lelang. • Auction Evaluation Results.
• Program SLDP. • SLDP program.
• Termsheet Proyek Strategis. • Strategic Project Termsheet.
• Struktur GAG Nikel. • Nickel GAG Structure.
• P2FIP. • P2FIP.
39. 26 November 2019 • Laporan Divisi Human Capital Management. • Report from Human Capital Management Division.
November 26, 2019 • BX Sales Price Formula. • BX Sales Price Formula.
• Optimalisasi Aset PT FHT. • Optimization of PT FHT Assets.
40. 3 Desember 2019 • Internal Direksi. • Internal BOD.
December 3, 2019 • Laporan Progres Akuisisi. • Acquisition Progress Report.
• Update Laporan Aset Kijang. • Kijang Asset Report Update.
• Change order & extension of time P3FH. • Change order & extension of time P3FH.
• Update Pengadaan Listrik Maluku Utara. • Updated North Maluku Electric Procurement.
• Update Progres Penyesuaian IUP Pomalaa dan Pongkor. • Update on Progress of Pomalaa and Pongkor IUP
• Lain-lain. Adjustments.
• Other agenda.
41. 10 Desember 2019 • Pembahasan Tanggapan Surat BPK atas Temuan di P3FH. • Discussion of the BPK’s Response to Findings at P3FH.
December 10, 2019 • Update Proses JV Mitra Kerja Strategis. • Strategic Partner JV Process Update.
• Update Pengadaan Listrik Maluku Utara. • Updated North Maluku Electric Procurement.
• Progres Update Temuan BPK - Human Capital • Progress of Update on BPK Findings - Human Capital
Management. Management
• Usulan Layout ruang terbuka hijau area akses koropon. • Proposed green open space layout for the coronus access
area.
December 17, 2019 • Pembangunan Masjid. • Mosque Construction.
• Evaluasi PT FHT. • Evaluation of PT FHT.
• Evaluasi PT CSD. • Evaluation of PT CSD.
• Evaluasi PT ICR. • Evaluation of PT ICR.
• Laporan Divisi Business Development. • Business Development Division Report.
• Kajian Finansial Kompensator UBP Nikel Sulawesi • Southeast Sulawesi Nickel Mining Business Unit
Tenggara. Compensator Financial Study.
• Persiapan SLDP ANTAM. • ANTAM SLDP Preparation.
December 30, 2019 • Entitled Fasilitas Direksi dan Dewan Komisaris. • Entitled Facilities for BOD and BOC.
• Suksesi Anak Perusahaan. • Succession of Subsidiaries.
• Financing Plan 2020. • Financing Plan 2020.
Rencana Rapat Dewan Komisaris dan Rapat Meeting Plan of the Board of Commissioners and
Direksi di Tahun 2020 the Board of Directors in 2020
Dalam Anggaran Dasar Perseroan telah diatur ketentuan In the Company’s Articles of Association, the Board of
mengenai pelaksanaan Rapat Dewan Komisaris dan Rapat Commissioners’ Meeting has been stipulated at least once every
Direksi, yakni bahwa Rapat Dewan Komisaris dilaksanakan 2 (two) months, the Board of Commissioners meeting invites the
minimal sekali setiap 2 (dua) bulan, Rapat Dewan Komisaris Board of Directors to be held at least once every 4 (four) months
mengundang Direksi dilaksanakan minimal sekali setiap 4 and the Board of Directors Meeting at least once every 1 (one)
(empat) bulan, serta Rapat Direksi dilaksanakan minimal sekali month.
setiap 1 (satu) bulan.
Untuk lebih meningkatkan koordinasi dan pengambilan To further improve coordination and effective decision-making,
keputusan yang lebih efektif, maka untuk tahun 2020, sesuai then for 2020, in accordance with the Working Program of the
Program Kerja Dewan Komisaris, Rapat Internal Dewan Komisaris Board of Commissioners, Internal Meetings of the Board of
dan Rapat Dewan Komisaris yang mengundang Direksi akan Commissioners and the Board of Commissioners Meeting which
dilaksanakan sekali dalam 1 (satu) bulan. Penyelenggaraan invites the Board of Directors will be held once in 1 (one) month.
rapat Dewan Komisaris tersebut direncanakan dilakukan The meeting is planned to be conducted on the 3rd (third) week
setiap minggu ke-3 pada bulan berjalan dengan agenda rapat of the current month with a meeting agenda such as discussing
di antaranya membahas tentang Laporan Bulanan Kinerja the Monthly Report on Management Performance, Evaluation
Manajemen, Evaluasi terhadap pelaksanaan keputusan Rapat of the previous Board of Commissioners Meeting and Follow
Dewan Komisaris sebelumnya serta Tindak lanjut atas arahan up actions on the direction and/or decision of the Board of
dan/atau keputusan Dewan Komisaris dan/atau Tindak lanjut Commissioners and/or Follow Up conducted by the Board of
yang dilaksanakan oleh Direksi serta hal-hal lain yang dianggap Directors and other matters deemed necessary in accordance
perlu sesuai tugas dan fungsi pengawasan Dewan Komisaris. with the duties and functions of supervision of the Board of
Commissioners.
Untuk Rapat Direksi di tahun 2020 direncanakan dilaksanakan For the Board of Directors Meeting in 2020 is planned to be
minimal sekali setiap 1 (satu) bulan, dengan waktu pelaksanaan conducted at least once every 1 (one) month, on the 3rd
pada setiap minggu ke-3 pada bulan berjalan. Agenda rapat (third) week of the current month. The agenda of the meeting
di antaranya membahas tentang Laporan Bulanan masing- includes discussing the Monthly Report of each Directorate, the
masing Direktorat, penetapan kebijakan strategis Perusahaan, determination of the Company’s strategic policy, operational
kinerja operasional, strategi perusahaan serta hal-hal lain yang performance, corporate strategy and other matters deemed
dianggap perlu sesuai tugas dan fungsi Direksi. necessary according to the duties and functions of the Board
of Directors.
Keberagaman Komposisi
Dewan Komisaris dan Direksi
Diversity in Composition of the Board of
Commissioners and the Board of Directors
ANTAM meyakini bahwa keragaman keahlian, pengalaman, ANTAM believes that the diversity of skills, experience, and
dan latar belakang pendidikan sangat diperlukan untuk educational background is indispensable for the effectiveness
efektivitas tugas pengawasan Dewan Komisaris dan pengurusan of service, supervisory duties of the Board of Commissioners
Perusahaan oleh Direksi dengan tidak mengenal perbedaan and management of the Company by the Board of Directors
gender. Dewan Komisaris dan Direksi ANTAM yang ditunjuk which does not recognize gender differences. The Board
berdasarkan Keputusan Rapat Umum Pemegang Saham of Commissioners and the Board of Directors ANTAM who
berdasarkan usulan Pemegang Saham Seri A Dwiwarna atau appointed by the General Meeting of Shareholders based on
kuasanya, memiliki komposisi yang cukup beragam, baik the proposed of Shareholder Series A Dwiwarna or its attorney,
berdasarkan usia, latar belakang pendidikan, keahlian serta has a composition that is quite diverse, both based on age,
pengalaman yang dibutuhkan dalam pelaksanaan tugas dan educational background, skills and experience needed in the
tanggung jawabnya. execution of duties and responsibilities.
Perusahaan berupaya untuk menjaga bauran keahlian dan The Company preserve the variety of expertise and experience
pengalaman anggota Dewan Komisaris dan Direksi yang of members of the Board of Commissioners and the Board
mencakup di antaranya bidang pertambangan, keuangan, sosial, of Directors in, among others, mining sectors, finance, social,
politik, hukum, tata kelola, sumber daya manusia, dan ekonomi. politic, law, governance, human resources and economics.
Identifikasi keahlian Dewan Komisaris dan Direksi dilakukan Identification of the Expertise of the Board of Commissioners
berdasarkan latar belakang pendidikan, pengalaman kerja serta and the Board of Directors are conducted based on educational
pelatihan yang pernah diikuti. ANTAM juga berkomitmen untuk background, work experience and training. ANTAM is committed
meningkatkan kompetensi Dewan Komisaris dan Direksi, baik to improve the competency of the Board of Commissioners and
melalui training, workshop serta kegiatan lainnya yang relevan the Board of Directors through training, workshop and other
bagi peningkatan kompetensi Dewan Komisaris dan Direksi. relevant activities.
Keberagaman Komposisi Dewan Komisaris dan Direksi

Diversity Composition of the Board of Commissioners and the Board of Directors
Tingkat
Pendidikan
Keahlian
Terakhir
Usia per 31 Latest Level of Expertise
Jenis Desember Education
Nama
Kelamin 2019
Name Sumber
Gender Age per Dec Manajemen/ Teknik Sipil Sosial
31, 2019 Daya
Keuangan Hukum Pertambangan Civil Politik Komunikasi Pertanian Energi
S1 S2 S3 Manusia
Management/ Law Mining Engineering Social Communication Agriculture Energy
Human
Finance Politics
Resources
Dewan Komisaris | The Board of Commissioners

Laki-laki
Agus Surya Bakti1 58 √ √ √
Male
Gumilar Rusliwa Laki-laki
56 √ √
Somantri Male
Anang Sri Laki-laki
56 √ √
Kusuwardono Male
Laki-laki
Zaelani 59 √ √
Male
Dadan Kusdiana2 Laki-laki
51 √ √ √
Male
Arif Baharudin2 Laki-laki
52 √ √
Male
Laki-laki
Fachrul Razi3 72 √ √ √
Male
Keberagaman Komposisi Dewan Komisaris dan Direksi

Diversity Composition of the Board of Commissioners and the Board of Directors
Tingkat
Pendidikan
Keahlian
Terakhir
Usia per 31 Latest Level of Expertise
Jenis Desember Education
Nama
Kelamin 2019
Name Sumber
Gender Age per Dec Manajemen/ Teknik Sipil Sosial
31, 2019 Daya
Keuangan Hukum Pertambangan Civil Politik Komunikasi Pertanian Energi
S1 S2 S3 Manusia
Management/ Law Mining Engineering Social Communication Agriculture Energy
Human
Finance Politics
Resources
Robert A. Laki-laki
57 √ √
Simanjuntak4 Male
Direksi | The Board of Directors
Laki-laki
Dana Amin1 48 √ √
Male
Laki-laki
Hartono2 47 √ √
Male
Aprilandi Hidayat Laki-laki
44 √ √ √
Setia2 Male
Laki-laki
Luki Setiawan Suardi2 51 √ √ √
Male
Laki-laki
Anton Herdianto1 50 √ √
Male
Laki-laki
Risono1 43 √ √
Male
Arie Prabowo Laki-laki
59 √ √ √
Ariotedjo5 Male
Dimas Wikan Laki-laki
37 √ √
Pramudhito5 Male
Laki-laki
Sutrisno S. Tatetdagat5 55 √ √ √
Male
Laki-laki
Tatang Hendra6 49 √ √
Male
Laki-laki
Johan N.B. Nababan6 53 √ √
Male
Laki-laki
Hari Widjajanto4 56 √ √ √
Male
1. Efektif diangkat tanggal 19 Desember 2019 Appointed effectively on December 19, 2019
2. Efektif diangkat tanggal 26 April 2019 Appointed effectively on April 26, 2019
3. Berhenti sejak 23 Oktober 2019 Ceased since October 23, 2019
4. Habis masa jabatan sejak 26 Maret 2019 Expired term of office since March 26, 2019
5. Berhenti sejak 19 Desember 2019 Ceased since December 19, 2019
6. Berhenti sejak 24 April 2019 Ceased since April 23, 2019
Assessment/Penilaian Kinerja Terhadap

Dewan Komisaris dan Direksi
Performance Assessment of the Board
of Commissioners and the Board of Directors
Kebijakan Penilaian Kinerja terhadap Dewan Policies and Procedure for the Board of
Komisaris Commissioners’ Performance Assessment
Dewan Komisaris melakukan pengukuran dan penilaian The Board of Commissioners (BOC) carries out assessment of
terhadap kinerja Dewan Komisaris secara kolegial. Ketentuan the Board of Commissioners’ work performance collegially.
terkait dengan kewajiban Dewan Komisaris dalam melakukan Provisions relating to the obligations of the Board of
pengukuran dan penilaian terhadap kinerja Dewan Komisaris Commissioners in carrying out such assessment has been set
telah tercantum dalam Pedoman Kerja (Charter) Dewan forth in the Charter of the Board of Commissioners and Charter
Komisaris dan Charter Komite GCG-NR. of the GCG-NR Committee.
Penilaian kinerja Dewan Komisaris dilakukan berdasarkan SK The performance assessment of the BOC was conducted refers
Dewan Komisaris 3/DK/SK/III/2019 tanggal 28 Maret 2019 to the BOC Decree Number 3/DK/SK/III/2019 dated March 28,
tentang Penetapan Evaluasi Kinerja (Performance Evaluation) 2019 concerning the Determination of Performance Evaluation
Tahun 2019 Dewan Komisaris ANTAM. Evaluasi terhadap of the BOC for the year 2019. Performance evaluation of the
kinerja Dewan Komisaris, dilakukan setiap tahun dan hasilnya BOC is carried out every year and the results are presented in
disampaikan dalam RUPS. the GMOS.
Hasil Penilaian Kinerja Dewan Komisaris Performance Evaluation Result of the Board of
Commissioners
Pencapaian Penilaian Kinerja Dewan Komisaris Tahun 2019
Achievement of the Board of Commissioners’ Performance Assessment in 2019
Bobot Indikator x
Bobot Indikator Pencapaian Nilai Pencapaian Nilai
No. Key Performance Indicator Weight Indicator Score Achievement Weight Indicator x
Score Achievement
(%) (%) (%)
Terlaksananya Pemantauan Efektivitas Praktik GCG
1. 7 103,45 7,24
Accomplishment of the Effectiveness of GCG practices monitoring
Tercapainya Pendapatan Usaha
2. 7 107,90 7,55
Achievement of Income
Terlaksananya Rencana Kerja dan Anggaran Perusahaan (RKAP)
3. 6 100,00 6,00
Execution of the Company’s Annual Budget and Work Plan (RKAP)
Tercapainya Target Penjualan
4. 5 100,10 5,01
Achievement of Sales Target
Tercapainya Laba Bersih
5. 4 25,00 1,00
Achievement of Net Income
Terlaksananya Tugas Khusus
6. 5 100,00 5,00
Execution of Special Duties
Sinergi BUMN
7. 3 100,10 3,00
Synergy of State Owned Enterprises
Adanya Tanggapan Komisaris atas Laporan Triwulanan dan Tahunan Direksi
8. 3 100,00 3,00
BOC’s Response to the BOD’s Quarterly and Annual Reports
Kehadiran Dewan Komisaris pada Rapat Internal Dewan Komisaris
9. 3 100,00 3,00
Attendance of BOC in BOC Internal Meeting
Tercapainya Kinerja Komite Audit
10. 19 133,65 25,39
Achievement of the Audit Committee Performance
Tercapainya Kinerja Komite GCG-NR
11. 19 101,62 19,31
Achievement of the GCG-NR Committee Performance
Tercapainya Kinerja Komite Manajemen Risiko
12. 19 109,50 20,80
Achievement of the Risk Management Committee Performance
Total 100 106,30
Penilaian Kinerja Masing-Masing Anggota Dewan Performance Evaluation of the Member of the
Komisaris Board of Commissioners
Penilaian masing-masing Anggota Dewan Komisaris dapat The assessment of each member of the Board of Commissioners
dilihat melalui pencapaian KPI Komite Penunjang Dewan can be seen through the KPI achievement of the Supporting
Komisaris mengingat Dewan Komisaris merupakan anggota dari Committee of the Board of Commissioners with consideration
Komite Penunjang Dewan Komisaris. that the Board of Commissioners is also a member of the
Supporting Committee of the Board of Commissioners.
Kebijakan dan Prosedur Pelaksanaan Penilaian Policies and Procedure for the Board of Directors’
Kinerja Direksi Performance Assessment
Penetapan Key Performance Indicator (KPI) Korporat atau The determination of Key Performance Indicator (KPI) Corporate
Kontrak Manajemen dilakukan berdasarkan: or Management Contract was conducted based on:
1. Surat Edaran Sekretariat Kementerian BUMN Nomor S-08/S. 1. Circular of the Secretariat of the Ministry of SOE’s Number
MBU/2013 tanggal 16 Januari 2013 tentang Penyampaian S-08/S.MBU/2013 dated January 16, 2013 on the Guidelines
Pedoman Penentuan KPI dan Kriteria Penilaian Kinerja for Determination of KPI and Excellence Performance
Unggul (KPKU) pada BUMN; Assessment Criteria (KPKU) in SOE;
2. Surat Edaran Kementerian BUMN Nomor 2. Circular Letter of the Ministry of SOE Number
S-564/MBU/08/2018 terkait Aspirasi Pemegang Saham/ S-564/MBU/08/2018 concerning Shareholders Aspiration for
Pemilik Modal untuk Penyusunan Rencana Kerja dan Determining of Annual Budget and Work Plan of 2019,
Anggaran Perusahaan Tahun 2019; 3. Inalum Letter Number 520.L-Dirut/X/2018 concerning
3. Surat Inalum Nomor 520.L-Dirut/X/2018 tentang Aspirasi Shareholders Aspiration for Determining of Annual Budget
Pemegang Saham/Pemilik Modal untuk Penyusunan RKAP and Work Plan of 2019; and
2019; dan 4. ANTAM’s Strategic Document.
4. Dokumen Strategis ANTAM.
Dasar tersebut kemudian diwujudkan dalam dokumen kontrak The basis is then realized in the contract management which
manajemen yang ditandatangani oleh Direksi dan Dewan signed by the Board of Directors and the Board of Commissioners.
Komisaris.
Evaluasi atas pencapaian hasil KPI Direksi akan dilakukan oleh The achievement evaluation of KPI results of the Board of
Dewan Komisaris melalui Komite GCG-NR yang disampaikan Directors is conducted by the Board of Commissioners through
kepada Dewan Komisaris berdasarkan kajian data yang the GCG-NR Committee which submitted to the Board of
dibandingkan dengan target yang telah disepakati. Capaian KPI Commissioners based on data review compared to the agreed
Tahunan akan disampaikan kepada Pemegang Saham Seri A targets. KPI’s achievements of the year will be submitted to the
Dwiwarna dan Pemegang Saham Mayoritas serta dalam Rapat Controlling Shareholder and presented in the Company’s Annual
Umum Pemegang Saham Tahunan Perusahaan. General Meeting of Shareholders.
Hasil Penilaian Kinerja Direksi Performance Evaluation Result of the Board of

Directors
Pencapaian Penilaian Kinerja Direksi Tahun 2019
Achievement of the Board of Directors' Performance Assessment in 2019
Bobot Indikator x
Bobot Indikator Pencapaian Nilai Pencapaian Nilai
Perspektif Weight Indicator Score Achievement Weight Indicator x
Key Performance Indicator
Perspective Score Achievement
(%) (%) (%)
Keuangan dan Pasar Pendapatan 6 107,25 6,43
Financial and Market Revenue
EBITDA 6 78,84 4,73
Debt to EBITDA 6 87,20 5,23
Net Profit After Tax 6 25,13 1,51
Pelanggan Customer Satisfaction Index Ferronickel, 4.5 105,00 4,73
Customer Nickel and Bauxite
Customer Satisfaction Index Gold 4.5 96,50 4,34
Target Penjualan 9 100,10 9,01
Sales Target
Efektivitas Produk dan Volume Produksi 7 89,20 6,24
Proses Production Volume
The Effectiveness of
Products and Processes Lower Cost per Production Volume 7 105,00 7,35
Pelaksanaan Inisiatif Strategis 6 84,80 5,09
Implementation of Strategic Initiatives
Tenaga Kerja Talent Development 3 105,00 3,15
Work Labor
Talent Mobility 2 100,00 2,00
Employee Productivity 5 98,00 4,90
Employee Engagement 4 100,20 4,01
Kepemimpinan, Tata HSE Performance 2,8 86,29 2,42
Kelola dan Tanggung
Jawab Sosial Efektivitas Penyaluran PKBL 2,8 93,22 2,61
Leadership, Governance PKBL Realization Effectiveness
and Social Responsibility Community Satisfaction Index 2,8 105,00 2,94
KPKU 2,8 99,04 2,77
GCG 2,8 103,45 2,90
Agen Pembangunan Sinergi BUMN 5 100,00 5,00
Reinforcement Agent SOE Synergy
Hilirisasi 5 105,00 5,25
Downstream
Total 100 92,61
Penilaian Kinerja Anggota Direksi Performance Evaluation of the Member of the

Board of Directors
Selain penilaian menggunakan KPKU, ANTAM juga telah In addition to the assessment by using KPKU, ANTAM also has
menetapkan KPI di masing-masing Direktorat yang dievaluasi set the Key Performance Indicator (KPI) for each Directorate that
setiap triwulan. Penilaian KPI di masing-masing Direktorat is evaluated on a quarterly basis. The KPI’s assessment in each
merepresentasikan kinerja masing-masing Direktur Perusahaan, Directorate represents the performance of each Director of the
mengingat masing-masing Direktur bertanggung jawab Company, as each Director is responsible for the performance of
atas kinerja Divisi-Divisi yang berada pada setiap Direktorat. the divisions within each Directorate. Performance parameters
Parameter kinerja dalam KPI Direktorat terdiri atas KPI generik in KPI Directorate consist of generic KPI that is KPI which set
yakni KPI yang ditetapkan sama di seluruh Direktorat serta the same in all Directorates and KPI which taken from main
KPI yang diambil dari hasil kinerja utama Divisi-Divisi di setiap performance indicator in each divisions of each Directorate.
Direktorat tersebut.
Pencapaian Triwulan I Pencapaian Triwulan II Pencapaian Triwulan III Pencapaian Triwulan IV

Direktorat
Achievement of Achievement Achievement of Achievement of Fourth
Directorate
First Quarter of Second Quarter Third Quarter Quarter
Direktorat Utama 97,06% 98,07% 106,13% 91,23%
Main Directorate
Direktorat Keuangan 94,81% 98,23% 109,12% 99,16%
Finance Directorate
Direktorat Pengembangan Usaha 97,54% 101,84% 109,86% 99,31%
Business Development Directorate
Direktorat Niaga 96,52% 100,25% 108,01% 98,97%
Commerce Directorate
Direktorat Operasi & Produksi 100,37% 103,72% 105,95% 100,83%
Operation & Production Directorate
Direktorat Sumber Daya Manusia 97,94% 100,34% 108,29% 99,23%
Human Resources Directorate
Penilaian Kinerja Dewan Komisaris dan Performance Assessment of the Board of

Direksi Berdasarkan Implementasi Tata Kelola Commissioners and the Board of Directors Based
Perusahaan on Implementation of Corporate Governance
Untuk mengetahui sejauh mana tingkat Penilaian Kinerja Dewan To know the performance of the Board of Commissioners and
Komisaris dan Direksi berdasarkan implementasi Tata Kelola the Board of Directors based on the implementation of Good
Perusahaan, ANTAM menggunakan kriteria yang terdapat Corporate Governance, ANTAM uses the criteria regulated
dalam SK-16/S.MBU/2012 tanggal 06 Juni 2012 tentang in letter SK-16/S.MBU/2012 dated June 6, 2012 regarding
Indikator/Parameter Penilaian dan Evaluasi atas Penerapan Tata Indicators/Parameters of Assessment and Evaluation of the
Kelola Perusahaan yang Baik (Good Corporate Governance) Implementation of Good Corporate Governance (GCG) in
pada Badan Usaha Milik Negara. Selain itu, penilaian juga State-Owned Enterprises. In addition, the assessment also
mengacu pada Surat Edaran Otoritas Jasa Keuangan No. 32/ refers to the Circular of Financial Services Authority No. 32/
SEOJK.04/2015 tanggal 17 November 2015 tentang Pedoman SEOJK.04/2015 dated November 17, 2015 regarding the
Tata Kelola Perusahaan Terbuka, dan ASEAN Corporate Guidelines on Corporate Governance for Public Company, and
Governance Scorecard. ASEAN Corporate Governance Scorecard.
Assessment Dewan Komisaris berdasarkan SK-16/S.MBU/2012 tanggal 06 Juni 2012

The Board of Commissioners Assessment Refers to SK-16/S.MBU/2012 dated June 6, 2012
Tingkat Pemenuhan
No. Indikator Indicators
Level of Compliance (%)
1. Dewan Komisaris/Dewan Pengawas melaksanakan program The Board of Commissioners (BOC) continuously attends 100
pelatihan/pembelajaran secara berkelanjutan. training/learning programs.
2. Dewan Komisaris/Dewan Pengawas melakukan pembagian The BOC implements segregation of duties and establishes 92,27
tugas, wewenang dan tanggung jawab secara jelas required factors to support its duties execution.
serta menetapkan faktor-faktor yang dibutuhkan untuk
mendukung pelaksanaan tugas Dewan Komisaris/Dewan
Pengawasan.
3. Dewan Komisaris/Dewan Pengawas memberikan The BOC grants approval of draft long-term and annual 100
persetujuan atas rancangan RJPP dan RKAP yang budget and work plan delivered by the Board of Directors
disampaikan oleh Direksi. (BOD).
4. Dewan Komisaris/Dewan Pengawas memberikan arahan The BOC provides directions to the BOD on the 100
terhadap Direksi atas implementasi rencana dan kebijakan implementation of the Company’s plan and policies.
perusahaan.
5. Dewan Komisaris/Dewan Pengawas melaksanakan The BOC performs oversight over the BOD on the 97,81
pengawasan terhadap Direksi atas implementasi rencana implementation of Company’s plan and policies.
dan kebijakan perusahaan.
6. Dewan Komisaris/Dewan Pengawas melakukan pengawasan The BOC performs oversight over the implementation of 100
terhadap pelaksanaan kebijakan pengelolaan anak management policy of subsidiaries/joint ventures.
perusahaan/perusahaan patungan.
Assessment Dewan Komisaris berdasarkan SK-16/S.MBU/2012 tanggal 06 Juni 2012

The Board of Commissioners Assessment Refers to SK-16/S.MBU/2012 dated June 6, 2012
Tingkat Pemenuhan
7. Dewan Komisaris/Dewan Pengawas berperan dalam The BOC takes role in the nomination of the BOD’s 95,04
pencalonan anggota Direksi, menilai kinerja Direksi (individu members, assesses the BOD’s performance (individual and
dan kolegial) dan mengusulkan tantiem/insentif kinerja collegial) and proposes performance bonuses/tantiem
sesuai ketentuan yang berlaku dan mempertimbangkan by applicable regulation and considering the BOD’s
kinerja Direksi. performance.
8. Dewan Komisaris/Dewan Pengawas melakukan tindakan The BOC takes actions against potential conflict of interest 100
terhadap potensi benturan kepentingan yang menyangkut concerning him.
dirinya.
9. Dewan Komisaris/Dewan Pengawas memantau dan The BOC monitors and ensures that the GCG principles has 89,84
memastikan bahwa praktik Tata Kelola Perusahaan yang Baik been implemented in an effective and sustainable manner.
telah diterapkan secara efektif dan berkelanjutan.
10. Dewan Komisaris/Dewan Pengawas menyelenggarakan The BOC held effective BOC’s meetings and attended the 100
rapat Dewan Komisaris/Dewan Pengawas yang efektif dan meeting by the applicable rules and regulations.
menghadiri Rapat Dewan Komisaris/Dewan Pengawas sesuai
dengan ketentuan perundang-undangan.
11. Dewan Komisaris/Dewan Pengawas memiliki Sekretaris The BOC has a Secretary to the BOC to support the 100
Dewan Komisaris/Dewan Pengawas untuk mendukung tugas secretarial duties of the BOC.
kesekretariatan Dewan Komisaris/Dewan Pengawas.
12. Dewan Komisaris/Dewan Pengawas memiliki Komite Dewan The BOC has an effective BOC Committees. 100
Komisaris/Dewan Pengawas yang efektif.
Assessment Direksi Berdasarkan SK-16/S.MBU/2012 tanggal 06 Juni 2012

The Board of Directors Assessment Refers to SK-16/S.MBU/2012 dated June 6, 2012
Tingkat Pemenuhan
1. Direksi melaksanakan program pelatihan/pembelajaran The BOD conducted a continuous training/learning program. 100
secara berkelanjutan.
2. Direksi melakukan pembagian tugas/fungsi, wewenang dan The BOD has a clear segregation of duties/ 91,66
tanggung jawab secara jelas. functions, authorities, and responsibility.
3. Direksi menyusun perencanaan perusahaan. The BOD establishes Corporate Plan. 95,95
4. Direksi berperan dalam pemenuhan target kinerja The BOD takes role in achieving Company’s 96,99
perusahaan. Performance goals.
5. Direksi melaksanakan pengendalian operasional dan The BOD performs operational and financial control over 96,43
keuangan terhadap implementasi rencana dan kebijakan Company’s plan and policies implementation.
perusahaan.
6. Direksi melaksanakan pengurusan perusahaan sesuai The BOD manages company in accordance with prevailing 90,01
dengan peraturan perundang-undangan yang berlaku dan laws and regulations and Articles of Associations.
Anggaran Dasar.
7. Direksi melakukan hubungan yang bernilai tambah bagi The BOD builds value added relations for the Company and 97,67
perusahaan dan stakeholders. stakeholders.
8. Direksi memonitor dan mengelola potensi benturan The BOD monitors and manages potential 100
kepentingan anggota Direksi dan manajemen di bawah Conflict of interest of the BOD’s members and management
Direksi. under the BOD.
9. Direksi memastikan perusahaan melaksanakan keterbukaan The BOD ensures the company carries out 100
informasi dan komunikasi sesuai peraturan perundang- Information disclosure and communication in accordance
undangan yang berlaku dan penyampaian informasi kepada with prevailing laws and regulations moreover, delivery of
Dewan Komisaris/Dewan Pengawas dan Pemegang Saham information to the BOC and shareholders is promptly.
tepat waktu.
10. Direksi menyelenggarakan rapat Direksi dan menghadiri The BOD holds BOD meetings and attends the BOC 100
Rapat Dewan Komisaris/Dewan Pengawas sesuai dengan meetings in accordance with prevailing laws and regulations.
ketentuan perundang-undangan.
11. Direksi wajib menyelenggarakan pengawasan intern yang The BOD shall perform effective and qualified internal audit. 100
berkualitas dan efektif.
12. Direksi menyelenggarakan fungsi Sekretaris Perusahaan yang The BOD performs effective and qualified 96,82
berkualitas dan efektif. Corporate Secretary functions.
13. Direksi menyelenggarakan RUPS Tahunan dan RUPS lainnya The BOD holds the annual GMOS and other GMOS in 100
sesuai peraturan perundang-undangan. accordance with prevailing laws and regulations.
Hasil Assessment Dewan Komisaris dan Direksi sesuai Surat The results of the Assessment of the Board of Commissioners
Edaran Otoritas Jasa Keuangan Nomor 32/SEOJK.04/2015 and the Board of Directors, pursuant to the Financial Services
tanggal 17 November 2015 tentang Pedoman Tata Kelola Authority Circular Number 32/SEOJK.04/2015 dated November
Perusahaan Terbuka dan berdasarkan ASEAN Corporate 17, 2015 of the Guidelines on Corporate Governance for Public
Governance Scorecard, dan ASX Corporate Governance Companies and as referred to ASEAN CG Scorecard, and ASX
Principles and Recommendations dapat dilihat dalam Section Corporate Governance Principles and Recommendations, can be
Tata Kelola Perusahaan bagian Evaluasi Implementasi Tata Kelola found in the Corporate Governance section of the Evaluation of
Perusahaan. the Implementation of Corporate Governance.
Pihak yang Melakukan Assessment Parties Undertake the Assessment

Penilaian Dewan Komisaris dan Direksi berdasarkan Implementasi Performance Assessment of the Board of Commissioners and
Tata Kelola Perusahaan untuk parameter BUMN dilakukan oleh the Board of Directors based on the implementation of Good
pihak independen yaitu PT RSM Indonesia Konsultan. Adapun Corporate Governance aspects that refers to the parameters set
penilaian berdasarkan Pedoman Tata Kelola Perusahaan Terbuka by the Ministry of SOE was undertaken by an independent party,
dari OJK dilakukan melalui self-assessment. PT RSM Indonesia Konsultan. Otherwise, for The Corporate
Governance Guideline for Public Company by FSA was
conducted by self-assessment.
Kriteria Penilaian Kinerja Unggul (KPKU) Excellence Performance Assessment Criteria

(KPKU)
ANTAM juga telah melakukan penilaian atas Kriteria Penilaian ANTAM has also assessed the Excellence Performance Assessment
Kinerja Unggul (KPKU). Penilaian ini dilakukan dengan mengacu Criteria (KPKU). This assessment is carried out by referring to
pada Undang-undang Nomor 19 tahun 2003 pasal 16 ayat Law Number 19 of 2003 article 16 paragraph (3) concerning
(3) tentang BUMN yang menyatakan bahwa Direksi wajib SOEs which states that the Board of Directors is required to sign
menandatangani Kontrak Manajemen (statement of Corporate a management contract (statement of Corporate Intent/SCI)
Intent/SCI) yang antara lain berisi janji atau pernyataan Direksi which includes the Board of Directors’ commitment in meeting
dalam memenuhi target-target yang ditetapkan oleh Pemegang targets determined by the Shareholders through the GMOS.
Saham melalui RUPS. Untuk mendukung implementasi tersebut, To support this implementation, the Ministry of SOEs through
Kementerian BUMN melalui surat Nomor S-08/S.MBU/2013 letter Number S-08/S.MBU/2013 dated January 16, 2013 has
tanggal 16 Januari 2013 telah menetapkan Kriteria Penilaian established Excellence Performance Assessment Criteria (KPKU)
Kinerja Unggul (KPKU) sebagai pedoman dalam peningkatan as a guide in improving the performance of SOEs which adopted
kinerja BUMN yang diadopsi dan diadaptasi dari Malcolm and adapted from the Malcolm Baldrige Criteria for Performance
Baldrige Criteria for Performance Excellence (MBCfPE) dimana Excellence (MBCfPE) where MBCfPE has proven to be the most
MBCfPE telah terbukti sebagai sistem pengelolaan kinerja comprehensive company performance management system to
perusahaan paling komprehensif yang dapat membuat sebuah build an excellence company.
perusahaan menjadi unggul.
Adapun manfaat implementasi KPKU untuk Perusahaan di The benefits of implementing Excellence Performance
antaranya: Assessment Criteria (KPKU) for Companies include:
1. Mendorong dan membantu perusahaan untuk dapat 1. Encourage and help companies to achieve the vision, mission
mencapai visi, misi dan tujuan perusahaan; and goals of the company;
2. Meningkatkan kinerja secara berkelanjutan dan daya saing 2. Improving performance on an ongoing basis and
perusahaan; competitiveness of the company;
3. Sebagai alat penilaian yang holistik untuk mengukur posisi 3. As a holistic assessment tool to measure the Company’s level
Perusahaan dan menunjukkan apa yang diperlukan oleh and show what is needed by the company in the future in
perusahaan ke depan dalam meningkatkan kinerjanya untuk improving its performance in the long term.
jangka panjang.
Sejak implementasinya di tahun 2013, ANTAM secara Since its implementation in 2013, ANTAM has continued to
berkelanjutan terus berupaya untuk meningkatkan capaian nilai improve the achievements of the Excellence Performance
KPKU Perusahaan dengan cara: Assessment Criteria (KPKU) value of the Company by:
1. Melakukan evaluasi untuk menemukan kesenjangan atas 1. Conduct an evaluation to find gaps in the criteria of
kriteria KPKU BUMN dan penerapannya di Perusahaan; Excellence Performance Assessment Criteria (KPKU) for SOE
and their application in the Company;
2. Merespons pertanyaan-pertanyaan dalam KPKU untuk 2. Respond to questions in the KPKU to understand what is the
memahami apa yang terpenting bagi Perusahaan agar most important for the company so that the company can
Perusahaan dapat fokus dan terarah. focus and be directed.
3. Memanfaatkan tabel sistem penilaian untuk membantu 3. Utilizing a scoring system table to help the Company
Perusahaan memahami kematangan/tingkat maturitas understand the maturity level process and achievement of
proses dan pencapaian hasil; results;
4. Membentuk Tim Champion untuk merekam dan 4. Form a Champion Team to record and follow up on individual
menindaklanjuti hasil penilaian individual; assessment results;
5. Melakukan asesmen KPKU dengan tim asesor yang ditunjuk 5. Conduct an assessment of the KPKU with the assessor team
oleh Kementerian BUMN melalui Forum Ekselen BUMN, dan appointed by the Ministry of SOEs through the Forum Ekselen
menindaklanjuti semua peluang-peluang perbaikan yang BUMN and follow up on all opportunities for improvement
tersusun dalam dokumen Feedback Report. arranged in the Feedback Report document.
Capaian Nilai KPKU ANTAM

ANTAM’s Excellence Performance Assessment Criteria (KPKU) Score Achievement
Tahun Skor
Band
Year Score
2016 648 Emerging Industry Leader
2017 667 Emerging Industry Leader
2018 - Tidak dilakukan sesuai surat Kementerian BUMN Nomor S-198/D7.MBU/10/2017
Not implemented based on SOE Letter Number S-198/D7.MBU/10/2017
2019 669,50 Emerging Industry Leader
Remunerasi bagi Dewan Komisaris

dan Direksi
Remuneration of the Board of Commissioners and the Board of Directors
Acuan dan Indikator Penetapan Remunerasi References and Indicators Determination of

Remuneration
Besaran remunerasi Dewan Komisaris dan Direksi PT ANTAM The Remuneration for the Board of Commissioners and the
Tbk Tahun 2019 diusulkan kepada RUPS setelah dilakukan kajian Board of Directors PT ANTAM Tbk for the year 2019 was
oleh Komite GCG-NR. Berdasarkan kajian Komite GCG-NR serta proposed to the GMOS after it has been reviewed by the GCG-
Keputusan Dewan Komisaris, ANTAM mengusulkan dalam RUPS NR Committee. According to their evaluation, the GCG-NR
Tahun Buku 2018 untuk: Committee proposed in the GMOS for Financial Year 2018 for:
1. Memberikan wewenang dan kuasa kepada Pemegang 1. Granted the authority and power to the A-Series Dwiwarna
Saham Seri A Dwiwarna untuk menetapkan besarnya Shareholder to determine the amount of performance
Tantiem untuk Tahun Buku 2018 serta menetapkan incentives for the Financial Year of 2018, and determine the
honorarium, tunjangan, fasilitas dan insentif lainnya bagi honorarium, allowances, facilities and other incentives for
anggota Dewan Komisaris untuk tahun 2019; the members of the Board of Commissioners for year 2019;
2. Memberikan wewenang dan kuasa kepada Dewan Komisaris 2. Granted the authority and power to the Board of
dengan terlebih dahulu mendapatkan persetujuan tertulis Commissioners upon obtaining the prior written approval
dari Pemegang Saham Seri A Dwiwarna untuk menetapkan from the A-Series Dwiwarna Shareholder, to determine the
besarnya Tantiem untuk Tahun Buku 2018 serta menetapkan amount of performance incentives for the Financial Year of
gaji, tunjangan, fasilitas dan insentif lainnya bagi Direksi 2018 and determine the salary, allowances, facilities and
untuk tahun 2019. other incentives for the members of the Board of Directors
for year 2019.
Berdasarkan keputusan RUPS Tahun Buku 2018, Pemegang According to the Resolution of GMOS for the Financial Year
Saham menyetujui terkait usulan tersebut di atas. 2018, the Shareholders agreed on the proposal mentioned
above.
Dengan mengacu pada keputusan RUPS tersebut serta hasil With reference to the AGM decision as well the results of the GCG-
kajian Komite GCG-NR dengan mempertimbangkan, di NR Committee review by considering, including the comparison
antaranya perbandingan dengan besaran remunerasi tahun with the amount of year remuneration previously, the increasing
sebelumnya, kenaikan kompleksitas operasional Perusahaan serta complexity of the Company’s operations as well comparison of
perbandingan besaran remunerasi dengan Perusahaan sejenis the amount of remuneration with similar companies equivalent,
yang setara, formulasi sebagaimana tercantum dalam Peraturan formulation as stated in the Regulations Minister of BUMN
Menteri BUMN Nomor PER-04/MBU/2014 tentang Pedoman Number PER-04/MBU/2014 concerning Guidelines Determination
Penetapan Penghasilan Direksi, Dewan Komisaris dan Dewan of the Income of the Directors, the Board of Commissioners and
Pengawas BUMN sebagaimana telah diubah dengan Peraturan the Board BUMN Supervisor as amended by regulation Minister
Menteri BUMN Nomor PER-01/MBU/05/2019. Selanjutnya of BUMN Number PER-01/MBU/05/2019. Then ANTAM’s Board
Dewan Komisaris ANTAM menyampaikan usulan tersebut kepada of Commissioners submits the proposal to The Ministry of BUMN
Kementerian BUMN selaku Pemegang Saham Seri A Dwiwarna as the Dwiwarna Series A Shareholder by letter Number 221/DK/
melalui surat Nomor 221/DK/SRT/IV/2019 tanggal 26 April 2019 SRT/IV/2019 dated April 26, 2019 regarding the Determination of
perihal Penetapan Gaji dan Tunjangan-tunjangan Direksi Tahun Salary and Allowances for Directors of the Year Book 2019, and
Buku 2019, dan Penetapan Tantiem Direksi Tahun Buku 2018. Determination of Directors’ Tantiem for Fiscal Year 2018.
Persetujuan Pemegang Saham Seri A Dwiwarna diberikan Approval of the Shareholders of Series A Dwiwarna was given
berdasarkan surat Nomor S-462/MBU/D3/05/2019 tanggal according to the letter Number S-462/MBU/D3/05/2019 dated
21 Mei 2019 perihal Penyampaian Penetapan Penghasilan May 21, 2019 concerning Determination of Remuneration of the
Direksi dan Dewan Komisaris Holding Industri Pertambangan Board of Directors and the Board of Commissioners’ of Mining
Tahun 2019 yang selanjutnya oleh Dewan Komisaris ANTAM Industry Holding for Financial Year 2019 which is subsequently
disampaikan kepada Direktur Utama ANTAM melalui surat submitted by the Board of Commissioners to the President
Nomor 303/DK/SRT/VI/2019/Rhs tanggal 12 Juni 2019. Director by letter Number 303/DK/SRT/VI/2019/Rhs dated June
12, 2019.
Proses Penetapan Remunerasi Dewan Komisaris & Direksi

Process for Determining the Remuneration of the Board of Commissioners & the Board of Directors
01 02 03 04 05
Keputusan RUPS terkait Pengkajian Usulan Surat Dewan Komisaris Surat Penetapan oleh Surat Dewan Komisaris
Pendelegasian Wewenang Besaran Penghasilan kepada Pemegang Saham Pemegang Saham Seri A kepada Direktur Utama
kepada Pemegang Dewan Komisaris & Direksi Seri A Dwiwarna perihal Dwiwarna atas Penghasilan terkait Penetapan
Saham Seri A Dwiwarna oleh Komite GCG-NR Usulan Penghasilan Dewan Dewan Komisaris & Direksi Penghasilan Direksi &
& Dewan Komisaris untuk Komisaris & Direksi Dewan Komisaris
Menetapkan Besaran Review the Remuneration Decree of the Shareholder of
Penghasilan Dewan Proposal of the BOC & BOD by BOC letter to the Shareholders Series A Dwiwarna Relating to BOC Letter to the President
Komisaris & Direksi GCG-NR Committee of Series A Dwiwarna the Remuneration of the BOC Director Relating to the
Regarding the Proposal of the & BOD Remuneration of the BOC
GMOS Resolutions regarding Remuneration of the BOC & BOD
delegation to the Shareholder & BOD
of Series A Dwiwarna and
the Board of Commissioners
in determining the
Remuneration of the BOD
& BOC
Struktur Remunerasi Remuneration Structure

Berdasarkan persetujuan dari Pemegang Saham Seri A Dwiwarna Based on the approval of the Minister of State Owned Enterprises
berdasarkan surat Nomor S-462/MBU/D3/05/2019 tanggal 31 as the Shareholder of Series A Dwiwarna through letter Number
Mei 2019 perihal Penyampaian Penetapan Penghasilan Direksi S-462/MBU/D3/05/2019 dated May 31, 2019 regarding the
dan Dewan Komisaris Holding Industri Pertambangan Tahun Stipulation of the Remuneration of the Board of Commissioners
2019, struktur remunerasi Dewan Komisaris dan Direksi ANTAM and the Board of Directors 2019, the remuneration structure is
adalah sebagai berikut: as follows:
ANTAM’s Board of Commissioners and the Board of Directors
Dewan Komisaris Direksi
The Board of Commissioners The Board of Directors
Komponen Keputusan Komponen Keputusan
Component Decision Component Decision
Gaji • Komisaris Utama: 45% dari Gaji Gaji • Direktur Utama: Rp240.000.000
Salary Direktur Utama Salary per bulan
The President Commissioner: 45% President Director: Rp240,000,000
of President Director’s Honorarium per month
• Komisaris: 90% dari Gaji Komisaris • Direktur yang membidangi Sumber
Utama Daya Manusia: 90% dari Gaji
Commissioner: 90% of the Direktur Utama
President Commissioner’s Human Resources Director: 90%
Honorarium of President Director’s Honorarium
• Direktur: 85% dari Gaji Direktur
Utama
Director: 85% of President
Director’s Honorarium
Tunjangan: Tunjangan:
Allowance: Allowance:
a. Tunjangan Hari Raya Keagamaan a. 1 (satu) kali Gaji a. Tunjangan Hari Raya Keagamaan a. 1 (satu) kali Gaji
Religious Holiday Allowance 1 (one) time Honorarium Religious Holiday Allowance 1 (one) time Honorarium
b. Asuransi Purna Jabatan b. Premi yang ditanggung oleh b. Asuransi Purna Jabatan b. Premi yang ditanggung oleh
Retirement Insurance Perusahaan sebesar 25% Gaji Retirement Insurance Perusahaan sebesar 25% Gaji
dalam 1 (satu) Tahun dalam 1 (satu) Tahun
Premiums Borne by the Company Premiums Borne by the Company
Amounted to 25% of Honorarium Amounted to 25% of Honorarium
in 1 (one) year in 1 (one) Year
c. Tunjangan Transportasi c. 20% dari Gaji per Bulan c. Tunjangan Perumahan c. Rp27.500.000
Transport Allowance 20% of Monthly Honorarium Housing Allowance Rp27,500,000
Dewan Komisaris Direksi

The Board of Commissioners The Board of Directors
Komponen Keputusan Komponen Keputusan
Component Decision Component Decision
Fasilitas: Fasilitas:
Facilities: Facilities:
a. Fasilitas Kesehatan a. Sebesar Pemakaian a. Fasilitas Kendaraan a. 1 (satu) Unit Beserta Biaya
Health Facility At cost Vehicle Facility Pemeliharaan dan Biaya
b. Fasilitas Bantuan Hukum b. Sebesar Pemakaian Operasional, dengan
Legal Aid Facility At cost Memperhatikan Kondisi Keuangan
Perusahaan
1 (one) Unit along with
Maintenance and Operational
Costs, with Attention to the
Financial Condition of the
Company
b. Fasilitas Kesehatan b. Sebesar Pemakaian
Health Facility At cost
c. Fasilitas Bantuan Hukum c. Sebesar Pemakaian
Legal Aid Facility At cost
Remunerasi Aktual Dewan Komisaris selama Tahun 2019

Actual Remuneration of The Board of Commissioners in 2019
Remunerasi Bulanan Insentif Kinerja Opsi/Saham
Monthly Remuneration Total Honorarium
Tunjangan Tahun Buku yang Diterima
& Tunjangan
Nama Tunjangan Tahunan 2018 di 2019
2019
Name Gaji Pokok Bulanan Annual Performance Option/Shares
Total Total Honorarium &
Basic Salary Monthly Allowance Incentive for Received in
Allowance in 2019
Allowance 2018 2019
Agus Surya Bakti1 108.000.000 21.600.000 129.600.000 - 44.181.828* - -

Gumilar Rusliwa Somantri 97.200.000 19.440.000 116.640.000 97.200.000 1.496.880.000 1.940.138.933 -
Anang Sri Kusuwardono 97.200.000 19.440.000 116.640.000 97.200.000 1.496.880.000 1.940.138.933 -
Zaelani 97.200.000 19.440.000 116.640.000 97.200.000 1.496.880.000 1.940.138.933 -
Dadan Kusdiana2 97.200.000 19.440.000 116.640.000 97.200.000 1.030.320.000 - -
Arif Baharudin 2
97.200.000 19.440.000 116.640.000 97.200.000 1.030.320.000 - -
Fachrul Razi3 108.000.000 21.600.000 129.600.000 108.000.000 1.404.000.000 2.147.648.814 -
Robert A. Simanjuntak4 97.200.000 19.440.000 116.640.000 - 349.920.000 1.938.788.933 -
1
2
3
4
*)
Proporsional sesuai jumlah hari kerja Proportional according to the number of working days
Remunerasi Aktual Direksi selama Tahun 2019

Actual Remuneration of The Board of Directors in 2019
Remunerasi Bulanan Insentif Kinerja Opsi/Saham
Monthly Remuneration Total Honorarium
Tunjangan Tahun Buku yang Diterima
& Tunjangan
Nama Tunjangan Tahunan 2018 di 2019
2019
Name Gaji Pokok Bulanan Annual Performance Option/Shares
Total Total Honorarium &
Basic Salary Monthly Allowance Incentive for Received in
Allowance in 2019
Allowance 2018 2019
Dana Amin1 240.000.000 27.500.000 267.500.000 - 109.431.843* - -

Hartono2 204.000.000 27.500.000 231.500.000 204.000.000 2.056.000.000 - -
Aprilandi Hidayat Setia 2
204.000.000 27.500.000 231.500.000 204.000.000 2.056.000.000 - -
Luki Setiawan Suardi2 216.000.000 27.500.000 243.500.000 216.000.000 2.164.000.000 - -
Anton Herdianto1 204.000.000 27.500.000 231.500.000 - 94.704.567* - -
Risono1 204.000.000 27.500.000 231.500.000 - 94.704.567* - -
Arie Prabowo Ariotedjo3 240.000.000 27.500.000 267.500.000 240.000.000 3.340.568.158 4.683.880.697 -
Dimas Wikan Pramudhito3 204.000.000 27.500.000 231.500.000 204.000.000 2.887.295.434 3.992.181.094 -
Sutrisno S. Tatetdagat 3
204.000.000 27.500.000 231.500.000 204.000.000 2.887.295.434 3.992.181.094 -
Tatang Hendra4 204.000.000 27.500.000 231.500.000 - 926.000.000 3.990.831.094 -
Johan N.B. Nababan4 204.000.000 27.500.000 231.500.000 - 926.000.000 3.990.831.094 -
Hari Widjajanto5 204.000.000 27.500.000 231.500.000 - 694.500.000 3.990.831.094 -
1
2
3
4
5
*)
Proporsional sesuai jumlah hari kerja Proportional according to the number of working days
Hubungan Afiliasi antara Anggota Dewan

Komisaris, Direksi dan Pemegang Saham
Pengendali
Affiliate Relationship Between the Board of Commissioners, the Board of
Directors and Controlling Shareholders
Dewan Komisaris dan Direksi ANTAM tidak memiliki hubungan have no affiliated relationship with each other either financially
afiliasi baik secara keuangan maupun kekeluargaan antar satu or by kinship, also between the Board of Commissioners, the
sama lain, serta antara Dewan Komisaris, Direksi dan/atau Board of Directors and/or Controlling Shareholders.
Pemegang Saham Pengendali.
Hubungan Afiliasi antara Anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Affiliation Between Members of the Board of Commissioners, the Board of Directors and/or
Controlling Shareholders
Hubungan Keluarga Dengan Hubungan Keuangan Dengan
Family Relationship With Financial Relationship With
Pemegang Pemegang
Dewan Dewan
Direksi Saham Direksi Saham
Nama Komisaris Komisaris
The Board of Pengendali The Board of Pengendali
Name The Board of The Board of
Directors Controlling Directors Controlling
Commissioners Commissioners
Shareholder Shareholder
Ya Tidak Ya Tidak Ya Tidak Ya Tidak Ya Tidak Ya Tidak
Yes No Yes No Yes No Yes No Yes No Yes No
Dewan Komisaris | The Board of Commissioners
Agus Surya Bakti1 - √ - √ - √ - √ - √ - √
Gumilar Rusliwa Somantri - √ - √ - √ - √ - √ - √
Anang Sri Kusuwardono - √ - √ - √ - √ - √ - √
Zaelani - √ - √ - √ - √ - √ - √
Dadan Kusdiana 2
- √ - √ - √ - √ - √ - √
Arif Baharudin2 - √ - √ - √ - √ - √ - √
Fachrul Razi3 - √ - √ - √ - √ - √ - √
Robert A. Simanjuntak 4
- √ - √ - √ - √ - √ - √
Direksi | The Board of Directors
Dana Amin1 - √ - √ - √ - √ - √ - √
Hartono 2
- √ - √ - √ - √ - √ - √
Aprilandi Hidayat Setia2 - √ - √ - √ - √ - √ - √
Luki Setiawan Suardi 2
- √ - √ - √ - √ - √ - √
Anton Herdianto1 - √ - √ - √ - √ - √ - √
Risono1 - √ - √ - √ - √ - √ - √
Arie Prabowo Ariotedjo 5
- √ - √ - √ - √ - √ - √
Dimas Wikan Pramudhito5 - √ - √ - √ - √ - √ - √
Sutrisno S. Tatetdagat5 - √ - √ - √ - √ - √ - √
Tatang Hendra 6
- √ - √ - √ - √ - √ - √
Johan N.B. Nababan6 - √ - √ - √ - √ - √ - √
Hari Widjajanto 4
- √ - √ - √ - √ - √ - √
1
Efektif diangkat pada tanggal 19 Desember 2019 Appointed effectively on December 19, 2019
2
Efektif diangkat pada tanggal 24 April 2019 Appointed effectively on April 24, 2019
3
4
5
6
Organ Penunjang Dewan Komisaris

Supporting Committees of the Board of Commissioners
Untuk mendukung fungsi pengawasan, Dewan Komisaris telah To support the oversight function, the Board of Commissioners
membentuk tiga Komite Penunjang Dewan Komisaris yakni has established three BOC Supporting Committees, namely
Komite Audit, Komite Good Corporate Governance, Nominasi Audit Committee, Good Corporate Governance, Nomination
dan Remunerasi (GCG-NR) dan Komite Manajemen Risiko and Remuneration (GCG-NR) Committee and Risk Management
serta didukung oleh fungsi Sekretaris Dewan Komisaris. Setiap Committee and supported by the Secretary to the Board of
Komite Penunjang Dewan Komisaris diketuai oleh anggota Commissioners. Each Board of Commissioners Supporting
Dewan Komisaris, dan tugas serta tanggung jawab masing- Committee is chaired by a member of the Board of Commissioners,
masing Komite tercantum dalam masing-masing pedoman kerja and the duties and responsibilities of each Committee are listed
(charter). Adapun dasar hukum pembentukan organ penunjang in each charter. The legal basis for the formation of supporting
Dewan Komisaris mengacu pada: organs of the Board of Commissioners refers to:
1. Peraturan Menteri Negara BUMN Nomor PER-01/MBU/2011 1. SOE Minister’s Regulation Number PER-01/MBU/2011
tentang Penerapan Tata Kelola Perusahaan yang Baik; regarding the Implementation of Good Corporate
2. Peraturan Menteri Negara BUMN Nomor PER-12/MBU/2012 Governance;
tentang Organ Pendukung Dewan Komisaris/Dewan 2. SOE Minister’s Regulation Number PER-12/MBU/2012
Pengawas Badan Usaha Milik Negara; regarding Supporting Organ of the Board of Commissioners
3. ASX Corporate Governance Principles and Recommendations, of State-Owned Enterprises;
4th Edition tahun 2019; 3. ASX Corporate Governance Principles and Recommendations
4. Surat Edaran Otoritas Jasa Keuangan Nomor 32/ 4th Edition for the year 2019;
SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan 4. Financial Service Authority Circular Number 32/
Terbuka; SEOJK.04/2015 regarding Corporate Governance Guidelines;
5. Peraturan Otoritas Jasa Keuangan Nomor 55/POJK.04/2015 5. Financial Service Authority Regulation Number 55/
tentang Pembentukan dan Pedoman Pelaksanaan Kerja POJK.04/2015 regarding Formation and Code of Work
Komite Audit; Implementation of Audit Committee;
6. Peraturan Otoritas Jasa Keuangan Nomor 34/POJK.04/2014 6. Financial Service Authority Regulation Number 34/
tentang Komite Nominasi dan Remunerasi Emiten atau POJK.04/2014 about Nomination and Remuneration
Perusahaan Publik; Committee of Public Company;
7. Anggaran Dasar (AD) Perseroan sebagaimana terakhir 7. The Articles of Association which was last amended
tercantum dalam Akta Pernyataan Keputusan Rapat by The Deed of Meetings Resolution of amendment
Perubahan Anggaran Dasar PT Aneka Tambang Tbk of Article Association of PT Aneka Tambang Tbk
atau disingkat PT ANTAM Tbk Nomor 33 tanggal abbreviated as PT ANTAM Tbk Number 33 dated
11 Mei 2018 yang dibuat dihadapan Notaris Jose Dima May 11, 2018 made before Notary Jose Dima Satria SH,
Satria S.H., M.Kn., Notaris di Kota Administrasi Jakarta M.Kn., Notary in South Jakarta City, which notification of
Selatan, yang pemberitahuan mengenai perubahan the change has been submitted to the Minister of Justice
anggaran dasar tersebut telah disampaikan kepada and Human Right of Republic Indonesia as the receipt in
Menteri Hukum dan Hak Asasi Manusia Republik Indonesia accordance with Letter number AHU-AH.01.03-0212350
sebagaimana telah diterima sesuai dengan Surat Nomor dated June 5, 2018.
AHU-AH.01.03-0212350 tanggal 5 Juni 2018.
Dalam setiap Rapat Komite Penunjang Dewan Komisaris, setiap In every Board of Commissioners Supporting Committee’s
anggota diberi kebebasan seluas-luasnya untuk menyampaikan Meeting, each member of the Committee was given the freedom
pendapat profesionalnya. Keputusan rapat diambil berdasarkan to express professional opinion. The decision of the meeting is
musyawarah untuk mufakat. Segala sesuatu yang dibicarakan taken based on deliberation and consensus. Everything discussed
dan diputuskan dalam rapat termasuk pendapat yang berbeda and decided in the meeting of the Committee, including a
(dissenting opinions), dituangkan dalam Risalah Rapat yang dissenting opinions, stated in the Minutes of Meeting, which
ditandatangani oleh seluruh anggota Komite yang hadir dan was signed by all committee members who were present and
diketahui oleh Ketua dan Wakil Ketua Komite, sebagai bukti known by the Chairman and Vice Chairman of the Committee,
yang sah atas keputusan yang diambil dalam rapat. as a valid evidence for decisions taken at the meeting.
Seluruh Organ Pendukung Dewan Komisaris wajib membuat All the Supporting Organs of the Board of Commissioners
laporan pada Dewan Komisaris atas setiap penugasan yang shall prepare a report to the Board of Commissioners for each
diterima, disertai dengan rekomendasi jika diperlukan. Laporan assignment received, accompanied by a recommendation if
tersebut ditandatangani oleh Ketua, Wakil Ketua dan anggota necessary. The report is signed by the Chairman, Vice Chairman
Komite. and Committee member.
Sekretaris Dewan Komisaris

Secretary to the Board of Commissioners
Sigit Priyambodo menjabat sebagai Sekretaris Dewan Komisaris, Sigit Priyambodo serves as Secretary to the Board of
yang diangkat kembali berdasarkan Surat Keputusan Dewan Commissioners, reappointed based on the Board of
Komisaris Nomor 5/DK/SK/IV/2019 tanggal 18 April 2019 tentang Commissioners Decree Number 5/DK/SK/IV/2019 dated April
Pengangkatan Sekretaris Dewan Komisaris dengan masa jabatan 18, 2019 concerning Appointment of the Secretary to the Board
hingga 30 April 2022. Sekretaris Dewan Komisaris bekerja secara of Commissioners with term of office up to April 30, 2022. The
full time dan bertanggung jawab kepada Dewan Komisaris yang Secretary to the Board of Commissioners works full time and
rincian tugas, tanggung jawab, dan kewenangannya diatur is responsible to the Board of Commissioners, whose details of
dalam Pedoman Kerja (Charter) Sekretaris Dewan Komisaris. duties, responsibilities, and authorities stipulated in the Charter
of the Secretary to the Board of Commissioners.
Pedoman Kerja Sekretaris Dewan Komisaris Charter Secretary to the Board of Commissioners
Pedoman Kerja (Charter) Sekretaris Dewan Komisaris ditetapkan Secretary to the Board of Commissioners Charter set by the Board
oleh Dewan Komisaris berdasarkan Keputusan Dewan Komisaris of Commissioners and based on the BOC Decree Number 10/
Nomor 10/DK/SK/IV/2013 tanggal 22 April 2013 yang memuat DK/SK/IV/2013 dated April 22, 2013 which containing the duties
tugas dan tanggung jawab Sekretaris Dewan Komisaris antara and responsibilities of Secretary to the Board of Commissioners,
lain: among others:
1. Mempersiapkan rapat, termasuk bahan rapat (briefing 1. Preparing for the meeting, including meeting materials
sheet) Dewan Komisaris, serta membuat risalah rapat (briefing sheet) of the Board of Commissioners, as well
Dewan Komisaris sesuai ketentuan Anggaran Dasar as making the minutes of meetings of the Board of
Perseroan; Commissioners in accordance with the company’s Articles of
2. Mengadministrasikan dokumen Dewan Komisaris, baik Association;
persuratan, risalah rapat maupun dokumen lainnya; 2. Making administration of BOC’s documents, among others
3. Menyusun Rencana Kerja dan Anggaran Tahunan Dewan correspondence,, minutes of meetings and other documents;
Komisaris; 3. Preparing Annual Corporate Work Plan and Budget of the
4. Menyusun laporan-laporan Dewan Komisaris; BOC;
5. Memastikan bahwa dokumen penyelenggaraan kegiatan 4. Preparing Reports of the BOC;
Dewan Komisaris tersimpan dengan baik di Perusahaan 5. Ensuring that the BOC’s document stored properly in
dalam rangka tertib administrasi dan pelaksanaan tata kelola the Company in the context of good administration and
Perusahaan yang baik; implementation of good corporate governance;
6. Memberikan informasi yang dibutuhkan oleh Dewan 6. Providing the information that required by the BOC
Komisaris secara berkala dan atau sewaktu-waktu apabila periodically or at any time if needed;
diperlukan; 7. As a liaison officer of the BOC and relevant parties within
7. Sebagai penghubung (liaison officer) Dewan Komisaris ANTAM as well as other parties outside ANTAM;
dengan pihak-pihak terkait di lingkungan ANTAM maupun 8. Attending the BOC meetings both internally and externally
pihak-pihak lain di luar lingkungan ANTAM; (with the BOD) as well as meeting of Supporting Committee
8. Menghadiri rapat Dewan Komisaris baik internal maupun of the BOC;
eksternal (dengan Direksi) serta rapat Komite Penunjang 9. Carrying out the other duties and specific assignment from
Dewan Komisaris; the Board of Commissioners; and
9. Melaksanakan tugas lain dan tugas khusus dari Dewan 10. Performing a self-assessment of the effectiveness of its
Komisaris; dan duties, and periodically update Secretary to the Board of
10. Melakukan self-assessment terhadap efektivitas pelaksanaan Commissioners’ Charter.
tugasnya, dan memutakhirkan pedoman kerja Sekretaris
Dewan Komisaris secara periodik.
Profil Sekretaris Dewan Komisaris

Profile of Secretary to the Board of Commissioners
Ir. Sigit Priyambodo

Sekretaris Dewan Komisaris,
Secretary to the Board of Commissioners
Kewarganegaraan Riwayat Pendidikan History of Education

Citizenship
Sarjana Kehutanan, Universitas Gadjah Mada (1994) Bachelor of Forestry, Gadjah Mada University (1994)
Indonesia Riwayat Jabatan History of Position
Usia • Dasar Hukum Penunjukan • Legal Basis of Appointment

Age Surat Keputusan Dewan Komisaris Nomor 5/DK/SK/IV/2019 Decree of the Board of Commissioners Number 5/DK/SK/
tanggal 18 April 2019 tentang Pengangkatan Sekretaris IV/2019 dated April 18, 2019 concerning Appointment of
49 tahun per Dewan Komisaris Secretary to the Board of Commissioners
31 Desember 2019 • Pengalaman Kerja • Working Experiences
49 years old 1. PT Inhutani II (Persero) Tahun 1995-2016 1. PT Inhutani II (Persero) Year 1995-2016
as of December 31, 2019 2. Staf Penghubung di Kementerian BUMN, Deputi Bidang 2. Liaison officer at the Ministry of SOEs, Deputy Mining
Usaha Pertambangan Industri Strategis dan Media Industry Strategies and Media
Tempat & Tanggal Lahir • Jabatan Rangkap • Concurrent Position
Place & Date of Birth Tidak memiliki jabatan rangkap Does not have concurrent position
Pendidikan atau Pelatihan untuk Meningkatkan Kompetensi Education or Training for Competency Development
Surabaya, 28 Juli 1970
Surabaya, July 28, 1970 • Kunjungan Kerja ke PT Indonesia Chemical Alumina dan • Working Visit to PT Indonesia Chemical Alumina and Smelter
Proyek Smelter Grade Alumina Refinery (21-23 Januari 2019) Grade Alumina Refinery Project (January 21-23, 2019)
• Kunjungan Kerja ke UBP Nikel Maluku Utara (29 Juni-1 Juli • Working Visit to North Maluku Nickel Mining Business Unit
2019) (June 29-July 1, 2019)
Komite Audit
Audit Committee
ANTAM membentuk Komite Audit dengan tujuan untuk ANTAM established Audit Committee to assist the Board of
membantu Dewan Komisaris dalam melaksanakan fungsi Commissioners in performing its supervisory function, ensure
pengawasan, memastikan perusahaan dikelola dengan that the company is managed properly in accordance with GCG
manajemen yang sehat sesuai dengan prinsip-prinsip GCG, principles, provide advice on the implementation of internal
memberikan nasihat dalam pelaksanaan pengendalian internal controls and corporate audits, prepare a written report on
dan audit perusahaan, membuat laporan secara tertulis atas any assignment given by the Board of Commissioners as well
setiap penugasan yang diberikan oleh Dewan Komisaris, serta as reports on the implementation of the activities of the Audit
membuat laporan pelaksanaan kegiatan Komite Audit dan Committee and the achievement of its performance level to be
tingkat pencapaian kinerjanya untuk diungkapkan dalam disclosed in the Company’s Annual Report.
Laporan Tahunan Perusahaan.
Keanggotaan Komite Audit Audit Committee Membership Structure

Sesuai Peraturan Otoritas Jasa Keuangan Nomor 55/ According to the Regulation of FSA Number 55/POJK.04/2015
POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan on the Establishment and Guidelines for the Implementation of
Kerja Komite Audit dijelaskan bahwa Komite Audit terdiri paling the Work of the Audit Committee is specified that the Audit
sedikit 3 (tiga) orang anggota yang berasal dari Komisaris Committee consists of at least 3 (three) members, who come
Independen dan Pihak dari luar Perusahaan Publik yang diangkat from Independent Commissioners and a Party from outside of
dan diberhentikan oleh Dewan Komisaris. Ketua Komite Audit the Company, who are appointed and dismissed by the Board
harus diketuai oleh Komisaris Independen. Dengan demikian, of Commissioners. The Chairman of the Audit Committee shall
mayoritas anggota Komite Audit merupakan pihak Independen. be held by an Independent Commissioner. Therefore, most
Hal ini juga sejalan dengan ketentuan ASEAN Corporate members of the Audit Committee are independent parties.
Governance Scorecard. Susunan Komite Audit ANTAM di tahun This is also in line with the provisions of the ASEAN Corporate
2019 adalah sebagai berikut: Governance Scorecard. The composition of ANTAM’s Audit
Committee in 2019 is shown in the following table:
Nama Jabatan Masa Jabatan
Name Position Terms of Office
Gumilar Rusliwa Somantri Ketua (Komisaris Independen) Diangkat sebagai Ketua Komite Audit pada tanggal 16 Mei 2017 dan masa
Chairman (Independent Commissioner) jabatannya berlaku sampai dengan berakhirnya masa jabatan sebagai
Dewan Komisaris ANTAM atau ditetapkan lain melalui Keputusan Dewan
Komisaris.
Appointed as Chairman of Audit Committee on May 16, 2017 and his
term of office is valid until the end of his tenure as ANTAM’s Board of
Commissioners or stipulated otherwise by the Board of Commissioners
Decree.
Zaelani Wakil Ketua (Komisaris) Diangkat sebagai Wakil Ketua Komite Audit pada tanggal 16 Mei 2017 dan
Vice Chairman (Commissioner) masa jabatannya berlaku sampai dengan berakhirnya masa jabatan sebagai
Dewan Komisaris ANTAM atau ditetapkan lain melalui Keputusan Dewan
Komisaris.
Appointed as Vice Chairman of Audit Committee on May 16, 2017 and
his term of office is valid until the end of his tenure as ANTAM’s Board of
Commissioners or stipulated otherwise by the Board of Commissioners
Decree.
Mursyid Amal Anggota (Pihak Independen) 1 Mei 2018-30 April 2020
Member (Independent Party) May 1, 2018-April 30, 2020
Rukmana Nugraha Adhi Anggota (Pihak Independen) 1 Mei 2018-30 April 2020
Mayoritas Anggota Komite Audit ANTAM merupakan

pihak independen dan dipimpin oleh Komisaris Independen
Most of the Members of ANTAM’s Audit Committee are independent

parties and is chaired by Independent Commissioner
Profil Anggota Komite Audit yang Bukan Komisaris

Profile of Audit Committee Member Who are not the BOC
Drs. Mursyid Amal, M.M.

Anggota Komite Audit
Member of Audit Committee

Citizenship
1. Sarjana Ekonomi, Universitas Islam Bandung (1986) 1. Bachelor of Economics, Islam University Bandung (1986)
Indonesia 2. S2-Sekolah Tinggi Manajemen Bandung (1996) 2. Master Degree, School of Management Bandung (1996)
Riwayat Jabatan History of Position
Usia
Age • Dasar Hukum Penunjukan • Legal Basis of Appointment
SK Dewan Komisaris Nomor 4/DK/SK/IV/2018 tentang BOC Decree Number 4/DK/SK/IV/2018 about Re-Appointment
71 tahun Pengangkatan Kembali Anggota Komite Audit of the member of Audit Committee
per 31 Desember 2019 • Pengalaman Kerja • Working Experiences
71 years old Direktur Keuangan PT Telkom (Persero) Tbk Finance Director of PT Telkom (Persero) Tbk (2000-2002)
as of December 31, 2019 (2000-2002) • Concurrent Position
• Jabatan Rangkap Does not have concurrent position based on FSA Regulation
Tempat & Tanggal Lahir Tidak memiliki jabatan rangkap sesuai POJK Nomor 55/ Number 55/POJK.04/2015
Place & Date of Birth POJK.04/2015
Pendidikan atau Pelatihan untuk Meningkatkan Kompetensi Education or Training for Competency Development
Tobelo, 14 November 1948
Tobelo, November 14, 1948 2019 IIA Indonesian National Conference: Empowering 2019 IIA Indonesian National Conference: Empowering
Internal Auditors, Embracing the 4IR (24-25 Juli 2019) Internal Auditors, Embracing the 4IR (July 24-25, 2019)
Dr. Ir. Rukmana Nugraha Adhi, DEA

Anggota Komite Audit
Member of Audit Committee

Citizenship
1. S1 Teknik Pertambangan, Institut Teknologi Bandung (1987) 1. Bachelor of Mining Engineering, Institute of Technology
Indonesia Bandung (1987)
2. DiplÃ´me d’Etudes Approfondies, Ecole Nationale 2. DiplÃ´me d’Etudes Approfondies, Ecole Nationale
Superieure des Mines de Paris (ENSMP), Perancis (1984) Superieure des Mines de Paris (ENSMP), France (1984)
Usia 3. S-3 Docteur Ingenieur, ENSMP, Perancis (1986) 3. Docteur Ingenieur, ENSMP, France (1986)
Age Riwayat Jabatan History of Position
68 tahun • Dasar Hukum Penunjukan • Legal Basis of Appointment

per 31 Desember 2019 SK Dewan Komisaris Nomor 5/DK/SK/IV/2018 tentang BOC Decree Number 5/DK/SK/IV/2018 about Re-Appointment
68 years old Pengangkatan Kembali Anggota Komite Audit of the member of Audit Committee
as of December 31, 2019 • Pengalaman Kerja • Working Experiences
1. Pegawai Negeri Sipil di Direktorat Sumber Daya Mineral, 1. Civil Servant in Directorate of Mineral Resources,
Direktorat Jenderal Geologi dan Sumber Daya Mineral, Directorate General Geology and Mineral Resources
Tempat & Tanggal Lahir DESDM (1980-2005) dan di badan Geologi, KESDM DESDM (1980-2005) and Geology Institution KESDM
Place & Date of Birth (2006-2007) (2006-2007)
2. Dosen di Sekolah Tinggi Teknologi Mineral Indonesia, 2. Lecturer at the College of Technology Minerals Indonesia,
Sumedang, 4 Maret 1951 Bandung (1988-sekarang) Bandung (1988-now)
Sumedang, March 4, 1951 3. Dosen Luar Biasa di Politeknik Geologi dan Pertambangan 3. Extraordinary Lecturer at the Polytechnic of Geology and
Bandung (2005-sekarang) Mining Bandung (2005-now)
4. Dosen Luar Biasa di Institut Teknologi & Sains Bandung 4. Extraordinary at Institute of Science & Technology,
(2005-sekarang) Bandung (2005-now)
• Jabatan Rangkap • Concurrent Position
Tidak memiliki jabatan rangkap sesuai POJK Nomor 55/ Does not have concurrent position based on FSA Regulation
POJK.04/2015 Number 55/POJK.04/2015
Pendidikan atau Pelatihan untuk Meningkatkan Kompetensi
Education or Training for Competency Development
2019 IIA Indonesian National Conference: Empowering 2019 IIA Indonesian National Conference: Empowering
Internal Auditors, Embracing the 4IR (24-25 Juli 2019) Internal Auditors, Embracing the 4IR (July 24-25, 2019)
Independensi Komite Audit Independency of Audit Committee

Untuk dapat menjaga independensi setiap anggota Komite, To maintain the independency of each member of the Committee,
masing-masing anggota Komite Penunjang Dewan Komisaris annually each member of the Supporting Committee of the
setiap tahunnya memberikan pernyataan independensi. Board of Commissioners shall provide independency statement.
Pernyataan Independensi Komite Audit ANTAM disusun The independency statement of ANTAM Audit Committee is
berdasarkan Peraturan Otoritas Jasa Keuangan Nomor organized in conformity with the Financial Services Authority
55/POJK.04/2015 tentang Pembentukan dan Pedoman Regulation Number 55/POJK.04/2015 regarding the Establishment
Pelaksanaan Kerja Komite Audit Pasal 7 terkait Persyaratan and Implementation Guidance of the Audit Committee Articles
dan Keanggotaan dan Masa Tugas Komite Audit serta Charter 7 concerning Membership Requirements and Term of Office of
Komite Audit. Audit Committee and the Audit Committee Charter.
Gumilar Rukmana
Penyataan Independensi Mursyid
Rusliwa Zaelani Nugraha
Independency Statement Amal
Somantri Adhi
Bukan merupakan orang dalam Kantor Akuntan Publik, Kantor Konsultan Hukum, Kantor
Jasa Penilai Publik atau pihak lain yang memberi jasa asuransi, jasa non-asuransi, jasa
penilai dan/atau jasa konsultasi lain kepada ANTAM dalam waktu 6 (enam) bulan terakhir;
√ √ √ √
Not a person in a public accounting firm, law firm, the Office of Public Appraisal Service
or others who provide insurance, non-insurance services, appraisal services and/or other
consulting services to ANTAM within 6 (six) months;
Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab
untuk merencanakan, memimpin, mengendalikan, atau mengawasi kegiatan ANTAM
dalam waktu 6 (enam) bulan terakhir (kecuali Komisaris Independen);
√ √ √ √
Not a person who work or have the authority and responsibility for planning, directing,
controlling, or supervise the activities ANTAM within 6 (six) months (except the Independent
Commissioner);
Tidak mempunyai saham langsung maupun tidak langsung di ANTAM;
√ √ √ √
Not having shares directly or indirectly in ANTAM;
Keluarga tidak mempunyai saham langsung maupun tidak langsung di ANTAM;
√ √ √ √
The family does not have a direct or indirect shares in ANTAM;
Tidak mempunyai hubungan Afiliasi dengan anggota Dewan Komisaris, anggota Direksi,
atau Pemegang Saham Utama ANTAM;
√ √ √ √
Not having affiliation with members of the Board of Commissioners, members of the Board
of Directors, or major shareholders of ANTAM;
Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung yang berkaitan
dengan kegiatan usaha ANTAM;
√ √ √ √
Not having business relationship directly or indirectly related to the business activities
ANTAM;
Tidak menjabat sebagai pengurus partai politik dan/atau calon/anggota legislatif dan/atau
merupakan calon atau menjabat sebagai kepala/wakil kepala pemerintahan daerah;
√ √ √ √
Not serve on the board of political parties and/or candidates/members of legislative and/or
a candidate or as head/deputy head of regional government;
Tidak memiliki jabatan lain yang dapat menimbulkan benturan kepentingan terkait
dengan jabatan di ANTAM.
√ √ √ √
Not having other position which may give rise to conflicts of interests related to positions
in ANTAM.
Pedoman Kerja Komite Audit Audit Committee Charter

Agar Komite Audit dapat berperan secara efisien dan efektif, In order to Audit Committee performs efficiently and effectively,
maka disusun Pedoman Kerja Komite Audit yang dimutakhirkan Audit Committee Charter was developed and has been updated
dan disahkan terakhir oleh Dewan Komisaris pada tanggal and ratified by the BOC on July 29, 2016 and has been published
29 Juli 2016 serta telah dipublikasikan di situs ANTAM. on ANTAM’s website. The Charter includes membership
Pedoman Kerja tersebut mencakup struktur keanggotaan, structure, membership qualification including their competence
persyaratan keanggotaan termasuk persyaratan kompetensi and independence requirement, duty, responsibility, authority, as
dan independensi, tugas, tanggung jawab dan wewenang, serta well as meeting, reporting and budgeting.
rapat, pelaporan dan anggaran.
Tugas dan Tanggung Jawab Komite Audit Duties and Responsibilities of Audit Committee
Komite Audit bertugas dan bertanggung jawab memberikan The Audit Committee is in charge and responsible for
pendapat profesional dan independen kepada Dewan Komisaris providing professional and independent advice to the Board of
atas laporan atau hal-hal yang disampaikan oleh Direksi, dan Commissioners on reports or others matters submitted by the
melaksanakan tugas-tugas lain yang berkaitan dengan tugas Board of Directors, and carry out other tasks related to the duties
Dewan Komisaris. Untuk melaksanakan tanggung jawabnya, of the Board of Commissioners. To carry out its responsibilities,
Komite Audit harus mengetahui ruang lingkup pekerjaannya the Audit Committee shall determine the scope of work that
yang meliputi: includes:
1. Menelaah informasi keuangan yang akan dikeluarkan 1. Reviewing financial information to be issued by the Company
Perusahaan kepada publik dan/atau pihak otoritas; to the public and/or authorities;
2. Memberikan rekomendasi kepada Dewan Komisaris atas 2. Providing recommendations to the Board of Commissioners
usulan Kantor Akuntan Publik yang akan ditunjuk di RUPS on the proposed Public Accounting Firm to be appointed
serta melakukan pengawasan pekerjaan Akuntan Publik, at the GMOS and supervising work Public Accountants,
termasuk mengusulkan pemutusan hubungan kerja dengan including proposing terminations working relationship with
KAP kepada Dewan Komisaris jika terdapat indikasi kuat Public Accountting Firm to the Board Commissioner if there
bahwa independensi auditor dapat terganggu atau terbukti are strong indications that independence the auditor can
bahwa auditor tidak melakukan pemeriksaan sesuai dengan be disturbed or proven that the auditor does not carry out
standar pemeriksaan akuntan publik; checks in accordance with the auditing standards for public
3. Mengevaluasi efektivitas pelaksanaan tugas pokok dan accountants;
fungsi dari Internal Auditor; 3. Evaluating the effectiveness of the implementation of the
4. Menelaah desain dan pelaksanaan kebijakan serta prosedur main tasks and functions of the Internal Auditor;
untuk memastikan efektivitas pengendalian internal untuk 4. Reviewing the design and implementation of policies and
menghindari kesalahan penyajian Laporan Keuangan, procedures to ensure the effectiveness of internal controls
penyalahgunaan aktiva serta mencegah terjadinya perbuatan to avoid misrepresentation of Financial Statements, misuse
lainnya yang melanggar peraturan perundang-undangan; of assets and prevent other acts that violate statutory
5. Memantau untuk memastikan bahwa pengendalian internal regulations;
atas kegiatan operasional Perusahaan dijalankan sesuai 5. Monitoring to ensure that internal control over the
peraturan perundang-undangan yang berlaku; Company’s operational activities is maintained by applicable
6. Berkoordinasi dengan Komite Manajemen Risiko dalam laws and regulations;
hal pemantauan risiko dan mitigasinya, terutama dalam 6. Ensuring coordination with the Risk Management Committee
penyusunan Laporan Keuangan; relating to risk monitoring and mitigation, Especially in the
7. Pelaksanaan Tugas Khusus sesuai perintah tertulis dari preparation of ANTAM’s Financial Reports;
Dewan Komisaris; 7. Fulfilling Special Assignment as per written instruction from
8. Melakukan self-assessment Pelaksanaan Tugas Komite the Board of Commissioners;
Audit. 8. Carrying out self-assessment of the implementation of Audit
Committee Duties.
Atas setiap penugasan yang diberikan, Komite Audit wajib For each assignment, the Audit Committee shall prepare a
membuat laporan kepada Dewan Komisaris, disertai dengan report to the Board of Commissioners, accompanied by a
rekomendasi jika diperlukan. Laporan tersebut ditandatangani recommendation where necessary. The report is signed by the
oleh Ketua, Wakil Ketua, dan anggota Komite. Chairman, Vice Chairman, and Committee members.
Rapat Komite Audit Meeting of the Audit Committee

Ketentuan pelaksanaan Rapat Komite Audit tercantum dalam The rules of the Audit Committee Meeting are stated in the Audit
Charter Komite Audit. Komite Audit sekurang-kurangnya Committee Charter. The Audit Committee shall hold meetings
mengadakan rapat 2 (dua) kali dalam satu bulan, yang terdiri at least twice a month, comprising a Plenary Meeting which
dari Rapat Pleno yang dihadiri oleh Ketua, Wakil Ketua dan attended by the Chairman, Vice Chairman and members of the
anggota Komite Audit dan Rapat Khusus yang hanya dihadiri Audit Committee, and the Special Meeting which attended only
oleh Anggota Komite Audit. Kedua jenis rapat tersebut dapat by members of the Audit Committee. Both meetings may invite
mengundang Divisi atau pihak terkait lainnya sesuai kebutuhan. other relevant Division or parties as required.
Sepanjang tahun 2019 telah dilaksanakan 43 (empat puluh tiga) During 2019, Audit Committee held 43 (forty three) meetings
kali rapat Komite Audit yang terdiri dari 19 (sembilan belas) kali of the Audit Committee which comprising 19 (nineteen) plenary
rapat umum (pleno) dan 24 (dua puluh empat) kali rapat khusus meetings and 24 (twenty four) special meetings. The attendance
Komite Audit. Adapun kehadiran masing-masing anggota of each member of the Audit Committee in Audit Committee
Komite Audit dalam Rapat Komite Audit selama tahun 2019 Meetings during 2019 as follows:
sebagai berikut:
Nama Jabatan Total Kewajiban Rapat Jumlah Kehadiran Kehadiran Rapat

No.
Name Position Total Compulsary Meeting Number of Attendance Meeting Attendance
1. Gumilar Rusliwa Somantri Ketua 12 19 158,33%

Chairman
2. Zaelani Wakil Ketua 12 12 100,00%
Vice Chairman
3. Mursyid Amal Anggota 24 43 179,16%
Member
4. Rukmana Nugraha Adhi Anggota 24 37 154,16%
Member
Rata-Rata Kehadiran Rapat
147,91%
Average of Meeting Attendance
Penilaian Kinerja (KPI) Komite Audit Key Performance Indicator (KPI) of Audit
Committee
Penilaian kinerja Komite Audit dilakukan dengan berpedoman KPI evaluation of the Audit Committee is conducted by
pada Keputusan Dewan Komisaris Nomor 16/DK/SK/VI/2013 referring to the BOC Decree Number 16/DK/SK/VI/2013
tentang Tata Cara Penilaian Kinerja Komite Penunjang Dewan concerning the Procedures of Performance Appraisal of the
Komisaris. Proses penilaian Komite Audit dilakukan melalui Board of Commissioners. The Audit Committee’s Evaluation
mekanisme self-assessment dengan menggunakan metode Process is carried out through a self-assessment mechanism
evaluasi dalam suatu sistem yang ditetapkan dalam Keputusan using evaluation methods in a system stipulated in the Board
Dewan Komisaris. Hasil pencapaian KPI Komite Audit di tahun of Commissioners’ Decree. The achievements of KPI Audit
2019 adalah sebagai berikut: Committee in 2019 are as follows:
Bobot Indikator Pencapaian Nilai Bobot Indikator x Pencapaian Nilai

No. Key Performance Indicator Weight Indicator Score Achievement Weight Indicator x Score Achievement
(%) (%) (%)
1. Penilaian Realisasi Pertemuan dan Program Kerja

• Penilaian Realisasi Pelaksanaan Rapat 15 179,16 26,87
• Penilaian Realisasi Program Kerja 15 117,50 17,62
Assessment of Meeting and Work Program Realization
• Assessment of Meeting Realization
• Assessment of Work Program Realization
2. Penilaian Tingkat Kehadiran di Rapat 40 147,91 59,16
Assessment of Meeting Attendance Level
3. Penilaian Ketepatan Waktu Pemasukan Laporan 30 100,00 30,00
Assessment of On Time Report Submission
Capaian KPI Komite Audit Tahun 2019
100 133,65
Achievement of KPI of Audit Committee 2019
Remunerasi Komite Audit Remuneration of Audit Committee

Penentuan jumlah remunerasi Komite Audit ditetapkan dengan The Remuneration of Audit Committee is established refers to
mengacu pada Peraturan Menteri BUMN Nomor PER-12/ the Regulation of Minister of SOE Number PER-12/MBU/2012
MBU/2012 tentang Organ Pendukung Dewan Komisaris/Dewan concerning Supporting Organ of BOC/Supervisory Board of
Pengawas Badan Usaha Milik Negara yang mengatur bahwa the State-Owned Enterprises that set the honorarium of the
penghasilan anggota Komite Audit, yakni berupa honorarium members of Committee at maximum of 20% (twenty percent)
maksimal sebesar 20% (dua puluh persen) dari gaji Direktur of the President Director’s salary with the provisions of the
Utama Perusahaan dengan ketentuan pajak ditanggung tax paid by the Company and not allowed to receive other
Perusahaan dan tidak diperkenankan menerima penghasilan income in addition to the honorarium. Members of the Board
lain selain honorarium tersebut. Anggota Dewan Komisaris of Commissioners who acts as Chairman/member of the Audit
yang menjadi Ketua/anggota Komite Audit tidak diberikan Committee was not granted the additional income from the
penghasilan tambahan dari jabatan tersebut. position.
Pelaksanaan Tugas Komite Audit Implementation of Audit Committee Duties

Selama tahun 2019, Komite Audit telah melaksanakan tugas dan During 2019, the Audit Committee has carried out its duties and
tanggung jawabnya sesuai Pedoman Kerja Komite Audit serta responsibilities in accordance with Audit Committee Charter and
Program Kerja Komite Audit Tahun 2019. Realisasi pelaksanaan Audit Committee Work Program of 2019. Actual implementation
tugas Komite Audit di tahun 2019 di antaranya: of the tasks of the Audit Committee in 2019 were:
1. Penelaahan dan Klarifikasi atas Informasi Keuangan; 1. Reviewing and Clarification Over Financial Information;
2. Seleksi, Penunjukan, dan Pengawasan Pekerjaan Auditor Independen; 2. Selection, Appointment, and Supervision of the Independent Auditor;
3. Evaluasi Efektivitas Pelaksanaan Fungsi Internal Audit; 3. Evaluation of the Effectiveness of Internal Audit Function;
4. Pengawasan Efektivitas Pengendalian Internal; 4. Supervising on Internal Control Effectiveness;
5. Pemantauan Kepatuhan terhadap Peraturan Perundang-undangan dan 5. Monitoring on Compliance to the Regulations and Internal Procedures;
Prosedur Internal yang berlaku; 6. Discussion of the Risk Management and Risk Mitigation;
6. Pembahasan Manajemen Risiko dan Mitigasi Risiko; 7. Self-assessment of the implementation of the duties of the Audit
7. Self-assessment pelaksanaan tugas Komite Audit; Committee;
8. Penyampaian laporan tertulis kepada Dewan Komisaris perihal laporan 8. Submission of written report to the BOC regarding the report of the
rapat, saran perbaikan pengawasan dan pengendalian intern dan/atau meeting, recommendation on supervision improvements and internal
perihal penugasan khusus, risalah rapat Komite Audit, Laporan Triwulan control and/or special assignments concerning among others, report the
dan Tahunan pelaksanaan kegiatan Komite Audit; minutes of monthly of Audit Committee meeting, Quarterly and Annual
9. Pembahasan Pengaduan yang masuk pada Tim Whistleblowing System. Reports;
9. Discussion of complaints submitted to the Whistleblowing System Team.
Komite Good Corporate Governance,

Nominasi dan Remunerasi (GCG-NR)
Good Corporate Governance, Nomination and Remuneration Committee
Komite Good Corporate Governance, Nominasi dan Remunerasi Good Corporate Governance, Nomination, and Remuneration
(GCG-NR) dibentuk untuk membantu tugas pengawasan Committee (GCG-NR Committee) was formed to assist the
dan penasihatan Dewan Komisaris dalam memantau dan supervisory and advisory duties of the Board of Commissioners
memastikan diterapkannya Good Corporate Governance in monitoring and ensuring the implementation of Good
termasuk pengelolaan tanggung jawab sosial (CSR) dan Corporate Governance including corporate social responsibility
lingkungan Perseroan, penutupan dan pascatambang, (CSR) and the Company’s environment, mine closure and
pengawasan proses nominasi, remunerasi, dan pengembangan postmining, effective and sustainable supervision of nomination,
SDM secara efektif dan berkelanjutan di Perusahaan. Selain itu, remuneration and Human Resources development processes in
Komite GCG-NR juga wajib membuat laporan secara tertulis the Company. GCG-NR Committee shall also prepare a written
kepada Dewan Komisaris atas setiap penugasan yang diberikan, report to the Board of Commissioners on each assignment
pelaksanaan kegiatan Komite GCG-NR dan tingkat pencapaian given, implementation of the GCG-NR Committee activities
kinerjanya untuk diungkapkan dalam Laporan Tahunan and its performance achievement level, to be disclosed in the
Perusahaan. Company’s Annual Report.
Keanggotaan Komite GCG-NR Membership Structure of GCG-NR Committee

Anggota Komite GCG-NR ANTAM terdiri dari 2 (dua) orang Members of GCG-NR Committee of ANTAM consists of 2 (two)
anggota Dewan Komisaris yang salah satunya merupakan members of the Board of Commissioners, one of which is an
Komisaris Independen serta 2 (dua) orang anggota ahli yang Independent Commissioner and 2 (two) expert members who
bukan karyawan kunci di ANTAM. Ketua Komite GCG-NR are not key employees of ANTAM. The position of Chairman
dijabat oleh Komisaris Utama yang memenuhi syarat Komisaris of GCG-NR Committee is held by the President Commissioner
Independen sesuai kriteria ASX. Dengan demikian, mayoritas who is qualified as an Independent Commissioner according
Komite GCG-NR merupakan pihak independen. to the ASX criteria. Therefore, most members of the GCG-NR
Committee are independent parties.
Komposisi Komite GCG-NR telah mengacu pada Peraturan Composition of GCG-NR Committee has referred to the Financial
Otoritas Jasa Keuangan Nomor 34/POJK.04/2014 tentang Services Authority Regulation Number 34/POJK.04/2014
Komite Nominasi dan Remunerasi Emiten atau Perusahaan about the Nomination and Remuneration Committee of Public
Publik. Susunan keanggotaan GCG-NR ANTAM di tahun 2019 Company. The composition of the ANTAM GCG-NR Committee
ditunjukkan pada tabel berikut: in 2019 are as follows:

Agus Surya Bakti1 Ketua (Komisaris Utama) Diangkat sebagai Ketua Komite GCG-NR pada tanggal 26 Desember 2019 dan masa
Chairman (President jabatannya berlaku sampai dengan berakhirnya masa jabatan sebagai Dewan Komisaris
Commissioner) ANTAM atau ditetapkan lain melalui Keputusan Dewan Komisaris.
Appointed as Chairman of GCG-NR Committee on December 26, 2019 and his term of office
is valid until the end of his tenure as ANTAM’s Board of Commissioners or stipulated otherwise
by the Board of Commissioners Decree.
Dadan Kusdiana2 Wakil Ketua (Komisaris Diangkat sebagai Wakil Ketua Komite GCG-NR pada tanggal 2 Mei 2019 dan masa jabatannya
Independen) berlaku sampai dengan berakhirnya masa jabatan sebagai Dewan Komisaris ANTAM atau
Vice Chairman (Independent ditetapkan lain melalui Keputusan Dewan Komisaris.
Commissioner) Appointed as Vice Chairman of GCG-NR Committee on May 2, 2019 and his term of office is
valid until the end of his tenure as ANTAM’s Board of Commissioners or stipulated otherwise
by the Board of Commissioners' Decree.
Yunus Kusumahbrata Anggota (Pihak Independen) 1 Mei 2019-30 April 2020
Agustin Arry Yanna3 Anggota (Pihak Independen) 1 Juli 2019-30 Juni 2020
Member (Independent Party) July 1, 2019-June 30, 2020

Fachrul Razi4 Ketua (Komisaris Utama) 15 Oktober 2015-23 Oktober 2019
Chairman (President October 15, 2015-October 23, 2019
Commissioner)
Anang Sri Kusuwardono5 Wakil Ketua (Komisaris 16 Mei 2017-26 Maret 2019
Independen) May 16, 2017-March 26, 2019
Vice Chairman (Independent
Commissioner)
Nina Insania K. Permana6 Anggota (Pihak Independen) 1 Maret 2018-28 Februari 2019
Member (Independent Party) March 1, 2018-February 28,2019
1
Bergabung sebagai Dewan Komisaris pada tanggal 19 Desember 2019 Joined as the Board of Commissioners on December 19, 2019
2
Bergabung sebagai Dewan Komisaris pada tanggal 26 April 2019 Joined as the Board of Commissioners on April 26, 2019
3
Bergabung tanggal 1 Juli 2019 Joined on July 1, 2019
4
Berhenti sebagai Dewan Komisaris sejak tanggal 23 Oktober 2019 Ceased as the Board of Commissioners on October 23, 2019
5
Menjadi Ketua Komite Manajemen Risiko sejak tanggal 27 Maret 2019 Appointed as Chairman of Risk Management Committee on March 27, 2019
6
Berhenti tanggal 28 Februari 2019 Ceased on February 28, 2019
Profil Anggota Komite GCG-NR yang Bukan Komisaris

Profile of GCG-NR Committee Member Who are not the BOC
Dr. Ir. Yunus Kusumahbrata, M.Sc

Anggota Komite GCG-NR
Member of GCG-NR Committee
Citizenship
1. S1 Geologi, Universitas Padjadjaran (1981) 1. Bachelor Degree of Geology, University of Padjadjaran
Indonesia 2. Master of Science In Sedimentology, Universitas (1981)
Wollongong New South Wales Australia (1992) 2. Master of Science In Sedimentology, University of
3. Doktor dalam bidang Aplikasi Sedimentologi, Universitas Wollongong, New South Wales, Australia (1992)
Usia Wollongong New South Wales Australia (1995) 3. Doctorate in Sedimentology Applications, University of
Age Wollongong, New South Wales, Australia (1995)
63 tahun
per 31 Desember 2019 • Dasar Hukum Penunjukan • Legal Basis of Appointment
63 years old SK Dewan Komisaris Nomor 8/DK/SK/IV/2019 tentang BOC Decree Number 8/DK/SK/IV/2019 about Appointment
as of December 31, 2019 Pengangkatan Anggota Komite GCG-NR of the member of GCG-NR Committee
• Pengalaman Kerja • Working Experiences
1. Pejabat Fungsional di Badan Geologi, Kementerian 1. Functional Officer in the Geological Agency of the
Tempat & Tanggal Lahir Energi dan Sumber Daya Mineral (1982-2005) Ministry of Energy and Mineral Resources (1982-2005)
Place & Date of Birth 2. Kepala Bidang Informasi, Badan Geologi Kementerian 2. Head of Information in the Geological Agency of the
Energi dan Sumber Daya Mineral (2006-2007) Ministry of Energy and Mineral Resources (2006-2007)
Cianjur, 14 Desember 1956 3. Kepala Museum Geologi Bandung, Badan Geologi 3. Head of Museum Geology Bandung, the Geology
Cianjur, December 14, 1956 Kementerian Energi dan Sumber Daya Mineral Agency of the Ministry of Energy and Mineral Resources
(2007-2010) (2007-2010)
4. Sekretaris Badan Geologi (2010-2014) 4. Secretary of Geological Agency (2010-2014)
5. Staf Ahli Menteri Energi dan Sumber Daya Mineral 5. Expert Officer to Minister of Energy and Mineral
Bidang Lingkungan Hidup dan Tata Ruang Resources of Environment and Spatial Planning
(2014-2016) (2014-2016)
6. Ketua Tim Percepatan Pengembangan Destinasi 6. Head of Acceleration and Development of Indonesia
Geopark Indonesia Kementerian Pariwisata Geopark Destination of Ministry of Tourism
Tidak memiliki jabatan rangkap Does not have concurrent position
• Kunjungan Kerja ke PT Indonesia Chemical Alumina dan • Working Visit to PT Indonesia Chemical Alumina and
Proyek Smelter Grade Alumina Refinery (21-23 Januarii Smelter Grade Alumina Refinery Project (January 21-23,
2019) 2019)
• Kunjungan Kerja ke UBP Nikel Maluku Utara (29 Juni-1 • Working Visit to North Maluku Nickel Mining Business
Juli 2019) Unit (June 29-July 1, 2019)
Agustin Arry Yanna, S.S., M.A

Member of GCG-NR Committee

Citizenship
1. S1 Sastra Inggris, Universitas Sebelas Maret (1995) 1. Bachelor Degree of English Literature, University of Sebelas
Indonesia 2. Master of Human Resources Management, George Maret (1995)
Washington University (1999). 2. Master of Human Resources Management, George
Washington University (1999).
Usia Riwayat Jabatan History of Position
Age
• Dasar Hukum Penunjukan • Legal Basis of Appointment
49 tahun SK Dewan Komisaris Nomor 18/DK/SK/VII/2019 tentang BOC Decree Number 18/DK/SK/VII/2019 about Appointment
per 31 Desember 2019 Pengangkatan Anggota Komite GCG-NR of the member of GCG-NR Committee
49 years old • Pengalaman Kerja • Working Experiences
as of December 31, 2019 Berbagai posisi di Bappenas (1999-sekarang) dengan Various positions in Bappenas (1999-now) with the latest
jabatan terakhir sebagai Direktur Pemantauan, Evaluasi, dan position she has served as Director of Monitoring, Evaluation
Pengendalian Pembangunan Daerah and Control of Regional Development of Bappenas
Tempat & Tanggal Lahir • Jabatan Rangkap • Concurrent Position
Place & Date of Birth Tidak memiliki jabatan rangkap Does not have concurrent position
Surakarta, 12 Agustus 1970 Education or Training for Competency Development
Surakarta, August 12, 1970
Kunjungan Kerja ke UBP Bauksit Kalimantan Barat dan Working Visit to West Kalimantan Bauxite Mining Business
PT Indonesia Chemical Alumina (2-4 Agustus 2019) Unit and PT Indonesia Chemical Alumina (August 2-4,
2019)
Dr. Nina Insania K. Permana, S.Psi., M.M.

Member of GCG-NR Commiittee

Citizenship
1. S1 Psikologi, Universitas Padjadjaran (1987) 1. Bachelor Degree of Psychology, University of Padjadjaran
Indonesia 2. Magister Management, PPM Graduate School of (1987)
Management (1997) 2. Master of Management, PPM Graduate School of
3. Doktor dalam bidang Administrasi Bisnis (DBA), Universitas Management (1997)
Usia Padjadjaran (2009) 3. Doctorate in Business Administration (DBA), University of
Age Padjadjaran (2009)
56 tahun
per 31 Desember 2019 • Dasar Hukum Penunjukan • Legal Basis of Appointment
56 years old SK Dewan Komisaris Nomor 2/DK/SK/II/2018 tentang BOC Decree Number 2/DK/SK/II/2018 about Appointment of
as of December 31, 2019 Pengangkatan Anggota Komite GCG-NR. the member of GCG-NR Committee.
1. Director of Executive Development Program PPM 1. Director of Executive Development Program PPM School
Tempat & Tanggal Lahir Manajemen Jakarta (2009-2012) of Management Jakarta (2009-2012)
Place & Date of Birth 2. Executive Advisor of Human Capital Development IPC 2. Executive Advisor of Human Capital Development IPC
PT Pelabuhan Indonesia II (2012-2013) PT Pelabuhan Indonesia II (2012-2013)
Sukabumi, 3. Vice Chairman for Cooperation of the Management Board 3. Vice Chairman for Cooperation of the Management
3 Desember 1963 IICD (2012-sekarang) Board IICD (2012-now)
Sukabumi, 4. President Director of IPC Corporate University 4. President Director of IPC Corporate University
December 3, 1963 PT Pendidikan Maritim dan Logistik Indonesia PT Pendidikan Maritim and Logistik Indonesia
(2013-2017) (2013-2017)
5. Director of Assessment Center Kom Ferry|Hay Group 5. Director of Assessment Center Kom Ferry|Hay Group
(2017-sekarang) (2017-now)
- -
INDEPENDENSI KOMITE GCG-NR INDEPENDENCY OF GCG-NR COMMITTEE

Sebagai upaya untuk dapat menjaga independensi setiap To maintain the independency of each member of the Committee,
anggota Komite, setiap tahunnya masing-masing anggota annually each member of the Supporting Committee of the
Komite Penunjang Dewan Komisaris memberikan pernyataan Board of Commissioners shall provide independency statement.
independensi. Pernyataan independensi Komite GCG-NR The independency statement of GCG-NR Committee refers
disusun berdasarkan Peraturan Otoritas Jasa Keuangan to the FSA Regulation Number 34/POJK.04/2014 concerning
Nomor 34/POJK.04/2014 tentang Komite Nominasi dan Nomination and Remuneration Committee of Public Listed
Remunerasi Emiten atau Perusahaan Publik. Company.
Penyataan Independensi Agus Surya Dadan Yunus Agustin Arry Fachrul Anang Sri Nina Insania K.
Independency Statement Bakti1 Kusdiana2 Kusumahbrata Yanna3 Razi4 Kusuwardono5 Permana6
Tidak berasal dari pihak yang menduduki jabatan
manajerial di bawah Direksi yang membidangi
sumber daya manusia;
√ √ √ √ √ √ √
Do not come from the parties occupying
managerial positions under the Board of Directors
in charge of human resources.
Tidak mempunyai saham langsung maupun tidak
langsung di ANTAM; √ √ √ √ √ √ √
Keluarga tidak mempunyai saham langsung
maupun tidak langsung di ANTAM;
√ √ √ √ √ √ √
The family does not have a direct or indirect shares
in ANTAM;
Tidak mempunyai hubungan Afiliasi dengan
anggota Dewan Komisaris, anggota Direksi, atau
Pemegang Saham Utama ANTAM;
√ √ √ √ √ √ √
Not having affiliation with members of the Board
of Commissioners, members of the Board of
Directors, or major shareholders ANTAM;
Tidak mempunyai hubungan usaha baik langsung
maupun tidak langsung yang berkaitan dengan
kegiatan usaha ANTAM; √ √ √ √ √ √ √
Not having business relationship directly or
indirectly related to the business activities ANTAM;
Tidak merangkap jabatan sebagai anggota komite
lainnya di ANTAM;
√ √ √ √ √ √ √
No concurrent positions as other committee
members in ANTAM;
Tidak menjabat sebagai pengurus partai politik
dan/atau calon/anggota legislatif dan/atau
merupakan calon atau menjabat sebagai kepala/
wakil kepala pemerintahan daerah;
√ √ √ √ √ √ √
Not serve on the board of political parties and/
or candidates/members of legislative and/or a
candidate or as head/deputy head of regional
government;
Tidak memiliki jabatan lain yang dapat
menimbulkan benturan kepentingan terkait
√ √ √ √ √ √ √
Not having other position which may give rise
to conflicts of interests related to positions in
ANTAM.
1
Bergabung sebagai Ketua Komite GCG-NR pada tanggal 26 Desember 2019 Joined as Chairman of GCG-NR Committee on December 26, 2019
2
Bergabung sebagai Wakil Ketua Komite GCG-NR tanggal 2 Mei 2019 Joined as Vice Chairman of GCG-NR Committee on May 2, 2019
3
4
5
6
PEDOMAN KERJA KOMITE GCG-NR GCG-NR COMMITTEE CHARTER

Agar Komite GCG-NR dapat berperan secara efisien dan In order that the GCG-NR Committee performs efficiently and
efektif, maka disusun Pedoman Kerja Komite GCG-NR yang effectively, GCG-NR Committee Charter was developed and has
dimutakhirkan dan disahkan terakhir oleh Dewan Komisaris pada been updated and ratified by the BOC on July 29, 2016 and
tanggal 29 Juli 2016 serta telah dipublikasikan di situs ANTAM. has been published on ANTAM’s website. The Charter includes
Pedoman Kerja tersebut mencakup struktur keanggotaan, membership structure, membership qualification including their
keanggotaan, persyaratan keanggotaan termasuk persyaratan competency and independence requirement, duty, responsibility,
kompetensi dan independensi, tugas, tanggung jawab dan authority, as well as meeting, reporting and budgeting.
wewenang, rapat, pelaporan dan anggaran.
TUGAS DAN TANGGUNG JAWAB KOMITE GCG-NR DUTIES AND RESPONSIBILITIES OF GCG-NR
COMMITTEE
Tugas dan tanggung jawab Komite GCG-NR berpedoman pada The duties and responsibilities of the GCG-NR Committee are
Pedoman Kerja (Charter) Komite GCG-NR di antaranya adalah referring to the GCG-NR Committee Charter are as follows:
sebagai berikut: 1. Assessment of compliance with prevailing laws and
1. Penilaian kepatuhan terhadap peraturan perundang- regulations and recommend any changes deemed necessary;
undangan yang berlaku dan merekomendasikan perubahan 2. Implementation of GCG Principles & Code of Conduct:
yang dianggap perlu; a. Ensuring completeness, review, validity and
2. Penerapan Prinsip-prinsip GCG & Standar Etika Perusahaan: implementation of CGP, MP, Charter, CoC and SOP;
a. Memastikan kelengkapan, review, validitas dan b. Supervising and evaluating the implementation
penerapan dari CGP, MP, Charter, CoC dan SOP; and evaluation of GCG policies and follow-up GCG
b. Mengawasi dan melakukan evaluasi implementasi dan assessment;
evaluasi mengenai kebijakan GCG serta tindak lanjut c. Monitoring the implementation of ICT governance;
hasil asesmen; d. Monitoring publications (disclosure) related to the
c. Pemantauan pelaksanaan ICT Governance; implementation of GCG.
d. Pemantauan publikasi (disclosure) informasi terkait 3. Monitoring of evaluation, planning and implementation as
penerapan GCG. well as the risk of the application of systems, procedures and
3. Pemantauan atas penelaahan dan evaluasi, rencana dan policies of social and environmental management before the
implementasi serta risiko penerapan sistem, prosedur dan approval of the Board of Commissioners;
kebijakan pengelolaan sosial dan lingkungan sebelum 4. Monitoring Process of Nomination and Remuneration of the
mendapat persetujuan dari Dewan Komisaris; Board of Directors and the Board of Commissioners in the
4. Pengawasan Proses Nominasi dan Remunerasi Direksi management of Human Capital of the Company:
dan Dewan Komisaris dalam pengelolaan Human Capital a. Supervising the implementation of systems, policies
Perseroan: and procedures for selection and nomination as well
a. Melakukan pengawasan mengenai implementasi sistem, as evaluation process of the candidates for the Board
kebijakan dan prosedur proses pelaksanaan seleksi dan of Directors/the Board of Commissioners and senior
nominasi serta penilaian calon-calon Direksi/Dewan management under the Board of Directors especially
Komisaris dan pejabat satu tingkat di bawah Direksi Corporate Secretary and Internal Audit;
khususnya bidang Sekretaris Perusahaan dan Internal b. Monitoring and evaluation of the system of remuneration
Audit; and compensation, especially for the Board of Directors
b. Melakukan pengawasan dan evaluasi terhadap sistem and the Board of Commissioners running transparent,
remunerasi dan kompensasi khususnya bagi Direksi dan fair and competitive with mining industry market;
Dewan Komisaris berjalan transparan, adil dan bersaing c. Assist the Board of Commissioners to evaluate the
dengan pasar industri pertambangan; performance of the Board of Directors, work units and
c. Membantu Dewan Komisaris melakukan evaluasi kinerja individual levels, performance assessment of the Board
Direksi dan unit kerja hingga kinerja tingkat individual, of Commissioners and Supporting Committees to the
penilaian kinerja Dewan Komisaris dan Komite-komite Board of Commissioners;
penunjang Dewan Komisaris; d. Helping in providing research and evaluation related
d. Membantu memberikan kajian dan evaluasi terkait to the concept of Human Capital management and
dengan konsep pengelolaan Human Capital dan employee development refers to the regulation.
pengembangan karyawan yang baik sesuai regulasi.
RAPAT KOMITE GCG-NR MEETING OF GCG-NR COMMITTEE

Ketentuan mengenai Rapat Komite GCG-NR tercantum dalam The provisions on the GCG-NR Committee Meetings are stated
Charter Komite GCG-NR. Komite GCG-NR sekurang-kurangnya in the Charter of GCG-NR Committee. The GCG-NR Committee
mengadakan rapat 2 (dua) kali dalam satu bulan untuk shall hold at least 2 (two) meetings in a month, to complete the
menyelesaikan Program Kerja Komite GCG-NR yang terdiri dari GCG-NR Committee Work Program, comprise of Plenary Meeting
Rapat Pleno yang dihadiri oleh Ketua, Wakil Ketua serta anggota attended by the Chairman, Vice Chairman and members of the
Komite GCG-NR dan Rapat Khusus yang hanya dihadiri oleh GCG-NR Committee, and Special Meeting attended only by
Anggota Komite GCG-NR. Kedua jenis rapat tersebut dapat Member of the GCG-NR Committee. Both meetings may invite
mengundang divisi terkait dari manajemen ataupun pihak other relevant divisions from management or other parties as
terkait lainnya sesuai kebutuhan. needed.
Selama tahun 2019 telah dilaksanakan 24 (dua puluh empat) During 2019, GCG-NR Committee held 24 (twenty four)
kali rapat Komite GCG-NR yang terdiri dari 12 (dua belas) kali meetings comprised of 12 (twelve) plenary meetings and 12
rapat pleno dan 12 (dua belas) kali rapat khusus Komite. Adapun (twelve) special meetings. The attendance of each member of
kehadiran masing-masing anggota Komite GCG-NR dalam GCG-NR Committee in GCG-NR Committee Meetings during
Rapat Komite GCG-NR selama tahun 2019 sebagai berikut: 2019 as follows:
Nama Ketua Total Kewajiban Rapat Jumlah Kehadiran Kehadiran Rapat

No.
Name Chairman Total Compulsory Meeting Number of Attendance Meeting Attendance
Ketua
1. Agus Surya Bakti1 - - -
Chairman
Wakil Ketua
2. Dadan Kusdiana2 8 7 87,50%
Vice Chairman
Anggota
3. Yunus Kusumahbrata 24 24 100,00%
Member
Anggota
4. Agustin Arry Yanna3 12 11 91,67%
Member
Ketua
5. Fachrul Razi4 10 9 90,00%
Chairman
Wakil Ketua
6. Anang Sri Kusuwardono5 4 4 100,00%
Vice Chairman
Anggota
7. Nina Insania K. Permana6 8 8 100,00%
Member
Rata-Rata Average 94,86%
1
Bergabung sebagai Ketua Komite GCG-NR pada tanggal 26 Desember 2019 Joined as Chairman of GCG-NR Committee on December 26, 2019
2
Bergabung sebagai Wakil Ketua Komite GCG-NR tanggal 2 Mei 2019 Joined as Vice Chairman of GCG-NR Committee on May 2, 2019
3
4
5
6
AGENDA RAPAT KOMITE GCG-NR GCG-NR COMMITTEE MEETING AGENDA

Dengan total 12 (dua belas) kali rapat pleno dan 12 (dua belas) Within total 12 (twelve) plenary meetings and 12 (twelve)
kali rapat khusus Komite GCG-NR di Tahun 2019, terdapat 71 special meetings. of GCG-NR Committee in 2019, there were 71
(tujuh puluh satu) agenda Rapat. Terkait agenda pembahasan (seventy one) meeting agenda. Related to the Nomination and
khusus mengenai Nominasi dan Remunerasi Anggota Dewan Remuneration of the Board of Commissioners and the Board of
Komisaris dan Direksi, dilaksanakan dengan detail sebagai Directors were conducted as follows:
berikut:
1. Jumlah Agenda Rapat Komite GCG-NR terkait Nominasi 1. The Agenda of the GCG-NR Committee Meeting regarding
terdiri atas 12 (dua belas) Agenda yang dilaksanakan dalam Nominations consists of 12 (twelve) Agenda which
9 (sembilan) kali Rapat, yakni pada tanggal 31 Januari 2019, conducted in 9 (nine) meetings on January 31, 2019, March
18 Maret 2019, 15 April 2019, 17 Mei 2019, 17 Juni 2019, 18, 2019, April 15, 2019, May 17, 2019, June 17, 2019,
16 Juli 2019, 27 September 2019, 23 Oktober 2019, dan 17 July 16, 2019, September 27, 2019, October 23, 2019 and
Desember 2019; December 17, 2019;
2. Jumlah Agenda Rapat Komite GCG-NR terkait Remunerasi 2. The Agenda of the GCG-NR Committee Meeting regarding
terdiri atas 4 (empat) Agenda yang dilaksanakan dalam 4 Remunerations consists of 4 (four) Agenda which conducted
(empat) kali Rapat, yakni pada tanggal 31 Januari 2019, 25 in 4 (four) meetings on January 31, 2019, Februari 25, 2019,
Februari 2019, 15 April 2019, dan 16 Juli 2019. April 15, 2019 and July 16, 2019.
PENCAPAIAN KPI KOMITE GCG-NR KPI ACHIEVEMENT OF GCG-NR COMMITTEE

Pencapaian KPI Komite GCG-NR dilakukan dengan berpedoman Achievement of KPI the GCG-NR Committee is conducted
pada Keputusan Dewan Komisaris Nomor 16/DK/SK/VI/2013 by referring to the BOC Decree Number 16/DK/SK/VI/2013
tentang Tata Cara Penilaian Kinerja Komite Penunjang Dewan concerning the Procedures of Performance Appraisal of the
Komisaris. Penilaian Komite GCG-NR dilakukan melalui Board of Commissioners. The GCG-NR Committee’s Evaluation
mekanisme self-assessment dengan menggunakan metode Process is carried out through a self-assessment mechanism
evaluasi dalam suatu system yang ditetapkan dalam Keputusan using evaluation methods in a system stipulated in the Board
Dewan Komisaris. Hasil pencapaian KPI Komite GCG-NR di of Commissioners’ Decree. The achievements of KPI GCG-NR
tahun 2019 adalah sebagai berikut: Committee in 2019 are as follows:
Bobot Indikator
Bobot Indikator Pencapaian Nilai x Pencapaian Nilai
No. Key Performance Indicator Weight Indicator Score Achievement Weight Indicator
(%) (%) x Score Achievement
(%)
2. Penilaian Tingkat Kehadiran di Rapat 40 94,86 37,94
3. Penilaian Ketepatan Waktu Pemasukan Laporan 30 100,00 30,00
Assessment of on time Entry Reports
Pencapaian KPI Komite GCG-NR Tahun 2019 100 101,62
Achievement of KPI of GCG-NR Committee 2019
REMUNERASI KOMITE GCG-NR REMUNERATION OF GCG-NR COMMITTEE

Remunerasi Komite GCG-NR ditetapkan dengan mengacu The Remuneration of GCG-NR Committee is established
pada Peraturan Menteri BUMN Nomor PER-12/MBU/2012 refers to the Regulation of Minister of SOE Number PER-
tentang Organ Pendukung Dewan Komisaris/Dewan Pengawas 12/MBU/2012 concerning Supporting Organ of BOC/
Badan Usaha Milik Negara mengatur terkait penghasilan Supervisory Board of the State-Owned Enterprises that set the
anggota Komite yakni berupa honorarium maksimal sebesar honorarium of the members of Committee at maximum of
20% (dua puluh persen) dari gaji Direktur Utama Perusahaan 20% (twenty percent) of the salary of the President Director
dengan ketentuan pajak ditanggung Perusahaan dan tidak of the Company with the provisions of the tax paid by the
diperkenankan menerima penghasilan lain selain honorarium Company and not allowed to receive other income in addition
tersebut. Anggota Dewan Komisaris yang menjadi Ketua/ to the honorarium. Members of the Board of Commissioners
anggota Komite GCG-NR tidak diberikan penghasilan tambahan who acts as Chairman/member of the GCG-NR Committee
dari jabatan tersebut. was not granted an additional income from the position.
PELAKSANAAN TUGAS KOMITE GCG-NR IMPLEMENTATION OF GCG-NR COMMITTEE TASKS

Selama tahun 2019, Komite GCG-NR telah melaksanakan tugas During 2019, GCG-NR Committee has carried out its duties and
dan tanggung jawabnya sesuai Pedoman Kerja (Charter) Komite responsibilities in accordance with GCG-NR Committee Charter
GCG-NR serta Program Kerja Komite GCG-NR 2019. Realisasi and Work Program 2019. The realization of implementation of
pelaksanaan tugas Komite GCG-NR di tahun 2019 di antaranya: GCG-NR Committee’s duties in 2019 includes:
1. Penilaian kepatuhan terhadap Peraturan Perundang-undangan; 1. Assessment of compliance with the Laws and Regulations;
2. Monitoring dan evaluasi struktur remunerasi penggajian dan benefit 2. Monitoring and evaluation of remuneration structure of employee salary
karyawan sesuai dengan perkembangan bisnis dan pasar; and benefits in accordance with business and market;
3. Monitoring dan evaluasi rencana kerja dan rencana program pelaksanaan 3. Monitoring and evaluation of work plans and plans for implementing social
pengelolaan sosial; management programs;
4. Monitoring dan evaluasi terhadap sistem penilaian kinerja Direksi, kinerja 4. Monitoring and evaluation of the performance appraisal system of the
Unit Kerja (SMK), dan sistem penilaian kinerja tingkat individual (SMUK); Board of Directors, the performance of the Work Unit, and the individual
5. Evaluasi dan kajian pengembangan perangkat IT dan penerapan sistem ICT performance appraisal system;
yang terintegrasi dengan pengelolaan Human Capital dan CSR ANTAM dan 5. Evaluation and review of IT tools development and implementation of
Anak Perusahaan; integrated ICT system with Human Capital and CSR ANTAM and Subsidiary
6. Evaluasi dan improvement atas program sosialisasi GCG kepada Anak management;
Perusahaan; 6. Evaluation and improvement of GCG socialization program to Subsidiaries;
7. Monitoring dan evaluasi penerapan budaya organisasi, sistem penghargaan 7. Monitoring and evaluation of the implementation of organizational culture,
prestasi pegawai, perencanaan studi/training/seminar luar negeri dan employee achievement reward system, study planning/training/seminars
pengembangan model knowledge management; abroad and development of knowledge management model;
8. Kajian mengenai proses nominasi dan remunerasi dengan bidang 8. Reviewing of the nomination and remuneration process with the
ketenagakerjaan dan hubungan industrial lainnya; employment and other industrial relations sectors;
9. Monitoring dan evaluasi mekanisme kerja Divisi Legal & Compliance dalam 9. Monitoring and evaluation of working mechanisms of the Legal &
mengawasi keseluruhan aspek legal dan compliance di Perusahaan dan Compliance Division in overseeing all legal and compliance aspects of the
Anak Perusahaan untuk memantau permasalahan hukum yang telah terjadi Company and Subsidiaries to monitor legal issues that have occurred and
maupun berpotensi akan terjadi. potentially will occur.
KEBIJAKAN SUKSESI DIREKSI POLICY OF THE BOARD OF DIRECTORS SUCCESSION

Untuk menyiapkan pimpinan Perusahaan, khususnya anggota To prepare company leaders, especially members of the Board
Direksi yang profesional, berintegritas, berdedikasi dan of Directors who are professional, with integrity, dedicated
memiliki kompetensi dalam menjalankan kegiatan operasional and competent in carrying out the Company’s operational
Perusahaan, maka persyaratan pencalonan Direksi yang activities, the Board of Directors nomination requirements to
akan ditetapkan dalam RUPS mengacu pada Anggaran Dasar be determined in the GMOS refer to the Company’s Articles of
Perseroan, Peraturan Otoritas Jasa Keuangan (POJK) Nomor 33/ Association, Financial Services Authority Regulation Number 33/
POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau POJK. 04/2014 concerning the Board of Directors and the Board
Perusahaan Publik dan Peraturan Perundang-undangan lainnya. of Commissioners of Issuers or Public Companies and other
Sebagaimana tercantum dalam POJK Nomor 33/POJK.04/2014, Legislation. As stated in FSA Number 33/POJK.04/2014, the
usulan pengangkatan, pemberhentian, dan/atau penggantian proposal for the appointment, dismissal, and/or replacement of
anggota Direksi kepada RUPS harus memperhatikan rekomendasi members of the Board of Directors to the GMOS must consider
dari Dewan Komisaris atau Komite yang menjalankan fungsi the recommendations of the Board of Commissioners or the
nominasi. Dalam hal ini ANTAM memiliki Komite GGG, Nominasi Committee that carries out the nomination function. In this case
& Remunerasi (Komite GCG-NR) yang memiliki peran dalam ANTAM has a GGG, Nomination & Remuneration Committee
proses pencalonan Anggota Direksi Perseroan. (GCG-NR Committee) which has a role in the nomination
process of the Company’s Board of Directors.
Selain itu, sebagaimana tercantum dalam Anggaran Dasar In addition, as stated in the Company’s Articles of Association
Perseroan Pasal 5 Ayat 4 huruf c.2, Pemegang Saham Seri A Article 5 Paragraph 4 letter c.2, the Series A Dwiwarna
Dwiwarna mempunyai hak istimewa untuk mengusulkan Shareholders have the privilege to propose candidates for the
calon Anggota Direksi dan calon Anggota Dewan Komisaris. Board of Directors and prospective members of the Board of
Pada Pasal 5 ayat 4 huruf e mengatur tentang pelaksanaan Commissioners. In Article 5 paragraph 4 letter e regulates the
terhadap hak istimewa Pemegang Saham Seri A Dwiwarna implementation of the privileges of the Series A Dwiwarna
dapat dikuasakan kepada pemegang saham Seri B terbanyak Shareholders can be authorized to the majority of the Company’s
Perseroan. Berdasarkan Surat Kuasa Khusus Pemegang Saham Series B shareholders. Based on the Special Power of Attorney
Seri A Dwiwarna kepada PT Indonesia Asahan Aluminium of Series A Dwiwarna Shareholders to PT Indonesia Asahan
(Persero) Nomor SKK-14/MBU/5/2018 tanggal 31 Mei 2018, Aluminium (Persero) Number SKK-14/MBU/5/2018 dated May
Pemegang Saham Seri A Dwiwarna memberikan kuasa kepada 31, 2018, Shareholders of Series A Dwiwarna give authority
PT Indonesia Asahan Aluminium (Persero) selaku pemegang to PT Indonesia Asahan Aluminium (Persero) as majority of the
saham Seri B terbanyak Perseroan untuk mengusulkan calon Company’s Series B shareholders to propose candidates for the
anggota Direksi dan calon anggota Dewan Komisaris Perseroan. Board of Directors and prospective members of the Company’s
Board of Commissioners.
Sebagaimana diatur lebih lanjut dalam peraturan internal As further stipulated in internal regulations of PT Indonesia
PT Indonesia Asahan Aluminium (Persero), sumber bakal calon Asahan Aluminium (Persero), the source of prospective Directors
Direksi yang diusulkan oleh PT Indonesia Asahan Aluminium proposed by PT Indonesia Asahan Aluminium (Persero) in the
(Persero) dalam RUPS, berasal dari: GMOS, comes from:
1. Anggota Direksi Perusahaan Anggota Holding, Anak 1. Member of the Board of Directors of a Holding Member
Perusahaan Anggota Holding dan/atau Anak Perusahaan Company, Subsidiary Holding Member Companies and/or
Holding; Subsidiaries Holding;
2. Pejabat internal Perusahaan Anggota Holding, Anak 2. Internal Officers of Holding Member Companies, Holding
Perusahaan Anggota Holding dan/atau Anak Perusahaan Member Subsidiaries and/or Holding Subsidiaries at least
Holding minimal dua tingkat di bawah Direksi; two levels below the Board of Directors;
3. Sumber lain yang memiliki reputasi baik, relevan dan dapat 3. Other sources that are reputable, relevant and able
dipertanggungjawabkan. accounted for.
Dalam proses pengusulan calon anggota Direksi dan calon In the process of proposing candidates for the Board of
anggota Dewan Komisaris Perseroan yang berasal dari Internal Directors and prospective members of the Company’s Board
ANTAM, PT Indonesia Asahan Aluminium (Persero) melibatkan of Commissioners from Internal ANTAM, PT Indonesia
Komite GCG-NR Perseroan dalam proses Fit and Proper Test Asahan Aluminium (Persero) involved the Company’s GCG-NR
dengan sumber calon merupakan pegawai 1 (satu) level di Committee in the Fit and Proper Test process with prospective
bawah Direksi yang telah memenuhi kualifikasi setelah mengikuti sources which are qualified employees 1 (one) level under the
asesmen yang dilakukan oleh Lembaga Independen. Pada tahun Board of Directors after participating in assessments conducted
2019 asesmen dilakukan oleh PT Daya Dimensi Indonesia. by Independent Institutions. In 2019 the assessment was carried
Selanjutnya, seluruh bakal calon baik yang berasal dari internal out by PT Daya Dimensi Indonesia. Furthermore, all prospective
Perseroan maupun dari luar Perseroan, akan dievaluasi oleh candidates from both the internal Company and outside the
PT Indonesia Asahan Aluminium (Persero) untuk selanjutnya Company will be evaluated by PT Indonesia Asahan Aluminium
disampaikan kepada Kementerian Badan Usaha Milik Negara (Persero) for further submission to the Ministry of SOE before
sebelum diusulkan dalam RUPS. being proposed at the GMOS.
Komite Manajemen Risiko

Risk Management Committee
Komite Manajemen Risiko ANTAM dibentuk untuk membantu ANTAM’s Risk Management Committee was established to
tugas Dewan Komisaris dalam upaya melakukan identifikasi, assist the Board of Commissioners in identifying, mapping,
pemetaan, analisis, dan mitigasi risiko atas seluruh proses bisnis analyzing, and mitigating the risks of ANTAM’s entire business
ANTAM yang ditujukan untuk mencegah dan meminimalisasi processes to prevent and minimize risks. Also, the Risk
risiko. Selain itu, Komite Manajemen Risiko membuat laporan Management Committee shall prepare a written report on each
secara tertulis atas setiap penugasan yang diberikan oleh Dewan assignment given by the Board of Commissioners. Report on
Komisaris. Laporan pelaksanaan kegiatan Komite Manajemen the implementation of the activities of the Risk Management
Risiko dan tingkat pencapaian kinerjanya untuk diungkapkan Committee and the achievement level of its performance to be
dalam Laporan Tahunan Perusahaan. disclosed in the Company’s Annual Report.
Keanggotaan Komite Manajemen Risiko Membership Structure of Risk Management

Committee
Anggota Komite Manajemen Risiko ANTAM terdiri dari 2 (dua) ANTAM’s Risk Management Committee members consist of
orang anggota Dewan Komisaris dan 2 (dua) orang anggota ahli 2 (two) members of the Board of Commissioners and 2 (two)
yang bukan karyawan kunci di ANTAM dalam 6 (enam) bulan expertise members who are not ANTAM key employees within
terakhir. Komposisi Komite Manajemen Risiko pada tahun 2019 the last 6 (six) months. The composition of Risk Management
ditunjukkan pada tabel berikut: Committee in 2019 is shown in the following table:

Anang Sri Kusuwardono1 Ketua (Komisaris) Diangkat sebagai Ketua Komite Manajemen Risiko pada tanggal 2 Mei 2019 dan masa
Chairman (Commissioner) jabatannya berlaku sampai dengan berakhirnya masa jabatan sebagai Dewan Komisaris ANTAM
atau ditetapkan lain melalui Keputusan Dewan Komisaris.
Appointed as Chairman of Risk Management Committee on May 2, 2019 and his term of office
is valid until the end of his tenure as ANTAM’s Board of Commissioners or stipulated otherwise
by the Board of Commissioners Decree.
Arif Baharudin2 Wakil Ketua (Komisaris) Diangkat sebagai Wakil Ketua Komite Manajemen Risiko pada tanggal 2 Mei 2019 dan masa
Vice Chairman (Commissioner) jabatannya berlaku sampai dengan berakhirnya masa jabatan sebagai Dewan Komisaris ANTAM
atau ditetapkan lain melalui Keputusan Dewan Komisaris.
Appointed as Vice Chairman of Risk Management Committee on May 2, 2019 and his term
of office is valid until the end of his tenure as ANTAM’s Board of Commissioners or stipulated
otherwise by the Board of Commissioners Decree.
Adi Djoko Guritno Anggota (Pihak Independen) 1 Mei 2019-30 April 2020
Benjamin Hassan Anggota (Pihak Independen) 1 Mei 2019-30 April 2020
Robert A. Simanjuntak3 Ketua (Komisaris) 15 Oktober 2015-26 Maret 2019
Chairman (Commissioner) October 15, 2015-March 26, 2019
1
Sebelumnya menjadi Wakil Ketua Komite GCG-NR hingga 2 Mei 2019 Previously acted as Vice Chairman of GCG-NR Committee until May 2, 2019
2
Bergabung sebagai Dewan Komisaris pada tanggal 26 April 2019 Joined as the Board of Commissioners on April 26, 2019
3
Habis masa jabatan sebagai Dewan Komisaris sejak 26 Maret 2019 Expired term of office as the Board of Commissioners since March 26, 2019
Profil Anggota Komite Manajemen Risiko yang Bukan Komisaris

Profile of Risk Management Committee Member Who are not the BOC
Ir. Adi Djoko Guritno, MSIE, Ph.D

Anggota Komite Manajemen Risiko
Member of Risk Management Committee

Citizenship 1. Sarjana Teknologi Pertanian, Universitas Gadjah Mada 1. Bachelor of Agricultural Technology of Gadjah Mada University,
Yogyakarta (1982) Yogyakarta (1982)
Indonesia 2. Master dalam Teknik Industri, Institut Teknologi Bandung (1991) 2. Master of Industrial Engineering, Bandung Institute of
Technology (1991)
3. Doktor dalam Ekonomi Pertanian, United Graduate School of 3. Ph.D in Agricultural Economy and Agribusiness, Ehime
Usia Agricultural Science, Ehime University Jepang (2000) University Japan (2000)
Age Riwayat Jabatan History of Position
56 tahun SK Dewan Komisaris Nomor 6/DK/SK/IV/2019 tentang BOC Decree Number 6/DK/SK/IV/2019 about Appointment of
per 31 Desember 2019 Pengangkatan Anggota Komite Manajemen Risiko Risk Management Committee
56 years old • Pengalaman Kerja • Working Experiences
as of December 31, 2019 1. Anggota Komite Audit di PT Timah (Persero) Tbk 1. Member of Audit Committee at PT Timah (Persero) Tbk (2001-
(2001-2007) 2007)
2. Anggota Komite Audit PT PLN (Persero) 2. Member of Audit Committee at PT PLN (Persero)
Tempat & Tanggal Lahir (2009-2011) (2009-2011)
Place & Date of Birth 3. Ketua Komite Manajemen Risiko dan Investasi 3. Chairman of Risk and Investment Management Committee of
di PT Timah (Persero) Tbk (2007-2012) PT Timah (Persero) Tbk (2007-2012)
4. Subject Matters Expert (SME) PT Telkom Indonesia (Persero) Tbk 4. Subject Matters Expert (SME) of PT PT Telkom Indonesia
Madiun, 12 November 1963
(2012) (Persero) Tbk (2012)
Madiun, November 12, 1963
5. Ketua Jurusan Teknologi Industri Pertanian, Fakultas Teknologi 5. Head of Agriculture Industrial Technology, Faculty of Agricultural
Pertanian, Universitas Gadjah Mada (2011-sekarang) Technology, Gadjah Mada University (2011-now)
2019) (June 29-July 1, 2019)
• Kunjungan Kerja ke UBP Bauksit Kalimantan Barat dan PT • Working Visit to West Kalimantan Bauxite Mining Business Unit
Indonesia Chemical Alumina (2-4 Agustus 2019) and PT Indonesia Chemical Alumina (August 2-4, 2019)
Benjamin Hassan, B.Ec

Anggota Komite Manajemen Risiko
Member of Risk Management Committee

Citizenship 1. Sarjana Ekonomi, University of Sydney, Australia (1986) 1. Bachelor Economics, University of Sydney, Australia (1986)
2. MBA Distance Learning Program di Herriot-Watt University, 2. MBA Distance Learning Program at Herriot-Watt University,
Indonesia Skotlandia (1996) [Sertifikat Keuangan dan Metode Kuantitatif] Scotland (1966) [Certificates in Finance and Quantitative Methods]

SK Dewan Komisaris Nomor 7/DK/SK/IV/2019 tentang BOC Decree Number 7/DK/SK/IV/2019 about Appointment of the
Age
Pengangkatan Anggota Komite Manajemen Risiko member of Risk Management Committee
62 tahun 1. Staf Sekretariat Dewan Komisaris 1. Board of Commissioners Secretariat Staff (September 2013-
per 31 Desember 2019 (September 2013-Mei 2014) May 2014)
62 years old 2. Konsultan Keuangan dan Manajemen di PT IMG Kapital dan PT 2. Financial and Management Consultants at PT IMG Kapital and
as of December 31, 2019 IMG Sejahtera (Februari 2011- sekarang) PT IMG Sejahtera (February 2011-Present)
3. Direktur Keuangan dan Operasi Badan Tim Nasional PSSI (Mei- 3. Director of Finance and Operations of the PSSI National Team
Desember 2020) (May-December 2010)
Tempat & Tanggal Lahir 4. Kepala Keuangan dan Administrasi di Barwil Agencies 4. Head of Finance and Administration at Barwil Agencies
Place & Date of Birth Indonesia (Oktober 1999-Desember 2002) Indonesia (October 1999-December 2002)
Jakarta, 24 Desember 1957 Tidak memiliki jabatan rangkap Does not have concurrent position
Jakarta, December 24, 1957 Pendidikan atau Pelatihan untuk Meningkatkan Kompetensi
• Kunjungan Kerja ke PT Indonesia Chemical Alumina dan Proyek • Working Visit to PT Indonesia Chemical Alumina and Smelter
Smelter Grade Alumina Refinery (21-23 Januari 2019) Grade Alumina Refinery Project (January 21-23, 2019)
2019) (June 29-July 1, 2019)
Independensi Komite Manajemen Risiko Independency of Risk Management Committee

Dalam upaya untuk dapat menjaga independensi setiap anggota In order to maintain the independency of each member of the
Komite, setiap tahun masing-masing anggota Komite Penunjang Committee, annually each member of the Supporting Committee
Dewan Komisaris memberikan pernyataan independensi. of the Board of Commissioners provides independency
statement.
Penyataan Independensi Anang Sri Arif Adi Djoko Benjamin Robert A.
Independency Statement Kusuwardono1 Baharudin2 Guritno Hassan Simanjuntak3
Tidak mempunyai saham langsung maupun tidak langsung di ANTAM;
√ √ √ √ √
Keluarga tidak mempunyai saham langsung maupun tidak langsung di ANTAM;
√ √ √ √ √
The family does not have a direct or indirect shares in ANTAM;
Tidak mempunyai hubungan Afiliasi dengan anggota Dewan Komisaris, anggota Direksi,
atau Pemegang Saham Utama ANTAM;
√ √ √ √ √
Not having affiliation with member of the Board of Commissioners, members of the Board
of Directors, or major shareholders ANTAM;
Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung yang berkaitan
dengan kegiatan usaha ANTAM;
√ √ √ √ √
Not having business relationship directly or indirectly related to the business activities
ANTAM;
Tidak merangkap jabatan sebagai anggota komite lainnya di ANTAM;
√ √ √ √ √
No concurrent positions as other committee members in ANTAM;
Tidak menjabat sebagai pengurus partai politik dan/atau calon/anggota legislatif dan/atau
merupakan calon atau menjabat sebagai kepala/wakil kepala pemerintahan daerah;
√ √ √ √ √
Not serve on the board of political parties and/or candidates/members of legislative and/or
a candidate or as head/deputy head of regional government;
Tidak memiliki jabatan lain yang dapat menimbulkan benturan kepentingan terkait
√ √ √ √ √
Not having other position which may give rise to conflicts of interests related to positions
in ANTAM.
1
2
Bergabung sebagai Wakil Ketua Komite Manajemen Risiko pada tanggal 2 Mei 2019 Joined as Vice Chairman of Risk Management Committee on May 2, 2019
3
Pedoman Kerja Komite Manajemen Risiko Risk Management Committee Charter

Agar Komite Manajemen Risiko dapat berperan secara efisien In order that the Risk Management Committee performs
dan efektif, maka disusun Pedoman Kerja Komite Manajemen efficiently and effectively, Risk Management Committee Charter
Risiko yang dimutakhirkan dan disahkan terakhir oleh Dewan was developed and has been updated and ratified by the BOC
Komisaris pada tanggal 29 Juli 2016 serta telah dipublikasikan on July 29, 2016 and has been published on ANTAM’s website.
di situs ANTAM. Pedoman Kerja tersebut mencakup struktur The Charter includes membership structure, membership
keanggotaan, persyaratan keanggotaan termasuk persyaratan qualification including their competency and independency
kompetensi dan independensi, tugas, tanggung jawab dan requirement, duty, responsibility, authority, as well as meeting,
wewenang, serta rapat, pelaporan dan anggaran. reporting and budgeting.
Tugas dan Tanggung Jawab Komite Manajemen Duties and Responsibilities of Risk Management
Risiko Committee
Tugas dan Tanggung Jawab Komite Manajemen Risiko The duties and responsibilities of the Risk Management
berpedoman pada Pedoman Kerja Komite Manajemen Risiko, Committee are referring to the Risk Management Committee
di antaranya adalah: Charter, which include:
1. Review dan memberikan rekomendasi atas efektivitas 1. Conducting reviews and providing recommendations on the
pelaksanaan manajemen risiko Perusahaan dan atas rencana effectiveness of the Company’s risk management and on the
investasi Perusahaan yang material yang dilakukan oleh Company’s investment plan which material carried out by
Divisi Manajemen Risiko; the Risk Management Division;
2. Pengawasan atas kegiatan dan pelaksanaan rekomendasi 2. Supervising over the activities and the implementation of
Komite Manajemen Risiko oleh Divisi Manajemen Risiko the Risk Management Committee by the Risk Management
dalam memantau pelaksanaan mitigasi risiko oleh unit-unit Division in monitoring the implementation of risk mitigation
kerja terkait; by related work units;
3. Analisis dan evaluasi atas RKAP dan review tahunan atas 3. Performing Analysis and evaluation of the Company Work
RJPP yang diajukan oleh Direksi, termasuk usulan setoran Plan and Budget and annual review of Long Term Corporate
modal dan rencana investasi di Anak Perusahaan; Planning which submitted by the Board of Directors, including
4. Penelaahan melalui diskusi bersama manajemen atas the proposed capital participation and investment plans in
informasi risiko dan manajemen risiko Perusahaan yang Subsidiaries;
akan dipublikasikan; 4. Conducting a review through discussions with management
5. Pembahasan atas risiko-risiko penting Perusahaan, of the Company’s for risk information and risk management
termasuk risiko pada perjanjian dengan pihak ketiga yang that will be published;
dalam lingkup kewenangan pengawasan Dewan Komisaris; 5. Discussing the Company’s significant risks, including risks
6. Memberikan masukan tentang kriteria dan kompetensi on agreements with third party within the scope of the
kepada Direksi serta melakukan monitoring pekerjaan supervisory authority of the Board of Commissioners;
apabila Direksi menganggap perlu untuk menunjuk 6. Providing input on criteria and competencies to the Board
Konsultan Independen untuk menelaah proses Manajemen of Directors and monitoring the work of an Independent
Risiko Perusahaan. Consultant if the Board of Directors considers it is necessary
to appoint an Independent Consultant to review the
Company’s Risk Management process.
Rapat Komite Manajemen Risiko Meeting of Risk Management Committee

Rapat Komite Manajemen Risiko tercantum dalam Charter Risk Management Committee meetings rules are stated in Risk
Manajemen Risiko. Komite Manajemen Risiko sekurang- Management Charter. Risk Management Committee Meeting is
kurangnya mengadakan rapat 2 (dua) kali dalam satu bulan, hold at least 2 (two) times in a month which consists of a Plenary
yang terdiri dari Rapat Pleno yang dihadiri oleh Ketua, Wakil Meeting attended by the Chairman, Vice Chairman and member
Ketua serta anggota Komite Manajemen Risiko dan Rapat of the Risk Management Committee and Special Meeting
Khusus yang hanya dihadiri oleh Anggota Komite Manajemen attended only by members of Risk Management Committee. Both
Risiko. Kedua jenis rapat tersebut dapat mengundang Divisi dari meetings may invite relevant division from the management or
manajemen ataupun pihak terkait lainnya sesuai kebutuhan. other related parties as needed.
Selama tahun 2019 telah dilaksanakan 31 (tiga puluh satu) kali During 2019, Risk Management Committee held 31 (thirty one)
rapat Komite Manajemen Risiko yang terdiri dari 19 (sembilan meetings which comprising 19 (nineteen) special meetings and
belas) kali rapat khusus dan 12 (dua belas) kali rapat umum 12 (twelve) plenary meetings. The attendance of each member of
(pleno) Komite. Adapun kehadiran masing-masing anggota Risk Management Committee in Risk Management Committee
Komite Manajemen Risiko dalam Rapat Komite Manajemen Meeting 2019 as follows:
Risiko selama tahun 2019 sebagai berikut:
Nama Jabatan Total Kewajiban Rapat Jumlah Kehadiran Kehadiran Rapat

No.
Name Position Total Compulsary Meeting Number of Attendance Meeting Attendance
Ketua
1. Anang Sri Kusuwardono1 9 10 111,11%
Chairman
Wakil Ketua
2. Arif Baharudin2 8 8 100,00%
Vice Chairman
Anggota
3. Adi Djoko Guritno 24 29 120,83%
Member
Anggota
4. Benjamin Hassan 24 30 125,00%
Member
Anggota
5. Robert A. Simanjuntak3 3 3 100,00%
Member
Rata-Rata Kehadiran Rapat
111,39%
Average of Attendance Meeting
1
2
Bergabung sebagai Wakil Ketua Komite Manajemen Risiko pada tanggal 2 Mei 2019 Joined as Vice Chairman of Risk Management Committee on May 2, 2019
3
Pencapaian KPI Komite Manajemen Risiko KPI Achievement of Risk Management Committee
Dalam menjalankan tugas dan tanggung jawab, Komite In carrying out its duties and responsibilities, the Risk
Manajemen Risiko berpedoman pada Pedoman Kerja (Charter) Management Committee refers to Risk Management Committee
Komite Manajemen Risiko yang kemudian dijabarkan lebih detail Charter which is described in detail under the Work Programme
dalam Program Kerja Komite Manajemen Risiko untuk tahun of Risk Management Committee 2019. The Risk Management
2019. Penilaian Komite Manajemen Risiko dilakukan melalui Committee’s Evaluation Process is carried out through a
mekanisme self-assessment dengan menggunakan metode self-assessment mechanism using evaluation methods in a
evaluasi dalam suatu sistem yang ditetapkan dalam Keputusan system stipulated in the Board of Commissioners’ Decree. KPI
Dewan Komisaris. Pencapaian KPI Komite Manajemen Risiko di achievement of the Risk Management Committee in 2019 are
tahun 2019 sebagai berikut: as follows:
Bobot Indikator Pencapaian Nilai Bobot Indikator x Pencapaian Nilai

No. Key Performance Indicator Weight Indicator Score Achievement Weight Indicator x Score Achievement
(%) (%) (%)

2. Penilaian Tingkat Kehadiran di Rapat
40 111,39 44,55
3. Penilaian Ketepatan Waktu Pemasukan Laporan
30 100,00 30,00
Assessment of on time Entry Reports
Total KPI Komite Manajemen Risiko Tahun 2019
100 109,50
Total KPI of Risk Management Committee 2019
Remunerasi Komite Manajemen Risiko Remuneration of Risk Management Committee

Penentuan jumlah remunerasi Komite Manajemen Risiko The Remuneration of Risk Management Committee is established
ditetapkan dengan mengacu pada Peraturan Menteri BUMN refers to the Regulation of Minister of SOE Number PER-12/
Nomor PER-12/MBU/2012 tentang Organ Pendukung Dewan MBU/2012 concerning Supporting Organ of BOC/Supervisory
Komisaris/Dewan Pengawas Badan Usaha Milik Negara yang Board of the State-Owned Enterprises that set the honorarium
mengatur bahwa penghasilan anggota Komite, yakni berupa of the members of Committee at maximum of 20% (twenty
honorarium maksimal sebesar 20% (dua puluh persen) dari gaji percent) of the salary of the President Director of the Company
Direktur Utama Perusahaan dengan ketentuan pajak ditanggung with the provisions of the tax paid by the Company and not
Perusahaan dan tidak diperkenankan menerima penghasilan allowed to receive other income in addition to the honorarium.
lain selain honorarium tersebut. Anggota Dewan Komisaris Members of the Board of Commissioners who acts as Chairman/
yang menjadi Ketua/anggota Komite Manajemen Risiko tidak member of the Risk Management Committee was not granted
diberikan penghasilan tambahan dari jabatan tersebut. the additional income from the position.
Pelaksanaan Tugas Komite Manajemen Risiko Implementation of Risk Management Committee

Task
Selama tahun 2019, Komite Manajemen Risiko telah During 2019, the Risk Management Committee had carried out its
melaksanakan tugas dan tanggung jawabnya sesuai Pedoman duties and responsibilities in accordance with Risk Management
Kerja Komite Manajemen Risiko serta Program Kerja Komite Committee Charter and Risk Management Committee Work
Manajemen Risiko 2019. Adapun realisasi pelaksanaan tugas Program 2019. The realization of the implementation of the
Komite Manajemen Risiko di tahun 2019 di antaranya: tasks of Risk Management Committee in 2019 were:
1. Analisis terhadap risiko keuangan ANTAM, fokus pada mitigasi risiko 1. Analysis of ANTAM's financial risks, focusing on mitigating liquidity risk;
likuiditas; 2. Monitoring the implementation of control of the Key Risk Indicator source in
2. Pemantauan atas pelaksanaan pengendalian sumber Key Risk Indicator the Corporate Work and Budget Plan (RKAP);
dalam RKAP; 3. Analysis and evaluation of the application of Risk Based Budgeting in the
3. Analisis dan evaluasi atas penerapan Risk Based Budgeting dalam usulan proposed Corporate Work and Budget Plan (RKAP);
Rencana Kegiatan dan Anggaran Perusahaan (RKAP) 4. Review of the Long Term Corporate Planning (RJPP);
4. Kajian atas Rencana Jangka Panjang Perusahaan (RJPP); 5. Analysis of production capacity and monitoring of the sustainability of mine
5. Analisis kapasitas produksi dan pemantauan kesinambungan cadangan reserves.
tambang.
Sekretaris Perusahaan
Corporate Secretary
Sebagai sebuah Perusahaan Terbuka, ANTAM wajib memiliki As a listed company, ANTAM shall have a Corporate Secretary that
Sekretaris Perusahaan yang berfungsi sebagai penghubung serves as a liaison between Company and the Shareholders as
antara Perusahaan dengan Pemegang Saham serta Pemangku well as other Stakeholders to ensure the Company’s compliance
Kepentingan lainnya untuk memastikan kepatuhan Perusahaan with the capital market regulations and fulfilment of its duties
terhadap peraturan perundang-undangan di bidang Pasar and responsibilities as stated in Financial Services Authority
Modal serta tugas dan tanggung jawab lainnya sebagaimana Regulation Number 35/POJK.04/2014 concerning of Corporate
tercantum dalam Peraturan Otoritas Jasa Keuangan Nomor Secretary on Public Company. In addition to regulate the duties
35/POJK.04/2014 tentang Sekretaris Perusahaan Emiten atau and responsibilities of Corporate Secretary, the regulation also
Perusahaan Publik. Selain mengatur tentang tugas dan tanggung include the requirements and competencies that the Corporate
jawab Sekretaris Perusahaan, dalam peraturan tersebut juga Secretary must have.
mencantumkan tentang persyaratan dan kompetensi yang
harus dimiliki oleh Sekretaris Perusahaan.
Sekretaris Perusahaan bertanggung jawab langsung kepada Corporate Secretary is directly responsible to the Board of
Direksi serta diangkat dan diberhentikan berdasarkan Keputusan Directors and appointed and dismissed based on the Decree
Direksi dengan mekanisme internal Perusahaan dengan of the Board of Directors in accordance with the Company’s
persetujuan Dewan Komisaris. internal mechanism and subject to the Board of Commissioners
approval.
Struktur Organisasi Sekretaris Perusahaan Organizational Structure of Corporate Secretary

Berdasarkan Keputusan Direksi Nomor 2239.K/0251/DAT/2019 Based on the Decree of the Board of Directors Number
tanggal 29 November 2019 tentang Susunan Organisasi Kantor 2239.K/0251/DAT/2019 dated November 29, 2019 concerning
Pusat ANTAM, Divisi Corporate Secretary berada di bawah Organizational Structure of ANTAM, the Corporate Secretary
Direktur Utama dengan struktur sebagai berikut: Division is below the President Director with the following
structure:
Direktur Utama
President Director
Senior Vice President

Corporate Secretary
Secretariat
Assistant Manager
Public Relations Institutional Relation Good Corporate Governance Investor Relation

Manager Manager Implementation Manager Manager
Profil Sekretaris Perusahaan

Profile of Corporate Secretary
Kunto Hendrapawoko, S.E., Ak, CA, QIA

Senior Vice President Corporate Secretary

Citizenship
1. S1 Akuntansi, Universitas Gadjah Mada/UGM (2003) 1. Bachelor Degree of Accounting, UGM (2003)
Indonesia 2. Sedang menempuh pendidikan Pasca Sarjana S2 Strategic 2. Currently studying in Master of Strategic Management,
Management, Universitas Prasetiya Mulya (2019-sekarang) Prasetiya Mulya University (2019-now)
3. Register Negara Akuntan No. D-35903, Departemen 3. State Accountant Register No. D-35903, Ministry of
Usia Keuangan Republik Indonesia (2003) Finance of the Republic of Indonesia (2003)
Age 4. Chartered Accountant, Ikatan Akuntan Indonesia (2017) 4. Chartered Accountant Indonesian Institute of Accountants (2017)
5. Qualified Internal Auditor (QIA) Yayasan Pendidikan Internal 5. Qualified Internal Auditor (QIA) Yayasan Pendidikan
39 tahun Auditor (2009) Internal Auditor (2009)
per 31 Desember 2019 Riwayat Jabatan History of Position
39 years old
as of December 31, 2019 • Dasar Hukum Penunjukan • Legal Basis of Appointment
Surat Keputusan Direksi Nomor 637.K/7333/DAT/2019 Decree of the Board of Directors Number 637.K/7333/
• Pengalaman Kerja DAT/2019
Tempat & Tanggal Lahir 1. Senior Vice President Corporate Finance (2017-2019) • Working Experiences
Place & Date of Birth 2. Vice President Accounting, Tax and Budgeting 1. Senior Vice President Corporate Finance (2017-2019)
(2015-2017) 2. Vice President Accounting, Tax & Budgeting (2015-2017)
Semarang, 20 Februari 1980 3. Manager Internal Audit Quality Assurance & System 3. Internal Audit Quality Assurance & System Development
Semarang, February 20, Development (2013-2015) Manager (2013-2015)
1980 4. Manager Accounting PT FENI HALTIM (Anak Perusahaan) 4. Accounting Manager PT FENI HALTIM (ANTAM’s
(2011-2013) Subsidiary) (2011-2013)
Domisili • Jabatan Rangkap • Concurrent Position
Domicile Tidak memiliki rangkap jabatan sesuai POJK Do not have concurrent position regarding FSA Regulation
Tangerang, Banten Nomor 35/POJK.04/2014 Number 35/POJK.04/2014
Alur Pengangkatan/Pemberhentian SVP Corporate Secretary

Mechanism of Appointment and Dismissal SVP Corporate Secretary
01 02 03 04
Penyampaian Usulan Persetujuan Dewan Penetapan Pengangkatan/ Menyampaikan Laporan

Pengangkatan/ Komisaris Pemberhentian melalui Mengenai Pengangkatan/
Pemberhentian SVP Surat Keputusan Direksi Pemberhentian SVP
Corporate Secretary kepada Approval of the Board Corporate Secretary kepada
Dewan Komisaris of Commissioners Decision of the Appointment/ OJK
Dismissal by the Decree of the
Submission of Proposed Board of Directors Submit a Report of the
Appointment/Dismissal of SVP Appointment/Dismissal of
Corporate Secretary to the SVP Corporate Secretary to
Board of Commissioners the FSA
Pengangkatan Sekretaris Perusahaan telah disampaikan kepada The appointment of the Corporate Secretary was submitted to
OJK, Bursa Efek Indonesia (IDX) dan Australian Securities the OJK, the Indonesia Stock Exchange (IDX) and the Australian
Exchange (ASX) pada tanggal 14 Mei 2019 melalui Sistem Securities Exchange (ASX) on May 14, 2019 through the Issuer
Sarana Pelaporan Elektronik Terintegrasi Emiten dan Perusahaan and Public Company Integrated Electronic Reporting System,
Publik, serta diumumkan dalam website Perusahaan. and announced on the Company’s website.
Program Pengembangan Keahlian Sekretaris Competency Development Program of Corporate

Perusahaan Secretary
Program pengembangan keahlian yang diikuti Sekretaris Competency development programs attended by the Corporate
Perusahaan selama tahun 2019, sebagai berikut: Secretary in 2019 were as follows:
Pelatihan/Workshop Waktu Pelaksanaan Training Penyelenggara

No.
Training/Workshop Date of Training Organizer
1. Pembicara dalam Public Expose ANTAM Tahun 2019 21 Agustus 2019 Bursa Efek Indonesia
Speaker at ANTAM Public Expose 2019 August 21, 2019 IDX
2. Pembicara dalam Seminar Nasional "Tantangan Emiten dan Investor 19 September 2019 Universitas Islam Indonesia
dalam Menghadapi Persaingan Industri 4.0" September 19, 2019 University of Islamic Indonesia
Speaker in the National Seminar “Challenges of Issuers and Investors
in the Face of Industry Competition 4.0 “
3. Pembicara dalam Investor Meeting (Komunitas Saham "Gemar 21 September 2019 PT MNC Sekuritas
Menabung Saham Indonesia"-MNC GEMESIN September 21, 2019
Speaker at Investor Meeting-MNC GEMESIN Share Community
4. Business & Society and Financial Accument Course in Wharton Business 8-10 Oktober 2019 Holding Industri Pertambangan
School, Philadelphia, USA October 8-10, 2019 Mining Industry Holding
5. Leading Strategy and Innovation in Massachusetts Institute of 12-14 Desember 2019 Holding Industri Pertambangan
Technology, USA December 12-14, 2019 Mining Industry Holding
Tugas dan Tanggung Jawab Sekretaris Perusahaan Duties and Responsibilities of Corporate Secretary
Tugas dan tanggung jawab Sekretaris Perusahaan tercantum Duties and responsibilities of Corporate Secretary are listed in Job
dalam Job Description SVP Corporate Secretary yang diperbaharui Description of SVP Corporate Secretary which is lastly updated
terakhir sesuai dokumen Nomor 0556/JD tanggal 13 Desember in accordance with the document Number 0556/JD dated
2017. Tanggung jawab utama Sekretaris Perusahaan di December 13, 2017. The main responsibilities of the Corporate
antaranya pengelolaan terhadap: Secretary include the following management:
1. Compliance Perusahaan yang berhubungan dengan 1. Compliance of the Company related to Regulation, the
regulasi, penyelenggaraan dan dokumentasi RUPS termasuk implementation and documentation of GMOS including the
penyusunan materi internal dan eksternal, mengarahkan preparation of internal and external material, directing the
koordinasi internal terkait aspek compliance pasar modal internal coordination related to capital market compliance
serta kajian peraturan pasar modal dan dampaknya terhadap aspects and review of capital market regulation and its
Perusahaan; impact to the Company;
2. Ekspektasi Pasar meliputi penetapan strategi dan monitoring 2. Market Expectations include the establishment of strategy
program investor relations untuk memastikan ekspektasi and monitoring the investor relations program to ensure
pasar terhadap Perusahaan; market expectation to the Company;
3. Reputasi Perusahaan di Mata Publik & Media melalui 3. Corporate Reputation in the Public and Media through the
penetapan dan pelaksanaan strategi Corporate adoption and implementation of Corporate Communications
Communications untuk publik, media dan internal strategy in communicating with the Public, Media and
Perusahaan; internal of the Company;
4. Materi publikasi dengan menetapkan strategi implementasi 4. Publication material by determining the implementation
atas publikasi non media Perusahaan untuk publik non- strategy on the Company’s non-media publications for non-
financial, investor dan masyarakat keuangan melalui iklan financial public, investors and financial community through
media massa Perusahaan terkait aspek finansial dan non advertising on mass media related to financial and non-
financial agar reputasi Perusahaan dan ekspektasi pasar financial aspects to maintain the Company’s reputation and
dapat terjaga dengan baik; market expectations;
5. Ketersediaan informasi dan pengkinian konten situs ANTAM; 5. Information availability, accessibility and update content on
ANTAM’s website;
6. Hubungan dan Komunikasi ANTAM dengan pihak internal 6. ANTAM relationship and communications with internal and
dan eksternal; external parties;
7. GCG Manual Building seperti review dan pengkinian atas 7. GCG Manual Building such as review and update the
Charter Direksi, Corporate Governance Policy, Standar Charter of the Board of Directors, Corporate Governance
Etika Perusahaan dan softstructure GCG lainnya untuk Policy, Code of Conduct and other GCG softstructures to
memastikan keselarasan dan kelengkapan dokumen serta ensure the alignment and completeness of documents and
publikasi (disclosure) sesuai regulasi yang berlaku baik di publications (disclosure) on ANTAM’s website and internal
situs maupun di portal internal ANTAM; portal in accordance with the prevailing regulations;
8. Praktik GCG dan continuous improvement dengan 8. GCG practice and continuous improvement by determining
menetapkan strategi pelaksanaan tata kelola Perusahaan a good corporate governance implementation strategy,
yang baik, asesmen GCG dan monitoring implementasi GCG assessment and monitoring the follow up of GCG
tindak lanjut rekomendasi asesmen; assessment recommendations;
9. Penguatan GCG melalui internalisasi dan sosialisasi praktik 9. Strengthening GCG through internalization and socialization
GCG pada seluruh proses hingga ke Anak Perusahaan; of GCG practices in the whole process of the company and
10. Penyelenggaraan dan dokumentasi Rapat Direksi; Subsidiaries;
11. Orientasi/program pengenalan bagi anggota Dewan 10. Conducting and documenting of the Board of Directors’
Komisaris dan Direksi; Meeting;
12. Administrasi kesekretariatan Perusahaan dan dokumentasi 11. Induction program for members of the Board of
database Perusahaan. Commissioners and the Board of Directors;
12. Corporate secretarial administration and the Company’s
database documentation.
Pelaksanaan Tugas Sekretaris Perusahaan Tahun Implementation of Duties and Responsibilities of

2019 Corporate Secretary 2019
Selama tahun 2019, Sekretaris Perusahaan telah melaksanakan During 2019, the Corporate Secretary had been carrying out the
tugasnya antara lain sebagai berikut: following duties:
1. Menyelenggarakan RUPS Tahun Buku 2018 pada tanggal 24 1. Organizing GMOS for Financial Year 2018 held on April 24,
April 2019 dan RUPSLB pada tanggal 19 Desember 2019 2019 and Extraordinary GMOS held on December 19, 2019,
serta mendokumentasikan risalah rapat, akta-akta RUPS dan and also documenting the minutes of the meeting, GMOS
RUPSLB beserta hal-hal lain yang terkait dengan pelaksanaan and Extraordinary GMOS deeds and other matters related to
RUPS dan RUPSLB selanjutnya dilaporkan kepada Otoritas the GMOS and Extraordinary GMOS implementation to be
Pasar Modal dan dipublikasikan pada situs Perusahaan; further reported to Capital Market Authorities and published
2. Mengkoordinasikan Rapat Direksi serta membuat, on the Company’s website;
menyimpan dan mendokumentasikan Risalah Rapat Direksi; 2. Coordinating BOD’s meeting and preparing, maintaining
3. Mendokumentasikan Daftar Pemegang Saham; and documenting the Minutes of the BOD’s Meeting;
4. Memastikan bahwa pelaksanaan sistem manajemen mutu 3. Documenting list of Shareholders;
sesuai dengan standar ISO 9001:2015; 4. Ensuring that the quality management system is in
5. Melaksanakan upaya kepatuhan terkait sikap anti korupsi, accordance with ISO 9001:2015;
pengendalian gratifikasi dan penyampaian LHKPN serta 5. Implementing compliance efforts related to anti-corruption
pelaksanaan sosialisasi dengan bersinergi dengan KPK; attitude, gratification control and LHKPN submission and
6. Terkait kegiatan GCG Implementation: socialization in coordination with KPK;
a. Mengelola dan melakukan review terhadap dokumen 6. Related to GCG Implementation Activities:
tata kelola Perusahaan; a. Managing and carrying out review on the Corporate
b. Melaksanakan Assessment Implementasi GCG ANTAM Governance documentations;
Tahun Buku 2018; b. Carrying out ANTAM GCG Implementation Assessment
c. Melakukan sosialisasi GCG ke Unit/Unit Bisnis dan Anak 2018;
Perusahaan; c. Conducting GCG socialization to Units/Business Units
d. Memberikan Program Pengenalan Perusahaan bagi and Subsidiaries;
Dewan Komisaris baru, Direksi baru dan pegawai baru. d. Providing Company Induction Program for the new
7. Terkait Kegiatan Investor Relation: Board of Commissioners, the Board of Directors and
a. Melakukan Investor Conference and Non Deal employee.
Roadshow; 7. Related to Investor Relations Activities:
a. Organizing Investor Conference and Non-Deal
Roadshow;
b. Melakukan Mine Site Visit dengan investor ke Unit b. Conducting Mine Site Visit with investors to Southeast
Bisnis Pertambangan Nikel Sulawesi Tenggara, Unit Sulawesi Nickel Mining Business Unit, North Maluku
Bisnis Pertambangan Nikel Maluku Utara, Unit Bisnis Nickel Mining Business Unit, West Kalimantan Bauxite
Pertambangan Bauksit Kalimantan Barat dan PT Mining Business Unit and PT Indonesia Chemical
Indonesia Chemical Alumina; Alumina;
c. Melakukan korespondensi dengan Wali Amanat; c. Carrying on correspondences with Trustees;
d. Melaksanakan pelaporan Informasi material kepada d. Reporting any material information to the Indonesia
Bursa Efek Indonesia, Otoritas Jasa Keuangan, dan Stock Exchange, the Financial Services Authority and the
Australian Securities Exchange; Australian Securities Exchange;
e. Melakukan pengkinian informasi pada website e. Updating the information contained in Company’s
Perusahaan; website;
f. Melakukan pertemuan dengan Analis Pasar Modal. f. Meeting with Capital Market Analyst.
8. Terkait Kegiatan Public Relation: 8. Related to Public Relations Activities:
a. Melakukan pengkinian informasi dan pengelolaan a. Updating Company’s information and managing
media komunikasi perusahaan, bulletin Perusahaan Company’s media communication, Company’s bulletin
(ANTAMedia) pada portal internal Perusahaan; (ANTAMedia) on Company’s Internal Portal;
b. Mengelola keikutsertaan ANTAM pada kegiatan di b. Managing events in the public through exhibitions,
publik umum melalui pameran, penghargaan publik, public awards, sponsorship participation, social media
partisipasi sponsorship, dan pengelolaan media sosial and internal activity management;
dan kegiatan internal ANTAM; c. Preparing the Company’s publication material in printed,
c. Melakukan persiapan materi publikasi perusahaan audio or visual form;
dalam bentuk cetak, audio, ataupun visual; d. Managing relations with media through publication
d. Mengelola hubungan dengan media melalui materi material, advertisement and advertorial.
publikasi, iklan dan advertorial. 9. Related to Institutional Relations Activities:
9. Terkait Kegiatan Institutional Relations: a. Implementing the Institutional Relationship with all
a. Melaksanakan realisasi Hubungan Kelembagaan dengan ANTAM’s external and internal stakeholders;
semua pemangku kepentingan eksternal maupun b. Implementing appropriate and accurate strategies for
internal ANTAM; mapping political and institutional scenarios (at central,
b. Mengimplementasikan strategi yang tepat dan akurat regional and local levels);
untuk memetakan skenario politik dan institusional c. Arrange and plan direct meetings with stakeholders;
(pada tingkat pusat, regional dan lokal); d. Minimize the occurrence of demonstrations;
c. Mengatur dan merencanakan pertemuan langsung e. Assisting the Republic of Indonesia House of
dengan para pemangku kepentingan; Representatives, Ministries, Provincial and Regional and
d. Meminimalisir terjadinya demonstrasi; ANTAM’s Operational Expansion Areas Government for
e. Asistensi Kunjungan kerja DPR RI, Kementerian, Company visit;
Pemerintah Provinsi dan Kabupaten Daerah serta Daerah f. Supporting and participating in sports activities, as well
Ekspansi Operasi ANTAM; as Religious Activities organized by the Ministry;
f. Mendukung dan ikut serta dalam kegiatan Olahraga g. Identify and provide assistance in the form of sponsorship
Bersama maupun kegiatan Keagamaan yang which is assessed on the scale of interests and influence
diselenggarakan oleh Kementerian; on the company;
g. Mengidentifikasi serta memberikan bantuan dalam h. Coordinate with the local Police Department regarding
bentuk sponsorship yang dinilai dari skala kepentingan the security of the Company;
dan keberpengaruhannya terhadap perusahaan; 10. Related to Secretariat Administration:
h. Melakukan koordinasi dengan pihak Kepolisian setempat a. Managing correspondences and record management;
terkait pengamanan Perusahaan. b. Organizing the socialization of the Company’s Business
10. Terkait Administrasi Kesekretariatan: Correspondence and Record Management Policy;
a. Melakukan pengelolaan persuratan dan kearsipan; c. Performing the Company’s document retention
b. Melakukan sosialisasi Kebijakan Pengelolaan Persuratan management.
Dinas dan Kearsipan Perusahaan;
c. Pengelolaan penyimpanan dokumen Perusahaan.
Audit Internal
Internal Audit
Audit Internal merupakan suatu kegiatan pemberian keyakinan Internal Audit is activities that includes the provision of confidence
(assurance) dan konsultasi yang bersifat independen dan (assurance) and independent and objective consultation, which
obyektif, dengan tujuan untuk meningkatkan nilai Perusahaan aims to increase the Company’s value and improve the Company’s
dan memperbaiki kinerja operasional Perusahaan, melalui operational performance, through a systematic approach, by
pendekatan yang sistematis, dengan cara mengevaluasi dan evaluating and improving the effectiveness of risk management,
meningkatkan efektivitas manajemen risiko, pengendalian internal control, and corporate governance process.
internal, dan proses tata kelola Perusahaan.
Struktur Organisasi Divisi Internal Audit Organizational Structure of Internal Audit

Division
Dalam struktur organisasi Perusahaan, Divisi Internal Audit In the organizational structure, Internal Audit Division is
ditempatkan langsung di bawah Direktur Utama sesuai dengan positioned directly under the President Director by the BOD
Surat Keputusan (SK) Direksi Nomor 2239.K/0251/DAT/2019 Decree Number 2239.K/0251/DAT/2019 dated November 26,
tanggal 26 November 2019. 2019.
Pada tanggal 1 Juli 2019 terjadi perubahan struktur organisasi On July 1, 2019 there was a change in the organizational
Divisi Internal Audit yaitu sentralisasi Internal Audit Unit/Unit structure of the Internal Audit Division, namely the centralization
Bisnis dengan Internal Audit Kantor Pusat sesuai Surat Keputusan of the Internal Audit Unit/Business Unit with the Internal Audit
Direksi PT ANTAM Tbk Nomor 1002.K/0251/DAT/2019. of the Head Office in accordance with the Decree of the Board
of Directors of PT ANTAM Tbk Number 1002.K/0251/DAT/2019.
Dalam hubungan dengan Dewan Komisaris selaku Organ In relation to the Board of Commissioners as the Supervisory
Pengawas Perusahaan, Pimpinan Divisi Internal Audit juga Organ, the Head of the Internal Audit Division also submits all
menyampaikan seluruh laporan hasil pemeriksaannya kepada reports on the results of the audit to the Board of Commissioners.
Dewan Komisaris. Divisi Internal Audit juga mengadakan The Internal Audit Division also holds regular meetings with
pertemuan rutin dengan Direksi dan Dewan Komisaris ataupun the Board of Directors and the Board of Commissioners or the
Komite Audit selaku Organ Penunjang Dewan Komisaris untuk Audit Committee as the Supporting Organ of the Board of
membahas hal-hal yang mengandung indikasi kelemahan Commissioners to discuss matters that contain indications of
pengendalian internal Perusahaan. weaknesses in the Company’s internal controls.
Struktur Organisasi Divisi Internal Audit

Organizational Structure of Internal Audit Division
Presiden Director Comissioner

Direktur Utama Komite Audit
Senior Vice President

Internal Audit
Manager Lead Auditor & Manager Manager

Audit & Consulting Senior Auditor Internal Audit • Southeast Sulawesi Nickel Mining
Quality Assurance & Business Unit IA
• Gold Mining Business Unit IA
System Development
• Precious Metal Processing and Refinery
Business Unit IA
• North Maluku Nickel Mining Business
Unit IA
• Geoming & Technology Development
Unit IA
• West Kalimantan Bauxite Mining
Business Unit IA
Pengangkatan SVP Internal Audit Appointment of SVP Internal Audit

Dasar hukum pengangkatan Kepala Unit Internal Audit (SVP The legal basis for the appointment of the Head of Internal Audit
Internal Audit) mengacu pada Peraturan Otoritas Jasa Keuangan Unit (SVP Internal Audit) refers to the Regulation of the Financial
Nomor 56/POJK.04/2015 tentang Pembentukan dan Pedoman Services Authority Number 56/POJK.04/2015 concerning the
Penyusunan Piagam Unit Audit Internal yang mengatur Establishment and Guidelines for the Formation of the Charter
bahwa Kepala Unit Audit Internal diangkat dan diberhentikan of the Internal Audit Unit which stipulates that the Head of the
oleh Direktur Utama atas persetujuan Dewan Komisaris. Internal Audit Unit is appointed and dismissed by the President
Selanjutnya, setiap terjadinya pengangkatan, penggantian, atau Director upon the approval of the Board of Commissioners.
pemberhentian Kepala Unit Audit Internal, Perusahaan wajib Furthermore, the Company shall notify the Financial Services
menyampaikan pemberitahuan kepada Otoritas Jasa Keuangan Authority (OJK) of any appointment, replacement or dismissal of
(OJK). the Head of the Internal Audit Unit.
SVP Internal Audit dijabat oleh Hardianto Tumpak Manurung, Based on decision of the Board of Directors Number 830.K/7333/
MEBM., CIA., CRMP, CRMA berdasarkan Keputusan Direksi DAT/2017, which effective on November 1, 2017, the position
Nomor 830.K/7333/DAT/2017 yang berlaku efektif per 1 of SVP Internal Audit is held by Hardianto Tumpak Manurung,
November 2017. Pengangkatan SVP Internal Audit tersebut MEBM., CIA., CRMP, CRMA The appointment of the Internal Audit
telah mendapatkan persetujuan Dewan Komisaris berdasarkan SVP has been approved by the Board of Commissioners based on
Surat Dewan Komisaris kepada Direktur Utama Nomor 227/DK/ the Letter of the Board of Commissioners to the President Director
SRT/X/2017/Rhs tanggal 27 Oktober 2017 tentang Persetujuan Number 227/DK/SRT/X/2017/Rhs dated October 27, 2017,
Pengangkatan Penggantian Pejabat SVP Internal Audit, dan concerning Approval for the Appointment and Replacement of
telah diberitahukan kepada Otoritas Jasa Keuangan melalui the Official of SVP Internal Audit and has been notified to the
surat Nomor 5996/09/DCS/2017 tanggal 15 Desember 2017 Financial Services Authority through letter Number 5996/09/
tentang Penyampaian Perubahan Kepala Unit Audit Internal. DCS/2017 dated December 15, 2017, concerning the Notice of
Changes to the Head of the Internal Audit Unit.
Alur Pengangkatan/Pemberhentian SVP Internal Audit

Mechanism of Appointment and Dismissal SVP Internal Audit
01 02 03 04
Penyampaian Usulan Persetujuan Dewan Penetapan Pengangkatan/ Menyampaikan Laporan

Pengangkatan/ Komisaris Pemberhentian melalui Mengenai Pengangkatan/
Pemberhentian SVP Internal Surat Keputusan Direksi Pemberhentian SVP Internal
Audit kepada Dewan Approval of the Board Audit kepada OJK
Komisaris of Commissioners Decision of the Appointment/
Dismissal by the Decree of the Submit a Report on the
Submission of Proposed Board of Directors Appointment/Dismissal of the
Appointment/Dismissal SVP Internal Audit to the FSA
of SVP Internal Audit to the
Profil SVP Internal Audit

Profile of SVP Internal Audit
Hardianto Tumpak Manurung, MEBM., CIA., CRMP, CRMA

Senior Vice President Internal Audit

Citizenship
1. Sarjana Teknik Kimia, Universitas Sumatera Utara (1996) 1. Bachelor of Chemical Engineering, Sumatera Utara
Indonesia University (1996)
2. Magister Manajemen Bisnis dan Lingkungan, The University 2. Master of Environmental and Business Management,
of Newcastle - Australia (2006) The University of Newcastle - Australia (2006)
Usia Riwayat Jabatan History of Position
Age
48 tahun Surat Keputusan Direksi Nomor 830.K/7333/DAT/2017 The Board of Directors Decree Number 830.K/7333/DAT/2017
per 31 Desember 2019 • Pengalaman Kerja • Working Experiences
48 year old 1. Auditor Madya pada Senior Manager Internal Audit 1. Auditor Madya in Senior Manager Internal Audit Service
as of December 31, 2019 Service Delivery (2008) Delivery (2008)
2. Assistant Senior Manager Auditing and Consulting 2. Assistant Senior Manager Auditing and Consulting
(2008-2012) (2008-2012)
Tempat & Tanggal Lahir 3. Audit and Consulting Manager (2012-2014) 3. Audit and Consulting Manager (2012-2014)
Place & Date of Birth 4. Lead Auditor 2 (2014-2017) 4. Lead Auditor 2 (2014-2017)
5. Senior Vice President Internal Audit (2017- sekarang) 5. Senior Vice President Internal Audit (2017- now)
Medan, 18 Mei 1971 • Jabatan Rangkap • Concurrent Position
Medan, May 18, 1971 Tidak memiliki rangkap jabatan sesuai POJK Do not have concurrent position regarding FSA Regulation
Nomor 35/POJK.04/2014 Number 35/POJK.04/2014
Jumlah Personil, Kualifikasi Serta Sertifikasi Number of Personnel, Qualification and

Divisi Internal Audit Certification of Internal Audit Division
Dalam menjalankan fungsi Pengawasan, Divisi Internal Audit In performing the Control function, the Internal Audit Division
memiliki 21 (dua puluh satu) personil dengan kualifikasi has 21 (twenty one) personnel with the certification qualifications
sertifikasi sebagai berikut: as follows:
Nama Jabatan Latar Belakang Pendidikan
No.
Name Position Education Background
1. Hardianto Tumpak Manurung Senior Vice President - Teknik Kimia (S1), Universitas Sumatera Utara
Tahun 1996
Bachelor of Chemical Engineering
- Magister Environment Business Management (S2),
The University of Newcastle - Australia Tahun 2006
Master of Environment and Business Management
2. Fuad Ashari Audit and Consulting Manager - Teknik Tambang Metalurgi (S1),
Bachelor of Mining Metallurgy Engineering
- Magister Manajemen Keuangan (S2)
Master of Finance Management
3. Aldila Kusuma Wardhani Internal Audit Quality Assurance & System Development - Teknik Industri (S1)
Manager Bachelor of Industrial Engineering
- Magister Ilmu Manajemen Keuangan (S2)
Master of Finance Management
4. Siti Auliah Senior Auditor 2 - Ekonomi Manajemen (S1)
Bachelor of Economic Management
5. M Dian Syahputra Senior Auditor 1 - Teknik Tambang (S1)
Bachelor of Mining Engineering
6. Anis Dwi Harwati Senior Auditor 2 - Akuntansi (S1)
Bachelor of Accounting
- Magister Management (S2)
Master of Management
Nama Jabatan Latar Belakang Pendidikan

No.
Name Position Education Background
7. Yudi Tjahjono Auditor 1 - Manajemen (S1)
Bachelor of Management
- Magister Manajemen (S2)
8. Rahmad Nur Hudha Internal Audit Quality Assurance - Akuntansi (D3)
Senior Officer Diploma of Accounting
9. Hariyati Razak Southeast Sulawesi Nickel Mining Business Unit, Internal Audit - Teknik Tambang (S1)
Manager Bachelor of Mining Engineering
- Chemical Analist (D3)
Diploma of Chemical of Analysis
10. Saptoni Southeast Sulawesi Nickel Mining Business Unit, Auditor 2 - Sekolah Menengah Atas (SMA)
Senior High School

11. David Sapan Southeast Sulawesi Nickel Mining Business Unit, Auditor 2 - Diploma Tambang (D3)
Diploma of Mining
12. Muhammad Rusli Said Southeast Sulawesi Nickel Mining Business Unit, Audit Senior - Teknik Tambang (S1)
Officer 1 Bachelor of Mining Engineering
13. Wid Andrioko Southeast Sulawesi Nickel Mining Business Unit, Audit Senior - Ekonomi (S1)
Officer 2 Bachelor of Economy
14. Wayan Mardita Southeast Sulawesi Nickel Mining Business Unit, Audit Senior - Ekonomi (S1)
Officer 2 Bachelor of Economy
15. Wenda Pratama Gold Mining Business Unit, Internal Audit Manager - Teknik Industri (S1)
Bachelor of Industrial Engineering
- Magister Ilmu Manajemen Pemasaran (S2)
Master of Marketing Management
16. Hasan Bisri Gold Mining Business Unit, Auditor 2 - Ilmu Hukum (S1)
Bachelor of Law
17. Yoyoh Nurohaeni Gold Mining Business Unit, Auditor 2 - Ekonomi (S1)
Bachelor of Economy
18. Putra Mardhika Utama North Maluku Nickel Mining Business Unit, Internal Audit - Teknik Mesin (S1)
Manager Bachelor of Mechanical Engineering
19. Edward Veldman Precious Metal Processing and Refinery Business Unit, Internal - Teknik Sipil (S1)
Audit Manager Bachelor of Civil Engineering
20. Safrudin Iskandar Alam Geomin & Technology Development Unit, Internal Audit - Teknik Sipil (S1)
Manager Bachelor of Civil Engineering
- Magister Management (S2)
21. Utiah Sukarini Geomin & Technology Development Unit, Audit Senior Officer - Fisika (S1)
Bachelor of Physics
Sertifikasi Personil Divisi Internal Audit

Certification of Internal Audit Personnel
Sertifikasi Dikeluarkan Oleh Jumlah Personil Internal Audit
No.
Certification Issued By Number of Internal Audit Personnel
1. Certified Internal Auditor The Institute of Internal Auditor (The IIA), New York USA 1
2. The Certification in Risk Management The Institute of Internal Auditor (The IIA), New York USA 1
Assessment (CRMA)
3. Qualified Internal Auditor Yayasan Pendidikan Internal Audit (YPIA)-Jakarta 2
Internal Audit Education Foundation-Jakarta
4. Professional Internal Auditor Pusat Pengembangan Akuntansi & Keuangan (PPAK)-Jakarta 3
Accounting & Finance Development Center (PPAK)-Jakarta
5. Certified Risk Management Lembaga Sertifikasi Profesi Manajemen Risiko (LSPMR)-Jakarta 2
Professional Risk Management Professional Certification Agency (LSPMR)-
Jakarta
6. Tax Brevet A, B, C Ikatan Akuntan Indonesia 1
Indonesian Institute of Accountants
Program Pengembangan Kapabilitas Sumber Programs For Capability Development of the

Daya Manusia (SDM) Internal Audit Internal Audit Human Resources (HR)
Dalam meningkatkan kualitas personil Internal Audit sesuai For enhancing the quality of Internal Audit personnel in
dengan kebutuhan untuk pelaksanaan tugas Internal Audit, accordance with the need for Internal Audit duties, in 2019
di tahun 2019 personil Internal Audit telah mengikuti Internal Audit personnel have attended various capability
berbagai program pengembangan kapabilitas dalam rangka development programs to improve their knowledge and
meningkatkan pengetahuan dan kemampuan, antara lain: capabilities, including:
Jumlah Personil IA
yang Mengikuti
Waktu Pelaksanaan Training Penyelenggara The Number of
No. Training/Workshop/Seminar
Date of Training Organizer Internal Audit
Personnel
Who Attend
1. Workshop Basic Investigation 28-29 Januari 2019
Association of Certified Fraud 4
Basic Investigation Workshop January 28-29, 2019 Examiners (ACFE)
2. Workshop Sistem Manajemen Mutu (ISO 9001) dan 21-23 Januari 2019 ANTAM 1
Audit Internal ISO 19011 January 21-23, 2019
Quality Management Systems (ISO 9001) and ISO
19011 Internal Audit Workshop
3. Sertifikasi Brevet A, B, E-SPT Maret-September 2019 Ikatan Akuntan Indonesia 1
Brevet A, B, E-SPT Certification March-September, 2019 Indonesian Institute of Accountants
4. Seminar Prospek Penerimaan Negara dari Mineral 1 April 2019 BPK RI 1
dan Migas di Tahun Politik April 1, 2019 Audit Board of the Republic of
Prospects for State Revenues from Mineral and Oil Indonesia
and Gas in the Political Year Seminar
5. Certification in Risk Management Assurance Review 8-12 April 2019 IIA Indonesia 1
April 8-12, 2019
6. Training of trainer di internal antam yang diadakan 9-12 April 2019 ANTAM 1
oleh LD April 9-12, 2019
ANTAM’s internal training of trainers is held by LD
7. Enterprise Risk Management ISO 31000:2018 10-12 April 2019 CRMS Indonesia 1
In house Training April 10-12, 20189
8. Pelatihan Sertifikasi QIA, Tingkat Lanjutan 2 24 Juni-5 Juli 2019 YPIA 1
QIA Certification Training, Advance Level 2 June 24-July 5, 2019
9. Pelatihan Sertifikasi QIA, Tingkat Dasar 2 24 Juni-5 Juli 2019 YPIA 1

QIA Certification Training, Basic Level 2 June 24-July 5, 2019
10. Pelatihan Sertifikasi QIA, Tingkat Lanjutan 1 1-13 Juli 2019 YPIA 2
QIA Certification Training, Advance Level 1 July 1-13, 2019
11. Pelatihan Sertifikasi QIA, Tingkat Dasar 1 1-13 Juli 2019 YPIA 1
QIA Certification Training, Basic Level 1 July 1-13, 2019
12. 2019 IIA Indonesia National Conference 24-25 Juli 2019 The IIA 1
July 24-25, 2019
13. Pelatihan Sertifikasi QIA, Tingkat Dasar 1 29 Juli-10 Agustus 2019 YPIA 1
QIA Certification Training, Basic Level 1 July 29-August 10, 2019
14. Workshop Basic Investigation 21-22 Agustus 2019 ACFE 2
Basic Investigation Workshop August 21-22, 2019
15. ISO 31000 Series 4: Auditing Risk Management 27-30 Agustus 2019 CRMS Indonesia 4
August 27-30, 2019
16. Achieving Audit Effectiveness by Reading and 9-10 Oktober 2019 FKSPI ESDM 2
Influencing People Using Body Language and October 9-10 2019
Microexpression
17. Pelatihan Sertifikasi QIA, Tingkat Dasar 1 11-23 November 2019 YPIA 1
QIA Certification Training, Basic Level 1 November 11-23 2019
18. Pendidikan dan Pelatihan Anti Korupsi Dasar untuk 30 Oktober-1 November 2019 KPK 2
Satuan Pengawas Internal BUMN/BUMD dan Anak October, 30-November 1, 2019 Corruption Eradication Commission
Perusahaan Batch 3
Basic Training of Anti Corruption for Internal Audit
in State Owned Enterprises, Regional Owned
Enterprises, and Subsidiaries Batch 3
Jumlah Personil IA
yang Mengikuti
Waktu Pelaksanaan Training Penyelenggara The Number of
Date of Training Organizer Internal Audit
Personnel
Who Attend
19. Round table discussion: Internal Auditors role to 13 November 2019 ACFE/IIA 2
Enhance Anti Fraud Culture in the Organization : the November 13, 2019
Do’s and Don'ts
20. Workshop "Mobile Hacking and Forensic 20-21 November 2019 ACFE 1
Investigation Course" November 20-21, 2019
21. Pelatihan Sertifikasi QIA, Tingkat Lanjutan 1 25 November-7 Desember 2019 YPIA 1
QIA Certification Training, Advance Level 1 November 25-December 7, 2019
22. Workshop Investigative/Forensic Audit & Fraud 21 Desember 2019 ANTAM 21
December 21, 2019
23. Senior Leaders Development Program Juli-Desember 2019 KornFerry, Wharton - University of 1
July-December 2019 PennSylvania, MIT Management
Sloan School The USA
Personil Internal Audit juga aktif dalam berbagai organisasi Personnel of the Internal Audit are also active in various
profesi Internal Audit yang memiliki kegiatan seminar, organizations of Internal Audit profession, which conducted
diskusi, dan workshop yang bertujuan untuk pelatihan dan seminars, discussions and workshops that aimed to train and
pengembangan kompetensi audit anggotanya, yaitu: enhance the audit competency of its members, namely:
1. The Institute of Internal Auditor (the IIA)-Indonesia Chapter; 1. The Institute of Internal Auditor (the IIA)-Indonesia Chapter;
2. Forum Komunikasi Satuan Pengawasan Intern (FKSPI); 2. Forum of Internal Control Audit Communication;
3. Forum Komunikasi Satuan Pengawasan Intern (FKSPI) 3. Forum of Internal Control Audit Communication ESDM
Komisariat ESDM. Commissariat.
Tugas dan Tanggung Jawab Internal Audit Duties and Responsibilities of Internal Audit
Aktivitas Audit Internal adalah bagian dari proses tata kelola Internal Audit is part of the governance process that provides
perusahaan yang memberikan jaminan atas sistem pengendalian reasonable assurance on internal control system, operational
internal, efektivitas dan efisiensi operasi, ketaatan terhadap effectiveness and efficiency, compliance with applicable laws
peraturan perundang-undangan yang berlaku serta ketepatan and regulations and accuracy and reliability of reporting.
dan kehandalan pelaporan.
Tugas dan Tanggung Jawab Divisi Audit Internal antara lain: Duties and Responsibilities of the Internal Audit Division are,
among others:
1. Menyusun dan melaksanakan Rencana Pemeriksaan Tahunan Berbasis 1. Prepare and conduct a Risk Based Annual Audit Plan which may consist
Risiko yang terdiri dari Audit Operasional, Internal Control Review of operational audit, Internal Control Review on the financial reporting
atas proses pelaporan keuangan, review/evaluasi atas pelaksanaan processes, review/evaluation of the implementation of risk management
manajemen risiko serta Audit Khusus; and Special Audit;
2. Melakukan pemeriksaan dan penilaian atas efisiensi dan efektivitas 2. Perform an examination and assessment of the efficiency and
pada seluruh kegiatan operasional Perusahaan sesuai dengan Rencana effectiveness of the entire operations of the Company in accordance with
Pemeriksaan Tahunan; the Annual Inspection Plan;
3. Melakukan audit/review atas Anak Perusahaan dan afiliasi Perusahaan 3. Conduct audit/review of the subsidiaries and affiliates upon the
atas permintaan yang berasal dari RUPS Anak Perusahaan/Afiliasi demand of subsidiaries/affiliates GMOS or requested by The Board of
Perusahaan atau Dewan Komisaris Anak Perusahaan/Afiliasi Perusahaan Commissioners from subsidiaries/affiliates to the President Director of the
kepada Direktur Utama Perusahaan; Company;
4. Melakukan audit/review atas Dana Pensiun ANTAM dan Yayasan 4. Conduct an audit/review of Pension Fund (Dana Pensiun) ANTAM and
Kesehatan Pensiunan ANTAM yang didirikan Perusahaan; Yayasan Kesehatan Pensiunan ANTAM (hereinafter referred to as the
Agency), which was established by the Company;
5. Membuat laporan hasil audit dan laporan hasil review/evaluasi dan 5. Prepare reports on the audit results and review/evaluation results and
menyampaikan laporan tersebut kepada Direktur Utama Perusahaan submit the reports to the President Director of the Company and other
dan pihak terkait dalam menindaklanjuti rekomendasi; related parties in following up the recommendations;
6. Memantau, menganalisis, dan melaporkan pelaksanaan tindak lanjut 6. Monitor, analyze, and report the implementation of the follow-up of the
perbaikan yang telah disarankan; recommendation;
Piagam Internal Audit Internal Audit Charter

Perusahaan telah memiliki Piagam Internal Audit (Internal Audit The Company has had the Internal Audit Charter in 2014, signed
Charter) tahun 2014 yang ditandatangani oleh Direksi dan by the Board of Directors and the Board of Commissioners of
Dewan Komisaris ANTAM tanggal 9 Juni 2014 yang merupakan ANTAM dated on June 9, 2014, which is the updated version of
pembaharuan dari Internal Audit Charter tahun 2012. the Internal Audit Charter 2012.
Hal-hal yang dimuat dalam Internal Audit Charter adalah: The Scope of Internal Audit Charter are:
1. Bab I Pendahuluan: Latar belakang, Pengertian, Visi, Misi, 1. Chapter I Preliminary: Background, Meaning, Vision, Mission,
Maksud dan Tujuan, Strategi; Purposes, and Objectives, Strategy;
2. Bab II Organisasi: Struktur dan Kedudukan Internal Audit, 2. Chapter II Organization: Structure and Internal Audit Position,
Persyaratan dan Kewajiban Internal Auditor, Tugas, Requirements and Responsibility of Internal Auditor, Duties,
Tanggung Jawab dan Kewenangan Internal Audit; Responsibility and Authorities of Internal Audit;
3. Bab III Kode Etik, Hubungan dengan Pihak lain dan Tindak 3. Chapter III Code of Conduct, Relationship with other Party
Lanjut Hasil Audit dan Reviu. and follow up to Audit and Review Results.
Pada tahun 2019 dilakukan evaluasi dan penyelarasan Internal In 2019, an evaluation and alignment of the Internal Audit
Audit Charter dan Management Policy Internal Audit dengan Charter and the Management Policy of Internal Audit with the
Pedoman Strategis Internal Audit Holding Industri Pertambangan Strategic Guidelines for the Internal Audit of the Mining Industry
serta disesuaikan dengan perkembangan regulasi dan/atau Holding and adjusted to the progress of regulations and/or
peraturan yang berlaku. regulations.
Kode Etik Auditor Internal Ethical Code of Internal Auditor

Dalam menjalankan tugasnya, Internal Auditor ANTAM telah In performing his duties, an Internal Auditor has rules of conduct,
memiliki Kode Etik, antara lain: which are among others:
Integritas Objektivitas dan Independensi Kerahasiaan Kompetensi

Integrity Objectivity and Independence Confidentiality Competency
Menunjukkan Tidak melakukan kegiatan yang dapat berpotensi/ Bersikap hati-hati dan bijaksana Melaksanakan setiap penugasan
kejujuran, menimbulkan konflik dengan kepentingan Perusahaan, dalam menggunakan informasi dengan menggunakan
obyektivitas, dan tidak menerima sesuatu dalam bentuk apapun dari yang diperoleh, selalu menjaga pengetahuan, keahlian,
kesungguhan dalam auditee dan pihak lain yang terkait dengan pekerjaan kerahasiaan data dan informasi pengalaman, dan kompetensi
melaksanakan tugas, audit, tidak memiliki rasa keberpihakan, ketakutan dan terkait dengan pelaksanaan profesional yang dimiliki, senantiasa
serta taat hukum dan ambisi yang dapat/patut diduga dapat mempengaruhi tugasnya serta tidak menggunakan meningkatkan kompetensi serta
etika Perusahaan. pertimbangan profesionalnya, bebas dari intervensi atas informasi untuk keuntungan efektivitas dan kualitas pelaksanaan
hasil pemeriksaan, mengungkapkan fakta penting dan pribadi atau kelompok yang dapat tugasnya, serta wajib mengikuti
Must demonstrate material serta tidak menutupi adanya praktik-praktik menimbulkan kerugian Perusahaan. pendidikan profesi berkelanjutan.
honesty, objectivity, yang melanggar hukum.
and sincerity in Be careful and judicious in using Carry out any assignment using the
performing the Not engage in activities that may lead to a conflict with information obtained, always knowledge, expertise, experience,
duties and must interests of the Company, not receive something in maintain the confidentiality of and professional competence,
comply with the law any form from the auditee and other party that relates data and information related to constantly improve the competency
and, ethics of the to the audit, not have a sense of alignment, fear, and the implementation of their duties and the effectiveness and quality of
Company. ambition that may influence his professional judgement, and not use the information for execution of their duties, and must
must be free from any intervention on the examination personal gain or groups which can follow the continuing professional
results, revealing important facts and materials and cause Company losses. education.
does not cover the practices of unlawful.
Rencana Pemeriksaan Tahunan Annual Audit Plan

Internal Audit menyusun Rencana Pemeriksaan Tahunan (RPT) Internal Audit prepares the Annual Audit Plan with a risk-based
dengan pendekatan berbasis risiko (risk based Audit) yang approach (risk-based Audit), which includes the Operational
mencakup Audit Operasional, Internal Control Review (ICR), Audit, Internal Control Review (ICR), Review/Evaluation of the
Reviu/Evaluasi atas pelaksanaan Manajemen Risiko, dan Audit implementation of Risk Management, and Special Audit.
Khusus.
Rencana Pemeriksaan Tahunan disusun dengan The annual audit plan is prepared by considering, among others:
mempertimbangkan antara lain: 1. The risk profile of the audit object, which is obtained from
1. Profil risiko obyek audit yang diperoleh dari hasil penilaian the risk assessment results generated from Risk Control
risiko melalui kegiatan Risk Control Self-assessment Self-Assessment (RCSA) activity in coordination with Risk
(RCSA) yang dikoordinasikan oleh Divisi Risk Management; Management Division;
2. Profil audit yaitu kapan terakhir obyek audit tersebut 2. Audit profile means the time when the last audit was
diaudit; performed on the audit objects;
3. Profil lainnya yang diperhitungkan antara lain signifikansi/ 3. Other profiles that are taken into accounts, such as the
materialitas transaksi, kondisi internal control dari hasil significance/materiality of the transaction, the conditions of
audit sebelumnya, efektivitas quality management assurance internal control of the previous audit results, the effectiveness
atau quality control Unit Bisnis, dan pergantian pimpinan; of the quality management assurance or quality control of
dan the Business Unit, and the change of management; and
4. Adanya permintaan dari Direktur Utama Perusahaan. 4. The request from the President Director of the Company.
Untuk tahun 2019, Rencana Pemeriksaan Tahunan (RPT) dan For 2019, the Annual Examination Plan (RPT) and the Internal
Program Kerja Internal Audit 2019 disampaikan oleh SVP Audit Work Program 2019 are submitted by the SVP Internal
Internal Audit kepada Direktur Utama melalui Nota Dinas Nomor Audit to the President Director through Official Memorandum
15DU/IA/851/2019 tanggal 20 Maret 2019 dan Nomor 66/ Number 15DU/IA/851/2019 dated March 20, 2019 and Number
IA/851/2019 tanggal 23 September 2019. 66/IA/851/2019 on September 23, 2019.
Laporan Pelaksanaan Kegiatan Internal Audit Internal Audit Activity Report 2019
Tahun 2019
Sesuai dengan Rencana Pemeriksaan Tahun 2019 (RPT 2019), In accordance with the 2019 Examination Plan (RPT 2019),
Internal Audit telah melakukan audit operasional dan Audit Internal Audit has conducted operational audits and Special
atas Permintaan/Audit Khusus di seluruh Unit/Unit Bisnis dan Requests/Audits in all Business Units/Units and several
beberapa entitas Anak Perusahaan. Sedangkan evaluasi atas Subsidiaries. While the evaluation of the implementation of
penerapan manajemen risiko Perusahaan dilakukan oleh the Company’s risk management is carried out by an external
konsultan eksternal yaitu PT Jagad Prima Mandiri. Untuk Reviu consultant, PT Jagad Prima Mandiri. For Internal Control over
atas Internal Control over Financial Reporting (ICoFR) dilakukan Financial Reporting (ICoFR) Review conducted by an external
oleh eksternal auditor. auditor.
Adapun realisasi atas Pemeriksaan Tahunan Tahun 2019 adalah Realization of Annual Audit for the year 2019 is as follows:
sebagai berikut:
1. Audit Operasional 1. Operational Audit
Sesuai dengan Rencana Pemeriksaan Tahun 2019 yang Related to Annual Plan 2019 which set forth by the
ditetapkan oleh Direktur Utama, selama tahun 2019 Internal President Director, Internal Audit has assessed 5 (five) Audit
Audit telah melaksanakan pemeriksaan 5 (lima) Obyek Audit. Objects during 2019. The audits were performed on Unit/
Audit tersebut dilakukan pada Unit/Unit Bisnis. Monitoring Business Unit. Monitoring of the follow-up to Audit Result
tindak lanjut atas Rekomendasi Hasil Audit dilakukan melalui Recommendations is conducted through a conventional
mekanisme rutin setiap Triwulan; mechanism quarterly;
2. Audit atas Permintaan/Audit Khusus 2. On-demand Audit/Special Audit
Pelaksanaan Audit Khusus dilakukan berdasarkan Rencana Implementation of Special Audit is conducted according
Pemeriksaan Tahun 2019 dan adanya permintaan dari to the Annual Audit Plan 2019 and upon a request of
Direktur Utama untuk melakukan pemeriksaan/review the President Director for doing an inspection/review of
terhadap Anak Perusahaan dan permasalahan tertentu yang the Subsidiary and any particular problem on which the
dipandang perlu untuk dilakukan evaluasi. Dalam hal ini, evaluation is deemed necessary to be performed. In this
Internal Audit telah melaksanakan pemeriksaan 11 (sebelas) instance, the Internal Audit has conducted examinations of
Obyek Audit dengan tujuan khusus. 11 (eleven) Audit Objects with specific purposes.
3. Reviu/Evaluasi atas pelaksanaan Manajemen Risiko 3. Review/Evaluation of the implementation of Risk Management
Pelaksanaan Evaluasi atas Manajemen Risiko dilakukan oleh Evaluation of Risk Management is carried out by External
eksternal Assessor yaitu PT Jagad Prima Mandiri dengan assessors namely PT Jagad Prima Mandiri with maturity level
level maturitas Managed. Managed.
Pelaksanaan Evaluasi dan Audit Tahun 2019 Evaluation and Audit 2019
1. Audit Operasional UBP Nikel Maluku Utara Tanggal 31 Januari 2019. 1. Operational Audit of North Maluku Nickel Mining Business Unit on January
2. Audit Khusus Butik UBPP Logam Mulia Tanggal 06 April 2019. 31, 2019.
3. Audit Atas Adanya Pelaporan Whistleblowing System Tanggal 16 April 2. Special Audit of Precious Metal Processing and Refinery Business Unit
2019. Boutique on April 6, 2019.
4. Reviu Internal Control Over Financial Reporting (ICoFR) untuk tahun 2018. 3. Audit of the Whistleblowing System Report on April 16, 2019.
5. Audit Khusus Divisi Accounting Tax & Budgeting Tanggal 22 Juni 2019. 4. Reviu of Internal Control over Financial Reporting (ICoFR) for year 2018.
6. Audit Khusus PT ANH Tanggal 15 Juli 2019. 5. Special Audit of Accounting Tax and Budgeting Division on June 22, 2019.
7. Audit Khusus atas Proyek Pembangunan Pembangkit Listrik ANTAM (P3LA) 6. Special Audit of PT ANH on July 15, 2019.
Tanggal 16 September 2019. 7. Special Audit of the ANTAM Power Plant Development Project (P3LA) on
8. Audit Khusus PT ICR/CTSP Tanggal 18 September 2019. September 16, 2019.
9. Audit Khusus PT ICA Tanggal 29 November 2019. 8. Special Audit of at PT ICR/CTSP on September 18, 2019.
10. Audit Operasional HC, CSR, and GA Bureau Unit Geomin & Technology 9. Special Audit of PT ICA on November 29, 2019.
Development Tanggal 29 November 2019. 10. Operational Audit of HC, CSR and GA Bureau Geomin & Technology
11. Audit Operasional Finance bureau UBP Emas Tanggal 29 November 2019. Development Unit on November 29, 2019.
12. Audit Khusus Pelaporan Pelanggaran (Whistleblowing) Nomor 3/2018 11. Operational Audit of Finance Bureau Gold Mining Business Unit on
Tanggal 29 November 2019. November 29, 2019.
13. Audit Khusus Procurement & Material Management UBP Nikel Sulawesi 12. Special Audit of Whistleblowing Report Number 3/2018 on November 29,
Tenggara Tanggal 31 Desember 2019. 2019.
14. Audit Khusus Pelaporan Pelanggaran (Whistleblowing) Pengaduan Nomor 13. Special Audit on Procurement & Material Management of Southeast
2/2018 Tanggal 31 Desember 2019. Sulawesi Nickel Mining Business Unit on December 31, 2019.
15. Audit Operasional Biro Industrial Relation UBP Nikel Sulawesi Tenggara 14. Special Audit of Whistleblowing Report Number 2/2018 on December 31,
Tanggal 31 Desember 2019. 2019.
16. Audit Operasional Terhadap CSR Bureau UBP Emas Tanggal 31 Desember 15. Operational Audit of Industrial Relations Bureau on the Southeast Sulawesi
2019. Nickel Mining Business Unit on December 31, 2019.
17. Audit Pelaporan Bantuan CSR-BUMN Tanggal 06 September 2019. 16. Operational Audit of CSR Bureau Gold Mining Business Unit on
December 31, 2019.
17. Audit of CSR-BUMN Reporting on September 6, 2019.
Atas seluruh pelaksanaan evaluasi dan audit di tahun 2019, Of the entire evaluation and audit in 2019, there were 281
terdapat 281 rekomendasi untuk temuan Audit Operasional/ recommendations for the findings of the Operational Audit/
ICoFR/EMR/Audit Khusus. Per 31 Desember 2019, sebanyak ICoFR/EMR/Special Audit. As of December 31, 2019, a total
66,55% rekomendasi Audit Operasional/ICoFR/EMR dan Audit of 66.55% of the recommendations of the Operational Audit/
Khusus telah selesai ditindaklanjuti dan selebihnya masih ICoFR/EMR and Special Audit had been followed up and the rest
dalam proses tindak lanjut. Rekomendasi hasil audit were still in the process of following up. Recommendations on
di antaranya dilakukan dengan perbaikan sistem dan prosedur the results of the audit are carried out with improvements to the
Perusahaan. Company’s systems and procedures.
Quality Assurance Quality Assurance

Agar Internal Audit sebagai fungsi assurance perusahaan To enable the Internal Audit, as the Company assurance function,
dapat berjalan dengan baik dan efektif, maka fungsi Internal work well and efficiently, the Internal Audit function is assisted by
Audit didukung oleh berbagai komponen/elemen yang saling various mutually supportive components/elements. The Internal
mendukung. Secara periodik Internal Audit melaksanakan Audit performs a periodic internal assessment for reviewing all
periodic internal assessment untuk mereviu seluruh aspek aspects of the Internal Audit activity and continuously monitors
dari kegiatan/aktivitas Internal Audit dan secara berkelanjutan the effectiveness level.
memonitor tingkat keefektifannya.
Disamping dilaksanakannya periodic internal assessment, untuk In addition to the implementation of periodic internal
memenuhi International Standards for the Professional Practice assessment, to comply with the International Standards for the
of Internal Auditing (“ISPPIA/Standar IIA”) yang menyatakan Professional Practice of Internal Auditing (“ISPPIA/Standard IIA”)
bahwa penilaian oleh pihak eksternal terhadap fungsi audit which states that the evaluation of the internal audit function
internal harus dilakukan sekurang-kurangnya sekali dalam 5 by external parties should be performed at least once in 5 (five)
(lima) tahun, Perusahaan telah menunjuk External Assessor years, the Company has appointed External Assessors to review
untuk me-review Divisi Internal Audit pada tahun 2006 dan the Internal Audit Division in 2006 and 2011. The reviews were
2011 yang masing-masing dilakukan oleh Ernst & Young dan carried out by Ernst & Young and PricewaterhouseCoopers and
PricewaterhouseCoopers dan juga pada tahun 2016 dilakukan also in 2016 conducted by Deloitte, where the overall Internal
oleh Deloitte dimana secara keseluruhan jika dibandingkan Audit practices in PT ANTAM Tbk are if compared to the IIA
dengan Standar IIA, praktik-praktik Audit Internal di PT ANTAM Standard: generally conform with the standards (International
Tbk adalah: umumnya sesuai (generally conform) dengan Standards for the Professional Practice of Internal Auditing). The
Standar tersebut (International Standards for the Professional IIA Quality Assessment Manual uses three level of satisfaction
Practice of Internal Auditing). Quality Assessment Manual IIA (based on best measurement), which are Generally Conforms,
menggunakan tiga tingkat rating pemenuhan (berdasarkan Partially Conforms and Does not Conforms.
urutan terbaik), yaitu Generally Conforms, Partially Conforms
dan Does not Conforms.
Kegiatan Pendampingan Counterparty

Pada tahun 2019 Internal Audit melakukan pendampingan In 2019 Internal Audit assisted some government agencies
kepada beberapa instansi pemerintah yaitu BPK RI, BPKP dan namely Indonesian Supreme Audit Institution, State Development
Bea Cukai dalam rangka pelaksanaan Pemantauan tindak lanjut Audit Agency and Directorate General of Customs and Excise
rekomendasi atas audit BPK RI 2018, pemeriksaan atas program in the framework of implementing the follow-up Monitoring of
yang didanai PMN oleh BPK RI, Penilaian Risk Maturity Holding the BPK RI 2018 audit, examination of PMN-funded programs by
Industri Pertambangan oleh BPKP, Reviu tata kelola Proyek BPK RI, Risk Maturity Holding Mining Industry by BPKP, Review of
Strategis Nasional (PSN) oleh BPKP dan audit kepabeanan dan National Strategic Project (PSN) governance by BPKP and customs
cukai oleh Bea Cukai. and excise audit by Directorate General of Customs and Excise.
Sistem Informasi Internal Audit Information System of The Internal Audit

Internal Audit telah meningkatkan Sistem Informasi Manajemen The Internal Audit has enhanced the Information System of
Audit (SIMA) dengan menggunakan aplikasi Sistem Manajemen Audit Management (SIMA) by using the Integrated System
Audit dan Review Terpadu (SMART) untuk mendukung Internal of Audit and Review Management (SMART) to support the
Audit dalam mengelola pelaksanaan audit dan review, mulai Internal Audit in managing the audit and review processes, from
dari perencanaan hingga pelaporan hasil audit dan review, serta planning to reporting of the results of audits and reviews, as well
melakukan monitoring terhadap tindak lanjut hasil audit. as monitoring the follow-up of the audit results.
Pengguna Aplikasi SMART

User of SMART Application
Audit Internal Direktur Utama Manajemen/Obyek Audit Direksi Dewan Komisaris

Internal Audit President Director Management/Audit Object Board of Directors /Komite Audit
Pengguna seluruh Approval dan Monitoring Tindak lanjut temuan Monitoring RPT, /Audit Committee
modul SMART RPT, temuan dan pemantauan dan monitoring temuan dan pemantauan
Users of all tindak lanjut tindak lanjut temuan tindak lanjut Monitoring tindak lanjut
SMART Modules Approval and Monitoring follow-up findings and Monitoring of RPT, findings temuan di Direktorat terkait
of RPT, audit findings and monitoring of follow-up and follow-up monitoring Monitoring of follow-up
follow-up findings findings in the relevant
Directorate
Sistem Pengendalian Intern

Pengendalian internal adalah proses yang dirancang dan Internal Control is a process that has been designed and
dijalankan oleh Dewan Komisaris, Direksi dan anggota executed by the Board of Commissioners, Board of Directors
manajemen lainnya serta seluruh personil Perusahaan, yang and other members of management and the entire personnel
ditujukan untuk memberikan keyakinan yang memadai atas of the Company, which is intended to provide reasonable
tercapainya efektivitas dan efisiensi operasi, keandalan pelaporan assurance of the achievement in the effectiveness and efficiency
keuangan, kepatuhan terhadap hukum dan peraturan yang of operations, reliability of financial reporting, compliance with
berlaku, serta penerapan mekanisme check and balance. the prevailing laws and regulations as well as check and balance
mechanism implementation.
Direksi sebagai organ Perusahaan yang bertanggung jawab The BOD as the company organ that is responsible for company’s
atas pengurusan Perusahaan harus memastikan bahwa fungsi management should ensure the availability and effectiveness of
pengendalian internal dan manajemen risiko telah tersedia dan internal control and risk management system, and that such
diterapkan pada semua aspek dan lini Perusahaan. system is adequately implemented in all aspects and level at the
Company.
Kebijakan Tata Kelola Perusahaan (Corporate Governance Policy/ Corporate Governance Policy (CGP) 2016 of ANTAM, points
CGP) ANTAM 2016 butir 2.8.3 menegaskan bahwa salah satu 2.8.3 stipulates that one of the functions of the Board of
fungsi Direksi dalam Pengendalian Internal (Internal Control) Directors in the internal control, states:
Perusahaan adalah:
1. Direksi harus menyusun dan melaksanakan sistem 1. The Board of Directors shall establish and implement a
pengendalian internal Perusahaan yang handal dalam reliable internal control system to preserve the Company’s
rangka menjaga kekayaan dan kinerja Perusahaan serta assets and performance as well as to comply to the laws and
memenuhi peraturan perundang-undangan; regulations;
2. Internal Audit melaksanakan pengujian dan review terhadap 2. Internal Audit conducts the tests and reviews of the internal
sistem pengendalian internal Perusahaan; control system;
3. Internal Audit melaporkan pelaksanaan tugasnya kepada 3. Internal Audit reports the execution of its duty to the
Direktur Utama; President Director;
4. Secara struktural Internal Audit bertanggung jawab kepada 4. Internal Audit is structurally responsible to the President
Direktur Utama dan mempunyai hubungan koordinasi Director and has a coordination relationship with the Audit
dengan Komite Audit. Committee.
Untuk menilai rancangan serta efektivitas pelaksanaan To ensure the implementation of internal control system,
Pengendalian Internal, Direksi didukung oleh Divisi Internal the BOD supported by Internal Audit Division, within the
Audit, yang dalam implementasinya selalu berkoordinasi dengan implementation always coordinate with the Audit Committee,
Komite Audit, guna memberikan keyakinan bahwa penerapan to provide assurance that the implementation of internal control
Pengendalian Internal telah sesuai dengan tujuan dan sasaran system is accordance with Company’s goals and objectives.
Perusahaan.
Evaluasi atas Efektivitas Sistem Pengendalian Evaluation of the Effectiveness of the Internal
Sesuai dengan Rencana Pemeriksaan Tahun 2019 (RPT 2019), In accordance with the 2019 Examination Plan (RPT), Internal
Internal Audit telah melakukan audit operasional di sejumlah Audit has conducted operational audits in several Business Units
Unit/Unit Bisnis dan beberapa entitas Anak Perusahaan, and several Subsidiaries, evaluations of the implementation
evaluasi atas penerapan manajemen risiko Perusahaan (oleh of the Company’s risk management (by external consultants),
konsultan eksternal), dan Audit atas Permintaan/Audit Khusus and Audits on Special Requests/Audits as already explained in
sebagaimana telah dijelaskan dalam Laporan Tahunan ini pada this Annual Report in the Internal Audit section - Report on the
bagian Internal Audit-Laporan Pelaksanaan Kegiatan Internal Implementation of Internal Audit Activities in 2019.
Audit Tahun 2019.
Pada tahun 2019 Internal Audit ANTAM telah melakukan In 2019, ANTAM’s Internal Audit has conducted an Internal
Evaluasi Pengendalian Internal pada setiap pelaksanaan audit Control Evaluation for each operational audit. Reports on
operasional. Laporan Hasil Audit Operasional selama tahun 2019 Operational Audit Results for 2019 totaling 5 assignments. From
sebanyak 5 penugasan. Dari ke 5 audit operasional tersebut the 5 operational audits, the Internal Audit considers that the
Internal Audit menilai bahwa sistem pengendalian internal di internal control system at PT ANTAM Tbk is adequate, however a
PT ANTAM Tbk sudah memadai namun demikian masih number of ongoing improvements are still needed by following
diperlukan sejumlah perbaikan yang berkelanjutan dengan up on the audit results.
menindaklanjuti rekomendasi hasil audit.
Evaluasi atas kecukupan efektivitas penerapan Pengendalian An evaluation of the adequacy of the effectiveness of
Internal di ANTAM merujuk ke kerangka yang diakui secara the application of Internal Control at ANTAM refers to an
internasional, yaitu COSO-Internal Control Framework yang juga internationally recognized framework, namely the COSO-
sejalan dengan cakupan yang diatur pada Peraturan Menteri Internal Control Framework which is also in line with the scope
Negara BUMN Nomor PER-01/MBU/11 yang terdiri atas 5 (lima) stipulated in SOE Ministerial Regulation Number PER-01/MBU/11
komponen yaitu: Lingkungan Pengendalian Intern, Kajian Risiko, consisting of 5 (five) components namely: Internal Control
Aktivitas Pengendalian, Sistem Informasi dan Komunikasi, serta Environment, Risk Assessment, Control Activities, Information
Pemantauan. and Communication Systems, and Monitoring.
ANTAM telah merancang dan memberlakukan sejumlah ANTAM has designed and enforced a number of policies and
kebijakan dan mekanisme yang terkait dengan kelima komponen mechanisms related to the five components of Internal Control
Pengendalian Internal tersebut di atas, antara lain: mentioned above, including:
Lima Komponen Pengendalian Internal Berbasis COSO dan PER-01/MBU/11 di ANTAM

Five Components of COSO Internal Control-Based and PER-01/MBU/11 in ANTAM
1. Lingkungan Pengendalian Intern 1. Internal Control Environment
a. Memberlakukan Standar Etika Perusahaan yang selalu direviu dan direvisi a. Apply the Corporate Code of Conduct that is always reviewed and
secara berkala. updated periodically.
b. Telah ada pembagian tugas dan kewenangan yang jelas dengan b. A clear division between tasks and authorities has been available following
diberlakukannya Charter Dewan Komisaris, Charter Direksi, dan Charter the implementation of the Charter of the Board of Commissioners, the
Komite Penunjang Dewan Komisaris. Board of Directors’ Charter, and Charter of Supporting Committee to the
c. Penyusunan Struktur Organisasi, Job Description dan RACI, matriks Board of Commissioners.
dirancang atas setiap proses bisnis dan unit untuk menciptakan tugas c. In preparing the Organizational Structure, Job Description, and RACI, the
dan kewenangan yang jelas. matrix is designed for every business process and unit to create clear tasks
d. Merancang mekanisme rekrutmen dan pengembangan pegawai and authorities.
berkelanjutan untuk mendukung pelaksanaan aktivitas di unit kerja. d. Designing the mechanisms of recruitment and sustainable employee
e. Menetapkan kebijakan-kebijakan terkait Human Capital. development to support the implementation of activities in the work unit.
e. Establish policies referred to Human Capital.
2. Kajian Risiko 2. Risk Assessment

a. Menetapkan tujuan Perusahaan secara keseluruhan berupa Rencana a. Defines the Company’s overall objectives in the form of Long-Term
Jangka Panjang Perusahaan (RJPP), Rencana Kerja dan Anggaran Corporate Planning (RJPP), the Corporate Work and Budget Plan (RKAP),
Perusahaan (RKAP), Sistem Manajemen Kinerja (SMK), Sistem Manajemen Work Performance Management System (SMK), Individual Performance
Unjuk Kerja (SMUK) dan target lainnya. Management System (SMUK) and other targets.
b. Memberlakukan dan menerapkan Kebijakan Manajemen Risiko sehingga b. Apply and implements the Risk Management Policy so that the Company
risiko dapat diidentifikasi, dianalisa, dan dirumuskan metode mitigasi can identify and analyze the risks and formulate the most efficient and
risiko yang paling efektif & efisien. effective risk mitigation methods.
c. Membangun aplikasi yang terkait manajemen risiko. c. Develops the applications related to risk management.
3. Aktivitas Pengendalian 3. Controlling Activities

a. Merancang dan memberlakukan Corporate Governance Policy, Kebijakan a. Designs and enacts the Corporate Governance Policy, Management
Perusahaan, SOP, WI, dan Form dalam melakukan aktivitasnya. Policy, SOP, WI, forms in their activities.
b. Membangun kontrol yang bersifat preventif dan detective, serta manual b. Establish the controls that are preventive and has the capability to detect
dan otomasi. manually and automatically.
c. Membangun sejumlah aplikasi/peralatan yang terkait Teknologi c. Develop some applications/equipment related to Information Technology
Informasi.
4. Sistem Informasi dan Komunikasi 4. Information and Communication System

a. Menetapkan mekanisme/alur pelaporan. a. Establish reporting lines/mechanism.
b. Menetapkan mekanisme komunikasi Internal dan Komunikasi Eksternal. b. Develop Internal and External Communication mechanism.
5. Pemantauan 5. Monitoring
a. Adanya evaluasi terus menerus dan terpisah yang dilakukan Internal a. Conducts continues and separate evaluation performed by the Internal
Audit atau fungsi-fungsi lain yang sejenis. Audit or other similar functions.
b. Adanya evaluasi yang dilakukan auditor eksternal. b. Conducts evaluation that is performed by an external auditor.
Selain kelima komponen di atas, ANTAM juga memberlakukan In addition to the five components above, ANTAM also applies a
mekanisme pelaporan atas dugaan penyimpangan sebagaimana reporting mechanism for alleged irregularities as mandated in the
diamanahkan pada peraturan Menteri Negara BUMN Nomor regulation of the Minister of State Owned Enterprises Number
PER-01/MBU/2011. Mekanisme tersebut adalah Mekanisme PER-01/MBU/2011. This mechanism is the Whistleblowing
Pengaduan (Whistleblowing System). Mekanisme ini System. This mechanism is implemented as an effort by ANTAM
diberlakukan sebagai upaya ANTAM untuk terus meningkatkan to continue to improve transparency and information disclosure
praktik transparansi dan keterbukaan informasi khususnya yang practices, especially those related to reporting violations by
terkait dengan pelaporan pelanggaran baik yang dilakukan oleh employees and the Company’s management. Further explanation
pegawai maupun manajemen Perusahaan. Adapun penjelasan regarding the Whistleblowing System is contained in this Annual
lebih lanjut terkait Whistleblowing System terdapat dalam Report section of the Whistleblowing System.
Laporan Tahunan ini bagian Whistleblowing System.
Manajemen Risiko
Manajemen Risiko
Pengelolaan Risiko Perusahaan dilaksanakan guna

Mengendalikan dan Memastikan Kesinambungan
Operasional Perusahaan di Masa Mendatang
Risk Management Implementation is Conducted
to Control and Ensure the Company’s Operational
Sustainability in the Future
ANTAM berkomitmen untuk mengelola semua risiko secara ANTAM is committed to manage all risks effectively and
efektif dan efisien serta memastikan kesinambungan dan efficiently and to ensure the core business sustainability and the
risiko pertumbuhan dari bisnis inti yang berkelanjutan melalui growing risk by managing risk proactively, focus on the most
pengelolaan risiko secara proaktif, berfokus pada risiko yang important risks, and pay attention to the allocation of capital
terpenting, dan memberikan perhatian terhadap alokasi modal in the control process. The Company’s risk management is
dalam proses pengendalian. Pengelolaan risiko Perusahaan performed in a coordinated and integrated manner.
dilakukan secara terkoordinasi dan terintegrasi.
Dalam melakukan pengawasan dan pengelolaan risiko bisnis In monitoring and managing the material business risks,
yang material, ANTAM memiliki Kebijakan Manajemen Risiko ANTAM has established Risk Management Policy based on
berdasarkan Surat Keputusan Direksi Nomor 1581.K/01/ the BOD Decree Number 1581.K/01/DAT/2019 signed on
DAT/2019 tanggal 10 September 2019. Kebijakan ini merupakan September 10, 2019. The Risk Management Policy is a result
pengkinian dari Kebijakan manajemen risiko sebelumnya of an evaluation of the previous Risk Management Policy which
yang disahkan pada tanggal 10 Desember 2016. Kebijakan was signed on December 10, 2016. Risk management policy
manajemen risiko digunakan untuk memastikan bahwa semua used to ensure that all levels of the Company’s management
level manajemen Perusahaan selalu mempertimbangkan aspek are always considering risk management aspects in carrying out
pengelolaan risiko dalam menjalankan proses pengambilan the decision-making process. Risk management policy aims to
keputusan. Kebijakan manajemen risiko bertujuan untuk enhance the risk-conscious culture by determining the stages
meningkatkan budaya sadar risiko dengan menetapkan of the risk management standard process applicable in the
tahapan-tahapan proses standar pengelolaan risiko yang berlaku Company.
di Perusahaan.
Saat ini, Kebijakan Manajemen Risiko telah mengadopsi standar The policy adopts ISO 31000 standards which comprises Risk
ISO 31000 yang terdiri dari Prinsip Manajemen Risiko, Kerangka Management Principle, Risk Management Framework, and Risk
Kerja Manajemen Risiko dan Proses Manajemen Risiko dan telah Management Process and has aligned with Risk Management
selaras dengan Pedoman Strategis Manajemen Risiko Holding Strategic Policy 2019 of Mining Industry Holding.
Industri Pertambangan Tahun 2019.
Strategi Manajemen Risiko Risk Management Strategy

Dalam mencapai visi dan misi pengelolaan risiko Perusahaan, In achieving the vision and mission of risk management of
diperlukan strategi manajemen risiko sebagai berikut: the Company, the following risk management strategies are
required:
Peningkatan Komitmen
Pimpinan dalam penerapan Manajemen Risiko
Increasing Top Management Commitment for Risk
Management Implementation Pengembangan Kompetensi secara
Berkelanjutan
Competency Development Sustainable
Pengembangan Budaya Sadar Risiko “Risk is

Everybody’s Business”
Developing Risk Awareness Culture “Risk is
Menjalin Koordinasi dengan Berbagai Pihak
Everybody’s Business”
dalam Pengelolaan Risiko
Coordinating with Various Parties in Risk
Management
Pengkomunikasian Kebijakan dan Konsultasi

Pengukuran dan Evaluasi Kinerja Berbasis Risiko Praktik Manajemen Risiko dengan
Risk-Based Performance Assessment and Evaluation Stakeholder
Communicating the Policy and Consulting
the Risk Management Practice with
Stakeholders
Struktur Organisasi Divisi Risk Management Organizational Structure of Risk Management

Division
Pengelolaan Manajemen Risiko melibatkan Divisi Risk In Managing the Risk Management involves the Risk Management
Management yang berada di bawah Direktur Utama berdasarkan Division that is under the President Director according to the
Keputusan Direksi Nomor 2239.K/0251/DAT/2019 tanggal Decree of the Board of Directors Number 2239.K/0251/DAT/2019
29 November 2019 tentang Susunan Organisasi Kantor Pusat dated November 29, 2019 about Organizational Structure of
ANTAM. Untuk pengelolaan risiko di Divisi Kantor Pusat/Unit/ ANTAM Head Office. For managing the risks in Head Office/
Unit Bisnis dan Proyek Pengembangan, Divisi Risk Management Unit/Business Unit and Development Project, Risk Management
dibantu Risk Unit Coordinator dan Risk Officer sedangkan Division is assisted by Risk Unit Coordinator and Risk Officer while
pengawasan pelaksanaan pengelolaan manajemen risiko supervision of risk management implementation is performed by
Perusahaan dilakukan oleh Divisi Internal Audit dan Komite Internal Audit Division and Risk Management Committee.
Manajemen Risiko.
Dewan Komisaris Direktur Utama

Board of Commissioners President Director
Komite Manajemen Risk Management Division Internal Audit Division

Risiko
Risk Management
Committee
Vice President Risk Management
Divisi di Kantor Pusat
Division at Head Office
Opr Risk Mng.
Portofolio Risk
Senior Specialist Unit/Unit Bisnis
Opr. Risk Spec 1 Unit/Business Unit
Opr. Risk Spec 2
Anak Perusahaan
Subsidiary
Risk Coordinator/Risk Officer
Proyek Pengembangan
Development Project
Profil VP Risk Management

VP Risk Management Profile
Sutejo Arifin, S.Kom

Vice President of Risk Management

Citizenship
Sarjana Teknik Informatika, Universitas Bina Nusantara (2003) Bachelor of Informatics Engineering, Bina Nusantara University
Indonesia (2003)

Age Keputusan Direksi No. 263.K/7333/DAT/2019 tanggal 6 Maret Board of Directors’ Decree No. 263.K/7333/DAT/2019 dated
2019 March 6, 2019
49 tahun • Pengalaman Kerja • Working Experiences
per 31 Desember 2019 1. Lead Auditor (2018-2019) 1. Lead Auditor (2018-2019)
as of December 31, 2019 2. Audit and Consulting Manager (2015-2018) 2. Audit and Consulting Manager (2015-2018)
Tidak memiliki rangkap jabatan Do not have concurrent position
Tempat & Tanggal Lahir
Place & Date of Birth
Jakarta, 10 Oktober 1970

Jakarta, October 10,1970
Alur Pengangkatan dan Pemberhentian VP Risk Management

Mechanism of Appointment and Dismissal of VP Risk Management
01 02 03
Menyampaikan Laporan
Mengenai Pengangkatan/
Pemberhentian VP Risk
Management kepada seluruh
jajaran management (SVP/
Pengajuan usulan suksesi
Penetapan pengangkatan/ VP) perusahaan dan apabila
VP Risk Management oleh
pemberhentian melalui diperlukan kepada seluruh
HCM Division kepada
Surat Keputusan Direksi pegawai melalui mekansime
Direksi
serah terima jabatan
Decision of the Appointment/
Submission of a proposal
Dismissal by the Decree of the Submitting Reports on
for succession of VP Risk
Board of Directors Appointment/ Dismissal of VP
Management by HCM Division
Risk Management to all levels
to the Board of Directors
of management (SVP/VP) of
the company and if needed
to all employees through the
mechanism of hand over of a
position
Jumlah Personil, Kualifikasi Serta Sertifikasi Number of Personnel, Qualification and

Divisi Risk Management Certification of Risk Management Division
Dalam menjalankan fungsi pengelolaan risiko, per 31 Desember In performing the risk management function, as per December
2019, Divisi Risk Management memiliki 8 (delapan) personil 31, 2019, the Risk Management Division has 8 (eight) personnel
dengan kualifikasi sebagai berikut: with the qualifications as follows:
Nama Jabatan Background Pendidikan Sertifikasi

No.
Name Position Education Background Certification
1. Sutejo Arifin VP Risk Management Sarjana Teknik Informatika (S1), Universitas Bina Nusantara Certified Information System
(2003) Auditor (CISA)
Bachelor of Informatics Engineering, Bina Nusantara
University (2003)
2. Pande Ketut Rheynaldi Portfolio Risk Senior Sarjana Teknik Pertambangan (S1), Universitas Pembangunan Certified Risk Management
Specialist Negeri Veteran (2002) Professional (CRMP)
Bachelor of Mining Engineering, UPN Veteran (2002)
3. Subarwan Sakoy Operational Risk Manager 1. Sarjana Peternakan (S1), Universitas Hasanuddin (1992) Association of Risk
2. Sarjana Ilmu Hukum (S1), Universitas Sulawesi Tenggara Management Practitioners
(2015) (ARMP )
3. Magister Management (S2), Universitas Haluoleo (2010)
1. Bachelor of Animal Husbandry, University of Hasanuddin
(1992)
2. Bachelor of Law, University of Southeast Sulawesi (2015)
3. Master of Management, University of Haluoleo (2010)
4. Rizki Adriza Operational Risk Senior Sarjana Teknik Mesin (S1), Universitas Gadjah Mada (2003) Business Continuity
Specialist Bachelor of Mechanical Engineering, University of Gadjah Management Certified
Mada (2003) Professional (BCMCP)
5. Nolasari Nurinalita Portfolio Risk Senior 1. Sarjana Teknik Industri (S1), Institut Teknologi Nasional CRMP, BCMCP, Enterprise
Specialist (2001) Risk Management Associate
2. Magister Management (S2), Universitas Indonesia (2007) Professional (ERMAP)
1. Bachelor of Industrial Engineering, National Technology
Institute (2001)
2. Master of Management, University of Indonesia (2007)
6 Febri Yenti Operational Risk Specialist Akademi Kimia Analis Bogor (D3) (1992) -
Diploma of Chemical Analyst, Academy of Chemical Analyst
Bogor (1992)
7 Dipo Maulana A.S. Portfolio Risk Specialist Sarjana Teknik Industri (S1), Universitas Hasanuddin (2006) CRMP
Bachelor of Industrial Engineering, University of Hasanuddin
(2006)
8 Wahyu Diyan Puspianto Operational Risk Specialist Sarjana Teknik Sipil (S1), Universitas Gadjah Mada (2002) BCMCP
Bachelor of Civil Engineering, University of Gadjah Mada
(2002)
Program Pengembangan Kapabilitas Sumber Programs for Capability Development of the Risk
Daya Manusia (SDM) Manajemen Risiko Management Human Resources (HR)
Dalam meningkatkan kualitas personil Divisi Risk Management For enhancing the quality of Risk Management Division personnel
sesuai dengan kebutuhan untuk pelaksanaan tugas manajemen in accordance with the need for Risk Management duties, in
risiko, di tahun 2019 personil Manajemen Risiko telah mengikuti 2019 Risk Management personnel have attended various
berbagai program pengembangan kapabilitas dalam rangka capability development programs to improve their knowledge
meningkatkan pengetahuan dan kemampuan, antara lain: and capabilities, including:
Waktu Pelaksanaan Training Penyelenggara Jumlah Personil yang Mengikuti

Date of Training Organizer Number of Personnel Who Attend
1. Enterprise Risk Management Training Jakarta, 10-12 April 2019 CRMS Indonesia 35
& Certification Jakarta, April 10-12, 2019
2. Business Continuity Management Jakarta, 23-27 September 2019 RAP Asia Consulting 4
Certified Professional Jakarta, September 23-27, 2019
Peran dan Tanggung Jawab Divisi Risk Management: Roles and Responsibilities of Risk Management Division:
1. Menyusun strategi, kebijakan dan program pengelolaan 1. Develop strategies, policies and risk management programs
risiko Perusahaan guna mengendalikan dan memastikan for the Company to control and ensure the company’s
kesinambungan operasi dan bisnis Perusahaan di masa operation and business sustainability in the future;
depan; 2. Supervising and coordinating the Risk & Control Self-
2. Melakukan supervisi dan mengkoordinasi proses Risk & Assessment (RCSA) process on all operational activities of
Control Self-Assessment (RCSA) terhadap seluruh kegiatan the Company in Head Office/Units/Business Units and all
operasional Perusahaan di lingkungan Kantor Pusat/Unit/Unit projects or strategic initiatives. RCSA process was conducted
Bisnis dan seluruh proyek atau inisiatif strategis. Proses RCSA on subsidiaries and Supporting Unit, if requested by
dilakukan terhadap Anak Perusahaan dan Unit Pendukung, Company’s Management;
jika ada permintaan dari manajemen Perusahaan; 3. Performing Loss Event Management (LEM) process by
3. Melakukan proses Loss Event Management (LEM) yang collecting data and evaluating the events which cause
berupa pengumpulan data dan evaluasi terhadap kejadian financial and non-financial losses as well as its necessary
yang menimbulkan kerugian finansial dan non-finansial follow-up actions;
serta langkah-langkah tindak lanjut yang diperlukan; 4. Managing Key Risk Indicator (KRI) as an early warning to
4. Mengelola Key Risk Indicator (KRI) sebagai early warning anticipate the risks that may affect the achievement of the
untuk mengantisipasi terjadinya risiko yang dapat strategic objectives of the Company;
berpengaruh pada pencapaian tujuan strategis Perusahaan; 5. Conducting special assessments for strategic initiatives/new
5. Melakukan kajian-kajian khusus untuk inisiatif strategis/ projects in accordance with management request to support
proyek baru sesuai dengan permintaan manajemen untuk decision making process;
menunjang pengambilan keputusan; 6. Providing recommendations or inputs for long-term and
6. Memberikan pertimbangan/masukan untuk faktor risiko short-term strategic risk factors and operations in preparing
strategis dan operasional jangka panjang maupun jangka the Company’s management policy;
pendek dalam penyusunan management policy Perusahaan; 7. Ensure Annual Work Plan and Budget drafting in all Unit/
7. Memastikan penyusunan RKAP di setiap Unit/Unit Bisnis, Business Unit, Division, Development Project and Subsidiaries
Divisi, Proyek Pengembangan dan Anak Perusahaan telah have considered risk factor; and
mempertimbangkan faktor risiko; dan 8. Managing risks to potential disasters that can disrupt the
8. Mengelola risiko terhadap potensi bencana yang dapat sustainability of the company’s business through the concept
mengganggu keberlanjutan bisnis perusahaan melalui of Business Continuity Management.
konsep Business Continuity Management.
Sistem Informasi Manajemen Risiko Risk Management Information System

Perusahaan mengembangkan suatu sistem Manajemen Risiko The Company has developed an enterprise risk management
Perusahaan yang disebut dengan ANTAM Risk Management system called ANTAM Risk Management System (ARMS) to
System (ARMS) dalam mendukung proses pengelolaan risiko. ARMS support the risk management process. ARMS is an information
merupakan sistem informasi bagi Perusahaan untuk melakukan system for the Company to conduct the risk management
proses pengelolaan risiko yang dapat membantu komunikasi secara process that can assist to communicate effectively with all
efektif pada semua Stakeholder risiko Perusahaan. Adanya alur Stakeholders about the risk of the Company. The existence of
informasi dan komunikasi ini berguna dalam proses identifikasi, information and communication flow is useful in the processes of
penilaian dan respon risiko sehingga membantu dalam pencapaian identification, assessment and risk response to assist in achieving
visi dan misi Manajemen Risiko Perusahaan. Ruang lingkup ARMS the vision and mission of Corporate Risk Management. The
mencakup 4 (empat) hal pokok yaitu RCSA, KRI, LEM, dan Kajian scope of ARMS includes 4 (four) main points, namely RCSA, KRI,
Risiko. Reviu dan pengembangan sistem ARMS dilakukan secara LEM, and Risk Analysis. ARMS review and system development
periodik sesuai dengan mekanisme yang berlaku sesuai kebutuhan. done periodically related to applicable mechanism as needed.
ARMS digunakan di seluruh lingkungan Perusahaan meliputi Divisi ARMS is used throughout the Company’s including Divisions and
dan Biro pada Kantor Pusat/Unit/Unit Bisnis dan Proyek sebagai Bureaus at the Head Office/Units/Business Units and Project as a
perangkat untuk membantu pelaksanaan Manajemen Risiko. tool for assisting the implementation of Risk Management.
Seluruh data yang masuk ke dalam sistem ARMS telah diverifikasi All data entered in ARMS system has been verified and validated
dan divalidasi secara bertingkat mulai dari Risk Officer, Risk in stages starting from Risk Officer, Risk Owner up to authorized
Owner hingga pejabat berwenang. Persetujuan profil risiko officer. The approval of risk profiles through ARMS applications
melalui aplikasi ARMS memiliki kekuatan yang sama dengan has the same power as a manual signature.
tanda tangan manual.
Informasi yang dihasilkan melalui ARMS akan digunakan oleh Information generated through the ARMS will be used by the
Divisi Internal Audit dalam membantu pelaksanaan proses audit Internal Audit Division in assisting the implementation of the
berdasarkan risiko (Risk Based Audit). audit process based on risks (Risk Based Audit).
RCSA LEM KRI

Risk & Control Loss Event Management Key Risk Indicator RISK ANALYSIS
Self-Assessment
• Identifikasi dan assessment • Inventarisasi data kerugian • Sebagai early warning • Penyusunan analisis risiko
risiko korporat secara (financial and non financial) system suatu kondisi yang berdasarkan permintaan
sistematis dan periodik audited mengarah pada limit dari User (Divisi, Unit/Unit
berdasarkan pada aktivitas/ • Analisa kondisi dan upaya- tertentu Bisnis)
proses bisnis upaya yang telah dilakukan • Terukur, dapat ditelusuri • Analisis risiko dalam
• Dilakukan secara • Knowledge management dengan mudah dan pengambilan keputusan
terintegrasi berbasis pada antar fungsi dan level mengarah pada penyebab terkait aksi korporasi atau
teknologi informasi manajemen risiko yang dapat dikontrol inisiatif strategi perusahaan
• Analisa kajian risiko untuk oleh perusahaan
kondisi/kasus • Data of loss inventarization • Di update secara kontinyu • Preparation of risk analysis
(financial and non financial) sesuai karakteristik indikator upon request from the User
• Identification and audited (Division, Unit/Unit Business)
assessment of corporate • Analysis of the conditions • As an early warning system • Risk analysis in decision-
risk systematically and and the effort that has been for a condition that leads to making related to corporate
periodically based on the acted a certain limit action or strategy initiative
activity/business process • Knowledge management • Measurable, can be traced of the company
• Conduct cohesively on among functions and levels easily and lead to the
Information technology of management risk caused that can be
based controlled by the company
• Analysis of risk assessment • Updated continuously based
for special condition/case on indicators characteristics
Evaluasi Kinerja Divisi Risk Management Performance Evaluation of Risk Management

Division
Kinerja Divisi Risk Management diukur dan dinilai dari The performance of Risk Management Division is measured and
pencapaian Key Performance Indicator (KPI) yang dinilai secara assessed according to the achievement of its Key Performance
tahunan dan merupakan bentuk kontrak manajemen antara VP Indicator (KPI) which is evaluated annually and constitutes as
Risk Management dengan Direktur Utama. Beberapa Indikator a management contract between VP Risk Management and
Utama dalam KPI Divisi Risk Management adalah sebagai President Director. Some Key Indicators of Risk Management
berikut: Division are:
1. Implementasi Risk Based Budgeting 1. Risk Based Budgeting Implementation
2. Risk Maturity Index 2. Risk Maturity Index
3. Risk & Portfolio Analysis 3. Risk & Portfolio Analysis
4. Reviu Management Policy 4. Management Policy Review
5. Inisiasi Business Continuity Management 5. Business Continuity Management Initiation
Berdasarkan realisasi kinerja, rata-rata pencapaian Key Based on the performance realization, average achievement of
Performance Indicator (KPI) Divisi Risk Management pada tahun Key Performance Indicator (KPI) of Risk Management Division in
2019 sebesar 108,17%. 2019 is 108.17%.
Risiko-Risiko Utama Perusahaan The Company’s Key Risks

Melalui proses RCSA, Divisi Risk Management memperoleh peta RSCA process shall provide the Risk Management Division with
seluruh risiko Perusahaan. Selanjutnya Divisi Risk Management a map of all Company’s risks. Furthermore, Risk Management
menentukan risiko-risiko yang berpengaruh signifikan terhadap Division shall determine the risks that have significant impact
arah Perusahaan yang terangkum dalam Risk That Matter (RTM). on the Company’s direction as summarized in Risk That Matter
RTM diperoleh dari pendekatan bottom up dan top down. (RTM). RTM is obtained from bottom up and top down approach.
Risk That Matter 2019

No. Risk Type Risk Issue Risk Treatment
1. Risiko Stratejik Ketidaksesuaian 1. Melakukan evaluasi dan monitoring secara ketat ke pihak Konsorsium EPC.
Strategic Risk deliverable proyek 2. Memberikan early warning kepada konsorsium kontraktor terkait adanya indikasi wanprestasi
pembangunan Pabrik yang telah diidentifikasi.
Feni Halmahera Timur, 1. Evaluation and monitoring to the EPC Consortium to ensure the acceleration of completion of
Pembangkit Tenaga construction of the plant.
Listrik & Infrastruktur
2. Give an early warning to the consortium of contractors regarding the indication of defaults that
Pendukung
The incompatibility of have been identified.
project deliverable for the
construction of the FeNi
Halmahera Plant Project,
Power Plant & Supporting
Infrastructure
2. Risiko Stratejik Adanya kondisi 1. Mengoptimalkan cost parameter yang berdampak pada penilaian proyek serta melakukan
Strategic Risk ketidakpastian yang pemilihan teknologi yang efisien.
tinggi atas kelayakan 2. Melakukan penjajakan kembali dengan Mitra strategis yang lain yang memiliki pengalaman dalam
proyek SGAR teknologi SGA refinery.
There is a high degree 3. Percepatan pemenuhan target pembebasan lahan.
of uncertainty over the 1. Optimizing the cost parameters that have an impact on project appraisal and make efficient
eligibility of the SGAR
technology choices.
project
2. Reexamining other strategic partners who have experience in SGA refinery technology.
3. Accelerating the target of fulfilling land acquisition.
3. Risiko Stratejik Tidak tercapainya target 1. Meningkatkan koordinasi antara Anak Perusahaan dan Mitra Kerja untuk meningkatkan kinerja.
Strategic Risk Laba Anak Perusahaan, 2. Memastikan kualitas produk yang akan dikirimkan sesuai dengan spesifikasi.
Laba Entitas Asosiasi, dan 3. Meningkatkan kestabilan dan kontinuitas operasi.
Rugi Ventura 4. Optimalisasi produksi & penjualan selective grade produk yang memberikan margin besar.
Not achieving the target 5. Mencari business partner yang sesuai dan dapat mengisi gap kompetensi khususnya pada aspek
of Subsidiary Profit, Profit operasional dan pemasaran.
of Associate Entity, and
6. Melakukan upaya efisiensi serta perencanaan penambangan dan produksi.
Joint Venture Loses
7. Mencari sumber pendapatan lain melalui alternative market.
1. Improve coordination between subsidiaries and partners to increase performance.
2. Ensuring the quality of products to be delivered according to specifications.
3. Increase the stability and continuity of operations.
4. Optimizing production & sales of selective grade products that provide large margins.
5. Looking for a suitable business partner and can fill the competency gap, especially in operational
and marketing aspects.
6. Carry out efficiency efforts as well as mining and production planning.
7. Looking for other sources of income through alternative markets.
4. Risiko Stratejik Keberlangsungan 1. Melakukan koordinasi dan komunikasi dengan semua Stakeholder terkait tentang Peraturan dan
Strategic Risk portofolio bisnis Perundang-undangan.
penambangan emas 2. Melakukan review dan evaluasi pada setiap tahap pengumpulan data Informasi.
Sustainability of the gold 3. Melakukan pemodelan geologi secara keseluruhan di area Izin Usaha Pertambangan (IUP).
mining business portfolio 4. Evaluasi sumber daya yang dapat dikonversi menjadi cadangan yang akan dilakukan oleh pihak
internal.
5. Melakukan kerja sama eksplorasi dalam negeri maupun luar negeri serta menjajaki kerja sama
dalam bidang bisnis pertambangan komoditas Emas.
1. Coordinating and communicating with all relevant Stakeholders regarding prevailing laws and
regulations.
2. Conduct a review and evaluation at each stage of information data collection.
3. Perform overall geological modeling in the IUP area.
4. Evaluation of resources that can be converted into reserves which will be carried out by internal
parties.
5. Conducting exploration cooperation in the country and abroad as well as exploring cooperation in
the field of gold commodity mining business.
5. Risiko Likuiditas Penurunan cash flow 1. Memaksimalkan cost reduction program di semua Unit/Unit Bisnis untuk menurunkan biaya
Risiko Operasional ANTAM operasional.
Liquidity Risk ANTAM's cash flow 2. Mengklasifikasikan penggunaan dana sesuai mata uang dengan melakukan natural hedging.
Operational Risk reduction 3. Kerja sama distribusi/channeling penjualan produk Logam Mulia dengan BUMN maupun
perusahaan lain.
4. Memastikan bahwa seluruh pengeluaran terkait kewajiban tidak melebihi anggaran yang telah
ditetapkan.
5. Memastikan pembayaran kewajiban antara lain piutang atau denda oleh pihak ketiga dapat
diselesaikan tepat waktu.
6. Melakukan review dan evaluasi atas kecukupan dan efektivitas pengendalian internal perusahaan
untuk mengantisipasi potensi kerugian dari faktor internal maupun eksternal.
1. Maximizing cost reduction program in all Units/Business Units to reduce operational costs.
2. Classifying the use of funds according to currency by doing natural hedging.
3. Cooperation in distribution/channeling of precious metal product sales with State Owned
Enterprise and other companies.
4. Ensuring that all expenses related to obligations do not exceed the stipulated budget.
5. Ensuring payment of obligations including account receivables or fines by third parties can be
settled on time.
6. Reviewing and evaluating the adequacy and effectiveness of the company's internal controls to
anticipate potential losses from internal and external factors.
6. Risiko Stratejik Belum optimalnya Upaya mencari partner strategis yang lebih mengarah kepada produk hilir dan dapat menghasilkan
Strategic Risk arah kerja sama untuk nilai tambah bagi ANTAM.
menghasilkan nilai Find strategic partners to directed towards downstream products and give added value for ANTAM.
tambah bagi ANTAM
The direction of
cooperation is not yet
optimal to produce
added value for ANTAM
7. Risiko Operasional Tidak tercapainya target 1. Menyediakan sparepart untuk critical equipment, melakukan preventive maintenance, dan
Operational Risk produksi FeNi dan Bijih monitoring kondisi peralatan, menjaga kestabilan operasi dan monitoring kondisi pabrik.
Nikel 2. Mencari alternative sumber bahan baku umpan pabrik serta melakukan long term contract sesuai
Unachieved of FeNi & dengan perencanaan produksi.
Nickel ore production 3. Memastikan terlaksananya rencana investasi untuk meningkatkan produksi yang telah
target dianggarkan.
4. Meningkatkan koordinasi & pengawasan atas kinerja Kontraktor.
5. percepatan pengurusan aspek perizinan dengan menyesuaikan rencana penambangan.
1. Providing sparepart for critical equipment, do preventive maintenance and monitoring condition of
equipment to maintain operating stability and monitoring plant condition.
2. Finding alternative raw material source for plant feed as well as make long term contract related to
production plan.
3. Ensure the implementation of investment plan to increase the budgeted production.
4. Intensify coordination and monitoring of Contractor performance.
5. Acceleration of permits aspect management by adjusting the development plan.
8. Risiko Operasional Tidak tercapainya target 1. Menyediakan sparepart untuk critical equipment, melakukan preventive maintenance, dan
Operational Risk produksi Bijih Nikel monitoring kondisi peralatan secara berkala.
Unachieved of Nickel Ore 2. UBP Nikel Maluku Utara harus bekerja sama dengan Divisi Human Capital Management dan P3FH
production target untuk memastikan kecukupan tenaga kerja.
3. Melakukan koordinasi dengan Unit Geomin and Technology Development untuk memperoleh
informasi yang jelas dan komprehensif terkait cadangan.
4. Optimasi cadangan di IUP ANTAM UBP Nikel Maluku Utara.
5. Mengoptimalkan koordinasi dan monitoring antara UBP Nikel Maluku Utara dan Mitra Kerja untuk
meningkatkan kinerja kontraktor.
1. Provide spare parts for important equipment, carry out preventive maintenance, and monitor the
condition of the equipment regularly.
2. North Maluku Nickel Mining Business Unit must cooperate with Human Capital Management
Division and P3FH to ensure the adequacy of manpower.
3. Coordinate with Geomin and Technology Development Unit to obtain clear information regarding
reserve.
4. Optimization of reserves in ANTAM IUP in North Maluku Nickel Mining Business Unit.
5. Optimizing coordination and monitoring between North Maluku Nickel Mining Business Unit and
Partners to improve contractor’s performance.
9. Risiko Operasional Tidak tercapainya target 1. Mengantisipasi air limpasan dan adanya upaya penambahan umur sediment pond.
Operational Risk produksi Bauksit 2. Meningkatkan koordinasi antara UBP Bauksit Kalimantan Barat dan Mitra Kerja untuk
Unachieved of Bauxite meningkatkan kinerja kontraktor.
production target 3. Melakukan komunikasi intensif dengan pemilik lahan melalui Tim Pembebasan Lahan.
4. Melakukan komunikasi intensif dan koordinasi dengan satuan kerja Procurement and Material
Management terkait progress pengadaan jasa sewa alat berat.
1. Anticipating runoff water and efforts to increase the age of sediment ponds.
2. Improve coordination between West Kalimantan Bauxite Mining Business Unit and Partners to
improve contractor performance.
3. Conduct intensive communication with landowners through the Land Acquisition Team.
4. Conduct intensive communication and coordination with Procurement and Material Management
work unit related to the progress of procurement of heavy equipment rental services.
10. Risiko Operasional Tidak tercapainya target 1. Peningkatan front untuk proses backfilling di dalam tambang.
Operational Risk produksi emas 2. Menyusun penjadwalan preventif maintenance untuk critical machine.
Unachieved of gold 3. Manajemen spare part/spare unit pada kritikal mesin.
production target 1. Increasing the front for the mining backfilling process.
2. Arranging preventive maintenance schedule for critical machines.
3. Management of spare parts/spare units on critical machines.
11. Risiko Operasional Tidak tercapainya target 1. Perbaikan metode sampling untuk memastikan kesesuaian kualitas produk dengan kontrak.
Operational Risk penjualan bijih nikel dan 2. Treatment terhadap moisture content produk di stockyard.
bijih bauksit 3. Penyelesaian kelengkapan yang menjadi persyaratan pengajuan Surat Penetapan Ekspor.
Unachieved of bauxite 1. Improving sampling methods to ensure product quality is in conformity with the contract.
ore and nickel ore sales 2. Treatment of product moisture content in the stockyard.
target 3. Completing all requirements for submission of Export Declaration Letter.
12. Risiko Operasional Tidak tercapainya target 1. Evaluasi rutin atas efektivitas penggunaan modal kerja.
Operational Risk laba UBPP Logam Mulia 2. Efisiensi produksi untuk menekan biaya Harga Pokok Penjualan (HPP).
Unachieved profit 3. Menyediakan sparepart untuk critical equipment.
target of Precious Metal 4. Memastikan terlaksananya rencana investasi.
Processing and Refinery 1. Regular evaluation of the effectiveness of working capital use.
Business Unit 2. Production efficiency to reduce the cost of COGS.
3. Provide spare parts for critical equipment.
4. Ensuring the implementation of investment plans.
13. Risiko Operasional Kenaikan biaya 1. Mencari supplier lokal untuk bahan-bahan import dengan menetapkan standar yang sesuai.
Operational Risk operasional Bijih Nikel, 2. Melakukan renegosiasi nilai kontrak pengadaan bahan.
FeNi, dan Emas 3. Melakukan proses pengadaan baru atau negosiasi kontrak dengan menetapkan target sama atau
Increase in operating lebih rendah dari periode tahun sebelumnya.
production costs for 1. Look for local suppliers for imported materials by setting appropriate standards.
Nickel Ore, FeNi and Gold 2. Renegotiate the value of the material procurement contract.
3. Carrying out a new procurement process or contract negotiations by setting targets equal to or
lower than the previous year period.
14. Risiko Kepatuhan Terjadinya permasalahan 1. Melakukan update kepada Dinas terkait mengenai perubahan status kawasan hutan.
Compliance Risk terkait Izin Usaha 2. Menempuh jalur hukum untuk mempertahankan batas-batas IUP ANTAM.
Pertambangan (IUP) 3. Menjaga hubungan baik dengan Stakeholder dan masyarakat di wilayah operasi ANTAM.
ANTAM 4. Menjajaki peluang kerja sama dengan pemilik lahan dengan tetap mempertimbangkan cost &
Problems occur regarding benefit.
ANTAM's IUP 1. Conduct an update to the related Agencies regarding changes in the status of the forest area.
2. Take the legal actions to maintain the boundaries of ANTAM's IUP.
3. Maintaining good relations with Stakeholders and the community in ANTAM's operational areas.
4. Explore opportunities for cooperation with landowners while still considering costs & benefits.
15. Risiko Kepatuhan Tidak terpenuhinya 1. Melakukan koordinasi dengan Dinas terkait mengenai rencana perubahan Analisis Mengenai
Risiko Operasional kepatuhan terhadap Dampak Lingkungan (AMDAL) Pabrik dan Tambang.
Compliance Risk regulasi 2. Mengusulkan pembentukan fungsi khusus untuk mengkoordinir semua proses pengurusan ijin.
Operational Risk Non-compliance with 3. Memastikan proses perpanjangan perijinan tidak melewati batas waktu minimal yang telah
regulations ditetapkan.
1. Coordinate with related agencies regarding the planned changes to the Factory and Mining
Environmental Impact Analysis.
2. Propose the establishment of special functions to coordinate all permit management processes.
3. Ensuring the permit renewal process does not exceed the minimum time limit that has been set.
Inisiasi Business Continuity Management Business Continuity Management Initiation

Business Disruptions menggambarkan suatu kondisi genting Business Disruptions describe a precarious condition that is
yang dipicu oleh suatu peristiwa atau rangkaian peristiwa yang triggered by an event or series of events that are at risk, have
berisiko, berdampak besar, serta berpotensi menghambat atau a large impact, and have the potential to hinder or even stop
bahkan menghentikan kegiatan usaha. Terkait dengan itu, business activities. In this regard, the Company needs to design
Perusahaan perlu mendesain prosedur atau tata kelola bisnis business procedures or governance to deal effectively with the
untuk penanggulangan dampak business disruptions secara impact of business disruptions.
efektif.
Dalam kegiatan operasional Perseroan, business disruptions In the Company’s operational activities, business disruptions that
yang berdampak fatal terhadap keberlangsungan usaha dapat have a fatal impact on business continuity can occur at any time.
sewaktu-waktu terjadi. Untuk menghadapi peristiwa-peristiwa To deal with catastrophic events, it is necessary to establish a
yang bersifat catastrophic, perlu didirikan suatu unit respons response unit whose duty is to deal with and mitigate disaster
yang bertugas untuk menghadapi dan memitigasi risiko bencana risks experienced by the Company.
yang dialami Perusahaan.
ANTAM menginisiasi Kebijakan Business Continuity Management ANTAM initiated a Business Continuity Management (BCM)
(BCM) yang bertugas untuk menyusun detail prosedur bagi Policy which responsible to prepare detailed procedures for
Perusahaan dalam menghadapi potensi bahaya, bencana the Company in dealing with potential hazards, disasters, and
(disaster), serta kondisi di luar normal lainnya atau keadaan other conditions outside normal or force majeure that have the
kahar (force majeure) yang berpotensi mengganggu kegiatan potential to disrupt operational activities. Force majeure that can
operasional. Keadaan kahar yang dapat berisiko menghambat risk hindering or even stopping business activities includes:
keberlangsungan atau bahkan menghentikan aktivitas usaha di
antaranya:
1. Natural Force Majeure: Banjir, kebakaran, gempa bumi, 1. Natural Force Majeure: Floods, fires, earthquakes, volcanoes
gunung meletus; eruption;
2. Technical Force Majeure: Kegagalan pasokan listrik, 2. Technical Force Majeure: Failure of electricity supply, failure
kegagalan sistem pendingin, dan lain sebagainya; of the cooling system, etc;
3. Social Force Majeure: Unjuk rasa, pemogokan, dan aksi 3. Social Force Majeure: Demonstrations, strikes and mass
massal; actions;
4. Political Force Majeure: Pemogokan, embargo ekonomi, 4. Political Force Majeure: Strikes, economic embargoes,
terbitnya kebijakan yang dapat mengganggu aktivitas issuance of policies that can disrupt the Company’s activities,
Perusahaan, dan sebagainya; etc;
5. Economic Force Majeure: Krisis moneter atau anjloknya 5. Economic Force Majeure: Monetary crisis or falling
harga komoditas di pasar global; commodity prices on global markets;
6. Adanya penyebaran wabah penyakit di sekitar wilayah 6. The Spread of Disease outbreaks around the Company’s
operasi Perusahaan; dan operational areas; and
7. Man-made Disaster: Sabotase, peperangan, serangan 7. Man-made Disaster: Sabotage, warfare, terrorist attacks,
teroris, kerusuhan, dan pembajakan data. riots, and data piracy.
Pada tahun 2019, Divisi Risk Management telah melakukan In 2019, Risk Management Division initiated the implementation
inisiasi penerapan BCM dengan menyusun draft Kebijakan of BCM by drafting a Business Continuity Management Policy
Business Continuity Management yang merupakan tahapan which is a step in building the Company’s resilience and
dalam membangun peningkatan ketahanan dan keberlanjutan sustainability. The BCM policy is a reference for the preparation
Perusahaan. Kebijakan BCM merupakan acuan bagi penyusunan of the Business Continuity Plan (BCP).
Business Continuity Plan (BCP).
Pengembangan BCP akan disusun sesuai dengan proses bisnis The development of BCP will be arranged in accordance with
dan karakteristik di setiap Unit, Unit Bisnis dan Kantor Pusat. business processes and characteristics in each Unit, Business Unit
Penerapan BCM di Perusahaan berfokus pada keselamatan and Head Office. The application of BCM in the Company focuses
pegawai, meminimalisir kerugian, dan keberlanjutan kegiatan on employee safety, minimizing losses, and the sustainability of
operasional utama Perusahaan. ANTAM menyadari pentingnya the Company’s main operational activities. ANTAM realizes the
melakukan integrasi BCM dengan aktivitas bisnis di lingkungan importance of integrating BCM with business activities in the
Kantor Pusat/Unit/Unit Bisnis demi meminimalisir dampak dan Head Office/Unit/Business Unit environment to minimize the
kerugian Perusahaan dari business disruptions serta kendala impact and loss of the Company from business disruptions and
lainnya. other obstacles.
Milestone Penyusunan BCM ANTAM ANTAM BCM Development Milestone
Pemetaan
Pelaksanaan Penyusunan
kondisi
Business Business Business
Perusahaan &
Pengesahan Impact Risk Continuity Continuity Testing &
Penyusunan draft
Kebijakan BCM Analysis Assessment Strategy Plan Improvement
Kebijakan BCM
Ratification Implementation Risk Preparation Business Testing &
Mapping Company
BCM Policy Business Assessment Business Continuity Improvement
Condition & Drafting
Impact Continuity Plan
the concept
Analysis Strategy
BCM Policy
Risk Based Budgeting Risk Based Budgeting

ANTAM telah menyusun Grand Design Risk Based Budgeting ANTAM has compiled a Grand Design Risk Based Budgeting
(RBB) sebagai respon atas beberapa permasalahan dan (RBB) in response to several problems and challenges faced by
tantangan yang dihadapi ANTAM selama ini. Seperti misalnya ANTAM so far. For example, budget revisions are often carried
sering dilakukan revisi anggaran pada awal atau tengah tahun out at the beginning or middle of the year, the implementation
berjalan, implementasi mitigasi risiko yang masih kurang of risk mitigation is still less than optimal, and the possibility of
optimal, dan potensi tidak selarasnya Rencana Kerja dan the Company’s Work Plan and Budget is not inline with the
Anggaran Perusahaan (RKAP) dengan Rencana Jangka Panjang Company’s Long Term Plan.
Perusahaan (RJPP).
Dalam mengeksekusi anggaran sesuai dengan RKAP yang telah In executing the budget in accordance with the Company’s
disusun pada tahun sebelumnya, beberapa korporasi sering Work Plan and Budget that was compiled in the previous year,
melakukan revisi anggaran baik yang terjadi di pertengahan some corporations often revise the budget, both in the middle of
tahun maupun yang dilakukan di awal tahun atau di kuartal the year and those conducted in the beginning of the year or in
pertama. Hal ini dilakukan karena setelah tahun operasional the first quarter. This is done because after the new operational
yang baru telah berjalan, realisasi penggunaan anggaran year has begun, the realization of the use of the budget has a
memiliki deviasi yang besar dibandingkan rencana awal large deviation compared to the initial plan as outlined in the
yang tertuang dalam RKAP. Banyaknya ketidakpastian dalam Company’s Work Plan and Budget. Many uncertainties in the
lingkungan operasional bisnis berdampak sulitnya membuat business operational environment make it difficult to make
perkiraan secara akurat besarnya anggaran yang dibutuhkan accurate estimates of the amount of the budget needed for
baik untuk kegiatan operasional, aktivitas investasi maupun operational activities, investment activities and others. To
yang lainnya. Untuk meminimalisir deviasi akibat ketidakpastian minimize the deviation due to the uncertainty, in the preparation
tersebut, maka dalam penyusunan RKAP basis yang digunakan of the Company’s Work Plan and Budget, basis used to calculate
untuk menghitung kebutuhan dana bukan hanya berdasarkan the funding requirements not only based on the estimated costs
perkiraan biaya yang dibutuhkan untuk mencapai sasaran needed to achieve the target, but also the estimated cost of risk
atau target, tetapi juga perkiraan biaya mitigasi risiko untuk mitigation to respond to uncertainties that have the potential to
merespons terhadap ketidakpastian-ketidakpastian yang frustrate the achievement of targets or the annual targets.
berpotensi menggagalkan pencapaian sasaran atau target
tahunan tersebut.
Pelaksanaan RBB untuk penyusunan anggaran tahunan (RKAP) The implementation of the RBB for annual budgeting has begun
sudah mulai dilakukan pada tahun 2019 di lingkungan Divisi in 2019 within the Head Office Division, Units/Business Units and
Kantor Pusat, Unit/Unit Bisnis, dan Anak Perusahaan berdasarkan Subsidiaries, based on the Company’s Long Term Plan target,
target RJPP, amanat Holding Industri Pertambangan serta visi & Mining Industry Holding mandate and the Company’s vision &
misi Perusahaan. mission.
Kondisi saat ini: Present condition:

RCSA disusun setelah penyusunan RKAP (Situasi saat ini) RCSA is done after the Company’s Work Plan and Budget
(present condition)
Visi & Misi Identifikasi Risiko Pengukuran Risiko

Vission & Mission Risk Identification Risk Assessment
• Risk Issue • Inherent Risk
• Risk Cause • Internal Control
• Risk Impact • Residual Risk
RJPP
Company’s Long Term Plan
RCSA
Penanganan Risiko Pemetaan Risiko
RKAP Risk Mitigation Risk Mapping
Company’s Work Plan • Action Plan • Likelihood & Impact
and Budget • Person in Charge • Risk Appetite
• Due Date • Risk Tolerance
RKAP
Company’s Work Plan and Budget Penanganan Risiko Risk Mitigation
• Sasaran tidak tercapai
• Kurang mengantisipasi risiko • Rencana mitigasi risiko tidak dijalankan
• Revisi RKAP • Biaya penanganan risiko tidak teranggarkan
• RKAP tidak selaras RJPP • Masa penyusunan RKAP sudah lewat
• Target Unachieved • Risk mitigation plans are not implemented

• Not Anticipating Risks • Risk management costs are not budgeted
• Company’s Work Plan and Budget • The preparation period for the RKAP has passed
Revision
• Company’s Work Plan and Budget
is not aligned with Company’s
Long Term Plan
Setelah Dilakukan Risk Based Budgeting: After Risk Based Budgeting is done:
RCSA Dilakukan Sebelum RKAP (Implementasi RBB pada RCSA RCSA Done Before RKAP (Implementation of RBB on RCSA Cycle
Siklus 17 dst) 17 etc.)
Visi & Misi

Amanat Holding
Vision & Mission Identifikasi Risiko Pengukuran Risiko
The Mandate of Holding Risk Identification Risk Assessment
• Risk Issue • Inherent Risk
• Risk Cause • Internal Control
• Risk Impact • Residual Risk
RJPP
Company’s Long Term Plan
RCSA
Penanganan Risiko Pemetaan Risiko
RKAP Risk Mitigation Risk Mapping
Company’s Work Plan • Risk Treatment Plan • Likelihood & Impact
and Budget • Risk Treatment Cost • Risk Appetite
• PIC & Due Date • Risk Tolerance
RKAP
Company’s Work Plan and Budget
• RKAP dilakukan tidak hanya berbasis sasaran, tetapi juga berbasis risiko
• Risk Based Budgeting dilakukan tidak hanya oleh risk owners, tetapi juga oleh Divisi Risk Management
• Risk Based Budgeting menjadi jembatan antara RJPP & RKAP, sehingga RKAP selaras RJPP
• Implementasi Risk Based Budgeting diharapkan akan meminimalisir revisi RKAP
• Company’s Work Plan and Budget is carried out not only based on targets, but also on risk
• Risk Based Budgeting is carried out not only by risk owners, but also by the Risk Management Division
• Risk Based Budgeting becomes a bridge between Company’s Long Term Plan & Company’s Work Plan
and Budget, so that the Company’s Work Plan and Budget aligned with Company’s Long Term Plan
• Implementation of Risk Based Budgeting is expected to minimize the revised of Company’s Work Plan
and Budget
Upaya Peningkatan Budaya Risiko Efforts to Increase Risk Culture

Untuk meningkatkan efektivitas dan mencapai tujuan penerapan To improve effectiveness and achieve the objectives of the
manajemen risiko, Divisi Risk Management senantiasa berupaya implementation of risk management, the Risk Management
meningkatkan komitmen pimpinan Perusahaan untuk memberi Division always strives to increase the commitment of the
dukungan dan kontribusi penuh dalam pelaksanaan manajemen Company’s leaders to provide support and full contribution in the
risiko, mengembangkan budaya sadar risiko (corporate risk implementation of risk management, developing risk awareness
culture) ke seluruh proses Perusahaan dengan menitikberatkan culture (corporate risk culture) throughout the Company’s
konsep risiko sebagai tanggung jawab setiap orang (risk is processes by emphasizing the concept of risk as responsibility
everybody’s business) melalui sosialisasi yang berkelanjutan serta of everyone (risk is everybody’s business) through ongoing
selalu mengembangkan kompetensi dan proses pembelajaran socialization and continuously developing competencies and
secara berkesinambungan melalui pelatihan Manajemen Risiko learning processes on an ongoing basis through risk management
baik secara umum ataupun khusus. Pada tahun 2019 telah training in general or specifically. In 2019, the following training
dilaksanakan pelatihan dan sertiifikasi sebagai berikut: and certification were held as follow:
1. Enterprise Risk Managament Training & Certification yang 1. Enterprise Risk Management Training & Certification, held
dilaksanakan pada tanggal 10-12 April 2019; dan on April 10-12, 2019; and
2. Business Continuity Management Certified Professional 2. Business Continuity Management Certified Professionals,
yang dilaksanakan pada tanggal 23-27 September 2019. held on September 23-27, 2019.
Training dan sertifikasi tersebut ditujukan bagi Risk Owner pada The training and certification are intended for Risk Owners in
Unit/Unit Bisnis/Divisi/Proyek Pengembangan/Anak Perusahaan Unit/Business Unit/Division/Development Project/Subsidiaries
di ANTAM. Selain program training, Divisi Risk Management ANTAM. In addition to the training program, Risk Management
juga telah melakukan refreshment mengenai proses Manajemen Division has carried out refreshment regarding Risk Management
Risiko kepada Risk Owner & Risk Officer Unit/Unit Bisnis/Divisi/ process for Risk Owner & Risk Officer of the Units/Business
Proyek Pengembangan/ Anak Perusahaan sebelum pelaksanaan Units/Division/Development Projects/Subsidiaries prior to the
pendampingan RCSA periode tahun 2019. Penanaman budaya implementation of the RCSA assistance in the 2019 period.
sadar risiko juga dilakukan melalui sosialisasi menggunakan Internalization of risk awareness culture was also carried out
media e-mail “Risk Campaign” kepada seluruh Pegawai ANTAM. through socialization “Risk Campaign” using e-mail media to
all ANTAM Employees.
Evaluasi Efektivitas Sistem Manajemen Risiko Evaluation of the Effectiveness of the Risk
(Risk Maturity Level) Management System (Risk Maturity Level)
Pengukuran Risk Maturity Level (RML) atau tingkat kematangan Measurement of Risk Maturity Level (RML) or the level of risk
pengelolaan risiko merupakan suatu proses untuk memastikan management maturity is a process to ensure the implementation
penerapan Manajemen Risiko yang sudah dijalankan sesuai of Risk Management that has been carried out as planned and
dengan yang direncanakan dan sesuai dengan best practice in accordance with the best practices of an ERM application.
suatu penerapan Enterprise Risk Management (ERM). Dalam In measuring this RML using an approach called the Maturity
pengukuran RML ini menggunakan pendekatan yang disebut Model, where this model is a structured way of highlighting
Model Maturitas (Maturity Model), dimana model ini adalah aspects of an effective ERM process.
suatu cara terstruktur dalam menyoroti aspek-aspek dari suatu
proses ERM yang efektif.
Pelaksanaan pengukuran tingkat kematangan pengelolaan The measurement of the maturity level of the company’s risk
risiko perusahaan telah dilaksanakan ANTAM sejak tahun management has been carried out by ANTAM since 2010
2010 dilakukan oleh asesor independen baik secara internal and was carried out by independent assessors both internally
dari Divisi Internal Audit maupun secara eksternal dengan from the Internal Audit Division and externally by assessors
asesor yang kompeten dalam pengukuran RML. Pelaksanaan who are competent in RML measurements. Implementation of
metode pengukuran dengan asesor independen dari internal measurement methods by independent assessors from internal
dan eksternal sebagai bentuk check & balance sehingga dapat and external as a form of check & balance so that comprehensive
diperoleh rekomendasi yang komprehensif untuk peningkatan recommendations can be obtained to improve integrated
pengelolaan risiko korporat yang terintegrasi. corporate risk management.
Pada tahun 2019 ANTAM kembali melakukan asesmen tingkat In 2019 ANTAM re-assessed the maturity level of risk
kematangan pengelolaan risiko oleh asesor eksternal dengan management by an external assessor using the RIMS (Risk &
metode RIMS (Risk & Insurance Management Society, inc.). Insurance Management Society, inc.) method. In the RIMS Risk
Dalam RIMS Risk Maturity Model (RMM) terdapat 7 (tujuh) Maturity Model (RMM) there are 7 (seven) attributes on a scale
atribut dalam skala 5 level maturitas, di mana setiap level of 5 levels of maturity, where each level shows the achievement
menunjukkan peringkat organisasi menurut pencapaian best ranking of the organization according to best practice in the
practice dalam penerapan ERM. implementation of ERM.
Hasil pengukuran Risk Maturity Level (RML) telah menunjukkan Risk Maturity Level (RML) measurement results have shown a
tren peningkatan skor maturitas yang baik dari periode trend of increasing a good maturity score from the previous
sebelumnya, yakni meningkat satu level dari Repeatable pada period, which increased by one level from Repeatable in the
periode pengukuran sebelumnya dan menjadi Managed di previous measurement period and became Managed in 2019.
tahun 2019. Pengukuran RML berikutnya akan dilakukan sesuai The next RML measurement will be carried out according to the
dengan kebutuhan Perusahaan. Company’s needs.
Melihat hasil tersebut, ANTAM telah berada pada jalur yang Reviewing these results, ANTAM is on the right track in
tepat dalam mencapai tingkat kematangan pengelolaan risiko achieving a higher level of risk management maturity, where risk
yang lebih tinggi, di mana pengelolaan risiko telah menjadi management has become a culture in every implementation of
budaya dalam setiap implementasi rencana kerja dan anggaran the company’s work plan and budget.
perusahaan.
Tata Kelola Teknologi Informasi & Komunikasi

Information & Communication Technology Governance
Penerapan Tata Kelola Teknologi Informasi dan Komunikasi Implementation of Information and Communication Technology
(ICT) merupakan upaya untuk menyelaraskan strategi teknologi (ICT) Governance is an effort to align information technology
informasi dengan strategi bisnis Perusahaan. Penerapan Tata strategy with the Company’s business strategy. The application of
Kelola ICT juga merupakan bagian integral dari Enterprise ICT Governance is also an integral part of Enterprise Governance
Governance agar dapat menjamin pemanfaatan implementasi in order to ensure optimal, measurable and effective utilization
ICT yang optimal, terukur dan terarah. of ICT implementation.
Guna mencapai keselarasan antara rencana pengembangan To achieve the alignment of the Company’s information system
sistem informasi Perusahaan dengan Visi Misi ANTAM 2030, development plan with ANTAM Mission and Vision 2030, since
maka pada tahun 2018 ANTAM telah melakukan evaluasi 2018, ANTAM has evaluated the Company’s Information System,
atas sistem informasi Perusahaan yang diwujudkan dengan which is manifested into decisions to migrate the Enterprise
keputusan untuk migrasi sistem Enterprise Resources Planning Resources Planning (ERP) from Ellipse to SAP.
(ERP) dari Ellipse menjadi SAP.
Revitalisasi Enterprise Resource Planning ANTAM bertujuan Revitalization of ANTAM Enterprise Resource Planning aims
untuk dapat meningkatkan efektivitas dan akuntabilitas dalam to increase effectivity and accountability in executing the
mengeksekusi proses bisnis Perusahaan serta meningkatkan Company’s business process as well as to improve efficiency. In
efisiensi. Selain itu, dengan adanya SAP maka proses fungsional addition, with SAP, functional processes in the Company can be
yang terdapat di Perusahaan dapat distandarkan dan arus standardized and the communication flows runs properly in every
komunikasi dapat berlangsung dengan baik pada setiap bagian functional part of the Company so the costs incurred in each
fungsional Perusahaan sehingga biaya yang terjadi pada setiap transaction unit can be reduced. The SAP implementation is also,
unit transaksi dapat ditekan. Implementasi SAP tersebut juga in line with ANTAM’s intention in downstream, the features on
sejalan dengan upaya ANTAM menuju hilirisasi, dimana fitur- SAP are considered more able to accommodate comprehensive
fitur di dalam SAP dianggap lebih dapat mengakomodir kegiatan administrative activities.
administratif yang lebih luas dan komprehensif.
Pada tahun 2019, ANTAM mengimplementasikan ISO In 2019, ANTAM implemented ISO 27001:2013, known as
27001:2013 yang dikenal juga dengan ISMS (Information ISMS (Information Security Management System), one of the
Security Management System), salah satu standar praktik terbaik best practice standards or methodologies to ensure a high
atau metodologi untuk memastikan tingkat keamanan informasi level of information security through the processes established
yang tinggi melalui proses-proses yang ditetapkan di dalamnya. therein. In addition to fulfil the Minister of Communication
Implementasi ISO 27001:2013 ini selain dalam rangka memenuhi and Information Regulation Number 4 of 2016 concerning
Peraturan Menteri Komunikasi dan Informatika Nomor 4 Tahun Information Security Management System, the implementation
2016 tentang Sistem Manajemen Pengamanan Informasi, juga of ISO ISO 27001:2013 is also as ANTAM’s commitment and
merupakan sebuah bentuk komitmen dan kepedulian ANTAM concern in protecting customer data and information, both of
dalam melindungi data dan informasi pelanggan dimana saat which are very sensitive and valuable. ANTAM is also implements
ini kedua hal tersebut adalah hal yang sensitif dan sangat ISO 20000-1:2018 known as ITSM (Information Technology
berharga. ANTAM juga mengimplementasikan ISO 20000- Service Management), one of the best practices of how an IT
1:2018 yang dikenal juga dengan ITSM (Information Technology organization within a company provides international standard
Service Management), salah satu praktik terbaik bagaimana of IT services. This implementation as ANTAM’s ongoing
sebuah organisasi IT di dalam sebuah Perusahaan memberikan commitment to improve the quality of ICT services.
layanan IT yang berstandar Internasional. Hal ini merupakan
wujud komitmen ANTAM secara berkesinambungan untuk
meningkatkan kualitas layanan ICT.
Kebijakan ICT ANTAM ANTAM’s ICT Policy

Kebijakan tata kelola ICT merupakan dasar bagi penyusunan ICT governance policy is the foundation for the establishment
seluruh kebijakan dan pengambilan keputusan Perusahaan of all Company’s policies and decision-making related to ICT of
yang terkait dengan ICT ANTAM. Kerangka Kerja (Framework) ANTAM. The ICT governance framework, including processes
tata kelola ICT, meliputi proses serta aktivitas-aktivitas dalam and activities in ICT management, refers to Regulation of
pengelolaan ICT yang mengacu pada Peraturan Menteri BUMN the Minister of SOE Number PER-02/MBU/2013 concerning
Nomor PER-02/MBU/2013 tentang Panduan Penyusunan Guidelines for SOE Information Technology Management.
Pengelolaan Teknologi Informasi BUMN.
Pada tahun 2019, ANTAM telah melakukan evaluasi atas In 2019, ANTAM has evaluated the company’s Information
Kebijakan Teknologi Informasi perusahaan. Evaluasi tersebut Technology Policy. The evaluation was then realized in the form
kemudian diwujudkan dalam bentuk Surat Keputusan Direksi of a Decree of the Board of Directors Number 4961.K/702/
Nomor 4961.K/702/DAT/2019 tanggal 4 Desember 2019 DAT/2019 dated December 4, 2019 concerning Management
tentang Management Policy Tata Kelola Teknologi Informasi. Policy of Information Technology Governance. Management
Dalam Management Policy Tata Kelola Teknologi Informasi Policy of Information Technology Governance contains strategic
memuat kebijakan strategis dan kebijakan operasional ICT. policies and ICT operational policies.
Sistem Manajemen Berbasis Teknologi Informasi Information Technology Based Management

System
ANTAM terus berupaya mengembangkan aplikasi-aplikasi ANTAM strives to develop applications that are considered
yang dianggap mampu mendukung pelaksanaan proses capable of supporting the implementation of the Company’s
bisnis Perusahaan agar lebih efektif, efisien, optimal, mampu business process to be more effective, efficient, optimal, able to
memberikan nilai tambah serta mendukung untuk pengambilan provide added value and help the management in deciding on
keputusan bagi manajemen dalam waktu yang relatif singkat. a short time.
Nama Aplikasi Deskripsi Fungsional Pemilik Aplikasi

No.
Application Name Functional Description Application Owner
1. ERP-SAP Sistem terintegrasi pengelolaan bisnis ANTAM mulai dari modul FICO (Finance and ERP Project
Control), PP (Production Planning), MM (Material Management), SD (Sales and
Distribution), HR (Human Resources).
The integrated system of ANTAM's business management starts from the FICO (Finance
and Control) module, PP (Production Planning), MM (Material Management), SD (Sales
and Distribution), HR (Human Resources).
2. E-Mas Sistem Informasi untuk pengelolaan dan penjualan produk logam mulia Unit Bisnis Pengolahan dan
Information systems for the sales management of precious metal product Pemurnian Logam Mulia
Precious Metals Processing and
Refinery Business Unit
3. Brankas LM (Berencana Aplikasi depository online emas Unit Bisnis Pengolahan dan
Aman Kelola Emas) Online gold depository application Pemurnian Logam Mulia
4. Website Logam Mulia Website penjualan logam mulia Unit Bisnis Pengolahan dan
Website for precious metal sales Pemurnian Logam Mulia
5. Human Capital Manajemen pengelolaan sumber daya manusia mulai dari perekrutan hingga pensiun Human Capital Management
Information System Management of human capital starting from the recruitment to retirement Division
(HCIS)
6. e-SCM Sistem Informasi Manajemen untuk Procurement dan Supply Chain Supply Chain Management
Information Management System for Procurement and Supply Chain Division
7. e-Proc Aplikasi untuk Vendor dapat mengikuti pengadaan di ANTAM Supply Chain Management
Applications for ANTAM's vendors to take part in procurement process Division
8. Online Document Aplikasi untuk mengelola permintaan dan approval transaksi pembayaran Treasury, Funding & Insurance
Payment Application for managing the request and approval of payment transactions Division
(ODP )
9. Website ANTAM Website Korporat ANTAM
Corporate Secretary Division
ANTAM Corporate Website
10. ANTAM Portal Intranet Portal Informasi ANTAM
Corporate Secretary Division
ANTAM Information Portal Intranet
Nama Aplikasi Deskripsi Fungsional Pemilik Aplikasi

No.
Application Name Functional Description Application Owner
11. ANTAM Risk Sistem Informasi Manajemen untuk pengelolaan risiko Risk Management Division
Management System Information Management System for risk management
(ARMS)
12. Sistem Informasi Aplikasi untuk mengelola proses Audit Internal Internal Audit Division
Manajemen Audit Application for managing the Internal Audit process
(SMART)
13. ANTAM Task Aplikasi untuk memonitor tindak lanjut hasil Rapat Direksi CEO Office Division
Monitoring (ATM) Application to monitor resolution of the Board of Directors’ Meeting
14. Super Safe Aplikasi pengelolaan pelaporan pemantauan Health, Safety, dan Environment Operation Management, Health &
Application to monitor Health, Safety, and Environment Report Management Safety Division
15. SMK Online Aplikasi pengelolaan perencanaan dan realisasi target Sistem Manajemen Kinerja (SMK) Corporate Strategic Division
Application to monitor management planning and realization of Performance
Management System (SMK) targets
16. CIM (Corporate Sistem Informasi untuk pengelolaan asuransi aset Perusahaan Direktorat Keuangan
Insurance Information system for managing Company's asset insurance Finance Directorate
Management)
17. ANTAM Treasury Vision Sistem Informasi Manajemen untuk pengelolaan posisi keuangan di setiap unit bisnis Treasury, Funding & Insurance
Information Management System for managing financial position in each business unit Division
18. Extension Number Aplikasi pengelolaan daftar nomor telepon seluruh ANTAM General Affairs & Non Operational
Application management for the entire ANTAM telephone number list Asset Management Division
19. Nota Dinas Aplikasi pengelolaan Nota Dinas ANTAM Corporate Secretary Division
Application for the Official Memorandum in internal ANTAM
20. Portal HRD Malut Aplikasi untuk mengelola proses Sumber Daya Manusia Human Capital Management
Application for managing Human Resources process Division
21. Lab Malut Aplikasi untuk mengelola proses quality control UBP Nikel Maluku Utara
Application for managing quality control process North Maluku Nickel Mining
Business Unit
22. Surat Perintah Aplikasi untuk membuat dan merekam Surat Perintah Perjalanan Dinas Human Capital Management
Perjalanan Dinas (SPPD Application to create and record official business trip warrant Division
Online)
23. Vehicle Management Aplikasi pengelolaan Permintaan Kendaraan Dinas General Affairs & Non Operational
Application for Vehicle Request Management Asset Management Division
24. HR Service Desk Sistem Informasi untuk memenuhi layanan terkait kebutuhan Sumber Daya Manusia Human Capital Management
Information System for Human Resources Services Division
25. Aplikasi Jembatan Aplikasi pencatatan hasil produksi tambang UBP Nikel Sulawesi Tenggara
Timbang Application for recording mining products Southeast Sulawesi Nickel Mining
Business Unit
26. ICT Care Sistem Informasi Manajemen untuk Layanan dan Keluhan pengguna ICT Information & Communication
Information Management System for Service and Complaints from ICT users Technology Division
27. Sampling Rock Soil Aplikasi Eksplorasi Unit Geomin - UBP Emas Tim Eksplorasi UBP Emas
Emas Exploration Application Geomin Unit - Gold Mining Business Unit Exploration Team of Gold Mining
Business Unit
28. OPTIMA Sistem Informasi untuk mengelola aset yang dimiliki oleh ANTAM General Affairs & Non Operational
Information System for ANTAM’s Asset Management Asset Management Division
29. Video Conference Aplikasi online video conference Information & Communication
Application for online video conference Technology Division
30. Standar Etika Aplikasi pemberian persetujuan memahami dan mentaati standar etika perusahaan Corporate Secretary Division
Application for granting approval to understand and adhere to the company's code of
conduct
31. Drill Log Pomalaa Aplikasi Eksplorasi Unit Geomin - UBP Nikel Sulawesi Tenggara Tim Eksplorasi UBP Nikel Sulawesi
Exploration Application Geomin Unit - Southeast Sulawesi Nickel Mining Business Unit Tenggara
Exploration Team of Southeast
Sulawesi Nickel Mining Business
Unit
Survei Kepuasan Pelanggan ICT ICT Customer Satisfaction Survey

Untuk mengetahui tingkat kepuasaan pegawai atas layanan In order to find out the level of the employee satisfaction over
yang telah diberikan oleh ICT dan guna memperoleh masukan ICT services and to get recommendation for the improvement
untuk peningkatan kinerja ICT yang lebih optimal, maka setiap of ICT performance more optimal, then every year has been
tahun telah dilakukan pengukuran atas tingkat kepuasan measured on the level of ICT customer satisfaction.
pelanggan ICT.
Tingkat Kepuasan Pelanggan ICT

ICT Customer Satisfaction Level
%
73,15 72,20 72,72 Pada tahun 2019, hasil survei menunjukkan tingkat kepuasan pengguna
layanan ICT mencapai 72,72%. Hal ini membuktikan bahwa rata-rata
pengguna layanan ICT berada pada kategori PUAS.
In 2019, the survey shows that the level of ICT users satisfaction over ICT services was
72.72% which means that the average users of ICT services are at the category of SATISFIED.
2017 2018 2019
Service Level Agreement (SLA) Service Level Agreement (SLA)

Divisi ICT telah membuat Perjanjian Tingkat Kinerja (Service Level ICT Division has developed a Service Level Agreement/SLA
Agreement/SLA) antara Divisi ICT dan Divisi-divisi pengguna ICT between ICT Division and ICT user divisions in all ANTAM unit/
di seluruh Unit/Unit Bisnis ANTAM serta penerbitan ICT Service business units, and issued ICT Service Catalogue or ICT service
Catalogue atau daftar layanan ICT yang dapat digunakan oleh list that can be used by employees. Also, ICT has ICT Care
karyawan. Selain itu, ICT juga memiliki aplikasi ICT Care untuk application to serve ICT customers.
melayani pelanggan ICT.
Process of IT
Service Management
ICT Customers ICT Care Application Service Level Service ICT Division
Agreement Catalogue (Service Provider)
(SLA)
Process of ICT
Governance
Pencapaian Service Level Agreement

Achievement of Service Level Agreement
%
Pada tahun 2019, hasil pengukuran tingkat pencapaian SLA ICT
98,00 96,54 97,00
mencapai 97,00%. Hal ini membuktikan bahwa hampir seluruh request
tiket yang masuk ke aplikasi ICT Care dapat diselesaikan tepat waktu.
In 2019, the results of the measurements of ICT SLA achievement level reached 97.00%.
This proves that almost all request tickets registered in ICT Care application have been
completed in timely manner.
2017 2018 2019
Pengadaan Barang dan Jasa

Procurement of Goods and Services
Kebijakan Pengadaan Barang dan Jasa The Policy of Procurement of Goods and Services
Dalam menjalankan bisnisnya, ANTAM telah memiliki kebijakan In conducting its business, ANTAM has had Policy on the
terkait Pengelolaan Rantai Pasokan yang menjadi acuan utama procurement of goods and services as the primary guideline for
semua aktivitas pengadaan barang dan jasa yang dilakukan all procurement of goods and services activities by considering
dengan mempertimbangkan kualitas, delivery time, dari sumber the quality, delivery time, from appropriate sources and carried
yang tepat dan dilakukan melalui strategi, perencanaan, proses out through effective and efficient procurement strategy,
dan pengendalian pengadaan yang efektif dan efisien serta planning, processes and control as well as in compliance with
memenuhi peraturan perundang-undangan yang berlaku di the prevailing laws and regulations in Indonesia.
Indonesia.
Pada tahun 2019, ANTAM telah melakukan review, evaluasi dan In 2019, ANTAM has reviewed, evaluated and updated policies
pengkinian atas kebijakan terkait Pengadaan Barang dan Jasa related to the procurement of goods and services in accordance
sesuai Surat Keputusan Direksi Nomor 1033.K/92/DAT/2019 with the Decree of the Board of Directors Number 1033.K/92/
tanggal 1 Juli 2019 tentang Pedoman Pengelolaan Rantai DAT/2019 dated July 1, 2019 regarding Guidelines for Supply
Pasokan. Pedoman tersebut mengatur Pengelolaan Pengadaan Chain Management. The guideline regulates the Management
Barang dan Jasa, Pengelolaan Kontrak Pengadaan Barang dan of Goods and Services Procurement, Management of Goods
Jasa, Pengelola Penyedia Barang dan Jasa, dan Pengelolaan and Services Procurement Contracts, Management of Goods
Material. Di dalam Pedoman Pengelolaan Rantai Pasokan and Services Providers, and Material Management. In the
terdapat kebijakan terkait seleksi pemasok yaitu mekanisme Supply Chain Management Guidelines, there is a policy related
untuk mencari dan memilih calon Penyedia Barang dan Jasa (pra to supplier selection, which is a mechanism for finding and
qualification) maupun mengevaluasi kinerjanya secara periodik, selecting prospective suppliers of goods and services (pre-
sehingga akan diperoleh Daftar Penyedia Barang dan Jasa yang qualification) and evaluating their performance periodically, to
terpilih dan berkualitas (shortlisted) di bidangnya masing-masing. get list of qualified good and services provider (shortlisted). The
Mekanisme tersebut dilakukan secara transparan, obyektif, dan mechanism is carried out transparently, objectively, and can be
dapat dipertanggungjawabkan. justified.
Selain itu, di tahun 2019 ANTAM juga melakukan penyelarasan In addition, in 2019 ANTAM also aligned Supply Chain
Kebijakan Pengelolaan Rantai Pasokan dengan Pedoman Management Policies with the Strategic Guidelines for
Strategis Pengadaan dan Logistik Holding Industri Pertambangan Procurement and Logistics of the Mining Industry Holding as a
sebagai acuan agar kegiatan pengadaaan barang dan jasa reference so that the procurement of strategic goods and services
strategis yang dilakukan oleh Perusahaan dapat memenuhi carried out by the Company can meet business needs while
kebutuhan bisnis dengan tetap memperhatikan prinsip-prinsip still observing the principles of efficient, effective, competitive,
efisien, efektif, kompetitif, transparan, adil, dan wajar, serta transparent, fair and reasonable, and accountable.
akuntabel.
Untuk meningkatkan penyelarasan pengelolaan perencanaan To improve the alignment of procurement planning management
pengadaan dengan Rencana Kerja dan Anggaran Perseroan with the Corporate Work and Budget Plan (RKAP), then in 2019
(RKAP) maka di tahun 2019 dilakukan penambahan struktur an organizational structure in the Supply Chain Management
organisasi di Divisi Supply Chain Management yaitu: Division was added, namely:
1. Pembentukan Procurement Planning and Estimation Bureau 1. Establishment of the Procurement Planning and Estimation
di Kantor Pusat yang bertugas dalam membantu membuat Bureau at Head Office which is responsible to create
Perencanaan Pengadaan Barang dan Jasa di Unit/Unit Procurement Planning for Goods and Services in Unit/
Bisnis/Kantor Pusat yang selaras dengan Rencana Kerja Business Units/Head Office that are in line with Corporate
dan Anggaran Perusahaan (RKAP) sehingga Pengadaan Work and Budget Plan so that the Procurement of Goods
Barang dan Jasa yang dilakukan sesuai dengan kebutuhan and Services is carried out in accordance with the needs of
Perusahaan. the Company.
2. Pembentukan Contract and Vendor Management Bureau 2. Establishment of the Contract and Vendor Management
di UBP Nikel Sulawesi Tenggara dan UBP Nikel Maluku Bureau at Southeast Sulawesi Nickel Mining Business Unit and
Utara yang bertujuan untuk mempercepat proses North Maluku Nickel Mining Business Unit which responsible to
pembuatan kontrak dan monitoring pelaksanaannya serta accelerate the process of contract making and monitoring of
mengefektifkan pengelolaan mitra kerja. its implementation as well as streamlining the management of
partners.
Kode Etik dalam Pengadaan Barang dan Jasa Code of Conducts in Procurement of Goods and
Services
Standar Etika Perusahaan dalam Pengadaan Barang dan Jasa Code of Conduct in Procurement of Goods and Services:
yakni: 1. To comply with all regulations of goods and services
1. Mengikuti seluruh peraturan pengadaan barang dan jasa procurement set forth by ANTAM when dealing with the
yang ditetapkan ANTAM pada saat melakukan pengadaan procurement of goods or services required.
atas barang atau jasa yang dibutuhkan. 2. To appoint the suppliers that meet the requirements
2. Menggunakan pemasok-pemasok yang memenuhi determined by ANTAM and have the capability to fulfil
kualifikasi yang ditetapkan ANTAM dan secara konsisten the quality standard of the goods and services with the
mampu memenuhi standar kualitas baik barang dan jasa competitive and reasonable costs.
dengan biaya yang kompetitif dan representatif. 3. To establish business relationship only with the suppliers
3. Melakukan hubungan kerja hanya dengan pemasok yang that comply with the prevailing laws and regulations, and
mematuhi peraturan perundang-undangan yang berlaku additional requirements set by ANTAM, especially for those
dan persyaratan tambahan dari ANTAM, terutama yang relating to the employment, environment, health and safety,
berkaitan dengan ketenagakerjaan, lingkungan, kesehatan intellectual property rights, and unreasonable payment.
dan keamanan, hak kekayaan intelektual dan pembayaran 4. Both parties shall carry out a mutual evaluation for
yang tidak wajar. improvement and maintain more harmonious and
4. Kedua belah pihak juga saling melakukan upaya evaluasi constructive relationship.
guna perbaikan dan hubungan yang lebih harmonis dan
konstruktif.
Kode Etik Berdasarkan Pedoman Pengelolaan Rantai Pasokan

Code of Conduct Based on the Supply Chain Management Guidelines
Tidak meminta/menerima
Patuh terhadap
Menghindari persaingan Bekerja secara Tertib imbalan/hadiah
Etika Bisnis Terbuka dan Bersaing
tidak sehat Work in an orderly Prohibited from
Comply with Open and Competitive
Avoid unfair competition manner requesting/receiving
Business Ethics
a reward/gift
Tidak melebihi batas

Menghindari terjadinya
Menggunakan dokumen kewenangan dalam
Adil dan Wajar benturan kepentingan Transparan
yang valid bertindak
Fair and Reasonable Avoid conflicts Transparent
Using valid documents Do not act exceeding its
of interest
authority limit
Untuk meningkatkan kualitas hubungan dan komunikasi To improve the quality of relationships and communication with
dengan semua Penyedia Barang dan Jasa, ANTAM setiap all Goods and Service Providers, ANTAM holds a gathering every
tahun mengadakan pertemuan (gathering) dengan semua year with all Goods and Service Providers registered with ANTAM
Penyedia Barang dan Jasa yang terdaftar di ANTAM secara periodically and distributes work partner certificates as partners
periodik serta membagikan sertifikat mitra kerja sebagai mitra registered in ANTAM. During the gathering, information was
kerja yang terdaftar di ANTAM. Pada acara gathering tersebut also provided to improve partners’ understanding of the rules for
juga diberikan informasi untuk meningkatkan pemahaman procurement of goods and services at ANTAM, the use of e-SCM
mitra kerja mengenai peraturan pengadaan barang dan jasa applications, Gratification Policy in the procurement of goods
di ANTAM, penggunaan aplikasi e-SCM, Kebijakan Gratifikasi and services at ANTAM, and knowledge to suppliers in the form
dalam pengadaan barang dan jasa di ANTAM, serta pengetahuan of providing explanations related to the new or updated policy
kepada pemasok berupa pemberian penjelasan terkait kebijakan of procurement of goods/services in the Company. In addition,
pengadaan barang/jasa yang baru atau yang diperbaharui di for each partner that conducts procurement cooperation with
Perusahaan. Selain itu, untuk setiap mitra kerja yang melakukan ANTAM, it is required to have occupational safety and health
kerja sama pengadaan dengan ANTAM, diharuskan memiliki standards as well as the obligation to comply with applicable
standar keselamatan dan kesehatan kerja serta kewajiban untuk standards and regulations, both at ANTAM or in accordance
patuh (comply) terhadap standar dan regulasi yang berlaku, baik with applicable laws and regulations.
di ANTAM ataupun sesuai peraturan perundang-undangan yang
berlaku.
Sistem Electronic Supply Chain Management Electronic Supply Chain Management

(e-SCM) (e-SCM) System
Untuk meningkatkan kualitas dan akuntabilitas praktik To improve the quality and accountability of procurement
pengadaan barang dan jasa, mencegah terjadinya tindak practices, to prevent corruption, collusion, and nepotism, as well
pidana korupsi, kolusi dan nepotisme serta untuk meningkatkan as to improve the efficiency and effectiveness of procurement
efisiensi dan efektivitas sistem pengadaan, ANTAM telah systems, ANTAM has developed electronic Supply Chain
mengembangkan sistem electronic Supply Chain Management Management (e-SCM) system. The e-SCM system includes the
(e-SCM). Sistem e-SCM mencakup modul user internal dan modules for both internal and external users. The internal user
eksternal. Modul user internal digunakan oleh pihak internal module is used by internal parties of the Company who have
Perusahaan yang memiliki hak akses dan telah terintegrasi access and have been integrated with the procurement team in
dengan panitia lelang di Kantor Pusat dan Unit/Unit Bisnis entire Business Units/Units. The external user module consists of
Perusahaan. Adapun modul eksternal terdiri atas vendor vendor registration and vendor transaction. External modules are
registration dan vendor transaction. Modul eksternal tersedia available on the Company’s website in eproc.antam.com menu.
dalam website Perusahaan bagian menu eproc.antam.com.
Menu eproc.antam.com dapat dengan mudah diakses oleh The eproc.antam.com menu can be accessed easily by the public
publik melalui website Perusahaan. Bagi masyarakat umum yang through the Company’s website. For the public who would like to
ingin menjadi rekanan ANTAM sebagai penyedia barang dan jasa become partners of ANTAM as providers of goods and services,
dapat mendaftar melalui eproc.antam.com dan pengumuman they can register through eproc.antam.com and announcement
informasi lelang dapat dilihat di website Perusahaan. Panduan of auction information can be seen on the Company’s website.
untuk menjadi mitra kerja ANTAM dapat diperoleh dengan Guidelines for becoming ANTAM’s partners can be obtained
mengunduh Petunjuk Penggunaan Mitra Kerja yang terdapat by downloading the Usage Partner Guidelines found in the
pada menu e-Procurement. Input pemenuhan kriteria untuk e-Procurement menu. The data input for the criteria fulfillment
menjadi Mitra Kerja dalam eproc.antam.com dapat dilakukan in eproc.antam.com can only be made after the prospective
setelah calon pemasok melakukan registrasi dan divalidasi supplier make a registration and validation by ANTAM. ANTAM
oleh ANTAM. ANTAM akan menerbitkan Sertifikat Mitra Kerja will issue a Partner Certificate for partners who have finished
(SMK) bagi mitra kerja yang telah selesai melakukan registrasi registering and is valid in all ANTAM Units/Business Units.
dan validasi. SMK bagi mitra kerja yang diterbitkan oleh salah
satu Unit/Unit Bisnis ANTAM berlaku di seluruh Unit/Unit Bisnis
ANTAM.
Tata Cara Pendaftaran Mitra Kerja ANTAM Registration Procedure for ANTAM’s Partner
Tata cara pendaftaran Mitra Kerja ANTAM dapat dilihat di The procedure for registration of ANTAM Partners can be seen
website Perusahaan atau menu eproc.antam.com. on the Company’s website or eproc.antam.com menu.
Dalam pelaksanaan proses pengadaan barang dan jasa di In the process of procurement of goods and services at ANTAM,
ANTAM memiliki beberapa metode yaitu: there are several methods, namely:
1. Pelelangan; 1. Auction;
2. Pemilihan langsung; 2. Direct election;
3. Penunjukan langsung. 3. Direct appointment.
Untuk metode pemilihan langsung dan penunjukan langsung, For the method of direct selection and direct appointment, the
tata caranya diatur tersendiri merujuk kepada kebijakan internal procedure is regulated separately in reference to the Company’s
Perusahaan yang merujuk kepada Peraturan Pemerintah. internal policies that refer to the Government Regulations.
Ketentuan dan informasi mengenai Pengadaan Barang dan Provisions and information regarding the Procurement of Goods
Jasa termasuk syarat teknis administrasi pengadaan, tata cara and Services including technical requirements for procurement
evaluasi, hasil evaluasi, penetapan calon Penyedia Barang dan administration, evaluation procedures, evaluation results,
Jasa, sifatnya terbuka bagi peserta Penyedia Barang dan Jasa determination of prospective Goods and Services Providers,
yang berminat melakukan pendaftaran mitra kerja di ANTAM are open to participants of Goods and Services Providers
melalui e-Procurement. Sejak tahun 2019 untuk pendaftaran who are interested in registering partners in ANTAM through
sebagai Mitra Kerja ANTAM dilakukan melalui aplikasi online e-Procurement. Since 2019, registration for ANTAM’s Partners is
(paperless). conducted through an online application (paperless).
Sejauh ini penerapan e-procurement telah berjalan dengan So far the application of e-procurement has worked fairly well,
cukup baik, sesuai regulasi dan wajar. ANTAM terus melakukan according to regulations and fair. ANTAM continues to evaluate
evaluasi dan perbaikan untuk dapat semakin mengoptimalkan and improve to optimize the procurement system in the future.
sistem tersebut ke depannya.
Tata Cara Pendaftaran Mitra Kerja ANTAM

Registration Procedure for ANTAM’s Partner
Pendaftaran Menu Data Menu Data

di E-Proc Administratif Tambahan
Registration Administrative Additional
via E-Proc Data Menu Data Menu
Input Data Menu Data Menyerahkan

di E-Proc Teknis Dokumen
Input Data Technical Submit
via E-Proc Data Menu Document
Survei Kepuasan Pemasok Supplier Satisfaction Survey

Untuk mengetahui sejauh mana tingkat kepuasan pemasok, To identify the supplier’s satisfaction level, ANTAM consistently
ANTAM secara konsisten melakukan pengukuran setiap tahun. carries out a measurement every year. In 2019, supplier
Pada Tahun 2019, survei kepuasan pemasok dilaksanakan pada satisfaction survey is conducted by an online method and was
bulan Desember secara online melalui sistem e-SCM. held in December through the e-Procurement system.
Hasil survei kepuasan pemasok tahun 2019 adalah sebesar The result of supplier satisfaction survey 2019 was 79.73%
79,73% yang menyatakan bahwa pemasok menilai PUAS atas which stated that suppliers were SATISFIED with procurement
proses pengadaan barang dan jasa di ANTAM. process in ANTAM.
Hasil Survei Kepuasan Pemasok Tahun 2019 sebesar 79,73% yang menyatakan bahwa pemasok
menilai PUAS atas proses pengadaan Barang dan Jasa di ANTAM.
The Result of Supplier Satisfaction Survey 2019 was 79.73% which stated that suppliers were SATISFIED with the
procurement process in ANTAM.
Akuntan Publik
Public Accountant
Dalam Rapat Umum Pemegang Saham Tahunan Tahun Buku In the Annual General Meeting of Shareholders of Fiscal Year
2018 yang diselenggarakan di Jakarta pada tanggal 24 April 2017 held in Jakarta on April 18, 2018 ANTAM shareholders
2019, pemegang saham ANTAM menyetujui penunjukan Kantor approved the appointment of Public Accountant Firm Tanudiredja,
Akuntan Publik (KAP) Tanudiredja, Wibisana, Rintis dan Rekan, Wibisana, Rintis & Partner, a member firm of Pricewaterhouse
anggota firma dari PricewaterhouseCoopers International Coopers International Limited to conduct a general audit of
Limited untuk melaksanakan audit umum atas Laporan the Consolidated Financial Statements of the Company for the
Keuangan Konsolidasian ANTAM untuk Tahun Buku 2019 Financial Year of 2019 and the Company’s Financial Statements
dan Laporan Keuangan Program Kemitraan dan Program Bina of the Partnership and Community Stewardship Program for the
Lingkungan (PKBL) untuk Tahun Buku 2019. Financial Year 2019.
Penunjukan KAP tersebut telah memenuhi ketentuan Peraturan The appointment of such Firm has fulfilled the requirements
OJK Nomor 13/POJK.03/2017 tentang Penggunaan Jasa of FSA Regulation Number 13/POJK.03/2017 regarding Use
Akuntan Publik dan Kantor Akuntan Publik dalam Kegiatan Jasa of Service of Public Accountant and Public Accountant Firm in
keuangan. Financial Services Activity.
Lingkup audit mencakup: Scopes of the audit:

1. Reviu Laporan Keuangan Konsolidasian ANTAM posisi dan 1. Review of Consolidated Financial Statements of the
periode yang berakhir 30 Juni 2019; Company position and for the period ended June 30, 2019;
2. Audit Laporan Keuangan Konsolidasian ANTAM posisi dan 2. Audit of Consolidated Financial Statements of the Company
periode yang berakhir 31 Desember 2019; dan Position and for the period ended December 31, 2019; and
3. Audit Laporan Keuangan PKBL ANTAM posisi dan periode 3. Audit the Company’s Financial Statements of the Partnership
yang berakhir 31 Desember 2019. and Community Stewardship Program of the Company for
the period ended December 31, 2019
Jasa Lain yang Diberikan Akuntan Selain Jasa Others Services Provided in Addition to Audit
Audit Laporan Keuangan Tahunan Services of Annual Financial Statement
Pihak yang ditunjuk Perseroan sebagai Akuntan Publik Party appointed by the Company as Public Accountant was
memberikan jasa lain selain lingkup audit sebagaimana tersebut provide other services in addition to the scope of the audit
di atas, yaitu Jasa laporan assurance keyakinan terbatas atas mentioned-above, namely Limited confidence assurance service
Laporan Realisasi Penggunaan Tambahan Dana Penyertaan report on the Realization Report of the Government of Indonesia
Modal Negara (PMN) untuk Triwulan keempat tahun 2019 dan Capital Injection for the fourth Quarter of 2019 and Service of
Jasa Diagnostic Review atas Product Cost dalam Sistem SAP. Diagnostic Review of Product Cost in SAP System.
Besarnya Fee untuk Masing-Masing Jenis Jasa Amount of Fee for Each Service Rendered by
yang Diberikan oleh Akuntan Publik Public Accountant
Perusahaan menetapkan nilai fee Jasa Reviu Laporan Keuangan The Company sets the fees for Review of Consolidated Financial
Konsolidasian ANTAM posisi dan periode yang berakhir Statements of the Company position and for the period ended
30 Juni 2019 dan Audit Laporan Keuangan Konsolidasian June 30, 2019 and Audit of Consolidated Financial Statements
ANTAM posisi dan periode yang berakhir 31 Desember 2019 of the Company Position and for the period ended December
sebesar Rp1.510.000.000 (Sebelum PPN 10%). Adapun untuk 31, 2019 amounted to Rp1,510,000,000 (Before VAT 10%).
Jasa Audit Laporan Keuangan Program Kemitraan dan Bina The fees for the Audit of Financial Statements of the Partnership
Lingkungan Tahun Buku 2019 sebesar Rp180.000.000 (Sebelum and Community Development Program PT ANTAM Tbk for
PPN 10%). Sedangkan nilai fee jasa lainnya yaitu Jasa laporan Financial Year 2019 amounted to Rp180,000,000 (Before
asurans keyakinan terbatas atas Laporan Realisasi Penggunaan VAT 10%). While the fees for Verification Services of Limited
Tambahan Dana PMN untuk Triwulan keempat tahun 2019 confidence insurance service report on the Realization Report
sebesar Rp90.000.000 dan Jasa Diagnostic Review atas Product of the Government of Indonesia Capital Injection for the fourth
Costs dalam Sistem SAP sebesar Rp825.000.000. Quarter of 2019 amounted to Rp90,000,000 and Service of
Diagnostic Review of Product Cost in SAP System amounted to
Rp825,000,000.
Proses Penunjukan Kantor Akuntan Publik Appointment Process of Public Accounting Firm
Penunjukan Kantor Akuntan Publik ditetapkan dalam Rapat Appointment of Public Accounting Firm determined at the
Umum Pemegang Saham (RUPS). Sebagai bagian dari Holding General Meeting of Shareholders (GMOS). As part of the Mining
Industri Pertambangan, proses pemilihan Kantor Akuntan Publik Industry Holding, the selection process for the Public Accounting
dilakukan sebagai berikut: Firm is carried out as follows:
1. Pembentukan Tim Pendukung Pengadaan Jasa Audit Laporan 1. Procurement Team Formation by PT Inalum (Persero) for the
Keuangan Holding Industri Pertambangan Tahun 2019 oleh Procurement Process of Financial Statement Audit for Financial
PT Inalum (Persero). Tim terdiri atas perwakilan dari masing- Year 2019 for Mining Industry Holding. The team consists of
masing anggota Holding Industri Pertambangan; representatives from each member of the Mining Industry Holding;
2. Penyampaian surat Direktur Utama PT Inalum (Persero) 2. Submission a letter from the President Director of PT Inalum
kepada Dewan Komisaris masing-masing anggota Holding (Persero) to the Board of Commissioners of each member of
Industri Pertambangan perihal Review Kinerja Kantor the Mining Industry Holding regarding Performance Review of
Akuntan Publik (“KAP”) Tahun 2018 dan Kerangka Acuan the Public Accounting Firm (“KAP”) in 2018 and the Terms of
Kerja (“KAK”) Pengadaan KAP Tahun Buku 2019; Reference (“TOR”) for Procurement of KAP for Financial Year 2019;
3. Dewan Komisaris melalui Komite Audit ANTAM melakukan 3. The Board of Commissioners, through the ANTAM’s Audit
review atas Kinerja Kantor Akuntan Publik (“KAP”) Tahun Committee, conducted an evaluation of the Performance of
2018 dan Kerangka Acuan Kerja Pengadaan KAP Tahun the Public Accounting Firm (“KAP”) in 2018 and the Terms of
Buku 2019; Reference for Procurement of KAP for Financial Year 2019;
4. Penyampaian hasil evaluasi kinerja KAP Tanudiredja, 4. Submission by ANTAM’s Board of Commissioners to PT Inalum
Wibisana, Rintis & Rekan Tahun Buku 2018 dan Kerangka (Persero) regarding the evaluation results of Public Accounting
Acuan Kerja Pengadaan KAP Tahun Buku 2019 oleh Dewan Firm for Financial Year 2018 and Terms of Reference of the
Komisaris ANTAM kepada PT Inalum (Persero); Procurement of Public Accounting Firm for Financial Year 2019;
5. Proses pengadaan dan evaluasi oleh Tim Pendukung 5. Procurement and evaluation process by Supporting Team for
Pengadaan Jasa Audit Laporan Keuangan Holding Industri Procurement Process of the Financial Statement Audit of
Pertambangan Tahun 2019; Mining Industry Holding for Financial Year 2019;
6. Surat Direktur Utama PT Inalum (Persero) kepada Dewan 6. Letter of President Director of PT Inalum (Persero) to the Board
Komisaris Anggota Holding Industri Pertambangan perihal of Commissioners of the Members of the Mining Industry
Hasil Evaluasi Pengadaan Jasa Kantor Akuntan Publik (KAP) Holding regarding the Evaluation Results of Procurement of
untuk Tahun Buku 2019; Public Accounting Firm Services (KAP) for Financial Year 2019;
7. Surat Dewan Komisaris ANTAM kepada PT Inalum (Persero) 7. Letter of ANTAM’s Board of Commissioners to PT Inalum
perihal Usulan Penunjukan KAP Tanudiredja, Wibisana, Rintis (Persero) regarding the Proposal of Appointing Public
& Rekan dalam RUPS Tahun Buku 2018; Accounting Firm Tanudiredja, Wibisana, Rintis & Partners at
8. Persetujuan Penunjukan KAP Tanudiredja, Wibisana, Rintis & the Annual GMOS for Financial Year 2018;
Rekan dalam RUPS Tahun Buku 2018; dan 8. Approval the Appointment of Public Accounting Firm
9. Surat Dewan Komisaris ANTAM kepada KAP Tanudiredja, Tanudiredja, Wibisana, Rintis & Partners at the Annual GMOS
Wibisana, Rintis & Rekan perihal Penunjukkan KAP for Financial Year 2018;
Tanudiredja, Wibisana, Rintis & Rekan sebagai Auditor 9. Letter from ANTAM’s Board of Commissioners to Public
Laporan Keuangan Konsolidasian ANTAM Tahun Buku 2019. Accounting Firm Tanudiredja, Wibisana, Rintis & Partners
regarding the Appointment as Auditors of ANTAM’s
Consolidated Financial Statements for Financial Year 2019.
Jumlah Periode Akuntan Publik dan Kantor Total Number of Periods of Public Accountant
Akuntan Publik (KAP) Telah Melakukan Audit and Public Accounting Firm has Audited Annual
Laporan Keuangan Tahunan Financial Statements
Berikut Kantor Akuntan Publik yang telah mengaudit Laporan The following Public Accounting Firm that has audited Financial
Keuangan ANTAM sepanjang tahun 2015-2019, sebagai berikut: Statements ANTAM throughout the years 2015-2019, as follows:
Tahun Buku Kantor Akuntan Publik Akuntan Publik

Financial Year Public Accounting Firm Public Accountant
2019 KAP Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners Jumadi, S.E., CPA
2018 KAP Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners Daniel Kohar, S.E., CPA
2017 KAP Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners Daniel Kohar, S.E., CPA
2016 KAP Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners Drs. Haryanto Sahari, CPA
2015 KAP Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners Yusron, S.E., Ak., CPA
Kebijakan Tentang Pemenuhan

Hak-Hak Kreditor
Policy of Fulfillment of Creditor’s Rights
Mitra bisnis (termasuk Kreditur) berhak memperoleh informasi Business partners (including Creditors) are entitled to obtain any
yang relevan sesuai hubungan bisnis dengan Perusahaan relevant information in accordance with its business relationship
sehingga masing-masing pihak dapat membuat keputusan with the Company, thus each party can adopt a decision through
atas dasar pertimbangan yang adil dan wajar. Selain itu, a fair and reasonable consideration. In addition, to maintain
untuk menjaga objektivitas dalam menjalankan bisnis, ANTAM objectivity in conducting business, ANTAM provides material
menyediakan informasi material dan relevan, mudah diakses, and relevant information, is accessible and understandable
dan dipahami oleh Pemangku Kepentingan termasuk Kreditur. to Stakeholders including Creditors. This is clearly stated in
Hal tersebut tercantum dalam Corporate Governance Policy ANTAM’s Corporate Governance Policy (CGP).
(CGP) ANTAM.
Di dalam Standar Etika Perusahaan mengenai hubungan dengan Related to Company’s Code of Conducts Chapter 2 point 1.8
Kreditur pada bagian Bab 2 poin 1.8 dijelaskan bahwa dalam regarding relationship with Creditors specifies that in achieving
mencapai visi dan misinya, ANTAM berupaya untuk terus its vision and mission, ANTAM strives to continue developing
mengembangkan bisnisnya dengan ditunjang pendanaan its business supported by proper funding through Investors
baik melalui Investor maupun dari Kreditur. Dalam menjalin and Creditors. In maintaining its relationship with Creditors,
hubungan dengan Kreditur, ANTAM berkomitmen untuk selalu ANTAM is committed to apply behaviors in accordance with the
menerapkan perilaku-perilaku yang berlandaskan pada etika business ethics, work ethics, as well as the prevailing laws and
bisnis, etika kerja dan peraturan perundang-undangan yang regulations, that are:
berlaku, yakni: 1. That all the elections of Creditors is held for the benefit
1. Bahwa segala proses pemilihan Kreditur dilaksanakan demi and development of Company’s business and be able to
kepentingan dan pengembangan bisnis Perusahaan serta create added value for the company. The election process
mampu menciptakan nilai tambah bagi Perusahaan dengan is implemented in accordance with the principles of GCG
mempertimbangkan kemampuan Perusahaan. Proses while maintaining the credibility and reputation of Creditors;
pemilihan dilaksanakan sesuai prinsip-prinsip GCG dengan 2. The Company continues to provide actual and relevant
tetap mempertimbangkan kredibilitas dan reputasi Kreditur; information and can be accounted and refer to the applicable
2. Perusahaan senantiasa menyediakan informasi yang bersifat disclosure policy of the Company;
aktual dan relevan serta dapat dipertanggungjawabkan dan 3. The Company is committed to fulfill the rights of Creditors
mengacu kepada kebijakan pengungkapan informasi yang in accordance with the Company policies and the prevailing
berlaku di Perusahaan; laws and regulations or agreement specifying the rights and
3. Perusahaan berkomitmen untuk memenuhi hak-hak Kreditur obligations of ANTAM and its Creditors.
sesuai kebijakan Perusahaan dan ketentuan/peraturan
perundang-undangan yang berlaku ataupun berdasarkan
kesepakatan yang mengatur terkait hak dan kewajiban
ANTAM dan Kreditur.
Selama tahun 2019, Perusahaan selalu memenuhi kewajiban terhadap Kreditur

(Bank, Lembaga Keuangan Non-Bank dan Pemegang Obligasi).
During 2019, the Company has fulfilled its obligations to the Creditors
(Bank, Non-Bank Financial Institutions and Bond Holders).
Standar Etika Perusahaan

Code of Conduct (CoC)
Penandatanganan Komitmen Implementasi Standar

Etika Perusahaan dilakukan oleh Seluruh Insan
ANTAM setiap tahun
All of ANTAM Employees are Signing the Commitment of
the Code of Conduct Implementation in Every Year
Pengesahan Standar Etika Perusahaan Ratification of CoC

ANTAM memiliki Standar Etika Perusahaan atau Code of Conduct ANTAM has had Corporate Ethical Standards or Code of
(CoC) sejak tahun 2007 yang disusun dengan tujuan untuk Conduct (CoC) since 2007 that has been established in order
mempengaruhi, membentuk, mengatur, dan mengendalikan to influence, form, organize, and control appropriateness of
kesesuaian tingkah laku Insan ANTAM yang sejalan dengan ANTAM Employee behaviour in line with ANTAM’s culture to
budaya ANTAM dalam mencapai visi misinya. achieve the Company’s vision and mission.
CoC terkini diterbitkan tahun 2019 dan telah ditandatangani The latest CoC was published in 2019 and have re-signed by
kembali oleh Dewan Komisaris dan Direksi pada tanggal the Board of Commissioners and the Board of Directors on
5 Juli 2019. CoC ini senantiasa disesuaikan dengan July 5, 2019. This CoC is always adjusted to the changes in laws,
perkembangan hukum, sosial, norma, peraturan dan bisnis social norms, regulation and ANTAM’s business.
ANTAM.
Obyek Standar Etika Perusahaan Objects of the Company’s Code of Conduct

Standar Etika Perusahaan ini wajib dipatuhi dan dilaksanakan The Company’s Code of Conduct must be obeyed and
oleh: implemented by:
TKWT, Pegawai Outsourcing,

seluruh Pihak yang
Direksi, Dewan Komisaris,
Seluruh Insan ANTAM di bertindak untuk dan atas Investor
serta Pegawai Anak Mitra Kerja ANTAM
Semua Level nama ANTAM ANTAM
Perusahaan dan Afiliasi
ANTAM’s
The Entire of ANTAM Employee Certain Time, ANTAM’s
BOD, BOC, Employee of Partner
Employee at all levels Outsourcing employee, Investor
Subsidiaries and Affiliation
and Other person acting on
behalf of ANTAM
Penandatanganan Komitmen Standar Etika Signing of the Company’s Code of Conduct

Perusahaan
Sebagai bentuk komitmen tersebut, Standar Etika Perusahaan As a form of commitment, the Code of Conduct must be signed
wajib ditandatangani setiap tahunannya oleh seluruh Insan every year by all ANTAM Employee. ANTAM have used an online
ANTAM. ANTAM telah menggunakan sistem online untuk system for signing of the commitment through ANTAM internal
pemberian komitmen melalui portal internal ANTAM sehingga portal, thus it is more effective and efficient.
lebih efektif dan efisien.
Tingkat Pemberian Komitmen CoC

Level of CoC Commitment
%
100 100 100 Pada tahun 2019, persentase pemberian komitmen atas Standar Etika
Perusahaan mencapai 100% yang membuktikan bahwa seluruh Insan
ANTAM berkomitmen untuk patuh pada Standar Etika Perusahaan.
In 2019, 100% of ANTAM Employee gave commitment of CoC that reflect all ANTAM
Employee were committed to comply with CoC.
2017 2018 2019
Isi Standar Etika Perusahaan Content of the Company’s Code of Conduct

Standar Etika ANTAM telah memuat sebagian besar pokok- ANTAM CoC has included most of the fundamentals
pokok yang direkomendasikan oleh ASX Corporate Governance recommended by the ASX Corporate Governance Principles
Principle and Recommendation 4th Edition seperti Persamaan and Recommendations 4th Edition, such as Equality and Respect
dan Penghormatan pada Hak Asasi Manusia (HAM), hubungan for Human Rights, relationships with suppliers and customers,
dengan pemasok dan pelanggan, hubungan dengan pesaing, relationship with competitors, relationship with the surrounding
hubungan dengan masyarakat sekitar, perilaku etis terhadap community, ethical behavior towards fellow employees,
sesama karyawan, kepatuhan terhadap hukum serta kesempatan compliance with laws and fair employment opportunities. It
kerja yang adil. Standar Etika ANTAM juga telah memuat pokok- likewise includes the principles of business ethic guidelines
pokok pedoman etika bisnis dari Komite Nasional Kebijakan specified by the National Committee on Governance Policies
Governance (KNKG). Dalam Standar Etika juga telah mengatur (KNKG). In addition, the CoC also regulates behavioural
kesesuaian tingkah laku Insan ANTAM antara lain: perilaku anti conformity of ANTAM Employee, which includes: anti-corruption,
korupsi, tidak mengkonsumsi obat-obatan terlarang, narkoba not taking illegal drugs and alcohol, and not committing acts of
dan minuman keras serta tidak melakukan tindakan pelecehan sexual harassment or other immoral behaviour. In addition, in line
seksual ataupun perilaku amoral lainnya. Selain itu, seiring with development of the information technology, ANTAM also
dengan perkembangan teknologi informasi, ANTAM juga regulates the ethics in using social media for ANTAM Employee.
mengatur mengenai etika dalam penggunaan media sosial bagi
Insan ANTAM.
Standar Etika Perusahaan mencakup Etika Usaha dan Etika Kerja. Company’s Code of Conduct include Business Ethics and Work
Etika usaha merupakan standar perilaku usaha yang diterapkan Ethics. Business Ethics are standards of the business conduct
Perusahaan sebagai suatu entitas bisnis dalam berinteraksi performed by the Company as a business entity in interacting
dan berhubungan dengan Stakeholders baik internal maupun and dealing with both internal and external Stakeholders, while
eksternal, sedangkan Etika Kerja merupakan standar perilaku Work Ethics sets the standard of ANTAM Employee in carrying
kerja yang digunakan oleh Insan ANTAM dalam melaksanakan out duties for and on behalf of the Company, as well as within
tugas untuk dan atas nama Perusahaan, maupun dalam interact and relate with fellow colleagues and stakeholders.
berinteraksi dan berhubungan dengan sesama rekan kerja serta
Stakeholders.
Etika Usaha Etika Kerja

Business Ethics Work Ethics
a. Hubungan dengan Pegawai a. Kepatuhan terhadap hukum
Relationship with Employees Compliance to the law
b. Hubungan dengan Pelanggan b. Benturan kepentingan
Relationship with Customers Conflict of interest
c. Hubungan dengan Pemasok c. Memberi dan menerima
Relationship with Suppliers Giving and receiving
d. Hubungan dengan Pesaing d. Persamaan dan penghormatan pada Hak Asasi Manusia (HAM)
Relationship with Competitors Equality and respect for Human Rights
e. Hubungan dengan Regulator e. Kesempatan kerja yang adil
Relationship with Regulators Fair Employment opportunities
f. Hubungan dengan Masyarakat Sekitar f. Pembayaran tidak wajar
Relationship with the Community Unreasonable Payment
g. Hubungan dengan Investor dan Pemegang Saham g. Kerahasiaan data dan informasi
Relationship with Investors and Shareholders Confidentiality of data and Information
h. Hubungan dengan Kreditor h. Pengawasan dan penggunaan aset
Relationship with Creditors Asset utilization and supervision
i. Hubungan dengan Anak Perusahaan/Perusahaan Patungan i. Keselamatan dan Kesehatan Kerja serta Lingkungan
Relationships with Subsidiaries/Joint Ventures Occupational Health and Safety and Environment
j. Hubungan dengan Media j. Hak Atas Kekayaan Intelektual (HAKI)
Relationship with the Media Intellectual Property Rights (IPR)
k. Perdagangan Internasional k. Perilaku etis terhadap sesama Pegawai
International Trading Ethical behavior among employees
l. Hubungan dengan Komunitas/Organisasi Profesi l. Penggunaan Media Sosial
Relationship with Community/Professional Organization Usage of the Social Media
m. Hubungan dengan Induk Perusahaan (Holding) dan Anggota Holding
Industri Pertambangan
Relationship with Holding and Member of Mining Industry Holding
Sosialisasi Standar Etika Perusahaan Socialization of the Company’s Code of Conduct

Agar dapat memberikan pemahaman kepada seluruh Insan In order to provide the understanding all of ANTAM Employee,
ANTAM, di tahun 2019 Perusahaan telah melakukan sosialisasi In 2019 the Company conducted socialization of the Code of
Standar Etika Perusahaan secara langsung ke Pegawai di Kantor Conduct directly to employee at Head Office, Business Units and
Pusat, Unit Bisnis dan Anak Perusahaan serta melalui website, Subsidiaries as well as through ANTAM website, internal portal
portal internal ANTAM, serta e-mail Pegawai. Apabila informasi and employees office e-mail. If the published information be
yang telah dipublikasikan kurang lengkap, Pegawai sewaktu- considered insufficient, employees may raise any question to
waktu dapat bertanya kepada atasan langsung maupun ke unit their direct supervisor or to the authorized work unit in charge
kerja yang bertanggung jawab atas implementasi GCG yaitu of the GCG implementation, i.e. Corporate Secretary Division
Divisi Corporate Secretary melalui fungsi GCG Implementation through the function of the GCG Implementation Manager.
Manager.
Pengukuran Pemahaman Standar Etika Measurement of the Understanding of Code

Perusahaan of Conduct
Pengukuran atas pemahaman Standar Etika Perusahaan Measurement of the understanding of Code of Conduct is
dilakukan untuk mengetahui sejauh mana Insan ANTAM performed to know how far ANTAM Employee perceive and
telah menyadari dan memahami mengenai implementasi have been aware of the implementation of Good Corporate
Good Corporate Governance dan Standar Etika Perusahaan Governance and the Code of Conduct of their respective work
di area kerja masing-masing serta bagaimana Insan ANTAM areas, and how ANTAM Employee understands the mechanism
memahami mekanisme pelaporan atas pelanggaran terhadap for reporting on violation of the Code of Conduct. Since 2013,
Standar Etika Perusahaan. Sejak tahun 2013, pengukuran measurement of the understanding of Code of Conduct has
pemahaman Standar Etika Perusahaan menjadi bagian dalam been a part of Key Performance Indicator (KPI) of each Division/
Key Performance Indicator (KPI) masing-masing Divisi/Unit/Unit Unit/Business Unit which will affect KPI assessment and work
Bisnis yang selanjutnya akan berdampak pada hasil penilaian KPI incentive of each employee. The understanding level of ANTAM
dan Insentif kerja yang diterima karyawan. Tingkat pemahaman Employee about the implementation of the Company Code of
Insan ANTAM terhadap implementasi Standar Etika Perusahaan Conduct in 2019 is Good.
di tahun 2019 berada dalam kategori Baik.
Sanksi Pelanggaran Standar Etika Perusahaan Sanctions Violations on Code of Conduct

Sanksi yang diberikan atas pelanggaran terhadap Standar Etika Type of sanctions imposed on the CoC violations are:
Perusahaan yaitu:
Insan ANTAM Mitra Kerja ANTAM Atas Pelanggaran Hukum

ANTAM Employee ANTAM’s Partner Violation of Law
Sanksi sesuai dengan tindakan- Sanksi sesuai dengan kontrak, peraturan perundang-undangan Pemasalahan dapat diteruskan
tindakan disipliner berupa dan keputusan Perusahaan kepada pihak yang berwajib
teguran lisan maupun tertulis,
hukuman disiplin, sampai Sanctioned in accordance with the contract, prevailing laws and The issue can be forwarded to
pemutusan hubungan kerja decisions of the Company the authorities
sesuai dengan mekanisme yang
ditetapkan dalam Perjanjian Kerja
Bersama
Disciplinary actions in the form of

spoken and written reprimands,
disciplinary punishment, to
termination of employment in
accordance with the mechanism
set by in the Collective Labor
Agreement
Selama tahun 2019, sanksi atas pelanggaran CoC telah diberikan During 2019, sanctions given to the employee in Head Office
untuk pegawai di lingkup Kantor Pusat dengan mengacu pada area who violate CoC in accordance with the Company’s internal
peraturan Internal Perusahaan dan Perjanjian Kerja Bersama rules and Collective Labor Agreement (CLA) are as follows:
(PKB), yakni:
Jenis Pelanggaran Aturan Perjanjian Kerja Bersama (PKB) Jumlah Pelanggaran 2019
Type of Violation Provisions of Collective Labor Agreement Number of Violations 2019
Berat Sanksi berupa Pemotongan Insentif sampai dengan Pemutusan Hubungan Kerja
10
Major Sanctions in the form of incentives deduction up to termination of employment
Sanksi berupa Teguran Tertulis dan Masa Pembinaan Selama
Sedang 6 (enam) Bulan serta Pemotongan Insentif Tahunan
3
Moderate Sanction in the form of Written Reprimand and Coaching Period of 6 (six) Months as
well as deduction of Annual Incentive
Ringan Sanksi berupa Teguran Tertulis dan Masa Pembinaan Selama 1 (satu) Bulan
19
Minor Sanction in the form of Written Reprimand and Coaching Period of 1 (one) Month
Pengelolaan Benturan Kepentingan

dan Hubungan dengan Pihak Berelasi
Management of Conflict of Interest and Relations with Related Parties
Benturan kepentingan adalah keadaan di mana terdapat Conflict of interest is a situation where there is a difference
konflik antara kepentingan ekonomis Perusahaan dengan between the economic interests of the Company and the
kepentingan ekonomis pribadi anggota Direksi, anggota Dewan personal economic interests of members of the Board of
Komisaris, atau Pemegang Saham utama yang dapat merugikan Directors, members of the Board of Commissioners, or major
Perusahaan. Pencegahan benturan kepentingan di ANTAM Shareholders who may disserve the Company. Prevention of
tercantum dalam: conflicts of interest in ANTAM is contained in:
Anggaran Dasar Perseroan

Corporate Governance Policy Standar Etika Perusahaan
The Articles of Association
(CGP) Code of Conduct (CoC)
of the Company
Bahwa untuk transaksi yang memuat Bahwa setiap anggota Dewan Komisaris, Bagian Benturan Kepentingan yaitu, setiap
benturan kepentingan ekonomis anggota Direksi dan Karyawan Perusahaan yang Insan ANTAM mempunyai hak untuk ikut
Direksi, Dewan Komisaris atau Pemegang memiliki wewenang pengambilan serta dalam kegiatan keuangan, usaha,
Saham, diperlukan persetujuan RUPS keputusan diharuskan setiap tahun sosial budaya, politik dan kegiatan lain
sebagaimana diatur lebih lanjut dalam membuat pernyataan tidak memiliki yang sah di luar pekerjaan dengan tetap
Anggaran Dasar Perseroan benturan kepentingan terhadap setiap memperhatikan kewajibannya kepada
keputusan yang telah dibuat olehnya dan Perusahaan. Kegiatan tersebut harus
That the transaction containing conflict of telah melaksanakan Standar Etika yang sah dan bebas dari konflik kepentingan
economic interest of members of the BOC, ditetapkan oleh Perusahaan dengan tanggung jawab mereka sebagai
BOD or Shareholders, required the GMOS Insan ANTAM. Insan ANTAM tidak boleh
approval as further stipulated in the Articles That each member of the BOC, BOD and menyalahgunakan sumber daya atau
of Association of the Company Employees of the Company who have pengaruh Perusahaan sehingga dapat
decision-making authority is required every mendiskreditkan nama baik dan reputasi
year to make a statement no conflict of Perusahaan
Charter Dewan Komisaris interest against any decision that has been
made by him and has implemented the In Conflict of Interest section, which stated
Charter of the Board of Code of Conduct set by the Company that every ANTAM Employee have the right
Commissioners to participate in the activities of financial,
business, social, cultural, political and
other lawful activities outside their work
Bahwa Anggota Dewan Komisaris harus
Charter Direksi with still consider their obligation to the
mengungkapkan seluruh benturan Charter of the Board of Directors Company. These activities must be legal
kepentingan yang sedang dihadapi and free from conflicts of interest with
maupun yang berpotensi menjadi benturan their responsibilities as ANTAM Employee.
kepentingan atau segala ANTAM Employee must not misuse the
sesuatu yang dapat menghambat anggota Bahwa Anggota Direksi harus resources or influence of the Company that
Dewan Komisaris untuk bertindak mengungkapkan seluruh benturan can discredit reputation of the Company
independen kepentingan yang sedang dihadapi
maupun yang berpotensi menjadi benturan
That Members of the Board of kepentingan atau segala sesuatu yang
Commissioners must disclose all conflicts dapat menghambat anggota Direksi untuk
of interest that is being faced or has bertindak independen
potential conflict of interest or anything
that can inhibit members of the Board of That the Board of Directors must disclose
Commissioners to act independently the entire conflicts of interest that is being
faced or has potential conflict of interest
which can inhibit member of the Board of
Directors to act independently
Sepanjang tahun 2019, tidak terdapat benturan kepentingan Throughout 2019, there was no conflict of interest conducted
yang dilakukan oleh Dewan Komisaris dan Direksi Perusahaan. by the Board of Commissioners and the Board of Directors.
Hal ini tercantum dalam surat pernyataan yang menyatakan telah This statement was stipulated in the letter signed by the Board
bertindak independen selama tahun 2019 dan publikasi daftar of Commissioners and the Board of Directors that stated if he
khusus kepemilikan saham Perseroan yang ditandatangani oleh had acted independently during 2019 and the publication of
Dewan Komisaris dan Direksi serta telah dipublikasikan pada a special register of share ownership of the Company’s on the
website Perusahaan. Company’s website.
Pencegahan Transaksi Orang Dalam

Insider Trading Prevention
Kebijakan Perdagangan Efek Berbentuk Saham Securities Trading Policy

Perusahaan
Perusahaan memiliki Kebijakan Perdagangan Efek Berbentuk The Company has set out the Company’s securities Trading Policy
Saham Perusahaan berdasarkan Keputusan Direksi Nomor in accordance with the Directors’ Resolution Number 242.K/02/
242.K/02/DAT/2013 dan telah dipublikasikan di portal internal DAT/2013 and has been published on the Company’s internal
dan website Perusahaan. Orang Dalam Perusahaan atau pihak- portal and website. Insiders of the Company or parties who have
pihak yang mempunyai Hubungan Istimewa dengan Perusahaan a Special Relationship with the Company are prohibited from
dilarang memperdagangkan sekuritas Perusahaan berdasarkan trading the Company’s securities based on the information or
Informasi atau Fakta Material yang belum diungkap. material facts that have not been disclosed.
Definisi Orang Dalam Perusahaan meliputi: Definition of the Company’s Insider includes:
1. Pemegang Saham Utama Perusahaan; 1. Majority shareholder of the Company;
2. Komisaris, Direktur, atau Karyawan Perusahaan; 2. Commissioner, Director, or Employee of the Company;
3. Orang perseorangan yang karena kedudukan atau 3. An individual person who, because of his status or profession
profesinya atau karena hubungan usahanya dengan or because of his business relationship with the Company,
Perusahaan memungkinkan orang tersebut memperoleh has a possibility of receiving information from the Insider; or
Informasi Orang Dalam; atau 4. A party who holds no longer been listed in point (1), (2) and
4. Pihak yang dalam waktu 6 (enam) bulan terakhir tidak lagi (3) stated above for the past 6 (six) months.
menjadi Pihak sebagaimana disebutkan dalam angka (1), (2)
dan (3) di atas.
Pejabat Pengawas Supervisory Officials

Pejabat Pengawas Ketaatan Perdagangan Surat Berharga Supervisory Official of the Company’s Securities Trading
Perusahaan adalah SVP Corporate Secretary. Dalam hal SVP Compliance is SVP Corporate Secretary, and if SVP Corporate
Corporate Secretary tidak ada atau berhalangan maka Pejabat Secretary is unavailable or absent, Investor Relation Officer is
Investor Relations diberi wewenang untuk memastikan ketaatan therefore granted the authority to ensure the compliance.
tersebut.
Selama tahun 2019, tidak terdapat pelanggaran perdagangan saham

yang dilakukan oleh Orang Dalam Perusahaan
Throughout 2019, there were no violations of share trading conducted by Insiders of the Company
Setiap adanya perubahan portofolio kepemilikan saham Dewan For any change of the share ownership portfolio of the members
Komisaris dan Direksi, baik di ANTAM atau diluar ANTAM, of the Board of Commissioners and the Board of Directors,
maka Dewan Komisaris dan Direksi wajib melaporkan kepada either in ANTAM or outside ANTAM, shall be reported through
SVP Corporate Secretary melalui penyerahan Daftar Khusus the submission of share ownership special registers to the SVP
Kepemilikan Saham untuk selanjutnya disampaikan kepada Corporate Secretary for further submission to the Capital Market
Otoritas Pasar Modal selambat-lambatnya 3 (tiga) hari sejak Authority no later than 3 (three) days after the transaction date.
terjadinya transaksi.
Pengendalian Gratifikasi
Gratification Control
ANTAM senantiasa melakukan sosialisasi kepada manajemen dan pegawai mengenai Implementasi
GCG, Standar Etika, Pengendalian Gratifikasi dan LHKPN di Unit/Unit Bisnis dan Anak Perusahaan
ANTAM always conduct socialization to management and employees regarding GCG Implementation, Ethical
Standards, Gratification Control and LHKPN in Business Units/Units and Subsidiaries
ANTAM berkomitmen untuk tidak memberi dan menerima ANTAM is committed not to give and receive gifts and
hadiah serta gratifikasi, dengan diterbitkannya SK Direksi gratification, with the issuance of the Board of Directors’ Decree
Nomor 202.K/701/DAT/2009 yang telah dimutakhirkan dengan Number 202.K/701/DAT/2009 that has been updated with
SK Direksi Nomor 690.K/083/DAT/2017 tentang Kebijakan the Board of Directors’ Decree Number 690.K/083/DAT/2017
Pengendalian Gratifikasi. Kebijakan ini mengatur tentang regarding Policy on Preventing Gratification. This Policy set
pemberian dan penerimaan Gratifikasi yang dilakukan oleh concerning giving and receiving action of gratification which
Insan ANTAM serta upaya-upaya pencegahan dan pengendalian conducted by ANTAM Employee as well as preventive action
Gratifikasi di lingkungan ANTAM. Kebijakan ini mengacu pada and gratification controlling in ANTAM. This policy refers to
Peraturan KPK Nomor 6 Tahun 2015 tentang Perubahan atas regulation of Indonesian Corruption Eradication Commission
Peraturan KPK Nomor 2 Tahun 2014 tentang Pedoman Pelaporan (KPK) Number 6 year 2015 regarding the Amendment of
dan Penetapan Status Gratifikasi. Kebijakan Pengendalian Regulation of Indonesian Corruption Eradication Commission
Gratifikasi telah dipublikasikan dalam portal internal dan website (KPK) Number 2 year 2014 regarding Guidelines for Reporting
Perusahaan. and Determination of Gratification Status. The Gratification
Control Policy has been published on the Company’s internal
portal and website.
Pada tahun 2017, ANTAM telah bekerja sama dengan KPK In 2017, ANTAM has collaborated with the KPK to strengthen
untuk memperkuat budaya anti gratifikasi. Kerja sama tersebut the anti-gratification culture. The collaboration was realized
di antaranya diwujudkan melalui penandatanganan komitmen through the signing of the Integrated Prevention commitments
Pencegahan Terintegrasi serta pelaksanaan program-program and the implementation of training programs involving the KPK
pelatihan yang melibatkan KPK sebagai narasumber. as the Speaker.
Etika terkait Gratifikasi Ethics relating to Gratification

ANTAM berkomitmen untuk menjalankan bisnisnya secara ANTAM is committed to carry out its business truthfully and fairly
jujur, adil tanpa melakukan tindakan yang mengarah kepada without performing any unlawful act (fraud) and corruption. The
segala bentuk kecurangan (fraud) dan tindakan korupsi. Dalam Company’s Code of Conduct also regulates the Ethics of Giving
Standar Etika Perusahaan telah diatur Etika Kerja Memberi dan and Receiving, as follows:
Menerima sebagaimana berikut:
1. Melarang keras Insan ANTAM melakukan tindakan Korupsi 1. To strictly prohibit ANTAM Employee in performing acts
termasuk tindakan penyuapan (bribery) dalam segala macam of corruption, including acts of bribery in any form, either
bentuk, baik secara langsung maupun tidak langsung; directly or indirectly;
2. Melarang keras untuk memberikan atau menjanjikan, baik 2. To strictly prohibit ANTAM Employee in giving or promising,
langsung maupun tidak langsung hadiah kepada para pihak either directly or indirectly, a gift to the parties associated
yang berhubungan dengan Perusahaan, dimana pemberian with the Company, whereby such giving or promising is
tersebut diketahui atau patut diduga digunakan untuk known or reasonably suspected to be used to influence or
mempengaruhi atau menggerakkan para pihak tersebut drive the parties to do or not do something in a position that
melakukan atau tidak melakukan sesuatu dalam jabatannya is contrary to its obligations;
yang bertentangan dengan kewajibannya; 3. ANTAM may give donations/contributions associated with
3. ANTAM dapat memberikan donasi/sumbangan terkait ANTAM’s responsibility of the surroundings and the donation
dengan tanggung jawab ANTAM terhadap lingkungan shall not be related to politics or to influence ANTAM;
sekitarnya dan donasi tersebut tidak terkait dengan politik 4. All expenses in relation to donations or contributions must
atau untuk mempengaruhi ANTAM; obtain appropriate authorization and can be fully accounted
4. Semua pengeluaran yang berhubungan dengan donasi dan for transparently;
sumbangan harus mendapatkan otorisasi yang sesuai dan 5. ANTAM Employee are strictly prohibited from receiving
dapat dipertanggungjawabkan dengan jelas; any gift from any party, which gift is identified and could
5. Dilarang keras menerima hadiah dari pihak manapun, yang reasonably be expected to be used to motivate them to
diketahui dan patut diduga bahwa hadiah tersebut diberikan or not to perform any action against their obligations in
untuk menggerakkan agar melakukan atau tidak melakukan relation to their positions. This prohibition also includes
sesuatu dalam jabatannya, yang bertentangan dengan direct or indirect provision/acceptance of gifts/rewards from/
kewajibannya. Pelarangan ini juga meliputi pemberian/ to ANTAM Employee or on behalf of ANTAM Employee;
penerimaan langsung ataupun tidak langsung yang 6. Strictly prohibits ANTAM Employee from making deduction
ditujukan kepada Insan ANTAM atau mengatasnamakan or taking payment in any amount from any third party as a
Insan ANTAM; reward for performing their duties and obligations;
6. Dilarang keras memotong atau mengambil pembayaran 7. Ensures that all incomes and expenses are for the Company’s
dalam jumlah berapapun kepada pihak ketiga sebagai operational activity purposes.
imbalan atas pelaksanaan tugas dan kewajibannya;
7. Memastikan semua penerimaan dan pengeluaran adalah
peruntukan kegiatan operasional Perusahaan.
Unit Pengendali Gratifikasi Gratification Control Unit

Untuk memperkuat pengendalian Gratifikasi di Perusahaan, To strengthen Gratification control in the Company, ANTAM has
ANTAM telah memiliki Unit Pengendali Gratifikasi sejak tahun owned the Gratification Control Unit since 2017.
2017.
Struktur Unit Pengendali Gratifikasi

Structure of Gratification Control Unit
SVP Corporate Secretary

Ketua Unit Pengendali Gratifikasi
Chairman Gratification Control Unit
SVP Legal and Compliance SVP Human Capital Management

Ketua I Unit Pengendali Gratifikasi Ketua II Unit Pengendali Gratifikasi
Vice Chairman I Gratification Control Unit Vice Chairman II Gratification Control Unit
Performance
GCG Implementation Manager Compliance Manager
and Remuneration Manager
Anggota Anggota
Anggota
Member Member
Member
Tugas Unit Pengendali Gratifikasi

Duties of Gratification Control Unit
Sosialisasi dan internalisasi budaya pengendalian

gratifikasi
Socialization and internalisation gratification
control Menerima dan mendokumentasikan laporan
gratifikasi dari pihak internal dan eksternal
Receiving and archiving gratification reports
from internal and external parties
Identifikasi titik rawan potensi gratifikasi

Identification of gratification vulnerable
point
Melakukan Analisa status gratifikasi
Analyzing gratification status
Menyampaikan hasil pengendalian gratifikasi

kepada Direksi Berkoordinasi dengan KPK
Reporting the result of gratification control to the Coordinating with KPK
Board of Directors
Selama Tahun 2019, terdapat 11 (sebelas) pelaporan Gratifikasi di ANTAM

dan semua laporan telah ditindaklanjuti oleh Unit Pengendali Gratifikasi
During 2019, there were 11 (eleven) Gratification reports at ANTAM and all reports
had been followed up by Gratification Control Unit
Budaya Anti Gratifikasi Anti Gratification Culture

Sebagai tindak lanjut dari penandatanganan komitmen As a follow up to the signing of an integrated prevention
pencegahan terintegrasi bersama KPK, ANTAM menanamkan commitment with KPK, ANTAM embed culture anti-gratification
budaya anti gratifikasi kepada seluruh Insan ANTAM melalui to all employee through some efforts are:
beberapa upaya di antaranya: 1. Updating Gratification Control Policy;
1. Melakukan pengkinian Kebijakan Pengendalian Gratifikasi; 2. President Director Official Memo Number 30/D/09/2019
2. Nota Dinas Direktur Utama Nomor 30/D/09/2019 tanggal dated March 25, 2019 concerning Appeals for the
25 Maret 2019 perihal Himbauan Pelaksanaan Kegiatan Implementation of Clean Company Operations from all
Operasional Perusahaan yang Bersih dari segala bentuk forms of Fraud and Internalization of Anti-Corruption
Penyimpangan (Fraud) dan Internalisasi Budaya Anti Korupsi; Culture;
3. Sosialisasi Surat Komisi Pemberantasan Korupsi Republik 3. Socialization of the Corruption Eradication Commission
Indonesia Nomor B/3956/GTF.00.02/01-13/05/2019 tanggal Letter of the Republic of Indonesia Number B/3956/
8 Mei 2019 perihal Imbauan Pencegahan Gratifikasi terkait GTF.00.02/01-13/05/2019 dated May 8, 2019 concerning
Hari Raya Keagamaan; Appeal for Gratification Prevention related to Religious
Holidays;
4. Nota Dinas SVP Corporate Secretary Nomor 1031/ 4. SVP Corporate Secretary Official Memo Number 1031/
DCS/09/2019 tanggal 19 September 2019 perihal Larangan DCS/09/2019 dated September 19, 2019 concerning the
Gratifikasi Dalam Proses Pengadaan Barang dan Jasa; Prohibition of Gratification in the Process of Procurement of
5. Sosialisasi Pengendalian Gratifikasi kepada manajemen dan Goods and Services;
pegawai di beberapa unit bisnis dan Anak Perusahaan yaitu 5. Socialization of Gratification Control to management and
Unit Bisnis Pertambangan Nikel Maluku Utara pada tanggal employees in several business units and subsidiary, namely
1 Juli 2019, Unit Bisnis Pertambangan Bauksit Kalimantan North Maluku Nickel Mining Business Unit on July 1, 2019,
Barat tanggal 5 Agustus 2019, Anak Perusahaan ANTAM West Kalimantan Bauxite Mining Business Unit on August
yaitu PT Indonesia Chemical Alumina tanggal 6 Agustus 5, 2019, ANTAM Subsidiary PT Indonesia Chemical Alumina
2019, Unit Bisnis Pengolahan dan Pemurnian Logam Mulia on August 6, 2019, Precious Metals Processing and Refinery
pada tanggal 21 November 2019 dan induksi pegawai baru Business Unit on November 21, 2019 and induction for new
pada 17-19 September 2019 dan 5 Desember 2019. employee on September 17-19, 2019 and December 5,
2019.
Sosialisasi Anti Gratifikasi juga dilakukan melalui kampanye di Anti-Gratification socialization was also carried out through
media internal ANTAM dan banner di Kantor Pusat dan seluruh campaigns in ANTAM’s internal media and banners at the Head
Unit Bisnis ANTAM. Office and all ANTAM Business Units.
Jumlah Pelaporan Gratifikasi Gratification Report

Selama tahun 2019 terdapat peningkatan jumlah pelaporan During 2019 there was an increase in the number of reported
gratifikasi menjadi 11 (sebelas) pelaporan dibandingkan tahun gratification to 11 (eleven) reports compared to 2018 with 4
2018 sejumlah 4 (empat) pelaporan. Hal ini didukung karena (four) reports. This is supported because in 2019 ANTAM held
pada tahun 2019 dilakukan sosialisasi anti gratifikasi yang intensif intensive anti-gratification socialization to Business Unit and
ke Unit Bisnis dan Anak Perusahaan sehingga meningkatkan Subsidiary so those action increase the understanding and
pemahaman dan kesadaran Insan ANTAM terhadap larangan awareness of ANTAM’s employee regarding gratification.
gratifikasi.
Pengelolaan Laporan Harta Kekayaan

Penyelenggara Negara (LHKPN)
Management of State Officials’ Wealth Report (LHKPN)
Kebijakan Penyampaian dan Pengelolaan LHKPN Policy on LHKPN Report Submission and
Management
ANTAM memiliki kebijakan mengenai Penyampaian dan ANTAM has a policy on Submission and Management of State
Pengelolaan Laporan Harta Kekayaan Penyelenggara Negara Officials Wealth Report (LHKPN) in accordance with the Board
(LHKPN) berdasarkan Surat Keputusan (SK) Direksi Nomor of Directors Decree Number 356.K/083/DAT/2017 dated June
356.K/083/DAT/2017 tanggal 13 Juni 2017, yang merupakan 13, 2017 which is the updated of the Board of Directors Decree
pemutakhiran dari SK Direksi Nomor 65.K/701/DAT/2014 Number 65.K/701/DAT/2014 dated March 12, 2014. This policy
tanggal 12 Maret 2014. Kebijakan ini mengatur tata cara regulates the procedures for submitting LHKPN, managing
penyampaian, pengelolaan LHKPN, Pegawai yang diwajibkan LHKPN, Employees who are required to submit LHKPN, and
untuk menyampaikan LHKPN dan sanksi bagi pegawai terkait sanctions imposed for Employees who do not submit LHKPN.
yang tidak melaporkan LHKPN. Kebijakan ini mengacu pada This policy refers to the Regulation of Indonesian Corruption
Peraturan KPK RI Nomor 7 Tahun 2016 tentang Tata Cara Eradication Commission (KPK) Number 7 year 2016 concerning
Pendaftaran, Pengumuman dan Pemeriksaan Harta Kekayaan the Procedures for Registration, Announcement and Inspection
Penyelenggara Negara. of State Officials’ Wealth Report.
Wajib Lapor LHKPN Compulsory Reporter of LHKPN

Berdasarkan Kebijakan Penyampaian dan Pengelolaan Laporan In accordance with the Policy on Submission and Management
Harta Kekayaan Penyelenggara Negara, Wajib Lapor LHKPN di of State Officials Wealth Report (LHKPN), the officials who are
ANTAM adalah: required to submit the LHKPN Report in ANTAM are:
Pegawai hingga 2 (dua)

Dewan Komisaris Direksi level di bawah Direksi
The Board of Commissioners The Board of Directors Employees up to 2 (two) levels
below the Board of Directors
Pengelola LHKPN LHKPN Management

Struktur Administrator Pengelola LHKPN ANTAM yaitu: Administrator structure of ANTAM’s LHKPN management:
SVP Human Capital Management

Administrator Instansi Pengelola LHKPN
Administrator of LHKPN Management Agency
SVP Corporate Secretary

Wakil Administrator Instansi Pengelola LHKPN
Vice Administrator of LHKPN Management Agency
Good Corporate Governance Specialist Remuneration Senior Officer

Anggota Anggota
Member Member
1. Administrator Instansi Pengelola LHKPN adalah SVP Human 1. Institution administrator of State Officials’ Wealth Report
Capital Management dan SVP Corporate Secretary dengan (LHKPN) Management are SVP Human Capital Management
tugas: and SVP Corporate Secretary with the following tasks:
a. Berkoordinasi dengan KPK dalam hal monitoring dan a. Coordinating with Indonesia’s Corruption Eradication
evaluasi terhadap kepatuhan Wajib Lapor LHKPN; Commission (KPK) in monitoring and evaluating the
b. Menyampaikan data kepegawaian dan data perubahan compliance of compulsory reporter of LHKPN;
jabatan Wajib Lapor LHKPN kepada KPK; b. Submitting data on employment and change of
c. Mengingatkan Wajib Lapor LHKPN di lingkungan compulsory reporter of LHKPN to KPK;
ANTAM untuk memenuhi kewajiban penyampaian dan c. Reminding the compulsory reporter of LHKPN in ANTAM
pengumuman LHKPN; to fulfill their obligations to submit and declare the
d. Mengatur bentuk dan jenis sanksi administratif bagi LHKPN;
Wajib Lapor LHKPN yang tidak melaporkan dan d. Arranging the form and type of administrative sanction
mengumumkan; for compulsory reporter of LHKPN who do not report
e. Melakukan sosialisasi kewajiban dan tata cara pengisian and declare their LHKPN;
Formulir LHKPN kepada Wajib Lapor LHKPN. e. Organizing a dissemination of the requirement and
2. Administrator Unit Kerja Pengelola LHKPN adalah Good procedures for completing LHKPN forms for compulsory
Corporate Governance Specialist dan Remuneration Senior reporter of LHKPN.
Officer dengan tugas: 2. Administrator of LHKPN Management Work Unit are Good
a. Melakukan pemutakhiran data kepegawaian dan data Corporate Governance Specialist and Remuneration Senior
perubahan jabatan Wajib Lapor LHKPN; dan Officer with the following tasks:
b. Berkoordinasi dengan Administrator Instansi Pengelola a. Updating data of employment and change of compulsory
LHKPN dalam rangka monitoring kepatuhan Wajib reporter of LHKPN; and
Lapor LHKPN. b. Coordinating with Institution Administrator of LHKPN
Management in monitoring the compliance of
compulsory reporter of LHKPN.
Laporan LHKPN Tahun 2019 LHKPN Report of 2019

Sesuai Surat Edaran Pimpinan KPK Nomor 08 Tahun 2016 According to the Circular Letter of Deputy Chairman of KPK
tentang Petunjuk Teknis Penyampaian dan Pengelolaan LHKPN Number 08 year 2016 concerning Technical Guidelines for the
setelah diberlakukannya Peraturan KPK Nomor 07 Tahun 2016 Submission and Management of LHKPN after the enactment
tentang Tata cara Pendaftaran, Pengumuman dan Pemeriksaan of KPK Regulation Number 07 Year 2016 concerning the
Harta Kekayaan Penyelenggara Negara, pelaporan LHKPN Procedure of Registration, Announcement and Inspection of
akan dilakukan secara tahunan selambat-lambatnya tanggal State Administration Property, submission of LHKPN report will
31 Maret setelah tahun berjalan dan dilakukan secara elektronik be conducted on an annually no later than March, 31 after
menggunakan aplikasi e-LHKPN. the current year and conducted electronically using e-LHKPN
application.
Selama 2019, capaian tingkat kepatuhan pelaporan LHKPN ANTAM

mencapai 96,99%
During 2019, the achievement level of compliance of ANTAM’s LHKPN reporting reached 96.99%
Whistleblowing System
Whistleblowing System
Whistleblowing System Whistleblowing System

Whistleblowing System merupakan suatu sistem yang The whistleblowing system is a system that can be used as a
dapat dijadikan media bagi saksi pelapor untuk menyampaikan media for reporting the information regarding the indication of a
informasi mengenai indikasi tindakan pelanggaran yang violation that is occurring in a Company (fraud, discrimination or
terjadi di dalam suatu perusahaan (fraud, diskriminasi atau other deviation), and as well as promoting the fairness principle
penyimpangan lainnya) serta mendukung asas kewajaran dalam in the Company’s relationship with Stakeholders.
hubungan antara Perusahaan dengan Stakeholders.
Pedoman dan prosedur penanganan pelaporan melalui The latest guidelines and procedure for reporting through
Whistleblowing System ANTAM yang terkini ditetapkan ANTAM’s Whistleblowing System are stipulated based on Decision
berdasarkan Surat Keputusan (SK) Dewan Komisaris ANTAM Letter of the Board of Commissioners of ANTAM Number 30/
Nomor 30/DK/SK/IX/2014 dan ditandatangani oleh Dewan DK/SK/IX/2014 and signed by the Board of Commissioners on
Komisaris pada tanggal 19 September 2014. September 19, 2014.
Pihak yang Mengelola Whistleblowing System Parties Who Manage Whistleblowing System
Dewan Komisaris telah membentuk Tim Evaluasi Pelaporan The Board of Commissioners has established a Violation
Pelanggaran yang disebut Tim Whistleblowing System (Tim Reporting Evaluation Team called the Whistleblowing System
WBS). Tim WBS berasal dari Komite Audit, Komite GCG-NR Team. The WBS Team consists of the Audit Committee, the GCG-
serta pihak lain yang diperlukan sesuai keahlian dan fungsinya. NR Committee as well as any other party required according to
Tim bertugas untuk mengevaluasi dan memberi saran tindak its expertise and functions. The Whistleblowing Team is assigned
lanjut atas pelaporan pelanggaran yang disampaikan kepada to evaluate and provide follow up advice of the violating report
Dewan Komisaris. to the Board of Commissioners.
Berdasarkan Keputusan Dewan Komisaris Nomor 27/DK/ Pursuant to the Decision Letter of the Board of Commissioners
SK/V/2014 tanggal 30 Mei 2014 tentang Pengangkatan Number 27/DK/SK/V/2014 dated May, 30 2014 regarding
Ketua Tim Evaluasi Pelaporan Pelanggaran (Whistleblowing), Appointment of the Head of the Violation Reporting Evaluation
ANTAM mengangkat Dr. Ir. Rukmana Nugraha Adhi, DEA sebagai (Whistleblowing) Team, ANTAM has appointed Dr. Ir. Rukmana
Ketua Tim Evaluasi Pelaporan Pelanggaran (Whistleblowing). Nugraha Adhi, DEA as Head of Violation Reporting Evaluation
(Whistleblowing) Team.
Tata Cara Penyampaian Laporan Whistleblowing Procedures for Submitting a Whistleblowing

Report
Tata cara penyampaian laporan Whistleblowing dapat dilakukan The procedures for submitting a Whistleblowing report can be
secara tertulis melalui surat resmi yang ditujukan kepada Dewan done in written form through formal letter addressed to the Board
Komisaris ANTAM dengan cara diantar langsung, dikirim melalui of Commissioners of ANTAM, either submitting directly, fax,
faksimili, pos, atau melalui e-mail whistleblowing@antam. post, or e-mail whistleblowing@antam.com. If Whistleblowing
com. Apabila laporan pelanggaran diajukan melalui perwakilan report is submitted through Stakeholders representative, thus
Stakeholders, maka dokumen tambahan harus diserahkan additional documents must be presented as follows:
antara lain: 1. Copy of Stakeholders’ identity and Stakeholder
1. Fotokopi bukti identitas Stakeholders dan perwakilan representative;
Stakeholders; 2. Letter of authorization from Stakeholders to the
2. Surat kuasa dari Stakeholders kepada perwakilan representative which states that Stakeholders are delegating
Stakeholders yang menyatakan bahwa Stakeholders authority for and on behalf of the Stakeholders.
memberikan kewenangan bertindak untuk dan atas nama 3. If the representative is an institution or a legal entity, hence
Stakeholders; dan a document, stating that the party who proposes the
3. Jika perwakilan Stakeholders adalah lembaga atau Whistleblowing report have the authority to represent the
badan hukum, maka harus melampirkan dokumen yang institution or legal entity, must be attached.
menyatakan bahwa pihak yang mengajukan Pelaporan
Pelanggaran berwenang untuk mewakili lembaga atau
badan hukum tersebut.
Tujuan Penyampaian Laporan Whistleblowing

Purpose of Submitting Whistleblowing
Dewan Komisaris PT ANTAM Tbk Alamat E-mail

Board of Commissioners PT ANTAM Tbk E-mail Address
Jl. Letjen TB Simatupang, No. 1 whistleblowing@antam.com

Lingkar Selatan, Tanjung Barat,
Jakarta, 12530
Persyaratan Dokumen Pelaporan

Requirements of Reporting Document
Pelaporan Perorangan Perwakilan Stakeholders

Individual Reporting Reporting by Stakeholders
Representative
Pelapor beridentitas:
• Fotokopi identitas • Fotokopi identitas Stakeholders
• Fotokopi dokumen pendukung dan perwakilan
• Surat Kuasa dari Stakeholders
Pelapor tidak beridentitas:
• Fotokopi dokumen pendukung • Copy of identity of Stakeholder and
Stakeholder representative
Sources person with identity: • Authorization Letter from Stakeholders
• Copy of identity card
• Copy of supporting document
Sources person with no identity:

• Copy of supporting document
Prosedur Penanganan Pengaduan Whistleblowing

Whistleblowing Report Handling Procedures
Tidak
Persetujuan No
Dewan Komisaris
untuk tindak
lanjut?
Approval of
the BOC to be
followed up?
Pelaporan Pelanggaran Registrasi oleh Sekretaris Evaluasi dan usulan Tindak Lanjut
Tertulis Dewan Komisaris Pelaporan oleh Tim WBS Ya Penutupan Kasus dan
Written Whistleblowing Registration by Secretary Evaluation and Propose Follow Up Yes Registrasi Keputusan
Report to the BOC Reporting by WBS Team Case Closing and
Registration
Tidak Tidak
No No
Dapat Menyangkut
Dibuktikan? Direksi?
Can be Involving the
Proven? BOD?
Penutupan Kasus dan Tindak Lanjut Internal Audit

Registrasi Keputusan Ya atas Penugasan Direksi Ya
Closing the case and Yes Follow Up by Internal Audit Yes
Decision Registration based On BOD’s Assignment
Penugasan kepada Tim
Whistleblowing untuk
Evaluasi Kasus
Assignment to Whistleblowing
Team to Make Case Evaluation
Penutupan Kasus dan Perbaikan Sistem dan/atau

Registrasi Keputusan Penindakan Sesuai Ketentuan
Closing the case and yang Berlaku
Evaluasi Usulan Tim WBS
Decision Registration System Improvement and/
oleh Dewan Komisariss
or Enforcement as per
Evaluation of WBS Team
Applicable Regulation
Proposal by BOC
Ya Tidak
Yes No
Dapat
Dibuktikan?
Can be
Proven?
Perbaikan Sistem dan/atau

Monitoring Keputusan Penutupan Kasus dan Penindakan Sesuai Ketentuan Penutupan Kasus dan
dilakukan oleh Tim WBS Registrasi Keputusan yang Berlaku Registrasi Keputusan
Monitoring of Decision Closing the case and System Improvement and/ Case Closing and
by WBS Team Decision Registration or Enforcement as per Registration
Applicable Regulation
Perlindungan Pelapor Protection of Whistleblowers

Tim Whistleblowing menjaga kerahasiaan identitas pelapor Whistleblowing Team maintains the confidentiality of
sesuai dengan Pedoman dan Prosedur Penanganan Pelaporan whistleblower’s identity in accordance with the Guidelines and
Pelanggaran pasal 8 ayat 1 yang menyatakan bahwa Perusahan Procedures for Whistleblowing Handling, Article 8 paragraph
wajib merahasiakan identitas pelapor dan isi laporan. Selain itu, 1 that states that the Company is obliged to preserve the
menurut pasal 8 ayat 2, Perusahaan juga dapat memberikan confidentiality of the whistleblower’s identity and content of
penghargaan kepada pelapor atas pelanggaran yang dapat the report. Additionally, according to Article 8 paragraph 2,
dibuktikan dan menyelamatkan aset dan keuangan Perusahaan. the Company can also grant a reward to the whistleblower for
Pihak-pihak yang berpartisipasi dalam pelaporan pelanggaran violations that can be proven and protect the assets and financial
berhak mendapat perlindungan hukum dari Perusahaan. of the Company. The parties participating in the reporting of
violations are entitled to get legal protection from the Company.
Pelaporan Kasus dan Tindak Lanjut Case Reporting and Follow-up

Pada tahun 2019, terdapat 2 (dua) pelaporan atas dugaan In 2019, there were 2 (two) violations reporting submitted by the
pelanggaran yang disampaikan oleh pelapor. Dari 2 (dua) whistleblower. From those 2 (two) reports are still in the process
laporan tersebut saat ini masih dalam proses penyelesaian of being resolved in conformity with the Company’s policies.
untuk ditindaklanjuti sesuai dengan kebijakan yang dimiliki
Perusahaan.
Jumlah Pelaporan Whistleblowing System

Number of Whistleblowing Reporting
Laporan Whistleblowing yang diterima Perusahaan di tahun 2019
3 telah ditindaklanjuti dengan penyampaian kepada manajemen
untuk lebih meningkatkan konsistensi atas pelaksanaan prosedur
2
kerja di Perusahaan.
1
Whistleblowing report which received by the Company in 2019 has been executed
by improving consistency over the implementation of working procedures in the
Company.
2017 2018 2019
Sosialisasi Socialization
Pada tahun 2019, Perusahaan telah melakukan sosialisasi In 2019, the Company has conducted socialization with
kepada pemangku kepentingan melalui portal internal, situs stakeholders through the Company’s internal portal and
Perusahaan dan sosialisasi langsung kepada pegawai di Unit website. The implementation of socialization aims to provide an
Bisnis dan Anak Perusahaan. Pelaksanaan sosialisasi bertujuan understanding of ANTAM’s violation reporting system which is
untuk memberikan pemahaman tentang sistem pelaporan managed independently as well as protection for reporters.
pelanggaran ANTAM yang dikelola secara independen serta
jaminan perlindungan bagi pelapor pelanggaran.
Di tahun 2019 telah dilakukan sosialisasi Whistleblowing System In 2019, Whistleblowing System socialization was carried out
di Unit Bisnis Pertambangan Nikel Maluku Utara, Unit Bisnis in North Maluku Nickel Mining Business Unit, West Kalimantan
Pertambangan Bauksit Kalimantan Barat, Unit Bisnis Pemurnian Bauxite Mining Business Unit, Precious Metal Processing &
dan Pengolahan Logam Mulia, Anak Perusahaan PT Indonesia Refinery Business Unit, PT Indonesia Chemical Alumina as
Chemical Alumina dan dalam kegiatan induksi pegawai baru. ANTAM’s Subsidiary, and induction of new employees. The
Sosialisasi dilakukan bersamaan dengan Sosialisasi Pemahaman socialization was carried out in conjunction with the socialization
GCG, Standar Etika, Gratifikasi dan LHKPN. of GCG, Code of Conduct, Gratification and Management of
State Officials’ Wealth Report (LHKPN).
Permasalahan Hukum Perusahaan

Legal Issues of The Company
Permasalahan hukum yang dihadapi ANTAM selama tahun 2019 Legal issues faced by ANTAM during 2019 did not materially
secara material tidak berpengaruh terhadap status, kedudukan affect the business status, position and continuity of the
dan kelangsungan kegiatan usaha Perusahaan. Company.
Perkara Hukum yang dihadapi Perusahaan selama tahun During 2019, the Company had faced the following lawsuits:
2019 adalah sebagai berikut:
Permasalahan
Pokok dan Nilai Pekara
No. Hukum
Legal Case
Subject and Value of the Case
1. Permasalahan Pada tanggal 24 Februari 2017, Perusahaan menerima gugatan On 24 February 2017, the Company received a lawsuit with
Hukum dengan dengan register perkara no. 116/Pdt.G/2017/PN JKT.SEL, dengan case registration number 116/Pdt.G/2017/PN JKT.SEL, with
PT Perusahaan PT Perusahaan Toradja (“Perto”) (dahulu NV Perto) sebagai PT Perusahaan Toradja (“Perto”) (formerly NV Perto) as the Plaintiff
Toradja Penggugat dan Menteri Energi dan Sumber Daya Mineral, Menteri and Minister of Energy and Mineral Resources, Minister of Finance,
Keuangan, dan Menteri BUMN sebagai Tergugat II, III dan IV. Inti dari and Minister of State-owned Enterprises as Defendants II, III and IV.
Legal case with permasalahan gugatan adalah Perto mengklaim bahwa pemerintah The essence of the lawsuit is that Perto claims that the government
PT Perusahaan melalui PT Nikel Indonesia (sekarang Perusahaan) telah mengambil through PT Nikel Indonesia (now the Company) has taken over the
Toradja alih usaha pertambangan dan aset Perto di Pomalaa, Sulawesi mining business and Perto’s assets in Pomalaa, Southeast Sulawesi
Tenggara dan belum memberikan ganti kerugian secara penuh and has not provided full compensation for Perto’s losses.
kepada Perto.
Di bulan Agustus 2018, Pengadilan Negeri Jakarta Selatan telah In August 2018, the South Jakarta District Court has rendered its
mengeluarkan keputusan atas perkara ini yang memenangkan decision on this case which was favorable to the Company where
Perusahaan di mana Majelis Hakim menyatakan gugatan penggugat the Judge concluded that the plaintiff’s claims could not be accepted
tidak dapat diterima.
Perto mengajukan banding atas keputusan Pengadilan Negeri Perto appealed the decision rendered by the South Jakarta Disctrict
Jakarta Selatan, namun Perusahaan kembali memenangkan kasus Court. However, the Company won the case again based on the
ini berdasarkan keputusan yang dikeluarkan oleh Pengadilan Tinggi decision rendered by the DKI Jakarta High Court No. 41/Pdt/2019/
DKI Jakarta No. 41/Pdt/2019/PT.DKI. PT.DKI.
Perto kemudian mengajukan permohonan kasasi atas kasus ini ke Perto then submitted an appeal for this case to the Supreme Court
Mahkamah Agung dan Perusahaan juga telah mengirimkan balasan and the Company has also submitted a counter memory of cassation
memori kasasi pada 10 Juni 2019 ke Mahkamah Agung on 10 June 2019 to the Supreme Court.
Status Perkara Case Status:
Mahkamah Agung belum mengeluarkan putusan kasasi The Supreme Court has not yet rendered any decision
Upaya Manajemen Pengaruh/Risiko terhadap Perusahaan
Management Effort Impact to the Company
Perusahaan masih menunggu putusan dari Mahkamah Agung Manajemen berkeyakinan bahwa klaim dari Perto tidak berdasar dan
The Company is still waiting for the decision of the Supreme Court. akan terus membela posisi Grup dalam kasus ini. Oleh karena itu,
tidak ada provisi yang telah dicatat untuk kemungkinan kerugian
yang timbul dari klaim ini.
Management believes that the claims from Perto are without merit
and will vigorously defend the case. Accordingly, no provision has
been recorded for any potential losses arising from the claims.
Permasalahan
No. Hukum
Legal Case
2. Rencana Perusahaan menerima Surat Penunjukan Langsung No. 1282/30/ The Company received Direct Appointment Letters No. 1282/30/
pengusahaan DJB/2018 tertanggal 1 Agustus 2018 dan No. 1393/30/DJB/2018 DJB/2018 dated 1 August 2018 and No. 1393/30/DJB/2018 dated
Wilayah Izin Usaha tertanggal 21 Agustus 2018 dari Direktur Jendral Mineral dan Batu 21 August 2018 from the Director General of Mineral and Coal, on
Pertambangan bara, atas nama Menteri ESDM yang pada intinya menyatakan behalf of the MoEMR, that in principle stipulate the Company has
Khusus di blok Perusahaan lulus dan ditunjuk langsung sebagai pemenang lelang passed and was directly appointed as the winner of the auction for
Bahodopi di blok tambang nikel Bahodopi Utara di Morowali, Sulawesi nickel block of North Bahodopi in Morowali, Central Sulawesi and
Utara dan blok Tengah, dan blok tambang nikel Matarape di Konawe Utara, the nickel block of Matarape in North Konawe, Southeast Sulawesi,
Matarape Sulawesi Tenggara, konsesi yang sebelumnya dipegang oleh PT Vale the concessions of which were formerly held by PT Vale Indonesia.
Indonesia.
Business cooperation
of Special Mining Menindaklanjuti surat tersebut, Perusahaan melakukan pembayaran To follow up the letters, the Company made payments of
Business Licence Area tagihan Kompensasi Data Informasi (“KDI”) sebesar masing-masing Compensation for Information Data (“KDI”) funds amounting to
in North Bahodopi Rp184.800.000 dan Rp184.050.000 untuk Wilayah Izin Usaha Rp184,800,000 and Rp184,050,000, respectively, for the Special
Utara and Matarape Pertambangan Khusus (“WIUPK”) blok Bahodopi Utara dan blok Mining Business Licence Area (“WIUPK”) of North Bahodopi and
blocks Matarape yang merupakan salah satu persyaratan untuk pengajuan Matarape blocks as one of the requirements for submitting a request
permohonan IUPK Eksplorasi. for IUPK Exploration.
Sehubungan dengan penunjukan Perusahaan untuk mendapatkan In connection with the appointment of the Company to obtain
WIUPK Blok Matarape dan Blok Bahodopi Utara, Direktur WIUPK Block Matarape and North Bahodopi Block, the Director
Jenderal Mineral dan Batu bara menerima Laporan Akhir General of Mineral and Coal received the Final Reports on Inspection
Hasil Pemeriksaan No. Registrasi 0343/IN/VIII/2018/JKT dan Results No. Registration 0343/IN/VIII/2018/JKT and No. Registration
No. Registrasi 0344/IN/VIII/2018 dari Ombudsman RI mengenai 0344/IN/VIII/2018 from the Indonesian Ombudsman regarding
proses Blok Matarape dan Blok Bahodopi Utara menjadi wilayah izin the conversion process of Matarape Block and North Bahodopi
usaha pertambangan khusus (WIUPK) dan pelaksanaan penawaran Block to become special mining business permit areas (WIUPK)
prioritas dan/atau lelang atas kedua WIUPK tersebut. Laporan and the implementation of priority offers and/or auctions for the
tersebut menyatakan bahwa penawaran prioritas dan/atau lelang two WIUPKs. The reports state that priority offers and/or auctions
atas kedua wilayah yang sama telah dilakukan oleh Gubernur of the same two areas have been carried out by the Governor of
Sulawesi Tenggara untuk Blok Matarape dan Gubernur Sulawesi Southeast Sulawesi for the Matarape Block and the Governor
Tengah untuk Blok Bahodopi Utara. Blok yang pertama diberikan of Central Sulawesi for the North Bahodopi Block. The first block
kepada BUMD PD Kanasara dan blok yang lainnya diberikan was given to BUMD PD Kanasara and the other block was given to
kepada PT Pembangunan Sulteng. Ombudsman kemudian meminta PT Pembangunan Sulteng. The Ombudsman then asked the Director
Direktur Jenderal Mineral dan Batu bara untuk meninjau ulang General of Mineral and Coal to review the WIUPK conversion process
proses konversi WIUPK dan proses prioritas dan/atau lelang yang and the priority and/or auction process won by the Company.
dimenangkan Perusahaan.
Status Perkara Case Status:
ANTAM masih menunggu IUPK dapat diterbitkan kepada afiliasi ANTAM is still waiting for the IUPK to be issued to ANTAM affiliates
ANTAM yang ditunjuk untuk memegang IUPK tersebut. appointed to hold the IUPK.
Perusahaan telah menyampaikan permohonan tindak lanjut Manajemen berkeyakinan akan memperoleh IUPK tersebut.
penerbitan IUPK Blok Matarape dan Blok Bahodopi Utara kepada Management believes that the IUPK will be obtained.
Direktur Jenderal Mineral dan Batu bara.
The Company has submitted a request for follow-up to the issuance
of the Matarape Block and North Bahodopi Block IUPKs to the
Director General of Mineral and Coal
3. Gugatan perbuatan Penggugat mengklaim bahwa mereka belum menerima beberapa The plaintiffs claim that they have not received their series of gold
melawan hukum pesanan emas mereka yang telah mereka bayarkan kepada Butik orders which they have paid to Logam Mulia Gold Boutique in
oleh Joshua Kelvin Emas Logam Mulia di Surabaya. Surabaya.
Gani, Teguh Status Perkara Case Status:
Dwi Supriyanto,
Lindawati, Henry, dan Penggugat mengajukan upaya hukum banding atas putusan The plaintiffs appealed the Decision of the District Court of Surabaya
Hery Ardianto Pengadilan Negeri Surabaya atas kasus ini. upon this case
Tort Case by Joshua Management Effort Impact to the Company
Kelvin Gani, Teguh
Bekerja sama dengan konsultan hukum eksternal dalam penanganan Manajemen berkeyakinan bahwa klaim dari penggugat tidak
Dwi Supriyanto,
perkara dan melakukan pembelaan hukum untuk melindungi berdasar. Oleh karena itu, tidak ada provisi yang dicatat untuk
Lindawati, Henry dan
kepentingan Perusahaan kemungkinan kerugian yang timbul dari kasus-kasus tersebut
Hery Ardianto
Collaborating with the external legal consultant in handling the case Management believes that the claims from the plaintiffs are without
and will therefore vigorously defend the case. merit. Accordingly, no provision has been recorded for any potential
losses arising from those cases.
4. Gugatan perbuatan Penggugat mengklaim bahwa pesanan emasnya belum diterima, The plaintiff claims that he has not received his gold orders while
melawan hukum yang pembayarannya telah diserahkan kepada Butik Emas Logam payments of such gold orders have been made to Logam Mulia Gold
oleh Adiyanto Mulia di Surabaya. Boutique in Surabaya.
Wiranata Status Perkara Case Status:
Tort Case by Perusahaan mengajukan upaya hukum banding atas putusan The Company appealed the Decision of the District Court of
Adiyanto Wiranata Pengadilan Negeri Surabaya atas kasus ini. Surabaya upon this case
perkara dan melakukan pembelaan hukum untuk melindungi berdasar. Oleh karena itu, tidak ada provisi yang dicatat untuk
kepentingan Perusahaan kemungkinan kerugian yang timbul dari kasus-kasus tersebut
Permasalahan
No. Hukum
Legal Case
5. Gugatan perbuatan Di bulan Februari 2020, Budi Said (“BS”) mengajukan gugatan In February 2020, Budi Said (“BS”) filed a tort case against the
melawan hukum perbuatan melawan hukum kepada Perusahaan dan pihak ketiga Company and a third party for allegedly not delivering the gold BS
oleh Budi Said lainnya dengan tuduhan Perusahaan tidak menyerahkan emas yang purchased.
telah dibeli oleh BS.
Tort Case by Budi Status Perkara Case Status:
Said
Masih dalam proses persidangan Still on the trial process
perkara dan melakukan pembelaan hukum serta memperjuangkan berdasar. Oleh karena itu, tidak ada provisi yang dicatat untuk
kepentingan Perusahaan dalam kasus ini kemungkinan kerugian yang timbul dari kasus-kasus tersebut
6. Permasalahan Pada tanggal 16 Januari 2018, Perusahaan mengadakan perjanjian On 16 January 2018, the Company entered into a nickel ore sales
penyelesaian penjualan bijih nikel dengan Golden Harbour International Pte Ltd agreement with Golden Harbour International Pte Ltd (“GHI”). GHI
pembayaran dengan (“GHI”). GHI menunda pembayaran ke Perusahaan karena terdapat is holding up the payment due to discrepancy in nickel ore content.
Golden Harbour perbedaan kandungan bijih nikel yang dikirimkan. Pada tanggal As at 31 December 2019, receivables from GHI amounting to
International Pte Ltd 31 Desember 2019, piutang dari GHI senilai Rp54.001.254 masih Rp54,001,254 were in the process of arbitration at the Indonesian
dalam proses arbitrase di Badan Arbitrase Nasional Indonesia. National Arbitration Board.
Payment settlement Status Perkara Case Status:
issue with Golden
Harbour International Masih dalam proses arbitrase di Badan Arbitrase Nasional Indonesia Still on the process of arbitration at the Indonesian National
Pte Ltd Arbitration Board
Bekerja sama dengan konsultan hukum eksternal dalam penanganan Meskipun manajemen berkeyakinan bahwa mereka mempunyai
perkara dan melakukan pembelaan hukum serta memperjuangkan dasar hukum yang kuat untuk membela posisinya dalam kasus
kepentingan Perusahaan dalam kasus ini ini, terdapat ketidakpastian yang signifikan bahwa jumlah piutang
Collaborating with the external legal consultant in handling the case terkait akan dapat tertagih. Hal-hal tersebut dipertimbangkan dalam
and will therefore vigorously defend the case. penentuan provisi atas piutang tak tertagih.
While management believes they have strong legal defences on this
case, there remain significant uncertainties of whether they will be
able to recover the amounts. Such circumstances have been taken
into consideration in the determination of provision for uncollectible
receivables.
7. Permasalahan Pada tanggal 23 Februari 2017, Perusahaan mengadakan perjanjian On 23 February 2017, Company entered into a nickel ore sales
penyelesaian penjualan bijih nikel dengan Dexin Development (H.K) Ltd (“Dexin”). agreement with Dexin Development (H.K) Ltd (“Dexin”). The
pembayaran dengan Pembayaran atas salah satu pengapalan ditahan oleh Dexin setelah payment of a shipment was put on hold by Dexin after the related
Dexin Development kapal terkait tenggelam. Pada tanggal 31 Desember 2019, piutang ship sank. As at December 31, 2019, receivables from Dexin
(H.K) Ltd dari Dexin senilai Rp30.839.315 masih dalam proses untuk arbitrase amounting to Rp30,839,315 were in the process for the arbitration
di Badan Arbitrase Nasional Indonesia. at the Indonesian National Arbitration Board.
Payment settlement Status Perkara Case Status:
issue with Dexin
Development (H.K) Perusahaan dalam tahap melakukan analisis awal terhadap perkara The Company is still conducting initial analysis upon the case
Ltd Upaya Manajemen Pengaruh/Risiko terhadap Perusahaan
Bekerja sama dengan konsultan hukum eksternal dalam penanganan Meskipun manajemen berkeyakinan bahwa mereka mempunyai
perkara dan melakukan pembelaan hukum serta memperjuangkan dasar hukum yang kuat untuk membela posisinya dalam kasus
kepentingan Perusahaan dalam kasus ini ini, terdapat ketidakpastian yang signifikan bahwa jumlah piutang
Collaborating with the external legal consultant in handling the case terkait akan dapat tertagih. Hal-hal tersebut dipertimbangkan dalam
and will therefore vigorously defend the case. penentuan provisi atas piutang tak tertagih.
While management believes they have strong legal defences on this
case, there remain significant uncertainties of whether they will be
able to recover the amounts. Such circumstances have been taken
into consideration in the determination of provision for uncollectible
receivables.
Sanksi Administratif oleh Regulator Administrative Sanctions Imposed by Regulators

Selama tahun 2019 terdapat sanksi administratif yang diberikan During 2019 there were administrative sanctions given by
oleh Otoritas Jasa Keuangan (OJK), Bursa Efek Indonesia (BEI) Financial Services Authority (FSA), Indonesia Stock Exchange
dan Australian Securities Exchange (ASX) sebagai berikut: (IDX) dan Australian Securities Exchange (ASX) as follow:
1. Sanksi Administratif atas Keterlambatan Penyampaian dan 1. Administrative Sanctions for Delay in Submission and
Pengumuman Laporan Keuangan Tengah Tahunan per 30 Announcement of the Mid-Year Financial Statements as of
Juni 2019 yang dikenakan kepada Perusahaan oleh Otoritas June 30, 2019 imposed on the Company by the Financial
Jasa Keuangan (OJK) berdasarkan surat Nomor S-55/ Services Authority (OJK) based on letter Number S-55/
PM.112/2020 sebesar Rp61.000.000. Perusahaan telah PM.112/2020 amounting to Rp61,000,000. The company
memenuhi kewajiban penyampaian laporan tersebut pada has fulfilled the obligation to submit the report on September
tanggal 30 September 2019. 30, 2019.
2. Surat Peringatan Tertulis dan Denda atas Keterlambatan 2. Written Warning Letter on Delay in Submitting InterimFinancial
Penyampaian Laporan Keuangan Tengah Tahunan per 30 Reports as of June 30, 2019 which is Limitedly Reviewed
Juni 2019 yang ditelaah Secara Terbatas oleh Akuntan Publik. by Public Accountants from the Indonesia Stock Exchange
Surat Peringatan Tertulis dan Denda yang dikenakan kepada (IDX) based on letters Number S-05384/BEI.PP1/09-2019,
Perusahaan oleh Bursa Efek Indonesia (BEI) berdasarkan Number S-06345/BEI.PP1/10-2019 and Number S-06837/
surat Nomor S-05384/BEI.PP1/09-2019, Nomor S-06345/ BEI.PP1/10-2019 with a total late fee of Rp200,000,000. The
BEI.PP1/10-2019 dan Nomor S-06837/BEI.PP1/10-2019 company has fulfilled the obligation to submit the report on
dengan total denda keterlambatan sebesar Rp200.000.000. 30 September 2019.
Perusahaan telah memenuhi kewajiban penyampaian 3. Written Warning Letter and Penalty for the Disclosure
laporan tersebut pada tanggal 30 September 2019. Inconsistency of Information Disclosure related to the Audit
3. Surat Peringatan Tertulis dan Denda atas Inkonsistensi Plan for the Annual Financial Report as of June 30, 2019
Keterbukaan Informasi terkait Rencana Audit Laporan amounting to Rp25,000,000 charged to the Company by
Keuangan Tengah Tahunan per 30 Juni 2019 sebesar the Indonesia Stock Exchange (IDX) letter Number S-06836/
Rp25.000.000 yang dikenakan kepada Perusahaan oleh BEI.PP1/ 10-2019.
Bursa Efek Indonesia (BEI) berdasarkan surat Nomor 4. Suspension of Stock Trading on Delay in Compliance with
S-06836/BEI.PP1/10-2019. the Preliminary Final Report Ended December 31, 2018 from
4. Penangguhan Perdagangan Bursa atas Keterlambatan the Australian Securities Exchange (ASX) dated March 1,
Pemenuhan Laporan Periodik Pendahuluan yang Berakhir 2019. Obligation The periodic report has been fulfilled by the
Per 31 Desember 2018 dari Australian Securities Exchange Company on March 11, 2019 followed by the termination
(ASX) tanggal 1 Maret 2019. Kewajiban Laporan periodik of suspension of trading exchanges by ASX on March 12,
dimaksud telah dipenuhi oleh Perusahaan pada tanggal 2019.
11 Maret 2019 yang ditindaklanjuti dengan pengakhiran 5. Suspension on Stock Trading for Delay in Compliance with
penangguhan perdagangan bursa oleh ASX pada 12 Maret Periodic Reports Ended June 30, 2019 from the Australian
2019. Securities Exchange (ASX) dated September 2, 2019.
5. Penangguhan Perdagangan Bursa atas Keterlambatan Obligation The periodic report has been fulfilled by the
Pemenuhan Laporan Periodik yang Berakhir Per 30 Juni Company on October 2, 2019 followed by the termination
2019 dari Australian Securities Exchange (ASX) tanggal 2 of suspension of trading exchanges by ASX on October 2,
September 2019. Kewajiban Laporan periodik dimaksud 2019.
telah dipenuhi oleh Perusahaan pada tanggal 2 Oktober 2019
yang ditindaklanjuti dengan pengakhiran penangguhan
perdagangan bursa oleh ASX pada 2 Oktober 2019.
ANTAM telah melaksanakan seluruh kewajiban berdasarkan ANTAM has fulfilled all obligations based on the sanctions.
sanksi yang diberikan tersebut.
Akses Informasi dan Data Perusahaan

Access to the Company’s Information and Data
ANTAM secara berkala memperbarui informasi dan memberikan ANTAM periodically updates the information about the Company
kemudahan akses informasi mengenai aktivitas dan kinerja and provides simple information access about Company’s
Perusahaan kepada Stakeholders agar mengetahui kondisi performance and strategy to all Stakeholders, thus it enables
Perusahaan secara jelas dan terbuka. ANTAM memiliki berbagai them to understand the condition of the Company clearly and
sarana yang berfungsi sebagai saluran pengungkapan informasi, transparently. ANTAM has various media which has function as
di antaranya sebagai berikut: channels of information disclosure, such as:
RUPS Situs
Website E-mail
GMOS
Media pengambilan
keputusan tertinggi Melalui situs www.antam.com E-mail Resmi Perusahaan
Perusahaan Publikasi informasi dalam website Official Corporate
mengacu pada POJK Nomor 8/ E-mail
The Company’s highest POJK.04/2015
decision-making media Corsec@antam.com
Through the site www.antam.com
Publication refers to FSA
Regulation Number 8/POJK.04/2015
Media Sosial
ANTAMedia
Social Media
Sarana Informasi internal

PT ANTAM Tbk
ANTAM dalam bentuk
e-magazine
@officialantam
ANTAM’s internal
Official ANTAM
information in
e-magazine format
official.antam
Media Komunikasi Lainnya Other Media Communication

Sarana/media komunikasi lainnya yang digunakan ANTAM untuk Other communication facilities/media used by ANTAM to interact
berhubungan dengan Pemegang Saham ataupun Stakeholders with the Shareholders or other stakeholders during the year of
lainnya selama tahun 2019 antara lain melalui: 2019, among others through:
• Investor Relations related Meetings & Conference Call (386 • Investor Relations related Meetings & Conference Call (386
kali); times);
• Investor Conference, Non Deal Roadshow and Public Expose • Investor Conference, Non Deal Roadshow and Public Expose
(10 kali); (10 times);
• Investor Site Visit (4 kali); • Investor Site Visit (4 times);
• Kegiatan Media Relations meliputi press conference (5 kali), • Media Relations activity includes press conference (5 times),
news release (63 kali), iklan yang terdiri dari advertorial, news release (63 times), advertisement comprises advertorial,
native writing and display (42 kali); native writing and display (42 times);
• Pameran (10 kali); • Exhibition (10 times);
• Penyampaian Laporan kepada OJK dan Bursa Efek Indonesia • Reporting to FSA and IDX (112 times) and to ASX (79 times).
(112 kali) dan kepada ASX (79 kali).
Penilaian Penerapan Tata Kelola Perusahaan

Assessment of the Corporate Governance Implementation
Untuk mengetahui tingkat kecukupan penerapan GCG di To determine the adequacy level of the GCG implementation,
Perusahaan, setiap tahun Perusahaan melakukan penilaian every year the Company conducts GCG assessment which carried
penerapan GCG yang pelaksanaannya dilakukan secara self- out by self-assessment as well as Independent Assessor and
assessment serta menggunakan Asesor Independen dan Independent Institution. The annual assessments by independent
Lembaga Independen. Penilaian tahunan oleh pihak independen parties have been undertaken since 2004 in cooperation with
sudah berjalan sejak tahun 2004 dan dalam pelaksanaannya and fully supported by GCG-NR Committee. The assessments
bekerja sama dan didukung penuh oleh Komite GCG-NR. carried out by ANTAM use various practice standards which
Penilaian yang dilakukan oleh ANTAM menggunakan berbagai applicable in Indonesia as well as in international.
acuan standar praktik, baik yang berlaku di Indonesia maupun
yang berlaku secara internasional.
ANTAM menunjuk PT RSM Indonesia Konsultan (RSM Indonesia) ANTAM appoint PT RSM Indonesia Konsultan (RSM Indonesia) as
sebagai Asesor Independen untuk melakukan penilaian GCG di Independent Assessor to carry out GCG assessment in 2019. The
tahun 2019. Penunjukan RSM Indonesia telah dilakukan sesuai appointment of RSM Indonesia has been made in accordance
mekanisme yang diatur dalam Peraturan Menteri BUMN Nomor with the mechanisms set forth in Regulation of the Minister of
PER-01/MBU/2011 dan dilakukan melalui proses pengadaan SOE Number PER-01/MBU/2011 and carried through the goods/
barang/jasa. Penilaian yang dilakukan oleh RSM Indonesia services procurement process. The assessment conducted by RSM
mencakup penilaian berdasarkan SK-16/S.MBU/2012 tentang Indonesia includes assessment based on SK-16/S.MBU/2012 on
Indikator atau Parameter Penilaian dan Evaluasi atas Penerapan Indicators or Parameters of Assessment and Evaluation of the
Tata Kelola Perusahaan yang Baik (Good Corporate Governance) Implementation of Good Corporate Governance (GCG) in SOEs,
pada BUMN, parameter Australian Securities Exchange (ASX) Australian Securities Exchange (ASX) Corporate Governance
Corporate Governance Principles & Recommendations 4th Principles and Recommendation 4th Edition Parameter, and the
Edition, serta ASEAN Corporate Governance Scorecard v.2.0 ASEAN Corporate Governance Scorecard v.2.0 which published
yang diterbitkan oleh ASEAN Market Capital Forum (ACMF). by the ASEAN Market Capital Forum (ACMF).
Penilaian Corporate Governance Perception Index Corporate Governance Perception Index (CGPI)
(CGPI) Asssessment
Sejak tahun 2001, ANTAM secara konsisten ikut serta dalam Since 2001, ANTAM has consistently participated in the Research
Riset dan Pemeringkatan Corporate Governance Perception and Ratings of Corporate Governance Perception Index (CGPI)
Index (CGPI) yang diselenggarakan oleh Indonesian Institute of organized by the Indonesian Institute of Corporate Governance
Corporate Governance (IICG). Riset dan pemeringkatan dilakukan (IICG). The research and rating conducted annually by IICG which
setiap tahunnya oleh IICG yang akan melihat implementasi GCG will review the GCG implementation from a different perspective
dari perspektif yang berbeda dengan menggunakan kerangka by using framework of Governance Structure, Governance
Governance Structure, Governance Process dan Governance Process and Governance Outcome. As the realization of its
Outcome. Sebagai perwujudan atas kerangka tersebut, riset framework, the research and ratings of CGPI uses 4 (four)
dan pemeringkatan CGPI menggunakan 4 (empat) tahapan assessment stages, namely:
penilaian, yakni: 1. Self-Assessment;
1. Self-assessment; 2. Documentation system;
2. Sistem dokumentasi; 3. Presentation; and
3. Presentasi; dan 4. Observation and discussion.
4. Observasi dan diskusi.
Pada CGPI tahun 2019 yang dilaksanakan untuk penilaian In the CGPI 2019 which was held for the assessment of
tahun buku 2018, tema yang diangkat yakni terkait “Penguatan the financial year 2018, the theme raised was related to
Platform Bisnis dalam Kerangka Good Corporate Goverance “Strengthening the Business Platform in the Good Corporate
(GCG)”. Dalam penilaian di tahun 2019 ini, ANTAM berhasil Governance Framework”. In this assessment in 2019, ANTAM
memperoleh nilai 90,11 dimana nilai tersebut meningkat dari succeeded in obtaining score of 90.11 where the score increased
hasil penilaian yang dilaksanakan pada tahun 2018. Atas hasil from the results of the assessment carried out in 2018. For these
tersebut, ANTAM kembali dikukuhkan sebagai Perusahaan results, ANTAM was reaffirmed as a Company with the title
dengan predikat “Most Trusted Company” selama 11 (sebelas) “Most Trusted Company” for 11 (eleven) consecutive times.
kali berturut-turut.
Nilai CGPI ANTAM 2014-2018

ANTAM CGPI Score 2014-2018
89.12 88.64 88.69 88.81 90.11
2014 2015 2016 2017 2018
Capaian Penerapan Good Corporate Governance Achievement of Good Corporate Governance

Berdasarkan SK-16/S-MBU/2012 Tanggal 6 Juni Implementation Based on SK-16/S-MBU/2012
2012 dated June 6, 2012
Penilaian terhadap penerapan GCG di ANTAM juga dilakukan Assessment for the implementation of GCG in ANTAM is also
berdasarkan scorecard yang ditetapkan Kementerian BUMN conducted based on the scorecard set by the Ministry of SOEs,
yaitu mengacu pada SK-16/S.MBU/2012 tanggal 06 Juni which refers to SK-16/S.MBU/2012 dated June 6, 2012 on the
2012 tentang Indikator/Parameter Penilaian dan Evaluasi Atas Indicators/Parameters of Assessment and Evaluation on the
Penerapan Tata Kelola Perusahaan yang baik (Good Corporate Implementation of Good Corporate Governance in State-Owned
Governance) pada Badan Usaha Milik Negara. Untuk periode Enterprises. For the period of 2019 (January 1, 2019-December
Tahun 2019 (1 Januari 2019-31 Desember 2019), penilaian 31, 2019), the assessment of GCG implementation in ANTAM
penerapan GCG dilakukan oleh RSM Indonesia dengan hasil conducted by RSM Indonesia and the results of the assessment
penilaian adalah sebagai berikut: are as follows:
Capaian Tahun 2018 Capaian Tahun 2019

Nilai Achievement of 2018 Achievement of 2019
Aspek Pengujian GCG Assessment Maksimal Tingkat Tingkat
GCG Assessment Aspect Maximum Skor Capaian Skor Capaian
Pemenuhan Pemenuhan
Score Achievement Achievement
Fulfillment Level Fulfillment Level
Score Score
(%) (%)
(1) (2) (3) (4=3/2) (5) (6=5/2)
Komitmen Terhadap Penerapan Tata Kelola Secara Berkelanjutan
7 7,000 100,00% 7,000 100,00%
Commitment to Sustainable Implementation of Governance
Pemegang Saham dan RUPS
9 8,720 96,87% 8,886 98,72%
Shareholders and General Meeting of Shareholders
Dewan Komisaris
35 33,648 96,13% 34,408 98,30%
Direksi
35 33,876 96,79% 34,034 97,24%
Board of Directors
Pengungkapan Informasi dan Transparansi
9 8,771 97,45% 8,953 99,48%
Information Disclosure and Transparency
Aspek Lainnya
5 5,000 100,00% 5,000 100,00%
Other Aspects
Total 100 97,014 97,01% 98,280 98,28%
Peringkat Kualitas Penerapan GCG Sangat Baik
Rating of the Implementation of GCG Very Good
Beberapa rekomendasi yang perlu diperhatikan adalah sebagai Several recommendations that need to be considered are as
berikut: follows:
1. Memastikan informasi terkait alasan pemberhentian anggota 1. Ensure information related to the reasons for dismissal of
Dewan Komisaris dan/atau anggota Direksi disampaikan members of the Board of Commissioners and/or members of
pada saat RUPS dan dipublikasikan melalui Ringkasan the Board of Directors is conveyed at the time of the GMOS
Risalah RUPS. and published through the Summary of Minutes of the
2. Memastikan Kontrak Manajemen Direksi dan Kontrak GMOS.
Kinerja Dewan Komisaris disahkan oleh Pemegang Saham/ 2. Ensuring that the Board of Directors’ Management Contracts
RUPS. and Board of Commissioners’ Performance Contracts are
3. Mengkaji ulang Piagam Dewan Komisaris dan memastikan approved by the Shareholders/GMOS.
standar waktu penyampaian keputusan Dewan Komisaris 3. Review the Charter of the Board of Commissioners and
kepada Direksi sesuai dengan ketentuan Peraturan ensure the standard time for submission of decisions of the
Kementerian BUMN. Board of Commissioners to the Directors in accordance with
4. Memastikan Dewan Komisaris menyampaikan kepada the provisions of the Ministry of SOE Regulations.
Pemegang Saham/RUPS perihal hasil evaluasi Dewan 4. Ensuring the Board of Commissioners submits to the
Komisaris atas: Shareholders/GMOS regarding the results of the Board of
a. Kepatuhan Direksi dalam menjalankan peraturan Commissioners’ evaluation of:
perundang-undangan; dan a. Compliance of the Board of Directors in carrying out the
b. Penilaian Direksi secara individu. legislation; and
5. Mengkaji ulang Piagam Direksi dan memastikan standar b. The Board of Directors’ individual assessment.
waktu tingkat kesegeraan pengambilan keputusan Direksi 5. Review the Board of Directors’ and ensure the time standard
sesuai dengan ketentuan Peraturan Kementerian BUMN. of immediacy for the Board of Directors’ decision making
6. Meningkatkan kualitas proses penempatan karyawan in accordance with the provisions of the Ministry of SOE
pada setiap level jabatan agar sesuai dengan rencana yang Regulation.
ditentukan. 6. Improving the quality of the employee placement process at
7. Meningkatkan pelaksanaan proses pengadaan barang/ every level of the office to fit the plan determined.
jasa agar sesuai dengan kebijakan dan SOP yang berlaku di 7. Improving the implementation of procurement of goods/
Perusahaan. services to comply with policies and SOPs that apply in the
8. Memastikan Perusahaan menjalankan peraturan perundang- Company.
undangan yang berlaku agar tidak terdapat teguran atau 8. Ensuring the Company implement the applicable laws and
sanksi kepada Perusahaan oleh otorisasi/instansi yang regulations so that there are no reprimands or sanctions to
berwenang di bidang usaha perusahaan. the Company by the authorization/authority in the field of
9. Memastikan Risalah Rapat Direksi memuat informasi terkait company business.
keputusan rapat sebelumnya dan hasil evaluasi pelaksanaan 9. Ensuring Minutes of Board of Directors Meetings contain
keputusan rapat sebelumnya. information related to the decisions of the previous meeting
10. Memuat informasi mengenai rincian biaya dari kegiatan and the results of the evaluation of the implementation of
peningkatan layanan kepada konsumen dan perkara yang the decisions of the previous meeting.
dihadapi oleh anggota Dewan Komimsaris dan Direksi di 10. Contains information about the cost details of service
Laporan Tahunan Perusahaan. improvement activities to consumers and cases faced by
members of the Board of Commissioners and Board of
Directors in the Company’s Annual Report.
Pemenuhan ANTAM atas Peraturan Otoritas Compliance with the Regulation of the Financial
Jasa Keuangan tentang Penerapan GCG pada Services Authority on the Implementation of
Perusahaan Terbuka GCG in Public Companies
Perusahaan telah memenuhi rekomendasi sesuai Peraturan Jasa The Company has fulfilled the recommendations according
Keuangan (POJK) Nomor 21/POJK.04/2015 tentang Penerapan to the Regulation of Financial Services Authority Number 21/
Pedoman Tata Kelola Perusahaan Terbuka dan Surat Edaran POJK.04/2015 regarding the Implementation of the Corporate
Otoritas Jasa Keuangan (SEOJK) Nomor 32/SEOJK.04/2015 Governance Guideline on Public Company and Circular of the
tentang Pedoman Tata Kelola Perusahaan Terbuka. Financial Services Authority (SEOJK) Number 32/SEOJK.04/2015
on Corporate Governance Guideline for Public Company.
Penerapan 5 (lima) aspek, 8 (delapan) prinsip tata kelola The implementation of 5 (five) aspects, 8 (eight) principles of good
perusahaan yang baik serta 25 (dua puluh lima) rekomendasi corporate governance and 25 (twenty-five) recommendations in
penerapan aspek dan prinsip tata kelola perusahaan yang baik respect of the implementation of aspects and good corporate
berdasarkan pendekatan “comply or explain” dapat disampaikan governance principles based on “comply or explain” approach,
sebagai berikut: it can be described as follows:
A
Rekomendasi Recommendation
HUBUNGAN PERUSAHAAN TERBUKA DENGAN PEMEGANG SAHAM DALAM MENJAMIN HAK-HAK PEMEGANG SAHAM
RELATIONSHIP BETWEEN PUBLIC COMPANY AND THE SHAREHOLDERS IN PROTECT THE SHAREHOLDERS’ RIGHTS
Prinsip 1 Principle 1
Meningkatkan Nilai Penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
Improving the Value of General Meeting of Shareholders (GMOS)
1.1 Perusahaan Terbuka memiliki cara atau prosedur teknis pengumpulan suara (voting) baik secara terbuka maupun tertutup yang mengedepankan
independensi, dan kepentingan pemegang saham
A Public Company has technical methods or procedures for open or close voting that promote the independency and interests of the shareholders
Keterangan Remarks
Terpenuhi Comply
Perusahaan mempunyai prosedur pengambilan suara dalam pengambilan keputusan atas suatu mata acara yang tercantum dalam Tata Tertib RUPS,
dimana Tata Tertib RUPS telah disampaikan kepada Pemegang Saham sebelum Rapat dimulai. Perusahaan telah menunjuk pihak independen yaitu
Biro Administrasi Efek PT Datindo Entrycom serta Notaris Mala Mukti (pada RUPS Tahunan) dan Notaris Jose Dima Satria (pada RUPS Luar Biasa) dalam
melakukan proses penghitungan suara dan/atau melakukan validasi.
The Company has voting procedures in decision making on the agenda listed in the GMOS rules that have been provided to the Shareholders before
the meeting begin. The Company has appointed independent parties, Company’s Securities Administration Bureau (“BAE”) PT Datindo Entrycom as well
as Notary Mala Mukti (in Annual GMOS) and Notary Jose Dima Satria (in Extraordinary GMOS) to do the vote count and/or make the vote validation.
1.2 Seluruh anggota Direksi dan anggota Dewan Komisaris Perusahaan Terbuka hadir dalam RUPS Tahunan
All members of the Board of Directors and Board of Commissioners were present in the Annual GMOS.
Keterangan Remarks
Terpenuhi Comply
Dalam Risalah RUPS yang termuat dalam Akta Nomor 61 tanggal 24 April 2019 mengungkapkan bahwa seluruh anggota Direksi dan Dewan Komisaris
Perusahaan turut hadir dalam RUPS Tahunan tersebut.
As contained in the Minutes of Annual GMOS contained in Deed Number 61 dated April 24, 2019 discloses all members of the Board of Commissioners
and the Board of Directors of the Company were present in the Annual GMOS.
1.3 Ringkasan risalah RUPS tersedia dalam Situs Perusahaan Terbuka paling sedikit selama 1 (satu) tahun
Summary of the GMOS Minutes is available on the Public Company’s website at least for 1 (one) year.
Keterangan Remarks
Terpenuhi Comply
Dalam website ANTAM telah tercantum ringkasan risalah RUPS mulai dari RUPS Tahunan Tahun Buku 2006 sampai dengan RUPS Tahunan Tahun Buku
2018.
The summary of Minutes of GMOS, from Annual GMOS for Fiscal Year 2006 to Annual GMOS for Fiscal Year 2018, is available on ANTAM’s website.
Meningkatkan Kualitas Komunikasi Perusahaan Terbuka dengan Pemegang Saham atau Investor
Improving the Quality of Communication of Public Company with Shareholders or Investors
2.1 Perusahaan Terbuka memiliki suatu kebijakan komunikasi dengan pemegang saham atau investor
Public Company has a policy on communication with Shareholders and Investors
Keterangan Remarks
Terpenuhi Comply
Perusahaan telah mempunyai kebijakan terkait komunikasi dengan Pemegang Saham atau investor sebagai berikut:
1. Kebijakan Hubungan & Komunikasi dengan Pihak Eksternal & Internal Perusahaan;
2. Kebijakan Proses Hubungan dengan Investor dan Pemegang Saham;
3. Kebijakan Pengungkapan Informasi Perusahaan;
4. Kebijakan Perdagangan Efek Berbentuk Saham Perseroan;
5. Standar Etika Perusahaan.
Saat Ini Perusahaan sedang melakukan reviu terhadap seluruh kebijakan tersebut sesuai dengan regulasi terkini.
The Company has had policies relating to communication with its Shareholders and Investors, namely:
1. Policy of Relationship and Communication with External and Internal Parties of the Company;
2. Policy of the Process of Relationship with Investors and Shareholders;
3. Policy of the Company’s Information Disclosure;
4. Policy of the Corporate Securities Trading;
5. Code of Conduct.
Currently the Company is reviewing all of these policies in accordance with the latest regulations.
2.2 Perusahaan Terbuka mengungkapkan kebijakan komunikasi Perusahaan Terbuka dengan pemegang saham atau investor dalam Situs Web
Public Company discloses its communication policy with shareholders or investors in Website
Keterangan Remarks
Terpenuhi Comply
Kebijakan terkait komunikasi dengan Pemegang Saham atau investor telah tersedia dalam situs ANTAM pada Menu Tata Kelola Kami bagian Manual
Kebijakan Perusahaan. Selain itu di dalam situs Perusahaan juga tersedia alamat, nomor telepon dan e-mail Perusahaan yang dapat dihubungi.
The policy of communication with Shareholders or Investors is available on ANTAM’s website, under Governance menu in Company Policy Manual
section. In addition, information about Company’s complete address, contact numbers and e-mail are also available on the Company’s website.
B
FUNGSI DAN PERAN DEWAN KOMISARIS
FUNCTIONS AND ROLES OF THE BOARD OF COMMISSIONERS’
Memperkuat Keanggotaan dan Komposisi Dewan Komisaris
Strengthening the Membership and Composition of the Board of Commissioners
3.1 Penentuan jumlah anggota Dewan Komisaris mempertimbangkan kondisi Perusahaan Terbuka
Determination of quantity of the members of the Board of Commissioners’ member shall be made by considering the condition of Public Company
Keterangan Remarks
Terpenuhi Comply
Penentuan jumlah Dewan Komisaris telah mempertimbangkan kondisi Perusahaan, yang mengacu pada Anggaran Dasar Perusahaan dan Peraturan
Perundang-Undangan yang berlaku. Jumlah Dewan Komisaris ANTAM per tanggal 31 Desember 2019 adalah 6 (enam) orang.
Determination of the quantity of members of the Board of Commissioners has been made by considering the condition of the Company with reference
to the Company’s Articles of Association and Prevailing Laws and Regulations. Quantity of Board of Commissioner in ANTAM per December 31, 2019
are 6 (six) persons.
3.2 Penentuan komposisi anggota Dewan Komisaris memperhatikan keberagaman keahlian, pengetahuan, dan pengalaman yang dibutuhkan.
Determination of composition of the Board of Commissioners’ members has been made by considering the diversity in expertise, knowledge and
required experience.
Keterangan Remarks
Terpenuhi Comply
Penentuan komposisi anggota Dewan Komisaris telah memperhatikan keberagaman keahlian, pengetahuan, dan pengalaman yang dibutuhkan. Hal ini
juga mengacu pada Pedoman Kerja (Charter) Dewan Komisaris dan melihat profil singkat anggota Dewan Komisaris. Dewan Komisaris ANTAM memiliki
keahlian di bidang pertambangan, manajemen/keuangan, hukum, sosial politik, pertanian dan energi.
Determination of the composition of the members of the Board of Commissioners has been made by considering the diversity of expertise, knowledge
and experience required. This has been performed by referring to the Charter of the Board of Commissioners and reviewing the brief profiles of
the members of the Board of Commissioners. Board of Commissioners' ANTAM have expertise in Mining, Management/Finance, Law, Social Politics,
Agriculture and Energy.
Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris
Improving the Quality of Fulfillment of the Board of Commissioners’ Duties and Responsibilities
4.1 Dewan Komisaris mempunyai kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Komisaris
The Board of Commissioners has a self-assessment policy to assess its performance
Keterangan Remarks
Terpenuhi Comply
Dewan Komisaris telah memiliki kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Komisaris yang tercantum dalam Charter
Dewan Komisaris. Untuk Tahun 2019, Dewan Komisaris telah menetapkan KPI berdasarkan Keputusan Dewan Komisaris Nomor 3/DK/SK/III/2019
tanggal 28 Maret 2019 tentang Penetapan Evaluasi Kinerja (Performance Evaluation) Dewan Komisaris Tahun 2019.
The Board of Commissioners has had a self-assessment policy to evaluate the performance of the Board of Commissioners as described in the Charter
of the Board of Commissioners. In 2019, the Board of Commissioners has stipulated the KPI in accordance with the Resolution of the Board of
Commissioners Number 3/DK/SK/III/2019 dated March 28, 2019 regarding Establishment of Performance Evaluation of the Board of Commissioners for
2019.
4.2 Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Komisaris, diungkapkan melalui Laporan Tahunan Perusahaan Terbuka
Self-assessment policy to assess the performance of the Board of Commissioners is disclosed in the Public Listed Company’s Annual Report
Keterangan Remarks
Terpenuhi Comply
Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Komisaris yang tercantum dalam Charter Dewan Komisaris telah diungkapkan
melalui Laporan Tahunan Perusahaan bagian Tata Kelola Perusahaan sub bagian Dewan Komisaris.
Self-assessment policy to evaluate the performance of the Board of Commissioners as described in the Charter of the Board of Commissioners has been
disclosed in the Company’s Annual Report part Governance, sub-section of the Board of Commissioners.
4.3 Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota Dewan Komisaris apabila terlibat dalam kejahatan keuangan
The Board of Commissioners has a policy relating to the resignation of member of the Board of Commissioners if committed to a financial crime
Keterangan Remarks
Terpenuhi Comply
Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota Dewan Komisaris apabila terlibat dalam kejahatan keuangan yang tercantum
dalam Charter Dewan Komisaris yang mengacu pada Anggaran Dasar Perusahaan pasal 14.
The Board of Commissioners has a policy related to the resignation of a member of the Board of Commissioners if committed to a financial crime. This
policy is contained in the Charter of the Board of Commissioners which refers to Article 14 of the Company’s Articles of Association.
4.4 Dewan Komisaris atau Komite yang menjalankan fungsi Nominasi dan Remunerasi menyusun kebijakan suksesi dalam proses Nominasi anggota Direksi
The Board of Commissioners or Committee that performs the functions of Nomination and Remuneration formulates the succession policy in the process
of Nomination of the Board of Directors’ member.
Keterangan Remarks
Terpenuhi Comply
Perusahaan telah mempunyai Komite Good Corporate Governance, Nominasi dan Remunerasi (Komite GCG-NR). Salah satu tugas Komite GCG-NR
adalah melakukan pengawasan mengenai implementasi sistem, kebijakan dan prosedur proses pelaksanaan seleksi dan nominasi serta penilaian calon-
calon Direksi dan pejabat satu tingkat di bawah Direksi khususnya bidang Sekretaris Perusahaan dan Internal Audit.
The Company has Good Corporate Governance and Nomination and Remuneration (GCG-NR) Committees. One of the tasks of GCG-NR Committee
is to be responsible for the supervision of the implementations of system, policy and procedures for the selection and nomination processes, as well as
assessment of candidates of Directors and officials one level below the the Board of Directors, especially for Head of Corporate Secretary and Internal
Audit.
Kebijakan suksesi dalam proses Nominasi anggota Direksi Perusahaan mengacu kepada Surat Keputusan Direksi PT Indonesia Asahan Aluminium (Persero)
Nomor: SK-022/DIR/2018 tentang Komite Remunerasi dan Nominasi Holding Industri Pertambangan tanggal 27 Agustus 2018 serta Peraturan Menteri
BUMN No. PER-03/MBU/02/2015 tentang Persyaratan, Tata Cara Pengangkatan, dan Pemberhentian Anggota Direksi Badan Usaha Milik Negara.
The succession policy in the nomination process of members of the Board of Directors refers to Decree of Board of Directors of PT Indonesia Asahan
Aluminium (Persero) Number: SK-022/DIR/2018 concerning Remuneration and Nomination Committee of Mining Industry Holding dated on August 27,
2018. and the Regulation of Minister of SOE No. PER-03/MBU/02/2015 on Requirements, Procedures for Appointment and Dismissal of member of the
Board of Directors of State Owned Enterprises.
C
FUNGSI DAN PERAN DIREKSI
FUNCTIONS AND ROLES OF THE BOARD OF DIRECTORS
Memperkuat Keanggotaan dan Komposisi Direksi
Strengthening the Membership and Composition of the Board of Directors
5.1 Penentuan jumlah anggota Direksi mempertimbangkan kondisi Perusahaan Terbuka serta efektivitas dalam pengambilan keputusan
Determination of quantity of the Board of Directors’ members shall be made by considering the condition of public company and decision-making
effectiveness
Keterangan Remarks
Terpenuhi Comply
Penentuan jumlah anggota Direksi telah mempertimbangkan kondisi Perusahaan Terbuka serta efektivitas dalam pengambilan keputusan yang mengacu
pada Anggaran Dasar Perseroan dan Peraturan Perundang-Undangan yang berlaku. Jumlah Direksi ANTAM per tanggal 31 Desember 2019 adalah 6
(enam) orang.
Determination of the quantity of members of the Board of Directors has been made by considering the condition of the Company and effectiveness of
the decision-making process that refers to the Company’s Articles of Association and prevailing Laws and Regulations. Quantity of Board of Directors in
ANTAM per December 31, 2019 are 6 (six) persons.
5.2 Penentuan komposisi anggota Direksi memperhatikan, keberagaman keahlian, pengetahuan, dan pengalaman yang dibutuhkan
Determination of the composition of the Board of Directors’ member has been made by considering the diversity in expertise, knowledge, and required
experience.
Keterangan Remarks
Terpenuhi Comply
Penentuan komposisi anggota Direksi telah memperhatikan, keberagaman keahlian, pengetahuan, dan pengalaman yang dibutuhkan yang mengacu
pada Charter Direksi dan dapat dilihat dari profil singkat masing-masing Direksi. Direksi ANTAM memiliki keahlian di bidang Pertambangan, Sumber Daya
Manusia, Manajemen/Keuangan, Teknik Sipil, dan Pertaninan
Determination of composition of the Board of Directors members has been made by considering the diversity of the required expertise, knowledge, and
experience in reference with the Charter of the Board of Directors as well as by reviewing the brief profiles of the respective members of the Board of
Directors. Board of Directors ANTAM have expertise in Mining, Human Capital Management, Management/Finance, Civil Engineering and Agriculture.
5.3 Anggota Direksi yang membawahi bidang akuntansi atau keuangan memiliki keahlian dan/atau pengetahuan di bidang akuntansi
Member of the Board of Directors, who is responsible for accounting or finance, has accounting expertise and/or knowledge
Keterangan Remarks
Terpenuhi Comply
Direktur Keuangan Perusahaan adalah seorang ahli keuangan yang berpengalaman di beberapa perusahaan serta memiliki latar belakang pendidikan
keuangan yaitu Sarjana Akuntansi Universitas Padjajaran pada tahun 1993 dan Magister Akuntansi Keuangan Universitas Indonesia pada tahun 2001.
The Finance Director of the Company is a financial expert who has experience in working for several companies and has an educational background in
finance. He received Bachelor of Accounting from Padjadjaran University in 1993 and Master of Financial Accounting from University of Indonesia in
2001.
Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi
Improving the Quality of Fulfillment of the Board of Directors’ Duties and Responsibilities
6.1 Direksi mempunyai kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi
The Board of Directors has a self-assessment policy to assess its performance
Keterangan Remarks
Terpenuhi Comply
Direksi telah mempunyai kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi yang tercantum dalam Charter Direksi yang
dipublikasikan di Situs Perusahaan. Key Performance Indicator (KPI) Direksi termuat dalam dokumen Kontrak Manajemen yang ditandatangani oleh
Direksi dan Dewan Komisaris. Selain penetapan KPI Perusahaan berbasis Kriteria Penilaian Kinerja Unggul (KPKU), Perusahaan juga telah menetapkan
Key Performance Indicator (KPI) masing-masing Direktorat selama tahun 2019.
The Board of Directors has had self-assessment policy to evaluate its performance as contained in the Charter of the Board of Directors. The policy has
been published on the Company’s website. The Board of Directors' Key Performance Indicator (KPI) is contained in the Management Contract document
signed by the Board of Directors and the Board of Commissioners. Aside from using Excellence Performance Assessment Criteria (KPKU) as the basis
for determining the Corporate KPI, the Company has also determined the KPI of each Directorate during 2019.
6.2 Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi diungkapkan melalui Laporan Tahunan Perusahaan Terbuka
Self-assessment policy to assess the performance of Board of Directors is disclosed in Annual Report of Public Company
Keterangan Remarks
Terpenuhi Comply
Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi tercantum dalam Charter Direksi dan telah diungkapkan melalui Laporan
Tahunan Perusahaan bagian Tata Kelola Perusahaan sub bagian Direksi.
Self-assessment policy to evaluate the performance of the Board of Directors is contained in the Charter of the Board of Directors and has been disclosed
in the Company’s Annual Report, under the Corporate Governance section, sub-section of the Board of Directors.
6.3 Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi apabila terlibat dalam kejahatan keuangan
The Board of Directors has a policy relating to resignation of the Board of Directors’ members if committed to a financial crime
Keterangan Remarks
Terpenuhi Comply
Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi apabila terlibat dalam kejahatan keuangan yang tercantum dalam Charter Direksi
yang mengacu pada Anggaran Dasar Perseroan Pasal 11
The Board of Directors has a policy relating to the resignation of a member of the Board of Directors if committed to a financial crime as described in the
Charter of the Board of Directors which refers to Article 11 of the Company’s Articles of Association.
D
PARTISIPASI PEMANGKU KEPENTINGAN
PARTICIPATION OF STAKEHOLDERS
Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan
Improving Corporate Governance Aspects through Stakeholders’ Participation
7.1 Perusahaan Terbuka memiliki kebijakan untuk mencegah terjadi nya insider trading
Public Company has a policy to prevent insider trading
Keterangan Remarks
Terpenuhi Comply
Kebijakan terkait Insider Trading ANTAM tercantum dalam Kebijakan Perdagangan Efek Berbentuk Saham Perseroan yang ditetapkan berdasarkan Surat
Keputusan Direksi Nomor 242.K/02/DAT/2013.
Policy related to ANTAM Insider Trading is set forth in the Insider Trading Policy that has been stipulated by the Board of Directors Decision
Number 242.K/02/DAT/2013.
7.2 Perusahaan Terbuka memiliki kebijakan anti korupsi dan anti-fraud
Public Company has anti-corruption and anti-fraud policy
Keterangan Remarks
Terpenuhi Comply
Tercantum dalam Standar Etika Perusahaan, SK Direksi Nomor 690.K/083/DAT/2017 tentang Kebijakan Pengendalian Gratifikasi dan Perjanjian Kerja
Bersama Periode 2018-2019 terkait Pelanggaran Disiplin.
Set forth in the Company Code of Conduct, BOD Decree Number 690.K/083/DAT/2017 concerning Gratification Control Policy and Collective Labor
Agreement 2018-2019 regarding Disciplinary Offenses.
7.3 Perusahaan Terbuka memiliki kebijakan tentang seleksi dan peningkatan kemampuan pemasok atau vendor
Public Company has policies of selection and capability improvement of suppliers and vendors
Keterangan Remarks
Terpenuhi Comply
Tercantum dalam Pedoman Pengelolaan Rantai Pasokan berdasarkan Surat Keputusan Direksi Nomor 333.K/92/DAT/2017. Kriteria dan proses seleksi
pemasok secara rinci juga terdapat dalam situs Perusahaan pada menu eproc.antam.com yang dapat dengan mudah diakses oleh publik. Perusahaan
memberikan peningkatan kemampuan kepada pemasok berupa pemberian penjelasan terkait kebijakan pengadaan barang/jasa yang berlaku di
Perusahaan dan K3 (Kesehatan dan Keselamatan Kerja) pada saat penjelasan pengadaan suatu pekerjaan.
Set forth in the Guidelines for Supply Chain Management based on the Decision of the Board of Directors Number 333.K/92/DAT/2017. The criteria and
process of supplier selection are contained in detail on the Company's website in the menu of eproc.antam.com that can be easily accessed by the public.
The company provides the suppliers with capability improvement in the form of explanation relating to goods/services procurement policy applicable in
Company and K3 (Occupational Health and Safety) during the explanation session of procurement process.
7.4 Perusahaan Terbuka memiliki kebijakan untuk pemenuhan hak-hak kreditur

Public Company has a policy relating to the fulfillment of creditor’s rights
Keterangan Remarks
Terpenuhi Comply
Tercantum dalam Corporate Governance Policy (CGP) 2016 dan Standar Etika Perusahaan. Selain itu juga terdapat dalam Kebijakan Pendanaan ANTAM
yang ditetapkan berdasarkan Surat Keputusan Direksi ANTAM Nomor 314.K/834/DAT/2014.
Set forth in Corporate Governance Policy (CGP) 2016 and Company Code of Conduct. It is also contained in ANTAM Financing Policy as stipulated under
Decision of the Board of Directors of ANTAM Number 314.K/834/DAT/2014.
7.5 Perusahaan Terbuka memiliki kebijakan sistem Whistleblowing
Public Company has policy of Whistleblowing system
Keterangan Remarks
Terpenuhi Comply
Tercantum dalam Pedoman dan Prosedur Penanganan Pelaporan Pelanggaran (Whistleblowing) berdasarkan Surat Keputusan Dewan Komisaris
Nomor 30/DK/SK/IX/2014.
Set forth in the Guidelines and Procedures for Handling of Violation Reporting (Whistleblowing) based on Decision of the Board of Commissioners
Number 30/DK/SK/IX/2014.
7.6 Perusahaan Terbuka memiliki kebijakan pemberi insentif jangka panjang kepada Direksi dan Karyawan
Public Company has policy on long-term incentive for the Board of Directors and Employees
Keterangan Remarks
Terpenuhi Comply
Berdasarkan persetujuan dari Persetujuan Pemegang Saham Seri A Dwiwarna berdasarkan surat Nomor SR-603/MBU/D3/06/2018 tanggal 5 Juni 2018
perihal Penyampaian Penetapan Penghasilan Direksi dan Dewan Komisaris PT ANTAM Tbk Tahun 2018, struktur remunerasi Direksi ANTAM salah satunya
adalah Tunjangan Asuransi Purna Jabatan sebesar 25 % gaji dalam 1 (satu) tahun. Sedangkan untuk karyawan, kebijakan tersebut terdapat dalam
Perjanjian Kerja Bersama (PKB) Periode 2016-2017.
Based on the approval of the Minister of State Owned Enterprises as the Shareholder of Series A Dwiwarna through letter Number SR-603/MBU/
D3/06/2018 dated June 5, 2018 regarding the Stipulation of the Remuneration of the Board of Commissioners and the Board of Directors 2018, one of
remuneration is allowance of retirement insurance, amount 25% of honorarium in 1 (one) year. As for the employees, the policy is set forth in Collective
Labour Agreement (CLA) Period 2016-2017.
E
KETERBUKAAN INFORMASI
INFORMATION DISCLOSURE
Meningkatkan Pelaksanaan Keterbukaan Informasi
Improving Implementation of Information Disclosure
8.1 Perusahaan Terbuka memanfaatkan penggunaan teknologi informasi secara lebih luas selain Situs sebagai media keterbukaan informasi
Public Company takes benefits from the use of a broader information technology other than Website as media for information disclosure
Keterangan Remarks
Terpenuhi Comply
Selain situs web, Perusahaan memanfaatkan teknologi informasi dan aplikasi media sosial lainnya seperti melalui portal internal, e-mail, Twitter,
Facebook, Instagram, Youtube dan Call Center.
Aside from website, the Company utilizes the information technology and other social media applications, such as internal portal, e-mail, Twitter,
Facebook, Instagram Youtube and Call Center.
8.2 Laporan Tahunan Perusahaan Terbuka mengungkapkan pemilik manfaat akhir dalam kepemilikan saham Perusahaan Terbuka paling sedikit 5% (lima
persen), selain pengungkapan pemilik manfaat akhir dalam kepemilikan saham Perusahaan Terbuka melalui pemegang saham utama dan pengendali.
Annual Report of Public Company discloses the beneficial owners in share ownership of public company of at least 5% (five percent), in addition to the
disclosure through major and controlling shareholders.
Keterangan Remarks
Terpenuhi Comply
Dalam Laporan Tahunan dan website Perusahaan telah mengungkapkan Struktur Pemegang Saham dengan Kepemilikan Kurang dari 5% per 31
Desember 2019.
The Company’s Annual Report and website have disclosed the Shareholder Structure that includes the ownership of less than 5% as at December 31,
2019.
Adopsi Prinsip dan Rekomendasi ASX Adoption of ASX Principles and

Recommendations
ANTAM telah mengambil inisiatif untuk mengadopsi Prinsip dan ANTAM has taken the initiative to adopt GCG Principles and
Rekomendasi GCG edisi ke-4 yang dikeluarkan oleh ASX pada Recommendations 4th edition issued by ASX on February
tanggal 27 Februari 2020, dimana Perusahaan Tercatat sebenarnya 27, 2020, which the listed company is actually expected to
diharapkan untuk mengukur praktik tata kelola mereka terhadap measure their governance practices against the Principles and
Prinsip dan Rekomendasi edisi ke-4 dimulai dengan laporan Recommendations in the fourth edition commencing with the
keuangan yang berakhir pada 31 Desember 2020. financial report year ended December 31, 2020.
Berdasarkan pemenuhan Prinsip dan Rekomendasi GCG ASX Based on compliance of ASX GCG Principles and
edisi ke-3, terdapat total 29 rekomendasi dimana ANTAM Recommendations 3rd edition, there are total of 29
telah memenuhi 27 rekomendasi pada tahun 2018. Sedangkan recommendations where ANTAM has fulfilled 27
berdasarkan Prinsip dan Rekomendasi GCG ASX edisi ke-4, recommendations in 2018. While based on ASX GCG
terdapat total 38 rekomendasi, dimana ANTAM telah memenuhi Principles and Recommendation 4th edition, there are a total
35 rekomendasi pada tahun 2019. of 38 recommendations, of which ANTAM has fulfilled 35
recommendations in 2019.
Penjelasan mengenai praktik tata kelola ANTAM untuk tahun The explanation about ANTAM’s governance practices in 2019,
2019, sesuai dengan ASX Corporate Governance Principles and in accordance with the ASX Principles and Recommendation 4th
Recommendations Edisi ke-4 termuat pada tabel kepatuhan di edition, is contained in the Compliance table below:
bawah ini:
Rekomendasi Pelaksanaan
No
Recommendation Implementation
Prinsip 1 - Meletakkan Pondasi yang Kuat bagi Pengawasan dan Pengelolaan Perusahaan
Principle 1: Lay Solid Foundations for Management and Oversight
1.1 Perusahaan Tercatat harus memiliki dan Seluruhnya Terpenuhi
mengungkapkan Pedoman Kerja Dewan Komisaris dan Dokumen Pedoman Kerja Dewan Komisaris dan Pedoman Kerja Direksi dapat diakses publik
Pedoman Kerja Direksi yang mengatur: di dalam website Perusahaan.
(a) Masing-masing peran dan tanggung jawab Dewan (a) Peran dan kewajiban Dewan Komisaris dan Direksi telah diatur di dalam Pedoman Kerja
Komisaris dan Direksi; dan Dewan Komisaris (mengacu pada BAB 3) dan di dalam Pedoman Kerja Direksi (mengacu
(b) Tindakan Direksi yang membutuhkan persetujuan pada BAB 3) serta telah diungkapkan di dalam:
Dewan Komisaris. (1) Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-
bagian “Tugas, Tanggung Jawab, dan Wewenang Dewan Komisaris” dan “Tugas,
Tanggung Jawab, dan Wewenang Direksi”).
(2) Dokumen yang dapat diakses di website Perusahaan, yaitu Anggaran Dasar Perseroan,
pasal 12 dan pasal 15.
(b) Tindakan Direksi yang membutuhkan persetujuan dari Dewan Komisaris telah diatur di
dalam Pedoman Kerja Direksi (mengacu pada BAB 4) serta telah diungkapkan di dalam:
(1) Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-
bagian “Tindakan Direksi yang membutuhkan persetujuan dari Dewan Komisaris”).
(2) Dokumen yang dapat diakses di website Perusahaan, yaitu Anggaran Dasar Perseroan,
pasal 12 ayat (7)
A listed entity should have and disclose a board charter Fully Comply
setting out: The Board of Directors and The Board of Commissioners’ Charter can be accessed by public
(a) the respective roles and responsibilities of its board in Company’s website
and management; and (a) Roles and responsibilities of Board of Commissioners and Board of Directors has been
(b) those matters expressly reserved to the board and regulated in the Charter of Board of Commissioners (refer to Chapter 3) and in the
those delegated to management. Charter of Board of Directors (refer to Chapter 3) also has been disclosed in:
(1) This Annual Report 2019 at the section Corporate Governance (refer to sub-section
“Duties, Responsibilities, and Authorities of the Board of Commissioners” and
“Duties, Responsibilities, and Authorities of the Board of Directors”).
(2) Document that can be accessed in Company’s website, which is Article of Association,
article 12 and article 15.
(b) The Board of Directors actions which must obtain approval from the Board of
Commissioners have been regulated in the Charter of Board of Directors (refer to
Chapter 4) and have been disclosed in:
(1) This Annual Report 2019 at the section Corporate Governance (refer to sub-section
“The Board of Directors Action which must Obtain Approval from the Board of
Commissioner”).
(2) Document that can be accessed in Company’s website, which is Article of Association,
article 12 paragraph (7)
No
1.2 Perusahaan Tercatat harus: Seluruhnya Terpenuhi
(a) Melakukan pemeriksaan secara tepat, sebelum (a) Kriteria dan Proses Pengangkatan Dewan Komisaris dan Direksi telah diungkapkan
menunjuk/ mengangkat seseorang, atau mengajukan dalam:
kandidat yang akan dipilih kepada Pemegang (1) Laporan Tahunan 2019 ini di bagian Dewan Komisaris dan Direksi (mengacu di sub-
Saham, sebagai Dewan Komisaris/ Direksi; dan bagian “Kriteria dan Proses Pengangkatan Dewan Komisaris” dan “Kriteria dan Proses
(b) Memberikan seluruh informasi yang material yang Pengangkatan Direksi”)
dimilikinya kepada Pemegang Saham terkait dengan (2) Dokumen kebijakan pengangkatan dan pemberhentian anggota Dewan Komisaris
keputusan tentang apakah akan memilih atau dan Direksi dapat diakses di website perusahaan:
memilih kembali Dewan Komisaris/ Direksi atau - Anggaran Dasar Perseroan (Pasal 5, ayat 4)
tidak. - Corporate Governance Policy (BAB II)
- Pedoman Kerja Dewan Komisaris (BAB II)
- Pedoman Kerja Direksi (BAB II)
(b) Informasi material terkait pengangkatan dan pemberhentian anggota Dewan Komisaris
dan Direksi dijelaskan ketika RUPST Tahun Buku 2018 dan RUPSLB 2019 berlangsung
melalui presentasi materi rapat.
A listed entity should: Fully Comply

(a) undertake appropriate checks before appointing (a) Criteria and Process of Appointment Members of the Board of Commissioners and the
a director or senior executive or putting someone Board of Directors have been disclosed in:
forward for election as a director; and (1) This Annual Report 2019 at the section Board of Directors (refer to sub-section
(b) provide security holders with all material information “Criteria and Process of Appointment Members of The Board of Directors”) and
in its possession relevant to a decision on whether or Board of Commissioners (refer to sub-section “Criteria and Process of Appointment
not to elect or re-elect a director. Members of The Board of Commissioners).
(2) The policy of appointment and dismissal of the Board of Commissioners and the Board
of Directors that can be accessed on the Company’s website:
- Articles of Association, article 5 paragraph (4)
- Corporate Governance Policy (Chapter 2)
- Charter of The Board of Commissioners (Chapter 2)
- Charter of The Board of Directors (Chapter 2)
(b) Material information regarding the appointment and dismissal of members of the
Board of Commissioners and Board of Directors was explained when the Annual GMOS
for Financial Year 2018 and the Extraordinary GMOS 2019 took place through the
presentation of meeting material.
1.3 Perusahaan Tercatat harus memiliki perjanjian tertulis Seluruhnya Terpenuhi
dengan masing-masing Dewan Komisaris/Direksi Perusahaan memiliki Surat Pernyataan Kesanggupan Melaksanakan Tugas yang
dan Manajemen yang menetapkan persyaratan ditandatangani oleh seluruh anggota Direksi dan anggota Dewan Komisaris, sebagai
pengangkatan mereka. perjanjian tertulis terkait pengangkatan mereka yang dapat diakses di website https://www.
antam.com/id/governing-antam/policy-manual
A listed entity should have a written agreement with Fully Comply

each director and senior executive setting out the terms The company has a Statement of Capacity to Carry Out Duties signed by all members of the
of their appointment. Board of Directors and members of the Board of Commissioners, as a written agreement
relating to their appointment which can be accessed on Company’s website https://www.
antam.com/id/governing-antam/policy-manual
1.4 Sekretaris Perusahaaan Tercatat harus Seluruhnya Terpenuhi
mempertanggungjawabkan secara langsung kepada Tugas dan tanggung jawab Sekretaris perusahaan disebutkan dalam:
Direksi, melalui Direktur Utama, seluruh hal yang • Laporan Tahunan 2019 ini di bagian Sekretaris Perusahaan (mengacu di sub-bagian
dilakukan agar Direksi dapat berfungsi dengan baik. “Tugas dan Tanggung Jawab Sekretaris Perusahaan”)
• Job Description SVP Corporate Secretary Nomor Dokumen 0556/JD tanggal 13 Desember
2017.
The company secretary of a listed entity should be Fully Comply

accountable directly to the board, through the chair, Duties of Corporate Secretary has been mentioned in:
on all matters to do with the proper functioning of the • This Annual Report 2019 in the section Corporate Secretary (refer to the sub-section
board. “Duties and Responsibilities of Corporate Secretary”)
• Job Description SVP Corporate Secretary Document Number 0556/JD dated December
13, 2017.
No
1.5 1. Perusahaan Tercatat harus: Sebagian Terpenuhi
(a) Memiliki dan mengungkapkan kebijakan 1. Perusahaan telah memiliki:
keanekaragaman; (a) Kebijakan keberagaman dalam Laporan Tahunan 2019 ini di bagian Keberagaman
(b) Melalui Dewan Komisaris atau Komite Komposisi Dewan Komisaris dan Direksi
menetapkan tujuan yang terukur untuk mencapai (b) Perusahaan belum menentukan secara spesifik target yang harus dicapai dalam
keragaman gender dalam komposisi dewan, keragaman gender di dalam struktur keanggotaan
eksekutif senior, dan tenaga kerja (c) Perusahaan belum memiliki tujuan yang terukur sehingga tidak dapat memenuhi
(c) Mengungkapkan sehubungan dengan setiap kriteria untuk mengungkapkan pelaporan terkait kemajuan dalam pencapaian tujuan
periode pelaporan: yang terukur.
(1) Tujuan terukur yang di tetapkan pada periode 2. N/A
tersebut untuk mencapai keragaman gender;
(2) Kemajuan entitas menuju pencapaian tujuan
tersebut
(3) Antara:
• Proporsi masing-masing pria dan wanita
di Dewan di posisi Senior Eksekutif dan di
seluruh organisasi (termasuk bagaimana
entitas telah mendefinisikan "Senior
Eksekutif" untuk tujuan ini); atau
• Jika entitas adalah "Pemberi Kerja yang
terkait" di bawah Undang-Undang
Kesetaraan Gender di tempat kerja, entitas
mengungkapkan "Indikator Kesetaraan
Gender ", sebagaimana didefinisikan dalam
dan diterbitkan berdasarkan Undang-
Undang itu.
2. Jika perusahaan berada dalam Indeks S&P/ASX 300
pada saat dimulainya periode pelaporan, tujuan
terukur untuk mencapai keanekaragaman gender
dalam komposisi dewan harus memiliki tidak kurang
dari 30% dari masing-masing gender dalam periode
yang ditentukan.
1. A listed entity should: Partially Comply

(a) have and disclose a diversity policy; 1. The Company has:
(b) through its board or a committee of the board (a) Diversity policy, and it’s disclosed in Annual Report 2019 at the section Diversity in
set measurable objectives for achieving gender Composition of The Board of Commissioners and The Board of directors
diversity in the composition of its board, senior (b) The company has not set specific targets to be achieved in gender diversity within the
executives and workforce generally; and membership structure.
(c) disclose in relation to each reporting period: (c) The company does not have measurable goals so it cannot meet the criteria for
(1) the measurable objectives set for that period to disclosing reporting related to progress in achieving measurable goals.
achieve gender diversity; 2. N/A
(2) the entity’s progress towards achieving those
objectives; and
(3) either:
• the respective proportions of men and women on
the board, in senior executive positions and across
the whole workforce (including how the entity has
defined “senior executive” for these purposes); or
• if the entity is a “relevant employer” under the
Workplace Gender Equality Act, the entity’s most
recent “Gender Equality Indicators”, as defined in
and published under that Act.
2. If the entity was in the S&P/ASX 300 Index at
the commencement of the reporting period, the
measurable objective for achieving gender diversity
in the composition of its board should be to have not
less than 30% of its directors of each gender within
a specified period.
No
(a) Memiliki dan mengungkapkan proses untuk (a) Perusahaan telah memiliki dan mengungkapkan proses untuk mengevaluasi Dewan
mengevaluasi kinerja Dewan Komisaris, Komite, dan Komisaris, Komite, dna Individu Direksi di dalam:
Individu Direksi secara berkala (1) Proses Evaluasi Dewan Komisaris dan Direksi telah diungkapkan dalam Laporan
(b) Mengungkapkan untuk setiap periode pelaporan Tahunan 2019 ini di bagian Penilaian Kinerja Dewan Komisaris dan Direksi.
apakah evaluasi kinerja telah dilakukan sesuai (2) Proses evaluasi Kinerja Komite Penunjang Dewan Komisaris telah disebutkan dalam
dengan proses. Laporan Tahunan 2019 ini di bagian Organ Penunjang Dewan Komisaris (mengacu
pada sub-bagian “Penilaian Kinerja Komite Audit”, “Penilaian Kinerja Komite GCG-
NR, dan “Penilaian Kinerja Komite Manajemen Risiko”)
(3) Pencapaian KPI Komite dilakukan dengan berpedoman pada Keputusan Dewan
Komisaris Nomor 16/DK/SK/VI/2013 tentang Tata Cara Penilaian Kinerja Komite
Penunjang Dewan Komisaris. Penilaian Komite dilakukan melalui mekanisme
self-assessment dengan menggunakan metode evaluasi dalam suatu sistem yang
ditetapkan dalam Keputusan Dewan Komisaris.
(4) Proses evaluasi Kinerja Komite dan Dewan Komisaris telah diatur dalam:
• Pedoman Kerja Dewan Komisaris (BAB V di sub-bagian “Evaluasi Kinerja”)
• Pedoman Kerja Komite Audit (BAB II di sub-bagian “Evaluasi”
• Pedoman Kerja Komite Manajemen Risiko (BAB II di sub-bagian “Evaluasi”)
• Pedoman Kerja Komite GCG-NR (BAB II di sub-bagian “Evaluasi”)
(b) Hasil evaluasi Kinerja Komite dan Dewan Komisaris diungkapkan dalam Laporan Tahunan
2019 ini di bagian “Penilaian Kinerja Dewan Komisaris dan Direksi dan Organ Penunjang
Dewan Komisaris (mengacu di sub-bagian “Penilaian Kinerja Komite Audit”, Penilaian
Kinerja Komite Manajemen Risiko”, dan “Penilaian Kinerja Komite GCG-NR”)

(a) have and disclose a process for periodically (a) Listed entity has had and disclosed a process for periodically evaluating the performance
evaluating the performance of the board, its of the Board, its Committees, and individual Directors through:
committees and individual directors; and (1) The process of Performance Assessment of The Board Commissioners/Directors has
(b) disclose for each reporting period whether a been disclosed in this Annual Report 2019 in the section Performance Assessment of
performance evaluation has been undertaken in The Board of Commissioners and Board of Directors.
accordance with that process during or in respect of (2) The process of Performance Assessment of Committee has been disclosed in
that period. this Annual Report 2019 in the section Supporting Committees of The Board of
Commissioners (refer to the sub-section “Key Performance Indicator of Audit
Committee”, “Key Performance Indicator of Risk Management Committee”, and
“Key Performance Indicator of GCG-NR Committees”)
(3) KPI evaluation of the Committee is conducted by referring to the BOC Decree Number
16/DK/SK/VI/2013 concerning the Procedures of Performance Appraisal of the Board
of Commissioners. The Committee’s Evaluation Process is carried out through a self-
assessment mechanism using evaluation methods in a system stipulated in the Board
of Commissioners’ Decree.
(4) The process of Performance Assessment of The Committee and The Board of
Commissioners has been regulated in:
• Charter of The Board of Commissioners (Chapter 5 in the sub-section “Evaluation”)
• Charter of The Audit Committee (Chapter II in the sub-section “Evaluation”)
• Charter of The Risk Management Committee (Chapter II in the sub-section
“Evaluation”)
• Charter of the GCG-NR Committee (Chapter II in the sub-section “Evaluation”)
(b) The result of the Performance Assessment has been disclosed in this Annual Report
2019 in the section Performance Assessment of The Board of Commissioners and
Board of Directors and Supporting Committees of The Board of Commissioners (refer to
the sub-section “Key Performance Indicator of Audit Committee”, “Key Performance
Indicator of Risk Management Committee”, and “Key Performance Indicator of GCG-NR
Committees”)
(a) Memiliki dan mengungkapkan proses untuk (a) Perusahaan telah memiliki dan mengungkapkan Proses evaluasi Kinerja Direksi telah
mengevaluasi kinerja Direksi setidaknya sekali setiap diungkapkan dalam Laporan Tahunan 2019 ini di bagian Penilaian Kinerja Dewan
periode; dan Komisaris dan Direksi (mengacu pada sub-bagian “Hasil Penilaian Kinerja Direksi”)
(b) Mengungkapkan untuk setiap periode pelaporan (b) Kebijakan evaluasi kinerja Direksi telah diatur dalam Pedoman Kerja Direksi (BAB V)
apakah evaluasi kinerja Direksi telah dilakukan sesuai
dengan proses.

(a) have and disclose a process for evaluating the (a) The Company has had, and disclosed, process evaluation Board of Director's performance
performance of its senior executives at least once has been disclosed in this Annual Report 2019 in the section Performance Assessment of
every reporting period; and Board of Commissioners and Board of Directors.
(b) disclose for each reporting period whether a (b) The policy of evaluation performance of Board has been regulated in Charter of Board of
performance evaluation has been undertaken in Directors (Chapter 5)
accordance with that process during or in respect of
that period.
No
Prinsip 2 - Struktur Dewan Komisaris dan Direksi yang Memberi Nilai Tambah
Principle 2: Structure of the Board that Add Value
(a) Memiliki Komite Nominasi yang: (a) Perusahaan memiliki Komite Nominasi, dimana pengungkapan informasi terkait Komite
(1) Memiliki setidaknya tiga anggota, yang mayoritas GCG-NR disebutkan dalam Laporan Tahunan 2019 ini di bagian Organ Penunjang Dewan
adalah independen; dan Komisaris (mengacu di sub-bagian “Komite GCG-NR”) yang memuat informasi antara
(2) Diketuai oleh Komisaris Independen, dan lain:
mengungkapkan: (1) Anggota Komite GCG-NR berjumlah 5 (lima) orang, 3 (tiga) di antaranya adalah
• Piagam komite Independen. Ketua Komite merupakan Komisaris Independen (mengacu di sub-bagian
• Anggota komite; dan “Kriteria Independensi ASX” dan “Keanggotaan Komite GCG-NR”)
• Pada akhir setiap periode melaporkan jumlah Piagam Komite GCG-NR, dokumen juga dapat diakses melalui website perusahaan
waktu pertemuan, termasuk kehadiran setiap https://www.antam.com/id/governing-antam/policy-manual
anggotanya. Keanggotaan Komite GCG-NR
(b) Jika tidak memiliki Komite Nominasi, mengungkapkan Jumlah waktu pertemuan dan kehadiran setiap anggota Komite
fakta dan proses terhadap proses suksesi dari (b) N/A
Dewan Komisaris/ Direksi dan memastikan bahwa
Dewan Komiaris/Direksi secara keseluruhan memiliki
keahlian yang relevan, pengetahuan, pengalaman,
independensi dan keragaman yang diperlukan untuk
dapat melaksanakan tugas dan tanggung jawabnya
secara efektif.
The board of a listed entity should: Fully Comply

(a) have a nomination committee which: (a) The company has a Nomination Committee, where the disclosure of information related
(1) has at least three members, a majority of whom to GCG-NR Committee mentioned in this Annual Report 2019 in the section Supporting
are independent; and Committees of The Board of Commissioners (refer to the sub-section “GCG-NR
(2) is chaired by an independent Commissioner, and Committees”) which contains information about:
disclose: (1) There are 5 (five) members of the GCG-NR Committee, 3 (three) of whom are
• the charter of the committee; Independent. The Chairperson of the Committee is an Independent director (refer
• the members of the committee; and to the "ASX Independence Criteria" and "GCG-NR Committee Membership" sub-
• as at the end of each reporting period, sections)
the number of times the committee met Charter of GCG-NR Committee, the document also can be accessed on Company’s
throughout the period and the individual website https://www.antam.com/id/governing-antam/policy-manual
attendances of the members at those The membership of GCG-NR Committee
meetings; or The number of meeting and attendance of each Committee members(refer to the
(b) if it does not have a nomination committee, disclose sub-section “Meeting of GCG-NR Committee”)
that fact and the processes it employs to address (b) N/A
board succession issues and to ensure that the board
has the appropriate balance of skills, knowledge,
experience, independence and diversity to enable it
to discharge its duties and responsibilities effectively.
mengungkapkan matriks keahlian dari Dewan (a) Informasi terkait matrix skill Dewan Komisaris dan Direksi telah diungkapkan dalam
Komisaris/Direksi dan keragaman yang saat ini dimiliki Laporan Tahunan 2019 ini di bagian Keberagaman Komposisi Dewan Komisaris dan
Dewan Komisaris/Direksi atau sedang mencari paduan Direksi.
keragaman keahlian dalam keanggotaannya. (b) Keberagaman skill masing-masing anggota Direksi dan Dewan Komisaris digambarkan
melalui tingkat pendidikan akhir, dan keahlian.
A listed entity should have and disclose a board skills Fully Comply
matrix setting out the diversity of skills that the board (a) Information about Board of Commissioners and Director's matrix skill has been
currently has or is looking to achieve in its membership. disclosed in this Annual Report 2019 in the section Diversity in Composition of Board of
Commissioners and Board of Directors.
(b) The diversity of skills of each member of Board of Directors and Board of Commissioners
is illustrated through the level of final education and expertise.
No
2.3 Perusahaan Tercatat harus mengungkapkan: Seluruhnya Terpenuhi
(a) nama-nama Dewan Komisaris yang sedang (a) Keanggotaan Dewan Komisaris dan Direksi telah diungkapkan dalam Laporan Tahunan
dipertimbangkan oleh Dewan Komisaris untuk 2019 ini di bagian Dewan Komisaris (mengacu pada sub-bagian “Susunan dan Komposisi
menjadi Komisaris Independen; Dewan Komisaris”) dan Direksi (mengacu pada sub-bagian “Susunan dan Komposisi
(b) jika Dewan Komisaris/Direksi memiliki kepentingan, Direksi”)
posisi, asosiasi atau hubungan dari tipe yang (b) Dewan Komisaris dan Direksi memiliki Surat Pernyataan Independensi yang diungkapkan
diuraikan dalam Kotak 2.3 namun Dewan Komisaris/ dalam Laporan Tahunan 2019 ini di bagian Dewan Komisaris (mengacu pada sub-
Direksi berpendapat bahwa hal tersebut tidak bagian “Pernyataan Independensi Komisaris”) dan Direksi (mengacu pada sub-bagian
membahayakan terhadap independensi Dewan “Pernyataan Independensi Direksi”). Dokumen juga dapat diakses di website perusahaan
Komisaris/Direksi, sifat kepentingan, posisi asosiasi https://www.antam.com/id/governing-antam/policy-manual
atau hubungan sebagaimana yang dimaksud, (c) Masa Jabatan Dewan Komisaris dan Direksi diungkapkan dalam Laporan Tahunan
penjelasan mengenai mengapa Dewan Komisaris/ 2019 ini di bagian Dewan Komisaris (mengacu pada sub-bagian “Masa Jabatan Dewan
Direksi berpendapat atas hal tersebut; dan Komisaris”) dan Direksi (mengacu pada sub-bagian “Masa Jabatan Direksi”)
(c) masa kerja dari masing-masing Dewan Komisaris/
Direktur.
A listed entity should disclose: Fully Comply

(a) the names of the directors considered by the board (a) Membership of Board of Commissioners/Directors has been disclosed in this Annual
to be independent directors; Report 2019 in the section Board of Commissioners (refer to the sub-section “Structure
(b) if a director has an interest, position or relationship and Composition of Board of Commissioners”) and Board of Directors (refer to the sub-
of the type described in Box 2.3 but the board is section “Structure and Composition of Board of Directors)
of the opinion that it does not compromise the The Board of Commissioners/Directors has Independence Statement of Board of
independence of the director, the nature of the Commissioners/Directors which has been disclosed in this Annual Report 2019 in
interest, position or relationship in question and an the section Board of Commissioners (refer to the section “Independence Statement
explanation of why the board is of that opinion; and of the Board of Commissioners”) and Board of Directors (refer to the sub-section
(c) the length of service of each director. “Independence Statement of the Board and Directors”). The document can be accessed
on the Company’s website https://www.antam.com/id/governing-antam/policy-manual
(c) The term of office of the BOC/BOD has been disclosed in this Annual Report in the
section Board of Commissioners (refer to the sub-section “Term of Office of the Board of
Commissioners”) and Board of Directors (refer to the sub-section “Term of Office of the
Board of Directors”)
2.4 Mayoritas Dewan Komisaris dari Perusahaan Tercatat Seluruhnya Terpenuhi
harus merupakan Komisaris Independen Informasi keanggotaan Komisaris Independen telah diungkapkan dalam Laporan Tahunan
2019 ini di bagian Dewan Komisaris (mengacu pada sub-bagian “Kriteria Independensi
ASX”) dan mengungkapkan bahwa seluruh anggota Dewan Komisaris adalah independen
berdasarkan kriteria ASX.
A majority of the Board of Commissioners of a listed Fully Comply

entity should be Independent Commissioner. Information about structure and composition of Independent Commissioners has been
disclosed in this Annual Report 2019 in the section Board of Commissioners (refer to the
sub-section “ASX Independency Criteria”) and revealed that all Board of Commissioners
members are independent based on ASX criteria.
2.5 Komisaris Utama dari Dewan Komisaris Perusahaan Seluruhnya Terpenuhi
Tercatat harus merupakan Komisaris independen Komisaris Utama ANTAM merupakan orang yang berbeda dengan Direktur Utama ANTAM
dan secara khusus, bukan merupakan orang yang dan merupakan Komisaris Independen berdasarkan kriteria independensi ASX.
sama yang menjabat sebagai Direktur Utama dalam Informasi terkait keanggotaan Komisaris Independen dan Direktur Utama diungkapkan
Perusahaan. dalam Laporan Tahunan 2019 di bagian Dewan Komisaris (mengacu pada sub-bagian
“Susunan dan Komposisi Dewan Komisaris”) dan Direksi (mengacu pada sub-bagian
“Susunan dan Komposisi Direksi”)
The chair of the Board of Commissioners of a listed Fully Comply

entity should be an Independent Commissioner and, in ANTAM’s President Commissioner is not ANTAM’s President Director and is an Independent
particular, should not be the same person as the CEO Commissioner based on ASX independence criteria.
of the entity. Information about structure and composition of the Independent Commissioners and CEO
has been disclosed in this Annual Report 2019 in the section Board of Commissioners (refer
to the sub-section “Structure and Composition of Board of Commissioners”) and Board of
Directors (refer to the sub-section “Structure and Composition of Board of Directors)
No
2.6 Perusahaan Tercatat harus memiliki program Seluruhnya Terpenuhi
pengenalan bagi Dewan Komisaris/Direksi baru dan 1. Program Pengenalan bagi Komisaris/Direksi dan pengembangan profesional telah
memberikan kesempatan pengembangan profesional diungkapkan dalam Laporan Tahunan 2019 ini di bagian Direksi (mengacu pada
yang sesuai bagi Dewan Komisaris/ Direksi untuk sub-bagian “Program Pengenalan Perusahaan untuk Komisaris/Direksi” dan Program
mengembangkan dan memelihara keahlian dan Pengembangan Kapabilitas Komisaris/Direksi”)
pengetahuan yang dibutuhkan dalam melakukan (a) Pada tahun 2019, dilakukan program pengenalan perusahaan untuk masing-masing
perannya sebagai Direktur secara efektif. Dewan Komisaris dan Direksi Baru sebanyak 2 (dua) kali.
(b) Program pengembangan Dewan Komisaris sebagaimana tercantum dalam Piagam
Dewan Komisaris, yakni bahwa anggota Dewan Komisaris harus senantiasa
menambah dan memutakhirkan pengetahuannya melalui kegiatan pelatihan,
workshop, seminar, conference, ataupun dalam bentuk kunjungan kerja serta banding
kaji (benchmark).
(c) Di tahun 2019, Direksi telah mengikuti pendidikan berkelanjutan, yang
dikombinasikan dalam self-study dan keikutsertaan pada pendidikan khusus,
pelatihan, workshop, seminar ataupun conference yang bermanfaat dalam
meningkatkan efektivitas fungsi Direksi, sebagaimana ketentuan yang diatur dalam
Piagam Direksi.
2. Perusahaan juga mengatur kebijakan Program Pengenalan Dewan Komisaris/Direksi dan
Pengembangan Profesional dalam:
(a) Program Pengenalan Perusahaan kepada anggota Direksi telah diatur dalam Piagam
Direksi (BAB II)
(b) Program Pendidikan Berkelanjutan anggota Direksi telah diatur dalam Piagam Direksi
(BAB III)
A listed entity should have the induction program Fully Comply

for the new BOC/BOD and for periodically reviewing 1. The Company has an Induction Program for The Board of Commissioners/Directors and
whether there is a need for existing BOC/BOD to development professional program. This information also disclosed in this Annual Report
undertake professional development to maintain the 2019 in the section Board of Directors (refer to the sub-section “Induction Program
skills and knowledge needed to perform their role as for the Board of Directors” and “Capability Development Program for the Board of
directors effectively. Directors”
(a) In 2019, the induction program for the new member of Board of Commissioner/
Directors was conducted 2 (two) times.
(b) The Board of Commissioners’ development program as stated in Charters of the Board
of Commissioners, the Board of Commissioners must constantly add and update its
knowledge through training, workshops, seminars, conferences or in the form of work
visits and benchmarking.
(c) In 2019, the Board of Directors has attended the following continuous learning, which
is combined with self-study and participation in special education, training, workshop,
seminars or conferences, which are useful in improving the effectiveness of the Board
of Directors’ functions as specified in the Charter of the Board of Directors.
2. The Company also regulated Induction Program and Capability Development
Professionals Program for The Board of Commissioners/ Directors in:
(a) An Induction Program for the Board of Directors has been regulated in the Charter of
The Board of Directors (Chapter 2)
(b) Continuing Program for the Board of Directors has been regulated in Charter of The
Board of Directors (Chapter 3)
Prinsip 3: Penanaman Budaya bertindak Secara Sah, Etis, dan Bertanggung Jawab
Principle 3: Instil a Culture of Acting Lawfully, Ethically and Responsibly
3.1 Perusahaan Tercatat harus menjelaskan dan Seluruhnya Terpenuhi
mengungkapkan Nilai Utama Perusahaan Nilai-nilai inti dari Perusahaan sudah diungkapkan di dalam:
• Laporan Tahunan 2019 ini pada bagian Profil Perusahaan (mengacu pada sub-bagian
“Budaya & Nilai Perusahaan) dan Laporan Berkelanjutan 2019 pada bagian Tata Kelola &
Kepatuhan Hukum Sebagai Pondasi (mengacu pada sub-bagian “Nilai-nilai dan Budaya
Perusahaan”)
• Dokumen yang dapat diakses melalui website Perusahaan, yaitu Standar Etika
Perusahaan pada bagian Corporate Vision, Mission and Value pada sub-bagian
“Corporate Values”.
A listed entity should articulate and disclose its core Fully Comply
values. The Core Values of the Company have been disclosed in:
• This Annual Report 2019 at the section of Company Profile (refer to sub-section
“Corporate Culture and Values) and Sustainability Report 2019 at the section Good
Governance & Compliance as Foundation (refer to sub-section “Company Values And
Culture”)
• Document that can be accessed in Company’s website, which is Code of Conduct. at the
section Corporate Vision, Mission and Value (refer to sub-section “Corporate Values”).
No
(a) memiliki dan mengungkapkan Kode Etik bagi (a) ANTAM telah memiliki aturan kode etik Perusahaan yang berlaku untuk seluruh individu
Komisaris/Direktur, Senior Eksekutif dan Karyawan; yang bertindak atas nama ANTAM, serta Pegawai Anak Perusahaan dan Afiliasi di bawah
dan pengendalian Anak Perusahaan atau Badan Usaha lain yang dimiliki ANTAM dan telah
(b) memastikan bahwa Dewan Komisaris atau Komite diungkapkan di dalam:
di bawah Dewan Komisaris mendapatkan informasi (1) Laporan Tahunan 2019 ini pada bagian Standar Etika Perusahaan.
apabila terdapat pelanggaran atas kode etik. (2) Dokumen yang dapat diakses di website Perusahaan, yaitu Standar Etika Perusahaan.
(b) Penyampaian informasi pelanggaran atas kode etik kepada Dewan Komisaris atau
Komite di bawah Dewan Komisaris diungkapkan di dalam dokumen yang dapat diakses
di website Perusahaan, yaitu Standar Etika Perusahaan ANTAM 2019 (mengacu pada
bagian “Prosedur Penanganan atas Pelaporan Pelanggaran”).

(a) have of and disclose a code conduct for its directors, (a) ANTAM has the Company's Code of Conduct that applies to all individuals acting on
senior executives and employees; and behalf of ANTAM, as well as Employees of Subsidiaries and Affiliates under the control of
(b) ensure that the board or a committee of the board is Subsidiaries or other Business Entities owned by ANTAM and disclosed in:
informed of any material breaches of that code. (1) This Annual Report 2019 at the section Code of Conduct (refer to sub-section
“Socialization of the Company’s Code of Conduct”).
(2) Document that can be accessed in Company’s website, which is Code of Conduct.
(b) Reporting the information of any material breaches of the code of ethics to the Board of
Commissioners or the Committees of the Board of Commissioners has disclosed on the
document that can be accessed in Company’s website, which is Code of Conduct (refer
to “Handling Procedure for Reporting Violations”).
(a) memiliki dan mengungkapkan sebuah kebijakan (a) ANTAM telah memiliki Kebijakan Whistleblowing yang diungkapkan di dalam:
whistleblowing; dan (1) Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-
(b) memastikan bahwa Dewan Komisaris atau Komite bagian “Whistleblowing System”).
di bawah Dewan Komisaris mendapatkan informasi (2) Dokumen yang dapat diakses di website Perusahaan, yaitu Standar Etika Perusahaan,
terkait dengan insiden material yang dilaporkan di (mengacu pada sub-bagian”Whistleblowing System”).
bawah kebijakan tersebut (b) Perusahaan sudah memastikan bahwa Direksi dan Dewan Komisaris sudah
diinformasikan tentang semua pelaporan insiden material yang terdapat di bawah
kebijakan tersebut yang diungkapkan di dalam Laporan Tahunan 2019 ini pada bagian
Tata Kelola Perusahaan (mengacu pada sub-bagian “Sosialisasi Whistleblowing System”).
Selain itu, Laporan whistleblowing dan penanganannya disampaikan oleh Dewan
Komisaris kepada Direktur Utama melalui surat Dewan Komisaris nomor 91/DK/SRT/
II/2020/Rhs tanggal 11 Februari 2020 tentang Pelaporan Pelanggaran (Whistleblowing)
Pengaduan Tahun 2019.

(a) have and disclose a whistleblower policy; and (a) Company have a whistleblowing policy that have been disclosed in:
(b) ensure that the board or a committee of the board (1) This Annual Report 2019 at the section Corporate Governance (refer to sub-section
is informed of any material incidents reported under “Whistleblowing System”)
that policy. (2) Document that can be accessed in Company’s Website, which is Code of Conduct
(b) Company have ensure that the board or a committee of the board is informed of any
material incidents reporting under that policy that have been disclosed in this Annual
Report at the section Corporate Governance (refer to sub-section “Socialization in
Whistleblowing System).
Moreover, the Report of Whistleblowing and its follow-up has been informed by the
Board of Commissioners to the President Director through Letter number 91/DK/SRT/
II/2020/Rhs dated Februari 11th, 2020, regarding Report of Whistleblowing year 2019.
(a) Memiliki dan mengungkapkan sebuah kebijakan anti (a) Perusahaan sudah memiliki kebijakan tentang anti penyuapan dan korupsi yang
suap dan korupsi; dan diungkapkan di dalam:
(b) Memastikan bahwa Dewan Komisaris atau Komite (1) Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-
di bawah Dewan Komisaris mendapatkan informasi bagian “Pengendalian Gratifikasi”)
terkait dengan pelanggaran material dari kebijakan (2) Dokumen yang dapat diakses di website Perusahaan, yaitu Standar Etika Perusahaan
tersebut. (3) Dokumen internal yaitu Kebijakan Pengendalian Gratifikasi di PT ANTAM Tbk
(b) Perusahaan sudah memastikan bahwa Direksi atau Dewan Komisaris sudah
diinformasikan tentang semua pelanggaran material yang diungkapkan di dalam Laporan
Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-bagian
“Budaya Anti Gratifikasi”)

(a) have and disclose an anti-bribery and corruption (a) The Company have an anti-bribery and corruption policy that have been disclosed in:
policy; and (1) This Annual Report 2019 at the section Corporate Governance (refer to sub-section
(b) ensure that the board or a committee of the board is “Gratification Control”)
informed of any material breaches of that policy. (2) Document that can be accessed in Company’s Website, which is Code of Conduct
(3) The internal document, namely Management Policy Gratification Control at
PT ANTAM Tbk.
(b) The Company ensure that the board or a committee of the board is informed of any
material breaches of that policy that have been disclosed in This Annual Report 2019 at
the section Corporate Governance (refer to sub-section “Anti Gratification Culture”)
No
Prinsip 4: Menjaga Integritas dari Laporan Perusahaan
Principle 4: Maintain the Integrity of Corporate Reports
4.1 Dewan Komisaris Perusahaan Tercatat harus: Seluruhnya Terpenuhi
(a) memiliki Komite Audit, (a) Perusahaan telah memiliki Komite Audit yang diungkapkan dalam Laporan Tahunan
(1) yang setidaknya terdiri dari 3 (tiga) anggota, 2019 ini di bagian Organ Penunjang Dewan Komisaris (mengacu pada sub-bagian
seluruhnya adalah bukan bagian dari Direksi dan “Komite Audit”).
mayoritas terdiri dari Komisaris Independen; dan (1) Keanggotaan Komite Audit berjumlah 4 (empat) orang. Mayoritas Komite Audit
(2) dipimpin oleh seorang Komisaris Independen yang terdiri dari anggota yang independen (75%), yaitu 1 (satu) Komisaris Independen, 1
bukan merupakan Ketua Dewan Komisaris, serta (satu) Komisaris dan 2 (dua) anggota lainnya bukan Komisaris dan berasal dari luar
mengungkapkan Perusahaan. Informasi ini telah diungkapkan dalam Laporan Tahunan 2019 ini di
• Piagam Komite; bagian Organ Penunjang Dewan Komisaris “Komite Audit’ (mengacu pada sub-bagian
• Kualifikasi dan pengalaman dari anggota “Keanggotaan Komite Audit”).
Komite yang relevan dan; (2) Komite Audit diketuai oleh Komisaris Independen yang bukan merupakan Komisaris
• Jumlah rapat Komite pada akhir periode Utama. Informasi ini telah diungkapkan dalam Laporan Tahunan 2019 ini di bagian
pelaporan tersebut, termasuk kehadiran dari Organ Penunjang Dewan Komisaris “Komite Audit’ (mengacu pada sub-bagian
setiap anggotanya. “Keanggotaan Komite Audit”).
(b) Jika tidak memiliki Komite Audit, mengungkapkan Komite Audit memiliki Pedoman Kerja Komite Audit yang diungkapkan dalam Laporan
fakta tersebut dan proses yang digunakan oleh Tahunan 2019 ini di bagian Organ Penunjang Dewan Komisaris “Komite Audit’
Perusahaan untuk memverifikasi secara independen (mengacu pada sub-bagian “Pedoman Kerja Komite Audit”). Dokumen ini juga dapat
dan menjaga integritas dari pelaporan Perusahaan, diakses di website perusahaan https://www.antam.com/id/governing-antam/policy-
termasuk proses pengangkatan dan pemberhentian manual
auditor eksternal serta rotasi dari mitra kerja audit. Kualifikasi dan Pengalaman Kerja anggota Komite Audit telah diungkapkan dalam
Laporan Tahunan 2019 ini di bagian Organ Penunjang Dewan Komisaris “Komite
Audit’ (mengacu pada sub-bagian “Keanggotaan Komite Audit”)
Rapat Komite Audit dan Kehadiran Anggota Komite Audit telah diungkapkan dalam
Laporan Tahunan 2019 ini di bagian Organ Penunjang Dewan Komisaris “Komite
Audit’ (mengacu pada sub-bagian “Rapat Komite Audit”).
(b) N/A

(a) have an audit committee which: (a) The Company already has an Audit Committee disclosed in this Annual Report 2019 in
(1) has at least three members, all of whom are the section Supporting Committees of The Board of Commissioners (refer to the sub-
nonexecutive directors and a majority of whom section “Audit Committee”).
are Independent Commissioner; and (1) Audit Committee membership consists of 4 (four) people. The majority of the
(2) is chaired by an Independent Commissioner, who Audit Committee consists of independent members (75%), namely 1 (one)
is not the chair of the board, and disclose: Independent Commissioner, 1 (one) Commissioner and 2 (two) other members are
• the charter of the committee; not Commissioners and are from outside the Company. This information has been
• the relevant qualifications and experience of disclosed in this Annual Report in the section Supporting Committees of The Board
the members of the committee; and of Commissioners “Audit Committee (refer to the sub-section “Audit Committee
• in relation to each reporting period, the Membership Structure”).
number of times the committee met (2) The Audit Committee is chaired by an Independent Commissioner who is not the
throughout the period and the individual President Commissioner. This information has been disclosed in this Annual Report
attendances of the members at those in the section Supporting Committees of The Board of Commissioners “Audit
meetings. Committee (refer to the sub-section “Audit Committee Membership Structure”).
(b) if it does not have an audit committee, disclose Audit Committee has Charter of Audit Committee which has been disclosed in
that fact and the processes it employs that this Annual Report 2019 in the section Supporting Committees of The Board of
independently verify and maintain the integrity of its Commissioners (refer to the sub-section “Charter of Audit Committee”). The
corporate reporting, including the processes for the document also can be accessed on Company’s website https://www.antam.com/id/
appointment and dismissal of the external auditor governing-antam/policy-manual
and the rotation of the audit engagement partner. The qualification and work experiences of the Board have been disclosed in the
section Supporting Committees of The Board of Commissioners (refer to the sub-
section “Audit Committee Membership and Structure”).
Meeting and attendance of the Audit Committee have been disclosed in this Annual
Report 2019 in the section Supporting Committees of The Board of Commissioners
(refer to the sub-section “Meeting of the Audit Committee”).
(b) N/A
No
4.2 Dewan Komisaris/Direksi harus, sebelum menyetujui Seluruhnya Terpenuhi
laporan keuangan Perusahaan pada periode keuangan, Dalam Laporan Tahunan 2018 hlm. 763, terdapat informasi tentang surat pernyataan Direksi
menerima pernyataan tersebut dari Direktur Utama mengenai Tanggung Jawab atas Manajemen Risiko dan Pengendalian Internal PT ANTAM Tbk
dan Direktur Keuangan, menurut opini mereka, dan Entitas Anak.
bahwa catatan laporan keuangan Perusahaan telah
dipelihara dengan baik dan laporan keuangan telah
sesuai dengan standar akuntansi yang berlaku serta
memberikan gambaran dengan benar dan wajar atas
posisi keuangan dan kinerja Perusahaan di mana opini
tersebut dibentuk berdasarkan pada pendekatan
manajemen risiko dan pengendalian internal yang
dioperasikan secara efektif.
The board of a listed entity should, before it approves Fully Comply

the entity’s financial statements for a financial period, In the 2018 Annual Report p. 763, there is information about the Directors' statement
receive from its CEO and CFO a declaration that, in their regarding Responsibility for Risk Management and Internal Control of PT ANTAM Tbk and
opinion, the financial records of the entity have been Subsidiaries.
properly maintained and that the financial statements
comply with the appropriate accounting standards and
give a true and fair view of the financial position and
performance of the entity and that the opinion has
been formed on the basis of a sound system of risk
management and internal control which is operating
effectively.
4.3 Perusahaan Tercatat harus mengungkapkan prosesnya Seluruhnya Terpenuhi
untuk memastikan integritas dari setiap laporan Proses pengungkapan laporan periodik Perusahaan oleh Dewan Komisaris dan Direksi
periodik perusahaan yang dipublikasikan di pasar yang telah diatur dalam Kebijakan Tata Kelola Perusahaan (BAB II di sub-bagian 2.8.2 “Dewan
tidak diaudit atau ditinjau oleh auditor eksternal. Komisaris” dan 2.8.3 “Direksi”) yaitu:
• Direksi wajib mengungkapkan pelaporan secara teratur sesuai dengan ketentuan yang
berlaku, Direksi membuat laporan bulanan, triwulanan, tengah tahunan dan tahunan
kepada Dewan Komisaris, Otoritas Pasar Modal, instansi terkait atau kepada RUPS.
• Dewan Komisaris memberikan tanggapan atas Laporan berkala Direksi (triwulan,
tahunan) serta pada setiap waktu yang diperlukan mengenai perkembangan Perseroan
dan melaporkan hasil pelaksanaan tugasnya kepada Pemegang Saham Seri A Dwiwarna
tepat pada waktunya.
• Selain itu proses review atas informasi risiko dan manajemen perusahaan dalam laporan-
laporan yang akan dipublikasi juga merupakan tanggung jawab Komite Manajemen
Risiko.
• Sustainability Report telah mengungkapkan pernyataan tanggung jawab atas kebenaran
dan kesesuaian Laporan Keberlanjutan yang ditandatangani oleh seluruh Dewan
Komisaris dan Direksi.
• Laporan Eksplorasi telah memuat pihak yang bertanggung jawab atas penyusunan dan
kebenaran laporan.
A listed entity should disclose its process to verify the Fully Comply
integrity of any periodic corporate report it releases The disclosure process of the periodical report of the Board of Commissioners and Board of
to the market that is not audited or reviewed by an Directors has been regulated in the Corporate Governance Policy (refer to the sub-section
external auditor. 2.8.2 “Board of Commissioners” and 2.8.3 “Board of Directors”)
• The Board of Directors must disclose regular reports by applicable regulations; the Board
of Directors makes monthly, quarterly, semi-annual and annual reports to the Board of
Commissioners, the Capital Market Authority, relevant agencies or to the Annual GMOS.
• The Board of Commissioners responds to the Directors' periodic reports (quarterly,
annually) as well as at any time needed regarding the development of the Company
and reports the results of the implementation of its duties to the Dwiwarna Series A
Shareholders on time.
• Besides, the process of reviewing risk information and company management in the
reports to be published is also the responsibility of the Risk Management Committee.
• The Sustainability Report has revealed statements of responsibility for the truth and
suitability of the Sustainability Report, which was signed by all Board of Commissioners
and Directors.
• The Exploration Report contains the parties responsible for the preparation and veracity
of the report.
No
Prinsip 5: Melakukan Pengungkapan Informasi Secara Tepat Waktu dan Seimbang
Principle 5: Make Timely and Balanced Disclosure
mengungkapkan kebijakan tertulis untuk mematuhi ANTAM telah memiliki kebijakan tertulis untuk mematuhi kewajiban pengungkapan yang
kewajiban pengungkapannya yang berkelanjutan berkelanjutan yang diatur di dalam:
berdasarkan peraturan 3.1 • Laporan Tahunan 2019 bagian Tata Kelola Perusahaan (sub bagian "Kebijakan Hubungan
dengan Pemegang Saham").
• Dokumen yang dapat diakses di dalam website Perusahaan, yaitu Kebijakan Tata Kelola
Perusahaan Edisi 2016 PT ANTAM Tbk (mengacu pada Bab II Panduan Tata Kelola
Perusahaan yang Baik).
• Dokumen internal, di antaranya:
- Kebijakan Pengungkapan Informasi
- Standard Operating Procedures (SOP) Komunikasi Internal dan Eksternal
A listed entity should have and disclose a written policy Fully Comply
for complying with its continuous disclosure obligations ANTAM has had written policy for complying with its continuous disclosure obligations and
under listing rule 3.1. it is regulated on:
• This 2019 Annual Report, Corporate Governance section (sub-section "Shareholders
Relations Policy").
• Document that is accessible in Company’s website, which is PT ANTAM Tbk's 2016
Corporate Governance Policy.
• Internal document, including:
- Information Disclosure Policy.
- Internal and External Communication Standard Operating Procedures (SOPs).
5.2 Perusahaan Tercatat harus memastikan bahwa Dewan Tidak Terpenuhi
Komisaris dan Direksi menerima salinan dari semua Tidak dapat dipastikan bahwa Dewan Komisaris dan Direksi menerima salinan dari semua
pengumuman pasar yang material yang telah dibuat. materi pengumuman pasar yang material setelah pengumuman tersebut dilakukan.
A listed entity should ensure that its board receives Not Comply
copies of all material market announcements promptly It cannot be ensured that the Board of Commissioners and Directors receive copies of all
after they have been made. material market announcements promptly after the announcements been made.
5.3 Perusahaan Tercatat yang memberikan presentasi Tidak Terpenuhi
kepada investor atau analis harus merilis salinan materi Perusahaan tidak merilis informasi presentasi kepada investor di platform Pengumuman
presentasi pada platform Pengumuman Pasar ASX Pasar ASX.
sebelum presentasi dilakukan.
A listed entity that gives a new and substantive Not Comply

investor or analyst presentation should release a copy The company does not release presentation information to investors on the ASX Market
of the presentation materials on the ASX Market Announcement platform.
Announcements Platform ahead of the presentation.
Principle 6: Menghormati Hak Pemegang Saham
Principle 6: Respect the Rights of Security Holders
6.1 Perusahaan Tercatat harus memberikan informasi Seluruhnya Terpenuhi
tentang Perusahaan dan tata kelola kepada para ANTAM telah memiliki situs Perusahaan yaitu www.antam.com yang berisi informasi
investor melalui situs Perusahaan penting dan tata kelola perusahaan.
A listed entity should provide information about itself Fully Comply

and its governance to investors via its website. The Company has had Corporate website www.antam.com that contains essential
information and corporate governance.
6.2 Perusahaan Tercatat harus memiliki program hubungan Seluruhnya Terpenuhi
kerja sama dengan investor untuk memfasilitasi ANTAM memiliki investor relation program yang memfasilitasi komunikasi 2 arah yang
komunikasi dua arah yang efektif dengan para investor. efektif dengan investor yang diungkapkan di dalam Laporan Tahunan 2019 ini pada bagian
Tata Kelola Perusahaan (mengacu pada sub-bagian “Akses Informasi dan Data Perusahaan”)
di antaranya melalui RUPS, investor conference, public expose, conference call, site visit, dan
non-deal roadshows.
A listed entity should have an investor relations program Fully Comply

that facilitates effective two-way communication with The company has an investor relations program that facilitates effective 2-way
investors. communication with investors disclosed in this 2019 Annual Report on Corporate
Governance section (refer to sub-section "Access to Information and Data Company")
which are through GMS, investor conferences, public expose, conference calls, site visits,
and non-deal roadshows.
No
6.3 Perusahaan Tercatat harus mengungkapkan kebijakan Seluruhnya Terpenuhi
dan proses yang ada untuk memfasilitasi dan 1. ANTAM telah mengungkapkan cara untuk memfasilitasi dan mendorong partisipasi pada
mendorong partisipasi pada rapat Pemegang Saham. rapat pemegang saham yang diungkapkan di dalam:
• Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada
sub-bagian “Media Komunikasi” dan “Pengungkapan Informasi kepada Pemegang
Saham”)
• Dokumen yang dapat diakses di website Perusahaan, yaitu Anggaran Dasar Pasal 5
2. Praktik yang dijalankan ANTAM:
• Berdasarkan dokumen Pengumuman RUPST Tahun Buku 2018 dan Pengumuman
RUPSLB 2019, Pemegang Saham diberikan kesempatan untuk mengajukan agenda
rapat paling lama 7 (tujuh) hari kalender sebelum tanggal Pemanggilan RUPS.
• Berdasarkan dokumen Pemanggilan RUPST Tahun Buku 2018 dan Pengumuman
RUPSLB 2019, Pemegang Saham yang tidak dapat menghadiri RUPS dapat
direpresentasikan melalui Surat Kuasa.
• Berdasarkan Ringkasan Risalah RUPST Tahun Buku 2018 dan Ringkasan Risalah
RUPSLB 2019, Pemegang Saham diberikan kesempatan untuk mengajukan
pertanyaan atas masing-masing agenda kepada Pimpinan Rapat. Pada RUPST total
terdapat 6 pertanyaan dari Pemegang Saham
A listed entity should disclose how it facilitates and Fully Comply

encourages participation at meetings of security holders 1. ANTAM has disclosed ways to facilitate and encourage participation in shareholders'
meetings which are disclosed in:
• This Annual Report 2019 on the section Corporate Governance (refer to the
“Communication Media" dan “Information Disclosures to Shareholders)
• Document that can be accessed in Company’s website, which is Article of Association,
article 5.
2. Antam’s Practice:
• Based on the Annual General Meeting of Shareholders 2018 Announcement
documents and the Announcement of the 2019 Extraordinary General Meeting of
Shareholders, Shareholders are allowed to submit a meeting agenda no later than 7
(seven) calendar days before the date of the GMOS Summon.
• Based on the Annual GMOS Summons for the 2018 Fiscal Year and the 2019
Extraordinary GMOS Announcement, Shareholders who cannot attend the GMOS can
be represented through a Power of Attorney.
• Based on the Summary of Minutes of the 2018 Extraordinary General Meeting of
Shareholders and the Summary of Minutes of the 2019 Extraordinary General Meeting
of Shareholders, Shareholders are allowed to raise questions on each agenda to the
Chairperson of the Meeting. At the Annual GMOS there were a total of 6 questions
. from the Shareholders
6.4 Perusahaan Tercatat harus memastikan bahwa semua Seluruhnya Terpenuhi
resolusi substantif pada rapat pemegang saham ANTAM melakukan pengungkapan terkait dengan pemungutan suara yang sudah
diputuskan dengan sistem poling dan bukan dengan diungkapkan di dalam:
angkat tangan. • Laporan Tahunan 2019 ini pada bagian Rapat Umum Pemegang Saham.
• Dokumen yang dapat diakses melalui website Perusahaan pada Risalah Rapat Umum
Pemegang Saham.
A listed entity should ensure that all substantive Fully Comply

resolutions at a meeting of security holders are decided ANTAM made disclosures related to voting disclosed in:
by a poll rather than by raising hands. • This Annual Report 2019 at the section of General Meeting of Shareholders.
• Documents that can be accessed through the Company's website at the Minutes of the
General Meeting of Shareholders.
6.5 Perusahaan Tercatat harus memberikan Pemegang Seluruhnya Terpenuhi
Saham pilihan untuk menerima komunikasi dari, dan ANTAM telah memberikan pilihan kepada Pemegang Saham untuk menerima komunikasi
mengirim komunikasi kepada, Perusahaan dan Biro dari, dan mengirim komunikasi kepada, Perusahaan dan Biro Administrasi Efek secara
Administrasi Efek secara elektronik. elektronik yang diungkapkan di dalam Laporan Tahunan 2019 ini pada bagian Akses
Informasi dan Data Perusahaan.
A listed entity should give security holders the Fully Comply

option to receive communications from, and send ANTAM has given options to Shareholders to receive communications from, and send
communications to, the entity and its security registry communications to, the Company and the security registry electronically which are disclosed
electronically. in this Annual Report 2019 is in the section on Access to Company’s Information and Data.
No
Prinsip 7: Memahami dan Mengelola Risiko
Principle 7: Recognize and Manage Risk
7.1 Dewan Komisaris/Direksi harus: Seluruhnya Terpenuhi
(a) memiliki Komite Manajemen Risiko, yang setidaknya: (a) ANTAM telah memiliki Komite Manajemen Risiko yang terdiri dari lebih dari 3 anggota
(1) terdiri atas 3 orang anggota, mayoritas dari dan mayoritas adalah Komisaris independen dan diketuai oleh Komisaris Independen.
mereka adalah Komisaris Independen; dan ANTAM juga telah melakukan pengungkapan dari Pedoman Kerja Komite, anggota
(2) dipimpin oleh Komisaris Independen; serta dari Komite, jumlah pertemuan Komite dan jumlah kehadiran individu pada pertemuan
mengungkapkan tersebut. Hal ini diungkapkan dalam:
• Piagam Komite; (1) Laporan Tahunan 2019 pada bagian Komite Manajemen Risiko
• anggota Komite; dan (2) Dokumen yang dapat diakses di website Perusahaan, yaitu Pedoman Kerja Komite
• jumlah rapat Komite pada setiap akhir periode, Manajemen Risiko dan juga anggota dari Komite Manajemen Risiko
termasuk kehadiran dari anggota. (b) N/A
(b) Jika tidak memiliki Komite Manajemen Risiko;
Perusahaan harus mengungkapkan fakta dan proses
Perusahaan dalam mengawasi kerangka kerja
manajemen risikonya.

(a) have a committee or committees to oversee risk, (a) ANTAM has a Risk Management Committee consisting of more than 3 members and the
each of which: majority are Independent Commissioner and chaired by an Independent Commissioner.
(1) has at least three members, a majority of whom ANTAM has also disclosed the Charter of the committee, members of the Committee,
are Independent Commissioner; and the number of Committee meetings and the number of individual attendance at these
(2) is chaired by an Independent Commissioner, and meetings. This is disclosed in:
disclose: (1) This Annual Report 2019 on the Risk Management Committee section.
• the charter of the committee; (2) Documents that can be accessed on the Company's website, which are the Charter of
• the members of the committee; and Risk Management Committee also members of the Risk Management Committee.
• as at the end of each reporting period, (b) N/A
the number of times the committee met
throughout the period and the individual
attendances of the members at those
meetings; or
(b) if it does not have a risk committee or committees
that satisfy (a) above, disclose that fact and the
processes it employs for overseeing the entity’s risk
management framework.
7.2 Dewan Komisaris atau Komite di bawah Dewan Seluruhnya Terpenuhi
Komisaris harus: (a) Dewan Komisaris meninjau kerangka kerja manajemen risiko Perusahaan melalui Rapat
(a) meninjau kerangka kerja manajemen risiko Dewan Komisaris yang mengundang Direksi, Rapat Komite Manajemen Risiko dengan
Perusahaan paling sedikit setiap tahun untuk Direksi maupun Pejabat satu level di bawah Direksi, yang didokumentasikan dalam
memenuhi persyaratan yang disampaikan secara Risalah Rapat. Hal tersebut sesuai dengan yang diatur di dalam dokumen yang dapat
terus menerus; dan diakses melalui website Perusahaan yaitu tentang Corporate Governance Policy dan
(b) mengungkapkan, terkait dengan masing-masing Pedoman Kerja Komite Manajemen Risiko.
periode pelaporan, apakah tinjauan tersebut telah (b) Terdapat pengungkapan aktivitas “review atas informasi risiko dan manajemen
dilakukan. perusahaan dalam laporan-laporan yang akan dipublikasi” hal ini diungkapkan di dalam
Laporan Tahunan 2019 ini pada bagian “Pelaksanaan Tugas Komite Manajemen Risiko”.
The board or a committee of the board should: Fully Comply

(1) review the entity’s risk management framework at (a) The Board of Commissioners reviews the Company’s risk management framework
least annually to satisfy itself that it continues to through a Board of Commissioners Meeting that invites the Board of Directors, Risk
be sound and that the entity is operating with due Management Committee Meetings with the Board of Directors and Officials one level
regard to the risk appetite set by the board; and below the Board of Directors, which is documented in the Minutes of Meeting. This
(2) disclose, in relation to each reporting period, is disclosed in the documents that can be accessed in Company’s Website, which are
whether such a review has taken place. Corporate Governance Policy and Charter of Risk Management Committee.
(b) There is disclosure of activities “review of risk information and company management in
the reports to be published” This is disclosed in this Annual Report 2019 in the section of
the Risk Management Committee’s Duties.
7.3 Perusahaan Tercatat harus mengungkapkan: Seluruhnya Terpenuhi
(a) jika memiliki fungsi Audit Internal, mengungkapkan (a) Perusahaan telah mengungkapkan struktur fungsi Audit Internal dan juga telah
bagaimana fungsi tersebut disusun dan peran apa mengungkapkan peran dan tanggung jawab dari fungsi Audit Internal yang
yang dilakukan; atau diungkapkan di dalam:
(b) jika tidak memiliki fungsi Audit Internal, (1) Laporan Tahunan 2019 ini pada bagian Audit Internal.
mengungkapkan fakta dan proses yang digunakan (2) Dokumen yang dapat diakses dari website Perusahaan yaitu Piagam Internal Audit.
untuk mengevaluasi dan secara terus menerus (b) N/A
meningkatkan efektivitas risiko manajemen dan
proses pengendalian internal.
A listed entity should disclose: Fully Comply

(a) if it has an internal audit function, how the function (a) The company has disclosed the structure of the functions of Internal Audit and also
is structured and what role it performs; or disclosed of the roles and responsibilities of the Internal Audit function in:
(b) if it does not have an internal audit function, that (1) This Annual Report 2019 in the section Audit Internal
fact and the processes it employs for evaluating (2) Documents that can be accessed in Company’s Website which is Charter of Internal
and continually improving the effectiveness of its Audit
governance, risk management and internal control (b) N/A
processes.
No
7.4 Perusahaan Tercatat harus mengungkapkan apakah Seluruhnya Terpenuhi
Perusahaan memiliki eksposur yang material, ANTAM telah mengungkapkan informasi mengenai eksposur yang material, lingkungan
lingkungan dan sosial yang material dan, jika tidak, dan sosial yang material dan, bagaimana Perusahaan mengelola risiko tersebut yang
bagaimana mengelola atau berniat untuk mengelola diungkapkan di dalam:
risiko tersebut. • Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-
bagian “Manajemen Risiko”)
• Laporan Berkelanjutan 2019
A listed entity should disclose whether it has any Fully Comply

material exposure to environmental or social risks and, ANTAM has disclosed information regarding material exposures, material environmental and
if it does not, how it manages or intends to manage social issues, and how the Company manages those risks which are disclosed in:
those risks. • This Annual Report 2019 in the section of Report of the Board of Commissioners
• Sustainability Report 2019
Prinsip 8: Pemberian Remunerasi yang Wajar dan Bertanggung Jawab
Principle 8: Granting Reasonable and Responsible Remuneration
8.1 Dewan Komisaris harus: Seluruhnya Terpenuhi
(a) Memiliki Komite Remunerasi dengan setidaknya: (a) ANTAM telah memiliki komite remunerasi yang disebut Komite GCG-NR yang mana
(1) Terdiri atas tiga orang anggota, mayoritas dari terdiri dari 4 orang dengan 1 di antaranya merupakan ketua dari Komite GCG-NR yang
mereka adalah Komisaris Independen; merupakan Komisaris Utama yang memenuhi kriteria independen ASX, 1 di antaranya
(2) Dipimpin oleh Komisaris Independen, serta merupakan Komisaris Independen dan 2 di antaranya merupakan Anggota Independen,
mengungkapkan; sebagaimana diungkapkan di dalam:
• Piagam Komite; (1) Laporan Tahunan 2019 ini pada bagian “Tata Kelola Perusahaan” (mengacu kepada
• Anggota Komite; dan sub-bagian “Komite GCG Nominasi dan Remunerasi”)
• Laporan dari jumlah rapat pada setiap akhir (2) Informasi yang dapat diakses di website Perusahaan yaitu tentang anggota Komite
periode, termasuk kehadiran dari para GCG-NR
anggota. ANTAM telah melakukan pengungkapan untuk Pedoman kerja, anggota dari Komite dan
(b) Jika tidak memiliki Komite Remunerasi, Perusahaan jumlah pertemuan Komite dan jumlah kehadiran individu pada pertemuan tersebut.
harus mengungkapkan fakta dan mengungkapkan Hal ini diungkapkan dalam:
proses terkait dengan penetapan level dan komposisi (1) Laporan Tahunan 2019 ini pada bagian Komite GCG-NR
remunerasi dari Direktur dan Senior Eksekutif dan (2) Informasi yang dapat diakses di website Perusahaan yaitu tentang anggota Komite
memastikan bahwa level remunerasi tersebut sesuai GCG-NR dan Pedoman Kerja Komite GCG-NR
dan tidak berlebihan. (b) N/A

(a) have a remuneration committee which: (a) ANTAM has a remuneration committee called GCG-NR Committee which consists
(1) has at least three members, a majority of whom Consist of 4 people with 1 of them is the chair of the GCG-NR Committee which is the
are Independent Commissioner; and President Commissioner who has met the ASX independence criteria, 1 of them being
(2) is chaired by an Independent Commissioner, and Independent Commissioners and 2 of them being Independent Members. As disclosed
disclose: in:
• the charter of the committee; This Annual Report 2019 in the “Corporate Governance” section (refer to sub-section
• the members of the committee; and “GCG Nomination and Remuneration Committee”)
• as at the end of each reporting period, ANTAM has disclosed the charter of the committee, members of the committee and the
the number of times the committee met number of committee meetings and the number of individual attendance at the meeting.
throughout the period and the individual This is disclosed in:
attendances of the members at those (1) This Annual Report 2019 in the GCG-NR Committee section
meetings; or (2) This Information that can be accessed on the Company's website is about members of
(b) if it does not have a remuneration committee, the GCG-NR Committee and the charter of GCG-NR Committee
disclose that fact and the processes it employs for (b) N/A
setting the level and composition of remuneration
for directors and senior executives and ensuring that
such remuneration is appropriate and not excessive.
8.2 Perusahaan Tercatat harus secara terpisah Seluruhnya Terpenuhi
mengungkapkan kebijakan dan praktik mengenai ANTAM telah memiliki kebijakan dan indikator penetapan remunerasi Direksi dan Dewan
remunerasi dari Dewan Komisaris dan remunerasi dari Komisaris, struktur remunerasi, dan praktik remunerasi Direksi dan Dewan Komisaris. Hal
Direksi dan Senior Eksekutif lainnya. ini diungkapkan di dalam Laporan Tahunan 2019 ini pada bagian Remunerasi Direksi dan
Dewan Komisaris.
A listed entity should separately disclose its policies and Fully Comply
practices regarding the remuneration of the Board of ANTAM has policies and indicators for determining the remuneration of the Directors and
Commissioners and the remuneration of the Board of the Board of Commissioners, the remuneration structure, and the remuneration practices of
Directors and other senior executives. the Directors and the Board of Commissioners. The policy and practice are disclosed in this
Annual Report 2019 in the section Remuneration for Directors and Board of Commissioners.
No
8.3 Perusahaan Tercatat yang memiliki skema remunerasi Seluruhnya Terpenuhi
berbasis ekuitas harus: (a) ANTAM telah memiliki Kebijakan Perdagangan Efek Berbentuk Saham Perusahaan
(a) memiliki kebijakan yang mengatur apakah peserta berdasarkan Keputusan Direksi Nomor 242.K/02/DAT/2013.
diizinkan untuk melakukan transaksi (baik melalui (b) ANTAM telah mengungkapkan ringkasan kebijakan ini di dalam Laporan Tahunan 2019
penggunaan derivative atau sebaliknya) yang bagian "Pencegahan Transaksi Orang Dalam"
membatasi risiko ekonomi dari kepesertaan dalam
skema; dan
(b) mengungkapkan kebijakan tersebut atau
ringkasannya.
A listed entity which has an equity-based remuneration Fully Comply

scheme should: (a) ANTAM has set out the Company Securities Trading Policy based on the Board of
(a) have a policy on whether participants are permitted Directors Decree Number 242.K/02/DAT/2013
to enter into transactions (whether through the use (b) ANTAM has disclosed this policy in this Annual Report 2019 in the section “Insider
of derivatives or otherwise) which limit the economic Trading Prevention”
risk of participating in the scheme; and
(b) disclose that policy or a summary of it.
Rekomendasi Tambahan yang Diaplikasikan dalam Kondisi Khusus
Additional Recommendations that Apply Only in Certain Cases
9.1 Perusahaan Tercatat yang memiliki anggota Dewan Seluruhnya Terpenuhi
Komisaris atau anggota Direksi yang tidak berbicara Rekomendasi ini tidak dapat diaplikasikan di ANTAM karena ANTAM tidak memiliki anggota
dalam Bahasa dimana Rapat Direksi/Dewan Komisaris/ Dewan Komisaris atau anggota Direksi yang berbicara selain Bahasa Indonesia.
Gabungan/RUPS dilaksanakan atau Bahasa yang
digunakan dalam penulisan dokumen-dokumen utama
harus mengungkapkan proses yang telah ada untuk
memastikan anggota Dewan Komisaris atau anggota
Direksi tersebut mengerti dan dapat berkontribusi dalam
diskusi pada pertemuan tersebut dan memahami serta
dapat melaksanakan kewajibannya terkait dengan
dokumen-dokumen tersebut.
A listed entity with the Board who does not speak the Fully Comply
language in which board or security holder meetings This recommendation is not applicable for ANTAM since there is no member of the Board
are held or key corporate documents are written should of Commissioner nor member of the Board of Director that speak in language other than
disclose the processes it has in place to ensure the Board Bahasa.
understands and can contribute to the discussions at
those meetings and understands and can discharge their
obligations in relation to those documents.
9.2 Perusahaan Tercatat yang didirikan di luar Australia Seluruhnya Terpenuhi
harus memastikan bahwa RUPS dilaksanakan pada Waktu dan tempat pelaksanaan RUPS telah diungkapkan di dalam:
tempat dan waktu yang memadai. • Laporan Tahunan 2019 ini pada bagian Tata Kelola Perusahaan (mengacu pada sub-
bagian “Penyelenggaraan RUPS Tahunan Tahun Buku 2018” dan “Penyelenggaraan
RUPS Luar Biasa Tahun 2019”).
• Dokumen yang dapat diakses di website perusahaan yaitu Pemanggilan RUPST Tahun
Buku 2018, Ringkasan Risalah RUPST Tahun Buku 2018, Pemanggilan RUPSLB 2019, dan
Ringkasan Risalah RUPSLB 2019.
Adapun waktu dan tempat pelaksanaan RUPS telah sesuai dengan aturan di Anggaran
Dasar Perusahaan (mengacu pada Pasal 23 ayat 2). Dokumen Anggaran Dasar
Perusahaan dapat diakses di website Perusahaan.
A listed entity established outside Australia should Fully Comply

ensure that General Meeting of Shareholders (GMOS) The time and place of the GMOS was disclosed in:
are held at a reasonable place and time. • This 2019 Annual Report is in the Corporate Governance section (refer to the sub-
sections " Annual GMOS Implementation for Fiscal Year 2018" and " Extraordinary
GMOS Implementation for 2019").
• Documents that can be accessed on the company's website which are Notice of the 2018
Annual GMOS, Summary of the Minutes of the 2018 Annual GMOS, Notice to the 2019
Extraordinary GMOS, and the Summary of Minutes of the 2019 Extraordinary GMOS.
The time and place of the GMOS has been in accordance with the rules in the
Company's Articles of Association (referring to Article 23 paragraph 2). The Company's
Articles of Association can be accessed on the Company's website.
9.3 Perusahaan Tercatat yang didirikan diluar Australia, Seluruhnya Terpenuhi
dan Perusahaan Tercatat yang dikelola secara eksternal Auditor Eksternal hadir di dalam RUPST Tahun Buku 2018 tanggal 24 April 2019
yang menjalankan RUPST, harus memastikan bahwa sebagaimana yang diungkapkan di dalam Laporan Tahunan 2019 ini pada bagian Tata
Auditor Eksternal menghadiri RUPST dan bersedia untuk Kelola Perusahaan (mengacu kepada Penyelenggaraan RUPS Tahunan Tahun Buku 2018)
menjawab pertanyaan dari Pemegang Saham yang
relevan dengan audit.
A listed entity established outside Australia, and an Fully Comply

externally managed listed entity that has an Annual External auditors were present at the Annual GMOS for Fiscal Year 2018 on April 24, 2019
GMOS, should ensure that its external auditor attends as disclosed in this 2019 Annual Report in the Corporate Governance section (referring to
its Annual GMOS and is available to answer questions the Annual GMOS Implementation for Financial Year 2018)
from shareholders holders relevant to the audit.
Penilaian ASEAN Corporate Governance Assessment of ASEAN Corporate Governance

Scorecard Scorecard
ANTAM berkomitmen untuk terus berupaya meningkatkan ANTAM is committed to keep improving implementation of
penerapan praktik tata kelola perusahaan ke tingkat yang lebih corporate governance practices to a higher level by applying the
tinggi dengan menerapkan ASEAN Corporate Governance ASEAN Corporate Governance Scorecard (ACGS) since 2012.
Scorecard (ACGS) sejak tahun 2012.
Penilaian atas penerapan ACGS di ANTAM dilakukan oleh PT The assessment of the implementation of ACGS in ANTAM is
RSM Indonesia Konsultan (RSM Indonesia). Penilaian didasarkan carried out by PT RSM Indonesia Konsultan (RSM Indonesia).
pada informasi publik, terutama pada laporan tahunan serta The assessment is based on public information, especially on the
situs Perusahaan. Tingkat penerapan ACGS adalah 85,71% company’s annual report and website. Adoption rate of ACGS is
dengan peringkat Sangat Baik. Secara umum gambaran 85,71% with rating of Very Good. In general, the description of
penerapan kriteria ACGS pada ANTAM pada tahun 2019 adalah the application of ACGS criteria to ANTAM in 2019 is as follows:
sebagai berikut:
Standar Minimum yang Diharapkan

Level 1
Expected Minimum Standard
Aspek Review Pemenuhan
Item N/A
Review Aspects Fulfillment
Hak-Hak Pemegang Saham 21 1 17 85%
Right of Shareholder
Perlakuan Setara terhadap Pemegang Saham 15 1 10 71%
Equitable Treatment of Shareholders
Peran Pemangku Kepentingan 13 - 12 92%
Role of Stakeholders
Pengungkapan dan Transparansi 32 - 31 97%
Disclosure and Transparency
Tanggung Jawab Dewan Komisaris 65 - 55 85%
Responsibility of the Board
Total 146 2 125 87%
Melebihi Standar Minimum

Level 2 – Item Bonus Bonus Items
Beyond Minimum Standard
Aspek Review Pemenuhan
Item
Review Aspects Fulfillment
Hak-Hak Pemegang Saham 1 0 0%
Perlakuan Setara terhadap Pemegang Saham 1 0 0%
Peran Pemangku Kepentingan 1 1 100%
Pengungkapan dan Transparansi 2 1 50%
Tanggung Jawab Dewan Komisaris 8 4 50%
Total 13 6 46%
Di bawah Standar Minimum

Level 2 – Item Penalti Penalty Items
Below Minimum Standard
Aspek Review Temuan
Item
Review Aspects Issue
Hak-Hak Pemegang Saham 8 0 0%
Perlakuan Setara terhadap Pemegang Saham 3 0 0%
Peran Pemangku Kepentingan 2 0 0%
Pengungkapan dan Transparansi 4 0 0%
Tanggung Jawab Dewan Komisaris 8 0 0%
Total 25 0 0%
Penerapan
Prinsip & Rekomendasi Adoption Keterangan
No.
Principles & Recommendation Penuh Sebagian Descriptions
Full Partial
A. Hak-hak Pemegang Saham Rights of Shareholders
1 Hak-hak Dasar Pemegang Saham √ -
Basic Righs of Shareholders
2 Hak untuk berpartisipasi dalam keputusan yang terkait √ -
dengan perubahan mendasar dalam Perusahaan
Right to participate in decisions relating to fundamental
changes in the Company
3 Hak untuk berpartisipasi secara efektif dalam memberikan √ 1. ANTAM memiliki Pemegang Saham Pengendali dan Non
suara dalam RUPS dan memperoleh informasi mengenai Pengendali yang berpartisipasi dan memberikan suara
aturan-aturan termasuk prosedur pemungutan suara yang dalam RUPS. Namun Pemegang Saham Non Pengendali
berlaku dalam RUPS. tidak dapat mencalonkan anggota Dewan Komisaris/
Direksi Perusahaan.
2. Pemilihan/pengambilan suara pemilihan anggota Dewan
Komisaris dan anggota Direksi selama tahun 2019 tidak
dilakukan per individu calon anggota.
3. Ringkasan Risalah RUPST Tahun Buku 2018 tidak
dipublikasikan dalam waktu 1 (satu) hari kerja setelah
RUPST dilakukan.
Right to participate effectively in the vote casting in GMOS 1. ANTAM has Controlling and Non-Controlling
and obtain information of the rules, including voting Shareholders who participated and cast their votes in
procedures applicable in GMOS. the GMOS. However, the Non-Controlling Shareholders
are not allowed to nominate member of the Board of
Commissioners/the Board of Directors of the company.
2. Election/voting for the election of members of the Board
of Commissioners and members of the Board of Directors
during 2019 is not conducted per individual candidate.
3. Summary of the Minutes of AGMS for Fiscal Year 2018 is
not published within 1 (one) working day after the AGM is
conducted.
4 Pasar untuk mengontrol Perusahaan agar efisien dan √ -
transparan.
Markets for controlling the Company to function in an
efficient and transparent manner.
5 Pelaksanaan hak kepemilikan oleh semua pemegang saham, √ -
termasuk investor institusi, harus difasilitasi.
The exercise of ownership rights by all shareholders, including
institutional investors, should be facilitated.
Penerapan
No.
Full Partial
B. Perlakuan Setara terhadap Para Pemegang Saham Equal Treatment for the Shareholders
1 Kepemilikan saham dan hak suara √ -
Shareownership and voting rights
2 Pemberitahuan RUPS/Sirkuler √ 1. Profil calon anggota Direksi dan Dewan Komisaris yang
akan diangkat di dalam RUPS tidak diungkapkan pada
Pemanggilan RUPS.
2. Informasi nama Kantor Akuntan Publik yang akan ditunjuk
dalam RUPS belum diungkapkan.
Notice of GMOS/Circular 1. The profiles of Board of Directors and Board of
Commissioners in seeking election was not disclosed on
the Notice of GMOS.
2. Information on the Public Accounting Firm which will be
appointed in GMOS was not disclosed on the Notice of
GMOS.
3 Larangan insider trading dan penyalahgunaan transaksi √ -
pribadi
Insider trading and personal transaction misuse
4 Transaksi Pihak Terkait oleh Direksi dan Eksekutif Utama √ Perusahaan tidak memiliki kebijakan yang mengharuskan
Komite atau Komisaris Independen untuk menilai apakah
transaksi pihak terkait yang material telah sesuai dengan
kepentingan perusahaan dan pemegang saham atau belum.
Related-party transactions by the Board of Directors and key The company does not have a policy that require Committee
executives of Commissioners to review material RPTs to determine
whether they are in the best interests of the company and
shareholders.
5 Melindungi Pemegang Saham Minoritas dari tindakan √ Tidak terdapat pengungkapan terkait praktik RPT yang
sewenang-wenang dilakukan secara adil dan arm’s length basis.
Protecting Minority Shareholders from arbitrarily actions There is no disclosure about RPT's are conducted in such a
way to ensure that they are fair and at arm's length.
C. Peran Para Pemangku Kepentingan Role of Stakeholders
1 Menghargai hak-hak para pemangku kepentingan yang telah √ -
ditetapkan oleh hukum dan perundang-undangan.
Respect the rights of stakeholders as stipulated by the laws
and regulations.
2 Kesempatan mendapatkan ganti rugi atas pelanggaran oleh √ -
Perusahaan terhadap hak para pemangku kepentingan yang
diatur oleh hukum.
The opportunity to get compensation for the infringement
committed by Company against the stakeholders’s rights as
specified by law.
3 Mekanisme bagi peningkatan kinerja, pengembangan, dan √ Tidak terdapat pengungkapan atas kebijakan kompensasi
partisipasi karyawan dalam Perusahaan jangka panjang.
The mechanisms for improving the performance, There is no disclosure about long-term incentive.
development and employee participation in the Company
4 Terdapat kebebasan bagi para pemangku kepentingan √ -
termasuk karyawan Perusahaan untuk mengkomunikasikan
adanya praktik pelanggaran hukum dan tindakan tidak etis
dalam Perusahaan dan mendapatkan perlindungan atas
tindakan tersebut.
Availability of a freedom for the Stakeholders including the
Company’s employees in communicating the occurrence of
violation of law and unethical behavior in the Company and
obtaining protection against such action.
D. Pengungkapan dan Transparansi Disclosure and Transparency
1 Transparansi Struktur Kepemilikan √
Transparent Ownership Structure
2 Kualitas Laporan Tahunan √
Quality of Annual Report
3 Pengungkapan Transaksi Pihak Terkait √ Perusahaan belum mengungkapkan kebijakan yang
mencakup peninjauan dan persetujuan transaksi pihak terkait
yang bersifat material
Disclosure of related-party transactions (RPT) The company has not disclosed its policy covering the review
and approval of material RPTs.
4 Direksi dan Dewan Komisaris melakukan transaksi saham √ -
The Board of Directors and the Board of Commissioners
conduct transaction of the Company’s shares
5 Laporan Audit dan Eksternal Auditor √ -
External auditor and auditor report
Penerapan
No.
Full Partial
6 Media Komunikasi √ -
Communication Media
7 Penyampaian Laporan Tahunan/Keuangan secara tepat waktu √ -
Timely submission of Annual Report/Financial Statements
8 Situs Perusahaan √ -
Company Website
9 Hubungan Investor √ -
Investor Relations
E. Tanggung Jawab Dewan Responsibilities of the Board
1 Tugas dan Tanggung Jawab Dewan √
Duties and Responsibilities of the Board
2 Struktur Dewan √ Jumlah anggota Komisaris Independen kurang dari 50% dari
komposisi keanggotaan Dewan Komisaris dan Komite GCG –
NR tidak diketuai oleh Komisaris Independen. Namun apabila
Komisaris Utama bukan komisaris independen maka dapat
ditunjuk lead independent commissioner
Selain itu, Komisaris Independen yang menjabat sebagai
Komite Audit tidak memiliki latar belakang Pendidikan dan
pengalaman kerja di bidang akuntansi dan audit.
Board Structure The number of the Independent Commissioners are less than
50% from the composition of the Board of Commissioners
and the Chairman of the GCG – NR Committee is not an
Independent Commissioner. Moreover, the Independent
Commissioner who serves on the Audit Committee does not
have an educational background and work experience in
accounting and auditing.
3 Proses Dewan √ 1. Tidak semua anggota Direksi dan Dewan Komisaris
menghadiri setidaknya 75% dari seluruh rapat Dewan
yang diadakan pada tahun tersebut.
2. Kebijakan terkait kuorum kehadiran dan minimum waktu
penyediaan bahan Rapat Dewan Komisaris dan/atau
Direksi tidak sesuai dengan ketentuan ACGS.
3. Tidak terdapat informasi tentang standar yang dapat
diukur untuk menyelaraskan remunerasi berbasis kinerja
dari Direktur Eksekutif dan Senior Manajemen untuk
jangka panjang
Board Process 1. Not all members of Board of Directors and Board of
Commissioners attended at least 75% of all the Board
Meetings held during the year.
2. Policies related to the attendance quorum and the
minimum time to provide materials for the Meeting of
the Board of Commissioners and/or Directors are not in
accordance with the provisions of the ACGS.
3. There is no information about measurable standards
to align the performance-based remuneration of the
Executive Directors and Senior with long-term interest.
4 Anggota Dewan √ Komisaris Utama bukan merupakan Komisaris Independen.
Selain itu, tidak terdapat informasi terkait penunjukan dari
Pemimpin/Direktur Independen Senior
People on the Board The President Commissioners of the company is not an

Independent Commissioner. Moreover, there is no statement
related to appointment of Lead/Senior Independent
Commissioner.
5 Kinerja Dewan √ -
Board Performance
ANTAM senantiasa mengupayakan keseimbangan kinerja
ekonomi, sosial dan lingkungan untuk memastikan
keberlanjutan Perusahaan, sekaligus keberlanjutan masyarakat
sekitar serta kelestarian lingkungan hidup.
ANTAM always strives to balance economic, social and environmental performance to
ensure the sustainability of the Company, as well as the sustainability of the community and
environmental sustainability.
2019
REPORT
LAPORAN TAHUNAN
Tanggung
Jawab Sosial
Perusahaan
Corporate Social Responsibility
610 Prosperity-Kinerja Operasional Untuk 618 Tanggung Jawab Sosial Perusahaan

Keberlanjutan Manfaat Ekonomi yang Terkait Lingkungan Hidup
Optimal Corporate Social Responsibility Related
Prosperity-Operational Performance for To Environment
Sustainability of Optimal Economic
Benefits 624 Tanggung Jawab Sosial Terkait
Praktik Ketenagakerjaan dan K3
610 People-Mendorong Insan ANTAM Implementation of Social
untuk Berkembang Responsibilities Related to Manpower
People-Encouraging ANTAM Employee & OHS
to Develop
629 Tanggung Jawab Sosial Perusahaan
611 Planet-Komitmen Menjaga Terhadap Konsumen
Lingkungan untuk Masa Depan Implementation of Social Responsibility
Planet-Commitment in Keeping the to Consumers
Environment for The Future
631 Tanggung Jawab Sosial Perusahaan
612 Partnership-Kerja Sama Saling Terkait Pengembangan Sosial &
Menguntungkan Kemasyarakatan
Partnership-Collaborative Cooperation Implementation of Corporate Social
Responsibilities Related to Social &
612 Prudence-Mewujudkan Tata Kelola Community Development
Perusahaan yang Baik
Prudence-Realize a Good Corporate
Governance
Program Pemberdayaan Masyarakat di Maluku Utara

Community Empowerment Activity in North Maluku
Tanggung Jawab Sosial

Perusahaan
Kegiatan Mitra Binaan ANTAM di UBP Bauksit Kalimantan Barat

ANTAM’s Foster Partner Activities in West Kalimantan Bauxite Mining Business Unit
Sebagai warga korporasi yang

Rp
Miliar|Billion
142
baik (good corporate citizen),
ANTAM percaya bahwa
Alokasi Dana CSR 2019
CSR Allocation fund 2019
keberlangsungan usaha juga

bergantung pada hubungan dengan
pemangku kepentingan dan lingkungan
sekitar.
As a good corporate citizen, ANTAM believes that

business continuity also depends on relationships
with stakeholders and the surrounding environment.
Sebagai perusahaan berbasis sumber daya alam dan sebagai As a natural resource based company and as part of Mining
bagian dari Holding Industri Pertambangan ANTAM memiliki Industry Holding, ANTAM has a great responsibility and was given
tanggung jawab besar dan mengemban amanat untuk a mandate to ensure that the various mineral resources that are
memastikan agar berbagai sumber daya mineral yang dikelola managed can provide sustainable benefits for all stakeholders
dapat memberikan manfaat yang berkelanjutan bagi seluruh and the broader Indonesian community, both today and in
pemangku kepentingan dan masyarakat Indonesia secara future. This mandate is the main spirit that underpins ANTAM’s
luas, baik hari ini maupun pada masa yang akan datang. duties, hopes and implementation of social and environmental
Amanat inilah yang menjadi semangat utama yang melandasi responsibility.
tugas, harapan, dan pelaksanaan tanggung jawab sosial dan
lingkungan ANTAM.
Untuk itu, ANTAM senantiasa mengupayakan keseimbangan For this reason, ANTAM always strives to balance economic, social
kinerja ekonomi, sosial dan lingkungan untuk memastikan and environmental performance to ensure the sustainability
keberlanjutan Perusahaan, sekaligus keberlanjutan masyarakat of the Company, as well as the sustainability of surrounding
sekitar dan pelestarian lingkungan hidup. Upaya-upaya tersebut communities and environmental sustainability. These efforts
telah membawa ANTAM menjadi sebuah organisasi yang have brought ANTAM into an organization that carries out social
menjalankan tanggung jawab sosial dengan baik. responsibility well.
Dalam pelaksanaan, penyusunan berbagai strategi, pendekatan, In the implementation, preparation of various strategies,
desain program, serta monitoring dan evaluasi pelaksanaan approaches, program design, as well as monitoring and
tanggung jawab sosial dan lingkungan, ANTAM mengacu evaluation of the implementation of social and environmental
pada standar internasional pelaksanaan Tanggung Jawab Sosial responsibility, ANTAM refers to the international standards for
dan Lingkungan (TJSL) atau CSR SNI ISO 26000, serta turut the implementation of Social and Environmental Responsibility
menjunjung tinggi prinsip-prinsip: or CSR ISO 26000, and also upholds the principles as follows:
1. Akuntabilitas; 1. Accountability;
2. Transparansi; 2. Transparency;
3. Etika dan integritas; 3. Ethics and integrity;
4. Pelibatan pemangku kepentingan; 4. Stakeholder involvement;
5. Kepatuhan terhadap hukum, perundang-undangan; 5. Compliance with laws and regulations;
6. Menghormati norma-norma internasional; dan 6. Respect international norms; and
7. Menghormati dan melindungi hak asasi manusia (HAM). 7. Respect and protect human rights.
Pembinaan Usaha Peternakan Ayam Pedaging di Wilayah UBP Emas

Fostering Broiler Business in Gold Mining Business Unit Region
Tanggung Jawab Sosial Perusahaan

Sebagai perwujudan prinsip-prinsip tersebut dan sesuai dengan As an embodiment of these principles and in accordance with Law
Undang-Undang Nomor 19 Tahun 2003 tentang Badan Usaha Number 19 Year 2003 concerning State-Owned Enterprises, Law
Milik Negara, Undang-Undang Nomor 40 Tahun 2007 tentang Number 40 Year 2007 concerning Limited Liability Companies,
Perseroan Terbatas, Peraturan Menteri Badan Usaha Milik Negara Regulation of the Minister of State-Owned Enterprises
Nomor PER-09/MBU/07/2015 tentang Program Kemitraan dan Number PER-09/MBU/07/2015 concerning the Partnership and
Program Bina Lingkungan Badan Usaha Milik Negara jo PER-02/ Community Stewardship Program of State-Owned Enterprises
MBU/7/2017 tentang Perubahan Kedua Atas Peraturan Menteri In conjunction with PER-02/MBU/7/2017 concerning the Second
Badan Usaha Milik Negara Nomor PER-09/MBU/07/2015 tentang Amendment to the Regulation of the Minister of State-Owned
Program Kemitraan dan Program Bina Lingkungan Badan Usaha Enterprises Number PER-09/MBU/07/2015 regarding the
Milik Negara, ANTAM menerbitkan Laporan Keberlanjutan dan Partnership Program and the Community-Owned Enterprise
Laporan Program Kemitraan dan Bina Lingkungan (PKBL) dalam Environmental Development Program, ANTAM published the
laporan tersendiri namun menjadi bagian yang tak terpisahkan Sustainability Report and the Partnership and Community
dari Laporan Tahunan ini. Development Program Report in a separate report but became
an inseparable part of this Annual Report.
Kedua laporan tersebut memuat informasi komprehensif dan Both reports contain comprehensive and in-depth information
mendalam mengenai berbagai strategi, program, pencapaian, about various strategies, programs, achievements, challenges
tantangan, dan evaluasi terkait tanggung jawab sosial dan and evaluations related to social and environmental responsibility
lingkungan yang dilaksanakan oleh Perusahaan. Paparan carried out by the Company. The presentation in the Social
dalam bab Tanggung Jawab Sosial dalam Laporan Tahunan ini Responsibility chapter in this Annual Report is an overview of
merupakan ikhtisar dari kedua laporan tersebut. those two reports.
Tata Kelola Tanggung Jawab Sosial Corporate Social Responsibility

Perusahaan Governance
ANTAM melaksanakan program dan kegiatan tanggung ANTAM conducts programs and activities of social and
jawab sosial dan lingkungan secara konsisten dalam rangka environmental responsibility consistently in order to ensure
memastikan bahwa keberadaan ANTAM dapat memberikan that ANTAM’s presence can provide sustainable benefits for
manfaat berkelanjutan bagi para pemangku kepentingan dan stakeholders and society of Indonesia at large, both today and
masyarakat Indonesia secara luas, baik hari ini maupun pada in the future.
masa yang akan datang.
Komitmen dan Strategi Commitment and Strategy

ANTAM berkomitmen agar setiap kegiatan eksplorasi, ANTAM is committed that every exploration, development
pengembangan dan operasional yang dilakukan dapat and operational activity carried out can bring progress to the
membawa kemajuan bagi masyarakat dan lingkungan sekitar. community and the surrounding environment. Therefore,
Oleh karenanya, ANTAM senantiasa mengedepankan praktik- ANTAM always prioritizes best practices, social justice and
Kegiatan CSR ANTAM melakukan penanaman tanaman holtikultura oleh Kelompok Tani
yang melibatkan masyarakat sekitar wilayah operasi UBP Bauksit Kalimantan Barat
ANTAM’s CSR activities plant horticultural crops by Farmer Groups involving communities around
the West Kalimantan Bauxite Mining Business Unit
praktik yang baik, keadilan sosial dan keadilan lingkungan yang environmental justice in accordance with applicable laws
sesuai dengan hukum dan norma yang berlaku, dalam upayanya and norms, in its efforts to realize regional autonomy by
mewujudkan kemandirian wilayah dengan menguatkan potensi strengthening the potential of local communities in line with the
masyarakat lokal sejalan dengan agenda pembangunan Government’s development agenda.
Pemerintah.
Strategi Keberlanjutan ANTAM

ANTAM Sustainability Strategy
Bisnis, Pemangku Kepentingan dan Ekonomi yang Berkelanjutan

Sustainable Business, Stakeholders and Environment
Komitmen CSR Kami

Our CSR Commitment
Pengembangan Sumber Daya

Dampak Positif bagi Lingkungan Masyarakat Sejahtera & Mandiri
Manusia
Positive Impact on Environment Wealthy & Self-Governing Community
Human Resource Development
• Limbah Cair & Padat Effluent & • Dampak Ekonomi Tidak • Tenaga Kerja & Hubungan
Waste Langsung Indirect Economic Manajemen Labour &
• Keanekaragaman Hayati Impact Management Relations
Biodiversity • Masyarakat Lokal Local • Kesehatan & Keselamatan Kerja
• Energi Energy Communities Occupational Health & Safety
• Air Waste • Rencana Pascatambang Post-
• Lingkungan Environment mining Plan
Rencana Pascatambang Post-mining Plan
Kesiapan Tanggap Darurat Emergency Response Preparedness
Penambangan Rakyat & Penambangan Skala Kecil

Artisinal & Small-scale Mining
Kinerja Ekonomi Economic Performance
ANTAM telah merumuskan Strategi CSR (Corporate Social ANTAM has formulated Corporate Social Responsibility (CSR)
Responsibility) untuk menjalankan program-program strategy to carry out programs to improve the quality of life
peningkatan kualitas hidup masyarakat dan pengembangan of the community and community development towards
masyarakat menuju kemandirian wilayah. Strategi CSR ANTAM regional independence. ANTAM’s CSR strategy includes three
mencakup tiga komitmen yang terdiri dari Dampak Positif commitments consisting of Positive Impacts on the Environment,
Bagi Lingkungan, Masyarakat Sejahtera dan Mandiri, dan Prosperous and Autonomy Communities, and Human Resource
Pengembangan Sumber Daya Manusia. Development.
Strategi CSR tersebut kemudian diturunkan dalam bentuk The CSR strategy was then revealed in the form of ANTAM’s
Masterplan CSR ANTAM 2015-1019, yang disusun dengan 2015-1019 CSR Masterplan, which was compiled with the aim
tujuan agar program-program CSR yang dilaksanakan sesuai that the CSR programs carried out in accordance with ANTAM’s
dengan strategi dan tujuan ANTAM, yakni menuju kemandirian strategy and objectives, which is towards regional autonomy.
wilayah.

Masterplan CSR ANTAM 2015-2019 merupakan komitmen ANTAM’s 2015-2019 CSR Masterplan is ANTAM’s commitment
ANTAM terhadap pengembangan masyarakat yang disusun to community development which was formulated with the aim
dengan tujuan agar program-program CSR yang dilaksanakan that CSR programs carried out in accordance with ANTAM’s
sesuai dengan strategi dan tujuan ANTAM, yakni menuju strategy and objectives, namely towards regional autonomy.
kemandirian wilayah. Penyusunan Masterplan CSR ANTAM di The preparation of ANTAM’s CSR Masterplan in each of the
setiap unit-unit bisnis utama memiliki pendekatan yang berbeda main Business Units has a different approach depending on the
tergantung kondisi dan kebutuhan di bidang sosial, lingkungan, conditions and needs in the social, environmental and cultural
dan budaya masyarakat setempat. areas of the local community.
Pada proses penyusunan Masterplan CSR, ANTAM membagi In the process of preparing the CSR Masterplan, ANTAM
menjadi enam unit bisnis yang terdiri dari Kantor Pusat, UBP Nikel divided into six Business Units consisting of the Head Office,
Sulawesi Tenggara, UBP Nikel Maluku Utara, UBP Emas, UBPP Southeast Sulawesi Nickel Mining Business Unit, North Maluku
Logam Mulia, dan UBP Bauksit Kalimantan Barat. Masterplan Nickel Mining Business Unit, Gold Mining Business Unit,
CSR ANTAM dibagi lagi menjadi enam program strategis Precious Metals Processing and Refinery Business Unit and
yakni pendidikan, kesehatan, ekonomi lokal, sosial budaya, West Kalimantan Bauxite Mining Business Unit. ANTAM’s CSR
lingkungan, dan pengembangan kapasitas kelembagaan. masterplan is further divided into six strategic programs namely
Masterplan CSR di tingkat unit bisnis sejalan dengan Masterplan education, health, local economy, social culture, environment,
CSR di tingkat korporasi yang memaparkan mengenai strategi and institutional capacity building. The CSR plan at the business
Perusahaan untuk memenuhi kewajiban hukum terhadap unit level is in line with the CSR plan at the corporate level that
pemangku kepentingan. explains the Company’s strategy to meet legal obligations to
stakeholders.
Sejak tahun 2017, pencapaian Tujuan Pembangunan Since 2017, the achievement of Sustainable Development Goals
Berkelanjutan (Sustainable Development Goals/SDGs) pada (SDGs) in the ANTAM CSR Master Plan has been adjusted based
Masterplan CSR ANTAM sudah disesuaikan berdasarkan on Government Regulation Number 59/year 2017 regarding the
Peraturan Pemerintah Nomor 59/Tahun 2017 tentang Implementation of Achieving Sustainable Development Goals.
Pelaksanaan Pencapaian Tujuan Pembangunan Berkelanjutan. ANTAM is targeting that the final ANTAM CSR Masterplan
ANTAM menargetkan final Masterplan CSR ANTAM yang sudah that is in accordance with the SDGs will be implemented in
sesuai dengan SDGs ini akan diberlakukan pada Masterplan the 2020-2024 CSR Masterplan. The ANTAM CSR Master
CSR 2020-2024. Masterplan CSR ANTAM juga mengacu pada Plan also refers to the international standard for implementing
standar internasional pelaksanaan tanggung jawab sosial social responsibility, namely ISO 26000, especially in relation to
yaitu ISO 26000 terutama dalam kaitannya dengan pelibatan community engagement and development. The ultimate goal
dan pengembangan masyarakat. Tujuan akhirnya tidak lain is nothing but to provide maximum benefits and improve the
adalah untuk memberikan manfaat sebesar-besarnya dan welfare of the community.
meningkatkan kesejahteraan masyarakat.
Masterplan ANTAM 2015-2019

ANTAM Masterplan 2015-2019
Unit Bisnis Tujuan Kinerja
Program
Business Unit Goal Performance
UBP Nikel Sulawesi Meningkatkan Kondisi Sosial Meningkatkan Kualitas SDM di Bidang Ilmu Pengetahuan dan Pendidikan
Tenggara Ekonomi Masyarakat Teknologi Education
Southeast Sulawesi Increased of Community’s Social Increase of Human Resoures Quality in Science and Technology
Nickel Mining and Economic Condition
Business Unit Meningkatkan Kualitas Kesehatan Masyarakat Kesehatan
Improvement of Community’s Health Quality Health
Meningkatkan Ekonomi Masyarakat Berbasis Potensi Lokal Ekonomi Lokal
Improvement of Community Economy Based on Local Potential Local Economy
Meningkatkan Kelestarian Alam dan Lingkungan Lingkungan
Conserve the Nature and Environment Environment
Meningkatkan Tata Kelola Organisasi Penguatan Kapasitas
Increase Institutional Governance Kelembagaan
Strengthening
Institutional Capacity
Membangun Masyarakat Madani Sosial Budaya
Building Civil Society Socio-culture
Unit Bisnis Tujuan Kinerja

Program
Business Unit Goal Performance
UBP Nikel Maluku Peningkatan Kemandirian dan Meningkatkan Kualitas Sekolah Pendidikan
Utara Harmonisasi Masyarakat Maluku Improvement of School’s Quality Education
North Maluku Nickel Utara
Mining Business Unit Harmonious Relations with Meningkatkan Kualitas Kesehatan Masyarakat Kesehatan
The Community and Increased Improvement of Community’s Health Quality Health
of Livelihood Quality of the Meningkatkan Ekonomi Masyarakat Berbasis Potensi Lokal Ekonomi Lokal
Sorrounding Community of North Improvement of Community Economy Based on Local Potential Local Economy
Maluku
Membangun Masyarakat Berbudaya Sosial Budaya
Developing a Cultural Society Socio-culture
Peningkatan Kualitas Lembaga Penguatan Kapasitas
Increase of Institutional Quality Kelembagaan
Strengthening
UBP Emas Geoecoedutourism Meningkatnya Kualitas SDM di Bidang Ilmu Pengetahuan & Pendidikan
Gold Mining Teknologi Education
Business Unit Increase of Quality of Human Resources in Science and Technology
Meningkatkan Kualitas Kesehatan Masyarakat Kesehatan
Improvement of Community’s Health Quality Health
Meningkatkan Ekonomi Masyarakat Berbasis Potensi Lokal Ekonomi Lokal
Membangun Masyarakat Madani Sosial Budaya
Building a Civil Society Socio-culture
Menciptakan Lembaga Usaha Baru Penguatan Kapasitas
Creation of New Business Organization Kelembagaan
Strengthening
UBP Bauksit Hubungan yang Harmonis dengan Meningkatkan Kualitas Sekolah Pendidikan
Kalimantan Barat Masyarakat dan Meningkatnya Improvement of School’s Quality Education
West Kalimantan Kualitas Hidup Masyarakat Sekitar
Bauxite Mining Harmonious Relations with The Meningkatkan Kualitas Kesehatan Masyarakat Kesehatan
Business Unit Community and Increased of Improvement of Community’s Health Quality Health
Livelihood Quality of Surrounding Meningkatkan Ekonomi Masyarakat Berbasis Potensi Lokal Ekonomi Lokal
Community Improvement of Community Economy Based on Local Potential Local Economy
Penguatan Budaya Adat Sesuai Kaidah Aslinya Sosial Budaya
Strengthening Indigenous Culture Based on Its Origin Socio-culture
Menciptakan Lembaga Usaha Baru Penguatan Kapasitas
Creation of New Business Institution Kelembagaan
Strengthening
Kantor Pusat Peningkatan Kemandirian dan Meningkatkan Kualitas Sekolah Pendidikan
Head Office Harmonisasi Masyarakat Sekitar Improvement of School’s Quality Education
ANTAM
Increased Independence and Meningkatkan Kualitas Kesehatan Masyarakat Kesehatan
Harmonization of Communities Improvement of Community’s Health Quality Health
Around ANTAM Meningkatkan Ekonomi Masyarakat Berbasis Potensi Lokal Ekonomi Lokal
Membangun Masyarakat Berbudaya Sosial Budaya
Developing a Cultural Society Socio-culture
Improvement of Nature and Environment Environment
Peningkatan Kualitas Lembaga Penguatan Kapasitas
Improvement of Institutional’s Quality Kelembagaan
Strengthening

Dampak Sosial, Ekonomi, dan Lingkungan dari Social, Economic, and Environmental Impacts
Aktivitas Perusahaan from Company Activities
ANTAM berupaya untuk senantiasa mengelola dampak sosial, ANTAM strives to continuously manage the social, economic
ekonomi dan lingkungan dari aktivitasnya sebagai sebuah entitas and environmental impacts of its activities as a business entity,
bisnis, agar dapat terus memenuhi harapan, ataupun tuntutan in order to continue to meet the expectations, or demands of
dari para pemangku kepentingan ANTAM yang beragam. ANTAM’s diverse stakeholders. ANTAM has identified corporate
ANTAM telah mengidentifikasi kelompok-kelompok pemangku stakeholder groups, to carry out a process of stakeholder
kepentingan perusahaan, untuk kemudian melakukan proses engagement, mapping and managing issues of concern to
pelibatan pemangku kepentingan (Stakeholder engagement), Stakeholders, to formulating strategies and implementing
pemetaan dan pengelolaan isu yang menjadi perhatian programs based on the issues faced in the field and the needs of
pemangku kepentingan, hingga merumuskan strategi dan each Stakeholders.
melaksanakan program berdasarkan isu yang dihadapi di
lapangan dan kebutuhan dari masing-masing pemangku
kepentingan.
Pemangku kepentingan yang diidentifikasi dan telah terlibat Stakeholders that have been identified and have been involved
di berbagai program dan aktivitas TJSL Perusahaan sepanjang in various programs and activities of the Company’s corporate
tahun 2019 mencakup: social and environmental responsibility throughout 2019 include:
• Pemegang Saham; • Shareholders;
• Karyawan dan Serikat Pekerja; • Employees and Labor Unions;
• Pemerintah Pusat, Pemerintah Daerah, serta Anggota • Central Government, Regional Government, and related
Legislatif terkait; Legislative Members;
• Industri, Pelaku Usaha Pertambangan dan Asosiasi; • Industries, Mining Business Associations and Associations;
• Kontraktor dan mitra kerja; • Contractors and work partners;
• Pembeli/pelanggan; • Buyer/customer;
• Masyarakat setempat; • Local community;
• Media massa; • Mass media;
• Lembaga Swadaya Masyarakat; dan • Non-Governmental Organization; and
• Lembaga Pendidikan dan asosiasi industri. • Educational institutions and industry associations.
Melalui berbagai pelibatan dan interaksi ANTAM dengan Through various engagement and interaction of ANTAM with
para pemangku kepentingan tersebut, ANTAM merumuskan these stakeholders, ANTAM formulated a number of important
sejumlah topik dan isu penting (material) yang berpengaruh topics and issues (material) that have an impact on the assessment
terhadap penilaian dan pengambilan keputusan oleh pemangku and decision making by stakeholders, as well as having a
kepentingan, serta memiliki signifikasi terhadap dampak significant impact on ANTAM’s economic, environmental and
ekonomi, lingkungan, dan sosial ANTAM sepanjang tahun 2019, social impacts throughout 2019, as following:
sebagai berikut:
1. Kinerja Ekonomi; 1. Economic Performance;
2. Kesehatan & Keselamatan Kerja; 2. Health & Safety;
3. Cadangan & Eksplorasi; 3. Reserves & Exploration;
4. Hilirisasi; 4. Downstreaming;
5. Masyarakat Setempat; 5. Local Communities;
6. Reklamasi & Keanekaragaman Hayati; 6. Reclamation & Biodiversity;
7. Limbah & Efluen; 7. Waste & Effluents;
8. Ketenagakerjaan; 8. Employment;
9. Energi; 9. Energy;
10. Kepatuhan Lingkungan; 10. Environmental Compliance;
11. Pengelolaan Pasca Tambang; 11. Post Mining Management;
12. Emisi; dan 12. Emissions; and
13. Anti Korupsi. 13. Anti Corruption.
Informasi lebih lengkap dan rinci mengenai kelompok- More complete and detailed information about ANTAM’s
kelompok pemangku kepentingan ANTAM, metoda pelibatan stakeholder groups, the method of involvement used, and a
yang digunakan, serta daftar topik dan isu penting (material) list of important topics and issues (material) that influence the
yang berpengaruh terhadap penilaian dan pengambilan assessment and taking decisions by stakeholders, presented on
keputusan oleh pemangku kepentingan, disajikan pada Laporan ANTAM’s 2019 Sustainability Report.
Keberlanjutan 2019 ANTAM.
Community Satisfaction Index Community Satisfaction Index

Melalui survei Community Satisfaction Index (CSI), ANTAM Through the Community Satisfaction Index (CSI) survey, ANTAM
melakukan evaluasi kinerja program CSR agar ke depannya bisa evaluates the performance of CSR programs so that in the future
memberikan manfaat secara maksimal dan memberikan layanan it can provide maximum benefits and provide quality services for
yang berkualitas untuk para pemangku kepentingan. stakeholders.
Pengukuran nilai Indeks Kepuasan Masyarakat terhadap kinerja The measurement of the Community Satisfaction Index value on
CSR ini dilakukan pada bulan Desember 2019, dan dilakukan CSR performance was carried out in December 2019, and was
di wilayah operasi unit bisnis/unit seperti UBP Nikel Sulawesi carried out in the operational areas of business units/units such
Tenggara, UBP Nikel Maluku Utara, UBP Emas, UBPP Logam as Southeast Sulawesi Nickel Mining Busines Unit, North Maluku
Mulia, UBP Bauksit Kalimantan Barat, dan Kantor Pusat. Nickel Mining Business Unit, Gold Mining Business Unit, Precious
Metals Processing and Refinery Business Unit, West Kalimantan
Bauxite Mining Business Unit, and Head Office.
Nilai CSI program PPMB ANTAM mencapai 84,88 poin di The value of ANTAM’s CSI Sustainable Community Development
tahun 2019, dan masuk dalam predikat “PUAS”. Nilai tersebut Program reaches 84.88 points in 2019, and is included in the
mencerminkan peningkatan sebesar 4,21 poin jika dibandingkan title “SATISFIED”. This value reflects an increase of 4.21 points
skor CSI di tahun 2018. when compared to the CSI score in 2018.
Lingkup Tanggung Jawab Sosial Perusahaan Scope of Corporate Social Responsibility

Berdasarkan jenis kegiatan/program, lingkup tanggung jawab Based on the type of activity/program, the scope of ANTAM’s
sosial perusahaan ANTAM dapat dibagi sebagai berikut: corporate social responsibility can be divided as follows:
1. Program CSR yang disusun berdasarkan Undang-Undang 1. The CSR program compiled under Law Number 40 Year
Nomor 40 Tahun 2007 tanggal 16 Agustus 2007 tentang 2007 dated August 16, 2007 concerning Limited Liability
Perseroan Terbatas pasal 74 yang menyatakan bahwa Company article 74 which states that the Company which
Perseroan yang menjalankan kegiatan usahanya di bidang carries out its business activities in the field and/or related
dan/atau berkaitan dengan sumber daya alam wajib to natural resources is required to carry out social and
melaksanakan tanggung jawab sosial dan lingkungan. environmental responsibility.
2. Program Kemitraan dan Bina Lingkungan berdasarkan 2. The Partnership and Community Development Program
ketentuan Peraturan Menteri Negeri BUMN Nomor 09/ is based on the provisions of SOE Ministerial Regulation
MBU/07/2015 tanggal 3 Juli 2015 tentang Program Kemitraan Number 09/MBU/07/2015 dated July 3, 2015 concerning the
dan Program Bina Lingkungan Badan Usaha Milik Negara, Partnership Program and the Community-Owned Enterprise
sebagaimana telah diubah dengan Peraturan Menteri BUMN Environmental Development Program, as amended by
Nomor 02/MBU/7/2017 tanggal 20 Juli 2017. Minister of SOE Regulation Number 02/MBU/7/2017 dated
3. Program CSR yang disusun mengacu pada kriteria ISO July 20, 2017.
26000 sebagai panduan global bagi implementasi CSR oleh 3. The compiled CSR program refers to the ISO 26000 criteria
organisasi. as a global guide for CSR implementation by organizations.
Strategi dan Program Kerja Strategy and Work Program

ANTAM telah mengembangkan strategi dan program kerja ANTAM has developed strategies and work programs related
terkait kinerja ekonomi, lingkungan dan sosial untuk mengelola to economic, environmental and social performance to manage
isu-isu penting yang menjadi perhatian para pemangku important issues of concern to stakeholders, and to always
kepentingan, serta untuk selalu meningkatkan nilai bagi increase value for ANTAM shareholders and stakeholders. The
pemegang saham dan pemangku kepentingan ANTAM. Strategi strategy and work program are based on 5 (five) main pillars
dan program kerja tersebut didasarkan pada 5 (lima) pilar utama which are the translation of the meaning of sustainability for
yang merupakan penjabaran makna keberlanjutan bagi ANTAM, ANTAM, namely: Prosperity, People, Planet, Partnership, and
yakni: Prosperity, People, Planet, Partnership, dan Prudence. Prudence.

PROSPERITY - KINERJA OPERASIONAL UNTUK PROSPERITY-OPERATIONAL PERFORMANCE

KEBERLANJUTAN MANFAAT EKONOMI YANG FOR SUSTAINABILITY OF OPTIMAL ECONOMIC
OPTIMAL BENEFITS
Kinerja bisnis, operasional dan keuangan merupakan salah satu Business, operational and financial performance is one of
kunci untuk memberikan manfaat keberlanjutan yang maksimal the keys to provide maximum sustainability benefits for
bagi pemangku kepentingan. Oleh karena itu, ANTAM terus stakeholders. Therefore, ANTAM continues to encourage
mendorong ekspansi, inovasi, dan perbaikan berkesinambungan expansion, innovation, and continuous improvement in every
di setiap lini bisnis, baik pada tahap Eksplorasi, Penambangan, line of business, both at the Exploration, Mining, Processing,
Pengolahan, Pemasaran, hingga Pascatambang. Marketing and Post-mining stages.
Dengan kinerja yang baik di seluruh kegiatan tersebut, ANTAM With good performance in all of these activities, ANTAM can
dapat memaksimalkan manfaat yang lebih luas untuk kemajuan maximize broader benefits for the country’s progress, among
negara antara lain dalam memberikan pemasukan pendapatan others, in providing revenue for the country, improving the
negara, peningkatan perekonomian masyarakat setempat, serta economy of the local community, and ensuring that capital
memastikan modal dan dukungan sosial senantiasa dalam kondisi and social support are always in good condition. In addition,
yang baik. Selain itu, ANTAM juga terus berkomitmen menjaga ANTAM also continues to be committed to maintain optimal
daya dukung lingkungan yang optimal demi keberlanjutan hidup environmental carrying capacity for the sustainability and welfare
dan kesejahteraan masyarakat sekitar wilayah operasi ANTAM. of the communities surrounding ANTAM’s operational areas.
Program Pengembangan Masyarakat

Kinerja Bisnis dan Operasional Manajemen Pascatambang
Berkelanjutan
Business and Operational Performance Post Mining Management
Sustainable Community Development Program
Secara khusus terkait strategi bisnis, ANTAM senantiasa berkomitmen untuk Strategi, persiapan dan perencanaan pascatambang
operasional, dan keuangan, ANTAM mendistribusikan manfaat ekonomi secara ANTAM diatur dalam Keputusan Direksi Nomor 644.K/026/
berfokus pada: berkelanjutan, baik secara langsung maupun tidak DAT/2017. Implementasinya dilakukan dengan seksama
• Ekspansi pengolahan mineral bersifat langsung, sehingga dapat turut berkontribusi dan komprehensif untuk meminimalisasi dampak negatif
hilir. dalam peningkatkan kualitas hidup dan dan risiko serta memberikan manfaat positif yang
• Perluasan basis cadangan dan sumber kesejahteraan masyarakat terutama masyarakat optimal yang sejalan dengan pencapaian pembangunan
daya. di sekitar wilayah operasi, antara lain melalui berkelanjutan. Keputusan Direksi tersebut juga masih
• Menjalin kemitraan untuk sejumlah strategi dan pendekatan: selaras dengan Kebijakan Pascatambang, Peraturan Menteri
mengembangkan produksi mineral • Implementasi program CSR melalui program Energi dan Sumber Daya Mineral (ESDM) Nomor 41
olahan baru dari cadangan yang ada. Pengembangan Masyarakat dan PKBL (Program Tahun 2016 tentang Pengembangan dan Pemberdayaan
• Menurunkan lebih lanjut cash cost dan Kemitraan dan Bina Lingkungan) Masyarakat Pada Kegiatan Usaha Pertambangan Mineral
meningkatkan daya saing biaya • PROPER Kementerian Lingkungan Hidup dan dan Batu Bara, serta Keputusan Menteri ESDM No.1824
• Peningkatan kinerja bisnis inti untuk Kehutanan Tahun 2018 tentang Pedoman Pelaksanaan Pengembangan
meningkatkan revenue. • Mendukung pencapaian Sustainable dan Pemberdayaan Masyarakat.
Development Goals (SDGs).
Specifically related to business, ANTAM is always committed to distribute ANTAM’s post-mining strategy, preparation and planning
operational and financial strategies, economic benefits in a sustainable manner, both are regulated in the Board of Directors’ Decree Number
ANTAM focuses on: directly and indirectly, so that it can contribute 644.K/026/DAT/2017. The implementation is carried out
• Downstream mineral processing improving the quality of life and welfare of the carefully and comprehensively to minimize the negative
expansion. community, especially the community around the impacts and risks and provide optimal positive benefits
• Expansion of the reserve and resources operational area, including through a number of that are in line with the achievement of sustainable
basis. strategies and approaches: development. The Board of Directors’ Decree is still in line
• Establish partnerships to develop new • Implementation of CSR programs through with the Post-mining Policy, Regulation of the Minister
processed mineral production from Community Development and Partnership & of Energy and Mineral Resources Number 41 Year 2016
existing reserves. Community Development Program. concerning Community Development and Empowerment
• Reduce further cash costs and increase • Company Performance Rating Program in in Mineral and Coal Mining Business Activities, and Minister
cost competitiveness. Environmental Management by Ministry of of Energy and Mineral Resources Regulation Number
• Increase core business performance to Environment and Forestry. 1824 Year 2018 concerning Implementation Guidelines
increase revenue. • Support the achievement of Sustainable Community Development and Empowerment.
Development Goals (SDGs).
PEOPLE – MENDORONG INSAN ANTAM UNTUK PEOPLE-ENCOURAGING ANTAM EMPLOYEE TO

BERKEMBANG DEVELOP
Insan ANTAM merupakan ujung tombak Perusahaan dan ANTAM’s Employee are the spearhead of the Company
keberlanjutan Perusahaan dipengaruhi oleh kemampuan Insan and the Company’s sustainability is influenced by ANTAM
ANTAM untuk menghadapi tantangan dan peluang yang ada Employee ability to face challenges and opportunities in the
di industri pertambangan. Oleh karena itu, dalam perekrutan mining industry. Therefore, in recruiting ANTAM Employee, the
Insan ANTAM, Perusahaan selalu mencari putra-putri terbaik Company is always looking for the best people of Indonesia who
Indonesia yang memiliki talenta, semangat dan etos kerja yang have high talent, enthusiasm and work ethic. The company is
tinggi. Perusahaan juga berkomitmen menciptakan lingkungan also committed to create a safe and healthy work environment,
kerja yang aman dan sehat, serta mendorong Insan ANTAM and encourages ANTAM’s personnel to continue to develop
terus berkembang melalui pelatihan dan pengembangan. Hal through training and development. This is done to reach the
ini dilakukan demi terwujudnya keberlanjutan dan menuju realization of sustainability and towards a world-class company.
Perusahaan kelas dunia.
Untuk mewujudkan komitmen tersebut, ANTAM terus To realize this commitment, ANTAM continues to develop
mengembangkan berbagai strategi, kebijakan, dan program- various strategies, policies and programs related to employment
program terkait ketenagakerjaan dan K3, antara lain: and OHS, including:
• Sistem Manajemen Keselamatan Pertambangan (SMKP) • Mining Safety Management System Policy based on the
Nomor 923.K/09/DAT/2017, dengan kampanye utama Board of Directors’ Decree Number 923.K/09/DAT/2017,
SUPER SAFE yang mencakup seluruh prinsip-prinsip with SUPER SAFE main campaign covering all the principles
keselamatan kerja di ANTAM. of work safety at ANTAM.
• Komitmen dan program kesehatan karyawan, terutama • Commitments and employee health programs, especially the
pencegahan berbagai penyakit yang dapat berakibat prevention of various diseases that can result in death.
kematian. • Contractor Safety Management System (CSMS) as a safety
• Contractor Safety Management System (CSMS) sebagai management policy for business partners/contractors as a
kebijakan pengelolaan keselamatan pada mitra kerja/ commitment to realize zero fatality.
kontraktor sebagai salah satu komitmen untuk mewujudkan • Management Policy which includes a quality recruitment
zero fatality. process, competency and performance assessment, Talent
• Management Policy yang mencakup proses rekrutmen Management System, employee welfare, industrial relations,
yang berkulitas, penilaian kompetensi dan kinerja, Talent to training and planning for the workshop.
Management System, kesejahteraan pegawai, hubungan • The Collective Labor Agreement which contains the rights
industrial, sampai dengan pelatihan dan perencanaan and obligations of the Company’s management and
purnakarya. ANTAM’s Employee in a balanced and strategic manner to
• Perjanjian Kerja Bersama (PKB) yang memuat hak dan support the achievement of ANTAM’s vision, is an expression
kewajiban manajemen Perusahaan dan para insan ANTAM of mutual trust, mutual respect and commitment to create
secara seimbang dan secara strategis untuk mendukung constructive and transparent industrial relations.
pencapaian visi ANTAM, merupakan perwujudan rasa
saling percaya, saling menghargai, dan komitmen untuk
menciptakan hubungan industrial yang konstruktif dan
transparan.
PLANET – KOMITMEN MENJAGA LINGKUNGAN PLANET-COMMITMENT IN KEEPING THE

UNTUK MASA DEPAN ENVIRONMENT FOR THE FUTURE
Pelestarian bumi dan lingkungan saat ini telah menjadi concern Conservation of the earth and the environment is now a concern
pemangku kepentingan. Perusahaan berbasis sumber daya alam of stakeholders. Natural resource based companies have the
memiliki tanggung jawab meminimalkan dampak dari kegiatan responsibility of minimizing the impact of operational activities
operasional dan ikut serta membantu dalam usaha pelestarian and participating in assisting in environmental preservation
lingkungan. Bagi ANTAM, kepedulian para pemangku efforts. For ANTAM, the concern of these stakeholders is a spirit
kepentingan tersebut menjadi semangat untuk terus berinovasi to continue to innovate and work together with various parties
dan bekerja sama dengan berbagai pihak untuk mewujudkan to realize the preservation of the environment and the earth.
kelestarian lingkungan dan bumi yang kita tinggali ini.
ANTAM berkomitmen untuk terus menjaga bumi dan lingkungan ANTAM is committed to continue to keep the earth and the
ini tetap lestari untuk generasi yang akan datang. Oleh karena environment sustainable for generations to come. Therefore,
itu, dalam kegiatan operasional, ANTAM memastikan penerapan in operational activities, ANTAM ensures the application of
prinsip good mining practice dan kehati-hatian serta patuh the principles of good mining practice and prudence, and
terhadap ketentuan dan peraturan yang berlaku di seluruh also compliance with the rules and regulations that apply in
lini bisnis dan operasional Perusahaan, mulai dari eksplorasi, all lines of business and operations of the Company, starting
penambangan, pengolahan mineral, pengelolaan lingkungan, from exploration, mining, mineral processing, environmental
penerapan K3 di area kerja, pengembangan masyarakat sampai management, the application of Occupational Health & Safety
kegiatan pascatambang. in work area, community development to post-mining activities.

Makna pilar keberlanjutan Planet bagi ANTAM diwujudkan The meaning of the pillars of Planet sustainability for ANTAM
dalam berbagai kebijakan strategis Perusahaan dan dokumen is manifested in various strategic policies of the Company
pelaksanaan terkait manajemen lingkungan, antara lain: and implementation documents related to environmental
• Dokumen Analisis Mengenai Dampak Lingkungan (AMDAL); management, including:
• Rencana Pemantauan Lingkungan (RPL), dan Rencana • Environmental Impact Analysis Document;
Pengelolaan Lingkungan (RKL) serta Rencana Pascatambang • Environmental Monitoring Plan, Environmental Management
(RPT) yang telah disepakati; Plan and the agreed Postmining Plan;
• Rencana Reklamasi (RR) dan Rencana Pascatambang (RPT) • Approved Reclamation Plan and Post-Mining Plan; and
yang telah disetujui; dan • ANTAM Green Standard according to ANTAM’s Board of
• ANTAM Green Standard (AGS) sesuai Surat Keputusan Directors Decree Number 538.K/0084/DAT/2017 concerning
Direksi ANTAM Nomor 538.K/0084/DAT/2017 tentang Environmental Management Policy dated August 8, 2017.
Kebijakan Pengelolaan Lingkungan tanggal 8 Agustus 2017. In ANTAM Green Standard, there are environmental
Dalam AGS, terdapat standar lingkungan yang berlaku di standards that apply in all ANTAM work areas that can be
seluruh wilayah kerja ANTAM yang dapat dijadikan acuan used as a reference in the making of policies or procedures
dalam pembuatan kebijakan atau prosedur pengelolaan for environmental management of Units/Business Units/
lingkungan Unit/Unit Bisnis/Proyek Pengembangan/Kantor Development Projects/Head Office and Subsidiaries.
Pusat dan Anak Perusahaan.
PARTNERSHIP – KERJA SAMA SALING PARTNERSHIP-COLLABORATIVE COOPERATION

MENGUNTUNGKAN
Keberlanjutan ANTAM dalam kegiatan Operasional ANTAM, ANTAM’s sustainability in ANTAM’s operational activities is
tidak terlepas dari kerja sama yang baik dengan para mitra inseparable from its good cooperation with business partners,
usaha, vendor, pemasok, dan sub-kontraktor. Perusahaan vendors, suppliers and sub-contractors. The company always
senantiasa memastikan kemitraan dilandaskan pada prinsip ensures that partnerships are based on the principle of mutual
saling menguntungkan, adil, transparan, dan berintegritas. benefit, fairness, transparency and integrity.
Makna pilar keberlanjutan Partnership bagi ANTAM diwujudkan The meaning of the Partnership’s sustainability pillars for ANTAM
dalam berbagai kebijakan strategis Perusahaan dan dokumen is manifested in various strategic policies of the Company and
pelaksanaan terkait manajemen pemasok, antara lain: implementation documents related to supplier management,
• Kebijakan Pengelolaan Rantai Pasokan (Supply Chain including:
Management) sesuai dengan Surat Keputusan Direksi • Supply Chain Management Policy in accordance with
ANTAM Nomor 1033.K/92/DAT/2019; ANTAM’s BOD Decree Number 1033.K/92/DAT/2019 dated
• Menjalin, berkolaborasi, dan menjaga kemitraan strategis July 1, 2019;
dengan berbagai asosiasi dan institusi eksternal dalam • Establish, collaborate and maintain strategic partnerships
sektor pertambangan; with various external associations and institutions in the
• Menerapkan Standar Etika Perusahaan (Code of Conduct) mining sector;
yang juga berlaku bagi pemegang saham, mitra kerja, dan • Implement the Code of Conduct, which also applies to
seluruh pemangku kepentingan yang melakukan kerja sama shareholders, business partners and all stakeholders who
bisnis dengan ANTAM; dan conduct business cooperation with ANTAM; and
• Optimalisasi penggunaan e-SCM di seluruh unit bisnis • Optimizing the use of e-SCM application in all ANTAM
ANTAM. business units.
PRUDENCE – MEWUJUDKAN TATA KELOLA PRUDENCE-REALIZE A GOOD CORPORATE

PERUSAHAAN YANG BAIK GOVERNANCE
Pilar makna Prudence bagi ANTAM adalah senantiasa The pillar of the meaning of Prudence for ANTAM is always
berkomitmen menjunjung tinggi kepatuhan hukum, etika, committed to upholding legal compliance, ethics, integrity,
integritas, dan implementasi tata kelola Perusahaan yang baik and implementing good corporate governance and inclusively
dan secara inklusif menyelenggarakan kegiatan operasional carrying out operational activities through the involvement of
melalui pelibatan berbagai pemangku kepentingan. various stakeholders.
Bagi Perusahaan, penting untuk mengimplementasikan For the Company, it is important to implement the principles of
prinsip-prinsip Tata Kelola Perusahaan atau Good Corporate Good Corporate Governance (GCG) as a guide for all ANTAM
Governance (GCG) sebagai panduan bagi seluruh Insan ANTAM
untuk menjalankan kegiatan operasional, berinteraksi dengan Employee to carry out operational activities, interact with fellow
sesama kolega, maupun dengan pihak eksternal dan pemangku colleagues, as well as with external parties and stakeholders.
kepentingan.
Pilar makna Prudence diwujudkan dalam Kebijakan dan The pillars of the meaning of Prudence are embodied in the
pedoman strategis, antara lain adalah: Policies and strategic guidelines, which include:
• Pedoman Kebijakan Tata Kelola Perusahaan, serta Nilai dan • Corporate Governance Policies and Corporate Values and
Budaya Perusahaan; Culture;
• Charter, Kebijakan Manajemen, Standar Etika Perusahaan • Charter, Management Policy, Company Code of Conduct,
(Code of Conduct), Standard Operating Procedure (SOP) dan Standard Operating Procedures and Work Instructions;
Instruksi Kerja; • Risk management;
• Manajemen Risiko; • Anti-Corruption; and
• Anti-Korupsi; dan • Whistleblowing System which was ratified in 2008 and
• Whistleblowing System yang telah disahkan pada tahun updated according to Decree of the Board of Commissioners
2008 dan pembaharuannya sesuai Surat Keputusan Dewan Number 30/DK/SK/IX/2014 dated September 19, 2014
Komisaris Nomor 30/DK/SK/IX/2014 tanggal 19 September concerning Guidelines and Procedures for Handling of
2014 tentang Pedoman dan Prosedur Penanganan Pelaporan ANTAM Whistleblowing Reports.
Pelanggaran (Whistleblowing) ANTAM.
Biaya Pelaksanaan Tanggung Jawab Sosial Implementation Expenses of Corporate Social

Perusahaan Responsibility
Pada tahun 2019, ANTAM mengeluarkan biaya sebesar Rp141,73 In 2019, ANTAM spent Rp141.73 billion on the implementation
miliar untuk pelaksanaan program-program tanggung jawab of corporate social responsibility programs (Community
sosial perusahaan (Community Development Rp88,41 milliar, Development Rp88.41 billion, Partnership Program Rp34.22
Program Kemitraan Rp34,22 miliar & Bina Lingkungan Rp19,10 billion & Community Stewardship Program Rp19.10 billion) and
milliar) serta Pengelolaan Lingkungan sebesar Rp145,82 miliar. Environmental Management Rp145.82 billion.
Tanggung Jawab Sosial Perusahaan terkait Corporate Social Responsibility Related to

Hak Asasi Manusia (HAM) Human Rights
Kegiatan operasional ANTAM mencakup aktivitas ekstraktif ANTAM’s operational activities include extractive activities and
dan aktivitas-aktivitas lain yang dapat mempengaruhi secara other activities that can significantly affect natural resources
signifikan sumber daya alam seperti air, hutan ataupun such as water, forests or land, as well as contact with local
lahan, serta bersinggungan dengan komunitas-komunitas communities. For this reason, it is important for ANTAM to always
masyarakat lokal daerah. Untuk itu, penting bagi ANTAM selalu pay attention to the human rights aspects of the stakeholders
memperhatikan aspek Hak Asasi Manusia (HAM) dari pemangku affected by its operations.
kepentingan yang terdampak oleh operasinya.
ANTAM melakukan School Development Program bagi masyarakat di sekitar wilayah operasi UBPN Maluku Utara
ANTAM conducts a School Development Program for communities around the North Maluku Nickel Mining Business Unit

Komitmen dan Kebijakan Commitment and Policy

ANTAM mengakui bahwa penghormatan dan perlindungan ANTAM recognizes that respect and protection of human rights
terhadap Hak Asasi Manusia (HAM) merupakan bagian yang are an inseparable part of ANTAM’s daily activities, including in
tidak terpisahkan dari aktivitas ANTAM sehari-hari, termasuk interacting with stakeholders such as employees, suppliers and
dalam berinteraksi dengan para pemangku kepentingan seperti contractors, as well as the community around the operational
karyawan, pemasok dan kontraktor, serta masyarakat di sekitar area.
area operasional.
Lingkup tanggung jawab sosial Perusahaan terkait HAM The scope of corporate social responsibility related to human
dilaksanakan dengan senantiasa menjunjung dasar-dasar hak rights is carried out by always upholding the basics of human
asasi manusia dan menghormati budaya, adat istiadat dan nilai- rights and respecting local culture, customs and values.
nilai setempat.
Menghormati HAM di Tempat Kerja Respect Human Rights at Workplace

ANTAM senantiasa menghormati hak-hak dasar pegawai yang ANTAM always respects the basic rights of employees which are
diwujudkan melalui pelaksanaan aspek-aspek yang relevan, seperti realized through the implementation of relevant aspects, such
prinsip kesempatan yang sama dan non-diskriminasi. Mulai dari as the principle of equal opportunity and non-discrimination.
proses rekrutmen karyawan, penempatan karyawan, akses pada Starting from the process of employee recruitment, employee
pelatihan kerja, pengembangan dan peningkatan kompetensi, placement, access to job training, competency development and
pengembangan karir atau promosi jabatan, penilaian kinerja, improvement, career development or promotion, performance
sampai pada pemutusan hubungan kerja. ANTAM memberikan appraisal, to termination of employment. ANTAM provides the
perlakuan dan kesempatan yang sama tanpa membedakan ras, same treatment and opportunity regardless of race, gender,
jenis kelamin, suku, agama maupun kondisi fisik. Proses-proses ethnicity, religion or physical condition. These processes are
tersebut dilaksanakan berdasarkan pada kebutuhan Perusahaan carried out based on the Company’s needs and in accordance
dan sesuai dengan pengalaman, kompetensi, keahlian, serta with the experience, competencies, expertise, and achievement
pencapaian kinerja masing-masing karyawan. of each employee’s performance.
Berdasarkan gender, pada 2019 total pegawai ANTAM masih Based on gender, in 2019 total ANTAM employees were still
didominasi oleh karyawan laki-laki sebanyak 90,96% dari dominated by male employees as much as 90.96% of total
total pegawai. Besarnya dominasi karyawan laki-laki ini employees. The large dominance of male employees is due to the
disebabkan sifat dari kegiatan usaha pertambangan ANTAM nature of ANTAM’s mining business activities, some of which are
yang sebagian beraktivitas di area tambang bawah tanah dan active in underground mining areas and the provision of female
adanya ketentuan mengenai pekerja tambang perempuan yang mining workers who are not allowed to do work in underground
tidak boleh melakukan pekerjaan dalam tambang di bawah mines. This provision has been regulated in Minister of Mines
tanah. Ketentuan ini telah diatur dalam Keputusan Menteri and Energy Decree Number 555.K/26/M/PE/1995 Article 26
Pertambangan dan Energi Nomor 555.K/26/M/PE/1995 Pasal 26 Paragraph (2) and supported by ILO Convention Number 45.
Ayat (2) dan didukung dengan ILO Convention Nomor 45.
ANTAM juga mengakui hak karyawan untuk mengeluarkan ANTAM also recognizes the right of employees to express
pendapat dan untuk berserikat, yang menempatkan karyawan opinions and to associate, which places employees as ANTAM’s
sebagai mitra ANTAM dan bukan sekedar sebagai alat produksi. partners and not merely as a means of production. This
Pengakuan ini diwujudkan melalui keberadaan Perjanjian Kerja recognition is realized through the existence of a Collective
Bersama (PKB) yang memuat hak dan kewajiban karyawan Labor Agreement which contains the rights and obligations of
maupun ANTAM secara timbal-balik. employees and ANTAM in reciprocal terms.
Melindungi HAM Masyarakat Sekitar Tambang Protect the Human Rights of Communities
Around the Mining Area
ANTAM mengedepankan prinsip Good Mining Practice ANTAM puts forward the principle of Good Mining Practice in
pada setiap aktivitas pertambangan mulai dari eksplorasi, every mining activity from exploration, construction, operation,
konstruksi, operasi, produksi, hingga masa pasca-tambang production, to the post-mining period to minimize the negative
untuk meminimalkan dampak negatif yang mungkin ada bagi impacts that may occur for the community and the environment.
masyarakat dan lingkungan. Dalam kegiatan operasional, In operational activities, ANTAM interacts, communicates and
ANTAM melakukan interaksi, komunikasi, dan pelibatan engages communities around the operational area based on
masyarakat di sekitar wilayah operasi dengan dilandasi rasa
saling menghormati dan menghargai serta berdasarkan prinsip mutual respect and based on the principle of mutual benefit,
saling menguntungkan, termasuk dalam menghormati hak-hak including in respecting the customary rights of indigenous
ulayat masyarakat adat. peoples.
Berbagai pendekatan tersebut dilakukan secara komprehensif These various approaches are carried out comprehensively and
dan terintegrasi dalam kerangka Masterplan CSR ANTAM melalui integrated within the framework of ANTAM’s CSR Masterplan
pelaksanaan Program Pengembangan Masyarakat Berkelanjutan through the implementation of the Sustainable Community
(PPMB), yang terdiri dari komponen program Community Development Program, which consists of Community
Development, Program Kemitraan & Bina Lingkungan, serta Development program, Partnership & Community Stewardship
Aktivitas Pascatambang. Program and Postmining Activities.
Master Plan Program Pengembangan Masyarakat Berkelanjutan (PPMB)

Sustainable Community Development Program (PPMB) Master Plan
Dalam pelaksanaan program tanggung jawab ANTAM di Masyarakat, dibagi menjadi tiga fokus :
The implementation of ANTAM’s responsibilities program in the Community, divided to three focuses:
01 Program Community Development

Community Development Program
02 Kemitraan dan Bina Lingkungan
(PKBL)
03 Pascatambang
Post-mining
Partnership & Community
Stewardship Program
Kategori pelibatan masyarakat/tingkat kedalaman hubungan

Program categories in Sustainable Community Development Master Plan
01 Hubungan Masyarakat
Community Relations
02 Akses/Sarana kepada
Masyarakat
03 Pemberdayaan Masyarakat
Community Empowerment
Community Services
• Program pengembangan masyarakat dapat mengarah kepada Community Relations, Community Services dan Community Empowerment
Community development programs can lead to Community Relations, Community Services and Community Empowerment
• Subkomponen Program Kemitraan diarahkan sepenuhnya untuk Community Empowerment, sedangkan program BL (Bina Lingkungan)
difokuskan pada Community Services dan Community Empowerment
The Partnership Program is directed entirely to Community Empowerment, while the Community Stewardship Program focuses on Community
Services and Community Empowerment
• Program pengembangan masyarakat pascatambang, sesuai dengan tujuannya diarahkan pada program Community Empowerment dan
Community Services
Post-mining community development program, in accordance with its objectives directed at Community Empowerment and Community Services
programs
Tanggung Jawab Sosial Perusahaan terkait Corporate Social Responsibility Related to

Praktik Operasi yang Adil Fair Operation Practices
ANTAM menyadari akan pentingnya standar perilaku etis dalam ANTAM recognizes the importance of ethical standards in
berinteraksi dengan organisasi maupun individu lain. Penerapan interacting with other organizations and individuals. The
standar perilaku etis tersebut menjadi dasar bagi pelaksanaan adoption of these standards of ethical behavior is the basis for
praktik operasi yang adil di lingkungan ANTAM. Pada gilirannya, implementing fair operation practices within ANTAM. In turn, the
reputasi sebagai perusahaan yang berintegritas dan menjunjung reputation as a company with integrity and upholding standards
tinggi standar perilaku etis akan berdampak positif dalam of ethical behavior will have a positive impact on ANTAM’s
interaksi ANTAM dengan pemangku kepentingan dan pihak interactions with stakeholders and other external parties.
eksternal lain.


ANTAM berkomitmen menerapkan prinsip-prinsip pertambangan ANTAM is committed to implement the principles of good
yang baik (Good Mining Practices) mulai dari kegiatan eksplorasi, mining practices ranging from exploration, mining, processing
penambangan, pengolahan hingga kegiatan pascatambang, to post-mining activities, all are carried out in accordance with
yang seluruh aktivitasnya dilaksanakan sesuai dengan ketentuan applicable laws and regulations. ANTAM also has a Code of
dan peraturan perundang-undangan yang berlaku. ANTAM Conduct that regulates ANTAM’s business ethics and the work
juga memiliki Standar Etika Perusahaan (code of conduct) yang ethics of ANTAM’s employees.
mengatur tentang etika bisnis ANTAM dan etika kerja karyawan
ANTAM.
Prinsip-prinsip Tata Kelola Perusahaan yang baik (Good Corporate The principles of Good Corporate Governance also serve as a
Governance/GCG) juga menjadi panduan bagi Perusahaan guide for the Company and all ANTAM employees in carrying
dan seluruh karyawan ANTAM dalam menjalankan kegiatan out operational activities, interacting with fellow colleagues and
operasional, berinteraksi dengan sesama kolega maupun external stakeholders, and creating clean business practices and
pemangku kepentingan eksternal, serta menciptakan praktik avoiding all forms of fraud.
bisnis yang bersih dan menjauhi segala bentuk kecurangan.
Lingkup Tanggung Jawab Sosial terkait Operasi Scope of Social Responsibility Related to Fair
yang Adil Operations
Adapun lingkup dan perencanaan tanggung jawab sosial The scope and planning of corporate social responsibility related
perusahaan terkait operasi yang adil diimplementasikan dengan: to fair operations is implemented by:
• Menerapkan dan memelihara praktik bisnis yang etis dan • Implement and maintain ethical business practices and
mempromosikan pentingnya sistem tata kelola perusahaan promote the importance of good corporate governance
yang baik; systems;
• Mengintegrasikan pertimbangan pembangunan • Integrate sustainable development considerations into the
berkelanjutan ke dalam proses pembuatan keputusan corporate decision-making process;
korporasi; • Contribute to the social, economic and institutional
• Berkontribusi pada pengembangan sosial, ekonomi dan development of the community in the key management
kelembagaan masyarakat dalam tindakan manajemen kunci actions needed where ANTAM operates; and
yang diperlukan dimana ANTAM beroperasi; dan • Conduct an effective and transparent engagement process,
• Melakukan proses pelibatan yang efektif dan transparan, communication and independently verified reporting of
komunikasi dan pelaporan yang diverifikasi secara ANTAM’s stakeholders.
independen, terhadap pemangku kepentingan ANTAM.
Kegiatan yang Dilakukan Activities Performed

ANTAM memiliki komitmen tinggi untuk memberantas segala ANTAM has a high commitment to eradicate all acts of
tindak korupsi, gratifikasi, dan penyelewengan (fraud) di dalam corruption, gratification and fraud in the Company’s organization
organisasi Perusahaan demi menciptakan praktik tata kelola in order to create clean and law-abiding corporate governance
perusahaan yang bersih dan patuh kepada hukum. Praktik anti practices. Anti-corruption practices are the main aspects that
korupsi menjadi aspek utama yang secara komprehensif diawasi are comprehensively monitored and consistently socialized to
dan secara konsisten disosialisasikan demi menjaga integritas maintain the integrity of ANTAM.
ANTAM.
Sejak 2017, ANTAM menjadi mitra strategis Komite Since 2017, ANTAM has been a strategic partner of the
Pemberantasan Korupsi (KPK) dalam membangun Sistem Corruption Eradication Committee (KPK) of Republic of Indonesia
Integritas Nasional dengan turut aktif melakukan pencegahan in building the National Integrity System by actively taking part in
gratifikasi dan pemberantasan korupsi. Upaya ini dicetuskan preventing gratifications and eradication corruption. This effort
melalui pakta ‘Komitmen Pencegahan Terintegrasi’ yang was initiated through the ‘Integrated Prevention Commitment’
ditandatangi kedua belah pihak, lalu dituangkan ke dalam pact signed by both parties, then inaugurated into the BODs’
Keputusan Direksi Nomor 690.K/083/DAT/2017 tentang Decree Number 690.K/083/DAT/2017 concerning Gratification
Kebijakan Pengendalian Gratifikasi di PT ANTAM (Persero) Tbk. Control Policy at PT ANTAM (Persero) Tbk. ANTAM then formed
ANTAM kemudian membentuk Unit Pengendali Gratifikasi ANTAM’s Gratification Control Unit.
(UPG) ANTAM.
Selama tahun 2019, terdapat 11 (sebelas) pelaporan terkait During 2019, there were 11 (eleven) reports related to
gratifikasi yang telah ditindaklanjuti oleh UPG ANTAM. gratifications that have been followed up by UPG ANTAM.
Upaya lain yang dilakukan ANTAM dalam menegakkan hukum Another effort undertaken by ANTAM in enforcing the law and
dan mempraktikkan Good Corporate Governance (GCG) practicing Good Corporate Governance is by issuing a Policy
adalah dengan menerbitkan Kebijakan Pengelolaan Laporan on the Management of State Officials’ Wealth Report based
Harta Kekayaan Penyelenggara Negara (LHKPN) berdasarkan on the BODs’ Decree Number 356.K/083/DAT/2017 dated June
Surat Keputusan Direksi Nomor 356.K/083/DAT/2017 tanggal 13, 2017, which is an update of the BODs’ Decree Number
13 Juni 2017, yang merupakan pemutakhiran dari Surat 65.K/701/DAT/2014 dated March 12, 2014. This policy refers to
Keputusan Direksi Nomor 65.K/701/DAT/2014 tanggal 12 Maret the Corruption Eradication Committee of Republic of Indonesia
2014. Kebijakan ini mengacu pada Peraturan KPK Republik Regulation Number 7 Year 2016 concerning Procedures for
Indonesia Nomor 7 Tahun 2016 tentang Tata Cara Pendaftaran, Registration, Announcement and Examination of Assets. The
Pengumuman dan Pemeriksaan Harta Kekayaan Penyelenggara policy requires ANTAM officials to submit State Officials’ Wealth
Negara. Kebijakan tersebut mewajibkan para pejabat ANTAM Report regularly, namely the Board of Commissioners, the Board
untuk menyampaikan Laporan Harta Kekayaan Penyelenggara of Directors and ANTAM Employees up to 2 (two) levels below
Negara (LHKPN) secara berkala, yaitu Dewan Komisaris, Direksi, the Board of Directors. ANTAM also formed a special State
serta Pegawai ANTAM hingga 2 (dua) tingkat di bawah Direksi. Officials’ Wealth Report Management Administrator unit to
ANTAM juga membentuk unit Administrator Pengelola LHKPN socialize and enforce this policy.
khusus untuk menyosialisasikan dan menegakkan kebijakan ini.
Untuk tahun 2019, tingkat kepatuhan pelaporan LHKPN ANTAM In 2019, ANTAM’s State Officials’ Wealth Reporting compliance
tercatat mencapai 96,99%, yang merupakan peningkatan dari level achieved 96.99%, which is an increase from the
pencapaian di 2018 dengan 93,56%. achievement in 2018 with 93.56%.
Komunikasi terkait Kebijakan dan Prosedur anti korupsi ANTAM, Communication related to ANTAM’s anti-corruption policies and
di antaranya dilakukan melalui website ANTAM, portal internal procedures, through the Company’s website, internal portal,
ANTAM, sosialisasi melalui e-mail maupun sosialisasi langsung socialization through e-mail and direct socialization to ANTAM’s
kepada Insan ANTAM serta dalam program pengenalan People as well as in the Company’s introduction to the new
Perusahaan kepada Dewan Komisaris dan Direksi yang baru Board of Commissioners, the new Board of Directors and new
menjabat serta pegawai baru. employees.
Pedoman Pelaporan Pelanggaran atau Whistleblowing System The Whistleblowing System (WBS) Guidelines is another effort
(WBS) adalah upaya lain untuk menegakkan integritas ANTAM, to uphold ANTAM’s integrity, as an internal control mechanism
sebagai mekanisme pengendalian internal yang didesain untuk designed to maintain transparency and propriety of employees
menjaga transparansi dan kepatutan karyawan serta manajemen and ANTAM’s management, through reporting indications of
ANTAM, melalui pelaporan indikasi tindakan pelanggaran yang violations committed on behalf of ANTAM. The WBS Guidelines
dilakukan atas nama ANTAM. Pedoman WBS pertama kali were first approved in 2008, and then updated in 2014.
disahkan pada tahun 2008, dan kemudian diperbaharui pada
tahun 2014.
Pada tahun 2019, terdapat 2 (dua) laporan dalam WBS dimana In 2019, there were 2 (two) reports in WBS, where 1 (one) report
1 (satu) laporan sudah ditidaklanjuti dan 1(satu) laporan masih has been followed up and 1 (one) report still in the process of
dalam proses penyelesaian. completion.
Inisiatif-inisiatif lain terkait pelaksanaan tanggung jawab sosial Other initiatives related to the implementation of torporate
perusahaan terkait Praktik Operasi yang Adil adalah: social responsibility related to Fair Operation Practices are:
• Penggunaan e-procurement dalam proses pengadaan • Utilization of e-procurement in the process of procurement
barang dan jasa di ANTAM; of goods and services;
• Penggunaan aplikasi berbasis teknologi informasi yang • Utilization of information technology-based applications
di dalamnya telah mengakomodir mekanisme check and that have accommodated checks and balances mechanisms;
balance;

• Pelaksanaan Audit Operasional ANTAM; • Conducting Operational Audit;

• Menyediakan media komunikasi dengan pemangku • Providing communication media with ANTAM stakeholders
kepentingan ANTAM melalui berbagai media yang dapat through various media that can be easily accessed, as well as
diakses dengan mudah, serta kegiatan seperti Public Expose, activities such as Public Expose, Media Visit, Supplier/Vendor
Media Visit, Supplier/Vendor Gathering, serta kegiatan Gathering, and other activities that involve the community
lainnya yang melibatkan masyarakat di sekitar wilayah around ANTAM’s operational areas;
operasional ANTAM; • Conduct an effective and transparent engagement process,
• Melakukan proses keterlibatan yang efektif dan transparan, independently verified stakeholder communication and
komunikasi dan pelaporan yang diverifikasi secara reporting; and
independen, terhadap pemangku kepentingan; dan • Recruit workforce with an e-recruitment system.
• Melakukan perekrutan tenaga kerja dengan sistem
e-recruitment.
Tanggung Jawab Sosial Perusahaan terkait corporate SOCIAL RESPONSIBILITY RELATED TO

Lingkungan Hidup ENVIRONMENT
ANTAM melakukan pelestarian lingkungan di daerah tepi pantai dengan menanam

Tanaman Bakau di sekitar wilayah operasi di UBPN Sulawesi Tenggara
ANTAM preserves the environment in the coastal area by planting mangroves around the
operational area in Southeast Sulawesi Nickel Mining Busines Unit

Aktivitas utama ANTAM sebagai perusahaan berbasis sumber ANTAM’s main activities as a natural resource-based company
daya alam membawa dampak pada lingkungan terutama have an impact on the environment, especially on changes in
pada perubahan bentuk bentang alam dan keanekaragaman the shape of the landscape and biodiversity in its operational
hayati di wilayah operasionalnya. Untuk itu, ANTAM senantiasa areas. For this reason, ANTAM is always committed to managing
berkomitmen untuk mengelola dampak lingkungan agar dapat environmental impacts in order to preserve nature and the
menjaga kelestarian alam dan lingkungan di sekitar wilayah environment around the operational area. In addition to
operasi. Selain mengelola dampak lingkungan, ANTAM juga managing environmental impacts, ANTAM is also committed to
berkomitmen untuk aktif berkontribusi pada isu-isu global actively contribute to global environmental issues such as energy
terkait lingkungan seperti penghematan energi, pengurangan savings, reduction of GHG emissions, waste management, and
emisi Gas Rumah Kaca, penanganan limbah, hingga pelestarian biodiversity conservation.
keanekaragaman hayati.
ANTAM senantiasa menerapkan praktik penambangan yang ANTAM always applies good mining practices in all lines
baik (Good Mining Practice) di seluruh lini bisnis dan operasional of business and operations of the Company, starting from
Perusahaan, mulai dari eksplorasi, penambangan, pengolahan exploration, mining, mineral processing, environmental
mineral, pengelolaan lingkungan, penerapan prinsip Kesehatan management, application of the principles of Occupational
dan Keselamatan Kerja (K3), pengembangan masyarakat sejak Health and Safety (K3), community development since the mine
tambang dibuka sampai pada kegiatan pascatambang. was opened until the activity post-mining.
Untuk mengelola dampak terhadap lingkungan akibat kegiatan To manage impacts on the environment due to operational
operasional, ANTAM memiliki strategi pelaksanaan pengelolaan activities, ANTAM has a strategy for implementing environmental
lingkungan yang merupakan rencana pengelolaan lingkungan management which is an environmental management plan that
yang telah ditetapkan oleh manajemen dan sesuai peraturan has been determined by management and in accordance with
yang berlaku yakni dengan berpedoman pada dokumen Analisis applicable regulations, which is guided by the Environmental
Mengenai Dampak Lingkungan (AMDAL), Rencana Pemantauan Impact Analysis (AMDAL) document, Environmental Monitoring
Lingkungan (RPL), dan Rencana Pengelolaan Lingkungan (RKL) Plan (RPL), and the Environmental Management Plan (RKL) and
serta Rencana Pascatambang (RPT) yang telah disetujui oleh Post-Mining Plan (RPT) which have been approved by local
pejabat berwenang setempat. Selain itu, ANTAM juga memiliki authorities. In addition, ANTAM also has a policy called ANTAM
kebijakan yang bernama ANTAM Green Standard (AGS) sesuai Green Standard (AGS) in accordance with ANTAM’s Decree
Surat Keputusan Direksi ANTAM Nomor 538.K/0084/DAT/2017 Number 538.K/0084/DAT/2017 concerning PT ANTAM Tbk’s
tentang Kebijakan Pengelolaan Lingkungan PT ANTAM Tbk Environmental Management Policy dated August 8, 2017 as a
tanggal 8 Agustus 2017 sebagai acuan dalam pengelolaan reference in ANTAM’s environmental management.
lingkungan ANTAM.
Mengembangkan dan menerapkan sistem

manajemen lingkungan yang mengacu Melakukan evaluasi untuk meningkatkan
pada peraturan Perseroan dan peraturan kinerja lingkungan secara berkelanjutan.
perundangan yang berlaku. Manage evaluation to improve sustainable
Develop and implement the environmental environmental performance.
management system that refers to the
Company’s regulations and applicable
regulations.
1 9
Mendukung upaya pembangunan yang
8
Mengupayakan penggunaan sistem,
teknologi, metode, peralatan, dan berkelanjutan serta mempertimbangkan
bahan-bahan yang memiliki dampak kebutuhan masyarakat sekitar operasi
negatif minimal bagi lingkungan dalam
setiap kegiatan pertambangan.
2 pertambangan.
Promoting sustainable development
Attempt to apply systems, technologies, and consider the needs of communities
methods, equipment, and materials that
have a minimum negative impact on
Kebijakan Lingkungan 7 surrounding mining operations.
the environment in every activity. ANTAM

3 ANTAM Environment
Policy Mendukung program penurunan emisi gas
Meningkatkan profesionalisme rumah kaca dengan upaya-upaya produktif
sumber daya manusia dalam
pengelolaan lingkungan.
6 dan inovatif dalam kegiatan pertambangan.
Supporting greenhouse gas emission
Improve human resources
professionalism within 4 5
reduction with productive programs and
innovative initiatives in mining activities.
environmental management.
Meminimalkan lahan terganggu Menggunakan sumber daya alam Melakukan upaya pencegahan pencemaran
dan merehabilitasi sesuai dengan secara optimal dalam rangka lingkungan dan pengendalian dampaknya.
peruntukannya termasuk melindungi flora konservasi dan meminimalkan limbah. Contribute efforts to prevent pollution and
dan fauna di dalamnya. Managing natural resources optimally control its impact.
Reduce the disturbed land and rehab that through conservation and reducing
fits its classification, including preserving waste.
flora and fauna.
Dampak dan Risiko Lingkungan Penting yang Important Environmental Impacts and Risks That
Terkait Secara Langsung atau Tidak Langsung are Directly or Indirectly Related to the Company
dengan Perusahaan
Dampak yang ditimbulkan dari kegiatan operasional di wilayah Impacts arising from operational activities in ANTAM’s
operasional ANTAM bisa memberikan dampak secara langsung operational areas can have direct and indirect impacts, both
dan tidak langsung baik dampak negatif maupun positif. negative and positive.
ANTAM senantiasa berusaha untuk mengelola dan meminilisasi ANTAM always strives to manage and minimize negative impacts
dampak negatif dan berusaha untuk memberikan dampak and seeks to have a positive impact especially on environmental
positif terutama bagi kelestarian lingkungan, pengembangan sustainability, regional development and the economy of the
wilayah dan ekonomi masyarakat setempat. Adapun mengenai local community. As for this impact is presented in ANTAM’s

dampak ini disajikan dalam Laporan Keberlanjutan 2019 ANTAM 2019 Sustainability Report in the chapter on Conserving
pada Bab Menjaga Lingkungan Tetap Lestari. Sustainable Environment.
Penanganan Aspek Lingkungan dalam Kegiatan Handling Environmental Aspects in Operational

Operasional Activities
Kegiatan operasional ANTAM berkaitan erat dengan berbagai ANTAM’s operational activities are closely related to various
aspek lingkungan hidup, termasuk di antaranya aspek (1) aspects of the environment, including aspects of (1) energy and
pengelolaan energi dan air, (2) pengendalian emisi, (3) water management, (2) emission control, (3) management of
pengelolaan limbah padat, cair dan efluen, (4) reklamasi solid, liquid and effluent waste, (4) land reclamation and post-
lahan dan manajemen pascatambang, serta (5) kelestarian mining management, and ( 5) biodiversity sustainability.
keanekaragaman hayati.
Upaya-upaya yang dilakukan ANTAM dalam berbagai aspek The efforts undertaken by ANTAM in various operational aspects
operasional tersebut pada dasarnya bertujuan untuk, antara lain: basically aim to, among other things:
• Mengupayakan penggunaan sistem, teknologi, metode, • Promote the use of systems, technologies, methods,
peralatan, dan bahan-bahan yang memiliki dampak equipment, and materials that have a minimum negative
negatif minimal bagi lingkungan dalam setiap kegiatan impact on the environment in every mining activity.
pertambangan. • Utilizing natural resources optimally in the context of
• Menggunakan sumber daya alam secara optimal dalam conservation and minimizing waste.
rangka konservasi dan meminimalkan limbah. • Carry out efforts to prevent environmental pollution and
• Melakukan upaya pencegahan pencemaran lingkungan dan control its impacts.
pengendalian dampaknya. • Supporting greenhouse gas emission reduction programs
• Mendukung program penurunan emisi gas rumah kaca with productive and innovative efforts in mining activities.
dengan upaya-upaya produktif dan inovatif dalam kegiatan • Minimizing disturbed land and rehabilitating according to its
pertambangan. purpose including protecting the flora and fauna in it.
• Meminimalkan lahan terganggu dan merehabilitasi sesuai
dengan peruntukannya termasuk melindungi flora dan
fauna di dalamnya.
Pembahasan lebih lengkap dan rinci terkait inisiatif-inisiatif A more complete and detailed discussion regarding initiatives
penanganan aspek lingkungan dalam kegiatan operasional to deal with environmental aspects in ANTAM’s operational
ANTAM, serta hasil-hasil yang dicapai dan perkembangannya activities, as well as the results achieved and developments from
dari tahun ke tahun, disajikan dalam Laporan Keberlanjutan year to year, is presented in ANTAM’s 2019 Sustainability Report
2019 ANTAM pada Bab Menjaga Lingkungan Tetap Lestari. in the Chapter on Conserving Sustainable Environment.
Penanganan Aspek Lingkungan sebagai Program Handling Environmental Aspects as a CSR

CSR Program
Setiap kegiatan operasional Perusahaan pasti akan memiliki Each of the Company’s operational activities will definitely
dampak terhadap alam, baik fauna maupun flora di sekitar have an impact on nature, both the fauna and flora around
wilayah operasional. Menyadari hal tersebut, ANTAM the operational area. Realizing this, ANTAM carries the concept
mengusung konsep Good Mining Practice pada setiap aktivitas of Good Mining Practice in all of its mining activities. ANTAM
pertambangannya. ANTAM dalam kegiatan CSR melaksanakan in its CSR activities carries out environmental conservation
program pelestarian di bidang lingkungan yang melibatkan para programs that involve stakeholders in protecting and enhancing
pemangku kepentingan dalam menjaga dan meningkatkan environmental sustainability. This is implemented as a form
kelestarian lingkungan. Hal ini dilakukan sebagai wujud inisiatif of ANTAM initiative so that all parties can get the economic
ANTAM agar semua pihak dapat merasakan manfaat ekonomi benefits of the environmental program activities that have been
dari kegiatan program lingkungan yang telah dilakukan. carried out.
Terdapat 5 tujuan yang berkaitan langsung dengan lingkungan There are 5 goals that are directly related to the environment
hidup seperti yang tertuang pada tujuan keenam SDGs yakni as stated in the sixth goal of SDGs namely (Clean Water &
(Clean Water & Sanitation), tujuan ketujuh (Affordable & Clean Sanitation), the seventh goal (Affordable & Clean Energy), the
Energy), tujuan ke-13 (Climate Action), tujuan ke-14 (Life 13th goal (Climate Action), the 14th goal (Life Below Water) and
Below Water) dan terakhir tujuan ke-15 (Life on Land). Sebagai finally the 15th destination (Life on Land). As a natural resource
perusahaan berbasis sumber daya alam, ANTAM memiliki based company, ANTAM has the potential to contribute to the
potensi untuk bersumbangsih dalam pencapaian tujuan-tujuan achievement of these goals.
tersebut.
Selain mengelola dampak lingkungan dalam kegiatan In addition to manage environmental impacts in operational
operasional, ANTAM juga melaksanakan berbagai inisiatif activities, ANTAM also carries out various environmental
pelestarian lingkungan hidup yang tidak terkait langsung preservation initiatives that are not directly related to the
dengan operasional perusahaan, termasuk yang dilakukan di company’s operations, including those carried out outside the
luar wilayah operasi Perusahaan. Company’s operational areas.
ANTAM aktif berkontribusi pada pemeliharaan kualitas ANTAM actively contributes to the maintenance of environmental
lingkungan hidup melalui kegiatan penanaman pohon, selain quality through tree planting activities, in addition to those
yang dilakukan sebagai bagian dari aktivitas reklamasi lahan carried out as part of land reclamation activities and post-mining
dan manajemen pascatambang. Sepanjang 2019, ANTAM telah management. Throughout 2019, ANTAM has planted 1.2 million
menanam 1,2 juta pohon yang ditanam di lahan bekas tambang trees planted on ex-mining land and outside ex-mining. ANTAM
dan di luar bekas tambang. ANTAM juga terlibat dalam proyek is also involved in the Poleang Watershed (DAS) rehabilitation
rehabilitasi Daerah Aliran Sungai (DAS) Poleang di areal seluas project in an area of 285 hectares in Southeast Sulawesi, by
285 ha di Sulawesi Tenggara, dengan menanam total 313.500 planting a total of 313,500 trees.
pohon.
Sedangkan untuk pelestarian lingkungan di wilayah operasi, As for environmental preservation in the operational area, ANTAM
ANTAM telah melakukan reklamasi lahan bekas tambang has progressively reclaimed ex-mining land in accordance with
secara progresif sesuai dengan Rencana Reklamasi Tahunan the Annual Reclamation Plan and the 5 (five) year Reclamation
dan Rencana Reklamasi 5 (lima) tahunan. Adapun progres luas Plan. The progress of land that has been reclaimed on ex-mining
lahan yang sudah direklamasi di lahan bekas tambang (lahan land (disturbed land) is as follows:
terganggu) sebagai berikut:
Lahan Terganggu Lahan Reklamasi

Tahun % Reklamasi
Disturbed Land Reclamated Land
Year Reclamated
(ha) [MM1] (ha) [MM1]
2017* 5.995,8 5.022,5 83,77%
2018* 6.202,7 5.069,05 81,72%
2019* 6.361,01 5.123,53 80,54%
*Data kumulatif | Cumulative data
Jumlah Pohon yang Ditanam Jumlah Pohon yang Ditanam

Tahun Total Pohon Ditanam
di Lahan Bekas Tambang di luar Lahan Bekas Tambang
Year Total Trees Planted
Total Trees Planted in Post Mining Areas Total Trees Planted Outside Post Mining Areas
2017 32.600 687.679 720.279
2018 131.799 874.326 1.006.125
2019 100.265 1.100.905 1.201.170
Menyadari bahwa keanekaragaman hayati yang terpelihara Recognizing that well-preserved biodiversity is a very important
dengan baik adalah warisan yang sangat penting bagi generasi legacy for future generations, ANTAM also supports efforts
mendatang, ANTAM juga mendukung upaya-upaya pelestarian to conserve a number of Indonesian native animals that are
sejumlah satwa asli Indonesia yang berstatus satwa langka atau endangered or even threatened. In 2019, ANTAM was involved
bahkan terancam punah. Pada tahun 2019, ANTAM terlibat in, among others, conservation programs for white starlings,
antara lain dalam program konservasi populasi Jalak Putih, captive breeding of napoleon, and hatching of Komodo eggs.
penangkaran Ikan Napoleon, dan penetasan telur Komodo.

Komodo merupakan salah satu satwa langka yang menjadi ciri Komodo is one of the endangered animals that characterizes
khas dan kebanggaan Indonesia, namun kini menghadapi risiko and is the pride of Indonesia, but now faces the risk of extinction.
punah. Untuk membantu melestarikan keberadaan komodo, To help preserve the existence of the Komodo dragon, ANTAM
ANTAM melakukan program penetasan telur komodo dalam conducts a Komodo egg hatching program in the framework
rangka pengembangbiakkan dengan metode eksitu yang disebut of breeding with an existing method called Hatching Komodo
Hatching Komodo Eggs atau lebih dikenal dengan Haciko Eggs. Eggs or better known as Haciko Eggs. This program is carried out
Program ini dilakukan melalui program pelestarian lingkungan through the Precious Metals Processing and Refinery Business
UBPP Logam Mulia bekerja sama dengan Taman Safari Indonesia Unit environmental preservation program in collaboration
(TSI). Pada 2019, ANTAM dan TSI berhasil menetaskan sebanyak with Taman Safari Indonesia (TSI). In 2019, ANTAM and TSI
11 telur untuk menjaga jumlah spesiesnya. successfully hatched 11 eggs to maintain the number of species.
Sedangkan program konservasi Jalak Putih, Perusahaan While the Jalak Putih conservation program, the Company
melaksanakan di Unit Bisnis Pertambangan Emas, Bogor, Jawa implements it in the Gold Mining Business Unit, Bogor, West
Barat. Program strategis ini sudah dilakukan sejak tahun 2013 Java. This strategic program has been carried out since 2013
dengan melakukan inbreeding and re-introduction sebanyak by conducting inbreeding and re-introduction of 40 White
40 ekor anakan Jalak Putih (Sturnus Melanopterus). Satwa Starling (Sturnus Melanopterus) puppies. This endemic animal
endemik di Jawa Barat ini dilindungi UU Nomor 5/1990, in West Java is protected by Law Number 5/1990, and Minister
dan Peraturan Menteri Lingkungan Hidup dan Kehutanan of Environment and Forestry Regulation Number P.106/MENLHK/
Nomor P.106/MENLHK/SETJEN/KUM.1/12/2018, yang pada SETJEN/KUM.1/12/2018, which in 2012 were “Critically
tahun 2012 berstatus “Critically Endangered” oleh IUCN Endangered” by IUCN (International Union for Conservation
(International Union for Conservation of Nature Resource). of Nature Resources). The conservation program of ANTAM’s
Program konservasi hasil kerja sama ANTAM dengan Yayasan collaboration with the Cikananga Integrated Conservation
Cikananga Konservasi Terpadu berhasil meningkatkan populasi Foundation has succeeded in increasing the population of
jalak putih di area in breeding (konservasi Insitu) Taman Nasional white starlings in the in-breeding area (conservation of Insitu)
Gunung Halimun Salak (TNGHS). Saat ini tercatat keberadaan of the Mount Halimun Salak National Park (TNGHS). Currently
jumlah populasi teramati sebanyak 72 individu di alam liar there are 72 populations of individuals observed in the wild
di sekitar UBP Emas atau 1,22% peningkatan dari periode around Gold Mining Business Unit or 1.22% increase from the
sebelumnya. Angka ini berhasil meningkatkan status hampir previous period. This figure has succeeded in raising the status of
kritis atau Critically Endangered oleh IUCN menjadi Partially almost critically or Critically Endangered by IUCN to be Partially
Succesfully. Succesfully.
Kegiatan pelestarian lingkungan lainnya disajikan di bagian Other environmental conservation activities are presented in the
Sub Bab Memberikan Manfaat Untuk Masyarakat di Laporan section Sub-section Providing Benefits to Communities in the
Keberlanjutan. Sustainability Report.
Uraian 2012 2013 2014 2015 2016 2017 2018 2019 Description
Populasi (Individu) 0 40 46 54 57 59 59 72 Population (Individual)
Peningkatan (%) 1,15 1,17 1,06 1,04 1 1,22 Enhancement (%)
Status IUCN Critical Endangered Partially succesfully IUCN Status
Sedangkan program konservasi ikan Napoleon dan transplantasi While the Napoleon fish conservation program and coral reef
terumbu karang dilaksanakan di Desa Hakatutobo, Kecamatan transplantation were carried out in Hakatutobo Village, Pomalaa
Pomalaa, Kabupaten Kolaka, Sulawesi Tenggara. Kegiatan District, Kolaka Regency, Southeast Sulawesi. This conservation
konservasi ini dimulai pada tahun 2016 dan masih berjalan activity began in 2016 and is still ongoing. This program also
hingga saat ini. Program ini juga turut bersinergi dengan synergizes with the people of Desa Hakatutobo. This location
masyarakat Desa Hakatutobo. Lokasi ini dipilih berdasarkan was chosen based on several considerations, namely: the coastal
beberapa pertimbangan yakni: wilayah pesisir dan lokasi teluk area and the location of the sopura bay are shaded and protected
sopura merupakan perairan teduh dan terlindung; dan bukan waters; and is not the main economic route traversed by large
merupakan jalur ekonomi utama yang dilalui oleh kapal besar, vessels, so it is very good for the conservation zone.
sehingga sangat baik untuk zona konservasi.
Nilai Absolut Perlindungan Keanekaragaman Hayati

Indikator Keberhasilan Program Absolute Value of Biodiversity Protection Satuan Indikator
No. Total
Indicator of Program Success Unit of Indicators
2014 2015 2016 2017 2018 2019
Metode Concrete Disk
0,0 0,4 1,2 1,4 1,7 2,3 7 Cm
Concrete Disk Method
1. Ikan Napoleon (Cheilinus undulatus) 1 1 1 2 2 2 9 Ikan (fish)
2. Perkembangan Kima (Hippopus) 4 4 7 7 12 12 45 Hippopus
Mekanisme Pengaduan tentang Masalah Complaints Mechanism about Environmental

Lingkungan Issues
Pemangku kepentingan yang ingin memperoleh informasi, Stakeholders who wish to obtain information, provide input,
memberikan masukan, ataupun mengajukan pengaduan or submit complaints regarding environmental issues related
mengenai masalah lingkungan yang terkait dengan ANTAM to ANTAM can contact, verbally or written, to the Company’s
dapat menghubungi, secara lisan maupun tertulis, ke alamat official address, official e-mail address corsec@antam.com or
resmi Perusahaan, e-mail resmi corsec@antam.com atau directly submitted to the relevant Business Unit/Unit.
langsung disampaikan kepada Unit/Unit Bisnis terkait.
ANTAM memiliki mekanisme pengaduan, prosedur, dan ANTAM has a complaint mechanism, procedures and
infrastruktur jika terjadi kebocoran limbah. Sistem tersebut infrastructure in the event of a waste leak. The system is needed
diperlukan untuk memitigasi insiden agar tumpahan tidak to mitigate incidents so that spills do not cause environmental
mengakibatkan pencemaran lingkungan yang berdampak pollution that has a negative impact on the surrounding
negatif pada masyarakat sekitar. Dalam praktiknya, pemantauan community. In practice, monitoring and evaluation of waste
dan evaluasi pengelolaan limbah juga dilakukan secara berkala management is also carried out regularly and reported regularly
dan dilaporkan secara rutin kepada manajemen dan instansi to management and related agencies. In 2019, there were no
terkait. Pada 2019, tidak terjadi tumpahan atau kebocoran significant B3 waste spills or leakages in all operational areas.
limbah B3 yang signifikan di seluruh wilayah operasional.
Adapun capaian pelaksanaan pengelolaan lingkungan dan The achievements of environmental management and the
dampak kuantitatif atas kegiatan operasional ANTAM seperti quantitative impact of ANTAM’s operational activities such as
penggunaan material dan energi yang ramah lingkungan dan the use of environmentally friendly and recyclable materials and
dapat didaur ulang, sistem pengolahan limbah perusahaan, energy, the company’s waste treatment system, the mechanism for
mekanisme pengaduan masalah lingkungan dan capaian complaints of environmental problems and other environmental
pengelolaan lingkungan lainnya serta perkembangannya dari management achievements and their development from year to
tahun ke tahun, disajikan dalam Laporan Keberlanjutan 2019 year, are presented in the Sustainability Report 2019 ANTAM in
ANTAM pada Bab Menjaga Lingkungan Tetap Lestari. Chapter Conserving Sustainable Environment.
Sertifikasi Bidang Lingkungan dan PROPER Environmental and PROPER Certification

Selain ANTAM Green Standard (AGS) sebagai dasar pelaksanaan Besides ANTAM Green Standard (AGS) as the basis for carrying
kegiatan operasional dalam aspek lingkungan, ANTAM juga out operational activities in environmental aspects, ANTAM also
beroperasi sesuai dengan standar praktik internasional di operates in accordance with international practice standards
bidang Sistem Manajemen Lingkungan, yaitu ISO 14001:2015. in the field of Environmental Management Systems, namely
Informasi lengkap mengenai sertifikat ISO 14001:2015 milik ISO 14001:2015. Detailed information about ANTAM’s ISO
ANTAM disajikan di bagian Sub Bab Sertifikasi pada Laporan 14001:2015 certificate is presented in the Certification Sub-
Tahunan ini. Chapter section of this Annual Report.
Komitmen ANTAM untuk terus menjaga kualitas lingkungan ANTAM’s commitment to continue to maintain the quality of
hidup dan melaksanakan praktik penambangan yang baik juga the environment and implement good mining practices is also
tercermin pada perolehan peringkat Program Penilaian Peringkat reflected in the ranking of the Company Performance Rating in
Kinerja Perusahaan dalam Pengelolaan Lingkungan (PROPER) Environmental Management (PROPER) program from the Ministry
dari Kementerian Lingkungan Hidup dan Kehutanan. Untuk of Environment and Forestry. For the 2018-2019 PROPER period,
periode PROPER 2018-2019, peringkat PROPER Hijau diperoleh the Green PROPER rating was obtained by Gold Mining Business
UBP Emas, UBPP Logam Mulia, dan UBP Bauksit Kalimantan Unit, Precious Metals Processing and Refinery Business Unit and
Barat, serta Entitas Anak Perusahaan, PT Cibaliung Sumberdaya, West Kalimantan Bauxite Mining Business Unit, as well as a
Subsidiary Entity, PT Cibaliung Sumberdaya, which in the previous

yang pada periode sebelumnya memperoleh PROPER Biru. period received Blue PROPER. Whereas Southeast Sulawesi Nickel
Sedangkan UBP Nikel Sulawesi Tenggara dan UBP Nikel Maluku Mining Business Unit and North Maluku Nickel Mining Business
Utara berhasil mempertahankan peringkat PROPER Biru. Unit managed to maintain the Blue PROPER rating. Certification
Adapun sertifikasi dan penghargaan bidang lingkungan lainnya and other environmental awards are presented in the Certification
disajikan di bagian Sub Bab Sertifikasi dan Sub Bab Penghargaan Sub-section and External Accolades and Recognition Sub-section
dan Pengakuan Eksternal pada Laporan Tahunan ini. of this Annual Report.
Dana & Investasi Lingkungan Environmental Funds & Investment

Setiap tahun, ANTAM mengalokasi dana untuk keperluan Every year, ANTAM allocates funds for the purposes of waste
pengelolaan limbah, pengendalian erosi dan sedimentasi, serta management, erosion and sedimentation control, as well as
reklamasi dan revegetasi. Selain itu, juga ada biaya-biaya untuk reclamation and revegetation. In addition, there are also costs
penelitian dan kerja sama dalam bidang lingkungan, aktivitas for research and cooperation in the field of environment,
pemantauan lingkungan, dan lain-lain. environmental monitoring activities, and others.
Pada tahun 2019, dana dan investasi lingkungan ANTAM In 2019, ANTAM’s environmental funds and investments
tercatat sebesar Rp145,82 miliar, naik 27% dari Rp114,85 miliar amounted to Rp145.82 billion, goes up 27% from Rp114.85
yang dikeluarkan di tahun 2018. billion spent in 2018.
TANGGUNG JAWAB SOSIAL TERKAIT PRAKTIK IMPLEMENTATION OF SOCIAL RESPONSIBILITIES

KETENAGAKERJAAN DAN K3 RELATED TO MANPOWER & OHS
Komitmen Ketenagakerjaan (Human Capital) Human Capital Management Commitment

Sebagai perusahaan berbasis sumber daya alam, ANTAM As a global natural resource-based company, ANTAM realizes
menyadari sumber daya manusia merupakan aset terpenting that human resources are the most important asset for the
bagi Perusahaan sehingga Keselamatan Pertambangan menjadi Company so that Mining Safety is ANTAM’s main responsibility.
tanggung jawab utama bagi ANTAM. Berbagai program Various mining safety programs are important for the Company
keselamatan pertambangan menjadi penting bagi Perusahaan to guarantee worker’s health and safety, mining safety, efficiency
untuk menjamin dan melindungi pekerja tambang agar and productivity of mining operational and also provide valuable
sehat dan selamat, menjamin dan melindungi operasional work experiences for all employees. To improve the competence
tambang yang aman, efisien dan produktif serta menghadirkan of ANTAM’s employees, Human Capital Masterplan is applied so
pengalaman kerja yang berharga bagi seluruh karyawan ANTAM. that employees can grow with the company, actualize the self-
Untuk meningkatkan kompetensi Insan ANTAM, Masterplan competence and achieve their goals.
Human Capital (HC) diterapkan agar senantiasa karyawan dapat
berkembang, mewujudkan potensi diri dan meraih cita-cita.
ANTAM senantiasa berkomitmen untuk mewujudkan zero ANTAM is always committed to achieve Zero Fatality of activity
fatality dalam menjalankan keselamatan pertambangan di mining safety in the Company’s operational area properly and in
wilayah operasional Perusahaan secara benar dan sesuai standar accordance with applicable standards and regulations. This is as
peraturan yang berlaku. Hal ini sebagai bentuk kesadaran ANTAM’s awareness of high risks related to mining safety for
ANTAM atas risiko tinggi terkait keselamatan pertambangan bagi workers and the Company’s assets in all mining, processing and
para pekerja maupun aset Perusahaan pada seluruh kegiatan transportation of metal minerals activities.
pertambangan, pengolahan, dan pengangkutan mineral logam.
Untuk mewujudkan komitmen tersebut, ANTAM To actualize this commitment, ANTAM continues to develop
mengembangkan dan menerapkan berbagai strategi, kebijakan various strategies, policies, and programs related to employment
dan program kerja terkait aspek ketenagakerjaan maupun and Occupational Health and Safety (OHS) namely:
Kesehatan & Keselamatan Kerja (K3), antara lain: • Collective Labor Agreement which is a manifestation
• Perjanjian Kerja Bersama (PKB) yang merupakan wujud of mutual trust and mutual respect between company
dari rasa saling percaya dan saling menghargai antara and employees in commitment to build constructive and
Perusahaan dan karyawan dalam komitmen bersama untuk transparent industrial relations.
menciptakan hubungan industrial yang konstruktif dan
transparan.
• Sistem Manajemen Keselamatan Pertambangan (SMKP) • Mining Health and Safety Management System Number
Nomor 923.K/09/DAT/2017, dengan kampanye utama 923.K/09/DAT/2017, with SUPER SAFE campaign as the
SUPERSAFE yang mencakup seluruh prinsip-prinsip umbrella program covering all occupational safety principles
keselamatan kerja di ANTAM. in ANTAM.
• Contractor Safety Management System (CSMS) sebagai • Contractor Safety Management System (CSMS) as a safety
kebijakan pengelolaan keselamatan pada mitra kerja/ management policy for work partners/contractors as one of
kontraktor sebagai salah satu komitmen untuk mewujudkan the commitments to achieve zero fatality.
zero fatality.
ANTAM memiliki pendekatan melalui dua sisi untuk mengembangkan ANTAM has a two-sided approach to develop ANTAM’s
Insan ANTAM. Pertama dengan meningkatkan kepercayaan antara employees. First by increasing trust between the Company and
Perusahaan dengan karyawan. Dengan adanya kepercayaan yang employees. With high trust from both parties, a harmonious
tinggi dari kedua belah pihak maka akan tercipta hubungan yang relationship will be created so it can improve the Company’s
harmonis sehingga mampu meningkatkan kinerja Perusahaan. Sisi performance. The second side is by increasing employee
yang kedua yakni dengan meningkatkan kompetensi karyawan competencies to achieve goals by providing training and
untuk mencapai sasaran dengan memberikan pelatihan dan career development and appropriate benefits in accordance
pengembangan karier serta manfaat yang layak sesuai dengan with industry standards. Furthermore, in addition to trust and
standar industri. Lebih lanjut, selain kepercayaan dan kompetensi, competence, innovation needed to improve the quality of
inovasi yang dibutuhkan untuk meningkatkan kualitas SDM adalah human resources is to foster a work ethic culture and high work
dengan memupuk budaya etos kerja dan motivasi kerja yang tinggi. motivation.
ANTAM melakukan berbagai upaya untuk memperoleh ANTAM implemented various efforts to get the best company
karyawan yang terbaik demi keberlangsungan Perusahaan; employees for the Company’s sustainability; starting from the
dimulai dari proses rekrutmen, penilaian kompetensi, penilaian recruitment process, competency assessment, performance
kinerja, Talent Management System, kesejahteraan pegawai, appraisal, Talent Management System, employee welfare,
hubungan industri, hingga pelatihan perencanaan purnakarya. industrial relations, to training and pre-retirement workshop
training.
Kesetaraan Gender dan Kesempatan Kerja Gender Equality and Employment Opportunity
ANTAM merupakan Perusahaan yang menjunjung tinggi dan ANTAM is a company that upholds and accepts diversity.
menghargai keberagaman. Perusahaan menentang diskriminasi The Company oppose discrimination of age, race, religion,
berdasarkan usia, ras, agama, jenis kelamin, dan kondisi fisik. gender, and physical condition. Embracing diversity in thought,
Merangkul keberagaman dalam pemikiran, latar belakang, suku background, ethnicity and culture in our operations is very
dan budaya yang ada dalam operasional Perusahaan sangat important for the Company’s sustainability considering that the
penting bagi keberlanjutan Perusahaan, mengingat wilayah Company’s operational areas are spread across various regions
operasional Perusahaan tersebar di berbagai wilayah Indonesia, of Indonesia, from western Indonesia to eastern Indonesia so
dari Indonesia bagian barat sampai Indonesia bagian timur that ANTAM has varied diversity.
sehingga ANTAM memiliki keberagaman yang variatif.
ANTAM menjamin proses rekrutmen karyawan dilakukan secara ANTAM guarantee that the employee recruitment process
meritrokrasi, adil, terbuka, dan berdasarkan kualifikasi yang is conduct by meritocracy, fair, open, and according to the
dibutuhkan Perusahaan. ANTAM pun memegang teguh prinsip qualifications needed by the Company. ANTAM also hold
kemanusiaan dan memastikan tidak adanya praktik diskriminasi humanitarian principles and ensure that no discriminatory
dalam segala kegiatan usaha dan di seluruh wilayah operasional practices in business activities and all ANTAM’s operational area.
ANTAM.
Perusahaan berkomitmen untuk turut serta memberdayakan The Company is committed to participate empower of regional/
dan mengembangkan potensi daerah terutama di area local potential especially in ANTAM’s mining area by opening
pertambangan ANTAM dengan membuka kesempatan kepada chance to local workers to be part of ANTAM’s family. In
tenaga kerja lokal untuk menjadi bagian dalam keluarga addition, the Company also open up employment opportunities
ANTAM. Bahkan, Perusahaan juga membuka kesempatan kerja for people who are not from ANTAM’s operational areas such
bagi masyarakat yang bukan berasal dari wilayah operasional as Papua. Recruitment of local workers is carried out in the
ANTAM seperti Papua. Perekrutan tenaga kerja lokal dilakukan selection process with qualifications that are in line with equal
dalam proses seleksi dengan kualifikasi yang sesuai dengan competence.
kompetensi yang setara.

Pada tahun 2019, ANTAM melakukan rekrutmen dengan In 2019, ANTAM recruited 390 employees. The largest
menerima pegawai mencapai 390 orang. Rekrutmen terbesar recruitment was carried out at the North Maluku Nickel Mining
dilakukan di UBP Nikel Maluku Utara karena kebutuhan untuk Business Unit due to the need for factory construction in North
pembangunan pabrik di Maluku Utara. Sementara itu jumlah Maluku. Meanwhile the number of employees leaving ANTAM
pegawai yang keluar dari ANTAM sebanyak 31 orang. as many as 31 people.
ANTAM juga memastikan setiap entry level yang menjadi ANTAM also ensures that every entry level that becomes an
pegawai ANTAM menerima remunerasi yang sesuai dengan employee of ANTAM receives remuneration in accordance
Upah Minimum Regional (UMR) 100%. Bahkan di UBP Bauksit with the Regional Minimum Wage (UMR) of 100%. Even in
Kalimantan Barat tingkat perbandingan upah entry level dengan West Kalimantan Bauxite Mining Business Unit, the level of
UMR mencapai 166%. comparison of entry level wages with UMR reaches 166%.
Hingga tahun 2019, komposisi pegawai ANTAM masih Until 2019, the composition of ANTAM’s employees was still
didominasi oleh karyawan laki-laki sebanyak 90,96% dari dominated by male employees as much as 90.96% of the total
total pegawai, namun angka tersebut menurun dari tahun employees, but that number declined from the previous year
sebelumnya yakni sebesar 91,2%. Besarnya dominasi karyawan which was 91.2%. The large dominance of male employees is
laki-laki ini disebabkan core dari kegiatan usaha pertambangan due to the core of ANTAM’s mining business activities which
ANTAM yang banyak beraktivitas di area tambang bawah tanah have a lot of activities in the underground mining area and the
dan adanya ketentuan mengenai pekerja tambang perempuan provision of female mining workers who are not allowed to do
yang tidak boleh melakukan pekerjaan dalam tambang di bawah work in underground mines. This provision has been regulated
tanah. Ketentuan ini telah diatur dalam Keputusan Menteri in Minister of Mines and Energy Decree Number 555.K/26/M/
Pertambangan dan Energi Nomor 555.K/26/M/PE/1995 Pasal 26 PE/1995 Article 26 Paragraph (2) and supported by ILO
Ayat (2) dan didukung dengan ILO Convention Nomor 45. Convention Number 45.
Kendati demikian, ANTAM tetap tidak membedakan besarnya Nevertheless, ANTAM still does not differentiate the amount
upah yang diberikan kepada karyawan laki-laki dan perempuan. of wages given to male and female employees. Regarding
Terkait remunerasi bagi karyawan laki-laki dan perempuan, remuneration for male and female employees, corporate policy
kebijakan Perusahaan telah dirancang untuk memberikan nilai has been designed to provide equal compensation values f or men
kompensasi yang sama untuk laki-laki maupun perempuan yang and women determined based on contributions, competencies,
ditentukan berdasarkan kontribusi, kompetensi, kapabilitas, dan capabilities, and experience.
pengalaman.
Pengembangan Karyawan Employee Development

Setiap karyawan ANTAM memiliki hak untuk terus Every ANTAM employee has the right to continue developing
mengembangkan potensi, kreativitas, dan produktivitas mereka their potential, creativity and productivity within the scope of the
di dalam lingkup kegiatan usaha Perusahaan. Untuk itu, ANTAM Company’s business activities. Therefore, ANTAM has a Learning
memiliki Unit Learning and Development untuk mengelola and Development Unit to manage all employee training,
seluruh program pelatihan, pengembangan, dan pendidikan development and education programs.
pegawai.
Secara umum, program-program pengembangan karyawan In general, employee development programs can be classified
dapat dikelompokkan sebagai ANTAM Leadership Development as ANTAM Leadership Development Program (ALDP), ANTAM
Program (ALDP), ANTAM Functional Development Program Functional Development Program (AFDP), and ANTAM General
(AFDP), dan ANTAM General Development Program (AGDP). Development Program (AGDP). ANTAM also has a Pre-Retirement
ANTAM juga memiliki program Pelatihan Pra-Purnabakti untuk Training program for employees aged 50-55 years, to provide
karyawan berusia 50-55 tahun, untuk membekali mereka secara them practically and mentally in retirement.
praktikal maupun mental dalam memasuki masa pensiun.
Pada tahun 2019, ANTAM telah melaksanakan berbagai In 2019, ANTAM has carried out various training and employee
program pelatihan dan pengembangan karyawan dengan total development programs with a total cost of Rp57.66 billion,
biaya sebesar Rp57,66 miliar yang diikuti oleh 2.137 orang attended by 2,137 participants.
peserta.
Kebebasan Berserikat The Freedom of Union

Kebebasan berserikat bagi pegawai merupakan amanat langsung Freedom of union for employees is a direct mandate of Law
Undang-undang Nomor 21 Tahun 2000 Tentang Serikat Pekerja/ Number 21 of 2000 concerning trade unions/labor unions
Serikat Buruh dan keputusan International Labour Organization and the decision of the International Labor Organization (ILO)
(ILO) Convention Nomor 87 yang menjamin kebebasan semua Convention Number 87 which guarantees the freedom of all
pekerja untuk bergabung ke dalam organisasi pekerja yang workers to join professionally managed workers’ organizations
dikelola secara profesional sebagai sarana penghubung antar as a means of liaising between workers and companies to create
pekerja dan perusahaan untuk menciptakan hubungan industrial harmonious and mutually beneficial industrial relations.
yang harmonis dan saling menguntungkan.
Perusahaan mendukung penuh kebebasan pegawai ANTAM ANTAM fully supports the freedom of employees to gather,
untuk berkumpul, berserikat, dan berpendapat dalam organize and argue in establishing industrial relations through
menjalin hubungan industrial melalui serikat pekerja. Serikat employee union. The employee union is a forum for ANTAM
pekerja menjadi wadah komunikasi bagi Insan ANTAM dalam Employees in communicating to fellow employees in the Mining
berkomunikasi sesama karyawan di industri pertambangan. Industry. All ANTAM employees who are employees who are
Seluruh Insan ANTAM yang berstatus pegawai baik yang members of trade unions and non-unions are protected by their
menjadi anggota serikat pekerja maupun non-serikat terlindungi interests in the Collective Labor Agreement registered with the
kepentingannya dalam Perjanjian Kerja Bersama yang terdaftar Indonesian Ministry of Manpower c.q. Directorate General of
pada Kementerian Ketenagakerjaan RI c.q. Direktorat Jenderal Industrial Relations Development and Workers’ Social Security
Pembinaan Hubungan Industrial dan Jaminan Sosial Tenaga based on Decree Number 271/PHIJSK-PK/PKB/XII/2019 dated
Kerja berdasarkan SK Nomor 271/PHIJSK-PK/PKB/XII/2019 December 13, 2019. In 2019, the number of ANTAM employees
tanggal 13 Desember 2019. Pada tahun 2019, jumlah pegawai in the trade union was 2,564 people consisting of 356 people in
ANTAM yang tergabung dalam serikat pekerja berjumlah 2.564 the All Indonesia Workers Union (SPSI) and 2,208 in Persatuan
orang yang terdiri dari 356 orang di Serikat Pekerja Seluruh Pegawai Aneka Tambang (PERPANTAM).
Indonesia (SPSI) dan 2.208 di Persatuan Pegawai Aneka Tambang
(PERPANTAM).
Data dan informasi lebih rinci mengenai pengelolaan sumber More detailed data and information on ANTAM’s human resource
daya manusia ANTAM disajikan dalam Laporan Keberlanjutan management is presented in ANTAM’s 2019 Sustainability Report
2019 ANTAM dan di bagian Sub Bab Pengelolaan Human and in Sub-section of Human Capital Management of this 2019
Capital dalam Laporan Tahunan 2019 ini. Annual Report.
Kesehatan & Keselamatan Kerja Occupational Health and Safety (OHS)

Menyadari bahwa aktivitas penambangan, pengolahan dan Realizing that mining, processing and transportation of metal
pengangkutan mineral logam memiliki karakteristik risiko yang minerals has high risk characteristics, ANTAM always puts the
tinggi, ANTAM senantiasa menempatkan aspek Kesehatan Occupational Health & Safety (OHS) aspect as the main priority in
& Keselamatan Kerja (K3) sebagai prioritas utama di seluruh all of its operational activities. Therefore, ANTAM is committed to
kegiatan operasionalnya. Untuk itu, ANTAM berkomitmen conducting safe and efficient operations that can guarantee the
untuk menyelenggarakan kegiatan operasi yang aman dan health and safety of the Company’s employees and contractor
efisien yang dapat menjamin kesehatan dan keselamatan para workers who work in ANTAM’s operational areas.
karyawan Perusahaan maupun pekerja kontraktor yang bekerja
di wilayah operasional ANTAM.
Komitmen ANTAM terhadap kegiatan operasional yang ANTAM’s commitment to safe and efficient operational activities
aman dan efisien mencakup aspek-aspek keselamatan kerja, covers aspects of work safety, including the safety of mining
termasuk keselamatan operasi pertambangan, kesehatan operations, occupational health and the work environment.
kerja, dan lingkungan kerja. Komitmen tersebut diwujudkan This commitment is realized through, the implementation of
melalui, antara lain, penerapan Kebijakan Sistem Manajemen the Mining Safety Management System (SMKP) Policy and the
Keselamatan Pertambangan (SMKP) dan kebijakan Contractor Contractor Safety Management System (CSMS) policy.
Safety Management System (CSMS).
Dalam penerapan kebijakan-kebijakan tersebut, ANTAM In implementing these policies, ANTAM relies mainly on the
terutama mengandalkan pada Safety Committee yang Safety Committee, which consists of ANTAM management
beranggotakan manajemen dan karyawan ANTAM, untuk and employees, to conduct oversight and evaluation of OHS

melakukan pengawasan dan evaluasi atas pengelolaan K3 di management in business units/units, as well as to the workforce
Unit/Unit Bisnis, serta atas tenaga kerja kontraktor, atau mitra of contractors, or work partners and guests who work in
kerja dan tamu yang bekerja di area operasional. Pada tahun operational areas. In 2019, there were 223 people who joined
2019, tercatat sebanyak 223 orang yang bergabung dalam the mining safety committee members in all business units/units.
anggota komite keselamatan pertambangan di seluruh Unit/
Unit Bisnis.
Kampanye menuju zero fatality di ANTAM didukung oleh budaya The campaign towards zero fatality at ANTAM is supported by
keselamatan kerja SUPER SAFE, yaitu 8 prinsip dalam rangka the SUPER SAFE of work safety culture, which is 8 principles
menjamin pekerja tambang sehat dan selamat serta operasional in order to ensure healthy and safe, also safe and efficient for
tambang yang aman, efisien serta produktif. Di tahun 2019, mining workers, efficient and productive mining operations. In
ANTAM meluncurkan aplikasi MOBILE SUPER SAFE, sebagai 2019, ANTAM launched the MOBILE SUPER SAFE application,
sebuah aplikasi terbatas bagi karyawan ANTAM yang dirancang as a limited application for ANTAM employees specifically
khusus untuk meningkatkan budaya keselamatan pertambangan designed to improve mining safety culture through reporting
melalui pelaporan tindakan tidak aman, kondisi tidak aman, dan of unsafe actions, unsafe conditions, and near miss in ANTAM’s
near miss di lingkungan ANTAM. Selain keselamatan di tempat environment. In addition to safety at work, ANTAM also has
kerja, ANTAM juga telah memiliki program kesehatan karyawan employee health programs that primarily aim at preventing
yang terutama bertujuan untuk pencegahan berbagai penyakit various diseases that can result in death.
yang dapat berakibat kematian.
Pada tahun 2019, ANTAM mencatat 5 (lima) kasus kecelakaan In 2019, ANTAM recorded 5 (five) accident cases with a Frequency
dengan Frequency Rate 0,17. Angka tersebut masih dalam batas Level of 0.17. This figure is still within the limits specified
toleransi Frequency Rate tahun 2019 yaitu sebesar 0,30. Namun, Frequency Level in 2019 which is equal to 0.30. However, this
tahun ini terjadi 1 (satu) kecelakaan yang mengakibatkan fatal year 1 (one) fatal accident occurred at West Kalimantan Bauxite
di UBP Bauksit Kalimantan Barat di area mine out yang dialami Mining Business Unit in the mining area which was happened to
karyawan mitra kontraktor ANTAM ketika melakukan perbaikan employee of ANTAM’s contractor partners. As a result of the fatal
buldozer. Akibat kecelakaan fatal tersebut, Severity Rate ANTAM accident, ANTAM’s Severity Level in 2019 increased to 204,02.
pada tahun 2019 meningkat menjadi 204,02.
Peningkatan angka Severity Rate tahun 2019 terjadi akibat The increase in the Severity Rate in 2019 was due to a serious
kecelakaan berat yang menimpa karyawan mitra kerja ANTAM. accident that happened to ANTAM’s partner employees. Two
Dua kasus terjadi di UBP Nikel Sulawesi Tenggara yang dialami cases occurred in Southeast Sulawesi Nickel Mining Business
karyawan mitra kontraktor ANTAM pada pembangunan cooling Unit was happened to ANTAM’s contract partner employees in
tower Feni 2 dan pada pekerjaan pelumasan rel TMT. Sedangkan the construction of the Feni 2 cooling tower and on the TMT
satu kasus terjadi di UBP Nikel Maluku Utara pada Proyek rail lubrication work. While one case occurred in the North
Pembangunan Pabrik Feni Haltim (P3FH) yang juga menimpa Maluku Nickel Mining Business Unit in the Feni East Halmahera
karyawan mitra kontraktor Perusahaan. Ferronickel Plant Development Project (P3FH) which also
happened to employees of the Company’s contractor partners.
Melihat tren kinerja K3 dan hasil investigasi atas insiden-insiden Looking at the K3 performance trends and the results of
tersebut, ANTAM melakukan evaluasi sebagai langkah perbaikan investigations into these incidents, ANTAM conducts an
agar ke depannya tidak terjadi insiden serupa terutama insiden evaluation as a corrective measure so that in the future similar
berakibat fatal, baik yang melibatkan karyawan ANTAM maupun incidents will not occur, especially fatal incidents, involving both
karyawan mitra kontraktor, antara lain: ANTAM employees and contractor partner employees, including:
• Melakukan tinjauan ulang terhadap sistem pengelolaan • Reviewing the existing mining safety management system,
keselamatan pertambangan yang sudah berjalan, khususnya particularly the core mining service companies and non-core
perusahaan jasa pertambangan inti serta perusahaan jasa mining service companies in units, business units, projects
pertambangan non-inti di unit, unit bisnis, proyek, dan anak and subsidiaries.
perusahaan. • Re-evaluate all Operational Responsibilities of mining service
• Melakukan evaluasi kembali kepada seluruh Penanggung companies regarding Mining Safety and the Environment
Jawab Operasi (PJO) perusahaan jasa pertambangan operating in units, business units, projects and subsidiaries.
tentang Keselamatan Pertambangan dan Lingkungan yang
beroperasi di unit, unit bisnis, proyek, dan anak perusahaan.
• Apabila hasil dari PJO dinyatakan tidak kompeten, maka • If the results of the PJO are declared incompetent, the
Direktur Utama Perusahaan wajib mengganti PJO sesuai President Director of the Company is required to replace the
peraturan yang berlaku. PJO in accordance with applicable regulations.
• Melakukan tinjauan kembali seluruh Standar Operasional • Review all Standard Operating Procedures (SOP) and Work
Prosedur (SOP) dan Instruksi Kerja (IK) di setiap satuan kerja Instructions (WI) in each work unit and identify all forms of
serta mengidentifikasi seluruh bentuk pekerjaan harus work that must have SOPs and WIs and be disseminated to
memiliki SOP dan IK serta disosialisasikan kepada seluruh all workers in units, business units, projects and subsidiaries.
pekerja di unit, unit bisnis, proyek, dan anak perusahaan • Provide trainers who have competence in their fields who
• Menyediakan tenaga trainer yang memiliki kompetensi can provide education and training to new workers, workers
di bidangnya yang dapat memberikan pendidikan dan with new assignments and refreshment to workers regularly
pelatihan kepada pekerja baru, pekerja dengan tugas baru at least once a year.
serta melakukan refreshment kepada pekerja secara berkala
minimal 1 (satu) kali setahun.
Informasi lebih rinci tentang kinerja K3 ANTAM dapat dilihat More detailed information about ANTAM’s OHS performance
dalam Laporan Keberlanjutan 2019 ANTAM. can be seen in ANTAM’s 2019 Sustainability Report.

Mekanisme Pengaduan mengenai Kondisi Kerja Working Conditions Complaint Mechanism
Jika terdapat ketidakpuasan terhadap hubungan kerja, syarat- If there is dissatisfaction with the employment relationship,
syarat kerja, dan keadaan ketenagakerjaan, serta perlakuan terms of employment, and employment conditions, as well as
yang tidak sesuai dengan peraturan yang berlaku, pegawai yang treatment that is not in accordance with applicable regulations,
bersangkutan berhak mengajukan keluhannya dengan cara the employee concerned has the right to submit his complaint
mengisi formulir keluh kesah. by filling out a complaint form.
Mekanisme penyampaian Keluh Kesah Pegawai (pengaduan The mechanism for submitting employee complaints
ketenagakerjaan) dilakukan secara berjenjang melalui atasan (employment complaints) is carried out in stages through
pegawai dan Divisi Human Capital Management/Industrial employee superiors and Human Capital Management Division/
Relations Bureau, Serikat Pekerja dan mekanisme Bipartit Industrial Relations Bureau, Labor Unions and the Bipartite
dengan menyerahkan formulir keluh kesah. Hal ini sesuai mechanism by submitting complaint forms. This is in accordance
dengan ketentuan yang diatur dalam Perjanjian Kerja Bersama with the provisions stipulated in the Collective Labor Agreement
(PKB) yang disusun oleh Manajemen ANTAM dan Serikat Pekerja prepared by ANTAM’s Management and ANTAM’s Labor Unions.
ANTAM.
TANGGUNG JAWAB SOSIAL PERUSAHAAN IMPLEMENTATION OF SOCIAL RESPONSIBILITY TO

TERHADAP KONSUMEN CONSUMERS
ANTAM melaksanakan aktivitas pemasaran dan penjualan kepada ANTAM conducts marketing and sales activities to customers
pelanggan-pelanggan baik dari dalam negeri ataupun diekspor both domestically and exported to overseas. The company
ke luar negeri. Perusahaan menyadari bahwa pelanggan adalah realizes that customers are key stakeholders who play a key
pemangku kepentingan yang memegang peranan penting role in business sustainability, therefore ANTAM always pays
bagi keberlanjutan usaha, oleh karenanya ANTAM senantiasa attention to the quality of products produced in the production
memperhatikan kualitas produk yang dihasilkan dalam proses process to always maintain customer satisfaction.
produksi untuk selalu menjaga kepuasan pelanggan.
Dalam hal pemenuhan kebutuhan produk pelanggan, ANTAM In terms of meeting customer product needs, ANTAM has
memiliki kompetensi dari sisi kualitas, harga, keandalan competence in terms of quality, price, delivery reliability and the
pengiriman dan kemampuan perusahaan untuk menyediakan company’s ability to provide minerals when and when needed
mineral ketika dan bila diperlukan oleh konsumen. ANTAM by consumers. ANTAM always makes best efforts to guarantee
senantiasa melakukan upaya terbaik dalam menjamin kualitas product quality before supplying various products to customers.
produk sebelum memasok berbagai produk ke pelanggan.


ANTAM senantiasa berkomitmen untuk memperhatikan kualitas ANTAM is committed to pay attention to the quality of products
produk yang dihasilkan dalam proses produksi guna mencapai generated in order to achieve customer satisfaction. ANTAM
kepuasan pelanggan. ANTAM menyadari bahwa pelanggan is aware that the customers are the stakeholders who play an
adalah pemangku kepentingan yang memegang peranan important role in business sustainability.
penting bagi keberlanjutan usaha.
ANTAM menerapkan sistem manajemen mutu terpadu sebagai ANTAM implements an integrated quality management system
bagian dari pengendalian kualitas produk terhadap konsumen as part of the products’ quality control to consumers, which is the
yang merupakan hasil dari serangkaian kegiatan proses produksi result of a series of production process activities in accordance
sesuai dengan standar internasional pada setiap tahapan with international standards, performed on every production
kegiatan produksi maupun distribusi. and distribution activities.
Untuk pengendalian kualitas atas produk dan jasa yang Quality control of products and services produced by ANTAM
dihasilkan, ANTAM mendapatkan sertifikasi ISO 9001 di seluruh has obtained the ISO 9001 certification throughout Units/
Unit/Unit Bisnis. Selain itu ANTAM juga memperoleh akreditasi Business Units. ANTAM also obtained the accreditation of testing
laboratorium penguji sesuai standar ISO 17025 yang diterbitkan laboratories according to the ISO 17025 standard issued by the
Komite Akreditasi Nasional (KAN) untuk laboratorium UBPP National Accreditation Committee (KAN) for Precious Metal
Logam Mulia dan UBP Nikel Maluku Utara. Processing and Refinery Business Unit as well as North Maluku
Nickel Mining Business Unit laboratories.
ANTAM juga satu-satunya Perusahaan di Indonesia yang memiliki ANTAM is also the only precious metal producer in Indonesia that
pabrik pengolahan dan pemurnian emas yang tersertifikasi has received the Good Delivery accreditation from the London
London Bullion Market Association (LBMA) guna menjaga Bullion Market Association (LBMA) with reliable level of purity.
kualitas kepastian berat dan kemurnian produk emas Logam ANTAM also received the REACH (Registration, Evaluation,
Mulia ANTAM di mata konsumen baik di dalam maupun luar Authorization and Restriction of Chemicals) certificate from
negeri. Selain itu, ANTAM juga merupakan salah satu produsen the European Union on the utilization of safe chemicals in the
terkemuka feronikel di tingkat global yang memperoleh sertifikat ferronickel processing cycle.
REACH (Registration, Evaluation, Authorisation and Restriction
of Chemicals) dari Uni Eropa mengenai penggunaan bahan
kimia yang aman dalam siklus pengolahan feronikel.
Sesuai dengan visi menjadi korporasi global terkemuka, In line with the vision of becoming a leading global corporation,
pelanggan ANTAM tersebar luas baik domestik maupun ANTAM’s customers are widely spread both domestically and
internasional. Untuk menjaga kepuasan pelanggan, ANTAM internationally. To maintain customer satisfaction, ANTAM
melakukan survei berkala dalam rangka melihat tingkat kepuasan conducts periodic surveys in order to see the level of customer
pelanggan. Hasil survei pada tahun 2019 menunjukkan tingkat satisfaction. The survey results in 2019 showed Ferronickel’s
kepuasan pelanggan Ferronickel (Customer Satisfaction Index customer satisfaction (index) reached 105% and Gold customer
Ferronickel) mencapai 105% dan kepuasan pelanggan Emas satisfaction (index) reached 96.5%.
(Customer Satisfaction Index Gold) mencapai 96,5%.
Menjamin Kualitas Produk Guarantee Product Quality

Dalam proses penjualan, ANTAM menyediakan dan menjamin In the sales process, ANTAM provides and guarantees that
bahwa komoditas yang didistribusikan sesuai dengan spesifikasi the commodities distributed are in accordance with the
dan kuantitas yang telah disepakati dengan pembeli. ANTAM specifications and quantity agreed with the buyer. ANTAM will
akan melakukan sampling, pengujian kadar, dan penentuan conduct sampling, grade testing, and determine the levels of
kadar atas komoditas sebelum didistribusikan kepada pembeli commodities before they are distributed to buyers according to
sesuai dengan metode standar internasional. international standard methods.
Khusus untuk komoditas nikel dan bauksit, pembeli berhak Specifically for nickel and bauxite commodities, the buyer has
hadir atau melakukan penunjukan surveyor independent the right to attend or appoint an independent surveyor to
untuk melakukan pengawasan pada saat ANTAM melakukan conduct surveillance during ANTAM’s sampling, grade testing
proses sampling, pengujian kadar, dan penentuan kadar untuk and grade determination to ensure that international methods
memastikan bahwa metode internasional telah dilaksanakan. are implemented. The results of this analysis are final as the basis
Hasil analisa ini bersifat final sebagai dasar transaksi pembayaran. for payment transactions.
Mekanisme Pengaduan Konsumen Consumer’s Complaints Mechanism

Untuk menerima masukan dari pelanggan dan konsumen To receive input from customers and consumers of ANTAM
produk ANTAM, tersedia mekanisme pengaduan konsumen products, the following consumer complaint mechanisms are
sebagai berikut: available:
a. Untuk pengaduan atas produk nikel, ferronikel, alumina a. For complaints on nickel, ferronickel, alumina and bauxite
serta bauksit dapat disampaikan melalui surat resmi melalui products, it can be submitted by official letter through
Divisi Base Metals Sales & Marketing, Kantor Pusat ANTAM, the Base Metals Sales & Marketing Division, ANTAM Head
Jl. TB. Simatupang No. 1-Lingkar Selatan, Tanjung Barat Office, Jl. TB. Simatupang No. 1-Lingkar Selatan, Tanjung
12530 atau melalui e-mail ke corsec@antam.com. Barat 12530 or via e-mail to corsec@antam.com.
b. Untuk pengaduan atas produk Logam Mulia dapat b. For complaints regarding Logam Mulia products, it can be
disampaikan melalui website Logam Mulia www. submitted through Logam Mulia website www.logammulia.
logammulia.com, melalui UBPP Logam Mulia: Gedung com, through the Precious Metals Processing and Refinery
Graha Dipta, Jl. Pemuda No. 1, Pulogadung, Jakarta Business Unit: Graha Dipta Building, Jl. Pemuda No. 1,
Timur, Telepon (021) 29980900, melalui e-mail di Pulogadung, East Jakarta, Telephone (021) 29980900, via
infolm@antam.com atau langsung melalui butik-butik e-mail at infolm@antam.com or directly through ANTAM’s
Logam Mulia ANTAM di seluruh Indonesia. Precious Metals boutiques throughout Indonesia.
Tanggung Jawab Sosial Perusahaan terkait Implementation of CORPORATE SOCIAL

Pengembangan Sosial & Kemasyarakatan Responsibilities Related to Social &
Community Development
Dengan cakupan wilayah operasional yang tersebar di wilayah By launching operational areas that are spread throughout
Indonesia, ANTAM selalu berupaya untuk mendukung terciptanya Indonesia, ANTAM always proposes support for the communities
masyarakat di sekitar wilayah operasi yang sejahtera dan mandiri. in operating area it creates in a prosperous and independent.
Oleh karena itu, ANTAM berkomitmen agar setiap kegiatan Therefore, ANTAM promises that every exploration, development
eksplorasi, pengembangan dan operasional yang dilakukan and operational activity carried out by the Company can
Perusahaan dapat membawa kemajuan bagi lingkungan sekitar. bring progress to the environment. Likewise with post-mining
Begitu pula dengan perencanaan pascatambang, dokumen planning, the Mine Closure Plan document prepared and
Rencana Penutupan Tambang (RPT) yang disiapkan dan dilengkapi completed by related parties is one form of the Company
persetujuan pihak-pihak terkait merupakan salah satu bentuk support to encourage regional independence by strengthening
upaya Perusahaan untuk mendorong kemandirian wilayah dengan the potential of local communities with the development agenda
menguatkan potensi masyarakat lokal sejalan dengan agenda carried out by the Regional Government. Therefore, in planning
pembangunan yang diusung oleh Pemerintah Daerah. Maka community development programs, ANTAM collaborate with
dari itu, dalam merencanakan program-program pengembangan local governments and stakeholders, including local communities
masyarakat ANTAM berkolaborasi dengan Pemerintah Daerah
dan pemangku kepentingan, termasuk masyarakat setempat.

Sesuai dengan strategi CSR ANTAM, dukungan terhadap In accordance with ANTAM’s CSR strategy, support for
pengembangan masyarakat secara sosial dan ekonomi community development, and economic support in the second
tercantum dalam komitmen yang kedua yakni Masyarakat commitment, Prosperous and Independent Communities. For
Sejahtera dan Mandiri. Untuk itu, ANTAM mengimplentasikan this reason, ANTAM implements the Sustainable Community
Program Pengembangan Masyarakat Berkelanjutan (PPMB), Development Program, focusing on three categories, namely:
dengan fokus pada tiga kategori yaitu: Program Community Community Development Program, Partnership and Community
Development, Program Kemitraan dan Bina Lingkungan (PKBL), Stewardship Program, and Postmining Activities.
dan Kegiatan Pascatambang.
Pelaksanaan ketiga kategori program tersebut diharapkan The implementation of the three program categories is expected
dapat membawa manfaat bagi masyarakat melalui pemenuhan to bring benefits to the community through the fulfillment of
beberapa aspek pelibatan masyarakat yaitu community relations, several aspects of community engagement, namely community
community services, dan community empowerment. relations, community services, and community empowerment.
Kegiatan CSR Perusahaan mengacu pada masterplan CSR The CSR activities of the Company refer to the Corporate CSR
Perusahaan yang dijabarkan lebih lanjut dalam program master plan that further explained in the work program of the
kerja Divisi Corporate Social Responsibility. Program kerja Corporate Social Responsibility Division. The work program

tersebut ditetapkan dalam Sistem Manajemen Kinerja (SMK) as referred to in the Performance Management System is
yang penetapannya disetujui oleh Direksi. Evaluasi terhadap determined by the Board of Directors. Evaluation of the
pelaksanaan SMK tersebut dilakukan oleh manajemen setiap implementation of the Performance Management System is
triwulan. conducted by management every quarter.
Selama tahun 2019, ANTAM menyalurkan biaya CSR yang During 2019, ANTAM distributed CSR costs budgeted by
dianggarkan oleh perusahaan sebesar Rp107,17 miliar untuk the company amounting to Rp107.17 billion for community
program community development guna menjalankan program- development programs to run programs in the field of Social
program bidang Sosial Budaya, Pengembangan Ekonomi Lokal, Culture, Local Economy Development, Education, Health,
Pendidikan, Kesehatan, Konservasi dan Rehabilitasi Lingkungan, Environmental Conservation and Rehabilitation, and Institutional
serta Penguatan Kapasitas Kelembagaan baik di wilayah Kantor Capacity Strengthening both in the Head Office area and
Pusat dan Unit/Unit Bisnis ANTAM, serta program pendukung ANTAM’s Business Unit/Units, as well as other supporting
lainnya. programs
Risiko Sosial Perusahaan Corporate Social Risk

Sebagai Perusahaan yang memiliki operasi yang bersinggungan As a company that has operations that are in contact with the
dengan masyarakat, ANTAM memiliki risiko sosial antara lain: community, ANTAM has social risks including:
Risiko Sosial Penanganan Risiko

No.
Social Risk Risk Treatment
1. Penyampaian pendapat oleh suatu kelompok atau organisasi 1. Koordinasi dan komunikasi secara intens dan berkala kepada
kemasyarakatan yang kontennya tidak sesuai dengan factual issue Stakeholder Pemerintah Daerah, Media, Lembaga Swadaya Masyarakat
Perusahaan dan Masyarakat sekitar
2. Rutin melaksanakan stakeholder mapping
Submission of opinions by a group or community organization whose 1. Intensive and periodic coordination and communication with local
content is not in accordance with the Company's factual issue. government stakeholders, the media, NGOs and surrounding
communities.
2. Routinely carrying out stakeholder mapping
2. Potensi adanya pencemaran lingkungan yang diakibatkan aktivitas Peningkatan frekuensi pengamanan daerah operasional UBP Emas bekerja
Penambang Emas Tanpa Izin (PETI) sama dengan pihak Pengamanan
Potential environmental pollution caused by the activities of Unlicensed Increasing the frequency of securing the operational area of Gold Mining
Gold Miners (PETI) Business Unit in collaboration with Security forces
3. Tidak tercapainya target realisasi program CSR yang telah direncanakan Peningkatakan kapabilitas desa melalui bimbingan teknis, studi banding,
terutama program pengembangan ekonomi berbasis potensi lokal dan/ pertemuan dan silaturahmi serta pemeriksaan terkait realisasi program CSR
atau penambahan permohonan Stakeholder di setiap desa
Unachievement of CSR Program realization target which planned, specially Improvement of village capacity through Technical guidance, benchmarking,
economic development program with local potential and/or additional meeting as well as examination related to CSR program in every village
from Stakeholder proposal
4. Adanya perubahan implementasi program CSR dari rencana awal karena Melengkapi dokumen pendukung rencana program CSR dan atau
ada perubahan rencana perusahaan dan/atau penambahan permohonan perubahan rencana program CSR dengan tetap menyesuaikan anggaran
Stakeholder dalam RKAP
There has been a change in the implementation of the CSR program from Complete supporting documents for CSR program plans and or changes to
the original plan due to changes in the company's plans and/or additional CSR program plans while keep adjusting the budget in the Annual Work
stakeholder requests Plan and Budget (RKAP)
5 Potensi kembali aktivitas Penambang Emas Tanpa Izin (PETI) di area UBP Pengembangan potensi bisnis ke masyarakat sekitar perusahaan untuk
Emas menjelang pasca tambang mencegah kembalinya aktivitas masyarakat yang sebelumya menjadi
Penambang Emas Tanpa Izin (PETI)
Potential re-activation of Unlicensed Gold Miners (PETI) in the Gold Mining Development of business potential to the community around the company
Business Unit area ahead of post-mining to prevent the return of community activities that were previously
Unlicensed Gold Miners (PETI)
6. Terjadinya protes dan klaim masyarakat yang mempengaruhi seluruh 1. Melakukan pengkajian kebutuhan lahan secara komprehensif
aktivitas perusahaan 2. Negosiasi dan ekseskusi pembebasan lahan yang dibutuhkan
Complaints and community claims that affected all company activities 1. Conduct a comprehensive land needs assessment
2. Negotiation and execution of required land acquisition
7. Adanya tuntutan masyarakat sekitar terkait rekrutmen tenaga kerja lokal 1. Melakukan sosialisasi kepada masyarakat sekitar terkait mekanisme
penerimaan tenaga kerja lokal
2. Selalu berkomunikasi aktif dengan pihak Stakeholder untuk menjalin
silaturahmi
The existence of demands of the surrounding community related to the 1. Conducting socialization to the surrounding community related to the
recruitment of local workers mechanism of local workers recruitment.
2. Always communicate actively with stakeholders to establish a good
relationship.
Kegiatan yang Dilakukan Perusahaan Activities Performed by Company
1. Community Development 1. Community Development

Pelaksanaan program pengembangan masyarakat The implementation of community development programs
(Community Development) di ANTAM diarahkan untuk at ANTAM is directed to meet the aspects of Community
memenuhi aspek Community Relations, Community Services Relations, Community Services and Community
dan Community Empowerment. Empowerment.
ANTAM selalu melibatkan pemangku kepentingan untuk ANTAM always involves stakeholders to formulate the
merumuskan arah strategis perusahaan terkait program company’s strategic direction related to community
pengembangan masyarakat seperti yang tertuang dalam development programs as set out in the core subjects of
subyek inti ISO 26000. Sesuai dengan Masterplan CSR ISO 26000. In accordance with the 2015-2019 ANTAM
ANTAM 2015-2019, program Community Development CSR Masterplan, the Community Development program is
terbagi menjadi beberapa bidang yaitu: divided into several fields, namely:
• Pendidikan • Education
• Kesehatan • Health
• Ekonomi Lokal • Local Economy
• Sosial Budaya • Socio-cultural
• Konservasi dan Rehabilitasi Lingkungan • Environmental Conservation and Rehabilitation
• Penguatan Kapasitas Kelembagaan • Strengthening Institutional Capacity
Pada tahun 2019, ANTAM juga memproses penyusunan In 2019, ANTAM also processed and approved the Master
dan pengesahan Rencana Induk Pengembangan dan Plan for Community Development and Exmpowerment
Pemberdayaan Masyarakat (RIPPM) sesuai dengan Keputusan (RIPPM) in accordance with Minister of Energy and Mineral
Menteri ESDM Nomor 1824/K/30/MEM/2018 tentang Resources Decree Number 1824/K/30/MEM/2018 concerning
Pedoman Pelaksanaan Pengembangan dan Pemberdayaan Guidelines for Implementing Community Development and
Masyarakat. RIPPM ini diberlakukan di UBP Nikel Sulawesi Empowerment. The RIPPM is implemented in Southeast
Tenggara, UBP Nikel Maluku Utara, UBP Emas, dan UBP Sulawesi Nickel Mining Business Unit, North Maluku Nickel
Bauksit Kalimantan Barat. Mining Business Unit, Gold Mining Business Unit, and West
Kalimantan Bauxite Mining Business Unit.
Selama tahun 2019, ANTAM menyalurkan biaya CSR yang During 2019, ANTAM disbursed CSR costs of the company
dianggarkan oleh perusahaan sebesar Rp107,17 miliar amounting to Rp107.17 billion for the Community
untuk program Community Development. Development program.
Bidang Pendidikan Educational Sector

Keberhasilan pengembangan masyarakat tidak terlepas dari The success of community development is inseparable from
pendidikan yang mampu meningkatkan pengembangan education that is able to improve the quality development
kualitas Sumber Daya Manusia. Untuk itu, pemenuhan of Human Resources. Therefore, to meet basic needs in the
kebutuhan dasar dalam bidang pendidikan menjadi salah education sector is one of the main focuses of ANTAM’s CSR
satu fokus utama pelaksanaan program CSR ANTAM. program.
Salah satu program rutin di bidang pendidikan adalah One of the routine programs in educational sector is a
program beasiswa di mana ANTAM memberikan bantuan scholarship program in which ANTAM provides tuition
biaya studi, bantuan akhir studi, dan bantuan biaya assistance, final study assistance, and financial support.
penunjang. Penerima beasiswa adalah siswa/mahasiswa Scholarship recipients are students who meet the criteria and
yang memenuhi kriteria dan tengah menempuh jenjang are currently pursuing elementary, secondary and tertiary
pendidikan dasar, menengah dan perguruan tinggi hingga education up to the doctoral level, including vocational
tingkat doktoral, termasuk bidang pendidikan vokasi. education.
Pada tahun 2019, ANTAM melaksanakan sebuah program In 2019, ANTAM implemented a new program, namely the
baru yaitu pengembangan Taman Bacaan Masyarakat (TBM) development of PIONEER Community Reading Gardens in
PIONEER dalam rangka mendorong minat baca masyarakat order to encourage public interest in reading, especially

khususnya anak-anak. Sebanyak 6 (enam) unit TBM PIONEER children. A total of 6 (six) units of PIONEER Community
telah dibangun di wilayah unit-unit bisnis ANTAM, baik Reading Gardens have been built in the area of ANTAM’s

berupa taman bacaan konvensional maupun taman bacaan business units, both in the form of conventional reading
digital. parks and digital reading parks.
Bidang Kesehatan Health Sector

Di bidang kesehatan, ANTAM mendukung upaya-upaya In Health Sector, ANTAM supports efforts to increase
peningkatan aksesibilitas terhadap fasilitas kesehatan accessibility to health facilities and the quality of public
maupun kualitas kesehatan masyarakat secara umum di health in general in each ANTAM operational area. Among
tiap-tiap wilayah operasional ANTAM. Di antara program- the health programs that are routinely held every year are
program kesehatan yang rutin digelar setiap tahun adalah mass circumcisions, blood donations, and assistance to
khitanan massal, donor darah, dan bantuan peningkatan improve the quality of Integrated Service Posts (Posyandu)
kualitas pelayanan Pos Pelayanan Terpadu (Posyandu). services.
Pada tahun 2019, UBP Nikel Sulawesi Tenggara membantu In 2019, Southeast Sulawesi Nickel Mining Business Unit
meningkatkan status Puskesmas Pomalaa dari puskesmas help to improved Pomalaa’s Community Health Center
rawat jalan menjadi puskesmas rawat inap, dengan (Puskemas) from outpatient health centers become inpatient
memberikan bantuan alat kesehatan seperti kursi roda, health centers, by providing medical equipment such as
tempat tidur dan lemari kecil untuk pasien, lemari peralatan, wheelchairs, beds and small closets for patients, equipment
timbangan, thermometer dan tensi meter digital, mikrotoise, cabinets, scales, digital thermometers and blood pressure
dopler lotus, dan lain-lain. meters, microtoise, lotus doplers, and others.
Bidang Pengembangan Ekonomi Lokal Local Economic Development Sector

Pengembangan ekonomi lokal diarahkan untuk Local economic development is directed to exploit the local
memanfaatkan potensi ekonomi lokal yang ada di setiap economic potential that exists in each ANTAM operational
wilayah operasional ANTAM. Untuk itu, ANTAM terlebih area. For this reason, ANTAM first mapped the needs and
dahulu melakukan pemetaan terhadap kebutuhan dan assets owned by the community, then formulated a program
aset yang dimiliki oleh masyarakat, kemudian merumuskan that was in accordance with the existing resources with the
program yang sesuai dengan sumber daya yang ada bersama community and all stakeholders.
masyarakat dan seluruh pemangku kepentingan.
Setelah masyarakat dapat menggerakkan usaha secara After the community can move the business independently,
mandiri, ANTAM terus melakukan pembinaan dan kurasi ANTAM continues to provide guidance and curation for
terhadap para pelaku usaha tersebut. Para pelaku usaha these business actors. Business actors who pass the curation
yang lolos tahap kurasi dan layak dibina akan dijadikan stage and are eligible to be fostered will become foster
mitra binaan dan mendapatkan akses permodalan melalui partners and get access to capital through the Partnership
Program Kemitraan. Program.
Pada tahun 2019, ANTAM melanjutkan upaya pengembangan In 2019, ANTAM continued efforts to develop the economy
ekonomi masyarakat khususnya eks Penambang Emas Tanpa of the community, especially ex-Gold Miners Without
Izin (PETI) di Kecamatan Nanggung, Kabupaten Bogor, yang Permits (PETI) in Nanggung District, Bogor Regency, which
masuk dalam wilayah kerja UBP Emas. Upaya yang dimulai are included in the Gold Mining Business Unit working area.
tahun 2018 dengan inisiasi usaha budidaya ayam pedaging The effort that began in 2018 with the initiation of broiler
dengan metoda closed house kemudian berlanjut di 2019 farming by the closed house method then continued in
dengan kegiatan pendampingan usaha pembibitan tanaman 2019 with the assistance of nurseries in three locations for
hias di tiga lokasi untuk tanaman Krisan, Aglaonema, dan Chrysanthemum, Aglaonema, and Cactus plants.
Kaktus.
Pada tahun 2019, UBP Nikel Maluku Utara juga menginisiasi In 2019, North Maluku Nickel Mining Business Unit also
program pendampingan yang baru bagi masyarakat di initiated a new assistance program for the community in
Halmahera Timur, yaitu pengembangan tanaman kopi East Halmahera, namely the development of coffee plants
dan produk turunan kelapa. Pengembangan tanaman and coconut-derived products. The development of coffee
kopi menyasar 193 petani yang memiliki areal kebun plants is targeting 193 farmers who have their own garden
sendiri, dengan hasil panen kopi sebanyak 1.021,54 Kg areas, with coffee yields of 1,021.54 kg and produce coffee
dan menghasilkan produk kopi dalam kemasan yang siap products in packages that are ready to be marketed with a
dipasarkan dengan rasa khas kopi Halmahera. Sementara distinctive taste of Halmahera coffee. While the integrated
program pengolahan kelapa terpadu memanfaatkan limbah coconut processing program utilizes coconut fiber waste
sabut kelapa menjadi produk Cocofiber dan Coconet. into Cocofiber and Coconet products.
Bidang Sosial Budaya Socio-cultural Sector

Dukungan bagi pelestarian sosial budaya merupakan bagian Support for social and cultural preservation is part of
dari komitmen ANTAM dalam pengembangan masyarakat ANTAM’s commitment to the development of a prosperous
yang sejahtera di sekitar wilayah operasinya. Salah satu community in the vicinity of its operations. One of the main
program kegiatan utama saat ini adalah program pelestarian activity programs at this time is the preservation program of
adat budaya Suku Togutil di Halmahera. Togutil tribal culture in Halmahera.
Kegiatan yang telah dimulai pada tahun 2018 ini berlanjut The activity, which began in 2018, continues in 2019 with
di 2019 dengan pengembangan Kampung Budaya Suku the development of the Togutil Cultural Village, to help
Togutil, untuk membantu memperbaiki kualitas kehidupan improve the quality of life of the Togutil people who are still
masyarakat Suku Togutil yang sebagian masih nomaden, nomadic, but while still maintaining their traditional and
namun dengan tetap mempertahankan ciri khas adat dan cultural characteristics. ANTAM facilitates the construction
budaya mereka. ANTAM memfasilitasi pembangunan of a residential community called the Togutil Cultural Village
komunitas hunian yang disebut Kampung Budaya Suku in one area with one meeting hall, 12 residential units, one
Togutil di satu area dengan satu unit aula pertemuan, 12 unit Toilet facility, a guard post and an entrance gate.
rumah hunian, satu fasilitas MCK, pos jaga, dan gerbang
masuk.
Dukungan terhadap penyelenggaraan acara adat ataupun Supporting the implementation of traditional events or local
festival budaya lokal juga merupakan cara bagi ANTAM untuk cultural festivals is also a way for ANTAM to preserve the
melestarikan sosial budaya setempat. Pada tahun 2019, local social culture. In 2019, for example, ANTAM supported
misalnya, ANTAM tercatat mendukung pelaksanaan festival event of Malay cultural festivals in several palaces in Sanggau
budaya Melayu di beberapa keraton yang ada di Kabupaten District, West Kalimantan, as well as event of the Dayak
Sanggau, Kalimantan Barat, serta penyelenggaraan festival Gawai festival at Sanggau Regency and West Kalimantan
Gawai Dayak tingkat Kabupaten Sanggau dan Provinsi Province.
Kalimantan Barat.
Bidang Konservasi dan Rehabilitasi Lingkungan Environmental Conservation and

Rehabilitation Sector
Menyadari bahwa setiap kegiatan operasionalnya memiliki Realizing that each of its operational activities has an impact
dampak terhadap alam, baik fauna maupun flora, ANTAM on nature, both fauna and flora, ANTAM has taken the
selalu berinisiatif melaksanakan program pelestarian di initiative to implement environmental conservation programs
bidang lingkungan dengan melibatkan para pemangku by involving relevant stakeholders, in addition to of course
kepentingan terkait, selain tentunya mengedepankan Good promoting Good Mining Practices in mining activities.
Mining Practices pada aktivitas pertambangan.
Salah satu kegiatan yang dilakukan adalah penyelamatan One of the activities carried out was the rescue of the
Mata Air Blok Sungapan di Kampung Cibuluh, Desa Sungapan Block Spring in Cibuluh Village, Kiarasari Village,
Kiarasari, Kecamatan Sukajaya, Kabupaten Bogor. Sukajaya District, Bogor Regency. This program is a form of
Program ini merupakan bentuk dukungan ANTAM untuk ANTAM’s support to develop Cibuluh as a tourism village
mengembangkan Cibuluh sebagai kampung wisata yang that is environmentally friendly and based on local potential.
ramah lingkungan dan berbasis potensi lokal.
Selain itu, ANTAM juga menyediakan dukungan bagi In addition, ANTAM also provides support for the Car Free
program Hari Bebas Kendaraan Bermotor di Bogor agar Day program in Bogor so that it can take place sustainably, so
dapat berlangsung secara berkelanjutan, sehingga dapat that it can provide tangible benefits in the form of improving
memberikan manfaat nyata berupa peningkatan kualitas air quality and the economic impact of the community and
udara maupun dampak ekonomi masyarakat dan dunia business world in buying and selling, business promotion
usaha dalam kegiatan jual beli, promosi usaha dan kampanye and environmental campaigns.
lingkungan hidup.

Bidang Penguatan Kapasitas Kelembagaan Institutional Strengthening Sector

Untuk merealisasikan percepatan menuju kemandirian To realize the acceleration towards regional independence,
wilayah, ANTAM senantiasa bersinergi dengan Pemerintah ANTAM continues to synergize with the local Regional
Daerah setempat dalam bentuk pemberian dukungan Government in the form of providing routine program
program rutin. support.
Beberapa sinergi yang dilakukan di antaranya di UBP Nikel Some of the synergies carried out include in the Southeast
Sulawesi Tenggara melalui Musyawarah Rencana Kerja Sulawesi Nickel Mining Business Unit through the Pomalaa
Pomalaa, dan di UBP Emas melalui Musyawarah Rencana Work Plan Deliberation, and in Gold Mining Business Unit
Pembangunan Bersama Pongkor dan Desa Kecamatan through the Pongkor Joint Village Development Plan and
Nanggung. Kedua kegiatan tersebut bertujuan untuk the Nanggung District Village. Both of these activities aim
menselaraskan program-program CSR ANTAM dengan to align ANTAM’s CSR programs with the needs of the local
kebutuhan masyarakat setempat. community.
2. Program Kemitraan dan Bina Lingkungan 2. Partnership and Community Stewardship

Program
Program Kemitraan & Bina Lingkungan (PKBL) dibagi The Partnership & Community Stewardship Program is
menjadi dua subkomponen yaitu Program Kemitraan divided into two subcomponents namely the Partnership
(PK) pada aspek community empowerment dan program Program on the aspect of community empowerment and the
Bina Lingkungan (BL) pada aspek community services dan Community Stewardship program on aspects of community
community empowerment. services and community empowerment.

Dalam Program Kemitraan, ANTAM menyalurkan dana Under the Partnership Program, ANTAM channeled revolving
bergulir kepada Mitra Binaan sebagai pinjaman modal funds to Fostered Partners as business capital loans. ANTAM
usaha. ANTAM juga memberikan bantuan dana pembinaan also provides coaching funds to improve managerial,
dalam rangka peningkatan kemampuan manajerial, production and marketing capabilities through education,
produksi dan pemasaran melalui pendidikan, pelatihan, training and apprenticeship, as well as sales promotion or
dan pemagangan, serta promosi penjualan atau bantuan marketing assistance by involving Foster Partners in various
pemasaran dengan mengikutsertakan Mitra Binaan pada exhibition activities.
berbagai macam kegiatan pameran.
Pada tahun 2019, realisasi penyaluran dana dalam Program In 2019, the distribution of funds in the ANTAM Partnership
Kemitraan (PK) ANTAM mencapai sebesar Rp34,22 miliar. Program amounted to Rp34.22 billion. This number
Jumlah ini naik 51,35% dari penyaluran dana di tahun increased by 51.35% from the distribution of funds in 2018
2018 sebesar Rp22,61 miliar. Sebanyak Rp31,68 miliar, amounting to Rp22.61 billion. As much as Rp31.68 billion,
atau 92,58%, disalurkan dalam bentuk dana bergulir or 92.58%, was channeled in the form of revolving funds
untuk pinjaman modal usaha, sedangkan selebihnya, yaitu for business capital loans, while the rest, namely Rp2.54
Rp2,54 miliar atau 7,42%, disalurkan untuk kegiatan billion or 7.42%, was channeled for the fostering of Partners
pembinaan Mitra Binaan. Secara keseluruhan, sebanyak 807 Development activities. In total, 807 Fostered Partners
Mitra Binaan tercatat sebagai penerima manfaat Program were registered as beneficiaries of the ANTAM Partnership
Kemitraan ANTAM sepanjang tahun 2019. Program throughout 2019.
Sedangkan aktivitas Program Bina Lingkungan adalah Whereas the activities of the Community Stewardship
bentuk-bentuk penyaluran dana untuk keperluan bantuan Program are forms of channeling funds for the assistance
korban bencana alam, bantuan pendidikan, bantuan needs of victims of natural disasters, educational assistance,
peningkatan kesehatan, bantuan pengembangan prasarana health improvement assistance, assistance in developing
dan/atau sarana umum, bantuan sarana ibadah, bantuan public infrastructure and/or facilities, religious facilities
pelestarian alam, dan/atau bantuan sosial kemasyarakatan assistance, natural conservation assistance, and/or social
dalam rangka pengentasan kemiskinan. assistance in the context of poverty alleviation.
Di tahun 2019, ANTAM mengalokasikan Rp21 miliar untuk In 2019, ANTAM has allocated Rp21 billion for Community
dana program BL dari anggaran biaya perusahaan. Selain itu, Stewardship program funds from the company’s budget. In
terdapat dana sejumlah Rp0,33 miliar dari sisa penyaluran addition, there were funds amounting to Rp0.33 billion from
dana BL tahun sebelumnya. Sampai dengan akhir tahun the remaining Community Stewardship distribution of funds
2019, realisasi penyaluran dana BL tercatat sebesar Rp19,10 the previous year. Until the end of 2019, the realization
miliar. of the distribution of Community Stewardship funds was
recorded at Rp19.10 billion.
Penjelasan lebih rinci mengenai aktivitas dalam Program A more detailed description of the activities in the Partnership
Kemitraan dan Bina Lingkungan disajikan dalam Laporan and Community Stewardship Program is presented in the
PKBL ANTAM 2019. Partnership and Community Stewardship Program for
Financial year 2019.
3. Kegiatan Pascatambang 3. Post-Mining Activity

Program pengembangan masyarakat pascatambang, sesuai The post-mining community development program, in
dengan tujuannya diarahkan pada pemenuhan aspek accordance with its objectives is directed at fulfilling aspects
Community Empowerment dan Community Services. of Community Empowerment and Community Services.
Mengacu pada Keputusan Menteri ESDM Nomor 1827/K/ Referring to the Decree of the Minister of Energy and Mineral
MEM/30/2018 tentang Pedoman Pelaksanaan Kaidah Teknik Resources Number 1827/K/MEM/30/2018 concerning
Pertambangan yang Baik, ada tiga hal utama yang dilakukan Guidelines for Implementing Good Mining Engineering
ANTAM di daerah pascatambang, yaitu: Rules, there are three main things that ANTAM does in post-
1. Pengelolaan lingkungan termasuk di dalamnya adalah mining areas, namely:
reklamasi dan rehabilitasi; 1. Environmental management includes reclamation and
2. Pengelolaan aset yang menjaga keutuhan aset rehabilitation;
perusahaan maupun masyarakat; dan 2. Asset management that maintains the integrity of
3. Pemberdayaan masyarakat berbasis PKBL dan company and community assets;
Community Development, sehingga ekonomi 3. Community Empowerment based on The Partnership
masyarakat dapat terus berkembang dan mandiri saat & Community Stewardship Program and Community
ANTAM berhenti beroperasi. Development, so that the community’s economy can
continue to grow and be independent when ANTAM
stops operating.
Sebagai bentuk tanggung jawab perusahaan dalam As a form of corporate responsibility in carrying out mining
menjalankan operasi pertambangan dengan menerapkan operations by implementing best mining practices, ANTAM
best mining practices, ANTAM telah menyusun dokumen has compiled a Post-Mining Plan document in the operating
Rencana Pasca Tambang (RPT) pada unit bisnis yang sedang business units, subsidiaries, and projects that will be running.
beroperasi, anak perusahaan, maupun proyek yang akan
berjalan.
Saat ini, ANTAM mulai fokus pada persiapan penutupan At present, ANTAM is starting to focus on preparing for the
tambang Pongkor di wilayah operasional UBP Emas. closure of the Pongkor mine in the Gold Mining Business Unit
Sebagai perusahaan yang peduli dan bertanggung jawab operational area. As a company that cares and is responsible
terhadap masyarakat dan lingkungan, ANTAM mulai for the community and the environment, ANTAM starts to
mengatur rencana perbaikan lingkungan pascatambang, organize plans for post-mining environmental improvement,
baik yang berupa bio-fisik, sosial, dan ekonomi. Untuk both in the form of bio-physical, social, and economic. To
merealisasikannya, ANTAM bersinergi dengan Pemerintah realize this, ANTAM works together with the Bogor District
Daerah Kabupaten Bogor membangun kawasan wisata Government to develop a tourist area with the concept
berkonsep Geoecoedutourism di Cikaret dan Museum of Geoecoedutourism in Cikaret and the Mining Museum
Tambang di lokasi bekas penambangan emas di UBP Emas, at the site of the former gold mining site at Gold Mining
yang akan menonjolkan unsur Agro, Geologi, Edukasi dan Business Unit, which will highlight the elements of Agro,
Wisata. Untuk itu, ANTAM telah menyiapkan dokumen Geology, Education and Tourism. For this reason, ANTAM
Rencana Pasca Tambang hingga penempatan deposito has prepared Post-Mining Plan documents up to the
Jaminan Penutupan Tambang (JPT) sebesar Rp86,7 miliar placement of the Mine Closure Guarantee (JPT) deposit of
pada tahun 2019. Rp86.7 billion in 2019.

Jumlah Pegawai Lokal

Total of Local Employee
2018 2019
Wilayah
Unit Laki-laki Perempuan Laki-laki Perempuan
Male Female Male Female
UBP Nikel Sulawesi Tenggara
650 28 653 28
Southeast Sulawesi Nickel Mining Business Unit
UBP Nikel Maluku Utara
101 6 355 12
North Maluku Nickel Mining Business Unit
UBP Emas
104 5 99 3
Gold Mining Business Unit
UBPP Logam Mulia
12 5 4 0
Precious Metals Processing & Refinery Business Unit
UBP Bauksit Kalimantan Barat
West Kalimantan Bauxite Mining 7 0 19 2
Business Unit
Unit Geomin & Technology Development
0 1 0 2
Geomin & Technology Development Unit
Unit Learning & Development
0 1 0 0
Learning & Development Unit
Kantor Pusat
14 8 42 26
Head Office
2019
REPORT
LAPORAN TAHUNAN
Laporan
Keuangan
Konsolidasian
Consolidated Financial Statements
PT Aneka Tambang Tbk

dan Entitas Anak/and Subsidiaries
31 Desember 2019 dan 2018
December 31, 2019 and 2018
PT ANEKA TAMBANG TBK

DAN ENTITAS ANAK/AND SUBSIDIARIES
Lampiran 1/1 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF

KONSOLIDASIAN FINANCIAL POSITION
31 DESEMBER 2019, 31 DESEMBER 2018 DAN 31 DECEMBER 2019, 31 DECEMBER 2018 AND
1 JANUARI 2018 1 JANUARY 2018
(Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain) (Expressed in thousands of Rupiah, unless otherwise stated)
31 Desember/ 31 Desember/ 1 Januari/

Catatan/ December December January
Notes 2019 2018* 2018*
ASET ASSETS
ASET LANCAR CURRENT ASSETS

Kas dan setara kas 6 3,636,243,080 4,299,068,085 5,550,677,020 Cash and cash equivalents
Piutang usaha, bersih 7 Trade receivables, net
- Pihak ketiga 973,430,725 942,679,777 969,035,598 Third parties -
- Pihak berelasi 28,903,989 1,105,746 2,132,558 Related parties -
Piutang lain-lain, bersih 9 428,166,187 51,014,028 406,181,959 Other receivables, net
Persediaan, bersih 8 1,796,301,441 1,845,550,076 1,098,989,911 Inventories, net
Pajak dibayar di muka Prepaid taxes
- Pajak lain-lain 18a 439,751,346 105,656,757 - Other taxes -
- Pajak penghasilan badan 18a 282,607,418 - - Corporate income taxes -
Biaya dibayar di muka 13,724,405 24,226,763 88,645,395 Prepaid expenses
Aset lancar lain-lain 66,110,669 72,739,747 222,489,185 Other current assets
Jumlah aset lancar 7,665,239,260 7,342,040,979 8,338,151,626 Total current assets
ASET TIDAK LANCAR NON-CURRENT ASSETS

Kas yang dibatasi penggunaannya 10 117,225,118 108,355,869 21,570,067 Restricted cash
Piutang lain-lain, bersih 9 Other receivables, net
- Pihak ketiga - 455,070,658 389,426,081 Third party -
- Pihak berelasi - - 1,421,481,050 Related parties -
Piutang derivatif - 4,363,484 - Derivative receivable
Investasi pada entitas asosiasi, bersih 11 744,529,918 1,145,222,461 1,690,633,406 Investments in associates, net
Investasi pada ventura bersama 11 - - 833,894,233 Investment in a joint venture
Aset tetap, bersih 12 18,865,691,270 19,489,671,241 13,298,244,726 Property, plant and equipment, net
Properti pertambangan, bersih 13 752,994,987 710,054,517 763,471,320 Mining properties, net
Aset eksplorasi dan evaluasi 14 658,740,597 693,646,392 694,602,881 Exploration and evaluation assets
Aset takberwujud, bersih 42,992,368 50,860,511 25,463,937 Intangible assets, net
Pajak dibayar di muka Prepaid taxes
- Pajak lain-lain 18a 451,932,547 1,031,735,593 504,991,958 Other taxes -
- Pajak penghasilan badan 18a 318,764,351 401,351,801 247,306,564 Corporate income taxes -
Goodwill 15 68,336,044 101,759,427 101,759,427 Goodwill
Aset pajak tangguhan 18d 129,448,529 140,868,263 213,456,583 Deferred tax assets
Aset tidak lancar lain-lain 379,012,741 520,349,649 254,181,512 Other non-current assets
Jumlah aset tidak lancar 22,529,668,470 24,853,309,866 20,460,483,745 Total non-current assets
JUMLAH ASET 30,194,907,730 32,195,350,845 28,798,635,371 TOTAL ASSETS
*Disajikan kembali dan direklasifikasi (lihat Catatan 4) *As restated and reclassified (refer to Note 4)
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements
yang tidak terpisahkan dari laporan keuangan konsolidasian form an integral part of these consolidated financial statements



Notes 2019 2018* 2018*
LIABILITAS LIABILITIES
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang usaha 16 Trade payables
- Pihak ketiga 642,785,413 403,931,604 244,818,853 Third parties -
- Pihak berelasi 96,958,283 463,814,512 80,060,002 Related parties -
Beban akrual 17 441,970,183 784,615,861 380,307,068 Accrued expenses
Liabilitas imbalan karyawan Short-term employee
jangka pendek 74,914,550 118,518,440 27,736,785 benefit liabilities
Uang muka pelanggan 199,145,890 317,082,067 115,294,680 Advances from customers
Liabilitas derivatif 10,041,652 2,620,644 - Derivative liability
Utang pajak 18b Taxes payable
- Pajak penghasilan badan 18,412,722 8,405,083 162,486 Corporate income taxes -
- Pajak lain-lain 77,857,424 146,082,982 36,106,464 Other taxes -
Pinjaman bank jangka pendek 19 1,408,101,000 1,452,000,000 2,715,620,000 Short-term bank loans
Utang obligasi yang jatuh Current maturities of
tempo dalam satu tahun 20 - - 899,594,174 bonds payable
Pinjaman investasi yang jatuh tempo Current maturities of
dalam satu tahun 21 1,585,286,186 1,121,605,386 486,103,998 investment loans
Provisi atas pengelolaan dan reklamasi Current maturities of provision
lingkungan hidup yang jatuh for environmental and
tempo dalam satu tahun 22 31,190,755 25,166,415 21,650,895 reclamation costs
Utang lain-lain 25 706,574,335 718,088,480 541,160,687 Other payables
Jumlah liabilitas jangka pendek 5,293,238,393 5,561,931,474 5,548,616,092 Total current liabilities
LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES

Utang obligasi, setelah dikurangi
bagian yang jatuh tempo dalam Bonds payable,
satu tahun 20 2,098,515,743 2,097,852,666 2,097,246,586 net of current maturities
Pinjaman investasi, setelah dikurangi
bagian yang jatuh tempo dalam Investment loans,
satu tahun 21 3,465,639,144 5,249,741,153 3,200,350,554 net of current maturities
Provisi atas pengelolaan dan reklamasi
lingkungan hidup, setelah dikurangi Provision for environmental
bagian yang jatuh tempo and reclamation costs,
dalam satu tahun 22 592,201,736 406,977,425 373,844,066 net of current maturities
Kewajiban pensiun dan Pension and other
imbalan pascakerja lainnya 31 604,976,889 412,301,501 411,697,465 post-employment obligations
Liabilitas jangka panjang lainnya 6,916,650 18,180,335 3,762,043 Other non-current liabilities
Jumlah liabilitas jangka panjang 6,768,250,162 8,185,053,080 6,086,900,714 Total non-current liabilities
JUMLAH LIABILITAS 12,061,488,555 13,746,984,554 11,635,516,806 TOTAL LIABILITIES



Notes 2019 2018* 2018*
EKUITAS EQUITY
EKUITAS YANG DAPAT

DIATRIBUSIKAN KEPADA EQUITY ATTRIBUTABLE
PEMILIK ENTITAS INDUK TO OWNERS OF THE PARENT
Modal saham Share capital
Modal dasar - 1 saham preferen Authorised capital - 1 preferred
seri A Dwiwarna dan series A Dwiwarna share and
37.999.999.999 saham biasa 37,999,999,999 series B ordinary
seri B; Modal ditempatkan dan shares; Issued and fully paid capital
disetor penuh - 1 saham preferen - 1 preferred series A Dwiwarna
seri A Dwiwarna dan share and 24,030,764,724
24.030.764.724 saham biasa series B ordinary shares
seri B dengan nilai nominal with a par value of Rp100
Rp100 (nilai penuh) per saham 23 2,403,076,473 2,403,076,473 2,403,076,473 (full amount) per share
Tambahan modal disetor 23 3,934,833,124 3,934,833,124 3,934,833,124 Additional paid-in capital
Komponen ekuitas lainnya: Other equity components:
Selisih kurs karena penjabaran Difference in foreign
laporan keuangan 1,140,684,112 1,220,023,709 1,949,581,120 currency translation
Surplus revaluasi aset 2,742,029,584 2,742,029,584 2,313,098,229 Asset revaluation surplus
Saldo laba: Retained earnings:
Yang telah ditentukan
penggunaannya 4 480,615,295 480,615,295 480,615,295 Appropriated
Yang belum ditentukan
penggunaannya 7,432,160,733 7,667,769,136 6,081,896,917 Unappropriated
Jumlah ekuitas yang dapat

diatribusikan kepada pemilik Total equity attributable to
entitas induk 18,133,399,321 18,448,347,321 17,163,101,158 owners of the parent
Kepentingan nonpengendali 19,854 18,970 17,407 Non-controlling interests
JUMLAH EKUITAS 18,133,419,175 18,448,366,291 17,163,118,565 TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS 30,194,907,730 32,195,350,845 28,798,635,371 TOTAL LIABILITIES AND EQUITY

LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS

KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2019 DAN 2018 31 DECEMBER 2019 AND 2018
Catatan/
Notes 2019 2018*
PENJUALAN 26 32,718,542,699 25,275,245,970 SALES
BEBAN POKOK PENJUALAN 27 (28,271,386,345) (20,613,271,101) COST OF GOODS SOLD
LABA KOTOR 4,447,156,354 4,661,974,869 GROSS PROFIT
BEBAN USAHA OPERATING EXPENSES

Umum dan administrasi 28 (2,047,135,504) (1,786,727,942) General and administrative
Penjualan dan pemasaran 28 (1,444,406,032) (1,319,090,151) Selling and marketing
Jumlah beban usaha (3,491,541,536) (3,105,818,093) Total operating expenses
LABA USAHA 955,614,818 1,556,156,776 OPERATING PROFIT
(BEBAN)/PENGHASILAN LAIN-LAIN OTHER (EXPENSES)/INCOME

Bagian kerugian entitas asosiasi Share of loss of associates
dan ventura bersama 11 (88,099,410) (1,260,023,189) and joint venture
Pendapatan keuangan 29 120,446,161 260,845,591 Finance income
Beban keuangan 29 (233,360,576) (1,130,486,598) Finance costs
Keuntungan dari akuisisi 5 - 2,226,369,407 Gain on acquisition
(Kerugian)/keuntungan selisih kurs, bersih (235,718,069) 276,087,821 Foreign exchange (losses)/gains, net
Penghasilan lain-lain, bersih 30 168,151,129 84,202,993 Other income, net
(Beban)/penghasilan lain-lain, bersih (268,580,765) 456,996,025 Other (expenses)/income, net
LABA SEBELUM PAJAK PENGHASILAN 687,034,053 2,013,152,801 PROFIT BEFORE INCOME TAX
Beban pajak penghasilan 18c (493,182,022) (377,150,210) Income tax expense
LABA TAHUN BERJALAN 193,852,031 1,636,002,591 PROFIT FOR THE YEAR
RUGI KOMPREHENSIF LAIN OTHER COMPREHENSIVE LOSS

Pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi: to profit or loss:
- Kenaikan nilai tanah dari revaluasi - 428,931,355 Increase on land from revaluation -
- Pengukuran kembali kewajiban Remeasurement of pensions and -
pensiun dan pascakerja lainnya 31 (168,627,300) (5,209,400) other post-employment obligations
- Dampak pajak pengukuran Tax effect on remeasurement -
kembali kewajiban pensiun of pensions and other
dan pascakerja lainnya 18d 42,156,825 1,302,350 post-employment obligations
- Bagian penghasilan komprehensif Share of other comprehensive -
lain dari entitas asosiasi dan income of associates and
ventura bersama - pengukuran joint venture - remeasurement
kembali kewajiban pensiun dan of pensions and other
pascakerja lainnya 11 3,059,686 1,555,615 post-employment obligation
(123,410,789) 426,579,920
Pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi: to profit or loss:
- Reklasifikasi atas selisih kurs karena Recycling of cumulative -
penjabaran laporan keuangan 5 - (888,629,119) translation adjustment
- Penyesuaian penjabaran
laporan keuangan (79,339,597) 159,071,708 Translation adjustments -
(79,339,597) (729,557,411)
RUGI KOMPREHENSIF LAIN, OTHER COMPREHENSIVE LOSS,

SETELAH PAJAK (202,750,386) (302,977,491) NET OF TAX
JUMLAH (RUGI)/PENGHASILAN TOTAL COMPREHENSIVE (LOSS)/

KOMPREHENSIF TAHUN BERJALAN (8,898,355) 1,333,025,100 INCOME FOR THE YEAR

LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS

KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN YANG BERAKHIR FOR THE YEARS ENDED
Catatan/
Notes 2019 2018*
LABA TAHUN BERJALAN YANG PROFIT FOR THE YEAR

DAPAT DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 193,851,147 1,636,001,028 Owners of the parent
Kepentingan nonpengendali 884 1,563 Non-controlling interests
193,852,031 1,636,002,591
JUMLAH (RUGI)/PENGHASILAN
KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE (LOSS)/
BERJALAN YANG DAPAT INCOME FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk (8,899,239) 1,333,023,537 Owners of the parent
Kepentingan nonpengendali 884 1,563 Non-controlling interests
(8,898,355) 1,333,025,100
LABA BERSIH PER SAHAM DASAR BASIC AND DILUTED EARNINGS

DAN DILUSIAN YANG DAPAT PER SHARE ATTRIBUTABLE
DIATRIBUSIKAN KEPADA PEMILIK TO OWNERS OF THE PARENT
ENTITAS INDUK (NILAI PENUH) 33 8.07 68.08 (FULL AMOUNT)
Lampiran 3 Schedule
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2019 DAN 2018 FOR THE YEARS ENDED 31 DECEMBER 2019 AND 2018
www.antam.com
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent

Selisih kurs
Modal karena
ditempatkan Tambahan penjabaran Surplus
dan disetor modal laporan revaluasi Saldo laba/Retained earnings
penuh/ disetor/ keuangan/ aset/ Yang telah Yang belum Kepentingan
Issued and Additional Difference in Asset ditentukan ditentukan nonpengendali/
Catatan/ fully paid paid-in foreign currency revaluation penggunaannya/ penggunaannya/ Jumlah/ Non-controlling Jumlah ekuitas/
Notes capital capital translation* surplus* Appropriated* Unappropriated* Total* interest Total equity*
Saldo per 1 Januari 2018 (seperti Balance as at 1 January 2018

yang dilaporkan sebelumnya) 2,403,076,473 3,934,833,124 56,100,179 2,330,655,281 11,613,209,777 (1,847,488,724) 18,490,386,110 17,407 18,490,403,517 (as previously reported)
Dampak penyajian kembali 4 - - 1,893,480,941 (17,557,052) (11,132,594,482) 7,929,385,641 (1,327,284,952) - (1,327,284,952) Impact of restatements
Saldo per 1 Januari 2018 Balance as at 1 January 2018

(setelah disajikan kembali)* 2,403,076,473 3,934,833,124 1,949,581,120 2,313,098,229 480,615,295 6,081,896,917 17,163,101,158 17,407 17,163,118,565 (after restatements)*
Reklasifikasi atas selisih kurs karena Recycling of cumulative

penjabaran laporan keuangan 5 - - (888,629,119) - - - (888,629,119) - (888,629,119) translation adjustment
Penyesuaian penjabaran
laporan keuangan - - 159,071,708 - - - 159,071,708 - 159,071,708 Translation adjustments
Laba tahun berjalan - - - - - 1,636,001,028 1,636,001,028 1,563 1,636,002,591 Profit for the year
Dividen 24 - - - - - (47,777,374) (47,777,374) - (47,777,374) Dividends
Penghasilan komprehensif lain, Other comprehensive
setelah pajak: income, net of tax:
Revaluasi tanah 12 - - - 428,931,355 - - 428,931,355 - 428,931,355 Land revaluation
Bagian penghasilan Share of other

komprehensif lain comprehensive income
dari entitas asosiasi from associates

dan ventura bersama 11 - - - - - 1,555,615 1,555,615 - 1,555,615 and joint venture
Pengukuran kembali Remeasurements of pension
kewajiban pensiun dan and other post-employment
pascakerja lainnya - - - - - (3,907,050) (3,907,050) - (3,907,050) obligations
Saldo per 31 Desember 2018 Balance as at 31 December 2018

(setelah disajikan kembali)* 2,403,076,473 3,934,833,124 1,220,023,709 2,742,029,584 480,615,295 7,667,769,136 18,448,347,321 18,970 18,448,366,291 (after restatements)*
laporan keuangan - - (79,339,597) - - - (79,339,597) - (79,339,597) Translation adjustments
Laba tahun berjalan - - - - - 193,851,147 193,851,147 884 193,852,031 Profit for the year
Dividen 24 - - - - - (306,048,761) (306,048,761) - (306,048,761) Dividends
Penghasilan komprehensif lain, Other comprehensive
setelah pajak: income, net of tax:
Bagian penghasilan Share of other
dari entitas asosiasi 11 - - - - - 3,059,686 3,059,686 - 3,059,686 from associates
Pengukuran kembali Remeasurements of pension
kewajiban pensiun dan and other post-employment
pascakerja lainnya - - - - - (126,470,475) (126,470,475) - (126,470,475) obligations
Saldo per 31 Desember 2019 2,403,076,473 3,934,833,124 1,140,684,112 2,742,029,584 480,615,295 7,432,160,733 18,133,399,321 19,854 18,133,419,175 Balance as at 31 December 2019
Laporan Tahunan 2019 Annual Report PT Aneka Tambang Tbk

Consolidated Financial Statements
Laporan Keuangan Konsolidasian
649

Lampiran 4 Schedule
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF

UNTUK TAHUN YANG BERAKHIR CASH FLOWS FOR THE YEARS ENDED
2019 2018
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM

OPERASI OPERATING ACTIVITIES
Penerimaan kas dari pelanggan 32,502,238,389 25,547,387,115 Cash receipts from customers
Pembayaran kepada pemasok (28,289,848,891) (21,393,706,262) Payments to suppliers
Pembayaran kepada komisaris, Payments to commissioners,
direksi dan karyawan (1,549,571,203) (1,224,228,892) directors and employees
Pembayaran pajak badan (734,464,694) (551,348,245) Payments of corporate income tax
Pembayaran pajak dan retribusi (313,606,867) (312,762,511) Payments of tax and retribution
Penerimaan kas dari restitusi Cash receipt from corporate
pajak badan 86,434,180 98,808,309 income tax restitution
Penerimaan kas dari restitusi pajak lainnya 353,918,278 - Cash receipt from other taxes restitution
Penerimaan bunga 96,157,723 165,630,043 Cash receipts from interest income
Pembayaran bunga (530,882,408) (524,548,812) Payments of interests
Penerimaan lain-lain, bersih 13,462,715 69,347,686 Other receipts, net
Arus kas bersih yang diperoleh Net cash provided from

dari aktivitas operasi 1,633,837,222 1,874,578,431 operating activities

INVESTASI INVESTING ACTIVITIES
Penerimaan dividen 331,724,138 219,692,558 Dividend receipt
Penjualan aset 69,272,357 - Sales of asset
Perolehan aset tetap (1,137,324,142) (2,137,853,867) Acquisitions of property, plant and equipment
Pengeluaran aset eksplorasi Disbursements for exploration and
dan evaluasi (83,595,648) (4,847,510) evaluation assets
Pengeluaran properti pertambangan (14,467,291) (1,416,126) Disbursements for mining properties
Pengeluaran aset takberwujud (922,814) (18,917,895) Disbursements for intangible assets
Pinjaman ke entitas ventura bersama - (782,516,038) Loan to a joint venture
Pengeluaran untuk aset tidak lancar lain-lain - (368,850,000) Disbursements for other non-current assets
Biaya transaksi terkait dengan Transaction costs relating to the
akuisisi entitas anak - (30,028,420) acquisition of subsidiary
Peningkatan investasi saham (50,000,000) (80,051,000) Increase in investment in shares
Divestasi saham - 326,458,000 Divestment of shares
Kas yang diperoleh dari akuisisi entitas anak - 284,520,934 Cash acquired from acquisition of subsidiary
Arus kas bersih yang digunakan Net cash used in

untuk aktivitas investasi (885,313,400) (2,593,809,364) investing activities

PENDANAAN FINANCING ACTIVITIES
Penerimaan pinjaman bank 4,349,200,000 4,150,225,894 Proceeds from bank loans
Penerimaan pinjaman investasi 1,825,317,661 2,071,972,675 Proceeds from investment loans
Pembayaran pinjaman bank (4,326,801,500) (5,661,044,581) Repayments of bank loans
Pembayaran pinjaman investasi (2,904,827,111) (601,986,512) Repayments of investment loans
Pembayaran dividen (306,048,761) (47,777,374) Dividend payments
Pembayaran utang obligasi - (900,000,000) Repayments of bonds payable
Penerimaan dari utang lain-lain - 368,850,000 Receipts from other payables
Arus kas bersih yang digunakan Net cash used in

untuk aktivitas pendanaan (1,363,159,711) (619,759,898) financing activities
PENURUNAN BERSIH NET DECREASE IN

KAS DAN SETARA KAS (614,635,889) (1,338,990,831) CASH AND CASH EQUIVALENTS
EFFECT OF FOREIGN EXCHANGE

EFEK PERUBAHAN NILAI KURS RATE DIFFERENCES ON CASH
PADA KAS DAN SETARA KAS (48,189,116) 87,381,896 AND CASH EQUIVALENTS
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

PADA AWAL TAHUN 4,299,068,085 5,550,677,020 AT THE BEGINNING OF THE YEAR
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

PADA AKHIR TAHUN 3,636,243,080 4,299,068,085 AT THE END OF THE YEAR
Lihat Catatan 38 untuk penyajian transaksi nonkas Grup. Refer to Note 38 for presentation of the Group’s non-cash
transactions.

CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED

KONSOLIDASIAN FINANCIAL STATEMENTS
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian dan informasi lainnya a. Establishment and other information
PT Aneka Tambang Tbk (“Perusahaan”) PT Aneka Tambang Tbk (the “Company”) was
didirikan dengan nama “Perusahaan Negara established as “Perusahaan Negara (“PN”)
(“PN”) Aneka Tambang” di Republik Indonesia Aneka Tambang” in the Republic of Indonesia
pada tanggal 5 Juli 1968 berdasarkan on 5 July 1968, based on Government
Peraturan Pemerintah (“PP”) No. 22 Tahun Regulation (“GR”) No. 22 of 1968. The
1968. Pendirian tersebut diumumkan dalam establishment was published in Supplement
Tambahan No. 36, Berita Negara No. 56, No. 36 of the State Gazette No. 56 dated
tanggal 5 Juli 1968. Pada tanggal 5 July 1968. On 14 September 1974, based on
14 September 1974, berdasarkan PP No. 26 GR No. 26 of 1974, the status of the Company
Tahun 1974, status Perusahaan diubah dari was changed from a PN to a state-owned
PN menjadi Perusahaan Negara Perseroan limited liability company (“Perusahaan
Terbatas (“Perusahaan Perseroan”) Perseroan”) based on Deed of Incorporation
berdasarkan Akta Pendirian No. 320 tanggal No. 320 dated 30 December 1974. On
30 Desember 1974. Pada tanggal 29 November 2017, based on the minutes of
29 November 2017, berdasarkan berita acara the Extraordinary General Meeting of
Rapat Umum Pemegang Saham Luar Biasa Shareholders (“EGMS”), the status of the
(“RUPSLB”), status Perusahaan diubah Company was changed to a limited liability
kembali menjadi perseroan terbatas dan sejak company and since then the Company has
saat itu dikenal sebagai “PT Aneka Tambang”. been known as “PT Aneka Tambang”.
Anggaran Dasar (“AD”) Perusahaan telah The Company’s Articles of Association (“AA”)
mengalami beberapa kali perubahan. have been amended several times. The latest
Perubahan terakhir terjadi pada tanggal amendment took place on 11 May 2018, in
11 Mei 2018 sehubungan dengan, antara lain, relation to, among others, changes of AA
perubahan AD terkait penggunaan laba. regarding changes in appropriation of
Perubahan ini telah dinyatakan dalam Akta earnings. These changes were stated in
Notaris No. 33 tertanggal 11 Mei 2018 oleh Notarial Deed No. 33 dated 11 May 2018, of
Jose Dima Satria, S.H., M.Kn. yang telah Jose Dima Satria, S.H., M.Kn. which has
memperoleh penerimaan pemberitahuan obtained the receipt of notification on the
perubahan AD dari Menteri Hukum dan Hak amendments to the AoA from the Minister of
Asasi Manusia Republik Indonesia Law and Human Rights of the Republic of
berdasarkan Surat Keputusan (“SK”) No. AHU- Indonesia, based on Decision Letter (“SK”) No.
AH.01.03-0212350 tanggal 5 Juni 2018. AHU-AH.01.03-0212350 dated 5 June 2018.
Berdasarkan Pasal 3 AD Perusahaan, maksud According to Article 3 of the Company’s AA, its
dan tujuan Perusahaan adalah berusaha purpose and business objective consists of the
dalam bidang pertambangan berbagai jenis mining of natural deposits and also
bahan galian, serta menjalankan usaha di manufacturing, trading, transportation and
bidang manufaktur, perdagangan, other mining-related services. The Company
pengangkutan dan jasa yang berkaitan dengan commenced its commercial operations on
pertambangan. Perusahaan mulai beroperasi 5 July 1968.
secara komersial pada tanggal 5 Juli 1968.
Pada tahun 1997, Perusahaan melakukan In 1997, the Company conducted an Initial
penawaran saham perdana kepada Public Offering (“IPO”) of 430,769,000 shares or
masyarakat sebanyak 430.769.000 saham 35% of its 1,230,769,000 issued and fully paid
yang merupakan 35% dari 1.230.769.000 shares. The shares offered to the public during
saham ditempatkan dan disetor penuh. the IPO were listed on the former Jakarta Stock
Penawaran saham kepada masyarakat Exchange and Surabaya Stock Exchange on
tersebut dicatat di Bursa Efek Jakarta dan 27 November 1997. In 2008, these stock
Bursa Efek Surabaya pada tanggal exchanges were merged to become the
27 November 1997. Pada tahun 2008, kedua Indonesia Stock Exchange (“IDX”).
bursa tersebut digabung menjadi Bursa Efek
Indonesia (“IDX”).


1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian dan informasi lainnya (lanjutan) a. Establishment and other information

(continued)
Pada tanggal 7 Oktober 2015, Perusahaan On 7 October 2015, the Company conducted a
melakukan Penawaran Umum Terbatas (“PUT Limited Public Offering (the “Rights Issue”) to the
I”) kepada para pemegang saham Perusahaan shareholders of the Company in the Framework
dalam rangka penerbitan Hak Memesan Efek of an Issuance of Preemptive Rights (“IPR”)
Terlebih Dahulu (“HMETD”) dimana where the Company offered up to
Perusahaan menawarkan sejumlah 14,492,304,975 newly issued Series B common
14.492.304.975 saham biasa atas nama Seri B shares with a par value of Rp100 (full amount)
dengan nilai nominal Rp100 (nilai penuh) per per share or up to 60% (sixty percent) of the
saham atau sebanyak-banyaknya 60% (enam Company’s issued and fully paid capital after the
puluh persen) dari modal ditempatkan dan Rights Issue.
disetor penuh setelah PUT I.
Dalam PUT I tersebut, Pemerintah Republik During the Rights Issue, the Government of the
Indonesia melaksanakan seluruh HMETD-nya Republic of Indonesia exercised all of its
dan menyetorkan dana sebesar Preemptive Rights and injected
Rp3.494.820.000 untuk mendapatkan saham Rp3,494,820,000 to obtain 9,420,000,000
biasa Seri B sejumlah 9.420.000.000 lembar. Series B common shares. The remaining
Sisa saham sejumlah 5.072.304.975 lembar 5,072,304,975 shares were fully absorbed by
telah diserap penuh oleh Pemegang Saham Public Shareholders and generated additional
Publik dan memberikan tambahan modal capital of Rp1,881,825,146. The composition of
sebesar Rp1.881.825.146. Komposisi the ownership of the Company’s issued and fully
kepemilikan modal yang ditempatkan dan paid capital as at the completion of the Rights
disetor penuh Perseroan pada akhir Issue is the Government of the Republic of
pelaksanaan PUT I Perseroan adalah Indonesia (65%) and the Public Shareholders
Pemerintah Republik Indonesia (65%) dan (35%).
Pemegang Saham Publik (35%).
Pada tanggal 29 November 2017, Perusahaan On 29 November 2017, the Company held an
mengadakan RUPSLB terkait perubahan EGMS regarding changes in ownership from the
kepemilikan saham dari Pemerintah Republik Government of the Republic of Indonesia to PT
Indonesia menjadi PT Indonesia Asahan Indonesia Asahan Aluminium (Persero)
Aluminium (Persero) (“Inalum”). Komposisi (“Inalum”). The composition of the ownership of
kepemilikan modal yang ditempatkan dan the Company’s issued and fully paid capital as at
disetor penuh Perusahaan pada tanggal 31 December 2019 and 2018, is Inalum (65%)
31 Desember 2019 dan 2018 adalah Inalum and public shareholders (35%).
(65%) dan pemegang saham publik (35%).
Pada tanggal 31 Desember 2019 dan As at 31 December 2019 and 2018, all of the
2018, semua saham ditempatkan dan disetor Company’s issued and fully paid shares of
penuh sejumlah 24.030.764.725 lembar saham 24,030,764,725 shares were listed on the IDX.
telah dicatat di IDX.
Pada tahun 2002, saham Perusahaan In 2002, the Company’s shares were listed on
dicatatkan di Bursa Efek Australia (“BEA”) the Australian Securities Exchange (“ASX”)
sebagai Chess Depository Interests (“CDI”). where its shares have been traded as Chess
Pada tanggal 31 Desember 2019 dan 2018, Depository Interests (“CDI”). As at
unit yang diperdagangkan di BEA adalah 31 December 2019 and 2018, a total of
sejumlah 1.301.315 unit CDI yang merupakan 1,301,315 CDI units were traded on the ASX
6.506.575 saham biasa Seri B. representing 6,506,575 Series B common
shares.
Kantor pusat Perusahaan berlokasi di Gedung The Company’s head office is located in Gedung
Aneka Tambang, Jl. Letjen T.B. Simatupang Aneka Tambang, Jl. Letjen T.B. Simatupang No.
No. 1, Lingkar Selatan, Tanjung Barat, Jakarta, 1, Lingkar Selatan, Tanjung Barat, Jakarta,
Indonesia. Grup memiliki Izin Usaha Indonesia. The Group has Mining Business
Pertambangan (“IUP”) di berbagai lokasi di Permits (“IUP”) in several locations in Indonesia.
Indonesia.


a. Pendirian dan informasi lainnya (lanjutan) a. Establishment and other information

(continued)
Susunan Dewan Komisaris dan Direksi The composition of the Company’s Boards of
Perusahaan pada tanggal 31 Desember 2019 Commissioners and Directors as at
adalah sebagai berikut: 31 December 2019, is as follows:
Dewan Komisaris Board of Commissioners

Komisaris Utama Letnan Jenderal TNI (Purn) Agus Surya Bakti, M.I.Kom. President Commissioner
Komisaris Zaelani, S.E. Commissioners
Dr. Ir. Dadan Kusdiana, M.Sc.
Arif Baharudin S.E., M.B.A., C.A.
Komisaris Independen Prof. Dr. der Soz. Gumilar Rusliwa Somantri Independent Commissioners
Ir. Anang Sri Kusuwardono

Direktur Utama Dana Amin President Director
Direktur Anton Herdianto, S.E., Ak. Directors
Risono, S.T.
Aprilandi Hidayat Setia, S.T., M.M., MBA
Hartono, S.T.
Ir. Luki Setiawan Suardi
Susunan Dewan Komisaris dan Direksi The composition of the Company’s Boards of
Perusahaan pada tanggal 31 Desember 2018 Commissioners and Directors as at
adalah sebagai berikut: 31 December 2018, was as follows:
Dewan Komisaris Board of Commissioners

Komisaris Utama Jenderal TNI (Purn) Fachrul Razi, S.Ip, S.H., M.H. President Commissioner
Komisaris Prof. Robert A. Simanjuntak, S.E., M.Sc., Ph.D. Commissioners
Ir. Bambang Gatot Ariyono M.M., DESS.
Zaelani, S.E.
Komisaris Independen Prof. Dr. der Soz. Gumilar Rusliwa Somantri Independent Commissioners
Ir. Anang Sri Kusuwardono

Direktur Utama Arie Prabowo Ariotedjo, M.Sc. President Director
Direktur Dimas Wikan Pramudhito, B.Sc, MBA Directors
Ir. Sutrisno S. Tatetdagat, M.M.
Tatang Hendra, S.T., M.Si.
Ir. Hari Widjajanto, M.M.
Johan N.B. Nababan, S.E.
Susunan Komite Audit Perusahaan pada The composition of the Company’s Audit
tanggal 31 Desember 2019 dan 2018 adalah Committee as at 31 December 2019 and
sebagai berikut: 2018, is as follows:
Ketua Prof. Dr. der Soz. Gumilar Rusliwa Somantri Chairman

Wakil Ketua Zaelani, S.E. Vice Chairman
Anggota Drs. Mursyid Amal, M.M. Members
Dr. Ir. Rukmana Nugraha Adhi, DEA.
Pada tanggal 31 Desember 2019 dan As at 31 December 2019 and 2018, the Group
2018, Grup mempunyai masing-masing 3.984 had 3,984 and 3,637 permanent employees,
dan 3.637 orang karyawan tetap (tidak diaudit). respectively (unaudited).


b. Entitas anak b. Subsidiaries
Grup mengkonsolidasikan entitas anak berikut The Group consolidates the following
di mana Grup memiliki pengendalian: subsidiaries over which the Group has control:
Mulai
beroperasi
komersial/
Persentase kepemilikan/ Start of Jumlah aset sebelum eliminasi/
Entitas anak/ Domisili/ Jenis usaha/ Percentage of ownership commercial Total assets before elimination
Subsidiaries Domicile Nature of business 2019 2018 operations 2019 2018
Kepemilikan langsung/Direct ownership:
1. Asia Pacific Nickel Australia Perusahaan investasi/ 100.00% 100.00% 2003 341,767,481 227,307,551
Pty., Ltd. (“APN”) Investment company
2. PT Indonesia Coal Indonesia Perdagangan, transportasi 100.00% 100.00% 2010 42,452,594 68,170,140
Resources dan jasa tambang batubara/
(“ICR”) Coal mining trade,
transportation and services
3. PT Antam Indonesia Eksplorasi dan operator 99.98% 99.98% 1997 161,169,818 153,491,798
Resourcindo tambang/
(“ARI”) Mining exploration
and operator
4. PT Mega Citra Indonesia Konstruksi, perdagangan, 100.00% 100.00% - 62,012,712 106,909,062
Utama perindustrian, pertanian
(“MCU”)** dan pertambangan/
Construction, trading, industry,
agriculture and mining
5. PT Abuki Jaya Indonesia Pengolahan stainless steel/ 100.00% 100.00% - 10,344,393 20,263,237
Stainless Manufacturing of
Indonesia stainless steel
(“AJSI”)*&**
6. PT Borneo Edo Indonesia Pembangunan, perdagangan, 100.00% 100.00% - 46,046,145 44,477,294
International perindustrian, pertanian
(“BEI”)** dan pertambangan/
agriculture and mining
7. PT Dwimitra Indonesia Eksplorasi dan 100.00% 100.00% - 1,138,884 5,375,103
Enggang operator tambang/
Khatulistiwa Mining exploration
(“DEK”)** and operator
8. PT Cibaliung Indonesia Eksplorasi, konstruksi dan 100.00% 100.00% 2010 148,253,168 155,874,926
Sumberdaya pengembangan tambang,
(“CSD”)* penambangan, produksi,
pengolahan dan pemurnian,
pengangkutan dan penjualan
di industri emas/
Exploration, construction and
mine development, mining,
production, processing and
refining, haulage and sales in
the gold mining industry
9. PT International Indonesia Jasa dan perdagangan/ 100.00% 100.00% 2011 621,991,867 628,282,951
Mineral Capital Services and trading
(“IMC”)
10. PT Borneo Edo Indonesia Perkebunan, perindustrian, 100.00% 100.00% - 41,586 41,586
International pengangkutan hasil
Agro (“BEIA”)** perkebunan, perdagangan
dan jasa/
Agriculture, industry,
agricultural land transportation,
trading
and services
11. PT Kawasan Indonesia Jasa manajemen 100.00% 100.00% - 51,000 46,123
Industri Antam kawasan industri/
Timur (“KIAT”)** Management service
of industrial area
12. PT Indonesia Indonesia Pengolahan dan pemurnian 100.00% 100.00% 2010 4,387,905,343 4,952,920,048
Chemical hasil tambang bauksit
Alumina (“ICA”)* menjadi produk alumina,
pengangkutan, perdagangan
dan pendistribusian produk
alumina/
Production and refinery of
bauxite ore into alumina
products, transportation,
trade and distribution of
alumina products
* Disajikan kembali (lihat Catatan 4) * As restated (refer to Note 4)

** Sampai dengan tanggal 31 Desember 2019, MCU, AJSI, BEI, DEK, ** As at 31 December 2019, MCU, AJSI, BEI, DEK, BEIA, GK, AEI and
BEIA, GK, AEI dan KIAT sudah tidak aktif beroperasi atau belum KIAT had either been dormant or not yet started their respective
beroperasi secara komersial. commercial operations.


b. Entitas anak (lanjutan) b. Subsidiaries (continued)

Mulai
beroperasi
komersial/
Persentase kepemilikan/ Start of Jumlah aset sebelum eliminasi/
Entitas anak/ Domisili/ Jenis usaha/ Percentage of ownership commercial Total assets before elimination
Subsidiaries Domicile Nature of business 2019 2018 operations 2019 2018
Kepemilikan tidak langsung/Indirect ownership:
13. PT Gag Nikel Indonesia Eksplorasi dan 100.00% 100.00% 2018 337,804,254 226,688,381
(“GAG”) (melalui operator tambang/
APN/through Mining exploration
APN) and operator
14. PT Citra Tobindo Indonesia Eksplorasi dan operator 100.00% 100.00% 2011 21,219,912 51,860,744
Sukses Perkasa tambang batubara/
(“CTSP”) (melalui Coal mining exploration
ICR/through ICR) and operator
15. PT Feni Haltim Indonesia Perdagangan, 100.00% 100.00% 2016 595,812,036 604,475,739
(“FHT”)* (melalui pembangunan dan jasa/
IMC/through IMC) Trading, construction
and services
16. PT Gunung Kendaik Indonesia Pembangunan, perdagangan, 100.00% 100.00% - 8,221,945 6,165,852
(“GK”)** (melalui perindustrian, pertanian,
MCU/through pengangkutan darat, jasa,
MCU) pertambangan dan
percetakan/
agriculture, ground
transportation, services,
mining and printing
17. PT Nusa Karya Indonesia Jasa pertambangan 100.00% 100.00% 2014 10,398,003 13,286,895
Arindo (“NKA”) mineral dan batubara/
(melalui ARI/ Mineral and coal
through ARI) mining service
18. PT Sumberdaya Indonesia Jasa pertambangan 100.00% 100.00% 2015 53,980,414 47,674,543
Arindo (“SDA”) mineral dan batubara/
(melalui ARI/ Mineral and coal
through ARI) mining service
19. PT Antam Energi Indonesia Jasa, perdagangan, 100.00% 100.00% - 123,793 86,206
Indonesia (“AEI”)** dan perindustrian/
(melalui IMC, ARI Services, trade
dan ICR/through and industry
IMC, ARI, and ICR)
* Disajikan kembali (lihat Catatan 4) * As restated (refer to Note 4)

** Sampai dengan tanggal 31 Desember 2019, MCU, AJSI, BEI, DEK, ** As at 31 December 2019, MCU, AJSI, BEI, DEK, BEIA, GK, AEI and
BEIA, GK, AEI dan KIAT sudah tidak aktif beroperasi atau belum KIAT had either been dormant or not yet started their respective
beroperasi secara komersial. commercial operations.
Entitas induk langsung dan utama Perusahaan The Company’s immediate and ultimate parent
adalah Inalum, perusahaan yang didirikan di company is Inalum, a company incorporated in
Indonesia dan dikendalikan oleh Pemerintah Indonesia and controlled by the Government of
Republik Indonesia. the Republic of Indonesia.


c. Wilayah eksplorasi dan eksploitasi c. Exploration and exploitation areas
Pada tanggal 31 Desember 2019, Grup As at 31 December 2019, the Group had the
memiliki wilayah eksplorasi dan eksploitasi following exploration and exploitation areas
yang tercakup dalam berbagai IUP, covered by several IUPs, previously known as
sebelumnya disebut “Kuasa Pertambangan”: “Kuasa Pertambangan”:
Izin Usaha Cadangan (dalam ’000 ton)/ Sumber daya (dalam ’000 ton)/
Pertambangan/ IUP Operasi Reserves (in ’000 tons) Resources (in ’000 tons)
Mining Area (Ha) Produksi/ (tidak diaudit/unaudited) (tidak diaudit/unaudited)
Business Permits (tidak diaudit/ IUP Eksplorasi/ IUP Operation Terbukti/ Terkira/ Terukur/ Terkini/
Lokasi/Location (IUP) unaudited) IUP Exploration Production Proved Probable Measured Indicated
Milik Perusahaan/Owned by the Company:
Batang Asai, KW.05 KP 4,556 SK Bupati Sarolangun No. 624 - - - - -

Sarolangun, Jambi** 010407 Tahun/Year 2014 (dalam proses
suspensi sampai dengan/
suspended until 4/3/2020)
Kec. Sungai Tenang, 184/ESDM/2010 9,690 SK Bupati Merangin No. 184/ - - - - -

Merangin, Jambi** ESDM/2010 (dalam proses
Desa Talang Tembago, 185/ESDM/2010 7,633 SK Bupati Merangin No. 185/ - - - - -

Merangin, Jambi** ESDM/2010 (dalam proses
Cibaliung, KW 96PP019 5,302 - SK Bupati Pandeglang No. - - - -

Pandeglang, 541.23/Kep.747-BPPT/2013
Banten berlaku sampai dengan/
valid until 3/5/2025
UBPP Logam Mulia, - - - IUP Operasi Produksi Khusus - - - -

Jakarta untuk Pengolahan dan
Pemurnian Mineral sesuai SK
Menteri ESDM No.
261.K/30/DJB/2011
Ds. Bantar Karet, KW 98PP0138 6,047 - SK Bupati Bogor No. 373 6 1,885 1,526
Kec. Nanggung, 541.2/005/kpts/ESDM/
Bogor, Jawa Barat/ 2010 (98PP0138)
West Java berlaku sampai dengan/
Ciarinem, Papandayan - 4,513 - SK Bupati Garut - 3,161 2,920 1,970

Garut, Jawa Barat/ No. 256/I/IUP/PMDN//2019
West Java berlaku sampai dengan/
Desa Wotgalih, Kec. - 462 - SK Bupati Lumajang No. - - - -

Yosowilangun, Kec. 188.45/225/427.12/2011
Lumajang, Jawa berlaku sampai dengan/
Mempawah Hulu, MPH/MSL/SMP- 20,710 SK Bupati Landak No. 9,710 53,840 64,870 8,730
Landak, Kalimantan PROD02.14 544.11/330/HK-2014
Barat/ berlaku sampai dengan/
West Kalimantan valid until 16/12/2034
Toho, Mempawah, - 12,630 - SK Bupati Pontianak 11,250 4,260 16,210 6,630

Pontianak, No. 221 Tahun/Year 2009
Kalimantan Barat/ berlaku sampai dengan/
Toho, Mempawah, - 2,374 - SK Gubernur - - - -

Pontianak, Kalimantan Barat No.
Kalimantan Barat/ 444/Distamben/2015
West Kalimantan berlaku sampai dengan/
Tayan, Sanggau, KW 98PPO183 34,360 - SK Gubernur 6,790 32,280 89,450 59,340

Kalimantan Barat/ Kalimantan Barat
West Kalimantan No. 15/Distamben/2015 berlaku
sampai dengan/
Lasolo, KW 99STP057a 6,213 - SK Bupati Konawe Utara 40,880 45,980 84,210 125,760
Konawe Utara, No. 15 Tahun/Year 2010
Sulawesi Tenggara/ berlaku sampai dengan/
Southeast Sulawesi valid until 11/1/2030
*) dalam proses peningkatan operasi produksi/production operation upgrade of permits in progress

**) dalam proses suspensi/suspension of permits in progress
***) dalam proses perpanjangan/extension of permits in progress
****) disajikan kembali (lihat Catatan 4)/as restated (refer to Note 4)


c. Wilayah eksplorasi dan eksploitasi (lanjutan) c. Exploration and exploitation areas

(continued)
Milik Perusahaan/Owned by the Company:
Asera dan/and Molawe, KW 10 APR OP 16,920 - SK Bupati Konawe Utara - - 26,240 33,960
Konawe Utara, 005 No. 158 Tahun/Year 2010
Sulawesi Tenggara/ berlaku sampai dengan/
Southeast Sulawesi valid until 29/4/2030
Pomalaa, Kolaka, WSPM 016 1,954 - SK Bupati Kolaka No. 198 3,890 1,530 5,390 9,690
Sulawesi Tenggara/ Tahun/Year 2010
Southeast Sulawesi berlaku sampai dengan/
Batu Kilat, Kolaka, WSPM 017 878 - SK Bupati Kolaka No. 199 - 213 - 880
Sitallo, Kolaka, KW WSPM.015 584 - SK Bupati Kolaka 4,080 780 6,540 3,380
Sulawesi Tenggara/ No.188.45/100/2014
Maniang, Kolaka, WSWD 003 195 - SK Bupati Kolaka No. 150 - - - -
Tambea, Kolaka, KW WSPM.014 2,712 - SK Bupati Kolaka No. 2,050 5,530 6,330 20,070
Sulawesi Tenggara/ 188.45/099/2014
Buli Serani, KW 97PP0443 39,040 - SK Bupati Halmahera Timur 87,810 108,810 365,560 295,430
Halmahera Timur, No. 188.45/540-170/2011
Maluku Utara/ berlaku sampai dengan/
North Maluku valid until 27/10/2040
Oksibil, 49,740 SK Gubernur Papua - - - - -

Pegunungan - No. 540/2876/SET Tahun/
Bintang, Papua** Year 2010 (dalam proses

Bintang, Papua** Year 2010 (Surat Dirjen
Minerba No 46/33.01/DJB/2019
tanggal/dated 22/3/2019
tentang Pengaktifan Kembali
Tahap Kegiatan Eksplorasi)
Milik Entitas Anak/Owned by the Subsidiaries:
CTSP - Mandiangin, KW.97 KP. 199 - SK Bupati Sarolangun No. 34 - - - -

Sarolangun, Jambi*** 290310 Tahun/Year 2010
berlaku sampai dengan/
BEI - Sebadu, Mandor, MJL/MDR/SmP/S 19,090 - SK Bupati Landak - - 8,720 4,580
Kalimantan Barat/ HT/SBK- No.544.11/264/HK-2014
West Kalimantan PROD01.14 berlaku sampai dengan/
BEI - Menjalin, Landak, MPH/MJL/SPK/ 18,630 - SK Bupati Landak No. - - 13,010 12,210
Kalimantan Barat/ STH/MYK- 544.11/98/HK-2013
West Kalimantan PROD01.13 berlaku sampai dengan/
DEK - Menjalin, Landak, MJL-EKPR17.10 4,900 SK Bupati Landak No. 544.2/ - - - 1,800 -
Kalimantan Barat/ 313/HK-2009 (dalam proses
West Kalimantan*** suspensi sesuai SK DMPTSP
Kalbar No. 503/10/IUP-
EKSPL/DPMPTSP-C.II/2020
sampai dengan/

**) dalam proses pelepasan/discharge of permits in progress
***) dalam proses perpanjangan/extension of permits in progress


c. Wilayah eksplorasi dan eksploitasi (lanjutan) c. Exploration and exploitation areas

(continued)
Milik Entitas Anak (lanjutan)/Owned by the Subsidiaries (continued):

MCU - Meliau, Sanggau, 444/2009/SGU 10,000 - SK Gubernur Kalimantan - - 31,840 14,250
Kalimantan Barat/ Barat No. 503/16/IUP-
West Kalimantan OP.P/DPMPTSP-C.11/2019
valid until 21/12/2028.
GAG - Pulau Gag, 96PK0053 13,136 - Kontrak Karya/ 9,530 46,970 20,160 70,050
Raja Ampat, Contract of Work sesuai
Papua Barat/ SK Menteri ESDM
West Papua* No.324.K/30/DJB/2015
CSD - Cibaliung, KW 96 PPO019 1,340 - SK Bupati Pandeglang No. 139 146 1,214 417
Pandeglang Banten**** 821.13/Kep.1351-BPPT/2014
GK - Mempawah Hulu 23.61.08.2. 12,184 - SK Gubernur Kalimantan - - - -

dan/and Banyuke Hulu, 17.2.015.059 Barat 573/Distamben/2015
Kalimantan Barat/ berlaku sampai dengan/
ICA - Tayan Hilir, 668.K/30/DJB/ - - IUP Operasi Produksi - - - -

Sanggau, 2012 Khusus untuk Pengolahan
Kalimantan Barat/ dan Pemurnian Mineral
West Kalimantan sesuai SK Menteri ESDM No.
668.K/30/DJB/2012
- - - -
AJSI - Mandiodo, - 343 - IUP Operasi Produksi
Konawe Utara, Khusus Pengolahan dan
Sulawesi Tenggara/ Pemurnian sesuai SK Bupati
Southeast Sulawesi Konawe Utara No. 87
Tahun/Year 2011
AJSI - Mandiodo, - - - IUP Operasi Produksi - - - -
Konawe Utara, Khusus Pengangkutan dan
Sulawesi Tenggara/ Penjualan sesuai SK Bupati
Southeast Sulawesi Konawe Utara No. 88
Tahun/Year 2011
FHT - Buli, Maba, 872.K/30/DJB/ - - IUP Operasi Produksi - - - -
Maluku Utara/ 2012 Khusus untuk Pengolahan
North Maluku dan Pemurnian Mineral
sesuai SK Menteri ESDM No.
668.K/30/DJB/2012

**) dalam proses suspensi/suspense of permits in progress
***) dalam proses perpanjangan izin/extension of permits in progress
Informasi terkait sumber daya mineral atau The information in these consolidated financial
cadangan bijih (tidak diaudit) yang tercantum di statements that relates to mineral resources or ore
dalam laporan keuangan konsolidasian ini reserves (unaudited) is based on information
didasarkan pada informasi yang disusun oleh compiled by Bronto Sutopo, who is a Member of
Bronto Sutopo, yang merupakan anggota The the Australasian Institute of Mining and Metallurgy.
Australasian Institute of Mining and Metallurgy. Bronto Sutopo possesses relevant experience as
Bronto Sutopo memiliki pengalaman yang relevan a Competent Person as defined in the 2012
untuk menjadi Competent Person sebagaimana Edition of the 'Australasian Code for Reporting of
didefinisikan dalam 2012 Edition of the Exploration Results, Mineral Resources and Ore
'Australasian Code for Reporting of Exploration Reserves'.
Results, Mineral Resources and Ore Reserves'.
Terkait dengan laporan mengenai jenis Related to the reports of mineralisation and
mineralisasi dan tipe kandungan mineral yang type of deposit being reported on by him and
diukur dan aktivitas yang beliau lakukan, beliau to the activity which he was undertaking, he
menyetujui pengungkapan di dalam laporan consents to the inclusion in these consolidated
keuangan konsolidasian ini atas hal-hal financial statements of the matters based on
berdasarkan informasinya dalam bentuk dan his report of mineralisation and type of deposit
konteks informasi tersebut ditampilkan. reported in the form and context in which the
information appeared.


2. KEBIJAKAN AKUNTANSI PENTING 2. SIGNIFICANT ACCOUNTING POLICIES
Manajemen Perusahaan bertanggung jawab atas The Company’s management is responsible for the
penyusunan dan penyajian wajar laporan keuangan preparation and fair presentation of these
konsolidasian ini, yang telah disetujui dan diotorisasi consolidated financial statements, which were
untuk diterbitkan oleh Direksi Perusahaan pada tanggal approved and authorised for issuance by the Board
13 April 2020, sebagaimana telah direviu dan of Directors of the Company on 13 April 2020, as
direkomendasikan untuk disetujui oleh Komite Audit reviewed and recommended for approval by the
Perusahaan. Audit Committee of the Company.
a. Dasar penyusunan laporan keuangan a. Basis of consolidated financial statements

konsolidasian preparation
Laporan keuangan konsolidasian Grup disusun The Group’s consolidated financial statements
berdasarkan Standar Akuntansi Keuangan di have been prepared in accordance with
Indonesia dan Peraturan yang ditetapkan oleh Indonesian Financial Accounting Standards
Otoritas Jasa Keuangan (“OJK”) No. VIII.G.7 and Regulation of the Financial Services
mengenai “Penyajian dan Pengungkapan Authority (“OJK”) No. VIII.G.7 concerning the
Laporan Keuangan Emiten atau Perusahaan “Presentation and Disclosures of Financial
Publik”. Statements of Issuers or Public Companies”.
Laporan keuangan konsolidasian disusun The consolidated financial statements have

berdasarkan konsep akuntansi harga been prepared under the historical cost
perolehan, kecuali tanah yang diukur pada concept of accounting, except for land
jumlah yang direvaluasi dan instrumen measured at its revalued amount and
keuangan derivatif yang diukur pada nilai wajar, derivative financial instruments measured at
serta menggunakan dasar akrual kecuali untuk fair value, and using the accrual basis except
laporan arus kas konsolidasian. for the consolidated statement of cash flows.
Laporan arus kas konsolidasian disusun The consolidated statement of cash flows is
dengan menggunakan metode langsung prepared based on the direct method by
dengan mengelompokkan arus kas ke dalam classifying cash flows on the basis of
aktivitas operasi, investasi dan pendanaan. operating, investing, and financing activities.
Kecuali dinyatakan pada Catatan 2b, kebijakan Except as described in Note 2b, the accounting
akuntansi telah diterapkan secara konsisten policies applied are consistent with those of the
dengan laporan keuangan konsolidasian untuk consolidated financial statements for the year
tahun yang berakhir 31 Desember 2018 ended 31 December 2018 (after restatement,
(setelah penyajian kembali, lihat Catatan 4) see Note 4), which conform to Indonesian
yang telah sesuai dengan Standar Akuntansi Financial Accounting Standards.
Keuangan di Indonesia.
Untuk memberikan pemahaman yang lebih In order to provide further understanding of the
baik atas kinerja keuangan Grup, karena sifat financial performance of the Group, due to the
dan jumlahnya yang signifikan, beberapa item significance of their nature or amount, several
pendapatan dan beban telah disajikan secara items of income or expense have been shown
terpisah. separately.
Penyusunan laporan keuangan konsolidasian The preparation of consolidated financial

sesuai dengan Standar Akuntansi Keuangan di statements in conformity with Indonesian
Indonesia mengharuskan penggunaan Financial Accounting Standards requires the
estimasi dan asumsi. Hal tersebut juga use of certain critical accounting estimates and
mengharuskan manajemen untuk membuat asumptions. It also requires management to
pertimbangan dalam proses penerapan exercise its judgment in the process of
kebijakan akuntansi Grup. Area yang kompleks applying the Group’s accounting policies. The
atau memerlukan tingkat pertimbangan yang areas involving a higher degree of judgment or
lebih tinggi atau area di mana asumsi dan complexity, or areas where assumptions and
estimasi dapat berdampak signifikan terhadap estimates are significant to the consolidated
laporan keuangan konsolidasian diungkapkan financial statements are disclosed in Note 3.
di Catatan 3.


2. KEBIJAKAN AKUNTANSI PENTING (lanjutan) 2. SIGNIFICANT ACCOUNTING POLICIES

(continued)
b. Perubahan pada Pernyataan Standar b. Changes to Statements of Financial

Akuntansi Keuangan (“PSAK”) dan Accounting Standards (“SFAS”) and
Interpretasi Pernyataan Standar Akuntansi Interpretations of Statements of Financial
Keuangan (“ISAK”) Accounting Standards (“ISFAS”)
Penerapan dari amandemen, penyesuaian The adoption of the following amendment,

tahunan dan interpretasi terhadap standar annual improvements and interpretations to
akuntansi, yang berlaku efektif sejak 1 Januari accounting standards which are effective from
2019 tidak menyebabkan perubahan signifikan 1 January 2019, did not result in substantial
atas kebijakan akuntansi Grup dan tidak changes to the Group’s accounting policies
berdampak material terhadap laporan and had no material impact on the consolidated
keuangan konsolidasian Grup:
financial statements of the Group:
- Amendemen PSAK 24 “Imbalan Kerja” - Amendment to SFAS 24 “Employee

Benefits”
- Penyesuaian tahunan PSAK 22 “Kombinasi - Annual improvement to SFAS 22
Bisnis” “Business Combinations”
- Penyesuaian tahunan PSAK 26 “Biaya - Annual improvement to SFAS 26
Pinjaman” “Borrowing Costs”
- Penyesuaian tahunan PSAK 46 “Pajak - Annual improvement to SFAS 46 “Income
Penghasilan” Taxes”
- Penyesuaian tahunan PSAK 66 - Annual improvement to SFAS 66 “Joint
“Pengendalian Bersama” Arrangements”
- ISAK 33 “Transaksi Valuta Asing dan - ISFAS 33 “Foreign Currency Transactions
Imbalan di Muka” and Advance Consideration”
- ISAK 34 “Ketidakpastian dalam Perlakuan - ISFAS 34 “Uncertainty over Income Tax
Pajak Penghasilan” Treatments”
Standar baru, amandemen, penyesuaian New standards, amendments, annual

tahunan dan interpretasi yang telah diterbitkan, improvements and interpretations issued but
namun belum berlaku efektif untuk tahun buku not yet effective for the financial year beginning
yang dimulai pada tanggal 1 Januari 2019 1 January 2019, are as follows:
adalah sebagai berikut:
- PSAK 71 “Instrumen Keuangan” - SFAS 71 “Financial Instruments”

- PSAK 72 “Pendapatan dari Kontrak dengan - SFAS 72 “Revenue from Contracts with
Pelanggan” Customers”
- PSAK 73 “Sewa” - SFAS 73 “Leases”
- PSAK 112 “Akuntansi Wakaf” - SFAS 112 “Accounting for Endowments”
- Amandemen PSAK 1 “Penyajian Laporan - Amendment to SFAS 1 “Presentation of
Keuangan” Financial Statements”
- Amandemen PSAK 15 “Investasi pada - Amendment to SFAS 15 “Investment in
Entitas Asosiasi dan Ventura Bersama” Associates and Joint Ventures”
- Amandemen PSAK 22 “Kombinasi Bisnis” - Amendment to SFAS 22 “Business
Combinations”
- Amandemen PSAK 25 “Kebijakan - Amendment to SFAS 25 “Accounting
Akuntansi, Perubahan Estimasi Akuntansi Policies, Changes in Accounting
dan Kesalahan” Estimates and Errors”
- Amandemen PSAK 62 “Kontrak Asuransi - - Amendment to SFAS 62 “Insurance
Menerapkan PSAK 71: Instrumen Contracts - Applying SFAS 71: Financial
Keuangan dengan PSAK 62: Kontrak Instruments to SFAS 62: Insurance
Asuransi” Contracts”
- Amandemen PSAK 71 “Instrumen - Amendment to SFAS 71 “Financial
Keuangan” Instruments”
- Penyesuaian tahunan PSAK 1 “Penyajian - Annual improvement to SFAS 1
Laporan Keuangan“ “Presentation of Financial Statements“
- ISAK 35 “Penyajian Laporan Keuangan - ISFAS 35 “Presentation of Non-profit
Entitas Berorientasi Nonlaba“ Oriented Entity Financial Statements“



(continued)
b. Perubahan pada Pernyataan Standar b. Changes to Statements of Financial

Akuntansi Keuangan (“PSAK”) dan Accounting Standards (“SFAS”) and
Interpretasi Pernyataan Standar Akuntansi Interpretations of Statements of Financial
Keuangan (“ISAK”) (lanjutan) Accounting Standards (“ISFAS”)
(continued)
Standar baru, amandemen, penyesuaian The above new standards, amendments,

tahunan dan interpretasi di atas berlaku efektif annual improvements and interpretations are
mulai 1 Januari 2020, kecuali PSAK 112 dan effective 1 January 2020, except for SFAS 112
Amandemen PSAK 22 yang berlaku efektif and amendment to SFAS 22 which are
mulai 1 Januari 2021, namun penerapan dini effective 1 January 2021, but early adoption is
atas stándar-stándar tersebut diperkenankan. permitted.
Pada tanggal penerbitan laporan keuangan As at the issuance date of these consolidated
konsolidasian ini, Grup sedang mempelajari financial statements, the Group is evaluating
dampak yang mungkin timbul dari penerapan the potential impact of these new standards,
standar baru, amandemen, penyesuaian amendments, annual improvements and
tahunan dan interpretasi pada laporan interpretations on the Group’s consolidated
keuangan konsolidasian Grup. financial statements.
c. Prinsip-prinsip konsolidasi c. Principles of consolidation
Entitas anak Subsidiaries
Entitas anak adalah seluruh entitas dimana Subsidiaries are all entities over which the
Grup memiliki pengendalian. Grup Group has control. The Group controls an
mengendalikan entitas lain ketika Grup entity when the Group is exposed to, or has
terekspos atas, atau memiliki hak untuk, rights to, variable returns from its involvement
pengembalian yang bervariasi dari with the entity and has the ability to affect those
keterlibatannya dengan entitas dan memiliki returns through its power over the entity.
kemampuan untuk mempengaruhi Subsidiaries are fully consolidated from the
pengembalian tersebut melalui kekuasaannya date on which control is transferred to the
atas entitas tersebut. Entitas anak Group. They are deconsolidated from the date
dikonsolidasikan secara penuh sejak tanggal on which that control ceases.
dimana pengendalian dialihkan kepada Grup.
Entitas anak tidak dikonsolidasikan lagi sejak
tanggal dimana Grup kehilangan
pengendalian.
Grup menerapkan metode akuisisi untuk The Group applies the acquisition method to
mencatat kombinasi bisnis. Imbalan yang account for business combinations. The
dialihkan untuk akuisisi suatu entitas anak consideration transferred for the acquisition of
adalah sebesar nilai wajar aset yang dialihkan, a subsidiary is the fair value of the assets
liabilitas yang diakui terhadap pemilik pihak transferred, the liabilities incurred to the former
yang diakusisi sebelumnya dan kepentingan owners of the acquiree and the equity interests
ekuitas yang diterbitkan oleh Grup. Imbalan issued by the Group. The consideration
yang dialihkan termasuk nilai wajar aset atau transferred includes the fair value of any asset
liabilitas yang timbul dari kesepakatan imbalan or liability resulting from a contingent
kontinjensi. Aset teridentifikasi yang diperoleh consideration arrangement. Identifiable assets
dan liabilitas serta liabilitas kontinjensi yang acquired and liabilities and contingent liabilities
diambil alih dalam suatu kombinasi bisnis assumed in a business combination are
diukur pada awalnya sebesar nilai wajar pada measured initially at their fair values at the
tanggal akuisisi. acquisition date.



(continued)
c. Prinsip-prinsip konsolidasi (lanjutan) c. Principles of consolidation (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
Grup mengakui kepentingan nonpengendali The Group recognises any non-controlling

pada pihak yang diakuisisi untuk setiap akuisisi interest in the acquiree on an acquisition-by-
yang dilakukan baik sebesar nilai wajar atau acquisition basis, either at fair value or at the
sebesar bagian proporsional kepentingan non-controlling interest’s proportionate share of
nonpengendali atas aset neto pihak yang the acquiree’s net assets. Non-controlling
diakuisisi. Kepentingan nonpengendali disajikan interest is reported as equity in the consolidated
di ekuitas dalam laporan posisi keuangan statement of financial position, separate from
konsolidasian, terpisah dari ekuitas pemilik the owner of the parent’s equity.
entitas induk.
Selisih lebih imbalan yang dialihkan, jumlah The excess of the consideration transferred, the
kepentingan nonpengendali pada pihak yang amount of any non-controlling interest in the
diakuisisi serta nilai wajar pada tanggal akuisisi acquiree and the acquisition-date fair value of
kepentingan ekuitas sebelumnya dimiliki pihak any previously held equity interest in the
pengakuisisi atas nilai wajar aset teridentifikasi acquiree over the fair value of the identifiable net
yang diakuisisi dicatat sebagai goodwill. Jika assets acquired are recorded as goodwill. If
jumlah tersebut lebih rendah dari nilai wajar atas those amounts are less than the fair value of the
aset bersih teridentifikasi dari bisnis yang net identifiable assets of the business acquired
diakuisisi dan pengukuran atas seluruh jumlah and the measurement of all amounts has been
tersebut telah ditelaah, dalam hal pembelian reviewed, in the case of a bargain purchase, the
dengan diskon, selisih tersebut diakui langsung difference is recognised directly in consolidated
ke dalam laporan laba rugi konsolidasian. profit or loss.
Imbalan kontinjensi yang masih harus dialihkan Any contingent consideration to be transferred
oleh Grup diakui sebesar nilai wajar pada by the Group is recognised at fair value as at the
tanggal akuisisi. Perubahan selanjutnya atas acquisition date. Subsequent changes to the fair
nilai wajar imbalan kontinjensi yang diakui value of the contingent consideration that is
sebagai aset atau liabilitas dan dicatat sesuai deemed to be an asset or a liability are
dengan PSAK 55 “Instrumen Keuangan: recognised in accordance with SFAS 55
Pengakuan dan Pengukuran”, dalam laporan “Financial Instruments: Recognition and
laba rugi konsolidasian. Imbalan kontinjensi Measurement” in consolidated profit or loss.
yang diklasifikasikan sebagai ekuitas tidak Contingent consideration that is classified as
diukur kembali dan penyelesaian selanjutnya equity is not remeasured and its subsequent
diperhitungkan dalam ekuitas. settlement is accounted for within equity.
Biaya terkait akuisisi dibebankan pada saat Acquisition related costs are expensed as
terjadinya. incurred.
Jika kombinasi bisnis diperoleh secara bertahap, If the business combination is achieved in
nilai wajar pada tanggal akuisisi dari stages, the acquisition date fair value of the
kepentingan ekuitas yang sebelumnya dimiliki acquirer’s previously held equity interest in the
oleh pihak pengakuisisi pada pihak yang acquiree is remeasured to fair value at the
diakuisisi diukur kembali ke nilai wajar tanggal acquisition date through profit or loss. If the
akuisisi melalui laporan laba rugi. Jika Grup telah Group has recognised changes in the value of
mengakui perubahan nilai wajar atas its equity interest in other comprehensive
kepentingan ekuitasnya dalam penghasilan income, the amount that was recognised in
komprehensif lain, jumlah yang telah diakui other comprehensive income shall be
dalam penghasilan komprehensif lain diakui recognised on the same basis as would be
dengan dasar yang sama sebagaimana required if the Group has disposed directly of the
dipersyaratkan jika Grup telah melepas secara previously held equity interest.
langsung kepentingan ekuitas yang dimiliki
sebelumnya.



(continued)
c. Prinsip-prinsip konsolidasi (lanjutan) c. Principles of consolidation (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
Transaksi, saldo dan keuntungan antar entitas Inter-company transactions, balances and
dalam Grup yang belum direalisasi telah unrealised gains on transactions between
dieliminasi. Kerugian yang belum direalisasi Group companies are eliminated. Unrealised
juga dieliminasi. Jika diperlukan, nilai yang losses are also eliminated. When necessary
dilaporkan oleh entitas anak telah diubah untuk amounts reported by subsidiaries have been
menyesuaikan dengan kebijakan akuntansi adjusted to conform to the Group’s accounting
yang diadopsi oleh Grup. policies.
Grup memperlakukan transaksi dengan The Group treats transactions with non-
kepentingan non-pengendali yang tidak controlling interests that do not result in a loss
mengakibatkan hilangnya kontrol sebagai of control as transactions with equity owners of
transaksi dengan pemilik ekuitas Grup. the Group. A change in ownership interest
Perubahan dalam kepemilikan menghasilkan results in an adjustment between the carrying
penyesuaian antara nilai tercatat dari amounts of the controlling and non-controlling
kepentingan pengendali dan non-pengendali interests to reflect their relative interests in the
untuk mencerminkan kepentingan relatifnya di subsidiary. Any difference between the amount
anak perusahaan. Selisih antara jumlah of the adjustment to non-controlling interests
penyesuaian untuk kepentingan non- and any consideration paid or received is
pengendali dan imbalan yang dibayarkan atau recognised in a separate reserve within equity
diterima diakui dalam cadangan terpisah dalam attributable to owners of the Group.
ekuitas yang dapat diatribusikan kepada
pemilik Grup.
Ketika Grup tidak lagi mengkonsolidasikan When the Group ceases to consolidate a
entitas anak karena hilangnya pengendalian, subsidiary because of a loss of control, any
maka kepentingan yang masih tersisa atas retained interest in the entity is remeasured to
entitas anak diukur kembali berdasarkan nilai its fair value, with the change in carrying
wajarnya, dan perubahan nilai tercatat diakui amount recognised in profit or loss. The fair
dalam laporan laba rugi. Nilai tercatat awal value is the initial carrying amount for the
adalah sebesar nilai wajar untuk kepentingan purposes of subsequently accounting for the
pengukuran kembali kepentingan yang tersisa retained interest as an associate, joint venture
sebagai entitas asosiasi, ventura bersama atau or financial asset. In addition, any amounts
aset keuangan. Di samping itu, jumlah yang previously recognised in other comprehensive
sebelumnya diakui pada pendapatan income in respect of that entity are accounted
komprehensif lain sehubungan dengan entitas for as if the Group had directly disposed of the
tersebut dicatat seolah-olah Grup telah related assets or liabilities. This may mean that
melepas aset atau liabilitas terkait. Hal ini dapat amounts previously recognised in other
berarti bahwa jumlah yang sebelumnya diakui comprehensive income are reclassified to
pada pendapatan komprehensif lain profit or loss.
direklasifikasi ke laporan laba rugi.
d. Transaksi dan saldo dalam mata uang asing d. Foreign currency transactions and balances
Item-item yang disertakan dalam laporan Items included in the financial statements of
keuangan setiap entitas anggota Grup diukur each of the Group’s entities are measured
menggunakan mata uang yang sesuai dengan using the currency of the primary economic
lingkungan ekonomi utama di mana entitas environment in which the entity operates (the
beroperasi (“mata uang fungsional”). “functional currency”).
Laporan keuangan konsolidasian disajikan The consolidated financial statements are

dalam Rupiah yang merupakan mata uang presented in Rupiah, which is the functional
fungsional dan penyajian Perusahaan. and presentation currency of the Company.



(continued)
(lanjutan) (continued)
Transaksi dalam mata uang asing dijabarkan Foreign currency transactions are translated
menjadi mata uang fungsional menggunakan into the functional currency using the exchange
kurs yang berlaku pada tanggal transaksi. Pada rate prevailing at the date of the transaction. At
setiap tanggal pelaporan, aset dan liabilitas each reporting date, monetary assets and
moneter dalam mata uang asing dijabarkan ke liabilities denominated in foreign currency are
dalam mata uang fungsional menggunakan kurs translated into functional currency using the
penutup. Keuntungan dan kerugian selisih kurs closing exchange rate. Foreign exchange
yang berasal dari pembayaran atas transaksi- gains and losses resulting from the settlement
transaksi tersebut dan dari penjabaran aset dan of such transactions and from the translation at
liabilitas moneter dalam mata uang asing period-end exchange rates of monetary assets
menggunakan kurs yang berlaku pada akhir and liabilities denominated in foreign
periode diakui dalam laporan laba rugi currencies are recognised in consolidated
konsolidasian. profit or loss.
Keuntungan dan kerugian selisih kurs yang Foreign exchange gains and losses that relate
berhubungan dengan pinjaman disajikan pada to borrowings are presented in consolidated
laporan laba rugi konsolidasian sebagai “beban profit or loss within “finance costs”. All other net
keuangan”. Keuntungan atau kerugian neto foreign exchange gains and losses are
selisih kurs lainnya disajikan pada laporan laba presented in consolidated profit or loss within
rugi konsolidasian sebagai “(beban)/penghasilan “other (expense)/income, net”.
lain-lain, bersih”.
Kurs utama yang digunakan pada tanggal As at the reporting dates, the main exchange
pelaporan, berdasarkan kurs tengah yang rates used, based on the middle rates
diterbitkan Bank Indonesia, adalah sebagai published by Bank Indonesia, were as follows
berikut (nilai penuh): (full amount):
31 Desember/ 31 Desember/
December 2019 December 2018
1 Dolar Amerika Serikat 1 United States Dollar

(“Dolar AS”) 13,901 14,481 (“US Dollar”)
100 Yen Jepang 12,797 13,112 100 Japanese Yen
1 Euro 15,589 16,560 1 Euro
Hasil dan posisi keuangan entitas anak yang The results and financial position of
memiliki mata uang fungsional yang berbeda subsidiaries that have a functional currency
dengan Perusahaan dijabarkan ke dalam Rupiah which are different from the Company’s
sebagai berikut: functional currency are translated into Rupiah
as follows:
(i) Aset dan liabilitas dijabarkan (i) Assets and liabilities are translated at the
menggunakan kurs penutup pada tanggal closing exchange rates at the reporting
pelaporan; date;
(ii) Penghasilan dan beban dijabarkan (ii) Income and expenses are translated at
menggunakan kurs rata-rata pada tahun average exchange rates during the year,
berjalan, kecuali jika kurs berfluktuasi except when the exchange rates fluctuate
secara signifikan. Dalam kasus ini, significantly. In this case, income and
penghasilan dan beban dijabarkan expenses are translated using the
menggunakan kurs pada tanggal exchange rates at the dates of the
transaksi; dan transactions; and



(continued)
(ii) Semua hasil dari selisih kurs diakui dalam (iii) All resulting currency translation
penghasilan komprehensif lain sebagai differences are recognised in other
“selisih kurs karena penjabaran laporan comprehensive income within “differences
keuangan”. Jumlah kumulatif dari selisih in foreign currency translation”. These
kurs karena penjabaran laporan keuangan differences in foreign currency translation
ini direklasifikasi ke laba rugi pada saat are reclassified to profit or loss on disposal
terjadinya pelepasan atau pelepasan or partial disposal of the Group’s interest
sebagian kepentingan Grup di entitas yang in the entity giving rise to such differences
menyebabkan adanya selisih kurs karena in foreign currency translation.
penjabaran laporan keuangan tersebut.
Goodwill dan penyesuaian nilai wajar yang timbul Goodwill and fair value adjustments arising on
dari akuisisi entitas anak yang memiliki mata the acquisition of subsidiaries that have a
uang fungsional yang berbeda dengan functional currency which is different from the
Perusahaan diperlakukan sebagai aset dan Company’s functional currency are treated as
liabilitas entitas anak tersebut dan dijabarkan assets and liabilities of the foreign operations
menggunakan kurs penutup pada tanggal and translated at the closing rates at the
pelaporan. reporting date.
e. Investasi pada entitas asosiasi dan ventura e. Investments in associates and joint ventures
bersama
Entitas asosiasi adalah seluruh entitas dimana Associates are all entities over which the
Grup memiliki pengaruh signifikan namun bukan Group has significant influence but not control,
pengendalian, biasanya melalui kepemilikan hak generally accompanying a shareholding of
suara antara 20% dan 50%. between 20% and 50% of the voting rights.
Investasi pada entitas asosiasi dan ventura Investments in associates and joint ventures
bersama dicatat dengan metode ekuitas. are accounted for using the equity method of
Berdasarkan metode ekuitas, investasi pada accounting. Under the equity method, the
awalnya dicatat pada biaya perolehan dan investment is initially recognised at cost and
selanjutnya disesuaikan untuk mengakui bagian adjusted thereafter to recognise the investor's
investor atas laba rugi pasca akuisisi dari share of the post-acquisition profits or losses of
investee pada laba rugi, dan bagiannya atas the investee in profit or loss, and its share of
pergerakan penghasilan komprehensif lain dari movements in other comprehensive income of
investee pada penghasilan komprehensif lain. the investee in other comprehensive income.
Penerapan metode ekuitas untuk entitas asosiasi The application of equity method for associates
dan ventura bersama yang memiliki mata uang and joint ventures that have a functional
fungsional yang berbeda dengan Perusahaan currency which is different from the Company’s
adalah sebagai berikut: functional currency is as follows:
(i) Saldo investasi pada entitas asosiasi dan (i) Investments in associates and joint
ventura bersama dijabarkan ke dalam ventures are translated into Rupiah at the
Rupiah menggunakan kurs penutup pada closing exchange rates at the reporting
tanggal pelaporan; date;



(continued)
bersama (lanjutan) (continued)
(ii) Bagian Grup atas laba rugi dan (ii) The Group's share of profits or losses and
penghasilan komprehensif lain dari entitas other comprehensive income of
asosiasi dan ventura bersama dijabarkan associates and joint ventures are
ke dalam Rupiah menggunakan kurs rata- translated into Rupiah at average
rata pada tahun berjalan, kecuali jika kurs exchange rates during the year, except
berfluktuasi secara signifikan. Dalam when the exchange rates fluctuate
kasus ini, kurs yang digunakan Grup significantly. In this case, the Group uses
adalah kurs pada tanggal transaksi; dan the exchange rates at the dates of the
transactions; and
(ii) Semua hasil dari selisih kurs diakui dalam (iii) All resulting currency translation
penghasilan komprehensif lain sebagai differences are recognised in other
“selisih kurs karena penjabaran laporan comprehensive income within “differences
keuangan”. Jumlah kumulatif dari selisih in foreign currency translation”. These
kurs karena penjabaran laporan keuangan differences in foreign currency translation
ini direklasifikasi ke laba rugi pada saat are reclassified to profit or loss on disposal
terjadinya pelepasan atau pelepasan or partial disposal of the Group’s interest
sebagian kepentingan Grup di entitas in the associates and joint ventures.
asosiasi dan ventura bersama.
Goodwill dan penyesuaian nilai wajar yang timbul Goodwill and fair value adjustments arising on
dari perolehan kepentingan pada entitas asosiasi the acquisition of interests in associates and
dan ventura bersama yang memiliki mata uang joint ventures that have a functional currency
fungsional yang berbeda dengan Perusahaan which is different from the Company’s
diperlakukan sebagai aset dan liabilitas entitas functional currency are treated as assets and
asosiasi dan ventura bersama tersebut dan liabilities of the associates and joint ventures
dijabarkan menggunakan kurs penutup pada and translated at the closing rates at the
tanggal pelaporan. reporting date.
Jika bagian Grup atas kerugian entitas asosiasi When the Group’s share of losses in an
atau ventura bersama sama dengan atau associate or joint venture equals or exceeds its
melebihi kepentingannya pada entitas asosiasi interest in the associate or joint venture,
atau ventura bersama, termasuk piutang tanpa including any unsecured receivables, the
agunan, Grup menghentikan pengakuan bagian Group does not recognise further losses,
kerugiannya, kecuali Grup memiliki kewajiban unless it has incurred constructive or legal
konstruktif atau hukum, atau melakukan obligations or made payments on behalf of the
pembayaran atas nama entitas asosiasi atau associate or joint ventures.
ventura bersama.
Keuntungan yang belum terealisasi atas Unrealised gains on transactions between the
transaksi antara Grup dengan entitas asosiasi Group and its associates and joint ventures are
dan ventura bersama dieliminasi sebesar eliminated to the extent of the Group’s interest
kepentingan Grup dalam entitas-entitas tersebut. in these entities. Unrealised losses are
Kerugian yang belum direalisasi juga dieliminasi eliminated unless the transaction provides
kecuali transaksi tersebut memberikan bukti evidence of an impairment of the asset
adanya penurunan nilai atas aset yang dialihkan. transferred. Accounting policies of associates
Kebijakan akuntansi entitas asosiasi dan ventura and joint ventures have been changed where
bersama telah diubah jika diperlukan untuk necessary to ensure consistency with the
memastikan konsistensi dengan kebijakan yang policies adopted by the Group.
diterapkan oleh Grup.



(continued)
bersama (lanjutan) (continued)
Dividen yang diterima dan yang akan diterima Dividends received or receivable from
dari entitas asosiasi atau ventura bersama diakui associates or joint ventures are recognised as
sebagai pengurang dari nilai tercatat investasi. reductions in the carrying amounts of the
investments.
Pada setiap tanggal pelaporan, Grup The Group determines at each reporting date
menentukan apakah terdapat bukti objektif whether there is any objective evidence that
bahwa telah terjadi penurunan nilai atas investasi the investment in the associates and joint
pada entitas asosiasi dan ventura bersama. Jika ventures is impaired. If this is the case, the
demikian, maka nilai tercatat dari investasi yang carrying amount of the equity accounting
dicatat dengan akuntansi ekuitas diuji untuk investments is tested for impairment in
penurunan nilai sesuai dengan kebijakan yang accordance with the policy described in Note
dijelaskan pada Catatan 2m. 2m.
Ketika Grup tidak lagi mencatat menggunakan When the Group ceases to equity account for
metode ekuitas untuk investasi karena hilangnya an investment because of a loss of joint control
pengendalian bersama atau pengaruh signifikan, or significant influence, any retained interest in
maka kepentingan yang masih tersisa atas the entity is remeasured to its fair value, with
entitas diukur kembali berdasarkan nilai the change in carrying amount recognised in
wajarnya, dan perubahan nilai tercatat diakui profit or loss. The fair value is the initial carrying
dalam laporan laba rugi. Nilai tercatat awal amount for the purposes of subsequently
adalah sebesar nilai wajar untuk kepentingan accounting for the retained interest in that
pengukuran kembali kepentingan yang tersisa entity. In addition, any amounts previously
pada entitas tersebut. Di samping itu, jumlah recognised in other comprehensive income in
yang sebelumnya diakui pada pendapatan respect of that entity are accounted for as if the
komprehensif lain sehubungan dengan entitas Group had directly disposed of the related
tersebut dicatat seolah-olah Grup telah melepas assets or liabilities. This may mean that
aset atau liabilitas terkait. Hal ini dapat berarti amounts previously recognised in other
bahwa jumlah yang sebelumnya diakui pada comprehensive income are reclassified to
pendapatan komprehensif lain direklasifikasi ke profit or loss.
laporan laba rugi.
Jika kepemilikan saham pada ventura bersama If the ownership interest in a joint venture or an
atau perusahaan asosiasi berkurang namun associate is reduced but joint control or
pengendalian bersama atau pengaruh signifikan significant influence is retained, only a
dipertahankan, hanya sebagian proporsional dari proportionate share of the amounts previously
jumlah yang telah diakui sebelumnya dalam recognised in other comprehensive income are
pendapatan komprehensif lainnya yang reclassified to profit or loss where appropriate.
direklasifikasi ke laba atau rugi jika diperlukan.



(continued)
f. Aset keuangan f. Financial assets
Klasifikasi Classification
Grup mengklasifikasikan aset keuangan dalam The Group classifies its financial assets in the
kategori berikut ini: diukur pada nilai wajar melalui following categories: at fair value through profit
laporan laba rugi, pinjaman yang diberikan dan or loss, loans and receivables, available-for-
piutang, tersedia untuk dijual dan dimiliki hingga sale, and held-to-maturity. The classification
jatuh tempo. Klasifikasi ini tergantung pada depends on the purpose for which the financial
tujuan perolehan aset keuangan. Manajemen assets were acquired. Management
menentukan klasifikasi aset keuangan pada saat determines the classification of its financial
pengakuan awal. Pada tanggal pelaporan, Grup assets at initial recognition. As at the reporting
hanya memiliki aset keuangan dengan kategori dates, the Group only has financial assets
sebagai pinjaman yang diberikan dan piutang which are categorised as loans and
dan aset keuangan diukur pada nilai wajar receivables and financial assets at fair value
melalui laporan laba rugi. through profit or loss.
i. Pinjaman dan piutang i. Loans and receivables
Pinjaman yang diberikan dan piutang Loans and receivables are non-derivative
adalah aset keuangan nonderivatif dengan financial assets with fixed or determinable
pembayaran yang tetap atau dapat payments that are not quoted in an active
ditentukan dan tidak mempunyai kuotasi market. They are included in current
harga di pasar aktif. Pinjaman yang assets, except for those with maturities
diberikan dan piutang dimasukkan sebagai greater than 12 months after the end of
aset lancar, kecuali jika jatuh temponya reporting period. These are classified as
melebihi 12 bulan setelah akhir periode non-current assets.
pelaporan. Pinjaman yang diberikan dan
piutang ini dimasukkan sebagai aset tidak
lancar.
ii. Aset keuangan diukur pada nilai wajar ii. Financial assets at fair value through
melalui laporan laba rugi profit or loss
Aset keuangan diukur pada nilai wajar Financial assets at fair value through profit
melalui laporan laba rugi adalah aset or loss are financial assets held for
keuangan yang dimiliki untuk trading. A financial asset is classified in
diperdagangkan. Aset keuangan this category if it is acquired principally for
diklasifikasikan ke dalam kategori ini jika the purpose of selling in the short-term.
perolehannya terutama untuk dijual dalam Derivatives are also categorised as held
jangka pendek. Derivatif juga for trading unless they are designated as
dikategorikan sebagai dimiliki untuk hedges. Assets in this category are
diperdagangkan kecuali jika ditetapkan classified as current assets if they are
sebagai lindung nilai. Aset pada kategori expected to be settled within twelve
ini diklasifikasikan sebagai aset lancar jika months; otherwise, they are classified as
diharapkan dapat diselesaikan dalam non-current.
waktu dua belas bulan; jika tidak, aset
tersebut diklasifikasikan sebagai tidak
lancar.



(continued)
f. Aset keuangan (lanjutan) f. Financial assets (continued)
Pengakuan dan pengukuran Recognition and measurement
Investasi pada awalnya diakui sebesar nilai Investments are initially recognised at fair
wajarnya ditambah biaya transaksi untuk value plus transaction costs for all financial
seluruh aset keuangan yang tidak diukur pada assets not carried at fair value through profit or
nilai wajar melalui laporan laba rugi. Aset loss. Financial assets carried at fair value
keuangan yang diukur pada nilai wajar melalui through profit or loss are initially recognised at
laporan laba rugi pada awalnya dicatat sebesar fair value and transaction costs are expensed
nilai wajar dan biaya transaksinya dibebankan in consolidated profit or loss.
pada laporan laba rugi konsolidasian.
Aset keuangan yang diukur pada nilai wajar Financial assets at fair value through profit or
melalui laporan laba rugi selanjutnya dicatat loss are subsequently carried at fair value.
sebesar nilai wajar. Pinjaman yang diberikan Loans and receivables are subsequently
dan piutang selanjutnya dicatat sebesar biaya carried at amortised cost using the effective
perolehan diamortisasi dengan menggunakan interest method.
metode suku bunga efektif.
Selisih neto yang timbul dari perubahan nilai Net differences arising from changes in the fair
wajar kategori “aset keuangan diukur pada nilai value of the “financial assets at fair value
wajar melalui laporan laba rugi” disajikan pada through profit or loss” category are presented
laporan laba rugi konsolidasian dalam in consolidated profit or loss within “finance
“pendapatan keuangan” dalam periode income” in the period in which they arise.
terjadinya.
Instrumen keuangan disalinghapus Offsetting financial instruments
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and
disalinghapuskan dan jumlah netonya the net amount is reported in the consolidated
dilaporkan pada laporan posisi keuangan statement of financial position when there is a
konsolidasian ketika terdapat hak yang legally enforceable right to offset the
berkekuatan hukum untuk melakukan saling recognised amounts and there is either an
hapus atas jumlah yang telah diakui tersebut intention to settle on a net basis, or to realise
dan adanya niat untuk menyelesaikan secara the asset and settle the liability simultaneously.
neto, atau untuk merealisasikan aset dan
menyelesaikan liabilitas secara bersamaan.
Penghentian pengakuan Derecognition
Aset keuangan dihentikan pengakuannya Financial assets are derecognised when the
ketika hak untuk menerima arus kas dari rights to receive cash flows from the
investasi tersebut telah jatuh tempo atau telah investments have expired or have been
ditransfer dan Grup telah mentransfer secara transferred and the Group has transferred
substansial seluruh risiko dan manfaat atas substantially all the risks and rewards of
kepemilikan aset. ownership.



(continued)
g. Instrumen keuangan derivatif dan aktivitas g. Derivative financial instruments and

lindung nilai hedging activities
Derivatif pada awalnya diakui sebesar nilai Derivatives are initially recognised at fair value
wajar pada tanggal kontrak derivatif disepakati on the date a derivative contract is entered into
dan selanjutnya diukur kembali sebesar nilai and are subsequently remeasured at their fair
wajarnya. Metode untuk mengakui keuntungan value. The method of recognising the resulting
atau kerugian yang dihasilkan tergantung gain or loss depends on whether the derivative
apakah derivatif ditetapkan sebagai instrumen is designated as a hedging instrument, and if
lindung nilai, dan jika demikian, sifat unsur yang so, the nature of the item being hedged.
dilindung nilainya.
Nilai wajar penuh derivatif lindung nilai The full fair value of a hedging derivative is
diklasifikasikan sebagai aset tidak lancar atau classified as a non-current asset or liability
liabilitas jangka panjang jika jatuh tempo yang when the remaining maturity of the hedged
tersisa untuk unsur yang dilindung nilai item is more than 12 months, and as a current
melebihi 12 bulan, dan sebagai aset lancar asset or liability when the remaining maturity of
atau liabilitas jangka pendek jika jatuh tempo the hedged item is less than 12 months.
yang tersisa kurang dari 12 bulan. Derivatif Trading derivatives are classified as a current
yang diperdagangkan diklasifikasikan sebagai asset or current liability.
aset lancar atau liabilitas jangka pendek.
Pada tanggal 31 Desember 2019 dan As at 31 December 2019 and 2018, the Group
2018, Grup tidak menetapkan derivatif sebagai did not designate its derivatives as a hedging
instrumen lindung nilai, dengan demikian instruments. As such, the movement of its fair
mutasi dari nilai wajar diakui pada laporan laba value is recognised in consolidated profit or
rugi konsolidasian. loss.
Grup menggunakan beberapa teknik penilaian The Group uses widely recognised valuation
yang digunakan secara umum untuk menentukan models for determining the fair values of non-
nilai wajar dari instrumen keuangan dengan standardised financial instruments of lower
tingkat kompleksitas yang rendah, seperti kontrak complexity, such as swaps and forward
swap dan forward. Input yang digunakan dalam contracts. For these financial instruments, inputs
teknik penilaian untuk instrumen keuangan di atas into models are generally market observable.
adalah data pasar yang dapat diobservasi.
h. Penurunan nilai aset keuangan h. Impairment of financial assets
Pada setiap akhir periode pelaporan, Grup At the end of each reporting period, the Group
menilai apakah terdapat bukti objektif bahwa aset assesses whether there is objective evidence
keuangan atau kelompok aset keuangan telah that a financial asset or Group of financial assets
mengalami penurunan nilai. Aset keuangan atau is impaired. A financial asset or a group of
kelompok aset keuangan diturunkan nilainya dan financial assets is impaired and impairment
kerugian penurunan nilai terjadi hanya jika losses are incurred only if there is objective
terdapat bukti objektif bahwa penurunan nilai evidence of impairment as a result of one or more
merupakan akibat dari satu atau lebih peristiwa events that occurred after the initial recognition of
yang terjadi setelah pengakuan awal aset the asset (a loss event) and that loss event (or
(peristiwa kerugian) dan peristiwa kerugian (atau events) has an impact on the estimated future
peristiwa) tersebut memiliki dampak pada cash flows of the financial asset or group of
estimasi arus kas masa datang atas aset financial assets that can be reliably estimated.
keuangan atau kelompok aset keuangan yang
dapat diestimasi secara andal.



(continued)
h. Penurunan nilai aset keuangan (lanjutan) h. Impairment of financial assets (continued)
Untuk kategori pinjaman yang diberikan dan For the loans and receivables category, the
piutang, jumlah kerugian diukur sebesar selisih amount of the loss is measured as the difference
antara nilai tercatat aset dan nilai kini dari estimasi between the asset’s carrying amount and the
arus kas masa datang diestimasi (tidak termasuk present value of estimated future cash flows
kerugian kredit masa depan yang belum terjadi) (excluding future credit losses that have not been
yang didiskonto menggunakan suku bunga efektif incurred) discounted at the financial asset’s
awal dari aset tersebut. Nilai tercatat aset original effective interest rate. The carrying
dikurangi dan jumlah kerugian diakui pada amount of the asset is reduced and the amount
laporan laba rugi konsolidasian. Jika pinjaman of the loss is recognised in consolidated profit or
yang diberikan memiliki tingkat bunga loss. If a loan has a floating interest rate, the
mengambang, tingkat diskonto yang digunakan discount rate for measuring any impairment loss
untuk mengukur kerugian penurunan nilai adalah is the current effective interest rate determined
tingkat bunga efektif saat ini yang ditentukan under the contract. As a practical expedient, the
dalam kontrak. Untuk alasan praktis, Grup dapat Group may measure impairment on the basis of
mengukur penurunan nilai berdasarkan nilai an instrument’s fair value using an observable
wajar instrumen dengan menggunakan harga market price.
pasar yang dapat diobservasi.
Jika, pada periode selanjutnya, jumlah If, in a subsequent period, the amount of the
penurunan nilai berkurang dan penurunan impairment loss decreases and the decrease
tersebut dapat dihubungkan secara objektif can be related objectively to an event occurring
dengan peristiwa yang terjadi setelah after the impairment was recognised (such as
penurunan nilai diakui (misalnya meningkatnya an improvement in the debtor’s credit rating),
peringkat kredit debitur), pemulihan atas jumlah the reversal of the previously recognised
penurunan nilai yang telah diakui sebelumnya impairment loss is recognised in consolidated
diakui pada laporan laba rugi konsolidasian. profit or loss.
i. Kas dan setara kas i. Cash and cash equivalents
Pada laporan arus kas konsolidasian, kas dan In the consolidated statement of cash flows,
setara kas mencakup kas, kas di bank, cash and cash equivalents include cash on
simpanan yang sewaktu-waktu bisa dicairkan, hand, cash in banks, deposits held at call with
investasi lancar jangka pendek lainnya yang banks and other short-term highly liquid
jatuh tempo dalam waktu tiga bulan atau investments with original maturities of three
kurang sejak tanggal perolehan. months or less from the date of acquisition.
j. Piutang usaha dan piutang lain-lain j. Trade and other receivables
Piutang usaha merupakan jumlah yang Trade receivables are amounts due from
terutang dari pelanggan dalam kegiatan usaha customers in the ordinary course of business.
biasa. Jika piutang diperkirakan dapat ditagih If collection is expected in one year or less,
dalam waktu satu tahun atau kurang, piutang they are classified as current assets. If not,
usaha diklasifikasikan sebagai aset lancar. Jika they are presented as non-current assets.
tidak, piutang usaha disajikan sebagai aset
tidak lancar.
Piutang usaha dan piutang lain-lain pada Trade and other receivables are recognised
awalnya diakui sebesar nilai wajar dan initially at fair value and subsequently
selanjutnya diukur pada biaya perolehan measured at amortised cost using the effective
diamortisasi dengan menggunakan metode interest method, if the impact of discounting is
bunga efektif, apabila dampak pendiskontoan significant, less any provision for impairment.
signifikan, dikurangi provisi atas penurunan
nilai.



(continued)
j. Piutang usaha dan piutang lain-lain j. Trade and other receivables (continued)
(lanjutan)
Kolektibilitas piutang usaha dan piutang lain- The collectibility of trade and other receivables
lain ditinjau secara berkala. Piutang yang is reviewed on an ongoing basis. Receivables
diketahui tidak tertagih, dihapuskan dengan which are known to be uncollectible are directly
secara langsung dengan mengurangi nilai written off by reducing the carrying amount. An
tercatatnya. Akun penyisihan digunakan ketika allowance account is used when there is
terdapat bukti yang objektif bahwa Grup tidak objective evidence that the Group will not be
dapat menagih seluruh nilai terutang sesuai able to collect all amounts due according to the
dengan persyaratan awal piutang. Kesulitan original terms of the receivables. Significant
keuangan signifikan yang dialami debitur, financial difficulties of the debtor, probability
kemungkinan debitur dinyatakan pailit atau that the debtor will enter bankruptcy or financial
melakukan reorganisasi keuangan dan gagal reorganisation and default or delinquency in
bayar atau menunggak pembayaran payments are considered indicators that the
merupakan indikator yang dianggap dapat trade receivable is impaired. The amount of the
menunjukan adanya penurunan nilai piutang. impairment provision is the difference between
Jumlah penurunan nilai adalah sebesar selisih the asset’s carrying amount and the present
antara nilai tercatat aset dan nilai kini dari value of estimated future cash flows,
estimasi arus kas masa depan pada tingkat discounted at the original effective interest
suku bunga efektif awal. Provisi atas rate. Provision for impairment of receivables
penurunan nilai piutang dibebankan ke laba are charged to consolidated profit or loss. Cash
rugi konsolidasian. Arus kas terkait dengan flows relating to short-term receivables are not
piutang jangka pendek tidak didiskontokan discounted if the effect of discounting is
apabila efek diskonto tidak material. immaterial.
k. Persediaan k. Inventories
Persediaan dicatat pada nilai terendah antara Inventories are stated at the lower of cost or
harga perolehan atau nilai realisasi bersihnya. net realisable value. Cost is determined by the
Harga perolehan ditentukan dengan weighted-average method. The cost of finished
menggunakan metode rata-rata tertimbang. goods and work in process comprises
Harga perolehan barang jadi dan barang dalam materials, labour and an appropriate proportion
proses terdiri dari biaya bahan baku, tenaga of directly attributable fixed and variable
kerja serta alokasi biaya overhead langsung overheads. Net realisable value is the estimate
maupun tidak langsung baik yang bersifat tetap of the selling price in the ordinary course of
maupun variabel. Nilai realisasi bersih adalah business less applicable selling expense.
estimasi harga penjualan dalam kegiatan
usaha biasa dikurangi beban penjualan.
l. Aset tetap l. Property, plant and equipment
Tanah dicatat sebesar nilai wajar. Penilaian Land is stated at fair value. Valuations are
atas aset tersebut dilakukan secara berkala performed with sufficient regularity to ensure
untuk memastikan bahwa nilai wajar aset yang that the fair value of a revalued asset does not
direvaluasi tidak berbeda secara material differ materially from its carrying amount. All
dengan jumlah tercatatnya. Aset tetap lainnya other property, plant and equipment are stated
disajikan sebesar harga perolehan dikurangi at historical cost less accumulated
dengan akumulasi penyusutan dan akumulasi depreciation and accumulated impairment
kerugian penurunan nilai. Harga perolehan losses. Historical cost includes expenditure
termasuk pengeluaran yang dapat that is directly attributable to the acquisition of
diatribusikan secara langsung atas perolehan the items.
aset tersebut.



(continued)
l. Aset tetap (lanjutan) l. Property, plant and equipment (continued)
Biaya-biaya setelah pengakuan awal diakui Subsequent costs are included in the asset’s
sebagai bagian nilai tercatat aset atau sebagai carrying amount or recognised as a separate
aset yang terpisah, sebagaimana mestinya, asset, as appropriate, only when it is probable
hanya jika besar kemungkinan Grup mendapat that future economic benefits associated with
manfaat ekonomis di masa depan berkenaan the item will flow to the Group and the cost of
dengan aset tersebut dan biaya perolehan aset the item can be measured reliably. The
dapat diukur dengan andal. Nilai tercatat dari carrying amount of replaced part is
komponen yang diganti dihapuskan. Biaya derecognised. All other repairs and
perbaikan dan pemeliharaan dibebankan ke maintenance are charged to consolidated profit
dalam laporan laba rugi konsolidasian pada or loss during the financial period in which they
periode ketika biaya-biaya tersebut terjadi. are incurred.
Kenaikan nilai tercatat yang timbul dari Increases in the carrying amount arising on
revaluasi tanah dikreditkan pada penghasilan revaluation of land are credited to other
komprehensif lainnya dan disajikan sebagai comprehensive income and shown as “asset
“surplus revaluasi aset” di ekuitas. Penurunan revaluation surplus” in equity. Decreases that
yang menghapus nilai kenaikan yang offset previous increases of the same asset are
sebelumnya dicatat atas aset yang sama charged in other comprehensive income and
dibebankan di penghasilan komprehensif debited against “asset revaluation surplus” in
lainnya dan didebitkan terhadap “surplus equity; all other decreases are charged to
revaluasi aset” di ekuitas; penurunan lainnya consolidated profit or loss.
dibebankan pada laporan laba rugi
konsolidasian.
Keuntungan atau kerugian bersih dari Net gains or losses on disposals are
pelepasan ditentukan dengan membandingkan determined by comparing the proceeds with
nilai sisa dengan nilai tercatat dan diakui dalam the carrying amount and are recognised within
“penghasilan lain-lain, bersih” di laba rugi “other income, net” in consolidated profit or
konsolidasian. loss.
Tanah tidak disusutkan, kecuali untuk tanah Land is not depreciated, except for certain land
tertentu di mana Grup telah menentukan where the Group has determined that the land
bahwa tanah tersebut memiliki umur ekonomik has limited economic lives because the land is
yang terbatas karena digunakan untuk operasi used for the Group’s main operation located in
utama Grup yang terletak di daerah terpencil. remote area. Such land is depreciated using
Tanah tersebut disusutkan menggunakan the straight-line method over the estimated
metode garis lurus sesuai perkiraan panjang operation period of the Group where the land
jadwal operasi utama Grup di lokasi tanah is located.
tersebut.
Penyusutan aset tetap lainnya dihitung dengan Depreciation on other fixed assets is calculated
menggunakan metode garis lurus untuk using the straight-line method to allocate their
mengalokasikan harga perolehan sampai cost to their residual values over their
dengan nilai sisanya selama masa manfaat estimated useful lives, as follows:
yang diestimasi, sebagai berikut:
Tahun/Years
Prasarana 4 - 30 Land improvements

Bangunan 8 - 30 Buildings
Pabrik, mesin dan peralatan 4 - 34 Plant, machinery and equipment
Kendaraan 4 - 10 Vehicles
Peralatan dan perabotan kantor 3 - 10 Furniture, fixtures and office equipment



(continued)
l. Aset tetap (lanjutan) l. Property, plant and equipment (continued)
Nilai sisa aset, masa manfaat dan metode The assets’ residual values, useful lives and
penyusutan direviu dan jika perlu disesuaikan, depreciation method are reviewed and
pada setiap akhir periode pelaporan. adjusted if appropriate, at the end of each
reporting period.
Jika aset yang direvaluasi dijual, jumlah yang When revalued assets are sold, the amounts
dicatat di dalam ekuitas dipindahkan ke saldo included in equity are transferred to retained
laba. earnings.
Akumulasi biaya konstruksi bangunan, pabrik The accumulated costs of the construction of
dan pemasangan mesin dikapitalisasi sebagai buildings and the installation of machinery are
aset dalam penyelesaian. Biaya tersebut capitalised as construction in progress. These
direklasifikasi ke akun aset tetap pada saat costs are reclassified to property, plant and
proses konstruksi atau pemasangan selesai. equipment when the construction or installation
Penyusutan dimulai pada saat aset tersebut is complete. Depreciation is charged from the
siap untuk digunakan sesuai dengan tujuan date the assets are ready for use in the manner
yang diinginkan manajemen. intended by management.
Biaya bunga dan biaya pinjaman lainnya, Interest and other borrowing costs, such as
seperti biaya diskonto pinjaman baik yang discount fees on loans either directly or
secara langsung atau tidak langsung indirectly used in financing the construction of
digunakan untuk pendanaan konstruksi aset a qualifying asset, are capitalised up to the
kualifikasian, dikapitalisasi hingga aset date when construction is complete. For
tersebut selesai dikonstruksi. Untuk biaya borrowings that are directly attributable to a
pinjaman yang dapat diatribusikan secara qualifying asset, the amount to be capitalised
langsung pada aset kualifikasian, jumlah yang is determined as the actual borrowing cost
dikapitalisasi ditentukan dari biaya pinjaman incurred during the period, less any income
aktual yang terjadi selama periode berjalan, earned on the temporary investment of such
dikurangi penghasilan yang diperoleh dari borrowings.
investasi sementara atas dana hasil pinjaman
tersebut.
Untuk pinjaman yang tidak dapat diatribusikan For borrowings that are not directly attributable
secara langsung pada suatu aset kualifikasian, to a qualifying asset, the amount to be
jumlah yang dikapitalisasi ditentukan dengan capitalised is determined by applying a
mengalikan tingkat kapitalisasi terhadap jumlah capitalisation rate to the amount expended on
yang dikeluarkan untuk memperoleh aset the qualifying assets. The capitalisation rate is
kualifikasian. Tingkat kapitalisasi dihitung the weighted-average of the total borrowing
berdasarkan rata-rata tertimbang biaya costs applicable to the total borrowings
pinjaman yang dibagi dengan jumlah pinjaman outstanding for the period, other than
yang tersedia selama periode berjalan, selain borrowings made specifically for the purpose of
pinjaman yang secara spesifik diambil untuk obtaining a qualifying asset.
tujuan memperoleh suatu aset kualifikasian.



(continued)
m. Penurunan nilai aset nonkeuangan m. Impairment of non-financial assets
Aset yang memiliki masa manfaat yang tidak Assets that have an indefinite useful life - for
terbatas - misalnya goodwill - tidak diamortisasi example, goodwill - are not subject to
namun diuji penurunan nilainya setiap tahun amortisation but are tested annually for
atau lebih sering apabila terdapat peristiwa impairment, or more frequently if events or
atau perubahan pada kondisi yang changes in circumstances indicate that they
mengindikasikan kemungkinan penurunan might be impaired. Assets that are subject to
nilai. Aset yang diamortisasi diuji ketika amortisation are reviewed for impairment
terdapat indikasi bahwa nilai tercatatnya whenever events or changes in circumstances
mungkin tidak dapat dipulihkan. Penurunan indicate that the carrying amount may not be
nilai diakui jika nilai tercatat aset melebihi recoverable. An impairment loss is recognised
jumlah terpulihkan. Jumlah terpulihkan adalah for the amount by which the asset’s carrying
yang lebih tinggi antara nilai wajar aset amount exceeds its recoverable amount. The
dikurangi biaya pelepasan dan nilai pakai aset. recoverable amount is the higher of an asset’s
Dalam menentukan penurunan nilai, aset fair value less costs of disposal and value-in-
dikelompokkan pada tingkat yang paling use. For the purposes of assessing
rendah dimana terdapat arus kas yang dapat impairment, assets are grouped at the lowest
diidentifikasi. Aset nonkeuangan selain levels for which there are separately
goodwill yang mengalami penurunan nilai diuji identifiable cash flows. Non-financial assets
setiap tanggal pelaporan untuk menentukan other than goodwill that suffer impairment are
apakah terdapat kemungkinan pemulihan reviewed for a possible reversal of the
penurunan nilai. impairment at each reporting date.
Pemulihan rugi penurunan nilai untuk aset Reversal on impairment loss for assets other
selain goodwill, diakui jika dan hanya jika, than goodwill would be recognised, if and only
terdapat perubahan estimasi yang digunakan if, there has been a change in the estimates
dalam menentukan jumlah terpulihkan aset used to determine the asset’s recoverable
sejak pengujian penurunan nilai terakhir kali amount since the last impairment test was
dilakukan. Pembalikan rugi penurunan nilai carried out. Reversal on impairment losses will
tersebut diakui langsung dalam laporan laba be immediately recognised in consolidated
rugi konsolidasian. Rugi penurunan nilai yang profit or loss. Impairment losses relating to
diakui atas goodwill tidak dibalik lagi. goodwill would not be reversed.
n. Utang usaha n. Trade payables
Utang usaha adalah kewajiban membayar Trade payables are obligations to pay for
barang atau jasa yang telah diterima dalam goods or services that have been acquired in
kegiatan usaha biasa dari pemasok. Utang the ordinary course of business from suppliers.
usaha diklasifikasikan sebagai liabilitas jangka Trade payables are classified as current
pendek jika pembayarannya jatuh tempo dalam liabilities if payment is due within one year or
waktu satu tahun atau kurang. Jika tidak, utang less. If not, they are presented as non-current
tersebut disajikan sebagai liabilitas jangka liabilities.
panjang.
Utang usaha pada awalnya diakui sebesar nilai Trade payables are recognised initially at fair
wajar dan selanjutnya diukur pada biaya value and subsequently measured at
perolehan diamortisasi dengan menggunakan amortised cost using the effective interest
metode bunga efektif. method.



(continued)
o. Provisi o. Provision
Provisi diakui apabila Grup mempunyai Provisions are recognised when the Group has
kewajiban kini (baik bersifat hukum maupun a present obligation (either legal or
konstruktif) sebagai akibat peristiwa masa lalu, constructive) as a result of past events, it is
besar kemungkinan penyelesaian kewajiban more likely than not than an outflow of
tersebut mengakibatkan arus keluar sumber resources embodying economic benefits will
daya dan kewajiban tersebut dapat diestimasi be required to settle the obligation and the
dengan andal. Provisi tidak diakui untuk obligation can be reliably estimated. Provision
kerugian operasi masa depan. is not recognised for future operating losses.
Ketika terdapat beberapa kewajiban yang Where there are a number of similar
serupa, kemungkinan penyelesaian obligations, the likelihood that an outflow will be
mengakibatkan arus kas keluar ditentukan required in settlement is determined by
dengan mempertimbangkan kelas kewajiban considering the class of obligations as a whole.
secara keseluruhan. Provisi diakui walaupun A provision is recognised even if the likelihood
kemungkinan adanya arus keluar sehubungan of an outflow with respect to any one item
dengan item manapun yang termasuk dalam included in the same class of obligations may
kelas kewajiban yang sama mungkin kecil. be small.
Grup memiliki kewajiban tertentu untuk The Group has certain obligations for the
merestorasi dan merehabilitasi daerah restoration and rehabilitation of mining areas
pertambangan serta penarikan aset sesudah and the retirement of assets following the
produksi selesai. Provisi atas pengelolaan dan completion of production. Provision for
reklamasi lingkungan hidup tersebut diukur environmental and reclamation costs is
sebesar nilai kini dari perkiraan pengeluaran measured at the present value of the
yang diperlukan untuk menyelesaikan expenditure expected to be required to settle
kewajiban dengan menggunakan tingkat the obligation using the pre-tax discount rate
diskonto sebelum pajak, yang mencerminkan that reflects the current market assessment of
penilaian pasar terkini atas nilai waktu uang the time value of money and the risks specific
dan risiko yang terkait dengan kewajiban to the obligation. Changes in the estimated
tersebut. Perubahan taksiran biaya restorasi restoration and environmental expenditures to
dan lingkungan hidup yang akan terjadi be incurred are accounted for on a prospective
dihitung secara prospektif berdasarkan sisa basis over the remaining mine life.
umur tambang.
p. Pinjaman p. Borrowings
Pada saat pengakuan awal, pinjaman diakui Borrowings are recognised initially at fair value,
sebesar nilai wajar, dikurangi dengan biaya- net of transaction costs incurred. Borrowings
biaya transaksi yang terjadi. Selanjutnya, are subsequently carried at amortised cost;
pinjaman diukur sebesar biaya perolehan any difference between the proceeds (net of
diamortisasi; selisih antara penerimaan transaction costs) and the redemption value is
(dikurangi biaya transaksi) dan nilai pelunasan recognised in consolidated profit or loss over
dicatat pada laporan laba rugi selama periode the period of the borrowings using the effective
pinjaman dengan menggunakan metode bunga interest method.
efektif.



(continued)
p. Pinjaman (lanjutan) p. Borrowings (continued)
Biaya yang dibayar untuk memperoleh fasilitas Fees paid on the establishment of loan facilities
pinjaman diakui sebagai biaya transaksi are recognised as transaction costs of the loan
pinjaman sepanjang besar kemungkinan to the extent that it is probable that some or all
sebagian atau seluruh fasilitas akan ditarik. of the facility will be drawn down. In this case,
Dalam hal ini, biaya memperoleh pinjaman the fee is deferred until the draw-down occurs.
ditangguhkan sampai penarikan pinjaman To the extent that there is no evidence that it is
terjadi. Sepanjang tidak terdapat bukti bahwa probable that some or all of the facility will be
besar kemungkinan sebagian atau seluruh drawn down, the fee is capitalised as a pre-
fasilitas akan ditarik, biaya memperoleh payment for liquidity services and amortised
pinjaman dikapitalisasi sebagai pembayaran di over the period of the facility to which it relates.
muka untuk jasa likuiditas dan diamortisasi
selama periode fasilitas yang terkait.
Pinjaman diklasifikasikan sebagai liabilitas Borrowings are classified as current liabilities

jangka pendek kecuali Grup memiliki hak tanpa unless the Group has an unconditional right to
syarat untuk menunda pembayaran liabilitas defer the settlement of the liability for more
selama lebih dari 12 bulan setelah tanggal than 12 months after the reporting date.
pelaporan.
q. Modal saham q. Share capital
Saham biasa diklasifikasikan sebagai ekuitas. Ordinary shares are classified as equity.
Biaya tambahan yang secara langsung dapat Incremental costs directly attributable to the
diatribusikan kepada penerbitan saham biasa issuing of new ordinary shares or options are
atau opsi disajikan pada ekuitas sebagai shown in equity as a deduction, net of tax from
pengurang penerimaan, setelah dikurangi the proceeds. Share issuance costs are
pajak. Biaya emisi saham disajikan sebagai presented as a deduction from the additional
pengurang akun tambahan modal disetor. paid-in capital account.
r. Distribusi dividen r. Dividend distribution
Distribusi dividen kepada pemegang saham Dividend distribution to the Company’s

Perusahaan diakui sebagai liabilitas dalam shareholders is recognised as a liability in the
laporan keuangan konsolidasian Grup pada Group’s consolidated financial statements in
periode dimana dividen dideklarasikan dan the period in which the dividends are declared
telah disetujui oleh pemegang saham and approved by the Company’s shareholders.
Perusahaan.
s. Laba per saham s. Earnings per share
Laba per saham dasar dihitung dengan Basic earnings per share are calculated by
membagi laba yang dapat diatribusikan kepada dividing the profit attributable to the equity
pemegang saham Perusahaan dengan jumlah holders of the Company by the weighted
rata-rata tertimbang saham biasa yang beredar average number of ordinary shares
pada periode berjalan. outstanding for the period.
Laba per saham dilusian dihitung dengan Diluted earnings per share is calculated by
menyesuaikan rata-rata tertimbang jumlah adjusting the weighted average number of
saham biasa yang beredar untuk ordinary shares outstanding to assume the
mengasumsikan konversi seluruh potensi conversion of all dilutive potential ordinary
saham biasa yang dilutif. shares.



(continued)
t. Transaksi-transaksi dengan pihak berelasi t. Transactions with related parties
Grup melakukan transaksi dengan pihak-pihak The Group has transactions with related
berelasi sebagaimana yang didefinisikan parties as defined under PSAK 7: “Related
dalam PSAK 7: “Pengungkapan Pihak-Pihak Party Disclosures” and OJK Regulation No.
Berelasi” dan Peraturan OJK No. VIII.G.7. VIII.G.7.
Berdasarkan Peraturan OJK No. VIII.G.7, Based on OJK Regulation No. VIII.G.7,
entitas berelasi dengan pemerintah merupakan government related entities are considered as
pihak berelasi dari Grup. Entitas berelasi related parties of the Group. Government
dengan pemerintah entitas mencakup entitas related entities include entities which are
yang dikendalikan, dikendalikan bersama, atau controlled, jointly controlled, or materially
yang dipengaruhi secara signifikan oleh affected by the government.
pemerintah.
Rincian saldo dan transaksi yang signifikan The details of significant accounts and
dengan pihak-pihak berelasi disajikan dalam transactions entered into with related parties
Catatan 32. are presented in Note 32.
u. Aset takberwujud u. Intangible asset
Aset takberwujud merupakan biaya perolehan Intangible asset represents acquisition costs of
piranti lunak computer yang dikapitalisasi dan computer software which are capitalised and
diamortisasi dengan menggunakan metode amortised using the straight-line method over
garis lurus berdasarkan taksiran masa their estimated useful lives.
manfaatnya.
v. Aset eksplorasi dan evaluasi v. Exploration and evaluation assets
Aktivitas eksplorasi dan evaluasi meliputi Exploration and evaluation activity involves the
pencarian sumber daya mineral setelah Grup search for mineral resources after the Group
memperoleh hak hukum untuk mengeksplorasi has obtained legal rights to explore in a specific
suatu wilayah tertentu dan menyelesaikan area and completed the determination of
penentuan kelayakan teknis dan penilaian technical feasibility and the assessment of
komersial atas sumber daya mineral commercial viability of an identified resource.
teridentifikasi.
Pengeluaran eksplorasi dan evaluasi meliputi Exploration and evaluation expenditure

biaya yang berhubungan langsung dengan: comprises costs that are directly attributable to
the following:
- Perolehan hak untuk eksplorasi; - Acquisition of rights to explore;

- Kajian topografi, geologi, geokimia dan - Topographical, geological, geochemical
geofisika; and geophysical studies;
- Pengeboran eksplorasi; - Exploratory drilling;
- Pemaritan dan pengambilan contoh; dan - Trenching and sampling; and
- Aktivitas yang terkait dengan evaluasi - Activities involved in evaluating the
kelayakan teknis dan komersial atas technical feasibility and commercial
penambangan sumber daya mineral. viability of extracting mineral resources.



(continued)
v. Aset eksplorasi dan evaluasi (lanjutan) v. Exploration and evaluation assets

(continued)
Pengeluaran eksplorasi dan evaluasi yang Exploration and evaluation expenditure related
berhubungan dengan suatu area of interest to an area of interest is capitalised and carried
dikapitalisasi dan ditangguhkan, berdasarkan forward, on an area of interest basis, only if one
area of interest, hanya jika memenuhi salah of the following conditions is met:
satu dari ketentuan berikut ini:
(i) Hak untuk mengeksplorasi dan (i) The rights of tenure of an area are current
mengevaluasi suatu area masih berlaku and it is considered probable that the costs
dan biaya-biaya yang telah dikeluarkan will be recouped through successful
tersebut diharapkan dapat diperoleh development and exploitation of the area
kembali melalui keberhasilan of interest or, alternatively, by its sale; or
pengembangan dan eksploitasi area of
interest tersebut atau melalui penjualan
area of interest tersebut; atau
(ii) Kegiatan eksplorasi dalam area of interest (ii) Exploration activities in the area of interest
tersebut belum mencapai tahap yang have not yet reached the stage which
memungkinkan penentuan adanya would permit a reasonable assessment of
cadangan terbukti yang secara ekonomis the existence or otherwise of economically
dapat diperoleh, serta kegiatan yang aktif recoverable reserves and active and
dan signifikan dalam atau berhubungan significant operations in or in relation to the
dengan area of interest tersebut masih area of interest are continuing.
berlanjut.
Biaya yang dikapitalisasi mencakup biaya- Capitalised costs include costs directly related
biaya yang berkaitan langsung dengan aktivitas to exploration and evaluation activities in the
eksplorasi dan evaluasi pada area of interest relevant area of interest and exclude physical
yang relevan, tidak termasuk aset berwujud assets, which are recorded in property, plant
yang dicatat sebagai aset tetap. Biaya umum and equipment. General and administrative
dan administrasi dialokasikan sebagai aset costs are allocated to an exploration or
eksplorasi atau evaluasi hanya jika biaya evaluation asset only to the extent that those
tersebut berkaitan langsung dengan aktivitas costs can be related directly to operational
operasional pada area of interest yang relevan. activities in the relevant area of interest.
Pengeluaran eksplorasi dan evaluasi yang Capitalised exploration and evaluation

dikapitalisasi dihapusbukukan ketika kondisi expenditure is written off where the above
tersebut di atas tidak lagi terpenuhi. conditions are no longer satisfied.
Aset eksplorasi dan evaluasi teridentifikasi Identifiable exploration and evaluation assets
yang diperoleh dalam suatu kombinasi bisnis acquired in a business combination are
pada awalnya diakui sebagai aset pada nilai recognised initially as assets at fair value on
wajar pada saat akusisi dan selanjutnya diukur acquisition and subsequently at cost less
pada biaya perolehan dikurangi kerugian impairment charges. Exploration and
penurunan nilai. Pengeluaran eksplorasi dan evaluation expenditure incurred subsequent to
evaluasi yang terjadi setelah perolehan aset the acquisition of an exploration asset in a
eksplorasi dalam suatu kombinasi bisnis dicatat business combination is accounted for in
dengan mengacu pada kebijakan akuntansi di accordance with the accounting policy outlined
atas. above.
Oleh karena aset eksplorasi dan evaluasi As exploration and evaluation assets are not
belum dapat digunakan, maka aset tersebut ready for use, they are not depreciated.
tidak disusutkan.



(continued)
v. Aset eksplorasi dan evaluasi (lanjutan) v. Exploration and evaluation assets

(continued)
Aset eksplorasi dan evaluasi diuji penurunan Exploration and evaluation assets are
nilainya ketika fakta dan kondisi assessed for impairment if facts and
mengindikasikan adanya penurunan nilai. Aset circumstances indicate that impairment may
eksplorasi dan evaluasi juga diuji penurunan exist. Exploration and evaluation assets are
nilainya ketika terjadi penemuan cadangan also tested for impairment once commercial
komersial, sebelum aset tersebut ditransfer ke reserves are found, before the assets are
“properti pertambangan - tambang dalam transferred to “mining properties - mines under
pengembangan”. development”.
Pengeluaran yang terjadi sebelum Grup Expenditure incurred before the Group obtains
memperoleh hak hukum untuk mengeksplorasi the legal right to explore a specific area is
suatu area spesifik dibiayakan pada saat expensed as incurred.
terjadinya.
w. Properti pertambangan w. Mining properties
Biaya pengembangan yang dikeluarkan oleh Development expenditure incurred by or on

atau atas nama Grup diakumulasikan secara behalf of the Group is accumulated separately
terpisah untuk setiap area of interest pada saat for each area of interest in which economically
cadangan terpulihkan yang secara ekonomis recoverable resources have been identified.
dapat diidentifikasi. Biaya tersebut termasuk Such expenditure comprises costs directly
biaya yang dapat diatribusikan secara attributable to the construction of a mine and
langsung pada konstruksi tambang dan the related infrastructure and excludes
infrastruktur terkait, tidak termasuk biaya aset physical assets and land rights, which are
berwujud dan hak atas tanah yang dicatat recorded as property, plant and equipment.
sebagai aset tetap.
Ketika keputusan pengembangan telah Once a development decision has been taken,
diambil, jumlah tercatat aset eksplorasi dan the carrying amount of the exploration and
evaluasi pada area of interest tertentu evaluation assets in respect of the area of
dipindahkan sebagai “tambang dalam interest is transferred to “mines under
pengembangan” pada akun properti development” within mining properties and
pertambangan dan digabung dengan aggregated with the subsequent development
pengeluaran biaya pengembangan expenditure.
selanjutnya.
“Tambang dalam pengembangan” “Mines under development” are reclassified as

direklasifikasi ke “tambang yang berproduksi” “mines in production” within mining properties
pada akun properti pertambangan pada akhir at the end of the commissioning phase, when
tahap commissioning, ketika tambang tersebut the mine is capable of operating in the manner
mampu beroperasi sesuai dengan maksud intended by management.
manajemen.
“Tambang dalam pengembangan” tidak No depreciation is recognised for “mines under

disusutkan sampai direklasifikasi menjadi development” until they are reclassified as
“tambang yang berproduksi”. “mines in production”.



(continued)
w. Properti pertambangan (lanjutan) w. Mining properties (continued)
Ketika timbul biaya pengembangan lebih lanjut When further development expenditure is
atas properti pertambangan setelah dimulainya incurred on a mining property after the
produksi, maka biaya tersebut akan dicatat commencement of production, the expenditure
sebagai bagian dari “tambang yang is carried forward as part of “mines in
berproduksi” apabila terdapat kemungkinan production” when it is probable that additional
besar tambahan manfaat ekonomis masa future economic benefits associated with the
depan sehubungan dengan biaya tersebut expenditure will flow to the Group. Otherwise,
akan mengalir ke Grup. Apabila tidak, biaya such expenditure is classified as a cost of
tersebut dibebankan sebagai biaya produksi. production.
“Tambang yang berproduksi” (termasuk biaya “Mines in production” (including reclassified

eksplorasi, evaluasi dan pengembangan, serta exploration, evaluation and development
pembayaran untuk memperoleh hak expenditure and payments made to acquire
penambangan dan sewa) diamortisasi dengan mineral rights and leases) are amortised using
menggunakan metode unit produksi the units-of-production method on the basis of
berdasarkan cadangan terbukti dan cadangan proved and probable reserves, with separate
terduga, dengan perhitungan terpisah yang calculations being made for each area of
dibuat untuk setiap area of interest. interest.
Properti pertambangan teridentifikasi yang Identifiable mining properties acquired in a

diperoleh melalui suatu kombinasi bisnis pada business combination are initially recognised
awalnya diakui sebagai aset sebesar nilai as assets at their fair value. Development
wajarnya. Pengeluaran pengembangan yang expenses incurred subsequent to the
terjadi setelah akuisisi properti pertambangan acquisition of the mining properties are
dicatat berdasarkan kebijakan akuntansi yang accounted for in accordance with the policy
dijelaskan di atas. outlined above.
“Tambang dalam pengembangan” dan “Mines under development” and “mines in

“tambang yang berproduksi” diuji penurunan production” are tested for impairment in
nilainya dengan mengacu pada kebijakan accordance with the policy in Note 2m.
akuntansi dalam Catatan 2m.
x. Pendapatan dan beban x. Revenue and expenses
Pendapatan diakui bila besar kemungkinan Revenue is recognised to the extent that it is
manfaat ekonomi akan diperoleh Grup dan probable that the economic benefits will flow to
jumlahnya dapat diukur secara andal. the Group and the revenue can be reliably
Pendapatan diukur pada nilai wajar measured. Revenue is measured at the fair
pembayaran yang diterima, tidak termasuk value of the consideration received, excluding
diskon, rabat dan Pajak Pertambahan Nilai discounts, rebates and Value Added Tax
(“PPN”). (“VAT”).



(continued)
x. Pendapatan dan beban (lanjutan) x. Revenue and expenses (continued)
Penjualan dari produk diakui sebagai The sale of a product is recognised as revenue
pendapatan pada saat pengalihan risiko when the risks of ownership are transferred to
kepemilikan kepada pelanggan dan bila kondisi the customer and when the following
berikut terpenuhi: conditions are met:
- Bentuk dari produk telah sesuai untuk - The product is in a suitable form for
pengiriman serta tidak terdapat proses delivery and no further processing is
lebih lanjut yang diperlukan oleh produsen; required by the producer;
- Kuantitas serta kualitas dari produk dapat - The quantity and quality of the product can
ditentukan dengan cukup akurat; be determined with reasonable accuracy;
- Produk telah diserahkan kepada - The product has been dispatched to the
pelanggan serta tidak lagi di bawah customer and is no longer under the
pengendalian fisik dari produsen atau hak physical control of the producer or
kepemilikannya telah diserahkan kepada ownership of the product has been passed
pelanggan; dan to the customer; and
- Harga jual dapat ditentukan dengan cukup - The selling price can be determined with
akurat. reasonable accuracy.
Terpenuhinya kondisi tersebut tergantung The satisfaction of these conditions depends

persyaratan penjualan dengan setiap on the terms of trade with individual customers.
pelanggan. Secara umum, risiko dan manfaat Generally, the risks and rewards are
dianggap telah berpindah ke pelanggan ketika considered to be transferred to the customer
terjadi transfer kepemilikan dan risiko kerugian when the title and risk of loss are transferred.
ke pelanggan.
Perjanjian penjualan tertentu atas feronikel Certain ferronickel sale agreements provide for
diakui dengan menggunakan harga penjualan the provisional pricing of sales at the time of
sementara pada saat tanggal pengiriman. shipment. The final pricing is based on the
Harga final ditentukan berdasarkan harga nikel London Metal Exchange (“LME”) nickel price
London Metal Exchange (“LME”) yang berlaku applicable at the date the goods are received
pada saat barang diterima oleh pelanggan. by the customers. Such a provisional sale
Penjualan jenis ini mengandung instrumen contains an embedded derivative which is
derivatif melekat yang berhubungan erat dan closely related and not recorded separately
tidak dicatat secara terpisah dari kontrak utama from the host sales contract. At the reporting
penjualan. Pada tanggal pelaporan, harga date, the provisionally priced ferronickel sales
penjualan feronikel sementara disesuaikan are adjusted to the latest forecasted LME
dengan harga LME nikel perkiraan terakhir, nickel price in a subsequent period, with the
dengan melakukan penyesuaian atas adjustments recorded in sales.
penjualan.
Pendapatan dari jasa terdiri dari pendapatan Revenue from services comprises revenue
dari jasa pemurnian, jasa pertambangan dan from providing refinery services, mining
sewa alat berat. Ketika hasil dari transaksi services and heavy equipment rental. When
pemberian jasa dapat diukur secara andal, the outcome of a transaction involving the
pendapatan terkait dengan transaksi tersebut rendering of services can be estimated reliably,
diakui dengan acuan tingkat penyelesaian atas revenue associated with the transaction are
transaksi pada saat akhir periode pelaporan. recognised by reference to the stage of
Hasil dari transaksi dapat diukur dengan andal completion of the transaction at the end of the
ketika seluruh kondisi berikut terpenuhi: reporting period. The outcome of a transaction
can be estimated reliably when all of the
following conditions are fulfilled:



(continued)
x. Pendapatan dan beban (lanjutan) x. Revenue and expenses (continued)
• Jumlah dari pendapatan dapat diukur • The amount of revenue can be measured
dengan andal; reliably;
• Adanya kemungkinan manfaat ekonomis • It is probable that the economic benefits
terkait transaksi yang akan mengalir ke associated with the transaction will flow to
Grup; the Group;
• Tingkat penyelesaian atas transaksi pada • The stage of completion of the transaction
akhir periode pelaporan dapat diukur at the end of the reporting period can be
secara andal; dan measured reliably; and
• Biaya-biaya yang dikeluarkan untuk • The costs incurred for the transaction and
transaksi dan biaya-biaya untuk the costs to complete the transaction can
menyelesaikan transaksi dapat diukur be measured reliably.
dengan andal.
Ketika hasil transaksi penjualan jasa tidak When the outcome of a transaction involving
dapat diestimasi dengan andal, pendapatan the rendering of services cannot be estimated
yang diakui hanya sebesar beban yang telah reliably, revenue is recognised only to the
diakui yang dapat diperoleh kembali. extent of the recognised expenses that are
recoverable.
Beban diakui pada saat terjadinya. Expenses are recognised as incurred.
y. Perpajakan y. Taxation
Beban pajak terdiri dari pajak kini dan pajak The tax expense comprises current and
tangguhan. Pajak diakui dalam laporan laba deferred tax. Tax is recognised in consolidated
rugi konsolidasian , kecuali jika pajak tersebut profit or loss, except to the extent that it relates
terkait dengan transaksi atau kejadian yang to items recognised in other comprehensive
diakui di penghasilan komprehensif lain atau income or directly in equity. In this case, the tax
langsung diakui ke ekuitas. Dalam hal ini, pajak is also recognised in other comprehensive
tersebut masing-masing diakui dalam income or directly in equity, respectively.
penghasilan komprehensif lain atau ekuitas.
Beban pajak kini dihitung berdasarkan The current income tax charge is calculated on
peraturan perpajakan yang berlaku pada the basis of the tax laws enacted at the
tanggal pelaporan keuangan, di mana reporting date in the countries where the
Perusahaan dan entitas anak beroperasi dan Company and its subsidiaries operate and
menghasilkan pendapatan kena pajak. generate taxable income. Management
Manajemen secara periodik mengevaluasi periodically evaluates the positions taken in tax
posisi yang dilaporkan di Surat Pemberitahuan returns with respect to situations in which
Tahunan (“SPT”) sehubungan dengan situasi di applicable tax regulations are subject to
mana aturan pajak yang berlaku membutuhkan interpretation. Management establishes
interpretasi. Jika perlu, manajemen provisions where appropriate on the basis of
menentukan provisi berdasarkan jumlah yang the amounts expected to be paid to the tax
diharapkan akan dibayar kepada otoritas pajak. authorities.



(continued)
y. Perpajakan (lanjutan) y. Taxation (continued)
Pajak penghasilan tangguhan diakui, untuk Deferred income tax is recognised, on

semua perbedaan temporer antara dasar temporary differences arising between the tax
pengenaan pajak aset dan liabilitas dengan bases of assets and liabilities and their carrying
nilai tercatatnya pada laporan keuangan amounts in the consolidated financial
konsolidasian. Namun, liabilitas pajak statements. However, deferred tax liabilities
penghasilan tangguhan tidak diakui jika berasal are not recognised if they arise from the initial
dari pengakuan awal goodwill atau jika timbul recognition of goodwill or if it arises from initial
dari pengakuan awal atas aset atau kewajiban recognition of an asset or liability in a
pada transaksi selain kombinasi bisnis yang transaction other than a business combination
pada saat transaksi tersebut tidak that at the time of the transaction affects
mempengaruhi laba rugi akuntansi dan laba neither accounting nor taxable profit or loss.
rugi kena pajak.
Pajak penghasilan tangguhan ditentukan Deferred income tax is determined using tax
dengan menggunakan tarif pajak yang telah rates that have been enacted or substantially
berlaku atau secara substantif telah berlaku enacted as at the reporting dates and is
pada tanggal pelaporan dan diharapkan expected to apply when the related deferred
diterapkan ketika aset pajak penghasilan income tax asset is realised or the deferred
tangguhan direalisasi atau liabilitas pajak income tax liability is settled.
penghasilan tangguhan diselesaikan.
Aset pajak penghasilan tangguhan diakui Deferred tax assets are recognised only to the
hanya jika besar kemungkinan jumlah extent that it is probable that future taxable
penghasilan kena pajak di masa depan akan profit will be available against which the
memadai untuk dikompensasi dengan temporary differences can be utilised.
perbedaan temporer yang masih dapat
dimanfaatkan.
Aset dan liabilitas pajak penghasilan Deferred income tax assets and liabilities are
tangguhan dapat saling hapus apabila terdapat offset when there are legally-enforceable right
hak yang berkekuatan hukum untuk melakukan to offset current tax assets against current tax
saling hapus antara aset pajak kini dengan liabilities and when the deferred income taxes
liabilitas pajak kini dan apabila aset dan assets and liabilities relate to income taxes
liabilitas pajak penghasilan tangguhan levied by the same taxation authority on the
dikenakan oleh otoritas perpajakan yang sama, same taxable entities, or on different taxable
baik atas entitas kena pajak yang sama entities where there is either an intention to
ataupun berbeda dan adanya niat untuk settle the balances on a net basis, or to realise
melakukan penyelesaian saldo-saldo tersebut the assets and settle the liability
secara neto atau untuk merealisasikan dan simultaneously.
menyelesaikan liabilitas secara bersamaan.
z. Imbalan kerja z. Employee benefits
i. Kewajiban jangka pendek i. Short-term obligation
Liabilitas untuk imbalan kerja jangka Liabilities for short-term employee benefits
pendek yang akan diselesaikan dalam that are expected to be settled wholly
waktu 12 bulan setelah akhir dari periode within 12 months after the end of the
ketika pekerja memberikan jasa yang period in which the employees render the
berhubungan diakui dan dihitung pada related service are recognised and
jumlah yang diperkirakan akan dibayar measured at the amounts expected to be
ketika liabilitas diselesaikan. Liabilitas paid when the liabilities are settled. The
diperesentasikan sebagai liabilitas liabilities are presented as short-term
imbalan karyawan jangka pendek di employee benefit liabilities in the
laporan posisi keuangan konsolidasian. consolidated statement of financial
position.



(continued)
z. Imbalan kerja (lanjutan) z. Employee benefits (continued)
ii. Kewajiban pensiun ii. Pensions obligations
Grup memiliki berbagai program pensiun The Group has various pensions schemes
sesuai dengan undang-undang dan in accordance with prevailing labor-related
peraturan ketenagakerjaan yang berlaku laws and regulations and the Group’s
dan kebijakan Grup. Grup memiliki policy. The Group has both defined benefit
program imbalan pasti dan iuran pasti. and defined contribution plans. A defined
Program pensiun imbalan pasti adalah pension benefit plan is a pension plan that
program pensiun yang menentukan jumlah defines an amount of pension benefit to be
imbalan pensiun yang akan diberikan, provided, usually as a function of one or
biasanya berdasarkan pada satu faktor more factors, such as age, years of
atau lebih seperti usia, masa kerja atau service or compensation. A defined
kompensasi. Program pensiun iuran pasti pension contribution plan is a pension plan
adalah sebuah program pensiun dimana under which the Group pays fixed
Grup akan membayar iuran tetap kepada contributions into a separate entity and will
sebuah entitas yang terpisah dan tidak have no legal or constructive obligations to
memiliki kewajiban hukum atau konstruktif pay further contributions if the fund does
untuk membayar kontribusi lebih lanjut not hold sufficient assets to pay all
apabila dana pensiun tersebut tidak employees the benefits relating to
memiliki aset yang memadai untuk employee service in the current and prior
membayar seluruh imbalan karyawan periods.
yang berhubungan dengan pelayanan
yang diberikan oleh karyawan pada
periode kini dan sebelumnya.
Kewajiban program pensiun imbalan pasti The liability recognised in the consolidated
yang diakui di laporan posisi keuangan statement of financial position in respect of
konsolidasian adalah nilai kini kewajiban defined benefit pension plans is the
imbalan pasti pada tanggal laporan posisi present value of the defined benefit
keuangan konsolidasian dikurangi nilai obligation at consolidated statement of
wajar aset program. Kewajiban imbalan financial position date, less the fair value
pasti dihitung setiap tahun oleh aktuaris of plan assets. The defined benefit
independen dengan menggunakan obligation is calculated annually by
metode projected-unit-credit. Nilai kini independent actuaries using the
kewajiban imbalan pasti ditentukan projected-unit-credit method. The present
dengan mendiskontokan estimasi arus kas value of the defined benefit obligation is
keluar di masa depan dengan determined by discounting the estimated
menggunakan tingkat bunga obligasi future cash outflows using the interest
pemerintah (dengan pertimbangan saat ini rates of government bonds (considering
tidak terdapat pasar aktif untuk obligasi that currently there is no deep market for
korporat berkualitas tinggi) dalam mata high-quality corporate bonds) that are
uang yang sama dengan mata uang denominated in the currency in which the
imbalan yang akan dibayarkan dan waktu benefit will be paid and that have terms to
jatuh temponya kurang lebih sama dengan maturity approximating the terms of the
kewajiban yang bersangkutan. related pension liability.



(continued)
ii. Kewajiban pensiun (lanjutan) ii. Pension obligations (continued)
Biaya bunga bersih dihitung dengan The net interest cost is calculated by
menerapkan tingkat diskonto terhadap applying the discount rate to the net
saldo bersih kewajiban imbalan pasti dan balance of the defined benefit obligation
nilai wajar aset program. Biaya ini and the fair value of plan assets. This cost
termasuk dalam beban imbalan kerja is included in employee benefit expense in
dalam laporan laba rugi konsolidasian. the consolidated statement of profit or
loss.
Keuntungan dan kerugian atas Remeasurement gains and losses arising

pengukuran kembali yang timbul dari from experience adjustments and
penyesuaian dan perubahan dalam changes in actuarial assumptions are
asumsi-asumsi aktuarial langsung diakui charged or credited to equity in other
seluruhnya melalui pendapatan comprehensive income in the period in
komprehensif lainnya pada saat which they arise. They are included in
terjadinya. Keuntungan dan kerugian ini retained earnings in the consolidated
termasuk didalam laba ditahan pada statement of financial position.
laporan posisi keuangan konsolidasian.
Perubahan nilai kini atas kewajiban Gains or losses on the curtailment or

imbalan pasti yang timbul dari amandemen settlement of a defined benefit plan are
rencana atau pembatasan langsung diakui recognised in consolidated profit or loss
dalam laporan laba rugi sebagai biaya jasa when the curtailment or settlement occurs.
lalu.
Biaya jasa lalu diakui secara langsung di Past-service costs are recognised
laporan laba rugi konsolidasian. immediately in consolidated profit or loss.
Untuk program iuran pasti, Grup For defined contribution plan, the Group
membayar iuran program pensiun pays contributions to pension plans on a
berdasarkan kontrak. Namun karena contractual basis. However, since Labour
Undang-Undang Ketenagakerjaan No. 13 Law No. 13 of 2003 requires an entity to
tahun 2003 mengharuskan entitas pay to a worker entering into pension age
membayar jumlah tertentu kepada para a certain amount based on, the worker’s
pekerja yang telah memasuki usia pensiun length of service, the Group is exposed to
yang ditentukan berdasarkan masa kerja, the possibility of having to make further
Grup rentan terhadap kemungkinan untuk payments to reach that certain amount in
membayar kekurangan apabila iuran particular when the cumulative
kumulatif dan hasil pengembalian kurang contributions and the return thereon are
dari jumlah tertentu. Sebagai akibatnya, less than that amount. Consequently, if
jika imbalan pensiun sesuai Undang- the pension benefits based on Labour Law
Undang Ketenagakerjaan No. 13 tahun No. 13 of 2003 are higher than those
2003 lebih besar dari program pensiun based on existing pension plan, the
yang ada, selisih tersebut harus diakui difference shall be recognised by the
oleh Grup sebagai bagian dari liabilitas Group as part of the overall pension
imbalan pensiun. benefits obligation.



(continued)
iii. Imbalan pelayanan kesehatan iii. Post-employment healthcare benefits

pascakerja
Grup menyediakan imbalan kesehatan The Group provides post-employment

pascakerja untuk pensiunan tertentu healthcare benefits to certain retirees after
setelah memenuhi masa kerja minimum completion of a minimum service period.
tertentu. Akrual atas perkiraan biaya The expected costs of these benefits are
imbalan ini diakui sepanjang masa kerja accrued over the period of employment,
karyawan, dengan menggunakan metode using an accounting method similar to that
akuntansi yang sama dengan metode for defined benefit pension plans. These
yang digunakan dalam perhitungan obligations are valued annually by
program pensiun imbalan pasti. Kewajiban independent qualified actuaries.
ini dinilai setiap tahun oleh aktuaris
independen yang memenuhi kualifikasi.
iv. Pesangon pemutusan kontrak kerja iv. Termination benefits
Pesangon pemutusan kontrak kerja Termination benefits are payable when

terutang ketika Grup memberhentikan employment is terminated by the Group
hubungan kerja sebelum usia pensiun before the normal retirement date or
normal atau ketika seorang pekerja whenever an employee accepts voluntary
menerima penawaran mengundurkan diri redundancy in exchange for these
secara sukarela dengan kompensasi benefits. A liability for a termination benefit
imbalan pesangon. Pesangon pemutusan will be recognised at the earlier of when
kontrak kerja diakui saat yang mana yang the Group can no longer withdraw the offer
lebih cepat antara ketika Grup sudah tidak of the termination benefit and when the
dapat menarik penawaran atas pesangon Group recognises any related
pemutusan kontrak kerja dan ketika Grup restructuring costs.
mengakui biaya restrukturisasi terkait.
Semua imbalan yang membutuhkan Any benefit that requires future service is
adanya pelayanan kerja di masa not a termination benefit. In case an offer
mendatang bukan merupakan pesangon is made to encourage voluntary
pemutusan kontrak kerja. Pada situasi di redundancy, the termination benefits are
mana suatu penawaran diajukan agar measured based on the number of
karyawan sukarela mengundurkan diri, employees expected to accept the offer.
pesangon pemutusan kontrak kerja diukur Benefits falling due more than 12 months
berdasarkan jumlah karyawan yang after the reporting date are discounted to
diharapkan menerima penawaran their present value.
tersebut. Imbalan yang jatuh tempo lebih
dari 12 bulan setelah periode pelaporan
didiskontokan ke nilai masa kini.
v. Imbalan pascakerja lainnya v. Other post-employment benefits
Grup juga memberikan imbalan The Group also provides other post-
pascakerja lainnya kepada semua employment benefits for all of its
karyawan tetapnya. Kewajiban imbalan permanent employees. The liability in
pascakerja lainnya dicatat berdasarkan respect of other post-employment benefits
perhitungan aktuaria dengan is recorded based on actuarial
menggunakan metode projected-unit- calculations using the projected-unit-credit
credit yang dilakukan oleh aktuaris method by independent actuaries.
independen.



(continued)
v. Imbalan pascakerja lainnya (lanjutan) v. Other post-employment benefits

(continued)
Imbalan yang diberikan adalah imbalan This benefit scheme is a defined benefit
pasti yang berkaitan dengan kematian, arrangement providing for death,
cacat tetap, masa persiapan pensiun dan permanent disability, retirement
imbalan pensiun yang tergantung dari preparation period and retirement benefits
lamanya masa kerja. Grup mengakui depending on the periods of completed
timbulnya biaya pada saat Grup menerima service. The Group recognises the
manfaat ekonomis dari jasa yang diberikan expense for the benefits when the Group
karyawan. receives the economic benefits arising
from services provided by its employees.
aa. Segmen operasi aa. Operating segments
Segmen operasi dilaporkan dengan cara yang Operating segments are reported in a manner
konsisten dengan pelaporan internal yang consistent with the internal reporting provided
diberikan kepada pengambil keputusan to the chief operating decision-maker. The
operasional. Direksi merupakan pengambil chief operating decision-maker, who is
keputusan operasional yang bertanggung responsible for allocating resources and
jawab untukmengalokasikan sumber daya dan assessing performance of the operating
menilai kinerja segmen operasi dan membuat segments and making strategic decisions, has
keputusan strategis. been identified as the Board of Directors.
3. PENGGUNAAN PERTIMBANGAN, ESTIMASI 3. MANAGEMENT’S USE OF JUDGMENTS,

DAN ASUMSI OLEH MANAJEMEN ESTIMATES AND ASSUMPTIONS
Penyusunan laporan keuangan konsolidasian Grup The preparation of the Group’s consolidated
mensyaratkan manajemen untuk membuat financial statements requires management to make
pertimbangan, estimasi dan asumsi yang judgments, estimates and assumptions that affect
mempengaruhi jumlah yang dilaporkan atas the reported amounts of revenues, expenses,
pendapatan, beban, aset dan liabilitas, serta assets and liabilities and the disclosure of
pengungkapan liabilitas kontinjensi, pada akhir contingent liabilities, at the end of the reporting
periode pelaporan. Namun, ketidakpastian estimasi period. However, uncertainty about these estimates
dan asumsi ini dapat menyebabkan hasil yang and assumptions could result in outcomes that
memerlukan penyesuaian material atas nilai require a material adjustment to the carrying
tercatat aset atau liabilitas yang terpengaruh di amounts of assets or liabilities affected in future
masa mendatang. periods.
Pertimbangan, estimasi dan asumsi berikut ini The following judgments, estimates and
dibuat oleh manajemen dalam rangka penerapan assumptions were made by management in the
kebijakan akuntansi Grup yang memiliki pengaruh process of applying the Group’s accounting policies
paling signifikan atas jumlah yang diakui dalam that have the most significant effects on the
laporan keuangan konsolidasian. amounts recognised in the consolidated financial
statements.



DAN ASUMSI OLEH MANAJEMEN (lanjutan) ESTIMATES AND ASSUMPTIONS (continued)
a. Estimasi dan asumsi akuntansi yang a. Critical accounting estimates and

penting assumptions
i. Estimasi masa manfaat aset tetap i. Estimating the useful lives of property,
plant and equipment
Grup mengestimasi masa manfaat aset The Group estimates the useful lives of its
tetapnya berdasarkan ekspektasi utilisasi property, plant and equipment based on
aset yang sesuai dengan rencana dan expected asset utilisation as anchored on
strategi usaha setelah mempertimbangkan business plans and strategies that also
perkembangan teknologi di masa depan consider expected future technological
dan perilaku pasar. Di samping itu, developments and market behaviour. In
estimasi dari masa manfaat aset tetap juga addition, the Group’s collective
mempertimbangkan penelaahan Grup assessment of industry practice, an
secara kolektif terhadap praktek industri, internal technical evaluation and
evaluasi teknis internal dan pengalaman experience with similar assets are also
untuk aset yang sejenis. Estimasi masa considered when estimating the useful
manfaat ditelaah paling sedikit setiap akhir lives of property, plant and equipment.
tahun pelaporan dan diperbaharui jika The estimated useful lives are reviewed at
ekspektasi berbeda dari estimasi least each financial year end and are
sebelumnya dikarenakan pemakaian dan updated if expectations differ from
kerusakan fisik, keusangan secara teknis previous estimates due to physical wear
atau komersial dan keterbatasan hukum and tear, technical or commercial
atau pembatasan lainnya atas obsolescence and legal or other
penggunaan dari aset. Namun, ada limitations on the use of the assets. It is
kemungkinan, Hasil operasi di masa possible, however, that future results of
depan dapat dipengaruhi secara material operations could be materially affected by
oleh perubahan-perubahan dalam changes in the estimates brought about by
estimasi yang diakibatkan oleh perubahan changes in the factors mentioned above.
faktor-faktor yang disebutkan di atas.
Jumlah dan waktu pencatatan beban untuk The amounts and timing of recorded
setiap periode akan terpengaruh oleh expenses for any period will be affected by
perubahan atas berbagai faktor dan situasi changes in these factors and
tersebut. Pengurangan estimasi masa circumstances. A reduction in the
manfaat dari aset tetap Grup akan estimated useful lives of the Group’s
meningkatkan beban operasi dan property, plant and equipment will
menurunkan jumlah tercatat aset tidak increase the recorded operating expenses
lancar. and decrease the carrying amounts of
non-current assets.
ii. Penurunan nilai atas goodwill dan aset ii. Impairment of goodwill and non-
nonkeuangan financial assets
Jumlah nilai yang dapat dipulihkan kembali The recoverable amount of an asset or
dari sebuah aset atau unit penghasil kas cash-generating unit is measured at the
diukur berdasarkan nilai yang lebih tinggi higher of its fair value less costs of disposal
antara nilai wajar dikurangi biaya pelepasan or value in use. The determination of fair
atau nilai pakai. Penentuan nilai wajar value less costs of disposal and value in
dikurangi biaya pelepasan dan nilai pakai use requires management to make
mengharuskan manajemen untuk membuat estimates and assumptions mainly about
estimasi dan asumsi terutama tentang expected production and sales volumes,
ekspektasi produksi dan volume penjualan, commodity prices (considering current and
harga komoditas (dengan historical prices, price trends and related
mempertimbangkan harga saat ini dan factors), mineral reserves, operating costs,
masa lalu, tren harga dan faktor-faktor closure and rehabilitation costs and future
terkait), cadangan mineral, biaya operasi, capital expenditure.
biaya penutupan dan rehabilitasi serta
belanja modal di masa depan.




penting (lanjutan) assumptions (continued)
ii. Penurunan nilai atas goodwill dan aset ii. Impairment of goodwill and non-
nonkeuangan (lanjutan) financial assets (continued)
Estimasi dan asumsi ini memiliki risiko dan These estimates and assumptions are
ketidakpastian, sehingga ada kemungkinan subject to risk and uncertainty; hence there
bahwa perubahan situasi akan mengubah is a possibility that changes in
proyeksi ini, yang selanjutnya dapat circumstances will alter these projections,
mempengaruhi jumlah terpulihkan aset. which may have an impact on the
Dalam keadaan seperti itu, beberapa atau recoverable amount of the assets. In such
semua nilai tercatat aset mungkin akan circumstances, some or all of the carrying
mengalami tambahan penurunan nilai atau value of the assets may be further impaired
beban penurunan nilai berkurang dengan or the impairment charge reduced with the
dampak yang dicatat dalam laporan laba impact recorded in consolidated profit or
rugi konsolidasian. loss.
iii. Estimasi biaya dan kewajiban pensiun iii. Estimation of pension and other post-
dan imbalan pascakerja lainnya employment costs and obligations
Beban pensiun dan imbalan pascakerja The cost of pension and other post-
lainnya beserta nilai kini dari kewajiban employment benefits and the present value
tersebut ditentukan dengan menggunakan of those obligations are determined using
penilaian aktuarial. Penilaian aktuarial actuarial valuations. An actuarial valuation
mencakup penentuan asumsi yang involves making various assumptions that
bervariasi yang dapat berbeda dengan may differ from actual developments in the
perkembangan actual di masa depan. future. These include but are not limited to,
Asumsi-asumsi ini meliputi namun tidak the determination of the discount rate,
terbatas pada, penentuan tingkat diskonto, salary growth rate, health cost increase rate
tingkat kenaikan gaji, tingkat kenaikan biaya and mortality rates. Any changes in these
kesehatan dan tingkat kematian. Setiap assumptions will impact the carrying
perubahan dari asumsi-asumsi tersebut amount of the obligations. Due to the
akan berdampak terhadap nilai tercatat complexity of the valuation, the underlying
kewajiban. Oleh karena kompleksitas dari assumptions and its long-term nature, the
penilaian, asumsi terkait dan sifatnya yang obligations are highly sensitive to changes
jangka panjang, kewajiban sangat sensitif in assumptions. All assumptions are
terhadap perubahan asumsi tersebut. reviewed at each reporting date.
Semua asumsi ditelaah pada setiap tanggal
pelaporan.
Rincian lebih lanjut mengenasi asumsi yang Further details about the assumptions
digunakan, termasuk Analisa sensitivitas, used, including a sensitivity analysis, are
diungkapkan pada Catatan 31. disclosed in Note 31.
iv. Estimasi cadangan mineral iv. Mineral reserve estimates
Cadangan terbukti dan terkira merupakan Proven and probable reserves are
estimasi jumlah mineral yang dapat estimates of the amount of mineral that
dieksploitasi secara ekonomis dan legal can be economically and legally exploited
dari properti pertambangan Grup. Grup from the Group’s mining properties. The
menentukan dan melaporkan cadangan Group determines and reports its mineral
mineral berdasarkan prinsip-prinsip yang reserves under the principles incorporated
terkandung dalam the Code for Reporting in the Code for Reporting of Mineral
of Mineral Resources and Ore Reserves Resources and Ore Reserves (the “JORC
(the “JORC Code”) of the Australasian Code”) of the Australasian Joint Ore
Joint Ore Reserves Committee (“JORC”). Reserves Committee (“JORC”).




iv. Estimasi cadangan mineral (lanjutan) iv. Mineral reserve estimates (continued)
Dalam memperkirakan cadangan mineral In order to estimate mineral reserves,

diperlukan beberapa asumsi seperti faktor assumptions are required about a range of
geologi, teknis dan ekonomi, termasuk geological, technical and economic
jumlah produksi, teknik produksi, rasio factors, including production quantities,
nisbah kupas, biaya produksi, biaya production techniques, stripping ratio,
transportasi, permintaan dan harga production costs, transportation costs,
mineral dan nilai tukar mata uang. Estimasi demand and prices of mineral and
jumlah dan/atau kandungan cadangan exchange rates. Estimating the quantity
mineral memerlukan ukuran, bentuk dan and/or mineral content of mineral reserves
kedalaman badan (zona) mineral yang requires the size, shape and depth of
ditentukan dengan melakukan analisa mineral bodies to be determined by
data geologis seperti sampel pengeboran. analysing geological data such as drilling
Proses ini mungkin memerlukan samples. This process may require
pertimbangan geologis yang kompleks complex and difficult geological judgments
dan sulit dalam menginterpretasikan data. to interpret the data.
Karena asumsi-asumsi ekonomi yang Because the economic assumptions used

digunakan untuk membuat estimasi atas to estimate reserves change from period
jumlah cadangan berubah dari waktu ke to period and because additional
waktu dan karena adanya data geologi geological data is generated during the
tambahan yang dihasilkan selama periode course of operations, estimates of
operasi, maka jumlah estimasi cadangan reserves may change from period to
dapat berubah dari waktu ke waktu. period. Changes in the reported reserves
Perubahan cadangan yang dilaporkan may affect the Group’s financial results
dapat mempengaruhi hasil keuangan dan and financial position in a number of ways,
posisi keuangan Grup dalam berbagai including the following:
bentuk, diantaranya:
a. Nilai tercatat aset dapat terpengaruh a. Assets’ carrying values may be

akibat perubahan estimasi arus kas affected due to changes in the
masa depan. estimated future cash flows.
b. Penyusutan, deplesi dan amortisasi b. Depreciation, depletion and

yang dibebankan dalam laporan laba amortisation charged to consolidated
rugi konsolidasian dapat berubah jika profit or loss may change where such
biaya tersebut ditentukan charges are determined on the units-
berdasarkan basis satuan unit of-production basis, or where the
produksi, atau jika terdapat useful economic lives of assets
perubahan masa manfaat ekonomis change.
aset.
c. Pembongkaran, restorasi lahan dan c. Decommissioning, site restoration

provisi lingkungan dapat berubah and environmental provisions may
karena perubahan estimasi cadangan change where changes in estimated
yang dapat mempengaruhi ekspektasi reserves affect expectations about
akan waktu atau biaya kegiatan- the timing or cost of these activities.
kegiatan tersebut.
d. Nilai tercatat aset/liabilitas pajak d. The carrying value of deferred tax

tangguhan dapat berubah karena assets/liabilities may change due to
perubahan estimasi pemulihan changes in estimates of the likely
manfaat pajak. recovery of the tax benefits.




v. Provisi atas rehabilitasi dan tutup v. Provision for mine rehabilitation and
tambang closure
Kebijakan akuntansi Grup untuk The Group’s accounting policy for the
pengakuan provisi atas rehabilitasi dan recognition of mine rehabilitation and
penutupan tambang membutuhkan closure provisions requires significant
estimasi dan asumsi yang signifikan, estimates and assumptions, such as
seperti persyaratan hukum dan regulasi requirements of the relevant legal and
yang relevan, besarnya lahan terganggu regulatory framework, the magnitude of
yang mungkin terjadi, serta waktu, possible land disturbance and the timing,
cakupan dan biaya yang dibutuhkan untuk extent and costs of required closure and
kegiatan penutupan dan rehabilitasi. rehabilitation activity. These uncertainties
Ketidakpastian ini dapat menimbulkan may result in future actual expenditure that
perbedaan antara jumlah biaya aktual differs from the amounts currently
yang terjadi di masa depan dengan jumlah provided. The provision recognised for
yang dicadangkan saat ini. Provisi yang each site is periodically reviewed and
diakui untuk setiap lokasi secara berkala updated based on the facts and
ditinjau dan diperbaharui berdasarkan circumstances available at that time.
fakta-fakta dan keadaan pada saat itu.
vi. Biaya eksplorasi dan evaluasi vi. Exploration and evaluation

expenditure
Kebijakan akuntansi Grup untuk biaya The Group’s accounting policy for
eksplorasi dan evaluasi menimbulkan exploration and evaluation expenditure
adanya beberapa biaya yang dikapitalisasi results in certain items of expenditure
untuk sebuah area of interest yang being capitalised for an area of interest
dianggap dapat dipulihkan lewat kegiatan where it is considered likely to be
eksploitasi di masa depan atau lewat recoverable by future exploitation or sale
penjualan atau dimana kegiatan belum or where the activities have not yet
mencapai tahap yang memungkinkan reached a stage which permits a
penilaian yang wajar atas adanya reasonable assessment of the existence
cadangan. Kebijakan ini mengharuskan of reserves. This policy requires
manajemen untuk membuat estimasi dan management to make certain estimates
asumsi tertentu untuk peristiwa dan and assumptions as to future events and
keadaan di masa depan, khususnya circumstances, in particular whether an
tentang apakah operasi produksi yang economically viable production operation
ekonomis dapat dilaksanakan. Setiap can be established. Any such estimates
perkiraan dan asumsi tersebut dapat and assumptions may change as new
berubah seiring tersedianya informasi information becomes available. If, after
baru. Jika setelah biaya tersebut having capitalised the expenditure under
dikapitalisasi sesuai kebijakan Grup the policy, a judgment is made that
namun kecil kemungkinan pemulihan atas recovery of the expenditure is unlikely, the
biaya tersebut akan terjadi, biaya yang relevant capitalised amount will be written
dikapitalisasi terkait akan dihapus pada off to consolidated profit or loss.
laporan laba rugi konsolidasian .



b. Pertimbangan penting dalam penentuan b. Critical judgments in applying the entity’s

kebijakan akuntansi entitas accounting policies
i. Penentuan mata uang fungsional i. Determination of functional currency
Dalam proses penerapan kebijakan In the process of applying the Group’s

akuntansi Grup, manajemen harus accounting policies, management has to
membuat pertimbangan dalam make a judgment on the determination of
penentuan mata uang fungsional dari the functional currency of each of the
setiap entitas anggota Grup. Mata uang Group’s entities. The functional currency
fungsional dari masing-masing entitas di of each entity within the Group is the
dalam Grup adalah mata uang masing- currency of the primary economic
masing dari lingkungan ekonomi utama environment in which each entity
dimana entitas tersebut beroperasi. operates.
Perusahaan mempertimbangkan The Company considers the primary

indikator utama dan indikator lainnya indicators and other indicators in
dalam menentukan mata uang determining its functional currency. If
fungsionalnya. Jika ada indikator yang indicators are mixed and the functional
tercampur dan mata uang fungsional currency is not obvious, management
tidak jelas, manajemen menggunakan uses its judgement to determine the
pertimbangan untuk menentukan mata functional currency that most faithfully
uang fungsional yang paling tepat represents the economic effects of the
menggambarkan pengaruh ekonomi dari underlying transactions, events and
transaksi, kejadian dan kondisi yang conditions.
mendasarinya.
ii. Ketidakpastian kewajiban perpajakan ii. Uncertainty of tax exposures
Pertimbangan dan asumsi dibutuhkan Judgments and assumptions are required

dalam menentukan beban yang dapat to determine the deductibility of certain
dikurangkan dalam mengestimasi provisi expenses during the estimation of the
pajak penghasilan Grup. Secara khusus, provision for income taxes of the Group. In
perhitungan beban pajak penghasilan particular, the calculation of the Group’s
Grup melibatkan penafsiran terhadap income tax expenses involves the
peraturan perpajakan dan peraturan interpretation of applicable tax laws and
lainnya. Terdapat banyak transaksi dan regulations. There are many transactions
perhitungan yang pajaknya tidak pasti and calculations for which the ultimate tax
dalam kegiatan usaha biasa. determination is uncertain during the
ordinary course of business.
Semua pertimbangan dan estimasi yang All judgments and estimates taken by
dibuat manajemen seperti yang management as discussed above may be
diungkapkan di atas dapat dipertanyakan challenged by the Directorate General of
oleh Direktorat Jenderal Pajak (“DJP”) Taxation (“DGT”) or the Government
atau Auditor Pemerintah. Sebagai Auditors. As a result, the ultimate tax
akibatnya, terjadi ketidakpastian dalam determination becomes uncertain. The
penentuan kewajiban pajak. Resolusi dari resolution of tax positions taken by the
posisi pajak Grup dapat berlangsung Group can take several years to complete
bertahun-tahun dan sangat sulit untuk and it is difficult to predict the ultimate
memprediksi hasil akhirnya. Apabila outcome. If the final tax outcome of these
terdapat perbedaan perhitungan pajak matters is different from the amounts
dengan jumlah yang telah dicatat, initially recorded, such differences will
perbedaan tersebut akan berdampak pada have an impact on the income tax and
pajak penghasilan dan pajak tangguhan deferred income tax provision in the period
dalam periode dimana penentuan pajak in which this determination is made.
tersebut dibuat.



b. Pertimbangan penting dalam penentuan b. Critical judgments in applying the entity’s

kebijakan akuntansi entitas (lanjutan) accounting policies (continued)
ii. Ketidakpastian kewajiban perpajakan ii. Uncertainty of tax exposures

Asumsi pembentukan laba kena pajak di Assumptions about the generation of

masa depan bergantung pada estimasi future taxable profits depend on
manajemen untuk arus kas di masa depan. management’s estimates of future cash
Hal ini bergantung pada estimasi produksi, flow. These depend on the estimates of
volume penjualan barang atau jasa, harga future production, sales volumes or sales
komoditas, cadangan, biaya operasi, biaya of services, commodity prices, reserves,
penutupan dan rehabilitasi tambang, operating costs, closure and rehabilitation
belanja modal, dividen dan transaksi costs, capital expenditure, dividends and
manajemen lainnya di masa depan. other capital management transactions.
Aset pajak tangguhan, termasuk yang Deferred tax assets, including those
timbul dari rugi fiskal dan perbedaan arising from unrecouped tax losses and
temporer, diakui hanya apabila dianggap temporary differences, are recognised
lebih mungkin daripada tidak bahwa only where it is considered more likely
mereka dapat dipulihkan, dimana hal ini than not that they will be recovered, which
tergantung pada kecukupan pembentukan is dependent on the generation of
laba kena pajak di masa depan. sufficient future taxable profit.
iii. Biaya pengembangan iii. Development expenditure
Kegiatan pengembangan dimulai setelah Development activities commence after

dilakukan persetujuan proyek oleh the project has been approved by the
tingkatan manajemen yang berwenang. appropriate level of management.
Manajemen membuat pertimbangan untuk Judgment is applied by management in
menentukan kapan suatu proyek layak determining when a project is
dikembangkan secara ekonomis. Dalam economically viable. In exercising this
membuat pertimbangan tersebut, judgment, management is required to
manajemen perlu membuat estimasi dan make certain estimates and assumptions
asumsi tertentu serupa seperti yang similar to those described above for
dijelaskan di atas untuk biaya eksplorasi capitalised exploration expenditure. Each
yang dikapitalisasi. Setiap estimasi dan of such estimates and assumptions may
asumsi tersebut dapat berubah seiring change as new information becomes
tersedianya informasi baru. Jika setelah available. If after having commenced the
memulai kegiatan pengembangan ada development activity, a judgment is made
penilaian bahwa terdapat penurunan nilai that a development asset is impaired, the
biaya pengembangan, jumlah yang sesuai appropriate amount will be written-off to
hal tersebut akan dihapus di dalam laporan consolidated profit or loss.
laba rugi konsolidasian .
4. PENYAJIAN KEMBALI LAPORAN KEUANGAN 4. RESTATEMENT OF CONSOLIDATED

KONSOLIDASIAN DAN REKLASIFIKASI AKUN FINANCIAL STATEMENTS AND
RECLASSIFICATION OF ACCOUNTS
Dampak penyajian kembali terhadap laba bersih Set forth below are the effects of the restatements
konsolidasian yang sebelumnya dilaporkan untuk on the previously reported consolidated net profit
tahun yang berakhir pada tanggal 31 Desember the year ended 31 December 2018 and for
2018 dan untuk ekuitas pemegang saham pada shareholders’ equity as of 31 December 2018 and 1
tanggal 31 Desember 2018 dan 1 Januari 2018 January 2018. The corrections of the consolidated
adalah sebagaimana diuraikan di bawah. financial statements primarily relate to errors in the
Penyesuaian-penyesuaian atas laporan keuangan equity accounting of investments in foreign
konsolidasian terutama terkait dengan kesalahan operations, impairment of long-lived assets,
akuntansi ekuitas atas investasi dalam mata uang capitalisation of certain expenditures, inventories,
asing, penurunan nilai aset tidak lancar, kapitalisasi provision for environmental and reclamation costs
atas pengeluaran tertentu, persediaan, provisi atas and certain taxation accounts.
pengelolaan dan reklamasi lingkungan hidup dan
akun perpajakan tertentu.


4. PENYAJIAN KEMBALI LAPORAN KEUANGAN 4. RESTATEMENT OF CONSOLIDATED FINANCIAL

KONSOLIDASIAN DAN REKLASIFIKASI AKUN STATEMENTS AND RECLASSIFICATION OF
(lanjutan) ACCOUNTS (continued)
Dampak penyajian kembali laporan keuangan The effect of the restatements on net profit for the
terhadap laba bersih untuk tahun yang berakhir year ended 31 December 2018 is set forth in the
31 Desember 2018 diuraikan pada tabel di bawah. table below. Restatements of Rp1.3 trillion relating
Dampak penyajian kembali untuk periode-periode to periods prior to 2018 were recorded as a
sebelum tahun 2018 sebesar Rp1,3 triliun reduction of the respective equity accounts as of
dibukukan sebagai pengurang akun-akun ekuitas 1 January 2018.
terkait pada tanggal 1 Januari 2018.
2018
Laba tahun berjalan, dilaporkan sebelumnya 874,426,593 Profit for the year, as previously reported
Penyesuaian: Adjustments:
(i) Akuntansi ekuitas atas asosiasi yang Equity accounting of an associate with a (i)
memiliki mata uang fungsional asing (52,037,338) foreign functional currency
(ii) Akuntansi ekuitas atas ICA 830,083,977 Equity accounting of ICA (ii)
(iii) Kapitalisasi atas pengeluaran tertentu 58,881,779 Capitalisation of certain expenditures (iii)
(iv) Estimasi terkait cadangan logam mulia 8,261,064 Estimation of precious metal reserves (iv)
(v) Estimasi terkait kandungan logam mulia Estimation of precious metal content in (v)
pada konsentrat bermutu rendah (23,386,294) low grade concentrate
(vi) Provisi atas pengelolaan dan reklamasi Provision for environmental and reclamation (vi)
lingkungan hidup (9,259,553) costs
(vii) Akuntansi atas pajak dibayar di muka Accounting for certain prepaid tax and (vii)
dan utang pajak tertentu (82,931,831) tax payables
(ix) Penyesuaian lainnya 31,964,194 Other items (ix)
Penyesuaian bersih 761,575,998 Net adjustments
Laba tahun berjalan, disajikan kembali 1,636,002,591 Profit for the year, as restated
Laba bersih per saham dasar (nilai penuh) Basic earnings per share (full amount)
Yang dilaporkan sebelumnya 36.39 As previously reported
Disajikan kembali 68.08 As restated
Dampak penyajian kembali atas ekuitas pemegang The effect of the restatements on shareholders'
saham pada tanggal 31 Desember 2018 dan 1 equity as of 31 December 2018 and 1 January 2018
Januari 2018 adalah sebagaimana disajikan pada is set forth in the table below:
tabel di bawah:
31 Desember/ 1 Januari/
December 2018 January 2018
Ekuitas pemegang saham, Shareholders' equity, as previously
dilaporkan sebelumnya 19,739,230,723 18,490,403,517 reported
Penyesuaian: Adjustments:
(i) Akuntansi ekuitas atas asosiasi Equity accounting of (i)
yang memiliki mata uang an associate with
fungsional asing 48,059,543 - a foreign functional currency
(ii) Akuntansi ekuitas atas ICA - (1,455,791) Equity accounting of ICA (ii)
(iii) Kapitalisasi atas pengeluaran Capitalisation of certain (iii)
tertentu (352,441,880) (410,290,964) expenditures
(iv) Estimasi terkait cadangan Estimation of precious (iv)
logam mulia (533,504,594) (546,174,181) metal reserves
(v) Estimasi terkait kandungan
logam mulia pada konsentrat Estimation of precious metal content (v)
bermutu rendah (182,181,465) (158,795,171) in low grade concentrate
(vi) Provisi atas pengelolaan dan Provision for environmental and (vi)
reklamasi lingkungan hidup (128,894,464) (119,634,910) reclamation costs
(vii) Akuntansi atas pajak dibayar Accounting for certain prepaid tax (vii)
di muka dan utang pajak tertentu (82,931,831) - and tax payables
(viii)Penurunan nilai atas aset
tidak lancar lainnya (98,921,976) (98,921,976) Impairment of other long-lived assets (viii)
(ix) Penyesuaian lainnya 39,952,235 7,988,041 Other items (ix)
Penyesuaian bersih (1,290,864,432) (1,327,284,952) Net adjustments
Ekuitas pemegang saham,

disajikan kembali 18,448,366,291 17,163,118,565 Shareholders' equity, as restated



Berikut ini adalah ringkasan penjelasan atas Below are brief explanations of those adjustments
penyesuaian-penyesuaian yang telah dimasukkan that have been reflected in the accompanying
dalam laporan keuangan konsolidasian terlampir restated consolidated financial statements:
yang disajikan kembali:
i. Akuntansi ekuitas atas asosiasi yang memiliki i. Equity accounting of an associate with a foreign
mata uang fungsional asing functional currency
Grup memiliki entitas asosiasi, PT Nusa The Group has an associate, PT Nusa
Halmahera Mineral (“NHM”), yang memiliki Halmahera Mineral (“NHM”), of which the
mata uang fungsional dalam Dolar AS. functional currency has been US Dollars.
Sedangkan, mata uang fungsional dan Meanwhile, the Group’s functional and
penyajian Grup adalah dalam Rupiah. Grup presentation currency is Rupiah. The Group
sebelumnya tidak pernah melakukan had not previously adjusted its investment in
penyesuaian terhadap investasinya di NHM NHM for the effects of translation adjustments
atas dampak penyesuaian selisih kurs karena arising from the exchange difference in the
penjabaran laporan keuangan yang timbul dari functional currencies between the Group and
perbedaan mata uang fungsional antara Grup NHM. Previous impairment provision related to
dan NHM. Provisi penurunan nilai atas the investment in NHM that was recognised in
investasi di NHM yang diakui di tahun 2013- 2013-2015 was also determined based on the
2015 juga ditentukan berdasarkan nilai unadjusted investments.
investasi yang belum disesuaikan.
Grup telah menetapkan bahwa selisih kurs The Group has determined that the cumulative
karena penjabaran laporan keuangan harus translation adjustments shoud be recorded as
dicatat dalam penerapan akuntansi ekuitas part of the equity accounting of its investment in
atas investasinya di NHM. Provisi penurunan NHM. The related impairment provision should
nilai terkait juga harus dihitung berdasarkan be calculated based on the adjusted amount of
nilai investasi yang telah disesuaikan. Hal ini investment. This also affected the calculation of
juga berdampak pada perhitungan kepemilikan the Group's interest in the results of associate.
Grup atas hasil usaha asosiasi. Dampak yang The impacts are as follows:
timbul adalah sebagai berikut:
- Pada tanggal 1 Januari 2018, selisih kurs - As at 1 January 2018, a credit balance of
karena penjabaran laporan keuangan cumulative translation adjustments of
harus dikreditkan sebesar Rp1,04 triliun di Rp1.04 trillion related to the investment
ekuitas terkait investasi di NHM. should be recognised in the equity. This
Penyesuaian ini akan mengakibatkan would increase accumulated impairment
peningkatan akumulasi rugi penurunan charges by the same amount with the
nilai dengan jumlah yang sama disertai accompanying decrease in the retained
dengan penurunan saldo laba. Nilai bersih earnings. The net amount of the
investasi tidak akan berubah karena investment would stay the same because
penyesuaian ini berdampak pada nilai the impact of this issue would affect the
bruto dari investasi (sebelum penurunan gross amount of the investment (before
nilai) dan akumulasi kerugian penurunan impairment) and the accumulated
nilai pada jumlah yang sama. impairment charges at an equal amount.
- Pada tanggal 31 Desember 2018, selisih - As at 31 December 2018, cumulative

kurs karena penjabaran laporan keuangan translation adjustments of Rp1.14 trillion
sebesar Rp1,14 triliun harus diakui related to the investment should be
sebagai saldo kredit di ekuitas diikuti recognised as a credit to equity. The
dengan peningkatan investasi sebesar corresponding adjustment entries to this
Rp48 miliar dan penurunan saldo laba would be to increase the investment by
sebesar Rp1,1 triliun. Laba bersih tahun Rp48 billion, and decrease retained
berjalan akan meningkat sebesar Rp52 earnings by Rp1.1 trillion. The net income
miliar dan jumlah penghasilan for the year then ended would be higher by
komprehensif akan turun sebesar Rp48 Rp52 billion and the total comprehensive
miliar. income would be lower by Rp48 billion.



ii. Akuntansi ekuitas atas ICA ii. Equity accounting of ICA
Sebelum Desember 2018, ICA adalah ventura Prior to December 2018, ICA was the Group’s
bersama Grup dan oleh karena itu dicatat joint venture and had therefore been accounted
menggunakan metode ekuitas. Pada bulan for using the equity method of accounting. In
Desember 2018, Grup mengakuisisi seluruh December 2018, the Group acquired the entire
saham ICA yang dimiliki oleh venturer lain dan shares of ICA owned by the other venturer and
memperoleh kendali atas ICA (lihat Catatan 5). obtained control over ICA (see Note 5).
Sejak saat itu, ICA telah dikonsolidasikan. Accordingly, ICA has been consolidated since
then.
Sejak pendiriannya di tahun 2007, ICA telah ICA has been having a functional currency that
memiliki mata uang fungsional yang berbeda is different from the Company’s functional
dengan mata uang fungsional Perusahaan. currency since its establishment in 2007. The
Grup sebelumnya tidak pernah melakukan Group had not previously adjusted its
penyesuaian atas investasinya di ICA investment in ICA for the effects of translation
sehubungan dengan selisih kurs karena adjustments arising from the exchange
penjabaran laporan keuangan yang timbul dari difference in the functional currencies between
perbedaan mata uang fungsional antara Grup the Group and ICA, nor had it absorbed its
dan ICA. Grup juga tidak menyerap beban portion of impairment charges recorded by ICA
penurunan nilai yang dicatat oleh ICA pada in 2017 and 2018. The functional currency of
tahun 2017 dan 2018. Oleh karena di masa lalu ICA had been strengthening against the
mata uang fungsional ICA menguat terhadap Group’s functional currency. This had therefore
mata uang fungsional Grup, hal ini menutupi offset the impact of the latter issue on the
dampak dari tidak diserapnya beban carrying amount of investment. However, the
penurunan nilai yang dicatat oleh ICA terhadap cumulative translation adjustments and
nilai tercatat investasi di ICA. Namun, selisih retained earnings were not stated properly
kurs karena penjabaran laporan keuangan dan because of those matters.
laba ditahan tidak dinyatakan dengan sesuai
oleh karena hal-hal yang dijelaskan di atas.
Selain itu, Grup perlu mereklasifikasi selisih Furthermore, after acquiring control over ICA in
kurs karena penjabaran laporan keuangan ke December 2018, the Group would need to
laporan laba rugi konsolidasian tahun 2018 recycle the cumulative translation adjustments
setelah memperoleh pengendalian atas ICA di to the 2018 consolidated statement of profit or
bulan Desember 2018 (lihat Catatan 2e). Hal ini loss (see Note 2e). Such did not happen
tidak terjadi karena tidak ada nilai selisih kurs because there was no balance to recycle in the
karena penjabaran laporan keuangan untuk first place. The gain (see Note 5) arising from
direklasifikasi. Keuntungan yang timbul dari the acquisition was therefore not proper either.
akuisisi ICA juga oleh karenanya tidak sesuai
(lihat Catatan 5).
Dampak utama dari hal-hal di atas adalah The main impacts of the above are as follows:
sebagai berikut:
- Pada tanggal 1 Januari 2018, tambahan - As at 1 January 2018, additional Rp853

sebesar masing-masing Rp853 miliar dan billion and Rp1 billion should be credited to
Rp1 miliar harus dikreditkan ke selisih kurs cumulative translation adjustments in
karena penjabaran laporan keuangan di equity and investment, respectively with a
ekuitas dan investasi dengan corresponding reduction of retained
pengurangan atas laba ditahan sebesar earnings by Rp854 billion.
Rp854 miliar.
- Untuk tahun yang berakhir 31 Desember - During the year ended 31 December 2018,
2018, laba konsolidasian tahun berjalan consolidated profit for year was
dinyatakan lebih rendah sebesar Rp830 understated by Rp830 billion due to lower
miliar karena keuntungan yang timbul dari gain recognised by the Group from the
akuisisi ICA diakui pada nilai yang lebih acquisition of ICA.
rendah dari yang seharusnya diakui.



iii. Kapitalisasi atas pengeluaran tertentu iii. Capitalisation of certain expenditures
Grup telah menetapkan bahwa pada tahun The Group has determined that during 2011-
2011-2015, pengeluaran tertentu sejumlah 2015, certain expenditures totaling to Rp358
Rp358 miliar di FHT tidak dikapitalisasi secara billion in FHT were improperly capitalised and
tepat sebagai aset dalam penyelesaian di carried as construction in progress on the
laporan posisi keuangan konsolidasian. consolidated statement of financial position.
Pengeluaran tersebut seharusnya diakui Such expenditures should be recognised as
sebagai beban di tahun-tahun di mana beban expenses in the years they were incurred. In
tersebut dikeluarkan. Di samping itu, addition, depreciation of certain fixed assets of
penyusutan untuk aset tetap tertentu yang FHT was not accurately calculated in the prior
dimiliki FHT juga tidak dihitung secara akurat di periods.
periode lalu.
iv. Estimasi terkait cadangan logam mulia iv. Estimation of precious metal reserves
Dalam proses estimasi cadangan mineral yang As part of mineral reserves estimation process
dilakukan di tahun 2019, Grup menemukan carried out in 2019, the Group discovered that
bahwa cadangan emas CSD tidak diestimasi gold reserves of CSD had not been properly
secara tepat sesuai dengan ketentuan JORC estimated in accordance with the JORC Code
Code di periode lalu. Cadangan emas tersebut in prior periods. The gold reserves were
disajikan lebih tinggi dari yang seharusnya. overstated. Management has determined the
Manajemen telah menentukan dampak dari hal impacts of this matter on the prior periods'
ini atas perhitungan penyusutan, amortisasi calculations of depreciation, amortisation and
dan penurunan nilai aset tidak lancar, impairment of long-lived assets, recognition of
pengakuan aset pajak tangguhan dan deferred tax assets and calculation of provision
perhitungan atas provisi reklamasi dan tutup for mine reclamation and closure, and post-
tambang beserta kewajiban imbalan employment benefits obligations. All of the
pascakerja. Semua aset yang disebutkan di assets mentioned were overstated while the
atas disajikan lebih tinggi sedangkan liabilitas liabilities were understated.
disajikan lebih rendah.
v. Estimasi terkait kandungan emas pada v. Estimation of gold content in low grade
konsentrat bermutu rendah concentrate
Konsentrat bermutu rendah pada dasarnya Low grade concentrate is essentially a by-
adalah produk sampingan yang dihasilkan dari product produced from the refining process of
proses pemurnian dari material terak. Dalam slag material. As part of the preparation
proses penyusunan laporan keuangan process of the Group's consolidated financial
konsolidasian Grup tanggal 31 Desember statements as at 31 December 2019,
2019, manajemen menemukan bahwa management discovered that gold content in
kandungan emas pada konsentrat bermutu low grade concentrate was not appropriately
rendah tidak diestimasi dengan tepat di tahun estimated in 2017. Accordingly, management
2017. Oleh karena itu, manajemen has determined that an adjustment is required
menetapkan bahwa penyesuaian perlu in 2017 to write off certain low grade
dilakukan di tahun 2017 untuk menghapus concentrate that resulted from improper
saldo tertentu dari konsentrat bermutu rendah estimation of gold content in low grade
yang berasal dari proses estimasi yang tidak concentrate. In addition, management has also
tepat tersebut. Selain itu, manajemen juga determined that provision for loss is required in
telah menetapkan bahwa provisi penurunan order to measure low grade concentrate at its
nilai dibutuhkan untuk mengukur konsentrat net realisable value since the Group is currently
bermutu rendah yang tersisa pada nilai unable to sell low grade concentrate due to
realisasi bersihnya karena Grup saat ini tidak export prohibition imposed by the Government
dapat menjual konsentrat bermutu rendah since January 2017.
tersebut dengan adanya larangan ekspor yang
ditetapkan Pemerintah sejak Januari 2017.



vi. Provisi atas pengelolaan dan reklamasi vi. Provision for environmental and reclamation
lingkungan hidup costs
Provisi atas pengelolaan dan reklamasi Provision for environmental and reclamation
lingkungan hidup tidak dihitung secara akurat costs of the Group was not accurately
oleh Grup di periode lalu. Saldo provisi ini calculated in the prior periods. The balance of
disajikan lebih rendah dari seharusnya this provision was understated primarily due to
terutama karena data lahan terganggu yang incomplete land disturbance data used in the
digunakan dalam perhitungan provisi tidak calculation of provision.
lengkap.
vii. Akuntansi atas pajak dibayar di muka dan vii. Accounting for certain prepaid tax and tax
utang pajak tertentu payables
Grup telah menetapkan bahwa beberapa Surat The Group has determined that various Tax
Tagihan Pajak (“STP”) dan Surat Ketetapan Collection Notices ("STPs") and Tax
Pajak Kurang Bayar (“SKPKB”) yang diterima Underpayment Assessment Letters
dari kantor pajak terkait PPN dan pajak ("SKPKBs") received from the tax office in
penghasilan dicatat secara tidak tepat sebagai relation with VAT and witholding taxes were
penambahan pajak dibayar di muka atau erroneously recorded as either additions of
sebagai pengurang utang pajak di tahun 2018. Prepaid VAT or deductions of tax payables in
STP dan SKPKB tersebut seharusnya dicatat 2018. Those STPs and SKPKBs should have
sebagai beban pajak di tahun 2018. Di samping been recorded as tax expenses in 2018. In
itu, terdapat juga PPN yang tidak dapat addition, there was also uncreditable VAT
dikreditkan yang dicatat oleh Grup sebagai recorded as Prepaid VAT by the Group in 2018
PPN dibayar di muka di tahun 2018 yang instead of being charged to profit or loss.
seharusnya dibebankan pada laba rugi.
viii. Penurunan nilai aset tidak lancar lainnya viii. Impairment of other long-lived assets
Aset tidak lancar tertentu yang dimiliki Grup Certain long-lived assets of the Group such as
seperti uang muka kerja karyawan yang sudah long outstanding advances to employees,
lama tidak ada pertanggungjawabannya, aset deferred tax assets and capitalised feasibility
pajak tangguhan tertentu dan biaya studi study costs should have been either impaired
kelayakan yang dikapitalisasi seharusnya or derecognised in prior periods.
sudah diturunkan nilainya atau dihentikan
pengakuannya di periode lalu.
ix. Penyesuaian lainnya ix. Other items
Penyesuaian lainnya merupakan penyesuaian- Other adjustments represent individually

penyesuaian yang secara individual tidak insignificant adjustments to correct errors as a
signifikan nilainya untuk mengoreksi kesalahan result of inaccurate calculation of depreciation
pencatatan yang timbul dari perhitungan expense of property, plant and equipment,
penyusutan aset tetap yang tidak akurat, impairment of certain intangible assets and
penurunan nilai dari aset takberwujud tertentu other issues.
dan beberapa permasalahan lainnya.
Reklasifikasi Reclassifications
Akun-akun tertentu direklasifikasi untuk Certain accounts were reclassified to conform with
menyesuaikan dengan penyajian di tahun 2019. the 2019 presentation. These reclassifications did
Reklasifikasi ini tidak mempengaruhi nilai laba not affect the net profit in the years presented.
bersih yang disajikan pada tahun-tahun yang Significant items of reclassifications are described
disajikan. Di bawah ini adalah penjelasan untuk below.
item-item reklasifikasi yang signifikan.



Reklasifikasi (lanjutan) Reclassifications (continued)
a. Reklasifikasi akun-akun tertentu dari beban a. Reclassification of certain accounts from Cost
pokok penjualan (“HPP”) ke beban usaha of Good Sold ("COGS") to operating expenses
Di tahun 2019, Grup melakukan reviu atas In 2019, the Group undertook a review of the
klasifikasi dan alokasi dari HPP dan beban classification and allocation of COGS and
usaha berdasarkan pusat biaya dari setiap unit operating expenses based on the cost centers
bisnis pada Perusahaan. Berdasarkan reviu ini, of each business unit within the Company.
akun HPP dan beban usaha tertentu Based on this review, certain COGS and
direklasifikasi untuk merefleksikan secara lebih operating expenses accounts have been
tepat beban berdasarkan sifatnya. Saldo reclassified to more properly reflect their nature.
komparatif terkait di laporan laba rugi The related comparative figures in the
konsolidasian Grup untuk tahun yang berakhir consolidated statement of profit or loss of the
31 Desember 2018 telah direklasifikasi untuk Group for the year ended 31 December 2018
menyesuaikan dengan penyajian di tahun have been reclassified to conform to the 2019
2019. presentation.
b. Reklasifikasi selisih kurs yang berasal dari b. Reclassification of exchange differences

pinjaman dalam mata uang asing arising from foreign currency loans
Selisih kurs yang berasal dari pinjaman dalam Exchange differences arising from foreign
mata uang asing direklasifikasi dari currency loans are reclassified from “other
“(beban)/penghasilan lain-lain, bersih” ke (expenses)/income, net” to “finance costs”, as
“beban keuangan” untuk memenuhi ketentuan required by OJK Regulation No. VIII.G.7.
penyajian yang dipersyaratkan oleh Peraturan
OJK No. VIII.G.7.
c. Reklasifikasi akun pajak dibayar di muka c. Reclassification of certain prepaid taxes from
tertentu dari aset lancar ke aset tidak lancar current assets to non-current assets
Pajak dibayar di muka tertentu Grup yang Certain prepaid taxes of the Group which are in
sedang dalam proses restitusi dan/atau the refund and/or dispute process with the tax
sengketa dengan kantor pajak telah office have been reclassified from current
direklasifikasi dari aset lancar ke aset tidak assets to non-current assets. The Group
lancar. Grup memperkirakan bahwa expects that it would take more than one year
dibutuhkan waktu lebih dari satu tahun untuk to receive the cash from the tax refund and/or
memperoleh kas yang akan diterima dari resolution of the tax disputes.
restitusi pajak dan/atau penyelesaian sengketa
pajak tersebut.
d. Reklasifikasi saldo laba d. Reclassification of retained earnings
Saldo laba yang telah ditentukan Appropriated retained earnings have been
penggunaannya direklasifikasi ke saldo laba reclassified to unappropriated retained
yang belum ditentukan penggunaannya earnings due to improper appropriations of
sehubungan dengan pencadangan saldo laba retained earnings made in the prior periods.
yang tidak tepat di periode lalu. Jumlah saldo The amount of appropriated retained earnings
laba yang telah ditentukan penggunaannya should only represent the amount of statutory
seharusnya hanya sebesar cadangan wajib reserves required under Indonesian Limited
berdasarkan Undang-Undang Perseroan Liability Company Law amounting to 20% of the
Terbatas yaitu sebesar 20% dari jumlah modal Company’s issued and fully paid-up capital.
ditempatkan dan disetor penuh Perusahaan.



Reklasifikasi (lanjutan) Reclassifications (continued)
e. Reklasifikasi lainnya e. Other reclassifications
Reklasifikasi lainnya merupakan penyesuaian Other reclassifications represent significant

reklasifikasi signifikan lainnya untuk reclassification adjustments made to separately
menyajikan secara terpisah pos-pos yang present material items in the consolidated
material untuk memenuhi ketentuan penyajian financial statements, as required by OJK
yang dipersyaratkan oleh Peraturan OJK No. Regulation No. VIII.G.7 and reclassification of
VIII.G.7 dan reklasifikasi atas aset eksplorasi certain exploration and evaluation assets which
dan evaluasi tertentu yang salah disajikan was mistakenly presented as mining properties
sebagai properti pertambangan di laporan in the prior period consolidated statement of
posisi keuangan konsolidasian periode lalu. financial position.
Ringkasan atas dampak signifikan penyajian A summary of the significant effects of the
kembali dan reklasifikasi atas laporan posisi restatements and reclassifications on the Group’s
keuangan konsolidasian Grup disajikan pada tabel consolidated statement of financial position is set
di bawah: forth in the table below:
31 Desember/December 2018 1 Januari/January 2018
Disajikan Disajikan
Dilaporkan kembali dan Dilaporkan kembali dan
sebelumnya/ direklasifikasi/ sebelumnya/ direklasifikasi/
As previously As restated As previously As restated
reported and reclassified reported and reclassified
Aset lancar Current assets

Piutang usaha - pihak ketiga 922,789,874 942,679,777 Trade receivables - third parties
Persediaan 2,027,731,541 1,845,550,076 1,257,785,082 1,098,989,911 Inventories
Pajak dibayar di muka - Prepaid taxes - other
pajak lain-lain 1,083,998,624 105,656,757 504,991,958 - taxes
Aset lancar lainnya 88,507,975 72,739,747 Other current assets
Aset tidak lancar Non-current assets

Investasi pada entitas asosiasi 1,097,162,918 1,145,222,461 Investment in associates
Investasi pada ventura bersama 835,350,024 833,894,233 Investment in a joint venture
Aset tetap 20,128,155,732 19,489,671,241 14,092,994,799 13,298,244,726 Property, plant and equipment
Properti pertambangan 868,955,970 710,054,517 933,832,021 763,471,320 Mining properties
Aset eksplorasi Exploration and
dan evaluasi 670,169,961 693,646,392 665,322,451 694,602,881 evaluation assets
Biaya tangguhan 100,095,911 - 25,463,937 - Deferred charges
Aset takberwujud, bersih - 50,860,511 - 25,463,937 Intangible assets, net
Pajak dibayar di muka - Prepaid taxes - other
pajak lain-lain - 1,031,735,593 - 504,991,958 taxes
Pajak dibayar di muka - pajak Prepaid taxes - corporate
penghasilan badan 507,008,558 401,351,801 income tax
Aset pajak tangguhan 220,095,687 140,868,263 306,609,010 213,456,583 Deferred tax assets
Aset tidak lancar lainnya 546,753,996 520,349,649 280,585,860 254,181,512 Other non-current assets
Liabilitas jangka pendek Current liabilities

Utang usaha - pihak ketiga 429,241,388 403,931,604 327,219,276 244,818,853 Trade payables - third parties
Utang usaha - pihak berelasi 728,749,573 463,814,512 479,165,925 80,060,002 Trade payables - related parties
Beban akrual 756,944,297 784,615,861 388,295,108 380,307,068 Accrued expenses
Utang pajak - pajak lain-lain 115,414,183 146,082,982 Taxes payable - other taxes
Provisi atas pengelolaan dan Provision for environmental and
reklamasi lingkungan hidup, lancar 25,909,091 25,166,415 17,508,398 21,650,895 reclamation costs, current
Utang lain-lain 435,253,992 718,088,480 59,654,341 541,160,687 Other payables
Liabilitas jangka panjang Non-current liabilities

Provisi atas pengelolaan dan reklamasi Provision for environmental and
lingkungan hidup, tidak lancar 277,340,285 406,977,425 258,351,652 373,844,066 reclamation costs, non-current
Ekuitas Equity
laporan keuangan 54,944,998 1,220,023,709 56,100,179 1,949,581,120 currency translation
Surplus revaluasi aset 2,755,178,114 2,742,029,584 2,330,655,281 2,313,098,229 Assets revaluation surplus
Saldo laba - yang telah Retained earnings -
ditentukan penggunaannya 9,113,209,777 480,615,295 11,613,209,777 480,615,295 appropriated
Saldo laba - yang belum Retained earnings -
ditentukan penggunaannya 1,477,969,267 7,667,769,136 (1,847,488,724) 6,081,896,917 unappropriated



Ringkasan atas dampak signifikan penyajian A summary of the significant effects of the
kembali dan reklasifikasi atas laporan penghasilan restatements and reclassifications on the Group’s
komprehensif konsolidasian Grup disajikan pada consolidated statements of comprehensive income
tabel di bawah: is set forth in the table below:
2018
Disajikan
Dilaporkan kembali dan
sebelumnya/ direklasifikasi/
As previously As restated
reported and reclassified
Penjualan 25,241,268,367 25,275,245,970 Sales

Beban pokok penjualan (21,764,832,184) (20,613,271,101) Cost of goods sold
Beban umum dan administrasi (1,091,989,469) (1,786,727,942) General and administrative expenses
Beban penjualan dan pemasaran (531,717,863) (1,319,090,151) Selling and marketing expenses
Bagian kerugian entitas asosiasi Share of loss of associates and
dan ventura bersama (520,228,547) (1,260,023,189) joint venture
Pendapatan keuangan 163,547,193 260,845,591 Finance income
Beban keuangan (554,331,857) (1,130,486,598) Finance costs
Keuntungan dari akuisisi 541,021,164 2,226,369,407 Gain on acquisition
(Kerugian)/keuntungan selisih kurs (251,889,369) 276,087,821 Foreign exchange (losses)/gains, net
Penghasilan lain-lain, bersih 323,786,166 84,202,993 Other income, net
Beban pajak penghasilan (391,075,213) (377,150,210) Income tax expense
Kenaikan nilai tanah dari revaluasi 424,522,833 428,931,355 Increase on land from revaluation
Bagian penghasilan komprehensif lain Share of other comprehensive
dari entitas asosiasi dan ventura income of associates
bersama - pengukuran kembali and joint venture -
kewajiban pensiun remeasurement of pension and
dan pascakerja lainnya 2,717,385 1,555,615 other post-employment obligation
Reklasifikasi atas selisih kurs karena Recycling of cumulative
penjabaran laporan keuangan - (888,629,119) translation adjustment
laporan keuangan (1,155,181) 159,071,708 Translation adjustments
5. KOMBINASI BISNIS - AKUISISI ICA 5. BUSINESS COMBINATION - ICA ACQUISITION
Pada tanggal 29 Mei 2018, Perusahaan On 29 May 2018, the Company entered into a
menandatangani Perjanjian Jual Beli Saham Conditional Share Purchase Agreement (“CSPA”)
Bersyarat (“CSPA”) dengan Showa Denko K.K. with Showa Denko K.K. (“SDK”) to purchase all the
(“SDK”) untuk membeli seluruh kepemilikan saham share ownership of SDK in ICA, subject to
SDK di ICA, dengan persyaratan didapatkannya approvals of the shareholders of both parties, the
persetujuan dari masing-masing pemegang saham, Ministry of Energy and Mineral Resources
Kementerian Energi dan Sumber Daya Mineral (“MoEMR”), the Ministry of Law and Human Rights,
(“ESDM”), Kementerian Hukum dan Hak Asasi the Capital Investment Coordinating Board and
Manusia, Badan Koordinasi Penanaman Modal dan ICA’s lenders. The agreed terms included:
pemberi pinjaman kepada ICA (kreditur ICA).
Ketentuan yang disepakati meliputi:
- Transfer hak paten milik SDK atas proses - Transfers of SDK’s patent rights of its
produksi dan produk tertentu ke ICA, production processes and certain products to
ICA,
- Konversi utang menjadi ekuitas dari utang ICA - Debt-to-equity conversion of ICA’s debts to
ke SDK sebesar AS$91.367.000, dan SDK amounting to US$91,367,000, and
- Pengakhiran berbagai perjanjian terkait dengan - Termination of various agreements related to
ventura bersama, penjualan produk, perjanjian joint venture, sale of products, offtake
offtake, merek dagang, bantuan dan dukungan arrangement, trademark, technical assistance
teknis. and support.


5. KOMBINASI BISNIS - AKUISISI ICA (lanjutan) 5. BUSINESS COMBINATION - ICA ACQUISITION

(continued)
Pada tanggal 28 Desember 2018, seluruh On 28 December 2018, the Conditions Precedent
Conditions Precedent telah terpenuhi. Sejak saat were all satisfied. The Group has effectively owned
itu, Grup secara efektif memiliki 100% kepemilikan 100% of ICA since then and therefore has been in
di ICA dan oleh karenanya memiliki pengendalian control of the entity.
atas ICA.
Rincian aset bersih yang diperoleh dari saham SDK Details of the net assets acquired on the shares of
di ICA adalah sebagai berikut: SDK in ICA are as follows:
28 Desember/
December 2018*
Imbalan pembelian - kas yang dibayarkan 14 Purchase consideration - cash paid
Nilai wajar kepemilikan ekuitas di ICA Fair value of the Group’s equity interest
yang telah dimiliki sebelum kombinasi bisnis (17,177,354) in ICA held before the business combination
(17,177,340)
Jumlah yang diakui atas aset teridentifikasi Recognised amounts of identifiable assets
yang diperoleh dan liabilitas yang diambil alih acquired and liabilities assumed
Kas dan setara kas 284,520,948 Cash and cash equivalents
Piutang usaha 51,645,881 Trade receivables
Persediaan 235,166,706 Inventories
Aset tetap, bersih 4,244,642,525 Property, plant and equipment, net
Aset lain-lain 136,943,990 Other assets
Utang usaha (478,753,126) Trade payables
Utang bank (921,164,344) Bank loans
Utang lain-lain (2,247,110,791) Other liabilities
Jumlah aset teridentifikasi neto 1,305,891,789 Total identifiable net assets
Keuntungan dari pembelian dengan diskon (1,323,069,129) Bargain purchase gain
(17,177,340)
Biaya yang terkait dengan akuisisi (termasuk Acquisition-related costs (included in general
di dalam beban umum dan administrasi pada and administrative expenses in the
laporan laba rugi konsolidasian tahun 2018) 30,028,420 2018 consolidated profit or loss)
Tabel berikut ini merupakan rekonsiliasi arus kas The following table is the reconciliation of cash flow
yang dibayarkan dan diperoleh dalam kombinasi payment to and received from the business
bisnis. combination.
28 Desember/
December 2018
Imbalan kas yang dibayar 14 Cash consideration

Saldo kas yang diperoleh (284,520,948) Balance of cash acquired
Arus kas masuk - aktivitas investasi (284,520,934) Cash inflow - investing activities


5. KOMBINASI BISNIS - AKUISISI ICA (lanjutan) 5. BUSINESS COMBINATION - ICA ACQUISITION

(continued)
Penilaian estimasi nilai wajar dari kepentingan The fair value of the Group’s previously held equity
ekuitas yang sebelumnya dimiliki Grup dan aset interest and the identiable net assets was estimated
bersih teridentifikasi dilakukan dengan by applying an income approach. The Group
menggunakan pendekatan pendapatan. Grup engaged Kantor Jasa Penilai Publik (“KJPP”) Ruky,
menugaskan Kantor Jasa Penilai Publik (“KJPP”) Safrudin dan Rekan, an independent appraiser
Ruky, Safrudin dan Rekan, penilai independen yang registered with OJK, to perform the valuation. The
terdaftar di OJK, untuk melakukan penilaian fair value measurements were based on significant
tersebut. Pengukuran nilai wajar didasarkan pada inputs that were not observable in the market and
input signifikan yang tidak dapat diamati di pasar thus represent a fair value measurement
dan dengan demikian merupakan pengukuran nilai categorised within level 3 of the fair value hierarchy.
wajar yang dikategorikan sebagai level 3 dari hirarki Key assumptions include the following:
nilai wajar. Asumsi utama yang digunakan dalam
penilaian adalah sebagai berikut:
Periode arus kas 2019-2044 Cash flow period

Volume produksi/tahun 105,000 ton - 200,000 ton Production volume/year
Harga jual/ton US$504 - US$1,224 Sales price/ton
Tingkat diskonto 9.86% Discount rate
Dari akuisisi ini, Grup mengakui jumlah laba As the result of this acquisition, the Group
sebesar Rp2.226.369.407 pada laporan laba rugi recognised a total gain of Rp 2,226,369,407 in the
konsolidasian tahun 2018, yang terdiri dari: 2018 consolidated profit or loss, which consisted of
the following:
28 Desember/
December 2018*
Keuntungan dari pembelian dengan diskon 1,323,069,129 Bargain purchase gain

Reklasifikasi atas selisih kurs karena penjabaran Recycling of cumulative translation
laporan keuangan 888,629,119 adjustments
Keuntungan dari hasil pengukuran kembali Gain from remeasuring
kepentingan yang sebelumnya dimiliki di ICA 14,671,159 previously held interest in ICA
Keuntungan dari akuisisi 2,226,369,407 Gain on acquisition
Jika ICA dikonsolidasi sejak 1 Januari 2018, maka Had ICA been consolidated from 1 January 2018,
laporan laba rugi konsolidasian untuk tahun yang the restated consolidated profit loss for the year
berakhir 31 Desember 2018 yang disajikan kembali ended 31 December 2018 would show revenue of
akan menunjukkan penjualan sebesar Rp25,329,000,358 and profit before tax of
Rp25.329.000.358 dan laba sebelum pajak sebesar Rp1,993,579,389.
Rp1.993.579.389.


6. KAS DAN SETARA KAS 6. CASH AND CASH EQUIVALENTS

Kas 470,355 532,382 Cash on hand

Kas di bank 2,111,745,757 2,549,266,726 Cash in banks
Deposito berjangka 1,524,026,968 1,749,268,977 Time deposits
Jumlah 3,636,243,080 4,299,068,085 Total
Kas Cash on hand

Rupiah 433,960 461,052 Rupiah
Lain-lain 36,395 71,330 Others
470,355 532,382
Kas di bank Cash in banks
Entitas berelasi dengan
Pemerintah (Catatan 32): Government-related entities (Note 32):
Rupiah 913,688,637 1,224,027,257 Rupiah
Dolar AS 1,063,599,546 1,070,237,852 US Dollar
1,977,575,732 2,294,392,606
Pihak ketiga: Third parties:

Rupiah Rupiah
PT Bank Permata Tbk (“Permata”) 28,368,137 32,479,161 PT Bank Permata Tbk (“Permata”)
PT Bank Central Asia Tbk (“BCA”) 25,891,350 130,479,013 PT Bank Central Asia Tbk (“BCA”)
PT Bank Mizuho Indonesia (“BMI”) 17,741,915 23,179 PT Bank Mizuho Indonesia (“BMI”)
Lain-lain 1,971,289 3,043,549 Others
73,972,691 166,024,902
Dolar AS US Dollar
ICBC Standard Bank PLC. 48,336,989 48,238,813 ICBC Standard Bank PLC.
Mizuho Bank, Ltd. (“Mizuho”) 11,104,737 3,060,643 Mizuho Bank, Ltd. (“Mizuho”)
PT Bank Danamon Indonesia Tbk - 18,382,257 PT Bank Danamon Indonesia Tbk
Citibank N.A. - 11,721,299 Citibank N.A.
59,500,463 81,464,273
Lain-lain 696,871 7,384,945 Others
2,111,745,757 2,549,266,726
Deposito berjangka Time deposits

Rupiah 1,246,006,768 1,749,268,977 Rupiah
Dolar AS 278,020,200 - US Dollar
1,524,026,968 1,749,268,977
Jumlah 3,636,243,080 4,299,068,085 Total
Pada tanggal 31 Desember 2019 dan 2018, kas di As at 31 December 2019 and 2018, cash in banks
bank di BMI dan Mizuho dijaminkan atas pinjaman in BMI and Mizuho are pledged as collaterals to
investasi ICA kepada Japan Bank for International ICA’s investment loan to Japan Bank for
Cooperation (“JBIC”), Mizuho and Sumitomo Mitsui International Cooperation (“JBIC”), Mizuho and
Trust Bank Ltd. (“Sumitomo”) (Catatan 21c). Sumitomo Mitsui Trust Bank Ltd. (“Sumitomo”)
(Note 21c).


6. KAS DAN SETARA KAS (lanjutan) 6. CASH AND CASH EQUIVALENTS (continued)
Kisaran tingkat suku bunga deposito berjangka The range of interest rates on time deposits is as
adalah sebagai berikut: follows:
2019 2018
Rupiah 4.06% - 8.00% 3.50% - 7.65% Rupiah

Dolar AS 2.00% - 3.00% 1.40% - 2.50% US Dollar
Tingkat suku bunga yang diperoleh dari The interest rates on cash in bank and time
penempatan kas di bank dan deposito berjangka deposits with Government-related entities are
pada entitas berelasi dengan Pemerintah comparable to those offered by third parties.
sebanding dengan tingkat bunga yang diperoleh
dari pihak ketiga.
7. PIUTANG USAHA 7. TRADE RECEIVABLES

December December January
2019 2018* 2018

Dolar AS US Dollar
Hongkong Junren International Hongkong Junren International
Trading Co.,Ltd 261,418,208 - - Trading Co.,Ltd
Singapore Zhemei PTE 130,934,420 - - Singapore Zhemei PTE
Ocean Energy Nickel Ocean Energy Nickel
International 115,145,694 - - International
Raznoimport Nickel Ltd. 115,109,077 - 40,132,877 Raznoimport Nickel Ltd.
Jindal Stainless Limited 54,617,693 48,593,773 83,963,533 Jindal Stainless Limited
Golden Harbour International PTE 54,001,254 56,076,844 - Golden Harbour International PTE
Trafigura Pte. Ltd. 36,969,411 61,682,621 - Trafigura Pte. Ltd.
Spring Treasure Global Ltd. 36,883,169 18,017,950 - Spring Treasure Global Ltd.
Vanhui Resources (HK) Co. Ltd 32,385,987 2,972,482 - Vanhui Resources (HK) Co. Ltd
Cronimet Ferroleg GmbH 24,637,490 51,305,942 - Cronimet Ferroleg GmbH
PT Indonesia Tsingshan PT Indonesia Tsingshan
Stainless Steel 9,054,420 41,332,646 - Stainless Steel
Yieh United Steel Corp. 2,876,967 7,999,993 68,722,809 Yieh United Steel Corp.
CNMC International Trade., Ltd. - 171,564,339 - CNMC International Trade., Ltd.
Tisco Trading Ltd. - - 317,689,188 Tisco Trading Ltd.
Pohang Iron & Steel Co. - 100,262,737 107,494,163 Pohang Iron & Steel Co.
Guang Ching Nickel &
Guang Ching Nickel & Stainless St. - 75,259,058 - Stainless St.
Yuyao Hualun Yuyao Hualun
Import & Export Co., Ltd. - - 50,031,274 Import & Export Co., Ltd.
Fujian Newmark Industrial
Fujian Newmark Industrial Co. Ltd. - - 47,658,543 Co. Ltd.
Binzhou Sheng Chao Binzhou Sheng Chao
Trading Co., Ltd. - - 34,215,689 Trading Co., Ltd.
SeAH CSS Corp. - - 33,779,316 SeAH CSS Corp.
Sinosteel Resources Co., Ltd. - - 33,126,486 Sinosteel Resources Co., Ltd.
Dexin Development (H.K.) Ltd. - - 30,839,315 Dexin Development (H.K.) Ltd.
Lain-lain (masing-masing Others (each below
dibawah Rp30.000.000) 114,005,786 183,164,709 104,962,679 Rp30,000,000)
988,039,576 818,233,094 952,615,872


7. PIUTANG USAHA (lanjutan) 7. TRADE RECEIVABLES (continued)

2019 2018* 2018
Rupiah Rupiah
dibawah Rp30.000.000) 89,256,123 169,416,304 61,389,347 Rp30,000,000)
1,077,295,699 987,649,398 1,014,005,219
Provisi atas penurunan nilai - Provision for impairment -

pihak ketiga (103,864,974) (44,969,621) (44,969,621) third parties
Piutang usaha - pihak ketiga, Trade receivables -

bersih 973,430,725 942,679,777 969,035,598 third parties, net
Pihak berelasi (Catatan 32): Related parties (Note 32):

Rupiah 28,903,989 1,105,746 1,555,482 Rupiah
Dolar AS - - 577,076 US Dollars
Trade receivables - related

Piutang usaha - pihak berelasi 28,903,989 1,105,746 2,132,558 parties
Piutang usaha, bersih 1,002,334,714 943,785,523 971,168,156 Trade receivables, net
Umur piutang usaha adalah sebagai berikut: The aging of trade receivables is as follows:

2019 2018* 2018
Lancar 920,446,406 823,318,504 901,770,557 Current

Jatuh tempo: Overdue:
1 sampai 30 hari 60,597,329 50,501,351 39,480,415 1 to 30 days
31 sampai 90 hari 15,591,077 19,470,246 24,426,735 31 to 90 days
Lebih dari 90 hari 109,564,876 95,465,043 50,460,070 Over 90 days
1,106,199,688 988,755,144 1,016,137,777
Provisi atas penurunan nilai Provision for impairment

- pihak ketiga (103,864,974) (44,969,621) (44,969,621) - third parties
Piutang usaha, bersih 1,002,334,714 943,785,523 971,168,156 Trade receivables, net
Pada tanggal 31 Desember 2019, piutang usaha As at 31 December 2019 and 2018, trade
ICA sebesar AS$4.706.791 (setara Rp65.429.102) receivables of ICA amounted US$4,706,791
dijaminkan atas pinjaman investasi kepada JBIC, (equivalent to Rp65,429,102) are pledged as
Mizuho dan Sumitomo (Catatan 21c). collaterals to investment loan from JBIC, Mizuho
and Sumitomo (Note 21c).
Pada tanggal 31 Desember 2019, piutang usaha As at 31 December 2019, trade receivables of
sebesar Rp81.888.308 (2018: Rp120.467.019) Rp81,888,308 (2018: Rp120,467,019) were past
telah jatuh tempo namun tidak mengalami due but not impaired. These relate to a number of
penurunan nilai. Piutang tersebut berasal dari independent customers for whom there was no
sejumlah pelanggan yang tidak memiliki sejarah recent history of default.
gagal bayar.
Pada tanggal 31 Desember 2019 dan 2018, piutang As at 31 December 2019 and 2018, trade
usaha masing-masing sebesar Rp103.864.974 dan receivables of Rp103,864,974 and Rp44,969,621,
Rp44.969.621 telah jatuh tempo dan mengalami respectively, were past due and impaired.
penurunan nilai.


7. PIUTANG USAHA (lanjutan) 7. TRADE RECEIVABLES (continued)
Piutang usaha merupakan piutang tanpa bunga. Trade receivables are non-interest bearing. Due to
Karena jatuh temponya yang pendek, jumlah the short-term nature of trade receivables, their
tercatat piutang usaha kurang lebih sama dengan carrying amounts approximate their fair values.
nilai wajarnya.
Berdasarkan penelaahan terhadap status piutang Based on the review of the status of the individual
usaha masing-masing pelanggan pada tanggal trade receivable accounts at the reporting date,
pelaporan, manajemen berkeyakinan bahwa provisi management believes that the provision for
atas penurunan nilai telah memadai untuk menutup impairment is sufficient to cover losses from the
kerugian atas tidak tertagihnya piutang usaha. uncollectible trade receivables.
Mutasi provisi atas penurunan nilai piutang usaha The movement of provision for impairment of third
pihak ketiga adalah sebagai berikut: parties trade receivables is as follows:
2019 2018
Saldo awal 44,969,621 44,969,621 Beginning balance

Penambahan 59,431,471 - Additions
Pemulihan (536,118) - Recovery
Saldo akhir 103,864,974 44,969,621 Ending balance
8. PERSEDIAAN 8. INVENTORIES

2019 2018* 2018*
Persediaan produk: Product inventories:

Emas dan perak 1,001,684,084 817,940,423 552,053,466 Gold and silver
Alumina 272,926,794 91,848,937 - Alumina
Feronikel 53,289,526 111,294,639 26,903,731 Ferronickel
Bijih bauksit 10,967,476 71,614,799 44,978,028 Bauxite ore
Bijih nikel 10,064,160 274,747,468 149,688,250 Nickel ore
Logam mulia lainnya 9,876,678 5,310,524 6,699,718 Other precious metals
Batubara 4,801,774 4,801,771 5,592,819 Coal
1,363,610,492 1,377,558,561 785,916,012
Bahan baku 332,595,652 114,042,149 57,167,047 Raw materials

Suku cadang dan bahan pembantu 284,429,711 337,498,674 245,282,093 Spare parts and supplies
Barang dalam proses 38,480,900 106,272,733 43,975,328 Work-in-process
655,506,263 557,813,556 346,424,468
Provisi atas penurunan nilai Provision for impairment of

persediaan (222,815,314) (89,822,041) (33,350,569) inventories
Persediaan, bersih 1,796,301,441 1,845,550,076 1,098,989,911 Inventories, net
Saldo persediaan emas dan perak yang disajikan Gold and silver inventory balances presented in the
pada laporan posisi keuangan konsolidasian hanya consolidated statement of financial position only
mencakup saldo persediaan emas dan perak yang cover gold and silver inventories owned by the
dimiliki oleh Grup dan tidak termasuk saldo Group and do not include gold and silver
persediaan emas dan perak yang dimiliki pihak inventories owned by the third parties such as
ketiga seperti persediaan milik pemegang Kontrak inventories owned by the Contract of Works
Karya, pelanggan program BRANKAS Logam Mulia (“CoWs”) holders, customers under Logam Mulia
dan pelanggan pihak ketiga lainnya. BRANKAS programme and other third party
customers.


8. PERSEDIAAN (lanjutan) 8. INVENTORIES (continued)
Pada tanggal 31 Desember 2019, persediaan As at 31 December 2019, inventories of gold, silver,
emas, perak, suku cadang dan bahan pembantu spare parts and supplies were insured against the
telah diasuransikan terhadap risiko kerugian risk of physical damage and theft under blanket
akibat kerusakan fisik dan pencurian dengan nilai policies with a total insurance coverage of
pertanggungan keseluruhan sebesar US$96,190,305, or equivalent to Rp1,337,141,430
AS$96.190.305 atau setara dengan (2018: Rp1,392,931,807). Management believes
Rp1.337.141.430 (2018: Rp1.392.931.807). that the insurance coverage is adequate to cover
Manajemen berkeyakinan bahwa nilai possible losses arising from such risks.
pertanggungan asuransi telah cukup untuk menutup
kemungkinan kerugian yang timbul atas risiko
tersebut.
Mutasi dari provisi atas penurunan nilai persediaan Movement of provision for impairment of
adalah sebagai berikut: inventories is as follows:
2019 2018*

Penambahan 145,207,453 56,471,472 Additions
Pemulihan (12,214,180) - Recovery
9. PIUTANG LAIN-LAIN 9. OTHER RECEIVABLES

2019 2018
Piutang dari PT Bumi Resources Receivables from PT Bumi Resources

Mineral Tbk (“BRM”) 466,123,631 455,070,658 Mineral Tbk (“BRM”)
Piutang dari PT Meratus Jaya Receivables from PT Meratus Jaya
Iron & Steel (“MJIS”) 54,793,125 54,793,125 Iron & Steel (“MJIS”)
Piutang dari Dexin Development Receivables from Dexin Development
(H.K.) Ltd. (“Dexin”) 30,839,315 33,136,542 (H.K.) Ltd. (“Dexin”)
Piutang karyawan 8,714,553 5,169,949 Employee receivables
Lain-lain 24,314,424 31,402,747 Others
584,785,048 579,573,021
Provisi atas penurunan nilai (156,618,861) (73,488,335) Provision for impairment
Jumlah piutang lain-lain, bersih 428,166,187 506,084,686 Total other receivables, net
Dikurangi bagian lancar (428,166,187) (51,014,028) Less current portion
Bagian tidak lancar - 455,070,658 Non-current portion
Piutang dari BRM timbul dari penjualan 20% Receivable from BRM was related to the
kepemilikan saham Perusahaan di PT Dairi Prima Company’s sale of its 20% shares in PT Dairi Prima
Mineral pada tanggal 29 Desember 2017. Saldo Mineral on 29 December 2017. The amount
yang terutang dari BRM pada tanggal due from BRM as at 31 December 2019
31 Desember 2019 dan 2018 adalah masing- and 2018 was US$35,309,536, and have
masing sebesar AS$35.309.536, yang been recorded at its discounted amount of
dicatat pada nilai terdiskontokannya, masing- US$33,531,638 (Rp466,123,631) and
masing sebesar AS$33.531.638 (Rp466.123.631) US$31,425,361 (Rp455,070,656), respectively,
dan AS$31.425.361 (Rp455.070.656), sebelum before impairment provision.
provisi penurunan nilai.


9. PIUTANG LAIN-LAIN (lanjutan) 9. OTHER RECEIVABLES (continued)
Mutasi provisi atas penurunan nilai piutang lain-lain Movement of provision for impairment of other
adalah sebagai berikut: receivables is as follows:
2019 2018

Penambahan 86,135,020 56,668,778 Additions
Pemulihan (3,004,494) - Recovery
Penyisihan piutang ragu-ragu terkait piutang lain- The provision for doubtful accounts related to other
lain ditentukan berdasarkan penilaian individual receivables was mainly determined based on the
atas arus kas masa depan dari piutang tersebut. individual assessments of their expected future
cash flows.
10. KAS YANG DIBATASI PENGGUNAANNYA 10. RESTRICTED CASH
2019 2018

PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk (“BRI”) 94,365,954 88,889,174 (Persero) Tbk (“BRI”)
Lain-lain 22,859,164 16,678,965 Others
117,225,118 105,568,139
Pihak ketiga: Third party:
Bank Perkreditan Rakyat Bestari - 2,787,730 Bank Perkreditan Rakyat Bestari
Jumlah 117,225,118 108,355,869 Total
Kas yang dibatasi penggunaannya terutama Restricted cash mainly represents mine
merupakan jaminan reklamasi dan pascatambang reclamation and mine closure guarantees in the
dalam bentuk deposito berjangka yang ditempatkan form of time deposits placed by the Group at state-
Grup pada bank-bank milik negara sehubungan owned banks in relation with the Group’s mining
dengan aktivitas penambangan yang dilakukan activities in various locations in Indonesia.
Grup di berbagai lokasi di Indonesia.
11. INVESTASI 11. INVESTMENTS

2019 2018* 2018*
Investasi pada entitas asosiasi Investments in associates

NHM 614,256,431 1,059,628,453 1,684,568,175 NHM
PT Borneo Alumina Indonesia PT Borneo Alumina Indonesia
(“BAI”) 124,310,620 79,017,869 - (“BAI”)
PT Menara Antam Sejahtera PT Menara Antam Sejahtera
(“MAS”) 5,885,367 4,542,201 2,403,824 (“MAS”)
Lain-lain 77,500 2,033,938 3,661,407 Others
Jumlah 744,529,918 1,145,222,461 1,690,633,406 Total
Investasi pada ventura bersama Investment in a joint venture

ICA - - 833,894,233 ICA


11. INVESTASI (lanjutan) 11. INVESTMENTS (continued)
a. Investasi pada entitas asosiasi a. Investments in associates
Mutasi dari investasi pada entitas asosiasi Movement of investments in associates is as

2019 2018*
Saldo awal 4,737,783,790 4,760,514,932 Beginning balance

Bagian (kerugian)/keuntungan (38,818,595) 55,017,500 Share of (loss)/profit
Penghasilan komprehensif lain 3,059,686 (296,833) Other comprehensive income
Dividen (331,724,138) (225,334,558) Dividends
Penambahan investasi 50,000,000 80,051,000 Addition of investments
laporan keuangan (31,636,502) 67,831,749 currency translation
Saldo akhir 4,388,664,241 4,737,783,790 Ending balance
Akumulasi amortisasi aset Accumulated asset amortisation

berdasarkan nilai wajar based on fair value
Saldo awal (3,592,561,329) (3,069,881,526) Beginning balance
Rugi penurunan nilai investasi - (167,506,962) Impairment losses of investments
Amortisasi (49,280,815) (387,437,973) Amortisation
Saldo akhir (3,644,134,323) (3,592,561,329) Ending balance
Nilai tercatat investasi 744,529,918 1,145,222,461 Carrying amount of investments
NHM adalah satu-satunya entitas asosiasi yang NHM is the only associate material to the
material bagi Grup. Kepentingan Grup di NHM Group. The Group’s 25% interest in NHM is
sebesar 25% dibukukan mengggunakan accounted for using the equity method of
metode akuntansi ekuitas. accounting.
NHM bergerak di bidang penambangan emas NHM engages in gold mining business in
di Indonesia dan merupakan perusahaan Indonesia and is a private company.
swasta tertutup.
Berikut ini merupakan ringkasan atas informasi Set out below is the summarised financial
keuangan dari NHM: information for NHM:
2019 2018* 2018*
Ringkasan laporan posisi Summarised statements

keuangan of financial position
Kas dan setara kas 348,359,060 852,610,811 1,054,329,977 Cash and cash equivalents
Aset lancar lain-lain Other current assets
(kecuali kas) 641,656,259 1,327,659,177 701,674,331 (excluding cash)
Jumlah aset lancar 990,015,319 2,180,269,988 1,756,004,308 Total current assets
Liabilitas keuangan Financial liabilities

(kecuali utang usaha) 407,855,340 529,960,220 492,076,163 (excluding trade payables)
Liabilitas lancar lain-lain Other current liabilities
(termasuk utang usaha) 147,531,313 89,029,031 95,499,622 (including trade payables)
Jumlah liabilitas lancar 555,386,653 618,989,251 587,575,785 Total current liabilities
Jumlah aset tidak lancar 2,638,868,533 3,070,705,103 3,972,324,649 Total non-current assets
Jumlah liabilitas tidak lancar 724,450,614 707,743,143 807,470,798 Total non-current liabilities
Aset bersih 2,349,046,585 3,924,242,697 4,333,282,374 Net assets


a. Investasi pada entitas asosiasi (lanjutan) a. Investments in associates (continued)
Berikut ini merupakan ringkasan atas informasi Set out below is the summarised financial
keuangan dari NHM: (lanjutan) information for NHM: (continued)
2019 2018*
Ringkasan laporan laba rugi Summarised statements

dan penghasilan of profit or loss and other
Pendapatan 3,547,877,631 4,076,788,013 Revenue
Depresiasi dan amortisasi (830,686,861) (521,181,337) Depreciation and amortisation
Pendapatan keuangan 32,307,779 28,407,389 Finance income
Beban keuangan (20,502,296) (4,531,828) Finance costs
(Rugi)/laba sebelum pajak

penghasilan (122,550,650) 315,700,975 (Loss)/profit before income tax
Beban pajak penghasilan (11,441,640) (93,542,085) Income tax expense
(Rugi)/laba tahun berjalan (133,992,290) 222,158,890 (Loss)/profit for the year
Penghasilan/(rugi) Other comprehensive

komprehensif lain 12,238,743 (1,187,328) income/(loss)
Jumlah (rugi)/penghasilan
komprehensif (121,753,547) 220,971,562 Total comprehensive (loss)/income
Dividen entitas asosiasi (331,724,138) (225,334,558) Associate’s dividends
Rekonsiliasi atas ringkasan informasi Reconciliation of the summarised financial

keuangan yang disajikan untuk NHM dengan information presented for NHM to the carrying
nilai tercatat dari kepentingan Grup di NHM amount of the Group’s interest in NHM is as
2019 2018*
Aset bersih awal 3,924,242,697 4,333,282,374 Opening net assets
Pembagian dividen (1,326,896,551) (901,338,232) Dividends distribution

(Rugi)/laba tahun berjalan (133,992,290) 222,158,890 (Loss)/profit for the year
Penghasilan/(rugi)
komprehensif lain 12,238,743 (1,187,328) Other comprehensive income/(loss)
Aset bersih akhir 2,349,046,585 3,924,242,697 Closing net assets
Kepentingan pada entitas

asosiasi (25%) 587,261,646 981,060,674 Interest in associates (25%)
Kenaikan nilai wajar, bersih 26,994,785 78,567,779 Fair value uplift, net
Nilai tercatat 614,256,431 1,059,628,453 Carrying value
Untuk tahun yang berakhir 31 Desember 2019, For the year ended 31 December 2019, the
dividen yang didistribusikan oleh NHM kepada dividend distributed by NHM to the Company
Perusahaan adalah sebesar AS$23.350.478 amounted to US$23,350,478 or equivalent to
atau setara Rp331.724.138 (2018: Rp331,724,138 (2018: US$16,111,148 or
AS$16.111.148 atau setara Rp225.334.558). equivalent to Rp225,334,558).


a. Investasi pada entitas asosiasi (lanjutan) a. Investments in associates (continued)
Pada tanggal 30 April 2018 dan 25 Juni 2018. On 30 April 2018 and 25 June 2018, the
Perusahaan menerima pembayaran dividen Company received dividends payment
masing-masing sebesar AS$8.391.163 (setara amounting to US$8,391,163 (equivalent to
Rp116.444.170) and AS$7.319.985 (setara Rp116,444,170) and US$7,319,985
Rp103.248.388), setelah NHM melakukan (equivalent to Rp103,248,388), respectively,
offset atas dividen dengan kewajiban after NHM had offset the dividends with the
kontinjensi Perusahaan sebesar AS$400.000 Company’s contingent liability amounting to
(setara Rp5.642.000). US$400,000 (equivalent to Rp5,642,000).
Rugi penurunan nilai atas investasi di NHM Impairment losses recognised by the Group on
yang diakui Grup pada tahun 2019 dan 2018 its investment in NHM in 2019 and 2018 were
adalah masing-masing RpNihil dan RpNil and Rp167,506,962, respectively.
Rp167.506.962.
Asumsi kunci yang digunakan dalam pengujian The key assumptions used in the impairment
penurunan nilai investasi di NHM di tahun 2019 test for investment in NHM in 2019 and 2018,
and 2018 adalah sebagai berikut: were as follows:
2019 2018
Periode arus kas 2020-2022 2019-2020 Cash flow period

Harga emas per troy ons US$1,500 US$1,264 - US$1,304 Gold prices per troy ounce
Tingkat diskonto 6.06% 5.58% Discount rate
Ringkasan informasi keuangan atas investasi The summarised financial information of other
pada entitas asosiasi lainnya yang tidak investments in associates which are not
material bagi Grup untuk tahun yang berakhir material to the Group for the year ended
31 Desember 2019 dan 2018 adalah sebagai 31 December 2019 and 2018 is as follows:
berikut:
Laba/(rugi) dari Penghasilan
operasi yang komprehensif Jumlah penghasilan/
berkelanjutan/ lain/Other (rugi) komprehensif/
Income/(loss) from comprehensive Total comprehensive
continuing operations income income/(loss)
31 Desember 2019 31 December 2019

- MJIS (1,510,167,920) - (1,510,167,920) MJIS -
- PT Antam Niterra PT Antam Niterra -
Haltim (“ANH”) (19,984,667) - (19,984,667) Haltim (“ANH”)
- BAI (11,768,123) - (11,768,123) BAI -
- PT Nasional Hijau PT Nasional Hijau -
Lestari (“NHL”) (11,535,834) - (11,535,834) Lestari (“NHL”)
- PT Nikel Halmahera PT Nikel Halmahera -
Timur (“NHT”) - - - Timur (“NHT”)
- PT Antamloka Halimun PT Antamloka Halimun -
Energi (“AHE”) - - - Energi (“AHE”)
- MAS 5,372,662 - 5,372,662 MAS -

- MJIS (13,283,421) - (13,283,421) MJIS -
- ANH (36,285,587) - (36,285,587) ANH -
- BAI (2,455,326) - (2,455,326) BAI -
- NHL (6,509,875) - (6,509,875) NHL -
- NHT - - - NHT -
- AHE - - - AHE -
- MAS 8,553,512 - 8,553,512 MAS -


b. Investasi pada ventura bersama b. Investment in a joint venture
Investasi pada ventura bersama merupakan Investment in a joint venture represented the
kepentingan ekuitas Grup di ICA. Seperti yang Group’s equity interest in ICA. As discussed in
dijelaskan di Catatan 5, Grup memperoleh Note 5, the Group acquired the shares of ICA
saham ICA dari SDK di tahun 2018 dan sejak from SDK in 2018 and has controlled and
saat itu, Grup mengendalikan dan consolidated the entity since then.
mengkonsolidasikan ICA.
Mutasi dari investasi pada ventura bersama Movement of investments in a joint venture is
2018 2017*
Saldo awal 833,894,233 1,871,708,277 Beginning balance

Bagian kerugian (927,602,716) (1,108,792,094) Share of loss
Penghasilan komprehensif lain 1,852,448 1,082,070 Other comprehensive income
laporan keuangan 60,007,522 69,895,980 currency translation
Keuntungan dari hasil pengukuran
kembali kepentingan yang Gain from remeasuring
sebelumnya dimiliki di ICA 14,671,159 - previously held interest in ICA
Nilai wajar kepemilikan ekuitas di
ICA yang telah dimiliki sebelum Fair value of the Group’s equity interest in
kombinasi bisnis 17,177,354 - ICA held before the business combination
Saldo akhir - 833,894,233 Ending balance
Berikut ini merupakan ringkasan informasi Set out below is the summarised financial
keuangan dari ICA, ventura bersama yang information for ICA, a material joint venture of
material bagi Grup yang dicatat dengan the Group, which was accounted for using the
menggunakan metode ekuitas pada tanggal equity method as at and for the year ended
dan untuk tahun yang berakhir 31 Desember 31 December 2017.
2017.
2017*
Ringkasan laporan posisi Summarised statements

keuangan of financial position
Kas dan setara kas 127,428,935 Cash and cash equivalents
Aset lancar lain-lain (kecuali kas) 241,650,106 Other current assets (excluding cash)
Jumlah aset lancar 369,079,041 Total current assets
Liabilitas keuangan (kecuali utang usaha)- 750,326,568 Financial liabilities (excluding trade payables)
Liabilitas lancar lain-lain Other current liabilities
(termasuk utang usaha) 605,658,511 (including trade payables)
Jumlah liabilitas lancar 1,355,985,079 Total current liabilities
Aset tidak lancar 5,170,800,531 Non-current assets
Liabilitas keuangan- 3,134,780,146 Financial liabilities

Liabilitas tidak lancar lain-lain 6,746,555 Other non-current liabilities
Total liabilitas tidak lancar 3,141,526,701 Total non-current liabilities
Aset bersih- 1,042,367,792 Net assets


b. Investasi pada ventura bersama (lanjutan) b. Investments in a joint venture (continued)
Berikut ini merupakan ringkasan informasi Set out below is the summarised financial
keuangan dari ICA, ventura bersama yang information for ICA, a material joint venture of
material bagi Grup yang dicatat dengan the Group, which was accounted for using the
menggunakan metode ekuitas pada tanggal equity method as at and for the year ended
dan untuk tahun yang berakhir 31 Desember 31 December 2017. (continued)
2017. (lanjutan)
2017*
Ringkasan laporan laba rugi dan Summarised statement of profit or loss

penghasilan komprehensif lain and other comprehensive income
Pendapatan 335,158,685 Revenue
Depresiasi, amortisasi dan penurunan nilai (1,571,330,447) Depreciation, amortisation and impairment
Pendapatan keuangan 605,847 Finance income
Beban keuangan (102,961,468) Finance costs
Rugi sebelum pajak penghasilan (1,338,387,307) Loss before income tax
Beban pajak penghasilan - (47,602,810) Income tax expense
Rugi tahun berjalan (1,385,990,117) Loss for the year
Penghasilan komprehensif lain 1,352,588 Other comprehensive income
Jumlah rugi komprehensif (1,384,637,529) Total comprehensive loss
Rekonsiliasi atas ringkasan informasi Reconciliation of the summarised financial

keuangan yang disajikan untuk ICA dengan information presented for ICA to the carrying
nilai tercatat dari kepentingan Grup di ICA amount of the Group’s interest in ICA is as
2017*
Aset bersih awal 2,339,635,346 Opening net assets
Rugi tahun berjalan (1,385,990,117) Loss for the year

Penghasilan komprehensif lain 1,352,588 Other comprehensive income
Selisih kurs karena penjabaran
laporan keuangan 87,369,975 Difference in foreign currency translation
Aset bersih akhir 1,042,367,792 Closing net assets
Kepentingan pada ventura bersama (80%) 833,894,233 Interest in a joint venture (80%)
Nilai tercatat 833,894,233 Carrying value
c. Investasi pada entitas anak c. Investment in subsidiaries
Informasi terkait entitas anak Perusahaan Information regarding the Company’s

diungkapkan pada Catatan 1b. Pada tanggal subsidiaries is disclosed in Note 1b. As at 31
31 Desember 2019 dan 2018, tidak ada entitas December 2019 and 2018, there were no
anak yang dimiliki Perusahaan dengan subsidiaries owned by the Company with
kepentingan nonpengendali yang material. material non-controlling interests.


12. ASET TETAP 12. PROPERTY, PLANT AND EQUIPMENT

31 Desember/December 2019
Surplus Efek
Saldo awal/ revaluasi/ translasi/ Saldo akhir/
Beginning Revaluation Penambahan/ Pengurangan/ Pemindahan/ Translation Ending
balance surplus Additions Disposals Transfers effects balance
Harga perolehan Cost

Tanah 3,217,199,594 - 39,598,277 - 18,103,740 - 3,274,901,611 Land
Prasarana 3,954,419,524 - 69,070,673 (645,758) 151,673,359 (4,918,001) 4,169,599,797 Land improvements
Bangunan 793,249,386 - 22,403,517 (379,832) 22,337,120 (2,326,377) 835,283,814 Buildings
Pabrik, mesin Plant, machinery
dan peralatan 16,727,665,947 - 113,568,718 (5,048,750) 43,712,085 (159,089,212) 16,720,808,788 and equipment
Kendaraan 98,449,540 - 5,612,117 (7,609,025) - (64,432) 96,388,200 Vehicles
Peralatan dan Furniture, fixtures
perabotan kantor 193,972,694 - 15,698,794 (169,717) 3,946,664 (3,442,403) 210,006,032 and office equipment
Aset dalam Construction in
penyelesaian 3,738,728,873 - 626,740,622 (6,474,938) (239,772,968) (153,189) 4,119,068,400 progress
28,723,685,558 - 892,692,718 (20,328,020) - (169,993,614) 29,426,056,642
Akumulasi Accumulated
penyusutan depreciation
Tanah 71,531,667 - 39,097,762 - - - 110,629,429 Land
Prasarana 2,573,331,934 - 270,768,877 (645,758) - (167,445) 2,843,287,608 Land improvements
Bangunan 382,630,469 - 49,136,452 (379,832) - (194,771) 431,192,318 Buildings
dan peralatan 5,215,747,905 - 667,355,150 (5,048,750) - (3,187,333) 5,874,866,972 and equipment
Kendaraan 85,709,583 - 5,071,063 (7,609,025) - (17,168) 83,154,453 Vehicles
Peralatan dan Furniture, fixtures and
perabotan kantor 151,159,834 - 22,664,632 (169,717) - (169,009) 173,485,740 office equipment
8,480,111,392 - 1,054,093,936 (13,853,082) - (3,735,726) 9,516,616,520
penurunan nilai 753,902,925 - 289,845,927 - - - 1,043,748,852 impairment losses
Nilai buku bersih 19,489,671,241 18,865,691,270 Net book value
31 Desember/December 2018*
Surplus
Saldo awal/ revaluasi/ Saldo akhir/
Beginning Revaluation Penambahan/ Pengurangan/ Pemindahan/ Akuisisi**/ Ending
balance surplus Additions Disposals Transfers Acquisition** balance

Tanah 2,767,296,328 428,931,355 20,971,911 - - - 3,217,199,594 Land
Prasarana 3,643,881,378 - 18,583,723 (1,087,937) 170,282,075 122,760,285 3,954,419,524 Land improvements
Bangunan 741,413,376 - 3,398,481 (8,494,661) - 56,932,190 793,249,386 Buildings
dan peralatan 12,615,131,447 - 64,443,299 - 6,658,482 4,041,432,719 16,727,665,947 and equipment
Kendaraan 93,641,589 - 6,840,390 (3,584,087) - 1,551,648 98,449,540 Vehicles
perabotan kantor 167,402,010 - 11,849,491 (616,512) - 15,337,705 193,972,694 and office equipment
Aset dalam Construction in
penyelesaian 1,646,695,639 - 2,284,500,618 (22,154,805) (176,940,557) 6,627,978 3,738,728,873 progress
21,675,461,767 428,931,355 2,410,587,913 (35,938,002) - 4,244,642,525 28,723,685,558
penyusutan depreciation
Tanah 52,752,591 - 18,779,076 - - - 71,531,667 Land
Prasarana 2,312,868,414 - 261,551,457 (1,087,937) - - 2,573,331,934 Land improvements
Bangunan 363,064,913 - 20,071,556 (506,000) - - 382,630,469 Buildings
dan peralatan 4,737,838,505 - 477,916,000 (6,600) - - 5,215,747,905 and equipment
Kendaraan 83,076,539 - 4,055,699 (1,422,655) - - 85,709,583 Vehicles
perabotan kantor 141,111,417 - 10,393,581 (345,164) - - 151,159,834 and office equipment
7,690,712,379 - 792,767,369 (3,368,356) - - 8,480,111,392
penurunan nilai 686,504,662 - 67,398,263 - - - 753,902,925 impairment losses
Nilai buku bersih 13,298,244,726 19,489,671,241 Net book value
**Akuisisi ICA (lihat Catatan 5) **ICA acquisition (refer to Note 5)


12. ASET TETAP (lanjutan) 12. PROPERTY, PLANT AND EQUIPMENT

(continued)
Pada tahun yang berakhir 31 Desember 2018, Grup For the year ended 31 December 2018, the Group
mencatat Rp428.931.355 surplus revaluasi tanah recorded land revaluation surplus of
berdasarkan hasil penilaian yang dilakukan oleh Rp428,931,355 based on the results of valuation
KJPP Doli Siregar & Rekan, penilai independen carried out by KJPP Doli Siregar & Rekan, an
yang terdaftar di OJK, dengan menggunakan independent valuer registered with the OJK, on the
pendekatan data pasar, sebagaimana tercantum basis of the market data approach, as stated in its
dalam laporannya tertanggal 15 Februari 2019. Nilai reports dated 15 February 2019. Fair value of land
wajar revaluasi tanah dikategorikan sebagai nilai revaluation is classified as fair value level 3 in the
wajar tingkat 3 dalam hirarki nilai wajar. fair value hierarchy.
Pada tanggal 31 Desember 2019, tanah yang As at 31 December 2019, the land owned by the
dimiliki Grup terutama tanah dengan Hak Guna Group mainly comprised of land with “Hak Guna
Bangunan yang akan jatuh tempo pada tanggal Bangunan” titles which will expire on various dates
yang berbeda dengan rentang satu sampai tiga ranging from one to thirty years. Referencing the
puluh tahun. Mengacu pada praktek di masa historical practices, management believes that
lampau, manajemen berkeyakinan bahwa tidak there will be no difficulties in obtaining the extension
akan ada kesulitan dalam memperpanjang hak atas of the land rights as the plots of land were acquired
tanah ini karena tanah tersebut diperoleh secara legally and are supported by sufficient evidence of
legal dan dilengkapi dengan bukti kepemilikan yang ownership.
cukup.
Pada tanggal 31 Desember 2019, aset tetap Grup As at 31 December 2019, the Group’s property,
telah diasuransikan terhadap risiko kerugian akibat plant and equipment were covered by insurance
bencana alam, kebakaran, kerusuhan, sabotase, against risks of loss due to natural disaster, fire,
kekerasan dan penghentian operasi dengan nilai riots, sabotage, vandalism and business
pertanggungan keseluruhan sebesar interruptions with a total coverage of
AS$1.421.097.015 atau setara dengan US$1,421,097,015 or equivalent to
Rp19.754.669.606 (2018: AS$1.421.092.015 atau Rp19,754,669,606 (2018: US$1,421,092,015 or
setara dengan Rp 20.578.833.469), yang menurut equivalent to Rp20,578,833,469), which is
pendapat manajemen memadai untuk menutup considered adequate by management to cover
kemungkinan terjadinya kerugian yang timbul dari possible losses arising from such risks.
risiko-risiko tersebut.
Pada tanggal 31 Desember 2019, jika tanah dicatat As at 31 December 2019, if land was stated on the
sebesar harga perolehan, jumlahnya adalah historical cost basis, the amounts would be
Rp512.606.303 (2018: Rp454.904.286). Rp512,606,303 (2018: Rp454,904,286).
Biaya penyusutan aset tetap dialokasikan sebagai Depreciation expenses of property, plant and
berikut: equipment was allocated as follows:
2019 2018*
Beban pokok penjualan (Catatan 27) 998,591,438 763,148,850 Cost of goods sold (Note 27)
Beban usaha (Catatan 28) Operating expenses (Note 28)
Umum dan administrasi 54,307,827 25,871,406 General and administrative
Penjualan dan pemasaran 1,194,671 92,791 Selling and marketing
Aset eksplorasi dan evaluasi, Exploration and evaluation assets,
properti pertambangan dan mining properties and
aset dalam penyelesaian - 3,654,322 construction in progress
Jumlah 1,054,093,936 792,767,369 Total


12. ASET TETAP (lanjutan) 12. PROPERTY, PLANT AND EQUIPMENT

(continued)
Aset dalam penyelesaian merupakan proyek yang Construction in progress represents projects that
belum selesai pada tanggal pelaporan. Aset dalam have not been completed at the reporting dates.
penyelesaian pada tanggal 31 Desember 2019 Construction in progress as at 31 December 2019
terutama terdiri dari Proyek Pembangunan Pabrik was mainly comprised of the East Halmahera
Feronikel Haltim (“P3FH”). Aset dalam Ferronickel Plant Development Project (“P3FH”).
penyelesaian tersebut diperkirakan akan selesai di These constructions in progress are estimated to be
2020 dengan persentase penyelesaian pada completed in 2020 with the percentage of
tanggal 31 Desember 2019 berkisar antara 97% - completion between 97% - 98% as at 31 December
98%. 2019.
Untuk tahun yang berakhir 31 Desember 2019, For the year ended 31 December 2019, the Group
Grup mengkapitalisasi biaya pinjaman sebesar capitalised borrowing costs amounting to
Rp29.194.814 (2018: Rp8.358.847) atas aset Rp29,194,814 (2018: Rp8,358,847) on qualifying
kualifikasian. Biaya pinjaman dikapitalisasi pada assets. Borrowing costs were capitalised at the
tingkat bunga rata-rata tertimbang dari pinjaman weighted-average rate of its general borrowings of
umum sebesar 6,68% (2018: 1,78%). 6.68% (2018: 1.78%).
Pada tahun 2019, terdapat aset tetap tertentu yang In 2019, there were certain property, plant and
dilepas dan dihapus pada nilai tercatatnya sebesar equipment disposed and written off at their net
Rp6.474.938 (2018: Rp32.569.646). carrying values amounting to Rp6,474,938 (2018:
Rp32,569,646).
Pada tanggal 31 Desember 2019, aset tetap Grup As at 31 December 2019, the Group's property,
selain tanah (termasuk aset dalam penyelesaian) plant and equipment other than land (including
dengan nilai tercatat sebesar Rp15.701.419.088 construction in progress), with a carrying value
memiliki nilai wajar sebesar Rp19.337.653.513. amounting to Rp15,701,419,088 has a fair value of
Nilai wajar bangunan, mesin dan peralatan Rp19,337,653,513. Fair value of buildings, plant,
(termasuk aset dalam penyelesaian) Grup machinery and equipment (including construction in
dikategorikan sebagai nilai wajar tingkat 3 dalam progress) of the Group is classified as fair value
hirarki nilai wajar. Tidak ada perbedaan yang level 3 in the fair value hierarchy. There is no
signifikan antara nilai wajar dan nilai tercatat atas significant difference between the fair value and the
aset tetap Grup selain tanah. carrying value of the Group’s property, plant and
equipment other than land.
Pada tanggal 31 Desember 2019, Grup memiliki As at 31 December 2019, the Group has property,
aset tetap yang telah disusutkan penuh dan masih plant and equipment that has been fully depreciated
digunakan masing-masing sebesar and is still being used, totalling Rp7,139,988,957
Rp7.139.988.957 (2018: Rp6.493.831.879). (2018: Rp6,493,831,879).
Pada tahun 2019, Grup mengakui kerugian In 2019, the Group recorded an impairment loss of
penurunan nilai aset tetap sebesar Rp289.845.927 Rp289,845,927 (2018: Rp67,398,263) on property,
(2018: Rp67.398.263). plant and equipment.
Kerugian penurunan nilai yang diakui di tahun 2019 Impairment loss recognised in 2019 is based on
adalah berdasarkan pengujian penurunan nilai atas impairment test performed on property, plant and
aset tetap ICA di mana jumlah terpulihkan equipment of ICA where the recoverable amount
ditentukan berdasarkan nilai pakainya dengan was determined based on VIU calculation that used
menggunakan model arus kas yang didiskontokan, a discounted cash flow model, which is classified as
yang dikategorikan sebagai nilai wajar tingkat 3 fair value level 3 in the fair value hierarchy.
dalam hirarki nilai wajar.
Asumsi utama yang digunakan dalam pengujian The key assumptions used in the impairment test
penurunan nilai aset tetap ICA pada tanggal 31 for property, plant and equipment of ICA as at
Desember 2019 adalah sebagai berikut: 31 December 2019 were as follows:
Periode arus kas 2020-2044 Cash flow period

Harga jual/ton US$521 - US$1,610 Sales price/ton
Tingkat diskonto 10.92% Discount rate


13. PROPERTI PERTAMBANGAN 13. MINING PROPERTIES
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pemindahan/ Ending
balance Additions Transfers balance
Perusahaan The Company
Tambang berproduksi dan Producing and
dalam pengembangan: developing mines:
Tanjung Buli 312,044,059 - - 312,044,059 Tanjung Buli
Tayan 236,862,627 - - 236,862,627 Tayan
Pongkor 220,402,449 - - 220,402,449 Pongkor
Tapunopaka 72,738,544 - 84,389,159 157,127,703 Tapunopaka
Mornopo 111,477,255 - - 111,477,255 Mornopo
Pakal 83,700,660 - - 83,700,660 Pakal
Pulau Maniang 55,491,489 - - 55,491,489 Maniang Island
1,092,717,083 - 84,389,159 1,177,106,242

Entitas Anak Subsidiaries
Cibaliung 471,897,018 - - 471,897,018 Cibaliung
Pulau Gag 26,866,055 14,467,291 - 41,333,346 Gag Island
Sarolangun 1,034,104 - - 1,034,104 Sarolangun
499,797,177 14,467,291 - 514,264,468
Dikurangi: Less:
Akumulasi amortisasi 590,819,918 55,915,980 - 646,735,898 Accumulated amortisation
Akumulasi rugi penurunan Accumulated impairment
nilai 291,639,825 - - 291,639,825 losses
882,459,743 55,915,980 - 938,375,723
Properti pertambangan,
bersih 710,054,517 752,994,987 Mining properties, net
Beginning Penambahan/ Pemindahan/ Ending
balance Additions Transfers balance
Perusahaan The Company
Tanjung Buli 312,044,059 - - 312,044,059 Tanjung Buli
Tayan 236,862,627 - - 236,862,627 Tayan
Pongkor 220,402,449 - - 220,402,449 Pongkor
Mornopo 111,477,255 - - 111,477,255 Mornopo
Pakal 83,700,660 - - 83,700,660 Pakal
Pulau Maniang 55,491,489 - - 55,491,489 Maniang Island
Tapunopaka 72,738,544 - - 72,738,544 Tapunopaka
1,092,717,083 - - 1,092,717,083
Entitas Anak Subsidiaries
Cibaliung 470,480,892 1,416,126 - 471,897,018 Cibaliung
Pulau Gag 26,866,055 - - 26,866,055 Gag Island
Sarolangun 1,034,104 - - 1,034,104 Sarolangun
498,381,051 1,416,126 - 499,797,177
Dikurangi: Less:
Akumulasi amortisasi 535,986,989 54,832,929 - 590,819,918 Accumulated amortisation
Akumulasi rugi penurunan Accumulated impairment
nilai 291,639,825 - - 291,639,825 losses
827,626,814 54,832,929 - 882,459,743
Properti pertambangan,
bersih 763,471,320 710,054,517 Mining properties, net


13. PROPERTI PERTAMBANGAN (lanjutan) 13. MINING PROPERTIES (continued)
Amortisasi properti pertambangan dibebankan Amortisation of mining properties was charged to

seluruhnya ke biaya produksi untuk tahun yang production cost for the years ended 31 December
berakhir 31 Desember 2019 dan 2018. 2019 and 2018.
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, management
manajemen berkeyakinan bahwa provisi atas believes that the provision for impairment in the
penurunan nilai properti pertambangan telah value of mining properties is already adequate.
memadai.
Untuk tahun yang berakhir 31 Desember 2019 dan For the years ended 31 December 2019 and 2018,
2018, tidak ada biaya pinjaman yang dikapitalisasi there were no borrowing costs capitalised as mining
sebagai properti pertambangan. properties.
14. ASET EKSPLORASI DAN EVALUASI 14. EXPLORATION AND EVALUATION ASSETS
Beginning Penambahan/ Pengurangan/ Pemindahan/ Ending
balance Additions Disposals Transfers balance
Perusahaan: The Company:
Sangaji 162,143,324 8,118,396 - - 170,261,720 Sangaji
Papandayan 92,918,404 - - - 92,918,404 Papandayan
Mandiodo 92,428,258 - - - 92,428,258 Mandiodo
Tapunopaka 84,389,159 - - (84,389,159) - Tapunopaka
Mempawah 74,885,305 2,621,539 (4,421,181) - 73,085,663 Mempawah
Oksibil - 49,247,704 - - 49,247,704 Oksibil
Munggu Pasir 26,864,729 - - - 26,864,729 Munggu Pasir
Bahubulu 25,913,658 - - - 25,913,658 Bahubulu
Cibaliung 6,423,651 18,112,385 - - 24,536,036 Cibaliung
Lain-lain 3,366,832 662,244 - - 4,029,076 Others
569,333,320 78,762,268 (4,421,181) (84,389,159) 559,285,248
Entitas Anak: Subsidiaries:

Pulau Gag 71,552,714 - - - 71,552,714 Pulau Gag
Landak 48,360,027 4,833,380 - - 53,193,407 Landak
Meliau 34,796,682 - - - 34,796,682 Meliau
Cibaliung 4,570,193 - - - 4,570,193 Cibaliung
159,279,616 4,833,380 - - 164,112,996
Dikurangi: Less:
penurunan nilai 34,966,544 29,691,103 - - 64,657,647 impairment losses
Aset eksplorasi dan Exploration and

evaluasi 693,646,392 658,740,597 evaluation assets


14. ASET EKSPLORASI DAN EVALUASI (lanjutan) 14. EXPLORATION AND EVALUATION ASSETS
(continued)
Beginning Penambahan/ Pengurangan/ Pemindahan/ Ending
balance Additions Disposals Transfers balance
Perusahaan: The Company:
Sangaji 162,143,324 - - - 162,143,324 Sangaji
Papandayan 92,918,404 - - - 92,918,404 Papandayan
Mandiodo 92,428,258 - - - 92,428,258 Mandiodo
Tapunopaka 84,389,159 - - - 84,389,159 Tapunopaka
Mempawah 73,759,445 1,125,860 - - 74,885,305 Mempawah
Munggu Pasir 26,858,129 6,600 - - 26,864,729 Munggu Pasir
Bahubulu 25,913,658 - - - 25,913,658 Bahubulu
Cibaliung - 6,423,651 - - 6,423,651 Cibaliung
Lain-lain 3,366,832 - - - 3,366,832 Others
561,777,209 7,556,111 - - 569,333,320
Entitas Anak: Subsidiaries:

Pulau Gag 71,552,714 - - - 71,552,714 Pulau Gag
Landak 48,360,027 - - - 48,360,027 Landak
Meliau 34,796,682 - - - 34,796,682 Meliau
Cibaliung 7,278,793 3,715,051 - (6,423,651) 4,570,193 Cibaliung
161,988,216 3,715,051 - (6,423,651) 159,279,616
Dikurangi: Less:
penurunan nilai 29,162,544 5,803,910 - - 34,966,544 impairment losses
Aset eksplorasi dan Exploration and

evaluasi 694,602,881 693,646,392 evaluation assets
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, management
manajemen berkeyakinan bahwa provisi atas believes that the provision for impairment in the
penurunan nilai aset eksplorasi dan evaluasi telah value of exploration and evaluation assets is
memadai. already adequate.
2018, tidak ada biaya pinjaman yang dikapitalisasi there were no borrowing costs capitalised as
sebagai aset eksplorasi dan evaluasi. exploration and evaluation assets.
15. GOODWILL 15. GOODWILL

CTSP 83,614,545 83,614,545 CTSP
APN 44,658,887 44,658,887 APN
BEI 32,439,844 32,439,844 BEI
MCU 19,689,730 19,689,730 MCU
GK 16,307,000 16,307,000 GK
196,710,006 196,710,006
Akumulasi rugi penurunan nilai Accumulated impairment losses

CTSP 83,614,545 83,614,545 CTSP
APN 4,651,968 4,651,968 APN
BEI 4,110,719 4,110,719 BEI
MCU 19,689,730 2,573,347 MCU
GK 16,307,000 - GK
128,373,962 94,950,579
Nilai buku bersih 68,336,044 101,759,427 Net book value


15. GOODWILL (lanjutan) 15. GOODWILL (continued)
Pengujian penurunan nilai atas goodwill dilakukan Goodwill is tested for impairment annually (as at
secara tahunan (pada tanggal 31 Desember) atau 31 December) or more frequently when
dapat lebih sering apabila terdapat peristiwa yang circumstances indicate a potential impairment.
mengindikasikan adanya potensi penurunan nilai.
Pergerakan atas nilai tercatat goodwill di tahun The movements on carrying amount of goodwill for
2019 merupakan rugi penurunan nilai penuh yang the year 2019 represented full impairment charge
dicatat oleh Grup sehubungan dengan goodwill recorded by the Group for the goodwill arising from
yang timbul dari akuisisi MCU dan GK, terutama the acquisitions of MCU and GK, primarily due to
dikarenakan ketidakpastian terkait bisnis unit-unit uncertainties involving the businesses of these
penghasil kas ini di masa depan. CGUs in the future.
Jumlah terpulihkan APN dan BEI ditentukan The recoverable amounts of APN and BEI were
berdasarkan nilai pakainya dengan menggunakan determined based on VIU calculations that used a
model arus kas yang didiskontokan, yang discounted cash flow model, which is classified as
dikategorikan sebagai nilai wajar tingkat 3 dalam fair value level 3 in the fair value hierarchy.
hirarki nilai wajar.
Asumsi utama yang digunakan dalam pengujian The key assumptions used in the impairment tests
penurunan nilai APN dan BEI pada tanggal 31 for APN and BEI as at 31 December 2019 were as
Desember 2019 adalah sebagai berikut: follows:
APN BEI
Periode arus kas 2020-2034 2020-2050 Cash flows period

Harga jual/ton US$31.32 - US$38.00 US$19.26 - US$19.43 Sales price/ton
Tingkat diskonto adalah biaya modal rata-rata The discount rate is the annual weighted average
tertimbang tahunan yang berlaku untuk masing- cost of capital that is applicable for each subsidiary
masing entitas anak selama periode arus kas. over the cash flows period.
16. UTANG USAHA 16. TRADE PAYABLES

2019 2018* 2018*
Pihak ketiga 642,785,413 403,931,604 244,818,853 Third parties

Pihak berelasi (Catatan 32) 96,958,283 463,814,512 80,060,002 Related parties (Note 32)
Jumlah 739,743,696 867,746,116 324,878,855 Total
Utang usaha berdasarkan mata uang asal terdiri Trade payables based on its original currencies
dari: consist of the following:

2019 2018* 2018*
Rupiah 671,131,396 561,762,109 242,177,422 Rupiah

Mata uang asing 68,612,300 305,984,007 82,701,433 Foreign currencies
Jumlah 739,743,696 867,746,116 324,878,855 Total
Lihat Catatan 34 untuk rincian saldo dalam mata Refer to Note 34 for details of balances in foreign
uang asing. currencies.


17. BEBAN AKRUAL 17. ACCRUED EXPENSES

2019 2018* 2018*
Contractors’ and
Jasa kontraktor dan konsultan 299,800,932 404,210,684 233,170,552 consultants’ service fees
Bunga 23,940,322 25,416,690 14,615,098 Interests
Pembelian bahan baku 20,796,710 3,516,683 41,804,757 Materials purchases
Biaya proyek P3FH 18,180,474 221,077,458 - Construction P3FH project cost
Sewa 8,313,610 6,832,158 5,813,999 Rent
Biaya eksploitasi 2,361,511 19,256,706 16,828,940 Exploitation costs
Lain-lain (masing-masing
di bawah Rp2.000.000) 68,576,624 104,305,482 68,073,722 Others (each below Rp2,000,000)
Jumlah 441,970,183 784,615,861 380,307,068 Total
18. PERPAJAKAN 18. TAXATION
a. Pajak dibayar di muka a. Prepaid taxes

2019 2018* 2018*
Pajak penghasilan badan 601,371,769 401,351,801 247,306,564 Corporate income tax

Pajak lain-lain - PPN 939,094,228 1,137,392,350 504,991,958 Other tax - VAT
Provisi (47,410,335) - - Provision
Jumlah 1,493,055,662 1,538,744,151 752,298,522 Total
Dikurangi bagian lancar Less current portion

Pajak lain-lain (439,751,346) (105,656,757) - Other taxes
Pajak penghasilan badan (282,607,418) - - Corporate income taxes
(722,358,764) (105,656,757) -
Bagian tidak lancar Non-current portion

Pajak lain-lain 451,932,547 1,031,735,593 504,991,958 Other taxes
Pajak penghasilan badan 318,764,351 401,351,801 247,306,564 Corporate income taxes
770,696,898 1,433,087,394 752,298,522
b. Utang pajak b. Taxes payable

2019 2018* 2018*
Pajak penghasilan badan 18,412,722 8,405,083 162,486 Corporate income tax
Pajak lain-lain: Other taxes:

Pasal 21 33,120,372 44,273,276 3,392,155 Article 21
Pasal 22 5,094,976 1,032,303 15,911,441 Article 22
Pasal 23 7,331,419 48,601,028 4,825,744 Article 23
Pajak bumi dan bangunan 1,209,905 3,108,727 6,078,864 Land and building tax
PPN 31,100,752 49,067,648 5,898,260 VAT
Jumlah pajak lain-lain 77,857,424 146,082,982 36,106,464 Total other taxes


18. PERPAJAKAN (lanjutan) 18. TAXATION (continued)
c. Beban pajak penghasilan c. Income tax expense
2019 2018*
Pajak kini 426,864,001 293,740,296 Current tax

Penyesuaian pajak dari Adjustments in respect
tahun sebelumnya 12,741,462 9,519,244 of prior year
Pajak tangguhan 53,576,559 73,890,670 Deferred tax
Beban pajak penghasilan 493,182,022 377,150,210 Income tax expense
Pajak atas laba Grup sebelum pajak berbeda The tax on the Group’s profit before tax differs
dari nilai teoritis yang mungkin muncul apabila from the theoretical amount that would arise
menggunakan tarif pajak yang berlaku using the tax rate applicable to profits on the
terhadap laba pada entitas konsolidasian consolidated entities as follows:
dalam jumlah sebagai berikut:
2019 2018*
Laba sebelum pajak Consolidated profit

penghasilan konsolidasian 687,034,053 2,013,152,801 before income tax
Pajak dihitung dengan Tax calculated

tarif pajak yang berlaku 171,758,513 503,288,200 at applicable tax rates
Dampak pajak penghasilan dari: Tax effects of:

- Bagian kerugian entitas asosiasi Share of loss of associates -
dan ventura bersama 22,024,853 315,005,797 and joint venture
- Penghasilan kena pajak final (42,209,336) (41,466,320) Income subject to final tax -
- Beban yang tidak dapat dikurangkan
untuk tujuan perpajakan 110,804,333 145,080,284 Non-deductible expenses -
- Aset pajak tangguhan
yang tidak diakui 218,062,197 19,953,156 Unrecognised deferred tax assets -
- Koreksi rugi fiskal - (17,637,799) Fiscal losses correction -
- Penyesuaian pajak periode
sebelumnya 12,741,462 9,519,244 Adjustment in respect of prior period -
- Keuntungan dari akuisisi - (556,592,352) Gain on acquisition -
Beban pajak penghasilan 493,182,022 377,150,210 Income tax expense


c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Rekonsiliasi antara laba sebelum pajak The reconciliation between profit before
penghasilan seperti yang disajikan dalam laba income tax as shown in profit or loss and
rugi dan taksiran laba fiskal Perusahaan untuk estimated taxable income of the Company for
tahun yang berakhir 31 Desember 2019 dan the years ended 31 December 2019 and 2018,
2018 adalah sebagai berikut: is as follows:
2019 2018*
Laba sebelum pajak Consolidated profit
penghasilan konsolidasian 687,034,053 2,013,152,801 before income tax
Rugi/(laba) sebelum pajak Loss/(profit) before
penghasilan - entitas anak 657,676,443 (50,815,787) income tax - subsidiaries
Laba sebelum pajak Profit before

penghasilan - Perusahaan 1,344,710,496 1,962,337,014 income tax - the Company
Rekonsiliasi: Reconciling items:

Kewajiban pensiun dan Pension and other post-employment
imbalan pascakerja lainnya 9,960,805 (8,922,028) benefits obligations
Liabilitas imbalan karyawan
jangka pendek (41,607,518) 91,822,992 Short-term employee benefits liabilities
Depreciation of
Penyusutan aset tetap (124,696,378) (209,859,126) property, plant and equipment
Provisi atas penurunan
nilai persediaan 105,007,247 10,420,675 Provision for inventory impairment
Discounting impact
Efek diskonto atas piutang lain-lain (24,288,438) (64,911,518) of other receivables
Provisi atas penurunan nilai piutang 132,023,006 6,550,156 Provision for impairment of receivables
Beban yang tidak dapat dikurangkan 169,708,562 432,754,280 Non-deductible expenses
Bagian kerugian entitas asosiasi Share of loss of associates
dan ventura bersama 88,099,410 1,260,023,189 and joint venture
Keuntungan dari akuisisi - (2,226,369,407) Gain on acquisition
Penghasilan kena pajak final (159,848,139) (159,787,190) Income subject to final tax
154,358,557 (868,277,977)
Taksiran penghasilan kena Estimated taxable income
pajak - Perusahaan 1,499,069,053 1,094,059,037 - the Company
Perhitungan pajak penghasilan Computation of corporate income tax

pada tarif 25% (374,767,263) (273,514,759) at 25% tax rate
Dikurangi pajak penghasilan

dibayar di muka 595,635,844 534,720,775 Less prepaid income taxes
Lebih bayar pajak Corporate income tax

penghasilan badan - Perusahaan: overpayment - the Company:
Tahun berjalan (220,868,581) (261,206,016) Current year
Restitusi di tahun berjalan 80,098,723 98,808,309 Tax refund in current year
Penyesuaian tahun lalu 12,741,462 9,519,244 Adjustment in respect of prior year
Pemindahbukuan - 2,561,715 Overbooking
Penyesuaian pajak dibayar di muka (23,271,871) - Prepaid tax adjustments
Saldo awal tahun (385,348,764) (235,032,016) Beginning of the year
Lebih bayar pajak penghasilan Corporate income tax

badan - Perusahaan (536,649,031) (385,348,764) overpayment - the Company

badan - entitas anak (64,722,738) (16,003,037) overpayment - subsidiaries

badan - konsolidasian (601,371,769) (401,351,801) overpayment - consolidated


c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Akumulasi rugi fiskal yang dapat The accumulated fiscal losses carried forward,
dikompensasikan dengan penghasilan kena which can be offset against future taxable
pajak di masa mendatang, berasal dari tahun- income, were from the following fiscal years:
tahun pajak berikut:
Entitas Entitas
Perusahaan/ anak/ Perusahaan/ anak/
The Company Subsidiaries The Company Subsidiaries
2014 - - - 93,641,127 2014

2015 - 331,882,896 - 331,882,896 2015
2016 - 390,897,314 - 390,897,314 2016
2017 - 354,571,698 - 614,794,362 2017
2018 - 312,944,595 - 312,944,595 2018
2019 - 499,697,674 - - 2019
Jumlah - 1,889,994,177 - 1,744,160,294 Total
Jumlah rugi fiskal adalah berdasarkan The amount of fiscal loss is based on preliminary
perhitungan sementara. Jumlah ini mungkin calculations. The amounts may be adjusted
akan disesuaikan ketika SPT dilaporkan ke when the Annual Tax Returns are filed to or
atau diperiksa oleh otoritas pajak. assessed by the tax authorities.
d. Aset pajak tangguhan d. Deferred tax assets

2019
Dikreditkan ke
Dikreditkan/ penghasilan
(dibebankan) komprehensif
ke laporan lain/
laba rugi/ Credited to
Saldo awal/ Credited/ other Saldo akhir/
Beginning (charged) to comprehensive Ending
balance profit or loss income balance
Difference between commercial
Perbedaan nilai buku aset tetap and tax basis of property,
komersial dan fiskal (32,344,549) (31,246,593) - (63,591,142) plant and equipment
Pensiun dan kewajiban Pensions and other post-
pascakerja lainnya 96,488,824 2,432,122 42,156,825 141,077,771 retirement obligations
Provisi atas penurunan Provision for impairment
nilai persediaan 4,721,377 25,051,368 - 29,772,745 on inventories
jangka pendek 29,658,876 (10,401,880) - 19,256,996 benefits liabilities
Provisi untuk pengelolaan Provision for environmental and
dan reklamasi lingkungan hidup 8,138,519 (8,138,519) - - reclamation costs
aset lain-lain 12,597,324 (12,597,324) - - on other assets
Efek diskonto dari Discounting impact of
piutang lain-lain 15,841,141 (15,841,141) - - other receivables
Rugi fiskal 5,766,751 (2,834,592) - 2,932,159 Fiscal loss carried forward
Jumlah 140,868,263 (53,576,559) 42,156,825 129,448,529 Total


d. Aset pajak tangguhan (lanjutan) d. Deferred tax assets (continued)
2018*
Dikreditkan ke
Dikreditkan/ penghasilan
(dibebankan) komprehensif
ke laporan lain/
laba rugi/ Credited to
Saldo awal/ Credited/ other Saldo akhir/
Beginning (charged) to comprehensive Ending
balance profit or loss income balance
Difference between commercial
Perbedaan nilai buku aset tetap and tax basis of property,
komersial dan fiskal 20,463,512 (52,808,061) - (32,344,549) plant and equipment
Pensiun dan kewajiban Pensions and other post-
pascakerja lainnya 97,318,454 (2,131,980) 1,302,350 96,488,824 retirement obligations
Provisi atas penurunan Provision for impairment
nilai persediaan 2,116,208 2,605,169 - 4,721,377 on inventories
jangka pendek 6,703,128 22,955,748 - 29,658,876 benefits liabilities
Provisi untuk pengelolaan Provision for environmental and
dan reklamasi lingkungan hidup 8,138,519 - - 8,138,519 reclamation costs
Provision for impairment
Provisi penurunan nilai investasi 20,903,636 (20,903,636) - - on investments
aset lain-lain 12,302,318 295,006 - 12,597,324 on other assets
Efek diskonto dari Discounting impact of
piutang lain-lain 30,431,482 (14,590,341) - 15,841,141 other receivables
Rugi fiskal 15,079,326 (9,312,575) - 5,766,751 Fiscal loss carried forward
Jumlah 213,456,583 (73,890,670) 1,302,350 140,868,263 Total
Aset pajak tangguhan meliputi saldo sebesar The deferred tax assets include an amount of
Rp2.932.159 (2018: Rp5.766.751) yang Rp2,932,159 (2018: Rp5,766,751) which
berasal dari akumulasi rugi pajak Grup. relates to the Group’s tax loss carried forward.
Manajemen Grup berkeyakinan bahwa aset The Group’s management believes that the
pajak tangguhan ini dapat dipulihkan dengan deferred tax assets will be recoverable using
menggunakan perkiraan pendapatan kena the estimated future taxable income based on
pajak di masa depan berdasarkan rencana the approved business plans and budgets of
bisnis dan anggaran Grup yang telah disetujui. the Group.
Manajemen berkeyakinan bahwa aset pajak Management believes that deferred tax assets
tangguhan yang timbul dari perbedaan waktu arising from temporary differences are
dapat direalisasikan pada tahun-tahun realisable in future years.
mendatang.
Pada tanggal 31 Desember 2019 dan 2018, Deferred tax assets of Rp469,566,385 and
aset pajak tangguhan yang berasal dari Rp430,273,323 related to the tax losses
akumulasi rugi pajak sebesar Rp469.566.385 carried forward were not recognised as at 31
dan Rp430.273.323 tidak diakui karena December 2019 and 2018 because their
kemungkinan besar aset pajak ini tidak akan recoverability is not considered probable.
terpulihkan.
e. Surat ketetapan pajak e. Tax assessments letter
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, the Group
Grup telah menerima beberapa surat ketetapan has received a number of assessments for
pajak untuk berbagai tahun pajak. Grup various tax years. The Group has accepted
menyetujui sebagian ketetapan pajak tersebut some of these assessments and booked
dan telah membukukan tambahan beban additional amount of Rp16.703.895 (2018:
sebesar Rp16.703.895 (2018: Rp9.519.244). Rp9,519,244) of expense in profit or loss.


e. Surat ketetapan pajak (lanjutan) e. Tax assessments letter (continued)
Atas ketetapan sisanya, Grup telah For the remaining assessments, the Group has
mengajukan keberatan dan banding. Pada filed objections and appeals. As at 31
tanggal 31 Desember 2019 dan 2018, jumlah December 2019 and 2018, the amounts of tax
ketetapan pajak yang masih dalam proses assessments that were in the process of
keberatan dan banding adalah sebagai berikut: objections and appeals were as follows:
Pajak penghasilan badan 33,173,032 30,673,087 Corporate income tax

Pajak lainnya 142,046,689 127,244,269 Other taxes
Jumlah 175,219,721 157,917,356 Total
Pada tanggal 31 Desember 2019, Grup As at 31 December 2019, the Group recorded
mencatat provisi sebesar Rp47.410.335 (2018: a provision of Rp47,410,335 (2018: RpNil) for
RpNihil) untuk mengantisipasi kemungkinan potential loss that may arise from the objection
kerugian yang dapat timbul dari proses and appeal processes explained above. For
keberatan dan banding yang dijelaskan di atas. the remaining amounts that were not
Untuk sengketa pajak yang tidak diprovisikan, provisioned for, management believes the
manajemen berkeyakinan bahwa Grup Group has a strong case to defend its position.
memiliki argumen yang kuat untuk membela
posisinya.
f. Administrasi f. Administration
Berdasarkan undang-undang perpajakan yang Under the taxation laws of Indonesia,

berlaku di Indonesia, perusahaan yang companies which are domiciled in Indonesia
berdomisili di Indonesia menghitung dan calculate and pay tax on the basis of self
membayar sendiri besarnya jumlah pajak yang assessment. The DGT may assess or amend
terutang. DJP dapat menetapkan atau tax liabilities within five years of the time the tax
mengubah liabilitas pajak dalam batas waktu becomes due.
lima tahun sejak saat terutangnya pajak.
19. PINJAMAN BANK JANGKA PENDEK 19. SHORT-TERM BANK LOANS

31 Desember/December 2019 31 Desember/December 2018
Mata uang asal/ Setara Rupiah/ Mata uang asal/ Setara Rupiah/
Original Equivalent Original Equivalent
currency to Rupiah currency to Rupiah
Perusahaan/The Company:
Pihak berelasi/Related party (Catatan/Note 32)
PT Bank Mandiri (Persero) Tbk (“Mandiri”) US$ 100,000,000 1,390,101,000 US$ 100,000,000 1,448,100,000
Entitas anak/Subsidiary:
Pihak ketiga/Third party
PT Bank Panin Tbk (“Panin”) Rp 18,000,000 18,000,000 Rp 3,900,000 3,900,000
Jumlah/Total 1,408,101,000 1,452,000,000
Nilai wajar pinjaman bank jangka pendek mendekati The fair value of short-term bank loans
jumlah tercatatnya karena pinjaman jatuh tempo approximates their carrying amount since the
dalam waktu kurang dari satu tahun. maturity of the loans is less than one year.


19. PINJAMAN BANK JANGKA PENDEK (lanjutan) 19. SHORT-TERM BANK LOANS (continued)
Informasi yang signifikan terkait dengan pinjaman Significant information related to short-term bank
bank jangka pendek pada tanggal 31 Desember loans as at 31 December 2019 and 2018, is as
2019 dan 2018 adalah sebagai berikut: follows:
Tanggal jatuh Tingkat suku

Kreditur/ Jenis fasilitas/ Jumlah fasilitas/ tempo/ bunga tahunan/
Creditors Type of facility Facility amount Maturity date Annual interest rate
Mandiri Kredit modal kerja/ AS$/US$ Januari/January 2.57%

Working capital loan 100,000,000 2020
Panin Kredit modal kerja/ Rp Oktober/October LPS+ 3%

Working capital loan 20,000,000 2020 (9.5%)
Pembatasan keuangan yang dipersyaratkan Financial covenants required under the loan
berdasarkan perjanjian pinjaman dengan Mandiri agreement with Mandiri are as follows:
a. Rasio pinjaman berbunga (tidak termasuk a. The ratio of interest bearing debt (excluding
utang usaha, namun mencakup pembiayaan trade payables but including syariah funding) to
bank syariah) terhadap total ekuitas maksimal total equity shall be a maximum of 3 times;
3 kali;
b. Rasio jumlah dari EBITDA ditambah dengan b. The ratio of the total EBITDA plus cash on hand
saldo kas dan bank terhadap jumlah pokok and cash in banks to total matured debt and
utang jatuh tempo ditambah beban bunga jatuh interest shall not be less than 1.25 times; and
tempo minimal 1,25 kali; dan
c. Mempertahankan ekuitas lebih besar dari c. Maintain equity to be greater than

Rp7.000.000.000. Rp7,000,000,000.
berdasarkan perjanjian pinjaman antara entitas agreement between the subsidiary and Panin are
anak dan Panin adalah sebagai berikut: as follows:
a. Rasio aset lancar terhadap kewajiban lancar a. Current ratio shall be higher than 1; and
lebih besar dari 1; dan
b. Menjaga porsi kepemilikan saham b. Maintain the Company’s shares ownership

Perusahaan, secara langsung maupun tidak portion; both directly or indirectly, at least 51%
langsung, sekurang-kurangnya 51% dari total from total capital paid.
modal disetor.
Pada tanggal 31 Desember 2019 dan 2018, Grup As at 31 December 2019 and 2018, the Group
telah memenuhi seluruh pembatasan pinjaman complied with all the loan covenants.
yang dipersyaratkan.


20. UTANG OBLIGASI 20. BONDS PAYABLE

Nilai tercatat/ Nilai wajar/ Nilai tercatat/ Nilai wajar/
Carrying amount Fair value Carrying amount Fair value
Utang pokok/Principal 2,100,000,000 2,121,420,000 2,100,000,000 2,039,100,000

Biaya penerbitan obligasi yang belum
diamortisasi/Unamortised
bonds issuance cost (1,484,257) - (2,147,334) -
Jumlah/Total 2,098,515,743 2,121,420,000 2,097,852,666 2,039,100,000
Dikurangi/Less:
Bagian jangka pendek/Current portion - -
Bagian jangka panjang/Non-current portion 2,098,515,743 2,097,852,666
Pada tanggal 2 Desember 2011, Perusahaan On 2 December 2011, the Company issued bonds
menerbitkan obligasi dengan nilai pokok sebesar with a total principal amount of Rp3,000,000,000.
Rp3.000.000.000. Bunga terutang setiap kuartal, Interest is payable quarterly every 14 March,
yaitu setiap tanggal 14 Maret, 14 Juni, 14 June, 14 September and 14 December. Bonds
14 September dan 14 Desember. Obligasi seri A series A with a principal amount of Rp900,000,000
dengan nilai pokok Rp900.000.000 dan tingkat and interest rate of 8.38% was due on 14
bunga 8,38% telah jatuh tempo dan dilunasi pada December 2018 and had been fully repaid on such
tanggal 14 Desember 2018, sedangkan obligasi seri date, while bonds series B with a principal amount
B dengan nilai pokok Rp2.100.000.000 dan tingkat of Rp2,100,000,000 and interest rate of 9.05% will
bunga 9,05% akan jatuh tempo pada tanggal mature on 14 December 2021.
14 Desember 2021.
Dalam rangka Penawaran Umum Obligasi In regard to the Public Offering of Continuation
Berkelanjutan, Permata bertindak sebagai Wali Bonds, Permata acts as the Trustee or the
Amanat atau badan yang diberi kepercayaan untuk institution that is entrusted to represent the interests
mewakili kepentingan para pemegang obligasi. of the bond holders. As a Trustee, Permata has
Sebagai Wali Amanat, Permata telah menyatakan stated firmly that it is not affiliated with the
dengan tegas bahwa Permata tidak mempunyai Company, either directly or indirectly.
hubungan afiliasi dengan Perusahaan, baik
langsung maupun tidak langsung.
Obligasi tersebut dicatatkan di IDX dan telah The bonds are listed on the IDX and have been
mendapatkan peringkat idA (Stable Outlook) dari rated idA (Stable Outlook) by PT Pemeringkat Efek
PT Pemeringkat Efek Indonesia (“Pefindo”) Indonesia (“Pefindo”) in its rating report released on
berdasarkan laporan pemeringkat pada tanggal 10 September 2019.
10 September 2019.
Dana hasil obligasi digunakan untuk investasi rutin The bonds proceeds were used for routine
di unit-unit bisnis Perusahaan, renovasi dan investments at the Company's business units,
modernisasi pabrik feronikel di Pomalaa serta untuk renovation and modernisation of the ferronickel
pembukaan tambang nikel di Maluku Utara, plant in Pomalaa and for the opening of nickel
Sulawesi Tenggara, dan tambang bauksit di mines in North Maluku, Southeast Sulawesi and a
Kalimantan Barat. bauxite mine in West Kalimantan.


20. UTANG OBLIGASI (lanjutan) 20. BONDS PAYABLE (continued)
Selama jangka waktu obligasi, Perusahaan During the terms of the bonds, the Company has
berkewajiban, antara lain, mempertahankan rasio the obligation to, among other things, meet certain
keuangan tertentu dan mempertahankan financial ratios and maintain the direct and/or
kepemilikan langsung dan/atau tidak langsung oleh indirect shareholding in the Company by the
Pemerintah Republik Indonesia di Perusahaan Government of the Republic of Indonesia at not less
paling sedikit sebesar 51% dari jumlah saham yang than 51% of the number of shares that have been
telah ditempatkan dan disetor penuh oleh issued and fully paid. Without the written consent of
Perusahaan. Tanpa persetujuan tertulis dari Wali the Trustee, the Company will not conduct a merger
Amanat, Perusahaan tidak akan melakukan or acquisition with another company that does not
penggabungan atau peleburan dengan perusahaan comply with the intents and purposes of the
lain yang tidak sesuai dengan maksud dan tujuan Company's AA, unless this is required by applicable
dalam AD Perusahaan, kecuali disyaratkan oleh regulations or court decisions.
peraturan yang berlaku atau putusan pengadilan.
Perusahaan tidak akan: mengurangi modal dasar, The Company will not: reduce its authorised capital,
modal ditempatkan dan modal disetor; issued capital and paid-in capital; pledge assets
menjaminkan aset; memberikan pinjaman atau and provide loans or guarantees to third parties
jaminan kepada pihak ketiga tanpa persetujuan without the written consent of the Trustee.
tertulis dari Wali Amanat. Permohonan persetujuan Application for written consent of the Trustee will
tertulis kepada Wali Amanat tidak akan ditolak not be rejected for no apparent or fair reason.
tanpa alasan yang jelas dan wajar.
Pembatasan keuangan yang dipersyaratkan The financial covenants required under the
berdasarkan Perjanjian Perwaliamanatan adalah Trusteeship Agreement are as follows:
sebagai berikut:
a. Rasio pinjaman yang dikenakan bunga (tidak a. The ratio of total interest-bearing debts
termasuk utang usaha, namun mencakup (excluding trade payables but including syariah
pembiayaan bank syariah) terhadap total funding) to total equity shall not exceed 3
ekuitas tidak lebih dari 3 kali; times;
b. Rasio jumlah dari EBITDA ditambah dengan b. The ratio of the total of EBITDA plus cash on
saldo kas dan bank terhadap jumlah pokok hand and cash in banks to total matured debt
utang jatuh tempo ditambah beban bunga jatuh and interest shall not be less than 1.25 times;
tempo tidak boleh kurang dari 1,25 kali; dan and
c. Ekuitas lebih besar dari Rp7.000.000.000. c. The equity shall be greater than
Rp7,000,000,000.
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, the Company
Perusahaan telah memenuhi seluruh batasan utang complied with all the bond covenants.
obligasi yang diwajibkan.
Pada tanggal 31 Desember 2019, nilai As at 31 December 2019, the fair value of
wajar utang obligasi adalah Rp2.121.420.000 bonds payable was Rp2,121,420,000 (2018:
(2018: Rp2.039.100.000). Nilai wajar ditentukan Rp2,039,100,000). The fair values are based on
berdasarkan harga yang dikeluarkan oleh Indonesia prices released by Indonesia Bonds Pricing Agency
Bonds Pricing Agency (“IBPA”) yang termasuk nilai (“IBPA”) which are within level 1 of the fair value
wajar level 1 pada hirarki nilai wajar. hierarchy.


21. PINJAMAN INVESTASI 21. INVESTMENT LOANS

Mata uang asal/ Setara Rupiah/ Mata uang asal/ Setara Rupiah/
Original Equivalent Original Equivalent
currency to Rupiah currency to Rupiah
Perusahaan/The Company:
Mandiri US$ 122,333,332 1,700,556,875 - -
PT Bank Maybank Indonesia (“Maybank”) US$ 76,500,000 1,063,427,265 US$ 85,500,000 1,238,125,500
PT Bank Negara Indonesia
(Persero) Tbk (“BNI”) US$ 73,800,000 1,025,894,538 US$ 82,000,000 1,187,442,000
PT Bank ICBC Indonesia (“ICBC”) - BCA US$ 51,187,500 711,557,949 US$ 60,125,000 870,670,125
PT Bank Sumitomo Mitsui Indonesia (“BSMI”) US$ 7,322,390 101,788,617 US$ 12,203,982 176,725,863
Lembaga Pembiayaan Ekspor Indonesia
Indonesia (“LPEI”) US$ - - US$ 107,031,250 1,549,919,531
ICBC US$ - - US$ 29,968,750 433,977,469
4,603,225,244 5,456,860,488
Entitas anak/Subsidiaries:
JBIC JPY2,110,212,000 268,541,136 JPY4,215,369,600 552,698,601
Mizuho JPY 984,765,600 127,811,884 JPY1,967,172,480 257,926,015
Sumitomo JPY 422,042,400 53,708,227 JPY 843,073,920 110,539,728
450,061,247 921,164,344
Jumlah/Total 5,053,286,491 6,378,024,832
Unamortised upfront fee (2,361,161) (6,678,293)
Total pinjaman investasi/Total investment loans 5,050,925,330 6,371,346,539
Dikurangi/Less:
Bagian jangka pendek/Current portion (1,585,286,186) (1,121,605,386)
Bagian jangka panjang/Non-current portion 3,465,639,144 5,249,741,153
Nilai wajar atas pinjaman investasi pada tanggal The fair values of the investment loans at the
pelaporan adalah sebagai berikut: reporting dates is as follows:
Mandiri 1,700,556,875 - Mandiri

Maybank 1,063,427,265 1,238,125,500 Maybank
BNI 1,025,894,538 1,187,442,000 BNI
ICBC-BCA 711,557,949 870,670,125 ICBC-BCA
JBIC 268,541,136 552,698,601 JBIC
Mizuho 127,811,884 257,926,015 Mizuho
BSMI 104,521,683 181,229,263 BSMI
Sumitomo 53,708,227 110,539,728 Sumitomo
LPEI - 1,584,227,231 LPEI
ICBC - 443,583,625 ICBC
Nilai wajar pinjaman ditentukan dengan metode The fair value of investment loans are based on
pendiskontoan arus kas dengan tingkat bunga discounted cash flows using a borrowing rate of
3,91% (2018: 4,81%) yang termasuk dalam nilai 3.91% (2018: 4.81%) and are within level 3 of the
wajar level 3 pada hirarki nilai wajar. fair value hierarchy.


21. PINJAMAN INVESTASI (lanjutan) 21. INVESTMENT LOANS (continued)
Informasi yang signifikan terkait dengan pinjaman Significant information related to investment loans
investasi pada tanggal 31 Desember 2019 dan 2018 as at 31 December 2019 and 2018, is as follows:
Tingkat suku
bunga tahunan/ Tanggal jatuh
Kreditur/ Jumlah fasilitas/ Jadwal pembayaran/ Annual interest tempo/
Creditors Facility amount Payment schedule rate Maturity date
BSMI AS$/US$ Cicilan setiap enam bulan/ 4.56% 21 Juni/

34,244,778 Installment every six-months June 2020
(03/07/2013 - 21/06/2020)
LPEI, ICBC AS$/US$ Cicilan setiap triwulan/ 5.25% 06 Juni/

100,000,000 Installment every three-months June 2024
(25/09/2014 – 06/06/2024)
Maybank AS$/US$ Cicilan setiap triwulan/ LIBOR 3M 11 Juni/

100,000,000 Installment every three-months + 2% June 2025
(11/06/2018 - 11/06/2025)
ICBC-BCA AS$/US$ Cicilan setiap triwulan/ LIBOR 3M 27 Desember/

65,000,000 Installment every three-months + 1.79% December 2020
(19/02/2018 - 27/12/2020)
BNI AS$/US$ Cicilan setiap triwulan/ LIBOR 3M 2 Desember/

82,000,000 Installment every three-months + 2% December 2020
(12/12/2018 - 02/12/2020)
Mandiri AS$/US$ Cicilan setiap triwulan/ LIBOR 3M 23 Juni/

129,666,666 Installment every three-months + 1.93% June 2024
(23/09/2019 - 23/06/2024)
Mizuho JPY Cicilan setiap enam bulan/ JPY-LIBOR 15 Desember/

7,371,000,000 Installment every six-months -BBA December 2020
(15/12/2014 - 15/12/2020) + 1.1%
Sumitomo JPY Cicilan setiap enam bulan/ JPY-LIBOR 15 Desember/

3,159,000,000 Installment every six-months -BBA December 2020
(15/12/2014 - 15/12/2020) + 1.1%
JBIC JPY Cicilan setiap enam bulan/ Base rate 15 Desember/

15,795,000 Installment every six-months + 1.35% December 2020
(15/12/2014 - 15/12/2020)


a. BSMI, LPEI, ICBC, ICBC-BCA, BNI, Mandiri a. BSMI, LPEI, ICBC, ICBC-BCA, BNI, Mandiri
berdasarkan perjanjian pinjaman adalah agreement are as follows:
sebagai berikut:
1. Rasio Utang terhadap Ekuitas tidak lebih 1. Debt-to-equity Ratio should not exceed
dari 2,5 kali; 2.5 times;
2. Debt Service Coverage Ratio minimal 1,25 2. Debt Service Coverage Ratio minimum of
kali; dan 1.25 times; and
3. Mempertahankan ekuitas lebih besar dari 3. Maintain equity to be greater than
Rp7.000.000.000. Rp7,000,000,000.
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, the
Perusahaan telah memenuhi seluruh batasan Company complied with all the loan covenants.
pinjaman yang diwajibkan.
Pada tanggal 25 September 2019, Perusahaan As at 25 September 2019, the Company has
telah melakukan pembayaran penuh atas made full repayment of the loans from LPEI
pinjaman dari LPEI dan ICBC menggunakan and ICBC through cash proceeds from the loan
kas yang diperoleh dari pinjaman dari Mandiri. obtained from Mandiri.
b. Maybank b. Maybank
berdasarkan perjanjian pinjaman adalah agreement are as follows:
sebagai berikut:
1. Rasio Utang terhadap Ekuitas tidak lebih 1. Debt-to-equity Ratio should not exceed 3
dari 3 kali; times;
2. Debt Service Coverage Ratio minimal 1,25 2. Debt Service Coverage Ratio minimum of
kali; dan 1.25 times; and
3. Mempertahankan ekuitas lebih besar dari 3. Maintain equity to be greater than
Rp7.000.000.000. Rp7,000,000,000.
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, the
Perusahaan telah memenuhi seluruh batasan Company complied with all the loan covenants.
pinjaman yang diwajibkan.
c. JBIC, Mizuho, Sumitomo c. JBIC, Mizuho, Sumitomo
Pembatasan keuangan yang dipersyaratkan Financial covenants required for ICA under the
bagi ICA berdasarkan perjanjian pinjaman loan agreement are as follows:
1. Minimum penyertaan modal pemegang 1. The minimum equity contribution from the
saham adalah AS$157.500.000; dan shareholder is US$157,500,000; and
2. Rasio dari pinjaman dari fasilitas JBIC dan 2. The ratio of the JBIC loan facility compared
fasilitas pinjaman komersial (Mizuho dan to the commercial loan facility (Mizuho dan
Sumitomo) adalah sama dengan atau lebih Sumitomo) shall equal to or less than 1.5
kecil dari 1,5 kali. times.
Pada tanggal 31 Desember 2019 dan 2018, As at 31 December 2019 and 2018, ICA
ICA telah memenuhi seluruh batasan pinjaman complied with all the loan covenants.
yang diwajibkan.


c. JBIC, Mizuho, Sumitomo (lanjutan) c. JBIC, Mizuho, Sumitomo (continued)
Pada bulan Juni 2011, Perusahaan, ICA dan In June 2011, the Company, ICA and Japan
Japan Oil, Gas and Metals National Oil, Gas and Metals National Corporation
Corporation (“JOGMEC”) menandatangani (“JOGMEC”) signed a guarantee commitment
perjanjian penjaminan dimana JOGMEC setuju agreement whereby JOGMEC agreed to
untuk menjamin 80% atas kewajiban guarantee the payment of 80% of ICA’s
pembayaran ICA kepada Mizuho dan obligations to Mizuho and Sumitomo.
Sumitomo.
ICA setuju untuk membayar biaya jaminan ICA agreed to pay a guarantee fee to JOGMEC
kepada JOGMEC sebesar 0,4% per tahun dari of 0.4% per annum from 80% of the
80% pokok pinjaman yang belum dibayarkan outstanding principal to Mizuho and Sumitomo.
kepada Mizuho dan Sumitomo. Selama tahun During 2019 and 2018, the guarantee fee paid
2019 dan 2018, jumlah biaya jaminan yang by ICA was US$98,890 and US$159,052,
telah dibayarkan oleh ICA adalah sebesar respectively.
masing-masing AS$98.890 dan AS$159.052.
Rincian jaminan sehubungan dengan fasilitas The details of collaterals relating to the the
pinjaman komersial adalah sebagai berikut: commercial loan facility are as follows:
1. Seluruh rekening bank atas nama ICA pada 1. The entire bank accounts of ICA in Mizuho
Mizuho dan BMI; and BMI;
2. Offshore account dan saham ICA yang 2. Offshore account and ICA’s shares owned
dimiliki oleh Perusahaan; by the Company;
3. Hak-hak menurut perjanjian penjaminan 3. Rights under JOGMEC guarantee
JOGMEC; dan commitment; and
4. Jaminan dari Perusahaan serta jaminan 4. Guarantee from the Company and fiduciary
fidusia atas tagihan. over accounts receivable.
22. PROVISI ATAS PENGELOLAAN DAN 22. PROVISION FOR ENVIRONMENTAL AND
REKLAMASI LINGKUNGAN HIDUP RECLAMATION COSTS
Mutasi provisi atas biaya pengelolaan dan The movement in the provision for environmental
reklamasi lingkungan hidup adalah sebagai berikut: and reclamation costs was as follows:

2019 2018* 2018*
Saldo awal 432,143,840 395,494,961 311,636,919 Beginning balance

Realisasi (23,192,850) (20,063,079) (33,104,011) Realisation
Akresi 46,137,358 25,866,164 24,763,682 Accretion
Penambahan 114,952,681 72,013,058 19,309,343 Addition
Perubahan asumsi 53,351,462 (41,167,264) 72,889,028 Changes in assumptions
Saldo akhir 623,392,491 432,143,840 395,494,961 Ending balance
Dikurangi bagian lancar (31,190,755) (25,166,415) (21,650,895) Less current portion
Bagian jangka panjang 592,201,736 406,977,425 373,844,066 Non-current portion


22. PROVISI ATAS PENGELOLAAN DAN 22. PROVISION FOR ENVIRONMENTAL AND
REKLAMASI LINGKUNGAN HIDUP (lanjutan) RECLAMATION COSTS (continued)
Pada setiap tanggal pelaporan, Grup At each reporting date, the Group updates the
menyesuaikan jumlah provisi atas biaya provision for environmental and reclamation cost to
pengelolaan dan reklamasi lingkungan hidup untuk reflect the most recent disturbed area.
mencerminkan luas area terganggu terbaru.
Asumsi utama yang digunakan untuk menentukan The key assumptions used in determining the
provisi atas biaya pengelolaan dan reklamasi provision for environmental and reclamation costs
lingkungan hidup adalah sebagai berikut: was as follows:

2019 2018 2018
Tingkat inflasi 3.30% - 5.00% 3.20% - 5.00% 3.20% - 4.30% Inflation rate
Tingkat diskonto 5.41% - 7.78% 6.81% - 8.65% 5.06% - 7.27% Discount rate
23. MODAL SAHAM DAN TAMBAHAN MODAL 23. SHARE CAPITAL AND ADDITIONAL PAID-IN
DISETOR CAPITAL
Modal saham ditempatkan dan disetor penuh pada The composition of issued and fully paid share
tanggal 31 Desember 2019 dan 2018 adalah capital as at 31 December 2019 and 2018, was as
sebagai berikut: follows:
Jumlah saham
ditempatkan Persentase
dan disetor penuh/ kepemilikan/
Number of shares Percentage of Jumlah/
Pemegang saham issued and fully paid ownership Amount Shareholders
Saham preferen Preferred share

(Saham Seri A Dwiwarna) (Series A Dwiwarna share)
Government of the
Pemerintah Republik Indonesia 1 0% 1 Republic of Indonesia
Saham biasa (Saham Seri B) Common shares (Series B shares)

Inalum 15,619,999,999 65% 1,561,999,999 Inalum
Aprilandi Hidayat Setia (Direktur) 31,000 0% 3,100 Aprilandi Hidayat Setia (Director)
Hartono (Direktur) 12,500 0% 1,250 Hartono (Director)
Masyarakat (masing-masing
kepemilikan di bawah 5%) 8,410,721,225 35% 841,072,123 Public (each below 5%ownership)
Jumlah 24,030,764,725 100% 2,403,076,473 Total
Jumlah saham
ditempatkan Persentase
dan disetor penuh/ kepemilikan/
Number of shares Percentage of Jumlah/
Pemegang saham issued and fully paid ownership Amount Shareholders
Saham preferen Preferred share

(Saham Seri A Dwiwarna) (Series A Dwiwarna share)
Government of the
Pemerintah Republik Indonesia 1 0% 1 Republic of Indonesia
Saham biasa (Saham Seri B) Common shares (Series B shares)

Inalum 15,619,999,999 65% 1,561,999,999 Inalum
Hari Widjajanto (Direktur) 134,785 0% 13,479 Hari Widjajanto (Director)
Tatang Hendra (Direktur) 30,000 0% 3,000 Tatang Hendra (Director)
Dimas Wikan Pramuditho (Direktur) 7,500 0% 750 Dimas Wikan Pramuditho (Director)
Masyarakat (masing-masing
kepemilikan di bawah 5%) 8,410,592,440 35% 841,059,244 Public (each below 5% ownership)
Jumlah 24,030,764,725 100% 2,403,076,473 Total


23. MODAL SAHAM DAN TAMBAHAN MODAL 23. SHARE CAPITAL AND ADDITIONAL PAID-IN
DISETOR (lanjutan) CAPITAL (continued)
Pemegang saham Seri A memperoleh hak istimewa The holder of series A shares has certain special
tertentu sebagai tambahan atas hak yang diperoleh rights in addition to the rights held by the holders of
pemegang saham Seri B. Hak istimewa tersebut series B shares. Those special rights include the
mencakup hak menyetujui (a) penunjukan dan rights to approve (a) the appointment and dismissal
pemberhentian anggota dewan komisaris dan of members of the boards of commissioners and
direksi dan (b) perubahan AD. directors, and (b) amendments to the AA.
Tambahan modal disetor pada tanggal 31 Additional paid-in capital as at 31 December 2019
Desember 2019 dan 2018 adalah sebagai berikut: and 2018, was as follows:
Jumlah/Amount
Kelebihan penerimaan di atas Excess of proceeds from issuance

nilai nominal saham 4,315,106,749 of share capital over par value
Biaya emisi saham (69,103,441) Share issuance costs
Konversi tambahan modal disetor Conversion of additional paid-in
menjadi saham bonus (338,461,475) capital to bonus shares
Selisih lebih atas biaya perolehan Excess of value over cost of
saham simpanan yang treasury shares distributed
didistribusikan sebagai bonus 5,956,658 as bonus
Difference arising from restructuring
Selisih transaksi restrukturisasi transaction of entities
entitas sepengendali 21,334,633 under common control
Jumlah 3,934,833,124 Total
24. PEMBAGIAN LABA TAHUN BERJALAN 24. DISTRIBUTION OF PROFIT FOR THE YEAR
Dalam RUPS tahunan Perusahaan pada tanggal At the Company’s AGMS held on 12 April 2018, the
12 April 2018, para pemegang saham menyetujui shareholders approved the declaration of cash
pembagian dividen kas dari laba bersih tahun 2017 dividends from 2017 net income amounting to
sebesar Rp47.777.374 atau Rp1,99 (nilai penuh) Rp47,777,374 or Rp1.99 (full amount) per share.
per lembar.
Dalam RUPS tahunan Perusahaan pada tanggal At the Company’s AGMS held on 24 April 2019, the
24 April 2019, para pemegang saham menyetujui shareholders approved the declaration of cash
pembagian dividen kas dari laba bersih tahun 2018 dividends from 2018 net income amounting to
sebesar Rp306.048.761 atau Rp12,74 (nilai penuh) Rp306,048,761 or Rp12.74 (full amount) per share.
per lembar.
25. UTANG LAIN-LAIN 25. OTHER PAYABLES

2019 2018* 2018*
Pinjaman dari investor untuk proyek

kerjasama pertambangan Loan from investor for mining
(Catatan 36o) 368,850,000 368,850,000 - cooperation project (Note 36o)
Denda administratif 161,142,729 - - Administrative fine
Pembelian aset tetap 111,044,025 282,834,488 481,506,346 Purchase of fixed assets
Lain-lain 65,537,581 66,403,992 59,654,341 Others
Jumlah 706,574,335 718,088,480 541,160,687 Total


26. PENJUALAN 26. SALES
2019 2018*
Produk: Products:
Emas 22,465,765,167 16,705,790,797 Gold
Feronikel 4,871,430,921 4,688,468,210 Ferronickel
Bijih nikel 3,705,971,174 2,933,820,267 Nickel ore
Bijih bauksit 758,048,012 477,612,605 Bauxite ore
Alumina 547,333,417 - Alumina
Perak 151,961,819 135,974,742 Silver
Batubara 50,406,824 52,628,457 Coal
Logam mulia lainnya 2,212,899 4,724,424 Other precious metals
32,553,130,233 24,999,019,502
Jasa: Services:
Pemurnian logam mulia dan Purification of precious metals
jasa lainnya 165,412,466 276,226,468 and other services
Jumlah 32,718,542,699 25,275,245,970 Total
Rincian penjualan di atas berdasarkan pelanggan The details of the above amounts of sales by
adalah sebagai berikut: customer are as follows:
2019 2018*
Ekspor - pihak ketiga Export - third parties

ICBC Standard Bank PLC. 12,079,526,058 3,857,604,194 ICBC Standard Bank PLC.
Lain-lain (masing-masing dibawah Others (each less than
10% dari total penjualan) 8,773,631,603 7,110,045,638 10% of total sales)
20,853,157,661 10,967,649,832
Lokal - pihak berelasi (Catatan 32) 890,499,611 939,276,792 Domestic - related parties (Notes 32)
Lokal - pihak ketiga Domestic - third parties

Individu - 3,576,258,678 Individual
Lain-lain (masing-masing dibawah Others (each less than
10% dari total penjualan) 10,974,885,427 9,792,060,668 10% of total sales)
10,974,885,427 13,368,319,346
Jumlah 32,718,542,699 25,275,245,970 Total


27. BEBAN POKOK PENJUALAN 27. COST OF GOODS SOLD
Berikut merupakan rekonsiliasi beban pokok The following is the reconciliation of the cost of
penjualan selama tahun berjalan: goods sold for the year:
2019 2018*
Biaya produksi: Production costs:

Pembelian logam mulia 20,863,351,234 15,272,676,697 Purchases of precious metals
Pemakaian bahan bakar 1,732,546,774 1,649,607,717 Fuel used
Pemakaian bahan 1,226,806,300 803,769,312 Materials used
Penyusutan (Catatan 12) 998,591,438 763,148,850 Depreciation (Note 12)
Gaji, upah, bonus dan Salaries, wages, bonuses and
kesejahteraan karyawan 732,448,759 578,014,892 employee benefits
Jasa transportasi dan Transportation and
penambangan bijih 627,019,265 571,138,602 ore mining fees
Royalti 472,793,045 411,558,771 Royalties
Sewa 452,204,541 253,589,443 Rent
Rugi penurunan nilai pabrik alumina 280,260,035 - Loss on impairment of alumina plant
Provisi atas penurunan nilai Provision for impairment of
persediaan, bersih (Catatan 8) 132,993,273 56,471,472 inventories, net (Note 8)
Reklamasi dan penutupan tambang 177,002,177 42,665,352 Reclamation and mine closure
Asuransi 129,772,728 95,236,599 Insurance
Tenaga kerja tidak langsung 128,141,377 115,481,175 Indirect labor
Pemeliharaan dan perbaikan 95,074,780 48,608,989 Maintenance and repairs
Pajak dan retribusi 63,719,601 78,795,010 Tax and retribution
Amortisasi (Catatan 13) 55,915,980 54,832,929 Amortisation (Note 13)
Lain-lain 197,366,154 317,449,886 Others
28,366,007,461 21,113,045,696
Barang dalam proses (Catatan 8): Work-in-process (Note 8):

Awal tahun 106,272,733 43,975,328 Beginning of year
laporan keuangan (2,220,280) - Translation adjustments
Akuisisi entitas anak - 62,316,422 Acquisition of a subsidiary
Akhir tahun (38,480,900) (106,272,733) End of year
65,571,553 19,017
Barang jadi (Catatan 8): Finished goods (Note 8):

Awal tahun 1,377,558,561 785,916,012 Beginning of year
laporan keuangan (3,272,493) - Translation adjustments
Akuisisi anak perusahaan - 91,848,937 Acquisition of a subsidiary
Reklasifikasi persediaan produk Reclassification from product
menjadi bahan baku (170,868,245) - inventories into raw materials
Akhir tahun (1,363,610,492) (1,377,558,561) End of year
(160,192,669) (499,793,612)
Jumlah 28,271,386,345 20,613,271,101 Total
Pada tahun 2019, persediaan bijih nikel tertentu In 2019, certain nickel ore inventory was
direklasifikasi dari persediaan produk ke bahan reclassified from finished good inventory to raw
baku yang akan digunakan dalam proses produksi material to be used in production due to export ban
oleh karena adanya larangan ekspor bijih nikel on nickel ore, effective from the year 2020.
efektif sejak tahun 2020.


27. BEBAN POKOK PENJUALAN (lanjutan) 27. COST OF GOODS SOLD (continued)
Rincian pembelian barang dan jasa per pemasok, Details of purchase of goods and services per
dengan nilai transaksi lebih dari 10% dari jumlah supplier with transactions worth more than 10% of
penjualan adalah sebagai berikut: total sales are as follows:
2019 2018

YLG Bullion Singapore Pte. Ltd 13,183,816,995 8,616,266,549 YLG Bullion Singapore Pte. Ltd
ICBC Standard Bank PLC. 6,611,675,283 5,861,040,653 ICBC Standard Bank PLC.
Jumlah 19,795,492,278 14,477,307,202 Total
28. BEBAN USAHA 28. OPERATING EXPENSES

2019 2018*
Umum dan administrasi: General and administrative:

kesejahteraan karyawan 662,128,138 552,163,161 employee welfare
Penyisihan piutang usaha dan piutang Provision of trade and other
lain-lain, bersih (Catatan 7 dan 9) 142,025,879 56,668,778 receivables, net (Notes 7 and 9)
Sewa 111,595,155 81,227,311 Rent
Jasa profesional 111,310,197 69,169,112 Professional services
Program tanggung jawab sosial Corporate social and environmental
dan lingkungan perusahaan 107,178,663 123,049,053 responsibilities program
Jasa tenaga kerja tidak langsung 106,149,081 99,456,708 Indirect labor services
Perlengkapan kantor 104,843,718 86,838,423 Office supplies
Perjalanan dinas 83,069,588 54,223,858 Business travel
Pemeliharaan dan perbaikan 65,842,209 47,248,359 Maintenance and repairs
Pendidikan dan pelatihan 57,656,012 15,031,290 Education and training
Penyusutan (Catatan 12) 54,307,827 25,871,406 Depreciation (Note 12)
Provisi pajak (Catatan 18e) 47,410,335 - Tax provision (Note 18e)
Rugi penurunan nilai aset 46,465,104 289,944,621 Loss on impairment of assets
Eksplorasi 38,823,944 52,245,899 Exploration
Keamanan 35,325,862 32,441,096 Security
Lain-lain 273,003,792 201,148,867 Others
Jumlah 2,047,135,504 1,786,727,942 Total
Penjualan dan pemasaran: Selling and marketing:

Pengapalan dan asuransi 563,598,810 501,385,553 Freight and insurance
Biaya ekspor 344,807,346 273,978,880 Export expenses
Pajak ekspor bijih 317,780,987 219,229,666 Ore export duty
Jasa transportasi 109,149,304 247,665,219 Transportation fees
kesejahteraan karyawan 54,200,559 32,200,967 employee welfare
Penyusutan (Catatan 12) 1,194,671 92,791 Depreciation (Note 12)
dibawah Rp20.000.000) 53,674,355 44,537,075 Rp20,000,000)
Jumlah 1,444,406,032 1,319,090,151 Total


29. BEBAN KEUANGAN DAN PENDAPATAN 29. FINANCE COSTS AND FINANCE INCOME
KEUANGAN
2019 2018*
Pendapatan keuangan Finance income

Pendapatan bunga dari Interest income on
deposito jangka pendek 96,157,723 163,547,193 short-term bank deposits
Amortisasi diskonto atas nilai piutang Unwinding of discounting impact on
usaha dan piutang lain-lain 24,288,438 97,298,398 trade and other receivables
Jumlah 120,446,161 260,845,591 Total
Beban keuangan Finance costs

Beban bunga dari pinjaman Interest expenses from
bank jangka panjang (271,130,175) (217,896,608) investment loan
Beban bunga dari pinjaman
utang obligasi (190,713,077) (266,436,906) Interest expenses from bonds payable
Beban bunga dari pinjaman Interest expenses from
bank jangka pendek (67,562,788) (51,670,613) short-term bank loans
Akresi dari provisi atas pengelolaan Accretion from provision for
dan reklamasi lingkungan environmental and reclamation
hidup (Catatan 22) (46,137,358) (25,866,164) costs (Note 22)
Laba/(rugi) selisih kurs dari pinjaman Gain/(loss) on foreign exchange from
bank jangka pendek dan pinjaman short-term bank loans and
investasi (Catatan 38b) 312,988,008 (538,605,795) investment loans (Note 38b)
Efek diskonto atas nilai piutang Discounting impact on trade and
usaha dan piutang lain-lain - (38,369,359) other receivables
(262,555,390) (1,138,845,445)
Dikurangi: kapitalisasi ke aset kualifikasi 29,194,814 8,358,847 Less: capitalised on qualifying assets
Jumlah (233,360,576) (1,130,486,598) Total
30. PENGHASILAN LAIN-LAIN, BERSIH 30. OTHER INCOME, NET
2019 2018*
Keuntungan bersih atas pelepasan aset 64,851,176 - Net gain on disposals of assets
Penerimaan dari klaim asuransi 42,969,063 21,919,500 Income from insurance claims
Penerimaan dari denda
keterlambatan proyek - 35,919,913 Income from liquidated damages
Lain-lain, bersih 60,330,890 26,363,580 Others, net
Penghasilan lain-lain, bersih 168,151,129 84,202,993 Other income, net


31. LIABILITAS IMBALAN KARYAWAN 31. EMPLOYEE BENEFITS LIABILITY
Liabilitas imbalan karyawan jangka pendek Short-term employee benefits liability
Liabilitas imbalan karyawan jangka pendek meliputi Short-term employee benefits liability comprises
gaji dan insentif yang masih harus dibayar kepada accrued salaries and incentives for employees
karyawan dalam periode kurang dari satu tahun. which will be due in less than one year.
Liabilitas imbalan karyawan jangka panjang Long-term employee benefits liabilities
Liabilitas imbalan karyawan jangka panjang pada The long-term employee benefits liabilities as at 31
tanggal 31 Desember 2019 dan 2018 dihitung December 2019 and 2018 were calculated in
berdasarkan PSAK 24 “Imbalan Kerja” oleh aktuaris accordance with SFAS 24 “Employee Benefits” by
independen, PT Binaputera Jaga Hikmah, seperti an independent actuary, PT Binaputera Jaga
yang disajikan pada laporannya tertanggal 6 Maret Hikmah, as stated in its reports dated 6 March 2020
2020 dan 14 Januari 2019. and 14 January 2019.
Rincian kewajiban imbalan kerja jangka panjang The details of long-term employee benefits
adalah sebagai berikut: obligations are as follows:

2019 2018* 2018*
Imbalan pensiun 41,782,748 27,695,463 23,378,799 Pension benefits

Imbalan kesehatan pascakerja 143,365,102 - - Post-employment medical benefits
Imbalan pascakerja lainnya 410,379,897 375,472,543 378,551,262 Other post-employment benefits
Imbalan kerja jangka panjang lainnya 9,449,142 9,133,495 9,767,404 Other long-term employee benefits
Jumlah 604,976,889 412,301,501 411,697,465 Total
Rincian beban imbalan karyawan jangka panjang The details of long-term employee benefit expenses
adalah sebagai berikut: are as follows:
2019 2018*
Imbalan pensiun 5,831,254 (8,676,036) Pension benefits

Program pensiun iuran pasti 52,774,322 11,491,383 Defined contribution pension plans
Imbalan kesehatan pascakerja 5,450,018 6,619,682 Post-employment medical benefits
Imbalan pascakerja lainnya 58,929,505 52,728,045 Other post-employment benefits
Imbalan kerja jangka panjang lainnya 4,044,039 3,492,153 Other long-term employee benefits
Jumlah 127,029,138 65,655,227 Total
Rincian pengukuran kembali atas kewajiban The details of remeasurement of employee benefit
imbalan karyawan adalah sebagai berikut: obligations are as follows:
2019 2018
Imbalan pensiun (15,218,575) (17,354,539) Pension benefits

Imbalan kesehatan pascakerja (141,357,570) 3,375,091 Post-employment medical benefits
Imbalan pascakerja lainnya (12,051,155) 8,770,048 Other post-employment benefits
Jumlah (168,627,300) (5,209,400) Total


31. LIABILITAS IMBALAN KARYAWAN (lanjutan) 31. EMPLOYEE BENEFITS LIABILITY (continued)

a. Imbalan pensiun a. Pension benefits
Perusahaan memperoleh persetujuan dari The Company received approval from the
Menteri Keuangan Republik Indonesia dengan Minister of Finance (“MoF”) of the Republic of
SK No. Kep-369/KM.17/1997 tanggal 15 Juli Indonesia in his Decision Letter No.
1997 yang telah diubah dengan SK No. Kep-369/KM.17/1997 dated 15 July 1997 as
Kep-348/KM.17/2000 tanggal 11 September amended by Decision Letter No.
2000 untuk mendirikan Dana Pensiun Antam, Kep-348/KM.17/2000 dated 11 September
yang dikelola oleh pengurus yang terpisah, 2000, to establish a separate trustee-
dimana karyawan tetap yang diangkat sebelum administered pension fund, Dana Pensiun
Januari 2007, setelah memenuhi persyaratan Antam, from which permanent employees
masa kerja tertentu, berhak memperoleh hired prior to January 2007, after serving a
imbalan pasti pada saat pensiun, cacat atau qualifying period, are entitled to receive
meninggal dunia. defined benefits upon retirement, disability or
death.
Jumlah yang diakui di laporan posisi keuangan The amounts recognised in consolidated
konsolidasian sebagai berikut: statement of financial position were as follows:

2019 2018 2018
Nilai kini kewajiban yang didanai 1,008,639,697 935,354,814 918,749,205 Present value of funded obligations
Nilai wajar dari aset program (1,092,609,491) (1,121,716,031) (1,172,095,205) Fair value of plan assets
Surplus pendanaan pada aset Unrecognised surplus on
program yang tidak diakui 83,969,794 186,361,217 253,346,000 plan assets
Defisit program yang didanai - - - Deficit of funded plans

Nilai kini kewajiban yang tidak Present value of unfunded obligations
didanai dari entitas anak 41,782,748 27,695,463 23,378,799 of subsidiaries
Jumlah 41,782,748 27,695,463 23,378,799 Total



a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)

Mutasi kewajiban imbalan pasti dan nilai wajar The movement in the defined benefits
aset program adalah sebagai berikut: obligation and fair value of plan assets is as
follows:
Surplus
pendanaan
pada aset
Nilai kini Nilai wajar program yang
kewajiban/ aset program/ tidak diakui/
Present Fair value Unrecognised
value of of plan Jumlah/ surplus on Jumlah/
obligation assets Total plan assets Total
Per 1 Januari 2018 942,128,004 (1,172,095,205) (229,967,201) 253,346,000 23,378,799 As at 1 January 2018
Biaya jasa kini 10,684,452 - 10,684,452 - 10,684,452 Current service cost

Biaya jasa lalu (2,053,285) - (2,053,285) - (2,053,285) Past service cost
Biaya bunga 66,311,360 - 66,311,360 - 66,311,360 Interest costs
Hasil pengembangan
aset program - (83,618,563) (83,618,563) - (83,618,563) Return on plan assets
74,942,527 (83,618,563) (8,676,036) - (8,676,036)

Pengukuran kembali: Remeasurements:
- (Laba)/rugi dari perubahan (Gain)/loss from change in -
asumsi keuangan (15,543,315) 74,467,510 58,924,195 - 58,924,195 financial assumptions
- Penyesuaian pengalaman 25,415,127 - 25,415,127 - 25,415,127 Experience adjustments -
- Perubahan pada
pembatasan aset - - - (66,984,783) (66,984,783) Change in asset ceiling -
9,871,812 74,467,510 84,339,322 (66,984,783) 17,354,539

Kontribusi: Contributions:
- Pemberi kerja - (5,740,482) (5,740,482) - (5,740,482) Employers -
- Karyawan - (942,300) (942,300) - (942,300) Employees -
- (6,682,782) (6,682,782) - (6,682,782)
Pembayaran manfaat dari: Benefit paid by:

- Aset program (66,213,009) 66,213,009 - - - Plan assets -
- Grup (1,374,754) - (1,374,754) - (1,374,754) Group -
(67,587,763) 66,213,009 (1,374,754) - (1,374,754)
Akuisisi anak perusahaan 3,695,697 - 3,695,697 - 3,695,697 Acquisition of a subsidiary
Per 31 Desember 2018 963,050,277 (1,121,716,031) (158,665,754) 186,361,217 27,695,463 As at 31 December 2018

Biaya jasa lalu 1,577,303 - 1,577,303 - 1,577,303 Past service cost
Biaya bunga 82,460,679 - 82,460,679 - 82,460,679 Interest costs
Hasil pengembangan
aset program - (97,125,005) (97,125,005) - (97,125,005) Return on plan assets
102,956,259 (97,125,005) 5,831,254 - 5,831,254

- Rugi dari perubahan Loss from change in -
asumsi keuangan 12,735,341 65,383,865 78,119,206 - 78,119,206 financial assumptions
- Perubahan pada
pembatasan aset - - - (102,391,423) (102,391,423) Change in asset ceiling -
52,226,133 65,383,865 117,609,998 (102,391,423) 15,218,575
- Karyawan - (927,198) (927,198) - (927,198) Employees -
- (6,575,686) (6,575,686) - (6,575,686)
Pembayaran manfaat dari: Benefit paid by:

- Aset program (67,423,366) 67,423,366 - - - Plan assets -
- Grup (386,858) - (386,858) - (386,858) Group -
(67,810,224) 67,423,366 (386,858) - (386,858)
Per 31 Desember 2019 1,050,422,445 (1,092,609,491) (42,187,046) 83,969,794 41,782,748 As at 31 December 2019



Pada tanggal pelaporan, aset program terdiri As at the reporting dates, plan assets
dari: comprised the following:
Nilai wajar/ Nilai wajar/
Fair value % Fair value %
Instrumen utang 351,198,028 32% 385,249,003 34% Debt instruments
Instrumen ekuitas 136,674,153 13% 126,496,359 11% Equity instruments
Properti 453,031,662 41% 452,042,000 40% Property
Reksadana 79,220,198 7% 91,534,987 8% Mutual fund
Lain-lain 72,485,450 7% 66,393,682 7% Others
Jumlah 1,092,609,491 100% 1,121,716,031 100% Total
Pada tanggal 31 Desember 2019, aset program As at 31 December 2019, the plan assets
termasuk investasi di saham Perusahaan yang included investments in shares of the
mempunyai nilai wajar sebesar Rp7.562.520 Company with fair value of Rp7,562,520 (2018:
(2018: Rp6.887.295). Rp6,887,295).
Asumsi utama yang digunakan untuk The principal assumptions used in determining
menentukan kewajiban imbalan pensiun the pension benefits obligation were as follows:
karyawan adalah sebagai berikut:

Kenaikan penghasilan Future pension basic
dasar pensiun 8.00% 8.00% income increase
Tingkat mortalitas - karyawan aktif Mortality rate - active
karyawan aktif TMI 4 (2019) TMI 3 (2011) employees
Tingkat mortalitas - pensiunan Group Annuity Mortality 1971 Group Annuity Mortality - 1971 Mortality rate - pensioners
Usia pensiun normal 56 tahun/years 56 tahun/years Normal retirement age
Sensitivitas dari liabilitas imbalan pensiun The sensitivity of the pension benefits
terhadap perubahan asumsi utama pada obligation to changes in the key assumptions
tanggal 31 Desember 2019 adalah sebagai as at 31 December 2019 is as follows:
berikut:
Dampak terhadap liabilitas
Perubahan asumsi/ secara keseluruhan/
Changes in assumptions Impact on overall liability
Tingkat diskonto/ Kenaikan/Increase by 1% Turun/Decrease by Rp9,072,628

Discount rate Penurunan/Decrease by 1% Naik/Increase by Rp9,885,155
Kenaikan penghasilan dasar pensiun/ Kenaikan/Increase by 1% Naik/Increase by Rp7,699,022

Future pension basic income increase Penurunan/Decrease by 1% Turun/Decrease by Rp7,181,972



Melalui program pensiun imbalan pasti, Through its defined benefits pension plan,
program imbalan kesehatan pascakerja post-employment medical benefits plan (Note
(Catatan 31c) dan program imbalan pascakerja 31c) and other post-employment benefits plan
lainnya (Catatan 31d), Grup terekspos oleh (Note 31d), the Group is exposed to a number
sejumlah risiko yang termasuk, namun tidak of risks which include, but are not limited to, the
terbatas pada, hal berikut: following:
- Liabilitas program dihitung menggunakan - The plan liabilities are calculated using a
tingkat diskonto dengan mengacu pada discount rate set with reference to
tingkat pengembalian obligasi pemerintah. government bond yields. If plan assets
Jika hasil aset program tidak sebaik tingkat underperform this yield, this will create a
pengembalian ini, maka akan terjadi defisit deficit.
atas program.
- Penurunan tingkat pengembalian obligasi - A decrease in government bond yield will

pemerintah akan meningkatkan liabilitas increase plan liabilities, although this will
program, walaupun dampak dari risiko ini be partially offset by an increase in the
sebagian akan termitigasi dengan value of debt instruments of the plan
peningkatan nilai instrumen hutang di assets.
dalam aset program.
Grup secara aktif memonitor kesesuaian antara The Group actively monitors how the duration
durasi dan tingkat pengembalian yang and the expected yield of the investments are
diharapkan dari investasi dengan arus kas matching the expected cash outflows arising
keluar yang diharapkan dari kewajiban from the pension obligations. The Group has
pensiun. Tidak terdapat perubahan dari proses not changed the processes used to manage its
pengelolaan risiko yang dilakukan Grup jika risks from previous years. The Group does not
dibandingkan dengan tahun sebelumnya. Grup use derivatives to manage its risk. Investment
tidak menggunakan derivatif untuk mengelola are well-diversified, so that the failure of any
risikonya. Investasi terdiversifikasi dengan single investments would not have a material
baik, sehingga gagalnya suatu investasi tidak impact on the overall assets. DPPK Antam
akan berdampak material terhadap aset secara spreads its investments in high liquid
keseluruhan. Portofolio investasi DPPK Antam investments, investments traded in active
tersebar secara pada investasi dengan market, private equity instruments and
likuiditas tinggi, investasi yang diperdagangkan property.
pada pasar aktif, instrumen ekuitas swasta dan
properti.
Pada tanggal 31 Desember 2019, rata-rata As at 31 December 2019, the weighted

durasi kewajiban imbalan pensiun pasti adalah average duration of the defined pension benefit
7,82 tahun (2018: 8,33 tahun). obligation is 7.82 years (2018: 8.33 years).
Analisa jatuh tempo yang diharapkan dari Expected maturity analysis of undiscounted
kewajiban imbalan pensiun yang tidak pension benefits obligation is as follow:
terdiskonto adalah sebagai berikut:
Kurang dari 1-2 tahun/ 2-5 tahun/ 5-10 tahun/
1 tahun/Less Between Between Between Jumlah/
than a year 1-2 years 2-5 years 5-10 years Total
Imbalan pensiun 70,411,251 94,956,830 244,381,996 390,545,052 800,295,129 Pension benefits



b. Program pensiun iuran pasti b. Defined contribution pension plans
Perusahaan juga menyelenggarakan program The Company also has the following defined
pensiun iuran pasti berikut: contribution pension plans:
- Untuk karyawan tetap yang diangkat sejak - For permanent employees hired
Januari 2007, program dikelola oleh PT beginning January 2007, the programme
BNI Life Insurance (“BNI Life”). is managed by PT BNI Life Insurance
(“BNI Life”).
- Untuk semua karyawan tetap, program - For all permanent employees, the
dikelola oleh Dana Pensiun Lembaga programme is managed by Dana Pensiun
Keuangan PT Asuransi Jiwasraya Lembaga Keuangan PT Asuransi
(Persero) (“DPLK Jiwasraya”). Program ini Jiwasraya (Persero) (“DPLK Jiwasraya”).
adalah tambahan manfaat yang diberikan This programme is an additional benefit
Perusahaan untuk karyawan yang ikut provided by the Company for employees
serta baik dalam program imbalan pensiun entitles to either the pension benefits
(Catatan 31a) yang dikelola Dana Pensiun programme (Note 31a) managed by Dana
Antam maupun program pensiun iuran Pensiun Antam or the defined contribution
pasti yang dikelola BNI Life. pension plan managed by BNI Life.
Besaran kontribusi Perusahaan dan karyawan The contribution level of the Company and
atas program pensiun iuran pasti adalah employees for the defined contribution pension
sebagai berikut: plans as follows:
- BNI Life: Perusahaan dan karyawan - BNI Life: the Company and employees
mengkontribusikan masing-masing contribute 36.73% and 5%, respectively,
sebesar 36.73% dan 5% dari dua kali twice of employees’ pension basic salary.
penghasilan dasar pensiun karyawan.
- DPLK Jiwasraya: Perusahaan dan - DPLK Jiwasraya: the Company and

karyawan mengkontribusikan masing- employees contribute 15% and 0%,
masing sebesar 15% dan 0% dari upah respectively, of employees’ salary.
karyawan.
Jumlah kontribusi yang dibayarkan untuk tahun Total contributions paid to DPLK Jiwasraya
yang berakhir 31 Desember 2019 kepada and BNI Life for the year ended 31 December
masing-masing DPLK Jiwasraya dan BNI Life 2019 was Rp46,242,508 (2018: Rp5,379,845)
adalah Rp46.242.508 (2018: Rp5.379.845) dan and Rp6,531,814 (2018: Rp6,111,538),
Rp6.531.814 (2018: Rp6.111.538). respectively.
c. Imbalan kesehatan pascakerja c. Post-employment medical benefits
Perusahaan membiayai program imbalan The Company sponsors a post-employment

kesehatan pascakerja. Metode akuntansi dan medical benefits scheme. The method of
frekuensi penilaian dari imbalan ini sama accounting and the frequency of valuations are
seperti yang digunakan pada program pensiun similar to those used for defined benefit
imbalan pasti. pension schemes.



c. Imbalan kesehatan pascakerja (lanjutan) c. Post-employment medical benefits

(continued)
Jumlah yang diakui di laporan posisi keuangan The amounts recognised in the consolidated
konsolidasian ditentukan sebagai berikut: statement of financial position were
determined as follows:
2019 2018 2018
Nilai kini kewajiban yang didanai 1,228,370,099 1,040,972,845 1,126,035,742 Present value of funded obligations
Nilai wajar dari aset program (1,085,004,997) (1,097,612,354) (1,157,049,630) Fair value of plan assets
Surplus pendanaan pada aset Unrecognised surplus on
program yang tidak diakui - 56,639,509 31,013,888 plan assets
Jumlah 143,365,102 - - Total
Mutasi kewajiban imbalan pasti dan nilai wajar The movement in the defined benefits
aset program adalah sebagai berikut: obligation and fair value of plan assets is as
follows:
Surplus
pendanaan
pada aset
Nilai kini Nilai wajar program yang
kewajiban/ aset program/ tidak diakui/
Present Fair value Unrecognised
value of of plan Jumlah/ surplus on Jumlah/
obligation assets Total plan assets Total
Per 1 Januari 2018 1,126,035,742 (1,157,049,630) (31,013,888) 31,013,888 - As at 1 January 2018

Biaya bunga dan hasil
pengembangan Interest cost and return
aset program 79,892,815 (82,281,784) (2,388,969) - (2,388,969) on plan assets
88,901,466 (82,281,784) 6,619,682 - 6,619,682

- (Laba)/rugi dari perubahan (Gain)/loss from change -
asumsi keuangan (181,359,704) 75,755,974 (105,603,730) 25,625,621 (79,978,109) in financial assumptions
(104,756,686) 75,755,974 (29,000,712) 25,625,621 (3,375,091)
- Karyawan - (1,081,531) (1,081,531) - (1,081,531) Employees -
- (3,244,591) (3,244,591) - (3,244,591)
Pembayaran manfaat Benefits paid by

dari aset program (69,207,677) 69,207,677 - - - plan assets
Per 31 Desember 2018 1,040,972,845 (1,097,612,354) (56,639,509) 56,639,509 - As at 31 December 2018

Biaya bunga dan hasil
pengembangan Interest cost and return
aset program 89,717,039 (94,911,146) (5,194,107) - (5,194,107) on plan assets
100,361,164 (94,911,146) 5,450,018 - 5,450,018

- Rugi dari perubahan Loss from change -
asumsi keuangan 141,560,749 45,128,529 186,689,278 (56,639,509) 130,049,769 in financial assumptions
152,868,550 45,128,529 197,997,079 (56,639,509) 141,357,570
- Karyawan - (1,147,495) (1,147,495) - (1,147,495) Employees -
- (3,442,486) (3,442,486) - (3,442,486)
Pembayaran manfaat Benefits paid by

dari aset program (65,832,460) 65,832,460 - - - plan assets
Per 31 Desember 2019 1,228,370,099 (1,085,004,997) 143,365,102 - 143,365,102 As at 31 December 2019



c. Imbalan kesehatan pascakerja (lanjutan) c. Post-employment medical benefits

(continued)
Pada tanggal pelaporan, aset program terdiri As at the reporting dates, plan assets comprise
dari: the following:
Nilai wajar/ Nilai wajar/
Fair value % Fair value %
Instrumen ekuitas 174,846,044 16% 197,799,277 18% Equity instruments

Instrumen utang 491,276,523 45% 385,067,062 35% Debt instruments
Reksadana 277,626,043 26% 215,012,599 20% Mutual fund
Lain-lain 141,256,387 13% 299,733,416 27% Others
Jumlah 1,085,004,997 100% 1,097,612,354 100% Total
Pada tanggal 31 Desember 2019, aset program As at 31 December 2019, the plan assets does
tidak termasuk investasi di saham Perusahaan. not include shares of the Company.
menentukan kewajiban imbalan kesehatan the post-employment medical benefits
pascakerja adalah sebagai berikut: obligation were as follows:

Kenaikan biaya kesehatan 6.00% 6.00% Health cost increase
Tingkat mortalitas - karyawan aktif Mortality rate - active
karyawan aktif TMI 4 (2019) TMI 3 (2011) employees
Tingkat mortalitas - pensiunan Group Annuity Mortality 1971 Group Annuity Mortality - 1971 Mortality rate - pensioners
Sensitivitas dari liabilitas imbalan kesehatan The sensitivity of the post-employment medical
pascakerja terhadap perubahan asumsi utama benefits obligation to changes in the key
pada tanggal 31 Desember 2019 adalah assumptions as at 31 December 2019 is as

Kenaikan biaya kesehatan/ Kenaikan/Increase by 1% Naik/Increase by Rp168,169,213

Health cost increase Penurunan/Decrease by 1% Turun/Decrease by Rp134,320,004

durasi kewajiban imbalan kesehatan average duration of the post-employment
pascakerja adalah 15,44 tahun (2018: 13,17 medical benefits obligation was 15.44 years
tahun). (2018: 13.17 years).
kewajiban imbalan kesehatan pascakerja yang post-employment medical benefits obligation is
tidak terdiskonto adalah sebagai berikut: as follow:
Kurang dari 1-2 tahun/ 2-5 tahun/ 5-10 tahun/
1 tahun/Less Between Between Between Jumlah/
than a year 1-2 years 2-5 years 5-10 years Total
Imbalan kesehatan Post-employment

pascakerja 67,769,117 69,762,745 221,845,171 415,440,671 774,817,704 medical benefits



d. Imbalan pascakerja lainnya d. Other post-employment benefits
Mutasi kewajiban imbalan pasti adalah sebagai The movement in the defined benefit obligation
berikut: is as follows:
December 2019 December 2018*
Biaya jasa kini 28,978,835 27,293,945 Current service costs

Beban bunga 29,950,670 25,434,100 Interest costs
58,929,505 52,728,045
Pengukuran kembali 12,051,155 (8,770,048) Remeasurements
Pembayaran manfaat (36,073,306) (47,036,716) Benefit payments
menentukan kewajiban imbalan pascakerja the other post-employment benefits obligation
lainnya adalah sebagai berikut: were as follows:

Kenaikan upah 5.00% 5.00% Salary increase
Tingkat mortalitas TMI 4 (2019) TMI 3 (2011) Mortality rate
Sensitivitas dari liabilitas imbalan pascakerja The sensitivity of the other post-employment
lainnya terhadap perubahan asumsi utama benefits obligation to changes in the key
pada tanggal 31 Desember 2019 adalah assumptions as at 31 December 2019 is as


Kenaikan upah/ Kenaikan/Increase by 1% Naik/Increase by Rp24,093,251

Salary increase Penurunan/Decrease by 1% Turun/Decrease by Rp21,991,022

durasi kewajiban imbalan pascakerja lainnya average duration of the other post-employment
adalah 16,26 tahun (2018: 15,52 tahun). benefits obligation was 16.26 years (2018:
15.52 years).



d. Imbalan pascakerja lainnya (lanjutan) d. Other post-employment benefits (continued)
imbalan pascakerja lainnya yang tidak other post-employment benefits obligation is
terdiskonto adalah sebagai berikut: as follows:
Kurang dari 1-2 tahun/ 2-5 tahun/ Lebih dari
1 tahun/Less Between Between 5 tahun/ Jumlah/
than a year 1-2 years 2-5 years Over 5 years Total
Imbalan pascakerja lainnya 43,461,935 44,423,559 141,887,209 1,940,807,376 2,170,580,079 Other post-employment benefits
e. Imbalan kerja jangka panjang lainnya e. Other long-term employee benefits
Metode akuntansi dan frekuensi penilaian dari The method of accounting and the frequency
imbalan kerja jangka panjang lainnya sama of valuations of other long-term employee
seperti yang digunakan pada program pensiun benefits are similar to those used for defined
imbalan pasti. benefit pension schemes.
menentukan kewajiban imbalan pascakerja the other post-employment benefits obligation
lainnya adalah sebagai berikut: were as follows:

Tingkat kenaikan harga emas 4.00% 4.00% Gold price increase
Harga emas/gram 762 667 Gold price/gram
Mutasi kewajiban imbalan pasti adalah sebagai The movement in the defined benefit obligation
berikut: is as follows:
December 2019 December 2018*
Biaya jasa kini 3,442,870 2,946,684 Current service costs

Beban bunga 601,169 545,469 Interest costs
4,044,039 3,492,153
Pembayaran manfaat (3,728,392) (4,126,062) Benefit payments

durasi kewajiban imbalan kerja jangka panjang average duration of the other long-term
lainnya adalah 16,26 tahun (2018: 15,52 employee benefits obligation was 16.26 years
tahun). (2018: 15.52 years).


32. SIFAT DAN TRANSAKSI DENGAN PIHAK 32. NATURE OF RELATIONSHIPS AND
BERELASI DAN ENTITAS BERELASI DENGAN TRANSACTIONS WITH RELATED PARTIES
PEMERINTAH AND GOVERNMENT-RELATED ENTITIES
Perusahaan utamanya dikendalikan oleh The Company is ultimately controlled by the

Pemerintah Republik Indonesia melalui Inalum. Government of the Republic of Indonesia through
Inalum.
Sifat transaksi dan hubungan dengan pihak-pihak The nature of transactions and relationships with
yang berelasi entitas berelasi dengan Pemerintah related parties and Government-related entities are
Pihak berelasi dan entitas berelasi
dengan Pemerintah/Related parties Sifat hubungan/ Sifat transaksi/
and Government-related entities Nature of relationships Nature of transactions
Dana Pensiun Antam Entitas sepengendali/ Penyelenggara program imbalan pensiun/

Entity under common control Provider of pension benefits
Yayasan Kesehatan Pensiunan Antam Entitas sepengendali/ Penyelenggara program imbalan kesehatan
(“Yakespen Antam”) Entity under common control pascakerja/Provider of post-employment
medical benefits
BNI Life Entitas sepengendali/ Penyelenggara program pensiun iuran pasti/

Entity under common control Provider of defined contribution pension
Plans
DPLK Jiwasraya Entitas sepengendali/ Penyelenggara program pensiun iuran pasti/

Entity under common control Provider of defined contribution pension
Plans
Dewan Komisaris dan Direksi/Boards Manajemen kunci/Key management personnel Gaji dan imbalan kerja/Salaries and
of Commissioners and Directors employee benefits
Inalum Pemegang saham mayoritas/ Dividen/Dividend

Majority shareholder
PT Timah Tbk Entitas sepengendali/ Pelanggan logam mulia/Customer of precious

Entity under common control metal
PT Bukit Asam Tbk Entitas sepengendali/ Pelanggan logam mulia/Customer of precious

Entity under common control metal
PT Adhi Karya (Persero) Tbk Entitas berelasi dengan Pemerintah/ Jasa konstruksi/Construction services
Government-related entity
Mandiri Entitas berelasi dengan Pemerintah/ Bank dan deposito berjangka dan jaminan atas
Government-related entity pembelian bahan bakar dari Pertamina/
Cash in bank and time deposits and
guarantee for fuel purchases from
Pertamina
BNI Entitas berelasi dengan Pemerintah/ Bank dan deposito berjangka, pelanggan
Government-related entity logam mulia/Cash in bank and time
deposits, customer of precious metal
BRI Entitas berelasi dengan Pemerintah/ Bank dan deposito berjangka dan pelanggan
Government-related entity logam mulia/Cash in bank and time
deposits, customer of precious metal
PT Bank Tabungan Negara Entitas berelasi dengan Pemerintah/ Deposito berjangka/Time deposits
(Persero) Tbk (“BTN”) Government-related entity
PT Bank Syariah Mandiri (“BSM”) Entitas berelasi dengan Pemerintah/ Bank, pelanggan logam mulia/Cash in bank
Government-related entity customer of precious metal
PT Barata Indonesia (Persero) Entitas berelasi dengan Pemerintah/ Pembelian barang dan jasa untuk
Government-related entity kegiatan produksi/Purchases of goods
and services for production activities
PT Dahana (Persero) Entitas berelasi dengan Pemerintah/ Pembelian barang untuk kegiatan produksi/
Government-related entity Purchases of goods for production activities
PT Pelindo II (Persero) Entitas berelasi dengan Pemerintah/ Jasa pengangkutan nikel/Transportation

Government-related entity service of nickel
PT Djakarta Lloyd (Persero) Entitas berelasi dengan Pemerintah/ Jasa pengangkutan nikel/Transportation
Government-related entity service of nickel


PEMERINTAH (lanjutan) AND GOVERNMENT-RELATED ENTITIES
(continued)
Sifat transaksi dan hubungan dengan pihak-pihak The nature of transactions and relationships with
yang berelasi entitas berelasi dengan Pemerintah related parties and Government-related entities are
adalah sebagai berikut: (lanjutan) as follows: (continued)
Pihak berelasi dan entitas berelasi
dengan Pemerintah/Related parties Sifat hubungan/ Sifat transaksi/
and Government-related entities Nature of relationships Nature of transactions
PT Garuda Indonesia (Persero) Tbk Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
Government-related entity metal
PT Semen Indonesia (Persero) Tbk Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Pos Indonesia (Persero) Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Biro Klasifikasi Indonesia (Persero) Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Pegadaian (Persero) Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Krakatau Steel (Persero) Tbk Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Pupuk Sriwidjaja Palembang Entitas anak dari Badan Usaha Milik Pelanggan logam mulia/Customer of precious
Negara (“BUMN”) yang dikendalikan metal
Pemerintah/State Owned Enterprise (“SoE”)’s
subsidiaries controlled by the Government
PT Perusahaan Gas Negara Tbk Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Pertamina (Persero) Entitas berelasi dengan Pemerintah/ Pembelian barang dan jasa untuk kegiatan
Government-related entity produksi, pelanggan logam mulia/Purchases
of goods and services for production
activities, customer of precious metal
PT Perusahaan Perdagangan Entitas berelasi dengan Pemerintah/ Pembelian barang untuk kegiatan produksi/
Indonesia (Persero) Government-related entity Purchases of goods for production activities
PT Nindya Karya (Persero) Entitas berelasi dengan Pemerintah/ Pembelian barang untuk kegiatan produksi/
PT Wijaya Karya (Persero) Tbk (”Wika”) Entitas berelasi dengan Pemerintah/ Pembelian barang untuk kegiatan produksi/
BUMD Perdana Cipta Mandiri Entitas berelasi dengan Pemerintah/ Jasa pengangkutan/Transportation service
PT Pelindo (Persero) Tbk Entitas berelasi dengan Pemerintah/ Jasa pengangkutan/Transportation service
PT Jasa Marga (Persero) Tbk Entitas berelasi dengan Pemerintah/ Pelanggan logam mulia/Customer of precious
PT Reksa Griya Antam Entitas anak Dana Pensiun Antam/ Penyewaan ruang kantor, jasa pemeliharaan
Subsidiary of Dana Pensiun Antam dan kebersihan/Rental of office space,
maintenance and cleaning services
NHM Entitas asosiasi Perusahaan/ Pelanggan logam mulia/

Associate of the Company Customer of precious metal
MJIS Entitas asosiasi Perusahaan/ Pinjaman berbunga dengan pihak berelasi/

Associate of the Company Interest bearing loan to related party


(continued)
Saldo dan transaksi dengan pihak berelasi dan Balances and transactions with related parties and
entitas berelasi dengan Pemerintah adalah sebagai Government-related entities are as follows:
berikut:
Kas di bank (Catatan 6): Cash in banks (Note 6):

Mandiri 1,060,281,585 1,542,786,748 Mandiri
BRI 696,483,079 605,523,025 BRI
BNI 213,270,612 125,366,666 BNI
BSM 7,540,456 20,716,167 BSM
1,977,575,732 2,294,392,606
Deposito berjangka (Catatan 6): Time deposits (Note 6):

BRI 1,117,026,968 1,329,033,577 BRI
BTN 203,000,000 15,000,000 BTN
Mandiri 104,000,000 405,235,400 Mandiri
BNI 100,000,000 - BNI
1,524,026,968 1,749,268,977
3,501,602,700 4,043,661,583
Persentase terhadap jumlah aset 11.59% 12.56% Percentage of total assets
Piutang usaha (Catatan 7): Trade receivables (Note 7):

PT Timah Tbk 24,715,408 - PT Timah Tbk
Lain-lain (masing-masing di bawah Others (each below 0.5%
0,5% dari modal disetor) 4,188,581 1,105,746 of paid-in capital)
28,903,989 1,105,746
Piutang lain-lain (Catatan 9): Other receivables (Note 9):

MJIS 54,793,125 54,793,125 MJIS
Provisi atas penurunan nilai (54,793,125) (54,793,125) Provision for impairment
- -
Kas yang dibatasi penggunaannya

(Catatan 10): Restricted cash (Note 10):
BRI 94,365,954 88,889,174 BRI
BNI 15,439,159 14,803,952 BNI
Mandiri 7,420,005 1,875,013 Mandiri
117,225,118 105,568,139
Belanja modal: Capital expenditures:

Wika 485,633,541 1,764,896,068 Wika
Persentase terhadap penambahan Percentage of additions to

aset tetap 54.40% 73.21% property, plant and equipment


(continued)

2019 2018* 2018*
Utang usaha (Catatan 16): Trade payables (Note 16):

PT Pertamina (Persero) 75,431,979 437,988,170 67,933,558 PT Pertamina (Persero)
Lain-lain (masing-masing di bawah Others (each below 0,5%
0,5% dari modal disetor) 21,526,304 25,826,342 12,126,444 of paid-in capital)
96,958,283 463,814,512 80,060,002
Persentase terhadap jumlah

liabilitas 0.80% 3.37% 0.69% Percentage of total liabilities
Utang lain-lain: Other payables:

Wika 95,149,001 261,485,061 388,859,781 Wika
Persentase terhadap jumlah

liabilitas 0.79% 1.90% 3.34% Percentage of total liabilities
Pinjaman bank jangka pendek (Catatan 19): Short-term bank loans (Note 19):
Mandiri 1,390,101,000 1,448,100,000 Mandiri
Persentase terhadap jumlah liabilitas 11.53% 10.53% Percentage of total liabilities
Pinjaman investasi (Catatan 21): Investment loans (Note 21):

Mandiri 1,700,556,875 - Mandiri
BNI 1,025,894,538 1,187,442,000 BNI
LPEI - 1,549,919,531 LPEI
2,726,451,413 2,737,361,531
Persentase terhadap jumlah liabilitas 22.60% 19.91% Percentage of total liabilities
2019 2018
Penjualan (Catatan 26): Sales (Note 26):

PT Pegadaian (Persero) 522,111,956 888,807,539 PT Pegadaian (Persero)
BSM 290,943,912 16,485,175 BSM
Lain-lain (masing-masing Others (each below 0.5%
di bawah 0,5% dari modal disetor) 77,443,743 33,984,078 of paid in capital)
890,499,611 939,276,792
Persentase terhadap jumlah penjualan 2.72% 3.72% Percentage of total sales
Pembelian barang/jasa: Purchase of goods/services:

PT Pertamina (Persero) 1,022,530,466 908,745,024 PT Pertamina (Persero)
Lain-lain (masing-masing Others (each below 0.5%
di bawah 0,5% dari modal disetor) 92,232,109 8,631,407 of paid in capital)
1,114,762,575 917,376,431
Persentase terhadap jumlah beban Percentage of total cost of goods
pokok penjualan dan beban usaha 3.51% 3.87% sold and operating expenses


(continued)
Manajemen menganggap Dewan Komisaris dan Management considers the members of the Boards
Direksi merupakan personel manajemen kunci of Commissioners and Directors as its key
Perusahaan. management personnel.
2018, jumlah kompensasi yang dibayarkan kepada total compensation paid to key management
manajemen kunci Perusahaan adalah sebagai personnel of the Company were as follows:
berikut:
2019
Direksi/ Dewan Komisaris/
% dari total % dari total
biaya karyawan/ biaya karyawan/
% of total % of total
employee costs Rp employee costs Rp
Gaji 1.18 17,099,752 0.54 7,800,009 Salaries

Tantiem dan bonus 1.70 24,640,736 0.77 11,223,113 Tantiem and bonus
Jumlah 2.88 41,740,488 1.31 19,023,122 Total
2018
Direksi/ Dewan Komisaris/
% dari total % dari total
biaya karyawan/ biaya karyawan/
% of total % of total
employee costs Rp employee costs Rp
Gaji 1.29 15,036,805 0.59 6,834,296 Salaries

Tantiem dan bonus 0.45 5,250,236 0.20 2,376,000 Tantiem and bonus
Jumlah 1.75 20,287,041 0.79 9,210,296 Total
Perusahaan mendanai beberapa program liabilitas The Company funded several long-term employee
imbalan karyawan jangka panjang yang dikelola benefits liabilities which are managed by Dana
oleh Dana Pensiun Antam, Yakespen Antam, DPLK Pensiun Antam, Yakespen Antam, DPLK Jiwasraya
Jiwasraya dan BNI Life. Jumlah kontribusi yang and BNI Life. Total contributions paid by the
dibayarkan Perusahaan sehubungan dengan Company in relation to these programs are as
program-program ini adalah sebagai berikut: follows:
2019 2018
Dana Pensiun Antam 5,648,488 5,740,482 Dana Pensiun Antam

Yakespen Antam 2,294,991 2,163,060 Yakespen Antam
BNI Life 6,531,814 6,111,538 BNI Life
DPLK Jiwasraya 46,242,508 5,379,845 DPLK Jiwasraya
60,717,801 19,394,925


33. LABA BERSIH PER SAHAM DASAR DAN 33. BASIC AND DILUTED EARNINGS PER SHARE
DILUSIAN
2019 2018*
Laba yang dapat diatribusikan Profit attributable to

kepada pemilik entitas induk 193,851,147 1,636,001,028 the owners of the parent
Rata-rata tertimbang jumlah saham Weighted-average number of

yang beredar tahun berjalan shares outstanding for the year
(dalam ribuan) 24,030,765 24,030,765 (in thousand)
Laba bersih per saham dasar yang Basic earnings per share
dapat diatribusikan kepada pemilik attributable to owners of
entitas induk (nilai penuh) 8.07 68.08 the parent (full amount)
Pada tanggal 31 Desember 2019 dan 2018, tidak As at 31 December 2019 and 2018, there were no
ada efek yang berpotensi menjadi saham biasa. existing instruments which could result in the issue
Oleh karena itu, laba per saham dilusian sama of additional ordinary shares. Therefore, diluted
dengan laba bersih per saham dasar. earnings per share is equivalent to basic earnings
per share.
34. ASET DAN LIABILITAS MONETER DALAM 34. MONETARY ASSETS AND LIABILITIES
MATA UANG ASING DENOMINATED IN FOREIGN CURRENCIES
Grup memiliki aset dan liabilitas dalam mata uang The Group has assets and liabilities denominated in
asing dengan rincian sebagai berikut (dalam nilai foreign currency as follows (in full amount, except
penuh, kecuali jumlah setara Rupiah): Rupiah equivalent):
Setara Rupiah/
Dolar AS/ Yen Jepang/ Euro/ Lain-lain/ Equivalent
US Dollar Japanese Yen Euro Others** in Rupiah
Aset Assets
Kas dan setara kas 100,792,939 5,227,813 - 25,122 1,402,141,024 Cash and cash equivalents
Piutang usaha 65,591,554 - - - 911,788,192 Trade receivables
Piutang lain-lain 29,631,638 - - - 411,909,399 Other receivables
Aset tidak lancar lain-lain 169,320 - - - 2,353,719 Other non-current assets
Jumlah aset 196,185,451 5,227,813 - 25,122 2,728,192,334 Total assets
Liabilitas Liabilities
Utang usaha (343,960) (446,953,172) (379,579) (50,618) (68,612,300) Trade payables
Beban akrual (3,280,912) (2,411,807) - - (45,916,670) Accrued expenses
Pinjaman bank (430,973,677) (3,517,020,000) - - (6,441,026,330) Bank loans
Liabilitas jangka
pendek lainnya (20,911,583) - - - (290,691,912) Other current liabilities
Jumlah liabilitas (455,510,132) (3,966,384,979) (379,579) (50,618) (6,846,247,212) Total liabilities
Liabilitas bersih (259,324,681) (3,961,157,166) (379,579) (25,496) (4,118,054,878) Net liabilities


34. ASET DAN LIABILITAS MONETER DALAM 34. MONETARY ASSETS AND LIABILITIES
MATA UANG ASING (lanjutan) DENOMINATED IN FOREIGN CURRENCIES
(continued)
Grup memiliki aset dan liabilitas dalam mata uang The Group has assets and liabilities denominated in
asing dengan rincian sebagai berikut (dalam nilai foreign currency as follows (in full amount, except
penuh, kecuali jumlah setara Rupiah): (lanjutan) Rupiah equivalent): (continued)
Setara Rupiah/
Dolar AS/ Yen Jepang/ Euro/ Lain-lain/ Equivalent
US Dollar Japanese Yen Euro Others** in Rupiah
31 Desember 2018* 31 December 2018*

Aset Assets
Kas dan setara kas 79,535,222 53,383,996 - 37,076 1,159,285,897 Cash and cash equivalents
Piutang lain-lain 33,584,113 - - - 486,331,540 Other receivables
Jumlah aset 168,342,788 53,383,996 - 37,076 2,445,308,258 Total assets
Liabilitas Liabilities
Utang usaha (3,647,995) (6,053,906) (10,446,898) (53,722) (305,984,007) Trade payables
Beban akrual (16,774,925) - - - (242,917,686) Accrued expenses
Pinjaman bank (476,828,982) (7,025,616,000) - - (7,819,446,539) Bank loans
Liabilitas jangka
pendek lainnya (64,426) - - - (932,959) Other current liabilities
Jumlah liabilitas (497,316,328) (7,031,669,906) (10,446,898) (53,722) (8,369,281,191) Total liabilities
Liabilitas bersih (328,973,540) (6,978,285,910) (10,446,898) (16,646) (5,923,972,933) Net liabilities
** Aset dan liabilitas dalam mata uang asing lainnya disajikan dalam jumlah yang ** Assets and liabilities denominated in other foreign currencies are
setara dengan Dolar AS berdasarkan kurs pada akhir periode pelaporan. presented as US Dollar equivalents using the exchange rate
prevailing at end of the reporting period.
Grup rentan terhadap risiko nilai tukar mata uang The Group is exposed to foreign exchange risk
asing yang timbul dari berbagai eksposur mata arising from various currency exposures, primarily
uang, terutama terhadap Dolar AS. with respect to the US Dollar.
Pada tanggal 31 Desember 2019, apabila aset dan As at 31 December 2019, if the monetary assets
liabilitas moneter dalam mata uang asing dijabarkan and liabilities in foreign currencies had been
dengan menggunakan kurs pada tanggal laporan translated based on the exchange rates as at the
keuangan konsolidasian ini, maka liabilitas bersih date of these consolidated financial statements, the
dalam mata uang asing akan naik sekitar net monetary liabilities would increase by
Rp691.113.328. approximately Rp691,113,328.
35. INFORMASI SEGMEN OPERASI 35. OPERATING SEGMENT INFORMATION
Manajemen telah menentukan segmen operasi Management has determined the operating
didasarkan pada laporan yang ditelaah oleh Direksi, segments based on reports reviewed by the Board
yang digunakan dalam mengambil keputusan of Directors that are used to make strategic
strategis. Direksi mempertimbangkan operasi bisnis decisions. The Board of Directors considers the
dari perspektif jenis bisnis dan geografis. Segmen business operations from both the business type
operasi Grup dapat dibedakan menjadi tiga and geographical perspectives. The Group’s
kegiatan usaha utama yaitu (a) nikel, (b) logam business segments can be identified as three major
mulia dan pemurnian serta (c) bauksit dan alumina. business operations, consisting of (a) nickel, (b)
Seluruh transaksi antar segmen telah di eliminasi. precious metals and refinery and (c) bauxite and
alumina. All transactions between segments have
been eliminated.


35. INFORMASI SEGMEN OPERASI (lanjutan) 35. OPERATING SEGMENT INFORMATION

(continued)
Direksi menggunakan ukuran penjualan bersih The Board of Directors uses a measure of net sales
untuk menilai kinerja segmen operasi. to assess the performance of the operating
segments.
Informasi menurut segmen untuk tahun yang Information concerning the segments for the years
berakhir 31 Desember 2019 dan 2018 adalah ended 31 December 2019 and 2018, is as follows:
sebagai berikut:
2019
Logam mulia Bauksit dan
dan pemurnian/ alumina/ Kantor
Nikel/ Precious metals Bauxite and Pusat/ Lain-lain/ Jumlah/
Nickel and refinery alumina Head Office Others Total
Penjualan bersih 8,577,402,095 22,744,330,812 1,305,381,429 - 91,428,363 32,718,542,699 Net sales
Hasil Outcome
Laba/(rugi) usaha 2,101,251,780 486,583,083 (366,743,059) (994,814,755) (270,662,231) 955,614,818 Operating income/(loss)
Bagian kerugian Share of loss
entitas asosiasi of associates and
dan ventura bersama - - - (88,099,410) - (88,099,410) joint venture, net
Pendapatan keuangan 2,651,874 9,141,798 2,219,539 104,006,392 2,426,558 120,446,161 Finance income
Beban keuangan (27,468,631) (6,215,805) (29,161,184) (168,132,464) (2,382,492) (233,360,576) Finance costs
Beban pajak
penghasilan,bersih - - - (493,182,022) - (493,182,022) Income tax expense, net
Penghasilan/(beban) Other income/
lain-lain, bersih 20,645,781 32,395,285 (9,080,301) (101,839,237) (9,688,468) (67,566,940) (expenses),net
Laba/(rugi) tahun berjalan 2,097,080,804 521,904,361 (402,765,005) (1,742,061,496) (280,306,633) 193,852,031 Profit/(loss) for the year
Aset segmen 10,876,113,925 2,755,470,781 5,211,564,406 10,528,043,677 823,714,941 30,194,907,730 Segment assets
Liabilitas segmen 941,564,907 43,016,750 1,001,496,627 9,945,385,144 130,025,127 12,061,488,555 Segment liabilities
Pengeluaran modal 620,281,970 81,076,271 159,181,751 18,608,257 13,544,469 892,692,718 Capital expenditures
Penyusutan Depreciation
dan amortisasi 489,728,755 281,244,693 273,104,183 13,054,684 62,059,717 1,119,192,032 and amortisation
2018*
dan pemurnian/ alumina/ Kantor
Nikel/ Precious metals Bauxite and Pusat/ Lain-lain/ Jumlah/
Nickel and refinery alumina Head Office Others Total
Penjualan bersih 7,622,288,477 16,955,013,391 477,612,605 - 220,331,496 25,275,245,970 Net sales
Hasil Outcome
Laba/(rugi) usaha 2,337,917,819 384,813,493 100,557,052 (1,066,668,223) (200,463,365) 1,556,156,776 Operating profit/(loss)
Bagian kerugian Share of loss
entitas asosiasi of associates and
dan ventura bersama - - - (1,260,023,189) - (1,260,023,189) joint venture, net
Pendapatan keuangan 1,447,231 7,219,887 196,126 250,206,869 1,775,478 260,845,591 Finance income
Beban keuangan (6,550,162) - (7,323) (1,123,883,199) (45,914) (1,130,486,598) Finance costs
Beban pajak
penghasilan, bersih - - - (377,150,210) - (377,150,210) Income tax expense, net
Keuntungan dari akuisisi - - 2,226,369,407 - 2,226,369,407 Gain on acquisitions
Penghasilan/(beban) Other income/
lain-lain, bersih 21,203,233 (87,358,562) 52,376,567 319,516,650 54,552,926 360,290,814 (expenses),net
Laba/(rugi) tahun berjalan 2,354,018,121 304,674,818 103,887,022 (982,396,495) (144,180,875) 1,636,002,591 Profit/(loss) for the year
Aset segmen 11,242,309,876 2,850,772,137 5,843,598,690 11,391,860,023 866,810,119 32,195,350,845 Segment assets
Liabilitas segmen 1,168,400,485 625,968,415 1,380,475,656 10,419,275,098 152,864,900 13,746,984,554 Segment liabilities
Pengeluaran modal 1,846,625,407 280,416,969 212,435,633 19,741,237 51,368,667 2,410,587,913 Capital expenditures
Penyusutan Depreciation
dan amortisasi 473,921,839 295,748,399 15,001,858 9,088,900 58,186,818 851,947,814 and amortisation


35. INFORMASI SEGMEN OPERASI (lanjutan) 35. OPERATING SEGMENT INFORMATION

(continued)
Informasi menurut segmen geografis untuk tahun Information concerning geographical segment for
yang berakhir 31 Desember 2019 dan 2018 adalah the years ended 31 December 2019 and 2018, is
sebagai berikut: as follows:

dan pemurnian/ alumina/
Nikel/ Precious metals Bauxite and Lain-lain/ Jumlah/
Nickel and refinery alumina Others Total
2019 2019
Penjualan bersih: Net sales:
Ekspor 7,609,237,515 12,082,543,347 1,161,376,799 - 20,853,157,661 Export
Lokal 968,164,580 10,661,787,465 144,004,630 91,428,363 11,865,385,038 Local
Jumlah 8,577,402,095 22,744,330,812 1,305,381,429 91,428,363 32,718,542,699 Total
2018* 2018*
Penjualan bersih: Net sales:
Ekspor 6,530,806,767 3,976,479,578 460,363,487 - 10,967,649,832 Export
Lokal 1,091,481,710 12,978,533,813 17,249,118 220,331,497 14,307,596,138 Local
Jumlah 7,622,288,477 16,955,013,391 477,612,605 220,331,497 25,275,245,970 Total
36. PERJANJIAN PENTING, IKATAN DAN 36. SIGNIFICANT AGREEMENTS, COMMITMENTS

KONTINJENSI AND CONTINGENCIES
a. Kewajiban keuangan IUP a. Financial obligations under various IUP
Sebagai pemegang IUP, Grup berkewajiban As an IUP holder, the Group is obligated to pay
untuk membayar iuran konsesi untuk setiap concession fees per hectare of IUP explored,
hektar dari IUP yang dieksplorasi, developed and extracted to the State Office
dikembangkan dan dieksploitasi kepada Kas Funds. The amount of concession fees is
Negara. Besarnya iuran konsesi tergantung based on the type of mineral and the level of
dari jenis mineral dan tingkat produksinya. production.
b. Kewajiban pengelolaan lingkungan hidup b. Environmental matters
Kegiatan usaha Grup telah dan di masa The operations of the Group have been and
mendatang mungkin, dipengaruhi oleh may in the future be, affected from time to time
perubahan-perubahan dalam peraturan by changes in environmental regulations. The
pengelolaan lingkungan hidup. Kebijakan Grup Group’s policy is to comply with all applicable
adalah berusaha untuk memenuhi semua regulations issued by the Government of the
ketentuan yang berlaku yang dikeluarkan oleh Republic of Indonesia, by applying technically
Pemerintah Republik Indonesia dengan proven and economically feasible measures.
menerapkan ukuran yang secara teknis dapat
dibuktikan dan secara ekonomis
memungkinkan.
Grup telah membentuk provisi atas taksiran The Group has recognised a provision for
kewajiban pengelolaan dan reklamasi estimated environmental and reclamation
lingkungan hidup (Catatan 22). costs (Note 22).



KONTINJENSI (lanjutan) AND CONTINGENCIES (continued)
c. Kepemilikan Perusahaan pada entitas c. The Company’s ownership in joint mining

pertambangan patungan entities
Pada tanggal 31 Desember 2019, Perusahaan As at 31 December 2019, the Company has
mempunyai kepemilikan pada entitas ownership interests in the following joint mining
pertambangan patungan berikut: entities:
Persentase
kepemilikan (%)/
Percentage of Status pada tanggal 31 Desember 2019/
ownership (%) Status as at 31 December 2019
PT Antam Niterra Haltim (“ANH”) 30 Konstruksi/Construction

PT Sorikmas Mining (“SM”) 25 Konstruksi/Construction
PT Galuh Cempaka (“GC”) 20 Produksi/Production*
PT Gorontalo Minerals (“GM”) 20 Studi kelayakan/Feasibility study
PT Sumbawa Timur Mining (“STM”) 20 Eksplorasi/Exploration
PT Weda Bay Nickel (“WBN”) 10 Konstruksi/Construction
* Tahap produksi dihentikan sementara karena proses penilaian * Production phase is temporarily suspended due to
kembali atas estimasi cadangan mineral. reassessment of mineral reserves estimates.
Perusahaan-perusahaan di atas memiliki izin The above mining entities hold a Contract of
Kontrak Karya (“KK”) dengan Pemerintah Work (“CoW”) with the Government of the
Republik Indonesia. Kepentingan Perusahaan Republic of Indonesia. The Company’s interests
pada perusahaan-perusahaan pertambangan in these mining entities were obtained as a
ini diperoleh sebagai hasil dari perjanjian result of the cooperation agreements entered
kerjasama yang dilakukan Perusahaan dengan into by the Company with the related strategic
partner bisnis strategis untuk mengembangkan business partners to develop particular mining
area pertambangan tertentu. areas.
Perusahaan diberikan kepemilikan minoritas di The Company was granted a minority

ANH, GC dan WBN tanpa harus berkontribusi shareholding in ANH, GC and WBN without
pada investasi yang dikeluarkan pada tahap having to contribute any investment during the
eksplorasi dan pengembangan perusahaan- exploration and development stage of those
perusahaan tersebut. Perusahaan baru akan companies. The Company will only contribute
berkontribusi pada investasi yang dilakukan investment (if needed) when those companies
(jika dibutuhkan) ketika perusahaan- have reached the date of commercial
perusahaan tersebut telah mencapai tanggal production. There is no obligation by the
produksi komersial. Perusahaan tidak memiliki Company to repay investments made by the
kewajiban untuk mengembalikan investasi business partners during the exploration and
yang telah dikeluarkan oleh partner bisnis pada development stage of those companies (“free-
tahap eksplorasi dan pengembangan (“free- carried”).
carried”)
Untuk SM, GM dan STM, Perusahaan juga For SM, GM, and STM, the Company is also
tidak diharuskan untuk berkontribusi pada not required to contribute any investment
investasi yang dilakukan pada tahap eksplorasi during the exploration and development stage
dan pengembangan perusahaan-perusahaan of those companies. However, the Company
tersebut. Namun, Perusahaan diharuskan shall repay investments made by the business
untuk mengembalikan investasi yang telah partners during the exploration and
dikeluarkan oleh partner bisnis pada tahap development stages in accordance with the
eksplorasi dan pengembangan sesuai dengan Company’s interests in those companies,
kepentingan Perusahaan di perusahaan- when they have reached the date of
perusahaan tersebut, ketika mereka telah commercial production (“loan-carried”). This
mencapai tanggal produksi komersial (“loan- will be made through the dividend that the
carried”). Pengembalian ini akan dilakukan Company would be entitled to as the
lewat dividen yang berhak diterima oleh shareholder of those companies.
Perusahaan selaku pemegang saham dari
perusahaan-perusahaan tersebut.



d. Perjanjian penjualan d. Sales agreements
Grup mempunyai berbagai komitmen untuk The Group has various commitments to sell
menjual feronikel dan emas kepada beberapa ferronickel and gold to various third party
pelanggan pihak ketiga pada jumlah yang customers at specified agreed quantities based
disepakati oleh kedua belah pihak sesuai dengan on the agreements signed by both parties.
yang dinyatakan dalam perjanjian yang Generally, the selling price agreed with
ditandatangani dengan pelanggan tersebut. customers is based on international indices (for
Secara umum, harga jual yang disepakati dengan example nickel and precious metal price
pelanggan adalah harga berdasarkan indeks according to LME), as adjusted by certain factors.
internasional (sebagai contoh harga nikel dan
logam mulia menurut LME), disesuaikan dengan
faktor-faktor tertentu.
e. Peraturan kehutanan e. Forestry regulation
Di tahun 2018, Kementerian Lingkungan Hidup In 2018, the Ministry of Environment and
dan Kehutanan mengeluarkan Peraturan Forestry issued Ministerial Regulation No.
Menteri No. P.27/Menlhk/Setjen/Kum.1/7/2018 P.27/Menlhk/Setjen/Kum.1/7/2018 concerning
tentang Pedoman Pinjam Pakai Kawasan “Guidelines on Borrow and Use of Forest
Hutan, yang terakhir diubah dengan Peraturan Areas”, which was lastly amended by
Menteri No. P.7/Menlhk/Setjen/Kum.1/2/2019. Ministerial Regulation No.
Berdasarkan peraturan ini, perusahaan dapat P.7/Menlhk/Setjen/Kum.1/2/2019. Based on this
diberikan Izin Pinjam Pakai Kawasan Hutan regulation, a company can be granted borrow
(“IPPKH”) paling lama sama dengan jangka and use of forest area permit (“IPPKH”) for a
waktu perizinan pertambangan perusahaan maximum period equal to the period of the
untuk kegiatan eksplorasi dan operasi produksi Company’s mining business license period, if a
pertambangan jika memenuhi sejumlah number of specified requirements is met. IPPKH
persyaratan yang ditentukan. IPPKH diberikan is granted for two years for further exploration
selama dua tahun untuk kegiatan eksplorasi activities in the production operation stage. One
lanjutan pada tahap operasi produksi. Salah of the most significant requirements is the
satu persyaratan yang paling signifikan adalah Company’s obligation to provide replacement
kewajiban perusahaan untuk memberikan lahan land or pay Non-Tax State Revenues (“PNBP”)
pengganti atau membayar Penerimaan Negara for mining production operations.
Bukan Pajak (“PNBP”) untuk kegiatan operasi
produksi pertambangan.
f. Proyek Pembangunan Pabrik Feronikel f. East Halmahera Ferronickel Plant

Halmahera Timur Construction Project
Pada tanggal 21 Desember 2016, Perusahaan On 21 December 2016, the Company entered
menandatangani perjanjian dengan into an agreement with the Unincorporated
Konsorsium Wika dan Kawasaki Heavy Consortium of Wika and Kawasaki Heavy
Industries, Ltd. Di mana efektif tanggal 31 Industries, Ltd. Whereby effective from 31
Januari 2017, konsorsium harus menyediakan January 2017, the consortium shall provide
jasa terkait dengan engineering, pengadaan services related to the engineering,
dan pembangunan Pabrik Feronikel procurement and construction of the East
Halmahera Timur tahap I dengan kapasitas Halmahera Ferronickel Plant phase I with
produksi 13.500 ton/tahun. Nilai kontrak adalah production capacity 13,500 tons/year. The
sebesar Rp3.421.425.000. contract amounts to Rp3,421,425,000.
Pada tanggal 31 Desember 2019, jumlah As at 31 December 2019, the amount of capital
komitmen pengeluaran modal sehubungan expenditure commitment based on this
dengan perjanjian ini adalah sebesar agreement was Rp73,505,308.
Rp73.505.308.



g. PerMen ESDM No. 7/2017 g. MoEMR Regulation No. 7/2017
Di bulan Januari 2017, Kementerian ESDM In January 2017, the Ministry of Energy and
menerbitkan PerMen ESDM No. 7/2017 yang Mineral Resources issued Ministerial
mengatur tentang Tata Cara Penetapan Harga Regulation No. 7/2017 concerning Procedures
Patokan Penjualan Mineral Logam dan for the Setting of Benchmark Prices for Metal
Batubara. Peraturan ini terakhir diubah dengan Minerals and Coal Sales. This regulation was
PerMen No. 19/2018. last amended by Ministerial Regulation No.
19/2018.
Berdasarkan peraturan-peraturan tersebut, Based on these regulations, the MoEMR will be

Kementerian ESDM akan bertanggung jawab responsible for setting the benchmark prices
untuk menetapkan harga patokan untuk for coal and metal minerals. The benchmark
batubara dan mineral logam. Harga patokan price serves as the floor price for the
berfungsi sebagai harga dasar untuk Government Royalty calculation. If the actual
perhitungan Royalti Pemerintah. Jika harga jual selling price is higher than the benchmark
aktual lebih tinggi daripada harga patokan, price, the Government Royalty will be based on
Royalti Pemerintah akan didasarkan pada the actual selling price. If actual selling prices
harga jual aktual. Jika harga jual aktual di are below the benchmark price, the
bawah harga patokan, Royalti Pemerintah Government Royalty should be calculated
harus dihitung berdasarkan harga patokan. based on the benchmark price. Certain costs
Biaya tertentu diterima untuk menyesuaikan are accepted in order to adjust the benchmark
harga patokan untuk keperluan perhitungan price for the purpose of the Government
Royalti Pemerintah. Penyesuaian yang Royalty calculation. Such allowable
diizinkan tersebut termasuk biaya tongkang adjustments include barging and transhipment
dan transhipment. costs.
h. Peraturan mengenai peningkatan nilai h. Regulation of increase in value-add from

tambah mineral minerals
PerMen ESDM No. 25/2018 menetapkan MoEMR Regulation No. 25/2018 sets out the
persyaratan untuk pemrosesan dan pemurnian requirements for in-country mineral processing
mineral dalam negeri. Berdasarkan peraturan and refining. Based on this regulation,
ini, batas pemurnian minimum yang relevan minimum refining requirement which is
dengan produk-produk Grup adalah sebagai relevant to the Group’s products are as follows:
berikut:
- Nikel: Feronikel ≥ 8%Ni - Nickel: FeNi ≥ 8%Ni

- Bauksit: Smelter grade alumina ≥ 98% - Bauxite: Smelter grade alumina ≥ 98%
Al2O3 and Chemical grade alumina ≥ 90% Al2O3 and Chemical grade alumina ≥ 90%
Al2O3. Al2O3.
- Emas: Au Metal ≥ 99% - Gold: Au Metal ≥ 99%
- Perak: Ag Metal ≥ 99% - Silver: Ag Metal ≥ 99%
Berdasarkan peraturan ini, Grup diperbolehkan Based on this regulation, the Group is allowed
mengekspor jumlah nikel tertentu yang to export certain approved quantities of nickel
disetujui dengan kandungan <1,7% dan bauksit with a content of < 1.7% and washed bauxite
hasil pencucian dengan kandungan Aluminium with an Aluminium Oxide content of ≥ 42%, for
Oksida ≥42%, untuk jangka waktu lima tahun, a period of five years, from 11 January 2017,
dari 11 Januari 2017, dengan ketentuan Grup provided that the Group has constructed or is
telah membangun atau sedang dalam proses in the process of constructing a
membangun fasilitas pemurnian/peleburan, refining/smelting facility, either individually or
baik membangun individu atau bersama jointly with other parties, and when the Group
dengan pihak lain, dan jika Grup membayar has paid export duties according to the relevant
bea ekspor berdasarkan peraturan dan laws and regulations.
perundang-undangan terkait.
Namun demikian, pada tanggal 30 Agustus However, on 30 August 2019, the MoEMR
2019, Kementerian ESDM menerbitkan issued MoEMR Regulation No. 11/2019 which
PerMen ESDM No. 11/2019 yang mengubah amended MoEMR Regulation No. 25/2018.
PerMen ESDM No. 25/2018. Berdasarkan Based on MoEMR Regulation No. 11/2019, the
PerMen ESDM No. 11/2019, Grup tidak dapat Group can no longer export nickel ore with a
lagi melakukan kegiatan ekspor bijih nikel content of <1,7% starting from 1 January 2020.
dengan kandungan <1,7% sejak tanggal 1
Januari 2020.



i. Peraturan Pemerintah No. 81/2019 i. Government Regulation No. 81/2019
PP No. 81/2019 mengatur tentang tarif royalti GR No. 81/2019 sets out the production royalty
produksi yang harus dibayarkan ke Pemerintah tariff that should be paid by mining companies
oleh perusahaan pertambangan di Indonesia. operating in Indonesia to the Government. The
Tarif royalti produksi saat ini untuk komoditas current production royalty rates for the key
utama yang diproduksi oleh Grup berdasarkan commodities produced by the Group based on
PP 81/2019 adalah sebagai berikut: GR 81/2019 are as follows:
- Bijih Nikel: 10% dari harga jual - Nickel Ore: 10% from sales price
- Emas: 3,75-5% dari harga jual - Gold: 3.75-5% from sales price
- Perak: 4% dari harga jual - Silver: 4% from sales price
- Bijih Bauksit: 7% dari harga jual - Bauxite: 7% from sales price
Untuk tarif royalti produk pengolahan dan The manufacturing and refinery royalty rates
pemurnian berdasarkan PP 81/2019 adalah based on GR 81/2019 are as follows:
sebagai berikut:
- Feronikel: 2% dari harga jual - Ferronickel: 2% from sales price

- Alumina: 3% dari harga jual - Alumina: 3% from sales price
j. Peraturan Pemerintah No. 37/2018 j. Government Regulation No. 37/2018
Pada tanggal 2 Agustus 2018, Pemerintah On 2 August 2018, the Government issued GR
mengeluarkan PP No. 37/2018 untuk No. 37/2018 to provide special rules in relation
memberikan aturan khusus terkait dengan to both tax and PNBP arrangements for the
pengaturan pajak dan PNBP untuk sektor mineral mining sector.
pertambangan mineral.
Beberapa ketentuan utama dalam PP 37/2018 Several key provisions in GR 37/2018 that are
yang relevan untuk Grup adalah sebagai relevant to the Group are as follows:
berikut:
- “Objek” kena pajak terdiri atas pendapatan - Taxable “objects” comprise income from
dari operasi dan pendapatan lainnya. operations and other income. Income from
Pendapatan dari operasi terdiri atas operations consists of income from the
pendapatan dari penjualan atau sale or transfer of mining production
pengalihan produksi pertambangan di where the value of the mining product
mana nilai penjualan produk sales should be based on the published
pertambangan harus didasarkan pada market price of minerals (e.g. prices per
harga pasar mineral yang dipublikasikan the London Metal Exchange) at the time
(misalnya harga berdasarkan London the sale occurs, or the actual selling price
Metal Exchange) pada saat penjualan (but only if there is no market price
terjadi, atau pada harga jual aktual (jika reference).
tidak ada acuan harga pasar).
Jika harga jual aktual lebih tinggi dari harga If the actual selling price is higher than the
pasar yang dipublikasikan, harga jual published market price, the actual selling
aktual harus digunakan. Grup dapat price should be used. The Group can use
menggunakan harga jual aktual hanya jika the actual selling price only if the
perbedaannya berada dalam kisaran 3% discrepancy is within 3% of the relevant
dari harga pasar relevan yang published market price.
dipublikasikan.



j. Peraturan Pemerintah No. 37/2018 (lanjutan) j. Government Regulation No. 37/2018

(continued)
- Pengurangan yang diizinkan dan tidak - Allowable and non-allowable deductions

diizinkan dalam perhitungan pajak badan in the corporate income tax calculation are
umumnya sesuai dengan peraturan Pajak generally according to the prevailing
Penghasilan yang berlaku. Namun, Income Tax regulations. Certain
pengurangan tertentu mengikuti aturan deductions however follow the rules set
yang ditetapkan dalam peraturan khusus out in existing mine-specific regulations
tambang yang sudah ada seperti ketentuan such as provisions for reclamation costs
untuk biaya reklamasi (mengikuti (which follows MoF Regulation
Peraturan Menteri Keuangan No.219/PMK.011/2012).
No.219/PMK.011/2012).
- Rasio utang terhadap modal juga sesuai - The debt-to-equity ratio is also in line with
dengan peraturan Pajak Penghasilan yang the prevailing Income Tax regulations (i.e.
berlaku (yaitu Peraturan Menteri Keuangan MoF Regulation No. 169/PMK.010/2015)
No. 169/PMK.010/2015) dan oleh and therefore is currently a maximum 4:1
karenanya saat ini rasio utang terhadap debt-to-equity ratio.
modal adalah maksimum 4:1.
k. Reklamasi tambang dan penutupan k. Mine reclamation and mine closure

tambang
Berdasarkan PP No. 78/2010 yang mengatur Based on GR No. 78/2010 which deals with
tentang kegiatan reklamasi dan pascatambang reclamation and post-mining activities for both
untuk pemegang IUP Eksplorasi dan IUP IUP Exploration and IUP Operation Production
Operasi Produksi dan PerMen ESDM No. holders and MoEMR Regulation No. 26/2018,
26/2018, pemegang IUP Eksplorasi harus an Exploration IUP holder, among other
memasukkan rencana reklamasi dalam requirements, must include a reclamation plan
rencana kerja dan anggaran eksplorasi dan in its exploration work plan and budget and
memberikan jaminan reklamasi dalam bentuk provide a reclamation guarantee in the form of
deposito berjangka yang ditempatkan di bank a time deposit placed at a state-owned bank.
milik negara.
Pemegang IUP Operasi Produksi, di antara An IUP Operation Production holder, among
persyaratan lainnya, harus menyediakan: other requirements, must provide:
• Rencana reklamasi lima tahun; • A five-year reclamation plan;

• Rencana pascatambang; • A post-mining plan;
• Jaminan reklamasi yang dapat berupa • A reclamation guarantee which may be in
rekening bersama atau deposito berjangka the form of a joint account or time deposit
yang ditempatkan di bank milik negara, placed at a state-owned bank, a bank
bank garansi, atau (jika memenuhi kriteria guarantee, or (if meeting certain eligibility
kelayakan tertentu) dana cadangan criteria) an accounting provision; and
akuntansi; dan • A post-mining guarantee in the form of a
• Jaminan pascatambang dalam bentuk time deposit with a state-owned bank.
deposito berjangka dengan bank milik
negara.
Penempatan jaminan reklamasi dan The placement of reclamation and post-mining

pascatambang tidak menghilangkan kewajiban guarantees does not release the IUP holder
pemegang IUP dari ketentuan untuk from the requirement to perform reclamation
melakukan kegiatan reklamasi dan and post-mining activities.
pascatambang.



k. Reklamasi tambang dan penutupan k. Mine reclamation and mine closure

tambang (lanjutan) (continued)
Pada tanggal 31 Desember 2019, Grup telah As at 31 December 2019, the Group has
menempatkan jaminan reklamasi dalam bentuk placed reclamation guarantees in the form of
bank garansi, dengan rincian tiap wilayah bank guarantees, with details for each area as
• UBPN Maluku Utara: total jaminan • UBPN North Maluku: total reclamation
reklamasi untuk periode 2019 dengan nilai guarantee amounting to Rp5,311,761 for
Rp5.311.761. the period 2019.
• UBPN Sulawesi Tenggara: total jaminan • UBPN Southeast Sulawesi: total

reklamasi untuk periode 2019 dengan nilai reclamation guarantee amounting to
Rp9.863.821. Rp9,863,821 for the period 2019.
• UBPB Tayan: total jaminan reklamasi • UBPB Tayan: total reclamation guarantee
untuk periode 2019 dengan nilai amounting to Rp2,971,283 for the period
Rp2.971.283. 2019.
• UBPE Pongkor: total jaminan reklamasi • UBPE Pongkor: total reclamation

untuk periode 2019 dengan nilai guarantee amounting to Rp1,135,971 for
Rp1.135.971. the period 2019.
• CSD: total jaminan reklamasi untuk • CSD: total reclamation guarantee

periode 2019 dengan nilai Rp14.055.797. amounting to Rp14,055,797 for the period
2019.
• CTSP: total jaminan reklamasi untuk • CTSP: total reclamation guarantee

periode 2019 dengan nilai Rp897.520. amounting to Rp897,520 for the period
2019.
Di samping itu, Grup juga telah menempatkan In addition, the Group has also placed
jaminan reklamasi dan pascatambang dalam reclamation and mine closure guarantees in
bentuk deposito berjangka pada bank-bank form of time deposits at state-owned banks, as
milik negara sebagaimana diungkapkan pada disclosed in Note 10.
Catatan 10.
l. Fasilitas letter of credit dari Mandiri dan BRI l. Letter of credit facility from Mandiri dan BRI
Perusahaan memperoleh fasilitas letter of The Company obtained a letter of credit

credit dari Mandiri dan BRI dengan batas facilities from Mandiri and BRI with maximum
maksimum sebesar masing-masing credit from each amounting to
AS$200.000.000. US$200,000,000.
Pada tanggal 31 Desember 2019, jumlah yang As at 31 December 2019, the amounts used
digunakan dari fasilitas Mandiri dan BRI adalah from Mandiri and BRI facilities were
masing-masing sebesar AS$1.610.772 dan US$1,610,772 dan US$4,453,794,
AS$4.453.794. respectively.



m. Heads of Agreement (HoA) antara m. Heads of Agreement (HoA) between the

Perusahaan dengan Newcrest Mining Ltd Company and Newcrest Mining Ltd
Pada tanggal 6 November 2016, Perusahaan On 6 November 2016, the Company entered
telah menandatangani Strategic Alliance into the Strategic Alliance Agreement (“SAA”)
Agreement (“SAA”) dengan Newcrest Mining with Newcrest Mining Limited (“Newcrest”).
Limited (“Newcrest”). SAA mengatur kerjasama SAA stipulates the agreement in more detail,
secara lebih rinci, termasuk mengenai including establishment of an entity to be jointly
pembentukan perusahaan yang akan digunakan used by the Company and Newcrest to
bersama oleh Perusahaan dan Newcrest untuk participate in the IUP auction process.
ikut serta dalam proses lelang IUP.
Pada tanggal 30 September 2018, Perusahaan On 30 September 2018, the Company has
telah mengakhiri SAA dengan Newcrest. ended the SAA with Newcrest.
n. Permasalahan hukum dengan PT n. Legal case with PT Perusahaan Toradja

Perusahaan Toradja
Pada tanggal 24 Februari 2017, Perusahaan On 24 February 2017, the Company received
menerima gugatan dengan register perkara no. a lawsuit with case registration number
116/Pdt.G/2017/PN JKT.SEL, dengan PT 116/Pdt.G/2017/PN JKT.SEL, with PT
Perusahaan Toradja (“Perto”) (dahulu NV Perusahaan Toradja (“Perto”) (formerly NV
Perto) sebagai Penggugat dan Kementerian Perto) as the Plaintiff and SoE Ministry, Energy
BUMN, Kementerian ESDM dan Kementerian and Mineral Resources Ministry and Finance
Keuangan sebagai Tergugat II, III dan IV. Inti Ministry as Defendants II, III and IV. The
dari permasalahan gugatan adalah Perto essence of the lawsuit is that Perto claims that
mengklaim bahwa pemerintah melalui PT Nikel the government through PT Nikel Indonesia
Indonesia (sekarang Perusahaan) telah (now the Company) has taken over the mining
mengambil alih usaha pertambangan dan aset business and Perto's assets in Pomalaa,
Perto di Pomalaa, Sulawesi Tenggara dan Southeast Sulawesi and has not provided full
belum memberikan ganti kerugian secara compensation for Perto’s losses. The objects
penuh kepada Perto. Pokok gugatan kasus of the lawsuit, among others, are the following:
hukum ini antara lain adalah sebagai berikut:
1. Menghukum Para Tergugat untuk 1. To sentence the Defendants to fulfill the

memenuhi hak, mengganti dan/atau right, to reimburse and/or pay the total of
membayar total kerugian materiil the Plaintiff's material losses of Rp108
Penggugat sebesar Rp108 triliun; trillion;
2. Membayar nilai kerugian setara 2. Pay the loss amount equivalent to
Rp12.000.000; Rp12,000,000;
3. Menyatakan Sah dan Berharga Sita 3. To declare the security seizures set upon
Jaminan yang diletakkan terhadap aset- the assets of the First Defendant as
aset Tergugat I; dan legitimate; and
4. Menghukum Tergugat I untuk membayar 4. To sentence Defendant I to pay
sejumlah Rp100.000.000 atas biaya-biaya Rp100,000,000 for the costs incurred in
yang ditimbulkan dalam Perkara. the Case.
Di bulan Agustus 2018, Pengadilan Negeri In August 2018, the South Jakarta District
Jakarta Selatan telah mengeluarkan keputusan Court has rendered its decision on this case
atas perkara ini yang memenangkan which was favourable to the Company where
Perusahaan di mana Majelis Hakim the Judge concluded that the plaintiff’s claims
menyatakan gugatan penggugat tidak dapat could not be accepted.
diterima.



n. Permasalahan hukum dengan PT n. Legal case with PT Perusahaan Toradja

Perusahaan Toradja (lanjutan) (continued)
Perto mengajukan banding atas keputusan Perto appealed the decision rendered by the
Pengadilan Negeri Jakarta Selatan, namun South Jakarta Disctrict Court. However, the
Perusahaan kembali memenangkan kasus ini Company won the case again based on the
berdasarkan keputusan yang dikeluarkan oleh decision rendered by the DKI Jakarta High
Pengadilan Tinggi DKI Jakarta No. Court No. 41/Pdt/2019/PT.DKI.
41/Pdt/2019/PT.DKI.
Perto kemudian mengajukan permohonan Perto then submitted an appeal for this case to
kasasi atas kasus ini ke Mahkamah Agung dan the Supreme Court and the Company has also
Perusahaan juga telah mengirimkan balasan submitted a counter memory of cassation on
memori kasasi pada 10 Juni 2019 ke 10 June 2019 to the Supreme Court.
Mahkamah Agung.
Pada tanggal penerbitan laporan keuangan As at the issuance date of these consolidated
konsolidasian ini, Mahkamah Agung belum financial statements, the Supreme Court has
mengeluarkan putusan atas kasasi yang not yet rendered any decision for the cassation
diajukan oleh Perto. submitted by Perto.
Manajemen berkeyakinan bahwa klaim dari Management believes that the claims from
Perto tidak berdasar dan akan terus membela Perto are without merit and will vigorously
posisi Grup dalam kasus ini. Oleh karena itu, defend the case. Accordingly, no provision has
tidak ada provisi yang telah dicatat untuk been recorded for any potential losses arising
kemungkinan kerugian yang timbul dari klaim from the claims.
ini.
o. Rencana pengusahaan Wilayah Izin Usaha o. Business cooperation of Special Mining

Pertambangan Khusus di blok Bahodopi Business Licence Area in North Bahodopi
Utara dan blok Matarape Utara and Matarape blocks
Perusahaan menerima Surat Penunjukan The Company received Direct Appointment

Langsung No. 1282/30/DJB/2018 tertanggal Letters No. 1282/30/DJB/2018 dated
1 Agustus 2018 dan No. 1393/30/DJB/2018 1 August 2018 and No. 1393/30/DJB/2018
tertanggal 21 Agustus 2018 dari Direktur dated 21 August 2018 from the Director
Jendral Mineral dan Batubara, atas nama General of Mineral and Coal, on behalf of the
Menteri ESDM yang pada intinya menyatakan MoEMR, that in principle stipulate the
Perusahaan lulus dan ditunjuk langsung Company has passed and was directly
sebagai pemenang lelang di blok tambang appointed as the winner of the auction for
nikel Bahodopi Utara di Morowali, Sulawesi nickel block of North Bahodopi in Morowali,
Tengah, dan blok tambang nikel Matarape di Central Sulawesi and the nickel block of
Konawe Utara, Sulawesi Tenggara, konsesi Matarape in North Konawe, Southeast
yang sebelumnya dipegang oleh PT Vale Sulawesi, the concessions of which were
Indonesia. formerly held by PT Vale Indonesia.
Menindaklanjuti surat tersebut, Perusahaan To follow up the letters, the Company made
melakukan pembayaran tagihan Kompensasi payments of Compensation for Information
Data Informasi (“KDI”) sebesar masing-masing Data (“KDI”) funds amounting to
Rp184.800.000 dan Rp184.050.000 untuk Rp184,800,000 and Rp184,050,000,
Wilayah Izin Usaha Pertambangan Khusus respectively, for the Special Mining Business
(“WIUPK”) blok Bahodopi Utara dan blok Licence Area (“WIUPK”) of North Bahodopi
Matarape yang merupakan salah satu and Matarape blocks as one of the
persyaratan untuk pengajuan permohonan requirements for submitting a request for IUPK
IUPK Eksplorasi. Exploration.



o. Rencana pengusahaan Wilayah Izin Usaha o. Business cooperation of Special Mining

Pertambangan Khusus di blok Bahodopi Business Licence Area in North Bahodopi
Utara dan blok Matarape (lanjutan) Utara and Matarape blocks (continued)
Sehubungan dengan penunjukan Perusahaan In connection with the appointment of the

untuk mendapatkan WIUPK Blok Matarape dan Company to obtain WIUPK Block Matarape
Blok Bahodopi Utara, Direktur Jenderal Mineral and North Bahodopi Block, the Director
dan Batubara menerima Laporan Akhir Hasil General of Mineral and Coal received the Final
Pemeriksaan No. Registrasi Reports on Inspection Results No. Registration
0343/IN/VIII/2018/JKT dan No. Registrasi 0343/IN/VIII/2018/JKT and No. Registration
0344/IN/VIII/2018 dari Ombudsman RI 0344/IN/VIII/2018 from the Indonesian
mengenai proses Blok Matarape dan Blok Ombudsman regarding the conversion
Bahodopi Utara menjadi wilayah izin usaha process of Matarape Block and North
pertambangan khusus (WIUPK) dan Bahodopi Block to become special mining
pelaksanaan penawaran prioritas dan/atau business permit areas (WIUPK) and the
lelang atas kedua WIUPK tersebut. Laporan implementation of priority offers and/or
tersebut menyatakan bahwa penawaran auctions for the two WIUPKs. The reports state
prioritas dan/atau lelang atas kedua wilayah that priority offers and/or auctions of the same
yang sama telah dilakukan oleh Gubernur two areas have been carried out by the
Sulawesi Tenggara untuk Blok Matarape dan Governor of Southeast Sulawesi for the
Gubernur Sulawesi Tengah untuk Blok Matarape Block and the Governor of Central
Bahodopi Utara. Blok yang pertama diberikan Sulawesi for the North Bahodopi Block. The
kepada BUMD PD Kanasara dan blok yang first block was given to BUMD PD Kanasara
lainnya diberikan kepada PT Pembangunan and the other block was given to PT
Sulteng. Ombudsman kemudian meminta Pembangunan Sulteng. The Ombudsman then
Direktur Jenderal Mineral dan Batubara untuk asked the Director General of Mineral and Coal
meninjau ulang proses konversi WIUPK dan to review the WIUPK conversion process and
proses prioritas dan/atau lelang yang the priority and/or auction process won by the
dimenangkan Perusahaan. Company.
Perusahaan kemudian menyampaikan The Company then submitted a request for

permohonan tindak lanjut penerbitan IUPK Blok follow-up to the issuance of the Matarape
Matarape dan Blok Bahodopi Utara kepada Block and North Bahodopi Block IUPKs to the
Direktur Jenderal Mineral dan Batubara. Director General of Mineral and Coal.
Namun sampai dengan tanggal penerbitan However, as at the issuance date of these
laporan keuangan konsolidasian ini, IUPK consolidated financial statements, no such
tersebut belum diterbitkan. IUPKs have been issued.
Pada tanggal 31 Desember 2019, Grup As at 31 December 2019, the Group recorded
mencatat pembayaran KDI pada laporan posisi the KDI payment in the consolidated statement
keuangan konsolidasian dalam “aset tidak of financial position within “other non-current
lancar lain-lain” sampai IUPK Eksplorasi assets”, pending for the issuance of the
dikeluarkan untuk Grup. exploration IUPK to the Group.
p. Permasalahan hukum terkait dengan p. Legal cases related to gold bar deliveries
pengiriman emas batangan
Perusahaan berstatus sebagai tergugat dalam The Company has been named a defendant in
sejumlah tuntutan hukum sehubungan dengan a number of lawsuits related to gold bar sales
transaksi penjualan emas batangan di transactions in Surabaya. All the cases have
Surabaya. Semua kasus hukum tersebut telah been filed in the Surabaya District Court with
diajukan ke Pengadilan Negeri Surabaya the following details:
dengan rincian sebagai berikut:



p. Permasalahan hukum terkait dengan p. Legal cases related to gold bar deliveries
pengiriman emas batangan (lanjutan) (continued)
i. Gugatan perbuatan melawan hukum i. Tort Case by Joshua Kelvin Gani,

oleh Joshua Kelvin Gani, Teguh Dwi Teguh Dwi Supriyanto, Lindawati,
Supriyanto, Lindawati, Henry dan Hery Henry dan Hery Ardianto
Ardianto
Penggugat mengklaim bahwa mereka The plaintiffs claim that they have not
belum menerima beberapa pesanan emas received their series of gold orders with
mereka senilai Rp86.985.415, yang telah total amounts of Rp86,985,415, which they
mereka bayarkan kepada Butik Emas have paid to Logam Mulia Gold Boutique
Logam Mulia milik Grup di Surabaya. of the Group in Surabaya.
ii. Gugatan perbuatan melawan hukum ii. Tort Case by Adiyanto Wiranata
oleh Adiyanto Wiranata
Penggugat mengklaim bahwa pesanan The plaintiff claims that he has not
emasnya senilai Rp27.250.397 belum received his gold orders amounting to
diterima, yang pembayarannya telah Rp27,250,397, while payments of such
diserahkan kepada Butik Emas Logam gold orders have been made to Logam
Mulia milik Grup di Surabaya. Mulia Gold Boutique of the Group in
Surabaya.
iii. Gugatan perbuatan melawan hukum iii. Tort Case by Budi Said
oleh Budi Said
Di bulan Februari 2020, Budi Said (“BS”) In February 2020, Budi Said (“BS”) filed a
mengajukan gugatan perbuatan melawan tort case againts the Company and a third
hukum kepada Perusahaan dan pihak party for allegedly not delivering the gold
ketiga dengan tuduhan Perusahaan tidak BS purchased. BS demanded the
menyerahkan emas yang telah dibeli oleh Company to pay a total amount of Rp1.3
BS. BS menuntut Perusahaan untuk trillion.
membayar sejumlah Rp1,3 triliun.
Manajemen berkeyakinan bahwa klaim dari Management believes that the claims from all
semua penggugat di atas tidak berdasar, dan the plaintiffs above are without merit, and will
oleh karenanya akan terus memperjuangkan therefore vigorously defend the cases.
kepentingan Grup dalam kasus-kasus tersebut. Accordingly, no provision has been recorded
Oleh karena itu, tidak ada provisi yang dicatat for the any potential losses arising from those
untuk kemungkinan kerugian yang timbul dari cases.
kasus-kasus tersebut.
q. Permasalahan penyelesaian pembayaran q. Payment settlement issues
i. Golden Harbour International Pte Ltd i. Golden Harbour International Pte Ltd
Pada tanggal 16 Januari 2018, Perusahaan On 16 January 2018, the Company

mengadakan perjanjian penjualan bijih entered into a nickel ore sales agreement
nikel dengan Golden Harbour International with Golden Harbour International Pte Ltd
Pte Ltd (“GHI”). GHI menunda pembayaran (“GHI”). GHI is holding up the payment due
ke Perusahaan karena terdapat perbedaan to discrepancy in nickel ore content. As at
kandungan bijih nikel yang dikirimkan. 31 December 2019, receivables from GHI
Pada tanggal 31 Desember 2019, piutang amounting to Rp54,001,254 were in the
dari GHI senilai Rp54.001.254 masih dalam process of arbitration at the Indonesian
proses arbitrase di Badan Arbitrase National Arbitration Board.
Nasional Indonesia.



q. Permasalahan penyelesaian pembayaran q. Payment settlement issues (continued)

(lanjutan)
ii. Dexin Development (H.K) Ltd ii. Dexin Development (H.K) Ltd
Pada tanggal 23 Februari 2017, On 23 February 2017, Company entered

Perusahaan mengadakan perjanjian into a nickel ore sales agreement with
penjualan bijih nikel dengan Dexin Dexin Development (H.K) Ltd (“Dexin”).
Development (H.K) Ltd (“Dexin”). The payment of a shipment was put on
Pembayaran atas salah satu pengapalan hold by Dexin after the related ship sank.
ditahan oleh Dexin setelah kapal terkait As at 31 December 2019, receivables from
tenggelam. Pada tanggal 31 Desember Dexin amounting to Rp30,839,315 were in
2019, piutang dari Dexin senilai the process of arbitration at the Indonesian
Rp30.839.315 masih dalam proses National Arbitration Board.
arbitrase di Badan Arbitrase Nasional
Indonesia.
Meskipun manajemen berkeyakinan bahwa While management believes they have strong
mereka mempunyai dasar hukum yang kuat legal defenses on these cases, there remain
untuk membela posisinya dalam kasus-kasus significant uncertainties of whether they will be
ini, terdapat ketidakpastian yang signifikan able to recover the amounts. Such
bahwa jumlah piutang terkait akan dapat circumstances have been taken into
tertagih. Hal-hal tersebut dipertimbangkan consideration in the determination of provision
dalam penentuan provisi atas piutang tak for uncollectible receivables (see Notes 7 and
tertagih (lihat Catatan 7 dan 9). 9).
r. Perjanjian Fasilitas Pinjaman Investasi r. Investment Loan Facility Agreement

antara MAS dengan BRI between MAS and BRI
Pada tanggal 27 November 2012, MAS, entitas On 27 November 2012, MAS, an associate,
asosiasi, mengadakan perjanjian fasilitas entered into an investment loan facility
pinjaman investasi dengan BRI. Pinjaman dari agreement with BRI. The loan from the facility
fasilitas tersebut akan jatuh tempo dalam 10 will be due in 10 years.
tahun.
Berdasarkan perjanjian pinjaman investasi Based on the investment loan agreement, BRI
tersebut, BRI akan memberikan fasilitas agreed to provide MAS a loan facility with a
pinjaman kepada MAS dengan batas maksimum maximum amount of Rp130,439,000 and with
sebesar Rp130.439.000 dan dengan suku a fixed annual interest rate of 8.88% for two
bunga tetap sebesar 8,88% selama dua tahun. years. The proceeds of the loan will be utilised
Pinjaman ini akan digunakan untuk proyek for the construction of the Antam Building.
pembangunan Gedung Antam.
Sehubungan dengan perjanjian ini, Perusahaan In relation to this agreement, the Company
memberikan jaminan korporasi atas 75% dari provides a corporate guarantee for 75% of the
pinjaman yang diberikan. Pada tanggal 31 loan. As at 31 December 2019, MAS has made
Desember 2019, MAS telah melakukan drawdowns from the facility amounting to
penarikan fasilitas sebesar Rp55.139.000. Rp55,139,000.


37. ASET DAN LIABILITAS KEUANGAN 37. FINANCIAL ASSETS AND LIABILITIES
Informasi di bawah ini adalah kategori aset dan The information given below relates to the Group’s
liabilitas keuangan dari Grup: financial assets and liabilities by category:
Aset keuangan Liabilitas
yang diukur keuangan yang
pada nilai Liabilitas diukur pada nilai
wajar melalui keuangan wajar melalui
laporan yang diukur laporan
laba rugi/ pada biaya laba rugi/
Financial perolehan Financial
assets diamortisasi/ liabilities
Pinjaman carried at Financial carried at
dan piutang/ fair value liabilities fair value
Loans and through measured at through Jumlah/
receivables profit or loss amortised cost profit or loss Total
Aset keuangan Financial assets

Kas dan setara kas 3,636,243,080 - - - 3,636,243,080 Cash and cash equivalents
Piutang usaha 1,002,334,714 - - - 1,002,334,714 Trade receivables
Piutang lain-lain, lancar 428,166,187 - - - 428,166,187 Other receivables, current portion
Kas yang dibatasi
penggunaannya 117,225,118 - - - 117,225,118 Restricted cash
Jumlah 5,183,969,099 - - - 5,183,969,099 Total

Utang usaha - - 739,743,696 - 739,743,696 Trade payables
Beban akrual - - 441,970,183 - 441,970,183 Accrued expenses
Liabilitas derivatif - - - 10,041,652 10,041,652 Derivative liabilities
Pinjaman bank
jangka pendek - - 1,408,101,000 - 1,408,101,000 Short-term bank loans
Utang lain-lain - - 706,574,335 - 706,574,335 Other payables
Utang obligasi - - 2,098,515,743 - 2,098,515,743 Bonds payable
Pinjaman investasi - - 5,050,925,330 - 5,050,925,330 Investment loans
Liabilitas jangka
panjang lainnya - - 6,916,650 - 6,916,650 Other non-current liabilities
Jumlah - - 10,452,746,937 10,041,652 10,462,788,589 Total
31 Desember 2018* 31 December 2018*
Aset keuangan Financial assets

Kas dan setara kas 4,299,068,085 - - - 4,299,068,085 Cash and cash equivalents
Piutang lain-lain, lancar 51,014,028 - - - 51,014,028 Other receivables, current portion
Kas yang dibatasi
penggunaannya 108,355,869 - - - 108,355,869 Restricted cash
Other receivables,
Piutang lain-lain, tidak lancar 455,070,658 - - - 455,070,658 non-current portion
Piutang derivatif - 4,363,484 - - 4,363,484 Derivative receivables
Jumlah 5,857,294,163 4,363,484 - - 5,861,657,647 Total

Utang usaha - - 867,746,116 - 867,746,116 Trade payables
Beban akrual - - 784,615,861 - 784,615,861 Accrued expenses
Pinjaman bank
jangka pendek - - 1,452,000,000 - 1,452,000,000 Short-term bank loans
Liabilitas derivatif - - - 2,620,644 2,620,644 Derivative liabilities
Utang lain-lain - - 718,088,480 - 718,088,480 Other payables
Utang obligasi - - 2,097,852,666 - 2,097,852,666 Bonds payable
Pinjaman investasi - - 6,371,346,539 - 6,371,346,539 Investment loans
Liabilitas jangka
panjang lainnya - - 18,180,335 - 18,180,335 Other non-current liabilities
Jumlah - - 12,309,829,997 2,620,644 12,312,450,641 Total


38. INFORMASI ARUS KAS 38. CASH FLOW INFORMATION
a. Transaksi nonkas a. Non-cash transactions
Tabel di bawah ini menunjukkan transaksi The below table shows the Group’s material
material non kas Grup selama tahun berjalan non-cash transactions during the year as
2019 2018
Aset tetap yang berasal Acquisition of property, plant

dari (penurunan)/kenaikan and equipment from (decrease)/
utang lain-lain (171,790,463) 198,671,858 increase of other payables
Aset tetap yang berasal Acquisition of property, plant
dari (penurunan)/kenaikan and equipment from (decrease)/
beban akrual (202,896,984) 221,077,458 increase of accrued expenses
Kapitalisasi PPN menjadi Capitalisation of VAT as property,
aset tetap 100,861,209 - plant and equipment
b. Rekonsiliasi liabilitas yang timbul dari b. Reconciliation of liabilities arising from

aktivitas pendanaan financing activities
Tabel di bawah ini menunjukkan rekonsiliasi The below table sets out a reconciliation of
liabilitas yang timbul dari pendanaan untuk liabilities arising from financing activities for the
tahun yang berakhir 31 Desember 2019 dan years ended 31 December 2019 and 2018:
2018:
Perubahan non-kas/
Non-cash changes
Pergerakan
kurs mata Amortisasi
uang asing/ upfront
Arus kas Arus kas Foreign fees/
Saldo awal/ masuk/ keluar/ exchange Amortisation Saldo akhir/
Beginning Cash Cash rates of upfront Akuisisi/ Ending
balance inflows outflows movement fees Acquisition balance
2019 2019
Pinjaman bank 1,452,000,000 4,349,200,000 (4,326,801,500) (66,297,500) - - 1,408,101,000 Bank loans

Utang obligasi 2,097,852,666 - - - 663,077 - 2,098,515,743 Bonds payable
Pinjaman investasi 6,371,346,539 1,825,317,661 (2,904,827,111) (246,690,508) 5,778,749 - 5,050,925,330 Investment loans
Jumlah 9,921,199,205 6,174,517,661 (7,231,628,611) (312,988,008) 6,441,826 - 8,557,542,073 Total
2018 2018
Pinjaman bank 2,715,620,000 4,150,225,894 (5,661,044,581) 247,198,687 - - 1,452,000,000 Bank loans

Utang obligasi 2,996,840,760 - (900,000,000) - 1,011,906 - 2,097,852,666 Bonds payable
Pinjaman investasi 3,686,454,552 2,071,972,675 (601,986,512) 291,407,108 2,334,372 921,164,344 6,371,346,539 Investment loans
Jumlah 9,398,915,312 6,222,198,569 (7,163,031,093) 538,605,795 3,346,278 921,164,344 9,921,199,205 Total


39. MANAJEMEN RISIKO KEUANGAN 39. FINANCIAL RISK MANAGEMENT
Berbagai aktivitas yang dilakukan membuat Grup The Group’s activities expose it to a variety of
menghadapi berbagai macam risiko keuangan, financial risks, including the effects of changes in
termasuk dampak perubahan harga komoditas dan commodity prices and foreign currency exchange
nilai tukar mata uang asing. Program manajemen rates. The Group’s overall risk management
risiko yang dimiliki Grup ditujukan untuk program focuses on the unpredictability of financial
menghadapi ketidakpastian yang dihadapi dalam markets and seeks to minimise unforeseen effects
pasar keuangan dan untuk meminimalkan dampak on the financial performance of the Group.
yang tidak diharapkan pada kinerja keuangan Grup.
Komite Manajemen Risiko, yang berada dibawah Risk Management Committee, under the direction
Dewan Komisaris, memiliki peran dan tanggung of Board of Commissioners, is responsible for
jawab untuk mendukung fungsi pengawasan supporting the supervisory function of the Board of
Dewan Komisaris, mengkaji ulang kerangka kerja Commissioners, reviewing the risk management
manajemen risiko agar selaras dengan tujuan framework in order to align it with the Company’s
Perusahaan dan memastikan efektivitas dari kinerja objectives and ensuring the effectiveness of risk
pelaksanaan manajemen risiko. management implementation performance.
Perusahaan melakukan integrasi dan penyelarasan The Company integrated its risk management
pengelolaan risiko terhadap strategi dan strategies and established the Task Force
membentuk Satuan Kerja Enterprise Risk Enterprise Risk Management (“ERM”) that is
Management (“ERM”) yang bertanggung jawab directly responsible to the Board of Directors.
langsung kepada Direksi.
a. Risiko harga komoditas a. Commodity price risks
Piutang usaha Grup dari penjualan feronikel The Group's trade receivables from ferronickel
dan bijih nikel secara langsung berkaitan and nickel ore sales are directly linked to LME
dengan indeks harga nikel LME. Pada tanggal price index. As at 31 December 2019, if the
31 Desember 2019, jika harga nikel LME LME nickel price had weakened/strengthened
melemah/menguat sebesar 5% (dengan by 5% (assuming all other variables remain
semua variabel lainnya dianggap tidak unchanged), the profit before income tax of the
berubah), maka laba sebelum pajak Group would have been lower/higher by
penghasilan Grup akan menurun/meningkat approximately Rp19,179,532 (2018:
sekitar Rp19.179.532 (2018: Rp29.163.980). Rp29,163,980).
b. Risiko mata uang dan tingkat suku bunga b. Foreign exchange and interest rate risks
Risiko mata uang Foreign exchange risks
Pendapatan dan posisi kas Grup sebagian The Group’s revenue and cash position are
besar dalam mata uang Dolar AS sedangkan mostly in US Dollars while most of the Group’s
sebagian besar beban operasi Grup dalam operating expenses are in Indonesian Rupiah.
mata uang Rupiah. Grup juga memiliki In addition, the Group also has significant
pinjaman signifikan dalam Dolar AS, maka borrowings in US Dollars. Thus, the Group
Grup mempunyai eksposur risiko melemahnya suffers from the negative effect of the
nilai Rupiah terhadap Dolar AS. Indonesian Rupiah weakening against the US
Dollar.
2019
REPORT
LAPORAN TAHUNAN
Surat Pernyataan Tanggung Jawab atas

Laporan Tahunan PT Aneka Tambang Tbk
Tahun Buku 2019
dan
Surat Pernyataan Direksi tentang
Tanggung Jawab atas Manajemen Risiko
dan Pengendalian Internal
dan Entitas Anak
Responsibility Statement Letter Pertaining to
The Annual Report of PT Aneka Tambang Tbk
for the Fiscal Year of 2019
and
The Statement of the Board of Directors Regarding
the Responsibility for the Risk Management
and Internal Control of
and Subsidiaries
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нϲϮϮϭϳϴϵϭϮϯϰ dĞůĞƉŚŽŶĞEƵŵďĞƌ
EŽŵŽƌdĞůĞĨŽŶ
:ĂďĂƚĂŶ ŝƌĞŬƚƵƌ<ĞƵĂŶŐĂŶͬ&ŝŶĂŶĐĞŝƌĞĐƚŽƌ WŽƐŝƚŝŽŶ

DĞŶǇĂƚĂŬĂŶďĂŚǁĂ͗ ĞĐůĂƌĞƚŚĂƚ͗
^ĞŚƵďƵŶŐĂŶĚĞŶŐĂŶƚĂŶŐŐƵŶŐũĂǁĂďƚĞƌŚĂĚĂƉ>ĂƉŽƌĂŶ dŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨdŚĞ ŽĂƌĚ ŽĨŝƌĞĐƚŽƌƐ ƌĞŐĂƌĚŝŶŐƚŚĞ

<ĞƵĂŶŐĂŶ <ŽŶƐŽůŝĚĂƐŝĂŶ Wd ŶĞŬĂ dĂŵďĂŶŐ dďŬ ĚĂŶ ƌĞƐƉŽŶƐŝďŝůŝƚǇĨŽƌƚŚĞŽŶƐŽůŝĚĂƚĞĚ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ
ŶƚŝƚĂƐ ŶĂŬ ƵŶƚƵŬ dĂŶŐŐĂů ϯϭ ĞƐĞŵďĞƌ ϮϬϭϵ͕ ŽĨ Wd ŶĞŬĂ dĂŵďĂŶŐ dďŬ ĂŶĚ ^ƵďƐŝĚŝĂƌŝĞƐ ĂƐ Ăƚ
ϯϭ ĞƐĞŵďĞƌ ϮϬϭϴ ĚĂŶ ϭ :ĂŶƵĂƌŝ ϮϬϭϴ͕ ǇĂŶŐ ĞĐĞŵďĞƌϯϭ͕ϮϬϭϵ͕ĞĐĞŵďĞƌϯϭ͕ϮϬϭϴĂŶĚ:ĂŶƵĂƌǇϭ͕
ĚŝƚĂŶĚĂƚĂŶŐĂŶŝ ƉĂĚĂ ƚĂŶŐŐĂů ϭϯ Ɖƌŝů ϮϬϮϬ ĚĂůĂŵ ϮϬϭϴ͕ǁŚŝĐŚǁĞƐŝŐŶĞĚŽŶƉƌŝůϭϯ͕ϮϬϮϬ͕ŝƐĨŽƵŶĚĞĚŽŶ
ŬĂŝƚĂŶŶǇĂ ĚĞŶŐĂŶ ŝŶƚĞŐƌŝƚĂƐ ůĂƉŽƌĂŶ ŬĞƵĂŶŐĂŶ ƚĞůĂŚ ƐŽƵŶĚ ƐǇƐƚĞŵ ŽĨ ƌŝƐŬ ŵĂŶĂŐĞŵĞŶƚ ĂŶĚ ŝŶƚĞƌŶĂů
ĚŝƐƵƐƵŶ ĚĂůĂŵ ƐƵĂƚƵ ƐŝƐƚĞŵ ŵĂŶĂũĞŵĞŶ ƌĞƐŝŬŽ ǇĂŶŐ ĐŽŵƉůŝĂŶĐĞ ĂŶĚ ĐŽŶƚƌŽů ǁŚŝĐŚ ŝŵƉůĞŵĞŶƚƐ ƚŚĞ ƉŽůŝĐŝĞƐ
ďĂŝŬ ĚĂŶ ƚĞůĂŚ ŵĞŵĞŶƵŚŝ ĂƚƵƌĂŶ ĚĂŶ ƉĞŶŐĞŶĚĂůŝĂŶ ĂĚŽƉƚĞĚ ďǇ ƚŚĞ ŽĂƌĚ ŽĨ ŽŵŵŝƐƐŝŽŶĞƌƐ ĂŶĚ ŽĂƌĚ ŽĨ
ŝŶƚĞƌŶĂů ƉĞƌƵƐĂŚĂĂŶ ƐĞƌƚĂ ƐĞƵĂŝ ĚĞŶŐĂŶ ŬĞďŝũĂŬĂŶͲ ŝƌĞĐƚŽƌƐ͘

ŬĞďŝũĂŬĂŶ ǇĂŶŐ ĚŝƚĞƚĂƉŬĂŶ ĞǁĂŶ <ŽŵŝƐĂƌŝƐ ĚĂŶ
ŝƌĞŬƐŝ͘
^ĞůĂŝŶ ŝƚƵ͕ ƉĞŶŐŽůĂŚĂŶ ŵĂŶĂũĞŵĞŶ ƌŝƐŝŬŽ ƉĞƌƵƐĂŚĂĂŶ͕ Furthermore, the company’s risk management, ŝŶƚĞƌŶĂů
ƉĞŵĞŶƵŚĂŶ ĂƚƵƌĂŶ ƐĞƌƚĂ ƐŝƐƚĞŵ ƉĞŶŐĞŶĚĂůŝĂŶ ŝŶƚĞƌŶĂů ĐŽŵƉůŝĂŶĐĞ ĂŶĚ ĐŽŶƚƌŽů ƐǇƐƚĞŵƐ ĂƌĞ ŽƉĞƌĂƚŝŶŐ
ƚĞůĂŚ ĚŝůĂŬƐĂŶĂŬĂŶ ƐĞĐĂƌĂ ĞĨĞŬƚŝĨ ĚĂŶ ĞĨŝƐŝĞŶ ĚĂůĂŵ ĞĨĨŝĐŝĞŶƚůǇĂŶĚĞĨĨĞĐƚŝǀĞůǇŝŶĂůůŵĂƚĞƌŝĂůĂƐƉĞĐƚƐ͘
ƐĞůƵƌƵŚĂƐƉĞŬǇĂŶŐŵĂƚĞƌŝĂů͘

ĞŵŝŬŝĂŶƉĞƌŶǇĂƚĂĂŶŝŶŝĚŝďƵĂƚĚĞŶŐĂŶƐĞďĞŶĂƌŶǇĂ͘ dŚĞĚĞĐůĂƌĂƚŝŽŶŚĂƐďĞĞŶŵĂĚĞƚƌƵƚŚĨƵůůǇ͘

ƚĂƐŶĂŵĂŝƌĞŬƐŝ͕
&ŽƌĂŶĚďĞŚĂůĨŽĨƚŚĞŽĂƌĚŽĨŝƌĞĐƚŽƌƐ͕
ĂŶĂŵŝŶ ŶƚŽŶ,ĞƌĚŝĂŶƚŽ͕^͕͘͘Ŭ͘D͘^ŝ͘

ŝƌĞŬƚƵƌhƚĂŵĂͬWƌĞƐŝĚĞŶƚŝƌĞĐƚŽƌ ŝƌĞŬƚƵƌ<ĞƵĂŶŐĂŶͬŝƌĞĐƚŽƌŽĨ&ŝŶĂŶĐĞ
Referensi Peraturan OJK
No. 29/POJK.04/2016:
Laporan Tahunan Emiten atau Perusahaan Publik
dan SEOJK No. 30/SEOJK.04/2016: Bentuk dan Isi Laporan Tahunan
Emiten atau Perusahaan Publik
OJK Reference No. 29/POJK.04/2016:
Annual Report of Public Company and SEOJK NO 30/SEOJK.04/2016:
Form and Content of Annual Report of Public Company
Halaman
Keterangan Description
Page
I. Ketentuan Umum I. General Provision
1. Laporan Tahunan Emiten atau Perusahaan Publik √ 1. Annual Report of a listed company is one of the most
merupakan sumber informasi penting bagi investor atau important sources as the base for investors or shareholders
pemegang saham sebagai salah satu dasar pertimbangan in making investment decision, and is a means of
dalam pengambilan keputusan investasi dan sarana monitoring issuers or public company.
pengawasan terhadap Emiten atau Perusahaan Publik.
2. Seiring dengan perkembangan Pasar Modal dan √ 2. Along with the development of Capital Market and the
meningkatnya kebutuhan investor atau pemegang saham growing needs of investors or shareholders regarding
atas keterbukaan informasi, Direksi dan Dewan Komisaris information disclosure, the Board of Directors and the
dituntut untuk meningkatkan kualitas keterbukaan Board of Commissioners are required to improve the
informasi melalui Laporan Tahunan Emiten atau quality of information disclosure through annual report.
Perusahaan Publik.
3. Laporan Tahunan yang disusun secara teratur dan √ 3. Annual Report should be prepared in an orderly manner
informatif dapat memberikan kemudahan bagi investor and should be informative to provide conveniences for the
atau pemegang saham dalam memperoleh informasi yang investors or shareholders in getting the information they
dibutuhkan. need.
4. Surat Edaran Otoritas Jasa Keuangan ini merupakan √ 4. This Circular Letter of the Financial Service Agency serves a
pedoman bagi Emiten atau Perusahaan Publik yang wajib guidelines for Issuers or Public Companies that should be
diterapkan dalam menyusun Laporan Tahunan. applied in preparing their Annual Report.
II. Bentuk Laporan Tahunan II. Format of Annual Report
1. Laporan Tahunan disajikan dalam bentuk dokumen cetak √ 1. Annual Report should be presented in the printed format
dan salinan dokumen elektronik. and in electronic document copy.
2. Laporan Tahunan yang disajikan dalam bentuk dokumen √ 2. The printed version of the Annual Report should be printed
cetak, dicetak pada kertas yang berwarna terang, on light-colored paper of fine quality, in A4 size, bound
berkualitas baik, berukuran A4, dijilid, dan dapat and can be reproduced in good quality.
diperbanyak dengan kualitas yang baik.
3. Laporan Tahunan yang disajikan dalam bentuk salinan √ 3. The Annual Report presented in electronic document
dokumen elektronik merupakan Laporan Tahunan yang format is the Annual Report converted into pdf format.
dikonversi dalam format pdf.
III. Isi Laporan Tahunan III. Content Of Annual Report
1. Ketentuan Umum 1. General Provision
a. Laporan Tahunan paling sedikit memuat informasi a. Annual Report should contain at least the following
mengenai: information:
1) ikhtisar data keuangan penting; 26-29 1) summary of key financial information;
2) informasi saham (jika ada); 30-33 2) stock information (if any);
3) laporan Direksi; 128-153 3) the Board of Directors report;
4) laporan Dewan Komisaris; 34-127 4) the Board of Commissioners report;
5) profil Emiten atau Perusahaan Publik; 154-301 5) profile of Issuer or Public Company;
6) analisis dan pembahasan manajemen; 302-387 6) management discussion and analysis;
7) tata kelola Emiten atau Perusahaan Publik; 388-599 7) corporate governance applied by the Issuer or
Public Company;
8) tanggung jawab sosial dan lingkungan Emiten 600-638 8) corporate social and environmental responsibility
atau Perusahaan Publik; of the Issuer or Public Company;
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9) laporan keuangan tahunan yang telah diaudit; 639-774 9) audited annual report; and
dan
10) surat pernyataan anggota Direksi dan anggota 775-777 10) statement that the Board of Directors and the
Dewan Komisaris tentang tanggung jawab atas Board of Commissioners are fully responsible for
Laporan Tahunan; the Annual Report;
b. Laporan Tahunan dapat menyajikan informasi berupa √ b. Annual Report may present the information in form
gambar, grafik, tabel, dan/atau diagram dengan of images, charts, tables, and diagrams are presented
mencantumkan judul dan/atau keterangan yang jelas, by mentioning the title and/or clear description, that
sehingga mudah dibaca dan dipahami; is easy to read and be understood;
2. Uraian Isi Laporan Tahunan 2. Description of Content of Annual Report
a. Ikhtisar Data Keuangan Penting 26-29 a. Summary of Key Financial Information
Ikhtisar Data Keuangan Penting memuat informasi Summary of Key Financial Information contains
keuangan yang disajikan dalam bentuk perbandingan financial information presented in comparison with
selama 3 (tiga) tahun buku atau sejak memulai previous 3 (three) fiscal years or since commencement
usahanya jika Emiten atau Perusahaan Publik tersebut of business if the Issuers or the Public Company
menjalankan kegiatan usahanya kurang dari 3 (tiga) commencing the business less than 3 (three) years, at
tahun, paling sedikit memuat: least contain:
1) pendapatan/penjualan; √ 1) income/sales;
2) laba bruto; √ 2) gross profit;
3) laba (rugi); √ 3) profit (loss);
4) jumlah laba (rugi) yang dapat diatribusikan √ 4) total profit (loss) attributable to equity holders of
kepada pemilik entitas induk dan kepentingan the parent entity and non-controlling interest;
non pengendali;
5) total laba (rugi) komprehensif; √ 5) total comprehensive profit (loss);
6) jumlah laba (rugi) komprehensif yang dapat √ 6) total comprehensive profit (loss) attributable
diatribusikan kepada pemilik entitas induk dan to equity holders of the parent entity and non
kepentingan non pengendali; controlling interest;
7) laba (rugi) per saham; √ 7) earning (loss) per share;
8) jumlah aset; √ 8) total assets;
9) jumlah liabilitas; √ 9) total liabilities;
10) jumlah ekuitas; √ 10) total equities;
11) rasio laba (rugi) terhadap jumlah aset; √ 11) profit (loss) to total assets ratio;
12) rasio laba (rugi) terhadap ekuitas; √ 12) profit (loss) to equities ratio;
13) rasio laba (rugi) terhadap pendapatan/penjualan; √ 13) profit (loss) to income ratio;
14) rasio lancar; √ 14) current ratio;
15) rasio liabilitas terhadap ekuitas; √ 15) liabilities to equities ratio;
16) rasio liabilitas terhadap jumlah aset; dan √ 16) liabilities to total assets ratio; and
17) informasi dan rasio keuangan lainnya yang √ 17) other information and financial ratios relevant
relevan dengan Emiten atau Perusahaan Publik to the Issuer or Public Company and type of
dan jenis industrinya; industry;
b. Informasi Saham 30-33 b. Stock Information
Informasi Saham (jika ada) paling sedikit memuat: Stock Information (if any) at least contains:
1) saham yang telah diterbitkan untuk setiap masa 30-32 1) shares issued for each three-month period in the
triwulan (jika ada) yang disajikan dalam bentuk last 2 (two) fiscal years (if any), at least covering:
perbandingan selama 2 (dua) tahun buku
terakhir, paling sedikit meliputi:
a) jumlah saham yang beredar; √ a) number of outstanding shares;
b) kapitalisasi pasar berdasarkan harga pada √ b) market capitalization based on the price at
Bursa Efek tempat saham dicatatkan; the Stock Exchange where the shares listed
on;
c) harga saham tertinggi, terendah, dan √ c) highest share price, lowest share price,
penutupan berdasarkan harga pada Bursa closing share price at the Stock Exchange
Efek tempat saham dicatatkan; dan where the shares listed on; and
d) volume perdagangan pada Bursa Efek √ d) share volume at the Stock Exchange where
tempat saham dicatatkan; the shares listed on;
Informasi pada huruf a) diungkap oleh Emiten yang Information in point a) should be disclosed by the
merupakan Perusahaan Terbuka yang sahamnya Issuer, the public company whose shares is listed or
tercatat maupun tidak tercatat di Bursa Efek; not listed in the Stock Exchange;
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Informasi pada huruf b), c), dan huruf d) hanya Information in point b), point c), and point d) only
diungkapkan jika Emiten merupakan Perusahaan be disclosed if the Issuer is a public company whose
Terbuka dan sahamnya tercatat di Bursa Efek; shares is listed in the Stock Exchange;
2) dalam hal terjadi aksi korporasi, seperti 32-23 2) in the event of corporate actions, including stock
pemecahan saham (stock split), penggabungan 241-255 split, reverse stock, dividend, bonus share, and
saham (reverse stock), dividen saham, saham change in par value of shares, then the share
bonus, dan perubahan nilai nominal saham, price referred to in point 1), should be added
informasi saham sebagaimana dimaksud pada with explanation on:
angka 1) ditambahkan penjelasan paling sedikit
mengenai:
a) tanggal pelaksanaan aksi korporasi; √ a) date of corporate action;
b) rasio pemecahan saham (stock split), √ b) stock split ratio, reverse stock, dividend,
penggabungan saham (reverse stock), bonus shares, and change in par value of
dividen saham, saham bonus, dan shares;
perubahan nilai nominal saham;
c) jumlah saham beredar sebelum dan sesudah √ c) number of outstanding shares prior to and
aksi korporasi; dan after corporate action; and
d) harga saham sebelum dan sesudah aksi √ d) share price prior to and after corporate
korporasi; action;
3) dalam hal terjadi penghentian sementara 357 3) in the event that the company’s shares were
perdagangan saham (suspension), dan/atau suspended and/or delisted from trading during
penghapusan pencatatan saham (delisting) the year under review, then the Issuers or Public
dalam tahun buku, Emiten atau Perusahaan Company should provide explanation on the
Publik menjelaskan alasan penghentian reason for the suspension and/or delisting; and
sementara perdagangan saham (suspension)
dan/atau penghapusan pencatatan saham
(delisting) tersebut; dan
4) dalam hal penghentian sementara perdagangan N.A. 4) in the event that the suspension and/or delisting
saham (suspension) dan/atau penghapusan as referred to in point 3) was still in effect until
pencatatan saham (delisting) sebagaimana the date of the Annual Report, then the Issuer
dimaksud pada angka 3) masih berlangsung or the Public Company should also explain the
hingga akhir periode Laporan Tahunan, corporate actions taken by the company in
Emiten atau Perusahaan Publik menjelaskan resolving the suspension and/or delisting;
tindakan yang dilakukan untuk menyelesaikan
penghentian sementara perdagangan saham
(suspension) dan/atau penghapusan pencatatan
saham (delisting) tersebut;
c. Laporan Direksi 128-153 c. The Board of Directors Report
Laporan Direksi paling sedikit memuat: The Board of Directors Report should at least contain
the following items:
1) uraian singkat mengenai kinerja Emiten atau 130-140 1) the performance of the Issuer or Public Company,
Perusahaan Publik, paling sedikit meliputi: at least covering:
a) strategi dan kebijakan strategis Emiten atau √ a) strategy and strategic policies of the Issuer
Perusahaan Publik; or Public Company;
b) perbandingan antara hasil yang dicapai √ b) comparison between achievement of results
dengan yang ditargetkan; dan and targets; and
c) kendala yang dihadapi Emiten atau √ c) challenges faced by the Issuer or Public
Perusahaan Publik; Company;
2) gambaran tentang prospek usaha; 141-143 2) description on business prospects;
3) penerapan tata kelola Emiten atau Perusahaan 144-146 3) implementation of good corporate governance
Publik; dan by Issuer or Public Company; and
4) perubahan komposisi anggota Direksi dan alasan 149-150 4) changes in the composition of the Board of
perubahannya (jika ada); Directors and the reason behind (if any);
d. Laporan Dewan Komisaris 34-127 d. The Board of Commissioners Report
Laporan Dewan Komisaris paling sedikit memuat: The Board of Commissioners Report should at least
contain the following items:
1) penilaian terhadap kinerja Direksi mengenai √ 1) assessment on the performance of the Board of
pengelolaan Emiten atau Perusahaan Publik; Directors in managing the Issuer or the Public
Company;
2) pengawasan terhadap implementasi strategi √ 2) supervision on the implementation of the
Emiten atau Perusahaan Publik; strategy of the Issuer or Public Company;
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3) pandangan atas prospek usaha Emiten atau √ 3) view on the business prospects of the Issuer or
Perusahaan Publik yang disusun oleh Direksi; Public Company as established by the Board of
Directors;
4) pandangan atas penerapan tata kelola Emiten √ 4) view on the implementation of the corporate
atau Perusahaan Publik; governance by the Issuer or Public Company;
5) perubahan komposisi anggota Dewan Komisaris √ 5) changes in the composition of the Board of
dan alasan perubahannya (jika ada); dan Commissioners and the reason behind (if any);
and
6) frekuensi dan cara pemberian nasihat kepada √ 6) the frequency and procedure of providing advice
anggota Direksi; to members of the Board of Directors;
e. Profil Emiten atau Perusahaan Publik 154-301 e. Profile of the Issuer or Public Company
Profil Emiten atau Perusahaan Publik paling sedikit Profile of the Issuer or Public Company should cover
memuat: at least:
1) nama Emiten atau Perusahaan Publik termasuk 158 1) name of Issuer or Public Company, including
apabila terdapat perubahan nama, alasan change of name, reason of change, and the
perubahan, dan tanggal efektif perubahan nama effective date of the change of name during the
pada tahun buku; year under review;
2) akses terhadap Emiten atau Perusahaan Publik 158 & 285 2) access to Issuer or Public Company, including
termasuk kantor cabang atau kantor perwakilan branch office or representative office, where
yang memungkinkan masyarakat dapat public can have access of information of the
memperoleh informasi mengenai Emiten atau Issuer or Public Company, which include:
Perusahaan Publik, meliputi:
a) alamat; √ a) address;
b) nomor telepon; √ b) telephone number;
c) nomor faksimile; √ c) facsimile number;
d) alamat surat elektronik; dan √ d) e-mail address; and
e) alamat Situs Web; √ e) website address;
3) riwayat singkat Emiten atau Perusahaan Publik; 159-162 3) brief history of the Issuer or Public Company;
4) visi dan misi Emiten atau Perusahaan Publik; 175-176 4) vision and mission of the Issuer or Public
Company;
5) kegiatan usaha menurut anggaran dasar 163-173 5) line of business according to the latest Articles
terakhir, kegiatan usaha yang dijalankan pada of Association, and types of products and/or
tahun buku, serta jenis barang dan/atau jasa services produced;
yang dihasilkan;
6) struktur organisasi Emiten atau Perusahaan 174 6) structure of organization of the Issuer or Public
Publik dalam bentuk bagan, paling sedikit Company in chart form, at least 1 (one) level
sampai dengan struktur 1 (satu) tingkat di bawah below the Board of Directors, with the names
Direksi, disertai dengan nama dan jabatan; and titles;
7) profil Direksi, paling sedikit memuat: 194-205 7) the Board of Directors profiles include:
a) nama dan jabatan yang sesuai dengan tugas √ a) name and short description of duties and
dan tanggung jawab; functions;
b) foto terbaru; √ b) latest photograph;
c) usia; √ c) age;
d) kewarganegaraan; √ d) citizenship;
e) riwayat pendidikan; √ e) education;
f) riwayat jabatan, meliputi informasi: √ f) history position, covering information on:
(1) dasar hukum penunjukan sebagai √ (1) legal basis for appointment as member
anggota Direksi pada Emiten atau of the Board of Directors to the said
Perusahaan Publik yang bersangkutan; Issuer or Public Company;
(2) rangkap jabatan, baik sebagai anggota √ (2) dual position, as member of the Board
Direksi, anggota Dewan Komisaris, of Directors, member of the Board of
dan/atau anggota komite serta jabatan Commissioners, and/or member of
lainnya (jika ada); dan committee, and other position (if any);
and
(3) pengalaman kerja beserta periode √ (3) working experience and period in and
waktunya baik di dalam maupun di luar outside the Issuer or Public Company;
Emiten atau Perusahaan Publik;
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g) pendidikan dan/atau pelatihan yang telah √ g) competency enhancement education and/or
diikuti anggota Direksi dalam meningkatkan training program for member of the Board
kompetensi dalam tahun buku (jika ada); of Directors during the year under review (if
dan any); and
h) hubungan Afiliasi dengan anggota Direksi √ h) disclosure of affiliation with other members
lainnya, anggota Dewan Komisaris, dan of the Board of Directors, members of
pemegang saham utama (jika ada) meliputi the Board of Commissioners, and major
nama pihak yang terafiliasi; shareholders (if any) including name of the
affiliated party;
8) profil Dewan Komisaris, paling sedikit memuat: 186-193 8) the Board of Commissioners profiles, at least
include:
a) nama; √ a) name;
b) foto terbaru; √ b) latest photograph;
c) usia; √ c) age;
d) kewarganegaraan; √ d) citizenship;
e) riwayat pendidikan; √ e) education;
f) riwayat jabatan, meliputi informasi: √ f) history position, covering information on:
(1) dasar hukum penunjukan sebagai √ (1) legal basis for the appointment as
anggota Dewan Komisaris yang bukan member of the Board of Commissioners
merupakan Komisaris Independen who is not Independent Commissioner
pada Emiten atau Perusahaan Publik at the said Issuer or Public Company;
yang bersangkutan;
(2) dasar hukum penunjukan pertama √ (2) legal bases for the first appointment as
kali sebagai anggota Dewan Komisaris member of the Board of Commissioners
yang merupakan Komisaris Independen who also Independent Commissioner
pada Emiten atau Perusahaan Publik at the said Issuer or Public Company;
yang bersangkutan;
(3) rangkap jabatan, baik sebagai anggota √ (3) dual position; as member of the Board
Dewan Komisaris, anggota Direksi, of Commissioners, member of the
dan/atau anggota komite serta jabatan Board of Directors, and/or member of
lainnya (jika ada); dan committee and other position (if any);
and
g) pendidikan dan/atau pelatihan yang telah √ g) competency enhancement education and/or
diikuti anggota Dewan Komisaris dalam training program for member of the Board
meningkatkan kompetensi dalam tahun of Commissioner during the year under
buku (jika ada); review (if any);
h) hubungan Afiliasi dengan anggota Dewan √ h) affiliation with other members of the Board
Komisaris lainnya dan pemegang saham of Commissioners, and major shareholders
utama (jika ada) meliputi nama pihak yang (if any) including name of the affiliated
terafiliasi; dan party; and
i) pernyataan independensi Komisaris √ i) statement of independence of Independent
Independen dalam hal Komisaris Commissioner in the event that the
Independen telah menjabat lebih dari 2 Independent Commissioner has been
(dua) periode (jika ada); appointed more than 2 (two) periods (if
any);
9) dalam hal terdapat perubahan susunan anggota N.A. 9) in the event that there were changes in the
Direksi dan/atau anggota Dewan Komisaris composition of the Board of Commissioners and/
yang terjadi setelah tahun buku berakhir sampai or the Board of Directors occurring between the
dengan batas waktu penyampaian Laporan period after year-end until the date the Annual
Tahunan, susunan yang dicantumkan dalam Report submitted, then the last and the previous
Laporan Tahunan adalah susunan anggota composition of the Board of Commissioners and/
Direksi dan/atau anggota Dewan Komisaris yang or the Board of Directors shall be stated in the
terakhir dan sebelumnya; Annual Report;
10) jumlah karyawan dan deskripsi sebaran tingkat 219-222 10) number of employees and description of
pendidikan dan usia karyawan dalam tahun distribution of education level and age of the
buku; employee in the year under review;
11) nama pemegang saham dan persentase 250-252 11) names of shareholders and ownership percentage
kepemilikan pada akhir tahun buku, yang terdiri at the end of the fiscal year, including:
dari:
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a) pemegang saham yang memiliki 5% (lima 250 a) shareholders having 5% (five percent) or
persen) atau lebih saham Emiten atau more shares of Issuer or Public Company;
Perusahaan Publik;
b) anggota Direksi dan anggota Dewan 251 b) Commissioners and Directors who own
Komisaris yang memiliki saham Emiten atau shares of the Issuers or Public Company; and
Perusahaan Publik; dan
c) kelompok pemegang saham masyarakat, 252 c) groups of public shareholders, or groups of
yaitu kelompok pemegang saham yang shareholders, each with less than 5% (five
masing-masing memiliki kurang dari 5% percent) ownership shares of the Issuers or
(lima persen) saham Emiten atau Perusahaan Public Company;
Publik;
12) jumlah pemegang saham dan persentase 252 12) number of shareholders and ownership
kepemilikan per akhir tahun buku berdasarkan percentage at the end of the fiscal year, based
klasifikasi: on:
a) kepemilikan institusi lokal; √ a) ownership of local institutions;
b) kepemilikan institusi asing; √ b) ownership of foreign institutions;
c) kepemilikan individu lokal; dan √ c) ownership of local individual; and
d) kepemilikan individu asing; √ d) ownership of foreign individual;
13) informasi mengenai pemegang saham utama 253 13)
information on major shareholders and
dan pengendali Emiten atau Perusahaan Publik, controlling shareholders the Issuers of Public
baik langsung maupun tidak langsung, sampai Company, directly or indirectly, and also
kepada pemilik individu, yang disajikan dalam individual shareholder, presented in the form of
bentuk skema atau bagan; scheme or diagram;
14) nama entitas anak, perusahaan asosiasi, 262-264 14) name of subsidiaries, associated companies, joint
perusahaan ventura bersama dimana Emiten venture controlled by Issuers or Public Company,
atau Perusahaan Publik memiliki pengendalian with entity, percentage of stock ownership, line
bersama entitas, beserta persentase kepemilikan of business, total assets and operating status of
saham, bidang usaha, total aset, dan status the Issuers of Public Company (if any);
operasi Emiten atau Perusahaan Publik tersebut
(jika ada);
Untuk entitas anak, ditambahkan informasi 265-266 For subsidiaries, include the addresses of the said
mengenai alamat entitas anak tersebut; subsidiaries;
15) kronologi pencatatan saham, jumlah saham, 32-33 15) chronology of share listing, number of shares,
nilai nominal, dan harga penawaran dari awal 241-248 par value, and bid price from the beginning of
pencatatan hingga akhir tahun buku serta listing up to the end of the financial year, and
nama Bursa Efek dimana saham Emiten atau name of Stock Exchange where the Issuers of
Perusahaan Publik dicatatkan (jika ada); Public Company shares are listed;
16) kronologi pencatatan Efek lainnya selain 33 16) chronology of securities listing in addition to the
Efek sebagaimana dimaksud pada angka 255-261 said security in point 15), which at least should
15), yang paling sedikit memuat nama Efek, contain the name of the Securities, year of
tahun penerbitan, tanggal jatuh tempo, nilai issuance, date of maturity, bid price, and rating
penawaran, dan peringkat Efek (jika ada); of the securities (if any);
17) nama dan alamat lembaga dan/atau profesi 274-275 17) name and address of capital market supporting
penunjang pasar modal; institutions and/or professionals;
18) dalam hal terdapat profesi penunjang pasar 274-275 18) in the event that the capital market supporting
modal yang memberikan jasa secara berkala professionals provide services on a regular
kepada Emiten atau Perusahaan Publik, basis to the Issuer or the Public Company, then
diungkapkan informasi mengenai jasa yang information on the services provided, fee and
diberikan, komisi (fee), dan periode penugasan; period of assignment should be disclosed; and
dan
19) penghargaan dan/atau sertifikasi yang diterima 276-284 19) awards and/or certification of national and
Emiten atau Perusahaan Publik baik yang international scales bestowed on the Issuer or
berskala nasional maupun internasional dalam Public Company during the last fiscal year (if
tahun buku terakhir (jika ada), yang memuat: any), covering:
a) nama penghargaan dan/atau sertifikasi; √ a) name of award and/or certification;
b) badan atau lembaga yang memberikan; dan √ b) organization/institution that gives the
awards; and
c) masa berlaku penghargaan dan/atau √ c) award/certificate validity period (if any);
sertifikasi (kalau ada);
f. Analisis dan Pembahasan Manajemen 302-387 f. Management Discussion and Analysis
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Analisis dan pembahasan manajemen memuat analisis Management Analysis and Discussion Annual should
dan pembahasan mengenai laporan keuangan dan contain discussion and analysis on financial statements
informasi penting lainnya dengan penekanan pada and other material information emphasizing material
perubahan material yang terjadi dalam tahun buku, changes that occurred during the year under review,
yaitu paling sedikit memuat: at least including:
1) tinjauan operasi per segmen operasi sesuai 309-324 1) operational review per business segment,
dengan jenis industri Emiten atau Perusahaan according to the type of industry of the Issuer or
Publik, paling sedikit mengenai: Public Company including:
a) produksi, yang meliputi proses, kapasitas, √ a) production, including process, capacity, and
dan perkembangannya; growth;
b) pendapatan/penjualan; dan √ b) income/sales; and
c) profitabilitas; √ c) profitability;
2) kinerja keuangan komprehensif yang mencakup 325-337 2) comprehensive financial performance analysis
perbandingan kinerja keuangan dalam 2 which includes a comparison between the
(dua) tahun buku terakhir, penjelasan tentang financial performance of the last 2 (two) fiscal
penyebab adanya perubahan dan dampak years, and explanation on the causes and effects
perubahan tersebut, paling sedikit mengenai: of such changes, among others concerning:
a) aset lancar, aset tidak lancar, dan total aset; √ a. current assets, non-current assets, and total
assets;
b) liabilitas jangka pendek, liabilitas jangka √ b) short term liabilities, long term liabilities,
panjang, dan total liabilitas; total liabilities;
c) ekuitas; √ c) equities;
d) pendapatan/penjualan, beban, laba (rugi), √ d) sales/operating revenues, expenses and
penghasilan komprehensif lain, dan total profit (loss), other comprehensive revenues,
laba (rugi) komprehensif; dan and total comprehensive profit (loss); and
e) arus kas; √ e) cash flows;
3) kemampuan membayar utang dengan 337 3) the capacity to pay debts by including the
menyajikan perhitungan rasio yang relevan; computation of relevant ratios;
4) tingkat kolektibilitas piutang Emiten atau 338 4) accounts receivable collectability of the Issuer or
Perusahaan Publik dengan menyajikan Public Company, including the computation of
perhitungan rasio yang relevan; the relevant ratios;
5) struktur modal (capital structure) dan kebijakan 338-339 5) capital structure and management policies
manajemen atas struktur modal (capital concerning capital structure, including the basis
structure) tersebut disertai dasar penentuan for determining the said policy;
kebijakan dimaksud;
6) bahasan mengenai ikatan yang material untuk 339 6) discussion on material ties for the investment of
investasi barang modal dengan penjelasan paling capital goods, including the explanation on at
sedikit meliputi: least:
a) tujuan dari ikatan tersebut; √ a) the purpose of such ties;
b) sumber dana yang diharapkan untuk √ b) source of funds expected to fulfill the said
memenuhi ikatan tersebut; ties;
c) mata uang yang menjadi denominasi; dan √ c) currency of denomination; and
d) langkah yang direncanakan Emiten atau √ d) steps taken by the Issuer of Public Company
Perusahaan Publik untuk melindungi risiko to protect the position of a related foreign
dari posisi mata uang asing yang terkait; currency against risks;
7) bahasan mengenai investasi barang modal yang 339-340 7) discussion on investment of capital goods which
direalisasikan dalam tahun buku terakhir, paling was realized in the last fiscal year, at least include:
sedikit meliputi:
a) jenis investasi barang modal; √ a) type of investment of capital goods;
b) tujuan investasi barang modal; dan √ b) objective of the investment of capital goods;
and
c) nilai investasi barang modal yang √ c) value of the investment of capital goods;
dikeluarkan;
8) informasi dan fakta material yang terjadi setelah 344-345 8) material Information and facts that occurring
tanggal laporan akuntan (jika ada); after the date of the accountant’s report (if any);
9) prospek usaha dari Emiten atau Perusahaan 345-346 9) information on the prospects of the Issuer or the
Publik dikaitkan dengan kondisi industri, Company in connection with industry,economy
ekonomi secara umum dan pasar internasional in general, accompanied with supporting
disertai data pendukung kuantitatif dari sumber quantitative data if there is a reliable data source;
data yang layak dipercaya;
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10) perbandingan antara target/proyeksi pada awal 340-342 10)
comparison between target/projection at
tahun buku dengan hasil yang dicapai (realisasi), beginning of year and result (realization),
mengenai: concerning:
a) pendapatan/penjualan; √ a) income/sales;
b) laba (rugi); √ b) profit (loss);
c) struktur modal (capital structure); atau √ c) capital structure; or
d) hal lainnya yang dianggap penting bagi √ d) others that deemed necessary for the Issuer
Emiten atau Perusahaan Publik; or Public Company;
11) target/proyeksi yang ingin dicapai Emiten 342-344 11) target/projection at most for the next one year of
atau Perusahaan Publik untuk 1 (satu) tahun the Issuer or Public Company, concerning:
mendatang, mengenai:
a) pendapatan/penjualan; √ a) income/sales;
b) laba (rugi); √ b) profit (loss);
c) struktur modal (capital structure); √ c) capital structure; or
d) kebijakan dividen; atau √ d) dividend policy;
e) hal lainnya yang dianggap penting bagi √ e) or others that deemed necessary for the
Emiten atau Perusahaan Publik; Issuer or Public Company;
12) aspek pemasaran atas barang dan/atau jasa 347-349 12) marketing aspects of the company’s products
Emiten atau Perusahaan Publik, paling sedikit and/or services the Issuer or Public Company,
mengenai strategi pemasaran dan pangsa pasar; among others marketing strategy and market
share;
13) uraian mengenai dividen selama 2 (dua) tahun 254-255 13) description regarding the dividend policy during
buku terakhir (jika ada), paling sedikit: 349 the last 2 (two) fiscal years, at least:
a) kebijakan dividen; √ a) dividend policy;
b) tanggal pembayaran dividen kas dan/atau √ b) the date of the payment of cash dividend
tanggal distribusi dividen non kas; and/or date of distribution of non-cash
dividend;
c) jumlah dividen per saham (kas dan/atau non √ c) amount of cash per share (cash and/or non
kas); dan cash); and
d) jumlah dividen per tahun yang dibayar; √ d) amount of dividend per year paid;
14) realisasi penggunaan dana hasil Penawaran 253-254, 259 14) use of proceeds from Public Offerings, under the
Umum, dengan ketentuan: 350-351 condition of:
a) dalam hal selama tahun buku, Emiten √ a) during the year under review, on which
memiliki kewajiban menyampaikan the Issuer has the obligation to report the
laporan realisasi penggunaan dana, maka realization of the use of proceeds, then the
diungkapkan realisasi penggunaan dana realization of the cumulative use of proceeds
hasil Penawaran Umum secara kumulatif until the year end should be disclosed; and
sampai dengan akhir tahun buku; dan
b) dalam hal terdapat perubahan penggunaan N.A. b) in the event that there were changes
dana sebagaimana diatur dalam Peraturan in the use of proceeds as stipulated in
Otoritas Jasa Keuangan tentang Laporan the Regulation of the Financial Services
Realisasi Penggunaan Dana Hasil Penawaran Authority on the Report of the Utilization of
Umum, maka Emiten menjelaskan Proceeds from Public Offering, then Issuer
perubahan tersebut; should explain the said changes;
15) informasi material (jika ada), antara lain mengenai 351-352 15) material information (if any), among others
investasi, ekspansi, divestasi, penggabungan/ concerning investment, expansion, divestment,
peleburan usaha, akuisisi, restrukturisasi utang/ acquisition, debt/capital restructuring,
modal, transaksi Afiliasi, dan transaksi yang transactions with related parties and transactions
mengandung benturan kepentingan, yang with conflict of interest that occurred during the
terjadi pada tahun buku, antara lain memuat: year under review, among others include:
a) tanggal, nilai, dan objek transaksi; √ a) transaction date, value, and object;
b) nama pihak yang melakukan transaksi; √ b) name of transacting parties;
c) sifat hubungan Afiliasi (jika ada); √ c) nature of related parties (if any);
d) penjelasan mengenai kewajaran transaksi; √ d) description of the fairness of the transaction;
dan and
e) pemenuhan ketentuan terkait; √ e) compliance with related rules and
regulations;
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16) perubahan ketentuan peraturan perundang- 354- 16) changes in regulation which have a significant
undangan yang berpengaruh signifikan terhadap effect on the Issuer or Public Company and
Emiten atau Perusahaan Publik dan dampaknya impacts on the company (if any); and
terhadap laporan keuangan (jika ada); dan
17) perubahan kebijakan akuntansi, alasan dan 355- 17) changes in the accounting policy, rationale and
dampaknya terhadap laporan keuangan (jika impact on the financial statement (if any);
ada);
g. Tata Kelola Emiten atau Perusahaan Publik 388-599 g. Corporate Governance of the Issuer or Public
Company
Tata kelola Emiten atau Perusahaan Publik paling Corporate Governance of the Issuer or Public
sedikit memuat uraian singkat mengenai: Company contains at least:
1) Direksi, mencakup antara lain: 434-451 1) the Board of Directors, covering:
a) tugas dan tanggung jawab masing-masing 438-442 a) the tasks and responsibilities of each
anggota Direksi; member of the Board of Directors;
b) pernyataan bahwa Direksi memiliki 438 b) statement that the Board of Directors has
pedoman atau piagam (charter) Direksi; already have board manual or charter;
c) prosedur, dasar penetapan, struktur, dan 476-479 c) procedure, legal basis, structure, and
besarnya remunerasi masing-masing amount of remuneration of each member
anggota Direksi, serta hubungan antara of the Board of Directors, relation between
remunerasi dengan kinerja Emiten atau remuneration and performance of the Issuer
Perusahaan Publik; or Public Company;
d) kebijakan dan pelaksanaan tentang 458-466 d) the policies and the frequency of the meeting
frekuensi rapat Direksi, termasuk rapat of the Board of Directors, including the joint
bersama Dewan Komisaris, dan tingkat meeting with Board of Commissioners, and
kehadiran anggota Direksi dalam rapat attendance of member of the Board of
tersebut; Directors in the said meeting;
e) informasi mengenai keputusan RUPS 1 400-415 e) information on the resolution from the
(satu) tahun sebelumnya, meliputi: AGM of the previous 1 (one) year, covering:
(1) keputusan RUPS yang direalisasikan √ (1) AGM resolutions that were realized
pada tahun buku; dan during the fiscal year; and
(2) alasan dalam hal terdapat keputusan √ (2) explanation for the unrealized
yang belum direalisasikan; resolution;
f) informasi mengenai keputusan RUPS pada 400-415 f) information regarding the AGM resolution
tahun buku, meliputi: in the year under review, including:
(1) keputusan RUPS yang direalisasikan √ (1) AGM resolutions that were realized
pada tahun buku; dan during the fiscal year; and
(2) alasan dalam hal terdapat keputusan √ (2) explanation for the unrealized
yang belum direalisasikan; dan resolution;
g) penilaian terhadap kinerja komite yang 451 g) assessment on the performance of the
mendukung pelaksanaan tugas Direksi; committee under the Board of Directors;
2) Dewan Komisaris, mencakup antara lain: 416-433 2) the Board of Commissioners, among others
include:
a) tugas dan tanggung jawab Dewan 424-425 a) duties and responsibilities of the Board of
Komisaris; Commissioners;
b) pernyataan bahwa Dewan Komisaris 423 b) statement that the Board of Commissioner
memiliki pedoman atau piagam (charter) has already have the board manual or
Dewan Komisaris; charter;
c) prosedur, dasar penetapan, struktur, dan 476-478 c) procedure, legal basis, structure, and
besarnya remunerasi masing-masing amount of remuneration for each member
anggota Dewan Komisaris; of Board of Commissioners;
d) kebijakan dan pelaksanaan tentang 453-458 d) policies and frequency of meeting of
frekuensi rapat Dewan Komisaris, termasuk the Board of Commissioners, including
rapat bersama Direksi, dan tingkat meeting with the Board of Directors, and
kehadiran anggota Dewan Komisaris dalam attendance of each member of the Board of
rapat tersebut; Commissioners in the said meetings;
e) kebijakan Emiten atau Perusahaan Publik 469-475 e) policies of the Issuer or Public Company
tentang penilaian terhadap kinerja anggota regarding the assessment on the
Direksi dan anggota Dewan Komisaris dan performance of the Board of Directors
pelaksanaannya, paling sedikit meliputi: and Board of Commissioners and the
implementation, at least covering:
(1) prosedur pelaksanaan penilaian kinerja; √ (1) procedure for the implementation of
performance assessment;
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(2) kriteria yang digunakan; dan √ (2) criteria for assessment; and
(3) pihak yang melakukan penilaian; √ (3) assessor;
f) penilaian terhadap kinerja komite yang 489-490 f) assessment on the performance of
mendukung pelaksanaan tugas Dewan 497 the committees under the Board of
Komisaris; dan 504 Commissioners; and
g) dalam hal Dewan Komisaris tidak - g) in the event that the Board of Commissioners
membentuk Komite Nominasi dan does not establish the Nomination and
Remunerasi, dimuat informasi paling sedikit Remuneration Committee, than should
mengenai: contain at least:
(1) alasan tidak dibentuknya komite; dan - (1) reason not to establish the committee;
and
(2) prosedur nominasi dan remunerasi - (2) procedure of nomination and
yang dilakukan dalam tahun buku; remuneration performed in the year
under review;
3) Dewan Pengawas Syariah, bagi Emiten atau - 3) Sharia Supervisory Board, for Issuer or Public
Perusahaan Publik yang menjalankan kegiatan Company that conduct business based on sharia
usaha berdasarkan prinsip syariah sebagaimana law, as stipulated in the articles of association, at
tertuang dalam anggaran dasar, paling sedikit least containing:
memuat:
a) nama; - a) name;
b) tugas dan tanggung jawab Dewan - b) duty and responsibility of Sharia Supervisory
Pengawas Syariah; dan Board; and
c) frekuensi dan cara pemberian nasihat dan - c) frequency and procedure in providing advice
saran serta pengawasan pemenuhan Prinsip and suggestion, as well as the compliance
Syariah di Pasar Modal terhadap Emiten of Sharia Principles by the Issuer or Public
atau Perusahaan Publik; Company in the Capital Market;
4) Komite Audit, mencakup antara lain: 485-490 4) Audit Committee, among others covering:
a) nama dan jabatannya dalam keanggotaan 485 a) name and position in the committee;
komite;
b) usia; 486 b) age;
c) kewarganegaraan; 486 c) citizenship;
d) riwayat pendidikan; 486 d) education background;
e) riwayat jabatan, meliputi informasi: 486 e) history of position; including:
anggota komite; member of the committee;
(2) rangkap jabatan, baik sebagai anggota √ (2) dual position, as member of Board
Dewan Komisaris, anggota Direksi, of Commissioners, member of Board
dan/atau anggota komite serta jabatan of Directors, and/or member of
and
f) periode dan masa jabatan anggota Komite 485 f) period and terms of office of the member of
Audit; Audit Committee;
g) pernyataan independensi Komite Audit; 487 g) statement of independence of the Audit
Committee;
h) kebijakan dan pelaksanaan tentang 489 h) policies and implementation of the
frekuensi rapat Komite Audit dan tingkat frequency of meeting of the Audit
kehadiran anggota Komite Audit dalam Committee and attendance of member of
rapat tersebut; Audit Committee;
i) pendidikan dan/atau pelatihan yang telah 486 i) education and/or training during the year
diikuti dalam tahun buku (jika ada); dan under review (if any); and
j) pelaksanaan kegiatan Komite Audit 490 j) the activities of the Audit Committee in the
pada tahun buku sesuai dengan yang year under review, in accordance with the
dicantumkan dalam pedoman atau piagam Audit Committee Charter;
(charter) Komite Audit;
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5) komite lain yang dimiliki Emiten atau Perusahaan 491-499 5) other committee of the Issuer or the Public
Publik dalam rangka mendukung fungsi dan 500-505 Company formed to support the function and
tugas Direksi dan/atau Dewan Komisaris, seperti duty of the Board of Directors and/or the Board
Komite Nominasi dan Remunerasi, mencakup of Commissioners, such as Nomination and
antara lain: Remuneration Committee, containing:
a) nama dan jabatannya dalam keanggotaan 491-492 a) name and position in the Committee;
komite; 500
b) usia; 492-493 b) age;
501
c) kewarganegaraan; 492-493 c) citizenship;
501
d) riwayat pendidikan; 492-493 d) education background;
501
e) riwayat jabatan, meliputi informasi: 492-493 e) history of position, including:
501
anggota komite; member of the committee;
(2) rangkap jabatan, baik sebagai anggota √ (2) dual position, as member of Board
Dewan Komisaris, anggota Direksi, of Commissioners, member of Board
dan/atau anggota komite serta jabatan of Directors, and/or member of
and
f) periode dan masa jabatan anggota komite; 491-492 f) period and terms of office of the member of
500 Audit Committee;
g) uraian tugas dan tanggung jawab; 495 g) description of duty and responsibility;
502-503
h) pernyataan bahwa telah memiliki pedoman 495 h) statement that the Committee has already
atau piagam (charter) komite; 502 have the Charter;
i) pernyataan independensi komite; 494 i) statement of independence of the
502 Committee;
j) kebijakan dan pelaksanaan tentang 496-497 j) policies and frequency of meeting of the
frekuensi rapat komite dan tingkat 503 committee, and attendance of each member
kehadiran anggota komite dalam rapat of the committee in the said meetings;
tersebut;
k) pendidikan dan/atau pelatihan yang telah 492-493 k) education and/or training during the year
diikuti dalam tahun buku (jika ada); dan 501 under review (if any); and
l) uraian singkat pelaksanaan kegiatan komite 497-498 l) brief description on the activities of the
pada tahun buku; 505 committee;
6) Sekretaris Perusahaan, mencakup antara lain: 506-511 6) Corporate Secretary, including:
a) nama; 508 a) name;
b) domisili; 508 b) domicile;
c) riwayat jabatan, meliputi informasi: 508 c) history of position, including:
Sekretaris Perusahaan; dan Corporate Secretary; and
d) riwayat pendidikan; 508 d) education background;
e) pendidikan dan/atau pelatihan yang diikuti 509 e) education and/or training during the year
dalam tahun buku; dan under review; and
f) uraian singkat pelaksanaan tugas Sekretaris 510-511 f) brief description on the implementation of
Perusahaan pada tahun buku; duties of the Corporate Secretary in the year
under review;
7) Unit Audit Internal, mencakup antara lain: 512-521 7) Internal Audit Unit, among others including:
a) nama kepala Unit Audit Internal; 514 a) name of Head of Internal Audit Unit;
b) riwayat jabatan, meliputi informasi: 514 b) history of position, including:
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(1) dasar hukum penunjukan sebagai √ (1) legal basis for the appointment as Head
kepala Unit Audit Internal; dan of Internal Audit Unit; and
c) kualifikasi atau sertifikasi sebagai profesi 514-515 c) qualification or certification as internal
audit internal (jika ada); auditor (if any);
d) pendidikan dan/atau pelatihan yang diikuti 516-517 d) education and/or training during the year
dalam tahun buku; under review;
e) struktur dan kedudukan Unit Audit Internal; 512 e) structure and position of Internal Audit Unit;
f) uraian tugas dan tanggung jawab; 517 f) description of duties and responsibilities;
g) pernyataan bahwa telah memiliki pedoman 518 g) statement that the Internal Audit Unit has
atau piagam (charter) Unit Audit Internal; already have Internal Audit Unit charter; and
dan
h) uraian singkat pelaksanaan tugas Unit Audit 519-521 h) brief description on the implementation of
Internal pada tahun buku; duty of Internal Audit Unit during the year
under review;
8) uraian mengenai sistem pengendalian internal 522-524 8) description on internal control system adopted by
(internal control) yang diterapkan oleh Emiten the Issuer or Public Company, at least covering:
atau Perusahaan Publik, paling sedikit mengenai:
a) pengendalian keuangan dan operasional, √ a) financial and operational control, and
serta kepatuhan terhadap peraturan compliance to the other prevailing rules;
perundang-undangan lainnya; dan and
b) tinjauan atas efektivitas sistem pengendalian √ b) review on the effectiveness of internal
internal; control systems;
9) sistem manajemen risiko yang diterapkan oleh 525-538 9) risk management system implemented by the
Emiten atau Perusahaan Publik, paling sedikit company, at least includes:
mengenai:
a) gambaran umum mengenai sistem 525-530 a) general description about the company’s
manajemen risiko Emiten atau Perusahaan risk management system the Issuer or Public
Publik; Company;
b) jenis risiko dan cara pengelolaannya; dan 531-533 b) types of risk and the management; and
c) tinjauan atas efektivitas sistem manajemen 537-538 c) review the effectiveness of the risk
risiko Emiten atau Perusahaan Publik; management system applied by the Issuer
or Public Company;
10) perkara penting yang dihadapi oleh Emiten atau 566-568 10) important cases faced by the Issuer or Public
Perusahaan Publik, entitas anak, anggota Direksi Company, subsidiaries, current members of
dan anggota Dewan Komisaris (jika ada), antara the Board of Commissioners and the Board of
lain meliputi: Directors, among others include:
a) pokok perkara/gugatan; √ a) substance of the case/claim;
b) status penyelesaian perkara/gugatan; dan √ b) status of settlement of case/claim; and
c) pengaruhnya terhadap kondisi Emiten atau √ c) potential impacts on the condition of the
Perusahaan Publik; Issuer or Public Company;
11) informasi tentang sanksi administratif yang 569 11) information about administrative sanctions
dikenakan kepada Emiten atau Perusahaan imposed to Issuer or Public Company, members
Publik, anggota Dewan Komisaris dan Direksi, of the Board of Commissioners and the Board of
oleh otoritas Pasar Modal dan otoritas lainnya Directors, by the Capital Market Authority and
pada tahun buku (jika ada); other authorities during the last fiscal year (if
any);
12) informasi mengenai kode etik Emiten atau 550-553 12) information about codes of conduct of the Issuer
Perusahaan Publik meliputi: or Public Company, includes:
a) pokok-pokok kode etik; 551-552 a) key points of the code of conduct;
b) bentuk sosialisasi kode etik dan upaya 552 b) socialization of the code of conduct and
penegakannya; dan enforcement; and
c) pernyataan bahwa kode etik berlaku bagi 550 c) statement that the code of conduct is
anggota Direksi, anggota Dewan Komisaris, applicable for the Board of Commissioners,
dan karyawan Emiten atau Perusahaan the Board of Directors, and employees of
Publik; the Issuer of Public Company;
13)
informasi mengenai budaya perusahaan 180-185 13) information about corporate culture (if any) of
(corporate culture) atau nilai-nilai perusahaan the Issuer or Public Company;
(jika ada);
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14) uraian mengenai program kepemilikan saham 32-33 14) description of employee or management stock
oleh karyawan dan/atau manajemen yang 243-245 ownership program of the Issuer or Public
dilaksanakan Emiten atau Perusahaan Publik (jika Company, among others contains:
ada), antara lain mengenai:
a) jumlah saham dan/atau opsi; √ a) number of share and/or option;
b) jangka waktu pelaksanaan; √ b) period;
c) persyaratan karyawan dan/atau manajemen √ c) requirement for eligible employee and/or
yang berhak; dan management; and
d) harga pelaksanaan; √ d) exercised price;
15) uraian mengenai sistem pelaporan pelanggaran 562-565 15) description of whistleblowing system at the
(whistleblowing system) di Emiten atau Issuer or Public Company (if any), among others
Perusahaan Publik (jika ada), antara lain meliputi: include:
a) cara penyampaian laporan pelanggaran; 562-564 a) mechanism for violation reporting;
b) perlindungan bagi pelapor; 565 b) protection for the whistleblower;
c) penanganan pengaduan; 565 c) handling of violation reports;
d) pihak yang mengelola pengaduan; dan 562 d) unit responsible for handling of violation
report; and
e) hasil dari penanganan pengaduan, paling 565 e) results from violation report handling, at
sedikit meliputi: least includes:
(1) jumlah pengaduan yang masuk dan √ (1) number of complaints received and
diproses dalam tahun buku; dan processed during the fiscal year; and
(2) tindak lanjut pengaduan; √ (2) follow up of complaints;
16) penerapan atas Pedoman Tata Kelola Perusahaan 573-578 16) implementation of the Guidelines of Corporate
Terbuka bagi Emiten yang menerbitkan Efek Governance for Public Companies for Issuer
Bersifat Ekuitas atau Perusahaan Publik, meliputi: issuing Equity-based Securities or Public
Company, including:
a) pernyataan mengenai rekomendasi yang √ a) statement regarding recommendation that
telah dilaksanakan; dan/atau have been implemented; and/or
b) penjelasan atas rekomendasi yang belum √ b) description of recommendation that have
dilaksanakan, disertai alasan dan alternatif not been implemented, along with the
pelaksanaannya (jika ada); reason and alternatives of implementation
(if any);
h. Tanggung Jawab Sosial dan Lingkungan Emiten atau 600-638 h. Social and Environmental Responsibility of the Issuer
Perusahaan Publik or Public Company
1) Informasi mengenai tanggung jawab sosial 600-638 1) Information on social and environmental
dan lingkungan Emiten atau Perusahaan Publik responsibility of the Issuer or Public Company
meliputi kebijakan, jenis program, dan biaya that covers policies, types of programs, and cost,
yang dikeluarkan, antara lain terkait aspek: among others related to:
a) lingkungan hidup, antara lain: 618-624 a) environment, among others:
(1) penggunaan material dan energi yang √ (1) the use of environmentally friendly and
ramah lingkungan dan dapat didaur recyclable materials and energy;
ulang;
(2) sistem pengolahan limbah Emiten atau √ (2) the waste treatment systems of the
Perusahaan Publik; Issuer or Public Company;
(3) mekanisme pengaduan masalah √ (3) mechanism for filling complaint on
lingkungan; dan environmental issues; and
(4) sertifikasi di bidang lingkungan yang √ (4) environmental certifications;
dimiliki;
b) praktik ketenagakerjaan, kesehatan, dan 624-629 b) employment practices, occupational health
keselamatan kerja, antara lain: and safety, among others:
(1) kesetaraan gender dan kesempatan √ (1) gender equality and equal work
kerja; opportunity;
(2) sarana dan keselamatan kerja; √ (2) work and safety facilities;
(3)
tingkat perpindahan (turnover) √ (3) employee turnover;
karyawan;
(4) tingkat kecelakaan kerja; √ (4) work incident rate;
(5) pendidikan dan/atau pelatihan; √ (5) education and/or training;
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(6) remunerasi; dan √ (6) remuneration; and
(7) mekanisme pengaduan masalah √ (7) mechanism for filling complaint on
ketenagakerjaan; employment issues;
c) pengembangan sosial dan kemasyarakatan, 631-638 c) social and community development, among
antara lain: others:
(1) penggunaan tenaga kerja lokal; √ (1) the use of local work force;
(2) pemberdayaan masyarakat sekitar √ (2) empowerment of local communities
Emiten atau Perusahaan Publik antara among others through the use of raw
lain melalui penggunaan bahan baku material produced by the community or
yang dihasilkan oleh masyarakat atau by providing education;
pemberian edukasi;
(3) perbaikan sarana dan prasarana sosial; √ (3) improvement of public social facilities
and infrastructure;
(4) bentuk donasi lainnya; dan √ (4) other form of donation; and
(5) komunikasi mengenai kebijakan dan √ (5) dissemination of the policies and
prosedur anti korupsi di Emiten atau procedures of anti-corruption at the
Perusahaan Publik, serta pelatihan Issuers or Public Company, and training
mengenai anti korupsi (jika ada); on anti-corruption (if any);
d) tanggung jawab barang dan/atau jasa, 629-631 d) products and/or services responsibilities,
antara lain: among others:
(1) kesehatan dan keselamatan konsumen; √ (1) consumers’ health and safety;
(2) informasi barang dan/atau jasa; dan √ (2) products and/or services information;
and
(3) sarana, jumlah, dan penanggulangan √ (3) facilities, number, and resolution of
atas pengaduan konsumen. consumer complaint.
2) Dalam hal Emiten atau Perusahaan Publik √ 2) In the event that the Issuer or the Public Company
menyajikan informasi mengenai tanggung jawab imparts information on social and environmental
sosial dan lingkungan sebagaimana dimaksud responsibility as referred to in point 1) in separate
pada angka 1) pada laporan tersendiri seperti report such corporate social and environmental
laporan tanggung jawab sosial dan lingkungan responsibility report, or sustainability report, then
atau laporan keberlanjutan (sustainability report), the Issuers or the Public Company is excluded
Emiten atau Perusahaan Publik dikecualikan from disclosing information on social and
untuk mengungkapkan informasi mengenai environmental responsibility in Annual Report;
tanggung jawab sosial dan lingkungan dalam and
Laporan Tahunan; dan
3) Laporan sebagaimana dimaksud pada angka √ 3) The said report in point 2) should be submitted
2) disampaikan kepada Otoritas Jasa Keuangan to the Financial Service Authority along with the
bersamaan dengan penyampaian Laporan Annual Report;
Tahunan;
i. Laporan Keuangan Tahunan yang Telah Diaudit 639-774 i. Audited Annual Financial Statement
Laporan keuangan tahunan yang dimuat dalam 640-643 Financial Statements included in Annual Report
Laporan Tahunan disusun sesuai dengan Standar should be prepared in accordance with the Financial
Akuntansi Keuangan di Indonesia dan telah diaudit Accounting Standards in Indonesia and audited by an
oleh Akuntan. Laporan keuangan dimaksud memuat Accountant. The said financial statement should be
pernyataan mengenai pertanggungjawaban atas included with statement of responsibility for financial
laporan keuangan sebagaimana diatur dalam report as stipulated in the legislations in the Capital
peraturan perundang-undangan di sektor Pasar Markets sector governing the responsibility of the
Modal yang mengatur mengenai tanggung jawab Board of Directors on the financial report or the
Direksi atas laporan keuangan atau peraturan legislations in the Capital Markets sector governing
perundang-undangan di sektor Pasar Modal yang the periodic reports of securities company in the event
mengatur mengenai laporan berkala Perusahaan Efek the Issuer is a Securities Company; and
dalam hal Emiten merupakan Perusahaan Efek; dan
j. Surat Pernyataan Anggota Direksi dan Anggota 775-777 j. Letter of Statement of the Board of Directors and the
Dewan Komisaris tentang Tanggung Jawab atas Board of Commissioners regarding the Responsibility
Laporan Tahunan for Annual Reporting
Surat pernyataan anggota Direksi dan anggota 775-777 Letter of statement of the Board of Directors and the
Dewan Komisaris tentang tanggung jawab atas Board of Commissioners regarding the responsibility
Laporan Tahunan disusun sesuai dengan format Surat for Annual Reporting should be prepared according
Pernyataan Anggota Direksi dan Anggota Dewan to the format of letter of statement of member of
Komisaris tentang Tanggung Jawab atas Laporan Board of Directors and the Board of Commissioners
Tahunan sebagaimana tercantum dalam Lampiran regarding the responsibility for Annual Reporting
yang merupakan bagian tidak terpisahkan dari Surat as attached in the Attachment, which is an integral
Edaran Otoritas Jasa Keuangan ini. part of this Circulation Letter of the Financial Services
Authority.
Kriteria Annual Report Awards 2018
2018 Annual Report Award Criteria
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Kriteria dan Penjelasan Criteria and Explanations
Page
I. Umum I. General
1. Laporan tahunan disajikan dalam bahasa Indonesia yang baik √ 1. The Annual Report shall be written in good and correct
dan benar dan dianjurkan menyajikan juga dalam bahasa Indonesian, and is recommended to be presented in English
Inggris
2. Laporan tahunan dicetak dengan kualitas yang baik dan √ 2. The Annual Report shall be printed with good quality using
menggunakan jenis dan ukuran huruf yang mudah dibaca readable type and size of fonts
3. Laporan tahunan mencantumkan identitas perusahaan dengan √ 3. The Annual Report shall present clear identity of the company
jelas
4. Nama perusahaan dan tahun annual report ditampilkan di: √ 4. Company name and the annual report financial year shall be
a. Sampul muka; presented on:
b. Samping; a. Front Cover;
c. Sampul belakang; dan b. Side Cover;
d. Setiap halaman. c. Back Cover; and
d. Every page
5. Laporan tahunan ditampilkan di website perusahaan √ 5. The Annual Report shall be posted in the company’s website
Mencakup laporan tahunan terkini dan paling kurang 4 tahun Including the latest annual report as well as those for the last
terakhir. four years, at least.
II. Ikhtisar Data Keuangan Penting 26-29 II. Key Financial Highlights
1. Informasi hasil usaha perusahaan dalam bentuk perbandingan 29 1. Income statement in comparison for 3 (three) financial years or
selama 3 (tiga) tahun buku atau sejak memulai usahanya jika since the commencement of business if the company has been
perusahaan tersebut menjalankan kegiatan usahanya selama running its business activities for less than 3 (three) years
kurang dari 3 (tiga) tahun
Informasi memuat antara lain: Information contains the following:

a. Penjualan/pendapatan usaha; a. Income;
b. Laba (rugi): √ b. Profit (loss):
• Diatribusikan kepada pemilik entitas induk; dan √ • Attributable to equity holders of the parent entity; and
• Diatribusikan kepada kepentingan nonpengendali; • Attributable to non controlling interest;
c. Penghasilan komprehensif periode berjalan : c. Total comprehensive profit (loss):
• Diatribusikan kepada pemilik entitas induk; dan • Attributable to equity holders of the parent entity; and
• Diatribusikan kepada kepentingan nonpengendali; dan √ • Attributable to non controlling interest;
d. Laba (rugi) per saham. d. Earning (loss) per share.
Catatan: Apabila perusahaan tidak memiliki entitas anak, Note: If the company does not have subsidiaries, the profit
perusahaan menyajikan laba (rugi) dan penghasilan √ (loss) and other comprehensive income is presented in total.
komprehensif periode berjalan secara total.
2. Informasi posisi keuangan perusahaan dalam bentuk 28 2. Financial position in comparison for 3 (three) financial years or
perbandingan selama 3 (tiga) tahun buku atau sejak memulai since the commencement of business if the company has been
usahanya jika perusahaan tersebut menjalankan kegiatan running its business activities for less than 3 (three) years
usahanya selama kurang dari 3 (tiga) tahun
Informasi memuat antara lain: Information contains the following:

a. Jumlah investasi pada entitas asosiasi; a. Total investment on associates;
b. Jumlah aset; √ b. Total assets
c. Jumlah liabilitas; dan √ c. Total liabilities; and
d. Jumlah ekuitas. √ d. Total equity.
√
3. Rasio keuangan dalam bentuk perbandingan selama 3 (tiga) 28-29 3. Financial ratio in comparison for 3 (three) financial years or
tahun buku atau sejak memulai usahanya jika perusahaan since the commencement of business if the company has been
tersebut menjalankan kegiatan usahanya selama kurang dari running its business activities for less than 3 (three) years
3 (tiga) tahun
Information covers 5 (five) financial ratios, which are generally
Informasi memuat 5 (lima) rasio keuangan yang umum dan applied and relevant to the company’s industry.
relevan dengan industri perusahaan.
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4 Informasi harga saham dalam bentuk tabel dan grafik 4 Share price information in tables and charts
a. Jumlah saham yang beredar; 31 a. Number of shares outstanding;
b. Informasi dalam bentuk tabel yang memuat: 31-32 b. The table forms contain the following information:
• Kapitalisasi pasar berdasarkan harga pada Bursa Efek √ • Market capitalization based on share price on the Stock
tempat saham dicatatkan; Exchange where the shares are listed;
• Harga saham tertinggi, terendah, dan penutupan √ • Highest, lowest and closing share price based on share
berdasarkan harga pada Bursa Efek tempat saham price on the Stock Exchange where the shares are
dicatatkan; dan listed; and
• Volume perdagangan saham pada Bursa Efek tempat √ • Trading volume of shares on the Stock Exchange where
saham dicatatkan. the shares are listed.
c. Informasi dalam bentuk grafik yang memuat paling 31 c. The graph forms contain at least the following information:
kurang: √ • The closing price of shares based on share price on the
• Harga penutupan berdasarkan harga pada Bursa Efek Stock Exchange where the shares are listed; and
tempat saham dicatatkan; dan √ • Trading volume of shares on the Stock Exchange where
• Volume perdagangan saham pada Bursa Efek tempat the shares are listed
saham dicatatkan.
For each quarter in the latest 2 (two) financial years.
Untuk setiap masa triwulan dalam 2 (dua) tahun buku terakhir.

Note: Should be disclosed if the company does not have
Catatan: apabila perusahaan tidak memiliki kapitalisasi pasar, market capitalization, share price, and share trading volume.
informasi harga saham, dan volume perdagangan saham, agar
diungkapkan.
5. Informasi mengenai obligasi, sukuk atau obligasi konversi yang 33 5. Information regarding outstanding bonds, sukuk or convertible
masih beredar dalam 2 (dua) tahun buku terakhir bonds, in 2 (two) latest financial years
Informasi memuat:
a. Jumlah obligasi/sukuk/obligasi konversi yang beredar Information contains:
(outstanding); √ a. Number of outstanding bonds, sukuk or convertible
b. Tingkat bunga/imbalan; bonds;
c. Tanggal jatuh tempo; dan √ b. Interest rate/yield;
d. Peringkat obligasi/sukuk tahun 2015 dan 2016. √ c. Maturity date; and
√ d. Rating of bonds/sukuk in 2015 and 2016.
Catatan: apabila perusahaan tidak memiliki obligasi/sukuk/
obligasi konversi, agar diungkapkan. Note: Should be disclosed if the company does not have
outstanding bonds, sukuk or convertible bonds.
III. Laporan Dewan Komisaris dan Direksi 34-153 III. Board of Commissioners and Board of Directors’ Report
1. Laporan Dewan Komisaris 34-127 1. Board of Commissioners’ Report
Memuat hal-hal sebagai berikut: Contain the following:

a. Penilaian atas kinerja Direksi mengenai pengelolaan √ a. Assessment on the performance of the Board of Directors
perusahaan dan dasar penilaiannya; in managing the company and the basis for such
evaluation;
b. Pandangan atas prospek usaha perusahaan yang disusun √ b. Views on the business prospects of the company as
oleh Direksi dan dasar pertimbangannya; prepared by the Board of Directors and the basis for such
consideration;
c. Pandangan atas penerapan/pengelolaan whistleblowing √ c. Views on the implementation/management of the company's
system (WBS) di perusahaan dan peran Dewan Komisaris whistleblowing system (WBS), and the role of the Board of
dalam WBS tersebut; dan Commissioners in the WBS; and
d. Perubahan komposisi Dewan Komisaris (jika ada) dan √ d. Changes in the composition of the Board of
alasan perubahannya. Commissioners (if any) and the reason for such changes.
2. Laporan Direksi 127-153 2. Board of Directors' report

a. Analisis atas kinerja perusahaan, yang mencakup antara 130-140 a. Analysis of the company's performance, covering among
lain: others:
• kebijakan strategis; √ • strategic policies;
• perbandingan antara hasil yang dicapai dengan yang √ • comparison between targets and achievements; and
ditargetkan; dan
• kendala-kendala yang dihadapi perusahaan dan √ • challenges faced by the company and initiatives to deal
langkah-langkah penyelesaiannya; with those challenges;
b. Analisis tentang prospek usaha; 141-143 b. Analysis on business prospects;
c. Perkembangan penerapan tata kelola perusahaan pada 144-146 c. Developments in the implementation of GCG during the
tahun buku; dan fiscal year; and
d. Perubahan komposisi anggota Direksi (jika ada) dan alasan 149-150 d. Changes in the composition of the Board of Directors (if
perubahannya. any) and the reason for such changes.
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3 Tanda tangan anggota Dewan Komisaris dan anggota Direksi 775-777 3 Signatures of members of the Board of Commissioners and
Board of Directors

a. Tanda tangan dituangkan pada lembaran tersendiri; √ a. Signatures on a separate page;
b. Pernyataan bahwa Dewan Komisaris dan Direksi √ b. Statement of responsibility of the Board of Commissioners
bertanggung jawab penuh atas kebenaran isi laporan and Board of Directors for the accuracy of the contents of
tahunan; the Annual Report;
c. Ditandatangani seluruh anggota Dewan Komisaris √ c. Signed by all members of the Board of Commissioners and
dan anggota Direksi dengan menyebutkan nama dan Board of Directors by stating their names and position; and
jabatannya; dan
d. Penjelasan tertulis dalam surat tersendiri dari yang √ d. Written explanation in separate letter from the person(s)
bersangkutan dalam hal terdapat anggota Dewan concerned in the event that member(s) of Board of
Komisaris atau anggota Direksi yang tidak menandatangani Commissioners or Board of Directors fail to sign the annual
laporan tahunan, atau penjelasan tertulis dalam surat report; or: written explanation in separate letter from other
tersendiri dari anggota yang lain dalam hal tidak terdapat member(s) in the event that there is no written explanation
penjelasan tertulis dari yang bersangkutan. from the person(s) concerned.
IV. Profil Perusahaan 154-301 IV. Company Profile
1. Nama dan alamat lengkap perusahaan 158 1. Name and complete address of the company
Informasi memuat antara lain: nama dan alamat, kode pos, Information contains, among others, name and address, post
no. Telp, no. Fax, e-mail, dan website. code, telephone number, fax, e-mail and website.
2. Riwayat singkat perusahaan 159-162 2. Brief history of the company
Mencakup antara lain: tanggal/tahun pendirian, nama, Contain among others: date/year of establishment, name of
perubahan nama perusahaan (jika ada), dan tanggal efektif the company, change of name (if any), and effective date of
perubahan nama perusahaan. the change of name.
Catatan: apabila perusahaan tidak pernah melakukan Note: to be disclosed if the company never had a change of
perubahan nama, agar diungkapkan name
3. Bidang usaha 163-173 3. Line of business
Uraian mengenai antara lain: Description of, among others:

a. Kegiatan usaha perusahaan menurut anggaran dasar √ a. The line of business as stated in the latest Articles of
terakhir; Association;
b. Kegiatan usaha yang dijalankan; dan √ b. Business activities; and
c. Produk dan/atau jasa yang dihasilkan. √ c. Product and/or services offered.
4 Struktur Organisasi 174 4 Organization structure
Dalam bentuk bagan, meliputi nama dan jabatan paling Diagram of organization structure, containing name and
kurang sampai dengan struktur satu tingkat di bawah Direksi. position of personnel up to one level below Director, at least
5. Visi, Misi, dan Budaya Perusahaan 175-176 5. Vision, Mission and Corporate Culture
Mencakup: 180-185 Covers:
a. Visi perusahaan; 175 a. Vision;
b. Misi perusahaan; 176 b. Mission;
c. Keterangan bahwa visi dan misi tersebut telah direviu dan 175 c. Statement that the vision and mission have been reviewed
disetujui oleh Direksi/Dewan Komisaris pada tahun buku; and approved by the Board of Commissioners/Directors in
dan the fiscal year; and
d. Pernyataan mengenai budaya perusahaan (corporate 180-185 d. Statement on the corporate culture.
culture) yang dimiliki perusahaan.
6. Identitas dan riwayat hidup singkat anggota Dewan Komisaris 186-193 6. Profiles of members of the Board of Commissioners
Informasi memuat antara lain: Contain information on:

a. Nama; √ a. Name;
b. Jabatan dan periode jabatan (termasuk jabatan pada √ b. Position and period in position (including position(s) held at
perusahaan atau lembaga lain); other company/institution);
c. Umur; √ c. Age;
d. Domisili; √ d. Domicile;
e. Pendidikan (Bidang Studi dan Lembaga Pendidikan); √ e. Education (study field and education institution);
f. Pengalaman kerja (Jabatan, Instansi, dan Periode √ f. Work experience (position, company, and period in
Menjabat); dan position); and
g. Riwayat penunjukkan (periode dan jabatan) sebagai √ g. History of assignments (period and position) as member of
anggota Dewan Komisaris di Perusahaan sejak pertama the Board of Commissioners at the company since the first
kali ditunjuk. appointment.
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7. Identitas dan riwayat hidup singkat anggota Direksi 194-205 7. Profiles of members of the Board of Directors
a. Nama; √ a. Name;
b. Jabatan dan periode jabatan (termasuk jabatan pada √ b. Position and period in position (including position(s) held at
perusahaan atau lembaga lain); other company/institution);
c. Umur; √ c. Age;
d. Domisili; √ d. Domicile;
e. Pendidikan (Bidang Studi dan Lembaga Pendidikan); √ e. Education (study field and education institution);
f. Pengalaman kerja (Jabatan, Instansi, dan Periode √ f. Work experience (position, company, and period in
Menjabat); dan position); and
g. Riwayat penunjukkan (periode dan jabatan) sebagai √ g. History of assignments (period and position) as member
anggota Direksi di Perusahaan sejak pertama kali ditunjuk. of the Board of Directors at the company since the first
appointment.
8. Jumlah karyawan (komparatif 2 tahun) dan data 219-222 8. Total number of employees (comparative for 2 years) and data
pengembangan kompetensi karyawan yang mencerminkan 227-230, 233 on employee competence development programs reflecting
adanya kesempatan untuk masing-masing level organisasi equal opportunities for each level of the organization
Informasi memuat antara lain: Information contains, among others:

a. Jumlah karyawan untuk masing-masing level organisasi; 222 a. Number of employees at each level of the organization;
b. Jumlah karyawan untuk masing-masing tingkat 221 b. Number of employees by education;
pendidikan;
c. Jumlah karyawan berdasarkan status kepegawaian; 220 c. Number of employees by employment status;
d. Data pengembangan kompetensi karyawan yang telah 227-230, 233 d. Data on employee competence development programs
dilakukan pada tahun buku yang terdiri dari pihak (level during the fiscal year, concerning position of participants,
jabatan) yang mengikuti pelatihan, jenis pelatihan, dan type of training, and purpose of training; and
tujuan pelatihan; dan
e. Biaya pengembangan kompetensi karyawan yang telah 228-229 e. The costs of employee competence development programs
dikeluarkan pada tahun buku. in the fiscal year.
9. Komposisi Pemegang saham 249-252 9. Shareholders composition
Mencakup antara lain: Covering among others:

a. Rincian nama pemegang saham yang meliputi 20 249-250 a. Names of the 20 largest shareholders and their
pemegang saham terbesar dan persentase kepemilikannya; shareholding percentage;
b. Rincian pemegang saham dan persentase kepemilikannya 250, 252 b. Details of shareholders and shareholding percentage:
meliputi:
• Nama pemegang saham yang memiliki 5% atau lebih √ • Names of shareholders with 5% or more shareholding;
saham; dan and
• Kelompok pemegang saham masyarakat dengan √ • Group of public shareholders with individual
kepemilikan saham masing-masing kurang dari 5%. shareholding of less than 5% each.
c. Nama Direktur dan Komisaris serta persentase kepemilikan 251 c. Names of Director and Commissioner with direct or indirect
sahamnya secara langsung dan tidak langsung. share-ownership and the percentage of such shareholding.
Catatan: apabila Direktur dan Komisaris tidak memiliki saham Note: should be disclosed if the Director and Commissioner
langsung dan tidak langsung, agar diungkapkan. does not own shares, directly or indirectly.
10. Daftar entitas anak dan/atau entitas asosiasi 262-264 10. List of subsidiaries and/or associated entities
Dalam bentuk tabel memuat informasi antara lain: In table form, containing:
a. Nama entitas anak dan/atau asosiasi; √ a. Name of subsidiary and/or associated entity;
b. Persentase kepemilikan saham; √ b. Share-ownership percentage;
c. Keterangan tentang bidang usaha entitas anak dan/atau √ c. Line of business of subsidiary and/or associated entity; and
entitas asosiasi; dan
d. Keterangan status operasi entitas anak dan/atau entitas √ d. Operational status of subsidiary and/or associated entity (in
asosiasi (telah beroperasi atau belum beroperasi). commercial operation/not yet in commercial operation).
11. Struktur grup perusahaan 267 11. Corporate group structure
Struktur grup perusahaan dalam bentuk bagan yang Diagram of corporate group structure involving relationship of
menggambarkan entitas induk, entitas anak, entitas asosiasi, the parent company, subsidiary, associated entity, joint venture,
joint venture, dan special purpose vehicle (SPV). and special purpose vehicle (SPV).
12. Kronologi penerbitan saham (termasuk private placement) dan/ 32-33 12. Chronology of share listing (including private placement) and/
atau pencatatan saham dari awal penerbitan sampai dengan 241-248 or share listing from the share issuance up to the end of the
akhir tahun buku fiscal year
Mencakup antara lain: Covers, among others:

a. Tahun penerbitan saham, jumlah saham, nilai nominal √ a. Year of share issuance, number of shares issued, par value,
saham, dan harga penawaran saham untuk masing-masing and share offer price, for each separate corporate action;
tindakan korporasi (corporate action);
b. Jumlah saham tercatat setelah masing-masing tindakan √ b. Total number of shares outstanding following the
korporasi (corporate action); dan corporate action; and
c. Nama bursa dimana saham perusahaan dicatatkan. √ c. The stock exchange where the shares are listed.
Catatan: apabila perusahaan tidak memiliki kronologi Note: should be disclosed if the company does not have a
pencatatan saham, agar diungkapkan. chronology of share listing.
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13. Kronologi penerbitan dan/atau pencatatan efek lainnya dari 33 13. Chronology of other securities issuance and/or listing from the
awal penerbitan sampai dengan akhir tahun buku 255-261 time of issuance up until the end of the fiscal year

a. Nama efek lainnya, tahun penerbitan efek lainnya, tingkat √ a. Name of security instrument, year of issuance, interest rate/
bunga/imbalan efek lainnya, dan tanggal jatuh tempo efek yield of securities, and maturity date;
lainnya;
b. Nilai penawaran efek lainnya; √ b. Offering price of other securities;
c. Nama bursa dimana efek lainnya dicatatkan; dan √ c. The stock exchange where the securities are listed; and
d. Peringkat efek. √ d. Rating of securities.
Catatan: apabila perusahaan tidak memiliki kronologi Note: should be disclosed if the company does not have
penerbitan dan pencatatan efek lainnya, agar diungkapkan chronology of other securities issuance/listing
14. Nama dan alamat lembaga dan/atau profesi penunjang 274-275 14. Name and address of supporting institutions and/or
professionals
Informasi memuat antara lain: Covers, among others:
a. Nama dan alamat BAE/pihak yang mengadministrasikan √ a. Name and address of the company's Share Registrar;
saham perusahaan;
b. Nama dan alamat Kantor Akuntan Publik; dan √ b. Name and address of Public Accountant Firm; and
c. Nama dan alamat perusahaan pemeringkat efek. √ c. Name and address of rating agencies.
15. Penghargaan yang diterima dalam tahun buku terakhir dan/ 276-284 15. Awards received during the fiscal year, or valid certification in
atau sertifikasi yang masih berlaku dalam tahun buku terakhir the fiscal year, at both national and international levels
baik yang berskala nasional maupun internasional
Informasi memuat antara lain: Covers, among others:

a. Nama penghargaan dan/atau sertifikasi; √ a. Name of award and/or certification;
b. Tahun perolehan penghargaan dan/atau sertifikasi; √ b. Year received/issued;
c. Badan pemberi penghargaan dan/atau sertifikasi; dan √ c. Name of institution that issued the award/certification; and
d. Masa berlaku (untuk sertifikasi). √ d. Validity period (certification).
16. Nama dan alamat entitas anak dan/atau kantor cabang atau 265-266 16. Name and address of subsidiaries and/or branch offices or
kantor perwakilan (jika ada) 285 representative offices (if any)
Memuat informasi antara lain: Covers information on:

a. Nama dan alamat entitas anak; dan √ a. Name and address of subsidiaries; and
b. Nama dan alamat kantor cabang/perwakilan. √ b. Name and address of branch/representative office.
Catatan: apabila perusahaan tidak memiliki entitas anak, Note: should be disclosed if the company does not have a
kantor cabang, dan kantor perwakilan, agar diungkapkan subsidiary, branch office or representative office.
17. Informasi pada Website Perusahaan 286-289 17. Information in the corporate website
Meliputi paling kurang: Covers at the very least:

a. Informasi pemegang saham sampai dengan pemilik akhir √ a. Information of shareholders up to the individual ultimate
individu; shareholder;
b. Isi Kode Etik; √ b. Contents of the Code of Conduct;
c. Informasi Rapat Umum Pemegang Saham (RUPS) paling √ c. Information on the General Meeting of Shareholders
kurang meliputi bahan mata acara yang dibahas dalam (GMS), covering at least agenda of the GMS, summary
RUPS, ringkasan risalah RUPS, dan informasi tanggal of GMS resolutions, and information of pertinent dates,
penting yaitu tanggal pengumuman RUPS, tanggal namely the dates of GMS announcement, GMS invitation,
pemanggilan RUPS, tanggal RUPS, tanggal ringkasan GMS event, and announcement of summary GMS
risalah RUPS diumumkan; resolutions;
d. Laporan keuangan tahunan terpisah (5 tahun terakhir); √ d. Annual financial statements (last 5 years);
e. Profil Dewan Komisaris dan Direksi; dan √ e. Profiles of the Board of Commissioners and Directors; and
f. Piagam/Charter Dewan Komisaris, Direksi, Komite-komite, √ f. Board manual/Charter of the BoC. BoD, Committees and
dan Unit Audit Internal. Internal Audit Unit.
18. Pendidikan dan/atau pelatihan Dewan Komisaris, Direksi, 18. Training and education for Board of Commissioners, Board of
Komite-komite, Sekretaris Perusahaan, dan Unit Audit Internal Directors, Committees, Corporate Secretary, and Internal Audit Unit
Meliputi paling kurang informasi (jenis dan pihak yang relevan Cover at least information of type of training and participant
dalam mengikuti): of:
a. Pendidikan dan/atau pelatihan untuk Dewan Komisaris; 430-431 a. Training and/or education for Board of Commissioners;
b. Pendidikan dan/atau pelatihan untuk Direksi; 447-449 b. Training and/or education for Board of Directors;
c. Pendidikan dan/atau pelatihan untuk Komite Audit; 486 c. Training and/or education for Audit Committee;
d. Pendidikan dan/atau pelatihan untuk Komite Nominasi dan - d. Training and/or education for Nomination and
Remunerasi; Remuneration Committee;
e. Pendidikan dan/atau pelatihan untuk Komite Lainnya; - e. Training and/or education for other Committee(s);
f. Pendidikan dan/atau pelatihan untuk Sekretaris 509 f. Training and/or education for Corporate Secretary; and
Perusahaan; dan
g. Pendidikan dan/atau pelatihan untuk Unit Audit Internal. 516-517 g. Training and/or education for Internal Audit Unit.
yang diikuti pada tahun buku. During the fiscal year.
Catatan: apabila tidak terdapat pendidikan dan/atau pelatihan Note: should be disclosed if there are no training and/or
pada tahun buku, agar diungkapkan education during the fiscal year
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V. Analisa dan Pembahasan Manajemen atas Kinerja Perusahaan 302-387 V. Management Discussion and Analysis on the Company
Performance
1. Tinjauan operasi per segmen usaha 1. Operation review per business segment
Memuat uraian mengenai: Includes analysis on:

a. Penjelasan masing-masing segmen usaha. 309-324 a. Elaboration on each business segment.
b. Kinerja per segmen usaha, antara lain: 309-324 b. Performance of each business segment, among others:
• Produksi; √ • Production;
• Peningkatan/penurunan kapasitas produksi; √ • Increase/Decrease of production capacity;
• Penjualan/pendapatan usaha; dan √ • Sales/income; and
• Profitabilitas. √ • Profitability.
2. Uraian atas kinerja keuangan perusahaan 325-337 2. Description on the Company’s financial performance
Analisis kinerja keuangan yang mencakup perbandingan An analysis comparing the performance of the current year
antara kinerja keuangan tahun yang bersangkutan dengan and that of the previous year (in the form of narration and
tahun sebelumnya dan penyebab kenaikan/penurunan suatu tables) and the reasons for the increase/decrease of the
akun (dalam bentuk narasi dan tabel), antara lain mengenai: accounts, including in:
a. Aset lancar, aset tidak lancar, dan total aset; √ a. Current assets, non-current assets, and total assets;
b. Liabilitas jangka pendek, liabilitas jangka panjang dan total √ b. Short-term liabilities, long-term liabilities, and total
liabilitas; liabilities;
c. Ekuitas; √ c. Equity;
d. Penjualan/pendapatan usaha, beban, laba (rugi), √ d. Sales/operating revenues, expenses, Profit (Loss), other
penghasilan komprehensif lain, dan penghasilan comprehensive income, comprehensive income for the
komprehensif periode berjalan; dan current year; and
e. Arus kas. √ e. Cash flows.
3. Bahasan dan analisis tentang kemampuan membayar utang 337-338 3. Discussion and analysis on solvability and level of the company
dan tingkat kolektibilitas piutang perusahaan, dengan receivables collectibility, by presenting relevant ratio calculation
menyajikan perhitungan rasio yang relevan sesuai dengan jenis in line with the company’s type of industry
industri perusahaan
Penjelasan tentang: Explanation on:

a. Kemampuan membayar hutang, baik jangka pendek 337 a. Solvability, both short term and long term; and
maupun jangka panjang; dan
b. Tingkat kolektibilitas piutang. 338 b. Level of receivables collectibility.
4. Bahasan tentang struktur modal (capital structure) dan 338-339 4. Discussion on capital structure, and management policy on
kebijakan manajemen atas struktur modal (capital structure capital structure
policy)
Penjelasan atas: Explanation of:

a. Rincian struktur modal (capital structure) yang terdiri dari √ a. Details of capital structure comprising of interest-bearing
utang berbasis bunga/sukuk dan ekuitas; dan debts/sukuk and equity;
b. Kebijakan manajemen atas struktur modal (capital √ b. Capital structure policies; and
structure policies); dan
c. Dasar pemilihan kebijakan manajemen atas struktur modal. √ c. Basis for the determination of capital structure policies.
5. Bahasan mengenai ikatan yang material untuk investasi barang 339 5. Discussion on material commitments of capital investments
modal (bukan ikatan pendanaan) pada tahun buku terakhir (instead of funding commitments) in the last fiscal year

a. Nama pihak yang melakukan ikatan; √ a. Parties in the commitments;
b. Tujuan dari ikatan tersebut; √ b. Objectives of the commitments;
c. Sumber dana yang diharapkan untuk memenuhi ikatan- √ c. Sources of funds to meet the commitments;
ikatan tersebut;
d. Mata uang yang menjadi denominasi; dan √ d. Denomination currency of commitments; and
e. Langkah-langkah yang direncanakan perusahaan untuk √ e. Initiatives taken to mitigate exchange rate risk.
melindungi risiko dari posisi mata uang asing yang terkait.
Catatan: apabila perusahaan tidak mempunyai ikatan terkait

investasi barang modal pada tahun buku terakhir agar Note: should be disclosed if the company does not have any
diungkapkan. material commitment for capital investments in the fiscal year.
6. Bahasan mengenai investasi barang modal yang direalisasikan 339-340 6. Discussion on capital investment realized at the latest financial
pada tahun buku terakhir year

a. Jenis investasi barang modal; √ a. Type of capital investment;
b. Tujuan investasi barang modal; dan √ b. Objectives of capital investment; and
c. Nilai investasi barang modal yang dikeluarkan pada tahun √ c. Nominal value of capital investment realized in the last
buku terakhir. fiscal year.
Catatan: apabila tidak terdapat realisasi investasi barang Note: should be disclosed if there are no capital investment.
modal, agar diungkapkan.
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7. Informasi perbandingan antara target pada awal tahun buku 340-342 7. Information on the comparison between initial target at the
dengan hasil yang dicapai (realisasi), dan target atau proyeksi beginning of financial year and the realization and target or
yang ingin dicapai untuk satu tahun mendatang mengenai projection for the next year concerning income, profit, capital
pendapatan, laba, dan lainnya yang dianggap penting bagi structure, and others considered significant target for the
perusahaan. company.

a. Perbandingan antara target pada awal tahun buku dengan √ a. Comparison of targets at the beginning of fiscal year and
hasil yang dicapai (realisasi); dan achievements; and
b. Target atau proyeksi yang ingin dicapai dalam 1 (satu) √ b. Targets or projections set for the next 1 (one) year.
tahun mendatang.
8. Informasi dan fakta material yang terjadi setelah tanggal 344-345 8. Information and material facts following the date of
laporan akuntan accounting report (Subsequent events)
Uraian kejadian penting setelah tanggal laporan akuntan Description of significant events following the date of
termasuk dampaknya terhadap kinerja dan risiko usaha di accounting report including its impact on business risk and
masa mendatang. performance in the future.
Catatan: apabila tidak ada kejadian penting setelah tanggal Note: should be disclosed if there are no subsequent events.
laporan akuntan, agar diungkapkan.
9. Uraian tentang prospek usaha perusahaan 345-346 9. Business prospects
Uraian mengenai prospek perusahaan dikaitkan dengan Description on business prospects related to the general
industri dan ekonomi secara umum disertai data pendukung industry and economy including quantitative supporting data
kuantitatif dari sumber data yang layak dipercaya. from reliable resources
10. Uraian tentang aspek pemasaran 347-349 10. Marketing aspects
Uraian tentang aspek pemasaran atas produk dan/atau jasa Description on marketing aspects of the company’s products
perusahaan, antara lain strategi pemasaran dan pangsa pasar. and/or services, among others marketing strategy and market
shares
11. Uraian mengenai kebijakan dividen dan jumlah dividen kas per 254-255 11. Description on dividend policy and total cash dividend per
saham dan jumlah dividen per tahun yang diumumkan atau 349 share and total dividend per year that are published or
dibayar selama 2 (dua) tahun buku terakhir disbursed during last 2 (two) financial years
Memuat uraian mengenai: Contain information on:

a. Kebijakan pembagian dividen; √ a. Dividend payout policy;
b. Total dividen yang dibagikan; √ b. Total dividend disbursement;
c. Jumlah dividen kas per saham; √ c. Total cash dividend per share;
d. Payout ratio; dan √ d. Payout ratio; and
e. Tanggal pengumuman dan pembayaran dividen kas. untuk √ e. Announcement date and cash dividend payout for each
masing-masing tahun. year.
Catatan: apabila tidak ada pembagian dividen, agar Note: To disclose if there are no dividend disbursement and its
diungkapkan alasannya. reasons.
12. Program kepemilikan saham oleh karyawan dan/atau 243-245, 350 12. Employee/Management Share Ownership Program (ESOP/
manajemen yang dilaksanakan perusahaan (ESOP/MSOP) yang MSOP) still ongoing in the fiscal year
masih ada sampai tahun buku
Memuat uraian mengenai: Contain information on:

a. Jumlah saham ESOP/MSOP dan realisasinya; √ a. Number of ESOP/MSOP shares and its execution;
b. Jangka waktu; √ b. Period;
c. Persyaratan karyawan dan/atau manajemen yang berhak; √ c. Eligible employee/management; and
dan
d. Harga exercise. √ d. Exercise price.
Catatan: apabila tidak memiliki program dimaksud, agar Note: should be disclosed if there are no such programs
diungkapkan.
13. Realisasi penggunaan dana hasil penawaran umum (dalam hal 253-254, 259 13. Realization of initial public offering proceeds (in the event of
perusahaan masih diwajibkan menyampaikan laporan realisasi 350-351 the company is obligated to submit the report)
penggunaan dana)
Memuat uraian mengenai: Covers the following:

a. Total perolehan dana; √ a. Total proceeds;
b. Rencana penggunaan dana; √ b. Proceeds utilization plan;
c. Rincian penggunaan dana; √ c. Proceeds utilization details;
d. Saldo dana; dan √ d. Proceeds balance; and
e. Tanggal persetujuan RUPS/RUPO atas perubahan √ e. The date of GMS/GMB resolution on the change of
penggunaan dana (jika ada). proceeds utilization (if any).
Catatan: apabila tidak memiliki informasi realisasi penggunaan Note: should be disclosed if there are no such information of
dana hasil penawaran umum, agar diungkapkan. realization of proceeds of public offering.
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14. Informasi transaksi material yang mengandung benturan 352-354 14. Material transaction information with conflict of interest and/
kepentingan dan/atau transaksi dengan pihak afiliasi or transaction with related parties

a. Nama pihak yang bertransaksi dan sifat hubungan afiliasi; √ a. Name of transacting parties and the nature of related
parties;
b. Penjelasan mengenai kewajaran transaksi; √ b. Description of the transaction fairness;
c. Alasan dilakukannya transaksi; √ c. Transaction background;
d. Realisasi transaksi pada periode tahun buku terakhir; √ d. Transaction realization at the last financial year;
e. Kebijakan perusahaan terkait dengan mekanisme review √ e. Company policy related with transaction review
atas transaksi; dan mechanism; and
f. Pemenuhan peraturan dan ketentuan terkait. √ f. Compliance to relevant regulations and provisions.
Catatan: apabila tidak mempunyai transaksi dimaksud, agar Note: To disclose if there are no transactions.
diungkapkan.
15. Uraian mengenai perubahan peraturan perundang-undangan 354 15. Description on changes in laws and regulations during the
terhadap perusahaan pada tahun buku terakhir fiscal year that impacted on the company
Uraian memuat antara lain: Covers information on:

a. Nama peraturan perundang-undangan yang mengalami √ a. Name of regulations; and
perubahan; dan
b. Dampaknya (kuantitatif dan/atau kualitatif) terhadap √ b. The impact (quantitative and/or qualitative) on the
perusahaan (jika signifikan) atau pernyataan bahwa company, or statement of the insignificant impact
dampaknya tidak signifikan.
Catatan: apabila tidak terdapat perubahan peraturan Note: To disclose if there are no changes in the laws and
perundang-undangan pada tahun buku terakhir, agar regulations that have significant impacts
diungkapkan.
16. Uraian mengenai perubahan kebijakan akuntansi yang 355 16. Description on the changes in accounting policy implemented
diterapkan perusahaan pada tahun buku terakhir by the company at the last financial year
Uraian memuat antara lain: Descriptions include among others:

a. Perubahan kebijakan akuntansi; √ a. Changes in accounting policy;
b. Alasan perubahan kebijakan akuntansi; dan √ b. Reasons for the change; and
c. Dampaknya secara kuantitatif terhadap laporan keuangan. √ c. Quantitative impact on the financial statements
Catatan: apabila tidak terdapat perubahan kebijakan akuntansi Note: To disclose if there are no changes in accounting policies
pada tahun buku terakhir, agar diungkapkan. during the fiscal year
17. Informasi kelangsungan usaha 356 17. Information on business continuity
Pengungkapan informasi mengenai: Disclosures on:
a. Hal-hal yang berpotensi berpengaruh signifikan terhadap √ a. Significant issues on the company business continuity at
kelangsungan usaha perusahaan pada tahun buku the last financial year;
terakhir;
b. Assessment manajemen atas hal-hal pada angka 1; dan √ b. Management assessment on point 1; and
c. Asumsi yang digunakan manajemen dalam melakukan √ c. Assumption implemented by the management in
assessment. conducting the assessment.
Catatan: apabila tidak terdapat hal-hal yang berpotensi Note: if there are no issues that potentially have significant
berpengaruh signifikan terhadap kelangsungan usaha influences to the company’s business continuity at the last
perusahaan pada tahun buku terakhir, agar diungkapkan financial year, to disclose the basis of management assumption
asumsi yang mendasari manajemen dalam meyakini bahwa in ensuring that there are no issues that potentially have
tidak terdapat hal-hal yang berpotensi berpengaruh signifikan significant influences to the company’s business continuity at
terhadap kelangsungan usaha perusahaan pada tahun buku the last financial year.
terakhir.
VI. Good Corporate Governance VI. Good Corporate Governance
1. Uraian Dewan Komisaris 416-433 1. Description on the Board of Commissioners
Uraian memuat antara lain: Covers the following:

a. Uraian tanggung jawab Dewan Komisaris; 424-425 a. Board of Commissioners responsibilities;
b. Penilaian atas kinerja masing-masing komite yang berada 489-490, 497, b. Assessment of performance of committees under the
di bawah Dewan Komisaris dan dasar penilaiannya; dan 504 Board and the basis for such assessment; and
c. Pengungkapan mengenai Board Charter (pedoman dan 423 c. Board Charter disclosures (Board of Commissioners work
tata tertib kerja Dewan Komisaris). guidelines and procedures)
2. Komisaris Independen (jumlahnya minimal 30% dari total 420-422 2. Independent Commissioners (at least 30% of the total
Dewan Komisaris) personnel of the Board of Commissioners)
Meliputi antara lain: Covers the following:

a. Kriteria penentuan Komisaris Independen; dan √ a. Assignment criteria of Independent Commissioners; and
b. Pernyataan tentang independensi masing-masing √ b. Independency statement of each Independent
Komisaris Independen. Commissioner.
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3. Uraian Direksi 434-451 3. Description on the Board of Directors
Uraian memuat antara lain: Covers information on, among others:

a. Ruang lingkup pekerjaan dan tanggung jawab masing- 438-442 a. Duties and responsibilities of each member of the Board of
masing anggota Direksi; Directors;
b. Penilaian atas kinerja komite-komite yang berada di bawah 451 b. Assessment of performance of committees under the
Direksi (jika ada); dan Board (if any); and
c. Pengungkapan mengenai Board Charter (pedoman dan 438 c. Board Charter disclosures (Board of Directors work
tata tertib kerja Direksi). guidelines and procedures)
4. Penilaian Penerapan GCG untuk tahun buku 2019 yang 571-599 4. GCG implementation assessment for 2019, at least for aspects
meliputi paling kurang aspek Dewan Komisaris dan Direksi of the Board of Commissioners and/or Board of Directors

a. Kriteria yang digunakan dalam penilaian; √ a. Assessment criteria;
b. Pihak yang melakukan penilaian; √ b. Assessor;
c. Skor penilaian masing-masing kriteria; √ c. Assessment score on each criteria;
d. Rekomendasi hasil penilaian; dan √ d. Recommendations on results of assessment; and
e. Alasan belum/tidak diterapkannya rekomendasi. √ e. Reasons for the delay or non implementation of such
recommendations.
Catatan: apabila tidak ada penilaian penerapan GCG untuk Note: should be disclosed if there are no GCG assessment for
tahun buku 2019, agar diungkapkan. fiscal 2019.
5. Uraian mengenai kebijakan remunerasi bagi Dewan Komisaris 476-479 5. Description of the remuneration policy for the Board of
dan Direksi Commissioners and Board of Directors
Mencakup antara lain: Covers the following:

a. Pengungkapan prosedur pengusulan sampai dengan √ a. Disclosure of procedure for the proposal and determination
penetapan remunerasi Dewan Komisaris; of remuneration for the Board of Commissioners;
b. Pengungkapan prosedur pengusulan sampai dengan √ b. Disclosure of procedure for the proposal and determination
penetapan remunerasi Direksi; of remuneration for the Board of Directors;
c. Struktur remunerasi yang menunjukkan komponen √ c. Remuneration structure showing the remuneration
remunerasi dan jumlah nominal per komponen untuk components and amounts per component for each
setiap anggota Dewan Komisaris; member of the Board of Commissioners;
d. Struktur remunerasi yang menunjukkan komponen √ d. Remuneration structure showing the remuneration
remunerasi dan jumlah nominal per komponen untuk components and amounts per component for each
setiap anggota Direksi; member of the Board of Directors;
e. Pengungkapan indikator untuk penetapan remunerasi √ e. Disclosure of indicators for the remuneration of the Board
Direksi; dan of Directors; and
f. Pengungkapan bonus kinerja, bonus non kinerja, dan/atau √ f. Disclosure of performance bonus, non-performance bonus,
opsi saham yang diterima setiap anggota Dewan Komisaris and/or share option received by each members of the
dan Direksi (jika ada). Board of Commissioners and Directors (if any).
Note: should be disclosed if there are no performance bonus,

Catatan: apabila tidak terdapat bonus kinerja, bonus non non-performance bonus, and/or share option received by each
kinerja, dan opsi saham yang diterima setiap anggota Dewan members of the Board of Commissioners and Directors.
Komisaris dan Direksi, agar diungkapkan.
6. Frekuensi dan Tingkat Kehadiran Rapat yang dihadiri mayoritas 453-466 6. Meeting frequency and attendance of Board of Commissioners
anggota pada rapat Dewan Komisaris (minimal 1 kali dalam 2 (at least once in 2 months), Board of Directors (at least once in
bulan), Rapat Direksi (minimal 1 kali dalam 1 bulan), dan Rapat a month), and joint meetings of BoC and BoD (at least once in
Gabungan Dewan Komisaris dengan Direksi (minimal 1 kali 4 months)
dalam 4 bulan)
Informasi memuat antara lain: Covers among others:

a. Tanggal Rapat; √ a. Date;
b. Peserta Rapat; dan √ b. Attendance; and
c. Agenda Rapat. √ c. Agenda.
untuk masing-masing rapat Dewan Komisaris, Direksi, dan of each of the meetings of BoC, BoD and Joint Meetings of
rapat gabungan. BoC and BoD.
7. Informasi mengenai pemegang saham utama dan pengendali, 249-253 7. Information on majority and controlling shareholders, direct or
baik langsung maupun tidak langsung, sampai kepada pemilik indirect, up to the ultimate individual shareholder
individu
Diagram with separate illustration for majority shareholders
Dalam bentuk skema atau diagram yang memisahkan and controlling shareholders
pemegang saham utama dengan pemegang saham
pengendali.
Note: majority shareholders are parties that own, directly or
Catatan: yang dimaksud pemegang saham utama adalah indirectly, at least 20% of the voting rights of the total share
pihak yang, baik secara langsung maupun tidak langsung, with voting rights issued by the company, but is not the
memiliki sekurang-kurangnya 20% (dua puluh perseratus) hak controlling shareholder
suara dari seluruh saham yang mempunyai hak suara yang
dikeluarkan oleh suatu Perseroan, tetapi bukan pemegang
saham pengendali.
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8. Pengungkapan hubungan afiliasi antara anggota Direksi, 480 8. Disclosure of affiliation between members of the Board of
Dewan Komisaris, dan Pemegang Saham Utama dan/atau Directors, Board of Commissioners and Majority/Controlling
pengendali Shareholders

a. Hubungan afiliasi antara anggota Direksi dengan anggota √ a. Affiliation between a member of the Board of Directors
Direksi lainnya; with fellow members of the Board of Directors;
b. Hubungan afiliasi antara anggota Direksi dan anggota √ b. Affiliation between a member of the Board of Directors
Dewan Komisaris; with members of the Board of Commissioners;
c. Hubungan afiliasi antara anggota Direksi dengan √ c. Affiliation between a member of the Board of Directors
Pemegang Saham Utama dan/atau Pengendali; with Majority and/or Controlling Shareholder;
d. Hubungan afiliasi antara anggota Dewan Komisaris dengan √ d. Affiliation between a member of the Board of
anggota Komisaris lainnya; dan Commissioners with fellow members of the Board of
Commissioners; and
e. Hubungan afiliasi antara anggota Dewan Komisaris dengan √ e. Affiliation between a member of the Board of
Pemegang Saham Utama dan/atau Pengendali. Commissioners with Majority and/or Controlling
Shareholder.
Catatan: apabila tidak mempunyai hubungan afiliasi dimaksud, Note: should be disclosed if there are no affiliation relationship
agar diungkapkan.
9 Komite Audit 485-490 9 Audit Committee
Mencakup antara lain: Includes the following:

a. Nama, jabatan, dan periode jabatan anggota komite audit; 486 a. Name, position and tenure of audit committee members;
b. Riwayat pendidikan (Bidang Studi dan Lembaga 486 b. Education qualifications (study field and institution) and
Pendidikan) dan pengalaman kerja (Jabatan, Instansi, dan work experience (position, company and tenure) of audit
Periode Menjabat) anggota komite audit; committee members;
c. Independensi anggota komite audit; 487 c. Independency of audit committee members;
d. Uraian tugas dan tanggung jawab; 488 d. Duties and responsibilities;
e. Uraian pelaksanaan kegiatan komite audit pada tahun 490 e. Brief report of audit committee activity; and
buku; dan
f. Frekuensi pertemuan dan tingkat kehadiran komite audit. 489 f. Meeting frequency and attendance of audit committee.
10. Komite Nominasi dan/atau Remunerasi 491-499 10. Nomination and/or Remuneration Committee

a. Nama, jabatan, dan riwayat hidup singkat anggota komite 492-493 a. Name, position and brief profiles of members of the
nominasi dan/atau remunerasi; Nomination and/or Remuneration Committee;
b. Independensi komite nominasi dan/atau remunerasi; 494 b. Independency of Nomination and/or Remuneration
Committee;
c. Uraian tugas dan tanggung jawab; 495 c. Duties and responsibilities ;
d. Uraian pelaksanaan kegiatan komite nominasi dan/atau 497-498 d. Brief report of committee activity in the fiscal year;
remunerasi pada tahun buku;
e. Frekuensi pertemuan dan tingkat kehadiran komite 496-497 e. Meeting frequency and attendance;
nominasi dan/atau remunerasi;
f. Pernyataan adanya pedoman komite nominasi dan/atau 495 f. Statement of committee charter; and
remunerasi; dan
g. Kebijakan mengenai suksesi Direksi. 498-499 g. Policies on Director succession.
11. Komite-komite lain di bawah Dewan Komisaris yang dimiliki 500-505 11. Other committees under the Board of Commissioners
oleh perusahaan

a. Nama, jabatan, dan riwayat hidup singkat anggota komite 501 a. Name, position and brief profile of members of committee;
lain;
b. Independensi komite lain; 502 b. Independency of committee;
c. Uraian tugas dan tanggung jawab; 503 c. Duties and responsibilities ;
d. Uraian pelaksanaan kegiatan komite lain pada tahun buku; 505 d. Committee activity in the fiscal year; and
dan
e. Frekuensi pertemuan dan tingkat kehadiran komite lain. 503 e. Committee meeting frequency and attendance.
12. Uraian tugas dan Fungsi Sekretaris Perusahaan 506-511 12. Description of duties and functions of Corporate Secretary
Mencakup antara lain: Information on, among others:

a. Nama, dan riwayat jabatan singkat sekretaris perusahaan; 508 a. Name and brief work experience of Corporate Secretary;
b. Domisili; 508 b. Domicile;
c. Uraian tugas dan tanggung jawab; dan 509-510 c. Duties and responsibilities; and
d. Uraian pelaksanaan tugas sekretaris perusahaan pada 510-511 d. Report of activities of Corporate Secretary in the fiscal year.
tahun buku.
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13. Uraian mengenai unit audit internal 512-521 13 Description on Internal Audit Unit

a. Nama ketua unit audit internal; 514 a. Name of internal audit unit head;
b. Jumlah pegawai (auditor internal) pada unit audit internal; 514-515 b. Total employees (internal auditors) in internal audit unit;
c. Sertifikasi sebagai profesi audit internal; 515 c. Certification on internal audit profession;
d. Kedudukan unit audit internal dalam struktur perusahaan; 512 d. Internal audit unit composition in the company’s structure;
e. Uraian pelaksanaan kegiatan unit audit internal pada 519-521 e. Brief report on internal audit unit activity implementation;
tahun buku; dan and
f. Pihak yang mengangkat dan memberhentikan ketua unit 513 f. The parties responsible to appoint/terminate the internal
audit internal. audit unit head.
14. Akuntan Publik 547-548 14. Public Accountant
Informasi memuat antara lain: Includes the following:

a. Nama dan tahun akuntan publik yang melakukan audit 548 a. Name and year of public accountant that audits the annual
laporan keuangan tahunan selama 5 tahun terakhir; financial statements in the last 5 years;
b. Nama dan tahun Kantor Akuntan Publik yang melakukan 548 b. Name and year of Public Accountant Firm that audits the
audit laporan keuangan tahunan selama 5 tahun terakhir; annual financial statements in the last 5 years;
c. Besarnya fee untuk masing-masing jenis jasa yang 547 c. The amount of fee for each service provided by public
diberikan oleh Kantor Akuntan Publik pada tahun buku accountant at the last financial year; and
terakhir; dan
d. Jasa lain yang diberikan Kantor Akuntan Publik dan 547 d. Other services provided by the accountant apart from the
akuntan publik selain jasa audit laporan keuangan tahunan audit service of annual financial statements at the last
pada tahun buku terakhir. financial year.
Catatan: apabila tidak ada jasa lain dimaksud, agar Note: to disclose if there are no other services rendered
diungkapkan.
15. Uraian mengenai manajemen risiko perusahaan 525-538 15. Description on risk management of the company

a. Penjelasan mengenai sistem manajemen risiko yang 529-530 a. Explanation on risk management system implemented by
diterapkan perusahaan; the company;
b. Penjelasan mengenai hasil reviu yang dilakukan atas sistem 537-538 b. Explanation on risk management system effectiveness
manajemen risiko pada tahun buku; evaluation;
c. Penjelasan mengenai risiko-risiko yang dihadapi 531-533 c. Explanation on risks faced by the company; and
perusahaan; dan
d. Upaya untuk mengelola risiko tersebut. 531-533 d. Risk mitigation.
16. Uraian mengenai sistem pengendalian intern 522-524 16. Description of internal control system

a. Penjelasan singkat mengenai sistem pengendalian intern, √ a. Brief explanation on internal control system, among others
antara lain mencakup pengendalian keuangan dan on financial and operational control;
operasional;
b. Penjelasan kesesuaian sistem pengendalian intern dengan √ b. Explanation on internal control system alignment with
kerangka yang diakui secara internasional (COSO – internal international standard framework (COSO – internal control
control framework); dan framework); and
c. Penjelasan mengenai hasil reviu yang dilakukan atas √ c. Explanation on internal control system effectiveness
pelaksanaan sistem pengendalian intern pada tahun buku. evaluation.
17 Uraian mengenai corporate social responsibility yang terkait 604-613 17. Description of corporate social responsibility related to
tata kelola Tanggung jawab sosial: organizational governance of social responsibility:
a. Informasi komitmen pada tanggung jawab sosial √ a. Information on Company’s commitment to social
responsibility;
b. Informasi mengenai methoda dan lingkup due diligent √ b. Information on methods and scope of due diligence on the
terhadap dampak sosial, ekonomi dan lingkungan dari social, economic and environmental impacts of Company’s
aktivitas perusahaan activities;
c. Informasi tentang stakeholder penting yang terdampak √ c. Information on significant stakeholders that are impacted
atau berpengaruh pada dampak dari kegiatan perusahaan by, or having an influence to the impact of, the Company’s
activities;
d. Informasi tentang isu isu penting sosial ekonomi dan √ d. Information on significant social, economic and
lingkungan terkait dampak kegiatan perusahaan environmental issues related to impact of the Company’s
activities;
e. Informasi tentang lingkup tanggung jawab sosial √ e. Information on the scope of the Company’s corporate
perusahaan baik yang merupakankan kewajiban maupun social responsibility, both obligatory as well as beyond
yang melebihi kewajiban obligatory;
f. Informasi tentang strategi dan program kerja perusahaan √ f. Information on the Company’s strategy and work programs
dalam menangani isu isu sosial, ekonomi dan lingkungan in the management of social, economic and environmental
dalam upaya stakeholders engagement dan meningkatkan issues, as a form of stakeholder engagement and in
value untuk stakeholder dan shareholder creating value for stakeholders and shareholders;
g. Informasi tentang berbagai program yang melebihi √ g. Information on programs that are beyond the minimum
tanggung jawab minimal perusahaan yang relevan dengan obligatory level for the Company as relevant with its
bisnis yang dijlaankan business activities;
h. Informasi tentang pembiayaan dan anggaran tanggung √ h. Information on the funding and budgeting of social
jawab sosial responsibility programs.
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18 Uraian mengenai corporate social responsibility yang terkait 613-615 18. Description of corporate social responsibility related to core
core subject Hak Azasi Manusia subject - Human Rights:
a. Informasi tentang komitmen dan kebijakan tanggung √ a. Information on commitment and policies related to social
jawab sosial core subject Hak Azasi Manusia responsibility core subject - Human Rights;
b. Informasi tentang rumusan perusahaan lingkup tanggung √ b. Information on Company’s definition on the scope of social
jawab sosial core subject Hak Azasi Manusia responsibility core subject - Human Rights;
c. Informasi tentang perencanaan corporate social √ c. Information on the planning of CSR initiatives in the area
responsibility bidang Hak Azasi Manusia of Human Rights;
d. Informasi tentang pelaksanaan inisiatif CSR bidang Hak √ d. Information on the execution of CSR initiatives in the area
Azasi Manusia of Human Rights;
e. Informasi tentang capaian dan penghargaan inisiatif CSR √ e. Information on achievements and awards for CSR
bidang Hak Azasi Manusia initiatives in the area of Human Rights.
19 Uraian mengenai corporate social responsibility yang terkait 615-618 19. Description of corporate social responsibility related to core
core subject Operasi yang adil subject - fair operating practices:
a. Informasi tentang komitmen dan kebijakan tanggung √ a. Information on commitment and policies related to social
jawab sosial core subject Operasi yang adil responsibility core subject - fair operating practices;
b. Informasi tentang rumusan perusahaan lingkup tanggung √ b. Information on Company’s definition on the scope of social
jawab sosial core subject operasi yang adil responsibility core subject - fair operating practices;
c. Informasi tentang perencanaan corporate social √ c. Information on the planning of CSR initiatives related to
responsibility bidang operasi yang adil fair operating practices;
d. Informasi tentang pelaksanaan inisiatif CSR bidang operasi √ d. Information on the execution of CSR initiatives related to
yang adil fair operating practices;
e. Informasi tentang capaian dan penghargaan inisiatif CSR √ e. Information on achievements and awards for CSR
bidang operasi yang adil initiatives related to fair operating practices.
20 Uraian mengenai corporate social responsibility yang terkait 618-624 20. Description of corporate social responsibility related to the
dengan lingkungan hidup, penyampaian informasi tentang; environment:
a. Informasi tentang komitmen dan kebijakan lingkungan √ a. Information on commitment and policies on environment;
b. Informasi tentang dampak dan risiko lingkungan penting √ b. Information on significant environmental impact and risks,
yang terkait secara langsung atau tidak langsung dengan both directly or indirectly related to the Company;
perusahaan
c. Informasi tentang target/rencana kegiatan pada tahun √ c. Information on 2018 activity target/plan established by the
2018 yang ditetapkan manajemen; Management;
d. Informasi tentang kegiatan yang dilakukan dan terkait √ d. Information on environment-related activities or programs
program lingkungan hidup yang berhubungan dengan undertaken as related to the Company’s operational
kegiatan operasional perusahaan activities;
e. Informasi tentang pelaksanaan inisitaif CSR terkait √ e. Information on the execution of CSR initiatives related to
lingkungan hidup the environment;
f. Informasi tentang capaian dampak kuantitatif atas √ f. Information on the quantitative impact or achievement
kegiatan tersebut; dan, seperti penggunaan material dan of such CSR initiatives, such as the use of environmental-
energi yang ramah lingkungan dan dapat didaur ulang, friendly and recyclable material and energy, waste
sistem pengolahan limbah perusahaan, mekanisme processing system, mechanism for environment-related
pengaduan masalah lingkungan, pertimbangan aspek complaints, consideration of environmental aspects in the
lingkungan dalam pemberian kredit kepada nasabah, dan granting of credit to creditors, and others.
lain-lain.
g. Sertifikasi di bidang lingkungan yang dimiliki. √ g. Environment-related certification.
21 Uraian mengenai corporate social responsibility yang terkait 624-629 21. Description of corporate social responsibility related to labor
dengan ketenagakerjaan, kesehatan, dan keselamatan kerja, practices, covering information on, among others:
mencakup antara lain informasi tentang:
a. Kebijakan dan komitmen tanggung jawab sosial √ a. Commitment and policies on social responsibility core
perusahaan core subjeck ketenagakerjaan subject - labor practices;
b. Informasi lingkup dan perumusan tanggung jawab sosial √ b. Information on scope and definition of social responsibility
bidang ketenagakerjaan related to labor practices;
c. Informasi terkait target/rencana kegiatan pada tahun 2018 √ c. Information on 2018 activity target/plan established by the
yang ditetapkan manajemen; dan Management;
d. Kegiatan yang dilakukan dan dampak kuantitatif atas √ d. Information on initiatives undertaken and the quantitative
kegiatan tersebut impact of such initiatives;
e. Informasi terkait praktik ketenagakerjaan, kesehatan, √ e. Information related to labor practices and work health
dan keselamatan kerja, seperti kesetaraan gender dan and safety, such as gender equality and equal work
kesempatan kerja, sarana dan keselamatan kerja, tingkat opportunity, work health and safety equipment, employee
turnover karyawan, tingkat kecelakaan kerja, remunerasi, turnover rate, work accident rate, employee remuneration,
mekanisme pengaduan masalah ketenagakerjaan, dan mechanism for labor-related complaints, and others.
lain-lain.
dengan tanggung jawab kepada konsumen, Mencakup antara consumer issues, covering among others:
lain:
a. Target/rencana kegiatan yang pada tahun 2018 ditetapkan √ a. Information on 2018 activity target/plan established by the
manajemen; dan Management;
b. Kegiatan yang dilakukan dan dampak atas kegiatan √ b. Initiatives undertaken and the impact of such initiatives;
tersebut
c. Terkait tanggung jawab produk, seperti kesehatan dan √ c. Information related to product stewardship, such as
keselamatan konsumen, informasi produk, sarana, jumlah consumer health and safety issues, product information,
dan penanggulangan atas pengaduan konsumen, dan lain- mechanism, number and resolution of consumer
lain. complaints, and others.
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dengan pengembangan sosial dan kemasyarakatan, mencakup community involvement and development, covering among
antara lain informasi tentang: others:
a. Kebijakan dan komitmen tanggung jawab sosial √ a. Commitment and policies on social responsibility core
perusahaan core subjeck pengembangan sosial dan subject - community involvement and development;
kemasyarakatan
b. Informasi tentang isu isu sosial yang relevan dengan √ b. Information on social issues relevant to the Company;
perusahaan
c. Informasi tentang risiko sosial yang dikelola perusahaan √ c. Information on social risks managed by the Company;
d. Informasi lingkup dan perumusan tanggung jawab sosial √ d. Information on scope and definition of social responsibility
bidang pengembangan sosial dan kemasyarakatan related to community involvement and development;
e. Target/rencana kegiatan pada tahun 2018 yang ditetapkan √ e. Information on 2018 activity target/plan established by the
manajemen; Management;
f. Kegiatan yang dilakukan dan dampak atas kegiatan √ f. Initiatives undertaken and the impact of such initiatives;
tersebut; dan
g. Biaya yang dikeluarkan √ g. Budget spent;
h. Terkait pengembangan sosial dan kemasyarakatan, seperti √ h. Information related to community involvement and
penggunaan tenaga kerja lokal, pemberdayaan masyarakat development, such as use of local workers, empowerment
sekitar perusahaan, perbaikan sarana dan prasarana sosial, of surrounding communities, improvement of public
bentuk donasi lainnya, komunikasi mengenai kebijakan facilities or infrastructure, other forms of donations,
dan prosedur anti korupsi, pelatihan mengenai anti communications on anti-corruption policies and
korupsi, dan lain-lain. procedures, training on anti-corruption, and others.
24. Perkara penting yang sedang dihadapi oleh perusahaan, 566-569 24. Significant litigation currently faced by the company, subsidiaries,
entitas anak, serta anggota Dewan Komisaris dan anggota and members of the Board of Commissioners and Board of
Direksi yang menjabat pada periode laporan tahunan Directors that served the position at the annual report period

a. Pokok perkara/gugatan; √ a. The principal litigation/claims;
b. Status penyelesaian perkara/gugatan; √ b. Settlement status of litigation/claims;
c. Risiko yang dihadapi perusahaan dan nilai nominal √ c. Impact to the company’s condition; and
tuntutan/gugatan; dan
d. Sanksi administrasi yang dikenakan kepada perusahaan, √ d. Administration sanctions charged to the company,
anggota Dewan Komisaris dan Direksi, oleh otoritas terkait members of the Board of Commissioners and Board of
(pasar modal, perbankan dan lainnya) pada tahun buku Directors, by relevant authorities (capital market, banking
terakhir (atau terdapat pernyataan bahwa tidak dikenakan and others) at the last fiscal year (or a statement of no
sanksi administrasi). administration sanction being charged)
Catatan: dalam hal perusahaan, entitas anak, anggota Dewan Note: To disclose in the event of no litigation
Komisaris, dan anggota Direksi tidak memiliki perkara penting,
agar diungkapkan.
25. Akses informasi dan data perusahaan 570 25. Access to company information and data
Uraian mengenai tersedianya akses informasi dan data Description on the availability of company information and
perusahaan kepada publik, misalnya melalui website (dalam data for public access, including dissemination through
bahasa Indonesia dan bahasa Inggris), media massa, mailing company website (in Bahasa and English), mass media, mailing
list, buletin, pertemuan dengan analis, dan sebagainya. list, bulletin, analyst gatherings, and others.
26. Bahasan mengenai kode etik 550-553 26. Discussion on code of conduct
Memuat uraian antara lain: Includes the following:

a. Pokok-pokok kode etik; 551-552 a. Contents of Code of Conduct;
b. Pengungkapan bahwa kode etik berlaku bagi seluruh level 550 b. Disclosure of code of conduct application in all level of
organisasi; organization;
c. Penyebarluasan kode etik; 552 c. Code of conduct dissemination;
d. Sanksi untuk masing-masing jenis pelanggaran yang diatur 553 d. Sanctions on code of conduct violations; and
dalam kode etik (normatif); dan
e. Jumlah pelanggaran kode etik beserta sanksi yang 553 e. Number of violation and sanction in the last fiscal year.
diberikan pada tahun buku terakhir.
Catatan: apabila tidak terdapat pelanggaran kode etik pada Note: should be disclosed if there are no violations of code of
tahun buku terakhir, agar diungkapkan. conduct in the last fiscal year.
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27. Pengungkapan mengenai whistleblowing system 562-565 27. Disclosure on whistleblowing system
Memuat uraian tentang mekanisme whistleblowing system Includes the following mechanism of whistleblowing system:
antara lain:
a. Penyampaian laporan pelanggaran; 562-563 a. Violations report submission;
b. Perlindungan bagi whistleblower; 565 b. Whistleblowers protection;
c. Penanganan pengaduan; 564 c. Claims handling;
d. Pihak yang mengelola pengaduan; dan 562 d. Claims managers; and
e. Jumlah pengaduan yang masuk dan diproses pada tahun 565 e. Total claims registered; and
buku terakhir; dan
f. Sanksi/tindak lanjut atas pengaduan yang telah selesai 565 f. Sanctions/report processed at the last fiscal year including
diproses pada tahun buku. its follow up measures.
Catatan: apabila tidak terdapat pengaduan yang masuk Note: should be disclosed if there is no report and follow up
dan telah selesai diproses pada tahun buku terakhir, agar action in the last fiscal year.
diungkapkan.
28. Kebijakan mengenai keberagaman komposisi Dewan Komisaris 467-468 28. Diversity of the Board of Commissioners and Board of
dan Direksi Directors Composition
Uraian kebijakan tertulis Perusahaan mengenai keberagaman Description of written policy regarding diversity of the Board of
komposisi Dewan Komisaris dan Direksi dalam pendidikan Commissioners and Board of Directors composition regarding
(bidang studi), pengalaman kerja, usia, dan jenis kelamin. education, work experience, age, and gender
Catatan: apabila tidak ada kebijakan dimaksud, agar Note: to disclose the reasons and considerations, if there is no
diungkapkan alasan dan pertimbangannya. policy applied
VII. Informasi Keuangan 639-774 VII. Financial Information
1. Surat Pernyataan Direksi dan/atau Dewan Komisaris tentang 640-641 1. Board of Directors and/or Board of Commissioners’ Statements
Tanggung Jawab atas Laporan Keuangan regarding the Responsibility for the Financial Statements
Conformity with related regulations regarding the Financial
Kesesuaian dengan peraturan terkait tentang Tanggung Jawab Statements Responsibility
atas Laporan Keuangan.
2. Opini auditor independen atas laporan keuangan 642-643 2. Independent auditor opinion on financial statements
3. Deskripsi Auditor Independen di Opini 642-643 3. Independent Auditor Description in the Opinion
Deskripsi memuat tentang: Description contains the following:

a. Nama dan tanda tangan; √ a. Name & signatures;
b. Tanggal Laporan Audit; dan √ b. Audit Report date; and
c. Nomor ijin KAP dan nomor ijin Akuntan Publik. √ c. License of Public Accountant Firm and license of Public
Accountant
4. Laporan keuangan yang lengkap 644-774 4. Comprehensive financial statements
Memuat secara lengkap unsur-unsur laporan keuangan: Comprehensively covers the financial statements elements:
a. Laporan posisi keuangan; √ a. Statements of financial position;
b. Laporan laba rugi dan penghasilan komprehensif lain; √ b. Statements of comprehensive income and other
comprehensive income;
c. Laporan perubahan ekuitas; √ c. Statements of changes in equity;
d. Laporan arus kas; √ d. Statements of cash flows;
e. Catatan atas laporan keuangan; √ e. Notes to financial statements;
f. Informasi komparatif mengenai periode sebelumnya; dan √ f. Comparative information on previous periods; and
g. Laporan posisi keuangan pada awal periode sebelumnya √ g. Statements of financial position at the beginning of
ketika entitas menerapkan suatu kebijakan akuntansi previous periods upon the application of retrospective
secara retrospektif atau membuat penyajian kembali pos- accounting policy by the entity or representation of
pos laporan keuangan, atau ketika entitas mereklasifikasi financial statements postings, or reclassifications of
pos-pos dalam laporan keuangannya (jika relevan). postings in the financial statements (if relevant).
5. Perbandingan tingkat profitabilitas 647-648 5. Profitability level comparison
Perbandingan kinerja/laba (rugi) tahun berjalan dengan tahun Comparison of current profit (loss) with the previous year
sebelumnya
6. Laporan Arus Kas 650 6. Statements of Cash Flows
Memenuhi ketentuan sebagai berikut: Conformity to the following provisions:

a. Pengelompokan dalam tiga kategori aktivitas: operasi, √ a. Grouping into three category of activities of operations,
investasi, dan pendanaan; investment, and financing;
b. Penggunaan metode langsung (direct method) untuk √ b. Direct method application in the statements of cash flows
melaporkan arus kas dari aktivitas operasi; from operations activity;
c. Pemisahan penyajian antara penerimaan kas dan atau √ c. Separation of presentation between cash in and or cash
pengeluaran kas selama tahun berjalan pada aktivitas out during current year in the operation, investment and
operasi, investasi dan pendanaan; dan financing activities;
d. Pengungkapan transaksi non kas harus dicantumkan √ d. Disclosure of non cash transaction shall be stated in the
dalam catatan atas laporan keuangan. notes to financial statements.
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7. Ikhtisar Kebijakan Akuntansi 659-688 7. Summary of accounting policies
Meliputi sekurang-kurangnya: Including at least:

a. Pernyataan kepatuhan terhadap SAK; √ a. Compliance statement to SAK;
b. Dasar pengukuran dan penyusunan laporan keuangan; √ b. Basis of measurement and formulation of financial
statements;
c. Pajak penghasilan; √ c. Recognition of income and expense;
d. Imbalan kerja; dan √ d. Employee benefits; and
e. Instrumen Keuangan. √ e. Financial instrument.
8. Pengungkapan transaksi pihak berelasi 752-756 8. Disclosure of related parties transactions
Hal-hal yang diungkapkan antara lain: The disclosures includes:

a. Nama pihak berelasi, serta sifat dan hubungan dengan √ a. Name of related parties, and the nature and relationship
pihak berelasi; with related parties;
b. Nilai transaksi beserta persentasenya terhadap total √ b. Transaction values and its percentage to total income and
pendapatan dan beban terkait; dan expense; and
c. Jumlah saldo beserta persentasenya terhadap total aset √ c. Total balance and its percentage to total assets or liabilities.
atau liabilitas terkait.
9. Pengungkapan yang berhubungan dengan perpajakan 723-728 9. Disclosure related to taxes
Hal-hal yang harus diungkapkan: The disclosures shall includes:

a. Rekonsiliasi fiskal dan perhitungan beban pajak kini; √ a. Fiscal reconciliation and current tax expense calculation;
b. Penjelasan hubungan antara beban (penghasilan) pajak √ b. Explanation of relationship between tax expenses (income)
dan laba akuntansi; and accounting profit;
c. Pernyataan bahwa Laba Kena Pajak (LKP) hasil rekonsiliasi √ c. Statement that Taxable Income as a result of reconciliation
dijadikan dasar dalam pengisian SPT Tahunan PPh Badan is use as the basis in completing the 2016 Annual
tahun 2016; corporate income tax return;
d. Rincian aset dan liabilitas pajak tangguhan yang diakui √ d. The details of deferred tax assets and liabilities recognized
pada laporan posisi keuangan untuk setiap periode in the financial position statements for every presentation
penyajian, dan jumlah beban (penghasilan) pajak period, and total deferred tax expenses (income)
tangguhan yang diakui pada laporan laba rugi apabila recognized in the income statements if the total are
jumlah tersebut tidak terlihat dari jumlah aset atau not visible from the total deferred tax assets or liabilities
liabilitas pajak tangguhan yang diakui pada laporan posisi recognized in the financial position statements; and
keuangan; dan
e. Pengungkapan ada atau tidak ada sengketa pajak. √ e. Disclosure of availability or un-availability of tax disputes.
10. Pengungkapan yang berhubungan dengan aset tetap 716-718 10. Disclosure related to fixed assets

a. Metode penyusutan yang digunakan; √ a. Used depreciation method;
b. Uraian mengenai kebijakan akuntansi yang dipilih antara √ b. Description on accounting policies selected between
model revaluasi dan model biaya; revaluation model and cost model;
c. Metode dan asumsi signifikan yang digunakan dalam √ c. Significant methods and assumptions used in estimation of
mengestimasi nilai wajar aset tetap (untuk model revaluasi) fixed assets fair value (for revaluation model) or disclosure
atau pengungkapan nilai wajar aset tetap (untuk model of fixed assets fair value (for cost model); and
biaya); dan
d. Rekonsiliasi jumlah tercatat bruto dan akumulasi √ d. Reconciliation of gross total recorded and accumulation
penyusutan aset tetap pada awal dan akhir periode of fixed assets depreciation at the beginning and
dengan menunjukkan: penambahan, pengurangan dan end of period by presenting: addition, deduction and
reklasifikasi. reclassification.
11 Pengungkapan yang berhubungan dengan segmen operasi 758-760 11 Disclosure related to operations segments

a. Informasi umum yang meliputi faktor-faktor yang √ a. General information covering factors used to identify
digunakan untuk mengidentifikasi segmen yang reported segments;
dilaporkan; √ b. Information on segment’s reported profit loss, assets, and
b. Informasi tentang laba rugi, aset, dan liabilitas segmen liabilities;
yang dilaporkan; √ c. Reconciliation of segment’s total revenues, segment’s
c. Rekonsiliasi dari total pendapatan segmen, laba rugi reported profit loss, segment’s assets, segment’s liabilities,
segmen yang dilaporkan, aset segmen, liabilitas segmen, and segment’s other material elements to related total in
dan unsur material segmen lainnya terhadap jumlah terkait entity; and
dalam entitas; dan
d. Pengungkapan pada level entitas, yang meliputi informasi √ d. Disclosure of entity level, which covers information on
tentang produk dan/atau jasa, wilayah geografis dan products and/or services, geographic areas and main
pelanggan utama. customers.
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12. Pengungkapan yang berhubungan dengan Instrumen 774 12. Disclosure related to Financial Instruments
Keuangan

a. Rincian instrumen keuangan yang dimiliki berdasarkan √ a. Financial instrument classification;
klasifikasinya;
b. Nilai wajar dan hirarkinya untuk setiap kelompok √ b. Fair value of every financial instrument group;
instrumen keuangan;
c. Penjelasan risiko yang terkait dengan instrumen keuangan: c. Risk management objectives and policies;
risiko pasar, risiko kredit dan risiko likuiditas;
d. Kebijakan manajemen risiko; dan d. Explanation on risks related to financial instrument: market
risk, credit risk and liquidity risk; and
e. Analisis risiko yang terkait dengan instrumen keuangan e. Risk analysis related to financial instrument in quantitative
secara kuantitatif. way.
13. Penerbitan laporan keuangan 659 13. Financial statements publication
Hal-hal yang diungkapkan antara lain: The disclosures includes:

a. Tanggal laporan keuangan diotorisasi untuk terbit; dan a. Date of financial statements authorized for publication;
b. Pihak yang bertanggung jawab mengotorisasi laporan and
keuangan. b. Parties responsible to authorize the financial statements.
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Tata Kelola

392 Jejak Langkah Implementasi GCG 467 Keberagaman Komposisi Dewan

394 Tujuan Penerapan GCG 469 Assessment/Penilaian Kinerja

400 Rapat Umum Pemegang Saham

452 Hubungan Dewan Komisaris dan 485 Komite Audit

Tata Kelola Perusahaan yang Baik adalah salah satu indikator

512 Audit Internal 554 Pengelolaan Benturan Kepentingan

Aktivitas ekspor komoditas nikel Antam

Pernyataan Tata Kelola Perusahaan

ANTAM memperoleh predikat Most Trusted

Capaian Penilaian Penerapan GCG

98,28 92,10% 90,11

Tata Kelola Perusahaan

Highlight Aktivitas GCG Tahun 2019

1 Juli 2019 5 Juli 2019 5-6 Agustus 2019 23 Agustus 2019

14 Oktober 2019 21 November 2019 12 Desember 2019

Jejak Langkah Implementasi GCG ANTAM 1997-2019

• Pengangkatan Komisaris Independen pertama

1997 1999 2000 2001 2002 2003 2004

• Revisi Standar Etika Perusahaan dan penandatanganan

2005 2006 2007 2008 2009 2010 2011

• Penilaian BUMN Bersih dari BPKP • Adopsi terhadap Pedoman GCG

2019 2018 2017 2016 2015 2014 2013 2012

Tata Kelola Perusahaan

TUJUAN PENERAPAN GCG GCG IMPLEMENTATION OBJECTIVE

Tahapan implementasi gcg di antam GCG IMPLEMENTATION STAGE IN ANTAM

Tahapan Implementasi GCG ANTAM

STRUKTUR TATA KELOLA PERUSAHAAN CORPORATE GOVERNANCE STRUCTURE

Struktur Tata Kelola ANTAM

Rapat Umum Pemegang Saham

Direksi Dewan Komisaris

Komite Penunjang Dewan Komisaris

KEBIJAKAN TATA KELOLA PERUSAHAAN CORPORATE GOVERNANCE POLICY

Transparasi Akuntabilitas Tanggung Jawab Independensi Kewajaran

Arahan Strategis Dewan

Kebijakan Standar Etika

Sistem dan Prosedur Operasional

Pendekatan Penyusunan Kebijakan Policy Establishment Approach based

Responsibility Risk Control

internalisasi gcg INTERNALIZATION OF GCG

Rapat Umum Pemegang Saham

RUPS Tahunan Tahun Buku 2018

PEMEGANG SAHAM SHAREHOLDERS

Hak Pemegang Saham Shareholder Rights

Tanggung Jawab Pemegang Saham Shareholders Responsibility

Kebijakan Hubungan dengan Pemegang Saham Shareholders Relation Policy

Kebijakan Perdagangan Efek Berbentuk Saham Kebijakan Pengungkapan Informasi diterbitkan

Akses Informasi kepada Pemegang Saham Access to Information for Shareholders

Media Elektronik Media Sosial

• Situs www.antam.com • Twitter: @officialANTAM

PENYELENGGARAAN RUPS ORGANIZATION OF GENERAL MEETING OF

RUPS Tahun Buku 2018 RUPS Luar Biasa Tahun 2019

2 April 2019 April 2, 2019 27 November 2019 November 27, 2019

Pelaksanaan RUPS Tempat Location: Tempat Location:

26 April 2019 April 26, 2019 20 Desember 2019 December 20,2019

Through a letter to the FSA Number 213/09/

Ketentuan Kuorum Terms of Quorum

RUPS Tahun Buku 2018 RUPS Luar Biasa Tahun 2019