Page 124 - XL Axiata Integrated Anual Report 2020 ENG

122
2020 Integrated Annual Report
Date
20/Apr/20 15/Apr/20 12/Oct/20 10/Jul/20
Subject
Recommendation for Director’ Terms & Condition Special Incentive
Recomendation for Director’ Terms & Condition Recommendation for Director’ Terms & Condition
CORPORATE GOVERNANCE
Disclosure of NRC Circulars
IMPLEMENTATION OF NRC DUTIES IN 2020
In performing its duties, the NRC has aligned with the Financial Services Authority Regulation No. 34/ POJK.04/2014 dated 8 December 2014 regarding the Nominating and Remuneration Committee of Issuers or Public Companies.
The following are sailient points of NRC duties throughout 2020:
1. Review the Directors 2018 performance and Key Performance Indicator for financial year 2019;
2. Proposed adjustment to the measurement target for the Long Term Incentive Program 2016 – 2020;
3. Review and make recommendation on the contract extension of BOD members ended in 2020 and
beginning of 2021;
4. Provided proposal for the candidate of BOD and BOC members in 2020;
5. Conducted performance assessment process for the BOD and BOC in 2020.
PT. XL AXIATA TBK TRANSFORM FASTER TO EMERGE STRONGER – GIVING BACK TO THE NATION