Page 152 - XL Axiata Integrated Anual Report 2020 ENG

150
2020 Integrated Annual Report
CORPORATE GOVERNANCE
Gift, Donation and
Sponsorship Committee
The Gift, Donation and Sponsorship Committee (“GDSC”) of XL Axiata was established through the Board of Directors’ Decision No. 33/20 dated 18 August 2020, and is responsible to the Board of Directors (“BOD”).
GDSC Charter
The GDSC has a Charter in the form of Terms of Reference as working guideline and basis that has been effective based on the Approval of BOD Meeting No. 51/20 dated 22 December 2020.
Composition and Profile
As of December 31, 2020, the Company’s GDSC consists of a Chairman and three Committee members as follows:
• Budi Pramantika, Chairman
• David Arcelus Oses, Member
• Rudy Afandi, Member
• Marwan Oemar Baasir, Member
• Yofie, Member
The Profiles of GDSC Members are presented in the sub chapter BOD Profile and Nominating and Remuneration Committee Profile in this Integrated Annual Report.
The Purpose of GDSC
GDS Committee is established as a management committee to approve GDS Transactions in accordance to the approved Limits of Authority
(“LOA”). The GDSC shall also deliberate and update matters pertaining to the giving and receiving
of gifts, entertainment, corporate hospitality, donations, sponsorships and corporate social responsibility (“CSR”) activities (collectively known as “GDS”) to the BOD and the BRCC of XL Axiata.
Roles and Responsibilities
• Review, deliberate, challenge and approve GDS transaction in accordance with GDS policy and LOA to maintain a high level of integrity.
• Provide quarterly reporting of the types, status and alerts, if any of the GDS transactions to BOD and BRCC for notation.
• GDSC of XL Axiata shall provide quarterly reporting of the status and relevant information or risk exposure of the GDS transactions to the BRCC or notation and monitoring.
• XL Axiata practice “No Gift” Policy where gift provided or received shall be treated as an exception, which shall be approved in accordance with the LOA.
GDSC Meeting
The GDSC shall meet at least quarterly as and when required, and report to the BOD and BRCC at least quarterly.
Meeting Frequency and Attendance
Throughout 2020, the GDSC convened five meetings with the following details:
PT. XL AXIATA TBK TRANSFORM FASTER TO EMERGE STRONGER – GIVING BACK TO THE NATION