Remuneration & EMSOP Committee

REMUNERATION COMMITTEE
The composition of the MNC’s Remuneration Committee beginning from February 28, 2019 until now, as follows:

Position Name
Chairman Muhammad Alfan Baharudin
Member Beti Puspitasari Santoso
Member Indra Pudjiastuti Prastomiyono

 

MUHAMMAD ALFAN BAHARUDIN
The profile of Sutanto, who serves as Chairman of Remuneration Committee and the Company’s Independent Commisioners, respectively can be found in the Board of Commissioners Profile section.

BETI PUSPITASARI SANTOSO
Born in Cirebon, Indonesia in 1959, Beti Puspitasari Santoso earned her bachelor’s degree in Economics from Parahyangan University Bandung in 1985. Detail

INDRA PUDJIASTUTI PRASTOMIYONO
Indonesian citizen born in 1961. Indra Pudjiastuti Prastomiyono has served as Director of PT Global Mediacom Tbk since 2008 and assigned as Independent Director In Extraordinary General Meeting of Shareholder in 30 October 2014, the Deed of statement of Meeting Resolution No. 131 dated 30 October 2014. Detail

Duties And Responsibilities Of The Remuneration Committee

The duties and responsibilities of the Remuneration Committee are as follows:

  • To evaluate the remuneration policies and to recommend to the Board of Commissioners the amount of remuneration and bonus to be provided to the Board of Commissioners and Board of Directors and other senior executives.
  • To assess the Groups payroll system, administration of allowances and benefits.
  • To Ensure that the remuneration policy is in accordance with the Company’s financial performance, individual job performance, the strategy and long-term goal, as well as the fairness amongst peer groups.
  • To supervise the implementation of the remuneration system in accordance with implemented policy requirements
    .

The Remuneration For Board Of Commissioners And Directors

In 2018, the total remuneration received by the Board of Commissioners is Rp2.625.000.000,-  and total remuneration for the Board of Directors is Rp8.087.500.000.-

Procedure And Basis In Determining The Remuneration For Board Of Commissioners And Directors

The Remuneration Committee evaluates and recommends to the Board of Commissioners policies/ remuneration amount for members of the Board of Commissioners and Directors by weighing their individual scope of work, duties and responsibilities of each member of Commissioners and Directors, the Company’s performance in the previous years, and adjustments for remuneration of executives from similar industries.

 Remuneration Committee Charter


EMSOP COMMITTEE
The legal basis of the EMSOP Committee’s appointment and tenure are as stated in the table below:

Position Name
Chairman Hary Tanoesoedibjo
Member Beti Puspitasari Santoso
Member Ella Kartika

The profiles of HaryTanoesoedibjo and Ella Kartika as Chairman and Members of EMSOP Committee, respectively can be found in the Board of Commissioners and Directors profile. The profile of Beti Puspitasari Santoso, who serves as the Member of Remuneration Committee and Member of Audit Committee, is detailed in the Audit Committee.

Duties and Responsibilities of the EMSOP Committee
The duties and responsibilities of the EMSOP Committee are as follows:

  • Approve the EMSOP design and plan within the Company environment as proposed by the Board of Directors, and approve as well the total shares allocated for EMSOP and its exercise price.
  • Conduct studies on the implementation of EMSOP, which includes the allocation of stock options for key employees of the Company, as well as employees in its subsidiaries.
  • Supervise the implementation of EMSOP.