Committees Under The Board of Directors

The Company has 3 (three) additional committees: the Real Estate Committee, the Marketing Committee and the Risk Management Committee.

Real Estate Committee
The Real Estate Committee assists the Board of Directors by monitoring major development projects and identifying and assessing potential locations for new stores.

a. Structure and Membership

The Real Estate Committee has 5 members, who in 2015 were as follows:
Chairman : Michael Remsen
Member : Richard Gibson
Member : Sunny Setiawan
Member : Martin Laihad
Member : Irwin Abuthan

b. Duties and Responsibilities

The Real Estate Committee is responsible for:
1. Overseeing the implementation of the Company’s real estate expansion plans;
2. Evaluating and approving new store locations in accordance with the Company’s internal investment goals;
3. Monitoring the progress of all on-going property development projects in accordance with
     the predetermined timeline and budget; and
4. Evaluating and providing feedback on the Company’s expansion programme from planning
     and implementation, to ongoing performance assessments.

Marketing Committee
The Marketing Committee supervises the design development and execution of the Company’s marketing and communications programmes.

a. Structure and Membership

The Marketing Committee consists of 11 members. In 2015 they were:
Chairman : Christian Kurnia
Member : Sunny Setiawan
Member : Bob E. Baublits
Member : Diah Minarni
Member : Tanty Muliawan
Member : Dharsana Sulistijo
Member : Tjhai A Eng
Member : Titin Widodo
Member : Richard Edgar
Member : Mutia H. Djajakirana
Member : Kusuma Yudhi

b. Duties and Responsibilities

The Marketing Committee is responsible for ensuring that the Company’s products are publicised effectively through promotions and campaigns and for developing the Company’s image, exclusive brands and other trademarks.

Risk Management Committee
The Risk Management Committee assists the Board with the development, implementation, management and improvement of Company-wide risk management policies.

a. Structure and Membership

The Risk Management Committee consists of 5 members, who in 2015 were as follows:
Chairman : Michael Remsen
Member :Richard Gibson
Member :Andre Rumantir
Member :Maju Tarigan
Member :Sunny Setiawan

b. Duties and Responsibilities

The Risk Management Committee primary responsibilities include:
1. Develope and manage security, insurance, disaster recovery and loss prevention programmes;
2. Ensure Company-wide compliance with standard operating procedures and controls; and
3. Investigatereports received through the whistle-blower mechanism