External Audit

The Annual General Meeting of Shareholders appoints the Company’s external auditor each year on the recommendation of the Audit Committee. In accordance with the decision taken at the Annual General Meeting of Shareholders on 26 April 2017, the Company appointed the public accounting firm of Tanudiredja, Wibisana, Rintis & Partner, a member firm of PricewaterhouseCoopers International Limited, as the independent auditor to audit Matahari’s financial statements for the year ending December 31, 2017. The signing partner for PwC was Ade Subianto, S.E., CPA, who has signed the Company’s audited financial statements for three fiscal years.

The services rendered by the Public Accountant Firm of Tanudiredja, Wibisana, Rintis & Partner, a member firm of PricewaterhouseCoopers International Limited consisted solely of auditing the Company’s financial statements for the year ending December 31, 2017, for which PwC was paid a total fee of Rp2.9 billion. The firm did not provide any non-audit services in 2017.