Corporate Governance

Code of Conduct

The Code of Conduct is disseminated via intranet and internal portal as well as via the Company’s website to be made known to all of the Company’s stakeholders.

The Company assigns a particular unit for handling all reports and violations to the Code of Conduct as designated by the Company, thus allowing any member of Internusa to submit their report on any violation or wrongdoing or allegation thereof, which has occurred within the Company’s premises. The report on such
violation may be addressed to the Corporate Secretary or any designated Work Unit.

The Company shall exert sanction commensurate to the violation to the Company’s Code of Conduct. Sanctions shall be given after the reported party has been definitively proven to have acted in violation of the Code of Conduct and have been treated in a fair and just manner at all times in line with the regulations and provisions in the Company.

The Company appreciates the performance and compliance of all members of Internusa to this Code of Conduct and other prevailing regulations and provisions in the Company. Rewards may be given in various forms to the best-performing employees, including job promotions, gifts, and other forms in line with the prevailing rules and regulations. Employee rewards may be given annually or as per the Company’s policy. 

Corporate Policy

In this regard, the Company continued to refine its governance practices in terms of policy, monitoring, implementation and evaluation to provide better results.

The Company must align the existing business dynamics by establishing a corporate policy, among others:

  1. Increasing the score for the Implementation of General Shareholder Meetings (GMS).
    a. Internusa has both open and closed methods or technical procedures of collecting votes that prioritize independence and the interests of shareholders.
    b. All members of the Board of Directors and Board of Commissioners of the Company are present in the Annual GMS.
  2. Increasing the Communication Quality of a Company with Shareholders or Investors
    a. Internusa discloses its Company communication policy with shareholders or investors in its website.
  3. Strengthening the Membership and Composition of the Board of Commissioners.
    a. Determination of the number of Commissioners takes into account the condition of Internusa
    b. Determination of the composition of the Board of Commissioners takes into account the diversity of required skills, knowledge and experience.
  4. Increasing the Quality and Responsibility of the Board of Directors’ Implementation of Duties.
    a. The Board of Commissioners has a policy of resignation for any member involved in a financial crime.
    b. The Board of Commissioners or Committee that carries out the Nomination and Remuneration function formulates a succession policy in the Nomination process of Board of Directors members.
  5. Strengthening the Membership and Composition of the Board of Directors.
    a. Determination of the number of members of the Board of Directors takes into consideration the condition of the Public Company and effective decision making.
    b. The determination of the composition of the Board of Directors takes into account the required diversity of expertise, knowledge, and experience.
  6. Increasing the Quality and Responsibility of the Board of Directors’ Implementation of Duties.
    a. The Board of Directors has a policy of resignation if a member of the Board of Directors is involved in financial crime as set forth in the Code of Ethics of the Company
    b. The determination of the composition of the Board of Directors takes into account the required diversity of expertise, knowledge, and experience.