20230815_SURE_Perubahan Profesi Penunjang_31371418_lamp4.pdf

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Auditing, we exercise professional judgment and maintain professional skepticism throughout
the audit. We also :

e Identify and assess the risks of material misstatement of the consolidated financial
statements, whether due to fraud or error, design and perform audit procedures responsive
to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis
for our opinion. The risk of not detecting a material misstatement resulting from fraud is
higher than for one resulting from error, as fraud may involve collusion, forgery, intentional
omissions, misrepresentations, or the override of internal control.

#  Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing
an opinion on the effectiveness of the Group's internal control.

e Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates and related disclosures made by management.

e Conclude on the appropriateness of management's use of the going concern basis of
accounting and, based on the audit evidence obtained, whether a material uncertainty exists
related to events or conditions that may cast significant doubt on the Group”s ability to
continue as a going concern. If we conclude that a material uncertainty exists, we arc
reguired to draw attention in our auditor's report to the related disclosures in the
consolidated financial statements or, if such disclosures are inadeguate, to modify our
opinion. Our conclusions are based on the audit evidence obtained up to the date of our
auditor's report. However, future events or conditions may cause the Group to cease to
continue as a going concern.

e Evaluate the overall presentation, structure and content of the consolidated financial
statements, including the disclosures, and whether the consolidated financial statements
represent the underlying transactions and events ina manner that achieves fair presentation.

Our audit does not incorporate the tests and specific inguiries that might be performed pursuant
toa tax audit conducted by the Directorate General of Tax. Thus, while our audit may consider
certain aspects of taxation, it should not be relied upon to detect all exposure that might be
identified during a tax audit conducted by the Directorate General of Tax.

Our ability to express an opinion, and the form of our opinion, will, of course, be dependent on
the results of the audit procedures performed and the sufficiency and appropriateness of the
audit evidences obtained. Accordingly, we could not ascertain the issuance of an ungualified
opinion. If, for any reason, we are unable to complete the audit or are unable to form or have
not formed an opinion, we may decline to express an opinion or decline to issue a report as a
result of this engagement. If we are unable to complete our audit or if our auditors” report
reguires modification, the reasons thereof will be discussed with the Company”s management.
Ifsuch matters cannot be amicably settled, we have the right to withdraw from this engagement.

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Identification of the applicable financial reporting framework

The preparation and presentation of the consolidated financial statements are in accordance
with Indonesian Financial Accounting Standards which comprise the statements and
interpretations issued by the Board of Financial Accounting Standards of IAI and Regulation
of the Financial Services Authority (OJK) No. VIII.G.7 regarding “Presentation and Disclosure
of Public Companies? Financial Statements”.

The responsibilities of management

Our audit will be conducted on the basis that management and, where appropriate, those
charged with governance acknowledge and understand that they have responsibility:

(a) For the preparation and presentation of the consolidated financial statements in
accordance with Indonesian Financial Accounting Standards,

(b) For such internal control as management and, where appropriate, those charged with
governance determine is necessary to enable the preparation of consolidated financial
statements that are free from material misstatement, whether due to fraud or error: and

(c) To provide us with:

(i) Access to all information of which management and, where appropriate, those
charged with governance is aware that is relevant to the preparation of the
consolidated financial statements such as records, documentation, and other
matters,

(ii) — Additional information that we may reguest from management and, where
appropriate, those charge with governance for the purpose of the audit, and

(iii) — Unrestricted access to persons within the Company whom we determine it
necessary to obtain audit evidence.

Management's failure to provide us, on a timely basis, with the information referred to
above or access to persons within the Company may cause us to delay our report,
modify our procedures, or terminate our engagement.

(d) To ensure compliance with all regulations that are applicable to the Company including,
but not limited to, compliance with Circular Letter of the Head of Finance Professions
Supervisory Center (PPPK) No. SE-7/PPPK/2019 regarding Guidelines for
Implementation of Know Your Customer Principles and Regulation of the Minister of
Finance of the Republic of Indonesia No. 186/PMK.01/2021 regarding the Guidance
and Supervision of Public Accountant. In accordance with SE-7/PPPK/2019, this
engagement will include implementation of procedures and data reguests relating to
Know Your Customer Principles, and the Company's management agrees to implement
those procedures and will provide us with any reguired information, and, in accordance
with 186/PMK.01/2021 the Company's management permits us to submit (hard and/or
soft copies) of the audited consolidated financial statements of the Company including
our report thereon (auditor”s report) to the Ministry of Finance (MOF) in accordance
with MOF's regulation.

Our audit does not incorporate tests and specific inguiries designed to identify past or
future instances of non-compliance with relevant governent or other industry
regulations concerning filing, reporting, maintenance of ratios, or any other matters.
While it may consider certain aspects of regulatory reguirements, our audit should not

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be relied upon to detect all instances of non-compliance that may be identified by the
relevant regulatory bodies.

Management is also responsible for adjusting the Company's consolidated financial statements
to correct misstatements.

As part of our audit process, we will reguest from management and, where appropriate, those
charged with governance, written confirmation concerning representations made to us in
connection with the audit. We will also reguest that management confirms certain
representations made to us during our audit, including the management's representations that
the effects of unrecorded misstatements are immaterial, individually and in aggregate, to the
Company”s consolidated financial statements as a whole. The results of our audit tests, the
responses to those inguiries and related written representations of management as reguired by
auditing standards in Indonesia are part of the evidential matter that we will rely on as auditors
in forming our opinion on the consolidated financial statements.

Because of the importance of management's representations, the Company agrees to release
and indemnify Mirawati Sensi Idris (MSId) and its personnel from all claims, liabilities, and
expenses relating to our services under this engagement letter attributable to any
misrepresentation by management.

We look forward to full assistance to be supplied by your staff and directors during our audit
process, including preparation of schedules and analyses of accounts. These matters will be
discussed in a separate letter which will be provided to you before we commence our interim
and year-end audit. We trust that your personnel will make available to us whatever records,
documentation and other information reguired in connection with our audit.

When there is an examination.on the Company or reguest to give clarification on certain matters
by any regulatory authorities, including the Tax Office, in relation to financial statements that
have been audited or certain information on the audited financial statements, the Company's
management permits us to submit our audit working papers related to the matters, directly to
the regulatory authorities upon reguest.

Reporting

We will submit five (5) copies of audit report in Bahasa Indonesia and English language. The
form and content of our report may need to be amended in the light of our audit findings.

Fees

Our fee for the above engagement is Rp 360,000,000 (Three Hundred and Sixty Million
Rupiah), excluding VAT and out-of-pocket expenses such as transportation, meals, daily
allowance, accommodation, postage, courier, photocopies, communications, additional copies
of reports, document translation fees, etc., which will be billed separately at cost.

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The fee will be billed as the audit progresses. On this basis, payments are due in accordance
with the stipulations of the following timetable:

R
30Y6 upon signing of this engagement 108,000,000
40Y4 upon 2 weeks of our fieldwork 144,000,000
30Yo upon submission of the draft audit report 108,000,000
Total Audit Fees 360,000,000

Inclusion of MSId reports or references to MSId in other documents or electronic files

If the Company intends to publish or otherwise reproduce in any document our report on the
Company's consolidated financial statements, or otherwise make reference to MSId in a
document that contains other information in addition to the audited consolidated financial
statements (e.g., in a periodic filing with a regulator, in a debt or eguity offering circular, or in
a private placement memorandum), thereby associating MSId with such document, the
Company agrees that its management will provide us with a draft of the document to read and
obtain our approval for the inclusion or incorporation by reference of our report, or the
reference to MSId, in such document before the document is finalized and distributed.

In addition, you agree that this term if engagement does not oblige us to approve either by
preparing separate letter or other form of approval, in case of inclusion of our audit report on
the above-mentioned consolidated financial statements for registration purposes to any
government bodies or reissue our report for securities offering purposes or other financial
transactions, or to affirm to other parties reliance on our audit report. Any work in connection
with an offering , including an agreement to provide such written approval or consent will be
a separate engagement and subject to a separate engagement contract.

Ifthe Company receives any reguest for information or any other communication from OJK or
its staff or other regulatory bodies related to our engagement, the Company agrees that its
management will notify us promptly of such reguest or communication and will provide us
promptly with copies of all such reguests or communications. Prior to sending any response
or other written communication to OJK, or its staff or other regulatory bodies, that references
MSId, services provided by MSId, or any report issued by MSId, the Company agrees that its
management will provide us with such proposed response or written communication and allow
us a reasonable amount of time to review such proposed response or written communication
and comment on the accuracy of such references.

Ownership and Access to our Files/ Confidentiality of Information

The working papers and files for this engagement, created by us during the course of the audit,
including the electronic documents and files, are the property of MSId. Where the Company's
confidential information are contained therein, those will be stored in accordance with MSId's
policies. In accordance with Code of Ethics of Professional Public Accountants established by
IAPI, we are obliged to maintain confidentiality of the Company”'s information and would not
disclose such information to any external party outside our Firm, without prior consent from

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the Company, except if there is obligation to disclose such information according to the
prevailing law or any other prevailing regulations.

Limitation of liability and indemnification

The Company agrees that MSId and its personnel will not be liable to the Company for any
claims, liabilities, or expenses relating to this engagement for an aggregate amount in excess
of the fees paid by the Company to MSId pursuant to this engagement.

The Company will indemnify and hold harmless MSId and its personnel from all claims,
liabilities, and expenses whatsoever, whether brought or incurred by the Company or any third
parties, arising directly or indirectly from the services provided under this letter.

Applicable law and jurisdiction

If differences arise in the conduct of this engagement cannot be settled amicably, such
differences will be settled through the Indonesian Institute of Certified Public Accountants
(IAPI).

If such differences could not be settled through IAPI and will result to legal dispute, then the
provisions herein shall be governed by and construed in accordance with the Laws of Indonesia
and shall be settled within the exclusive jurisdiction of the Court of Central Jakarta.

Other terms and conditions

Our auditor independence may be impaired if the Company solicit or hire certain MSId
personnel. Accordingly, the Company shall not, during the term of this Agreement and for 12
months following its termination, for any reason, without our prior written consent, solicit for
nor offer employment to any professional employee of MSId or of any other MSId Entities
who is or has been involved directly or indirectly with the performance of the Services for the
current or prior financial year.

We understand the Company's reporting deadlines and reguirements in relation to the audit
works referred to herein. As such, we would like to inform you that we shall be able to
commence our audit work procedures as soon as you have agreed to this Engagement Letter
and we shall complete the work within the reguired timetable. Please note that our liability to
meet the deadlines and reguirements shall be heavily dependent on the availability and guality
of the information reguired to be provided to us by the Company.

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Please sign and return the attached copy oftxis letter to indicate your acknowledgment of, and
agreement with the arrangements for our audit of the consolidated financial statements
including our respective responsibilities.

Name
Title
Signature

Date

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