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Page 1 OCR 0.935
ILSAN Joachim Adhi Piter Poltak & Rekan

Registered Public Accountant & Business Advisers
leading edge alliance

Ref. : 083/JAPP-RP/EL/HBS/X/2024
Re. : Audit Engagement Letter Per December 31, 2024

Jakarta, October 14, 2024

To:

PT Hassana Boga Sejahtera Tbk and Subsidiaries
Kawasan Pergudangan Multiguna

Taman Tekno 2, Jl, Komp. BSD No.35
Tangerang, Banten

U.p : Bpk. Arief Banang
Dear Sir,

Thank you for your trust to us by giving us opportunities to discuss the reguirements of our forthcoming Audit
Engagement. This letter documents our agreed of the arrangements for the audit services described herein.

The Objective and Scope of the Audit

You have reguested that our firm, KAP Joachim Adhi Piter Poltak & Rekan (member of the Leading Edge Alliance: LEA)
audit the financial statements of PT Hassana Boga Sejahtera Tbk and Subsidiaries (hereinafter stated as “Entity”),
which comprise the statements of financial position as of December 31, 2024, and the related statements of
comprehensive income, cash flows and changes in eguity for the year then ended. We are pleased to confirm our
acceptance and our understanding of this audit engagement by means of this letter. Our audit will be conducted with the
objective of our expressing an opinion on the financial statements.

The Responsibilities of the Auditor

We will conduct our audit in accordance with auditing standard, which established by the Indonesian Institute of Certified
Public Accounting (IICPA). Those standards reguire that we comply with the Code of Professional Ethical reguirements,
and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from
material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and
disdousures in the financial statements. The procedures selected depend on the auditors' judgement, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. An audit also
includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.

Because of the inherent limitations of an audit, together with the inherent limitations of intemal control, there is an
unavoidable risk that some material misstatements may not be detected, even though the audit is properly planned and
performed in accordance with Auditing Engagement Standards.

In making our risk assessments, we consider intemal control relevant to the Entity's preparation of the financial
statements 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 entiy's intemal control, However, we will communicate to you in writing
conceming any significant deficiencies in intemal control relevant to the audit of the financial statements that we have
identified during the audit.

The Responsibilities of the Management

Our audit will be conducted on the basis that management and where appropriate, those charged with govemance

acknowledge and understand that they have responsibility:

a. For the preparation of the financial statements that gives a true and fair view in accordance with the Indonesian
Financial Accounting Standards,

b. For such intemal control as management determines is necessary to enable the preparation of the financial report
that is free from material misstatement, whether due to fraud or error. and

Page 2 OCR 0.925
Joachim Adhi Piter Poltak & Rekan

Registered Public Accountant & Business Advisers

leading edge alliance

c. To provide us with:
i. Access to all information of which the management are aware that is relevant to the preparation of the financial
statements such as records, documentation and other matters,
ii. Additional information that we may reguest from the management for the purpose of the audit, and
iii. Unrestricted access to persons within the entity from whom we determine it necessary to obtain audit evidence.

As part of our audit process, we will reguest from management and, where appropriate, those charged with governance,
written confirmation conceming representations made to us in connection with the audit.

We look forward to full cooperation from your staff during our audit.

Fee and Billings
Our fees for the services set forth in this letter will be Rp. 135.000.000 (One Hundred-Thirty Five Million Rupiah)
Consists of:

1. PT Hassana Boga Sejahtera Tbk amounting to Rp 75.000.000 (Seventy Five Million Rupiah)
2. PT Mitra Kerja Nayz amounting to Rp 30.000.000 (Thirty Million Rupiah)
3. PT Nutrisi Juara Asia amounting to Rp 30.000.000 (Thirty Million Rupiah)

which we calculate based on the time reguired by the partners and our staffs assigned to the engagement, by houriy
rates vary according to the degree of responsibility involved and the experience and skill reguired. This fee should be
added with Out-of-Pocket Expenses (OPE) and VAT.

We hope that our audit fee should be settled soon after we have submitted our billings.
We will submit our billings as follows:

#5074 upon the signing the Audit Engagement Letter

«  30”h upon our submission of the draft report

«  20h & OPE upon our submission of the final report

If the management of PT Hassana Boga Sejahtera Tbk and Subsidiaries terminates our audit engagement for any
reason prior to completion and billing of audit services related to the Entity's December 31, 2024 year ended, we will bill
for all services provided until the date of termination, induding services over and above those set forth in this letter, at
our standard rates for this type of work.

Additional Fees

Of course circumstances may arise that will reguire us to do more work. Some of the more common circumstances
include, changing reguirements, incorrect accounting applications or errors in your records, failure of your staff to prepare
information on a timely basis, unforeseen events. Ifit appears that the estimated fee will be exceeded, we will bring this
to your attention and discuss with you and a change in the fee mutually agreed upon.

Reporting

We will issue our audit report on the financial statements in 3 (Three) copies. Ifitis needed more, we will bill the additional
printed cost on the additional copy @ Rp 500,000. The financial statements will be presented in Bilingual (Bahasa and
English) and Rupiah currency.

The form and content of our report may need to be amended in the light of our audit findings.

Audit Documentation

The documentation for this service is the property of LEA and constitutes confidential information. We have the
responsibility to retain the documentation for a period of time sufficient to satisfy any applicable legal or regulatory
reguirements for records retention.

Page 3 OCR 0.910
ILSAN Joachim Adhi Piter Poltak & Rekan

Registered Public Accountant & Business Advisers
leading edge alliance

Others Costs

Itis understood that our responsibility for the services included in this letter will encompass only periods covered by our
audit and will not extend to any subseguent periods for which we are not engaged as auditors. Further, this engagement
includes only those services specially described in this letter. Our engagement, such as subpoenas, testimony, or
consultation involving private litigation, arbitration, industry or goverment regulatory inguiries whether made at the Entity's
reguest or by subpoena, will be billed to the Entity separately.

Liability
With respect to the services, the liability of LEA and its present and former partners, principals and employees for any
claim, including but not limited to, LEA negligence, shall not exceed the fees it receives for the portion of the work giving
rise to such liability. Norshall LEA and its present and former partners, principals and employees be liable for any special,
Conseguential, incidental or exemplary darnages or loss (nor any lost profits, taxes, interest, tax penalties, savings or

business opportunity).

Approval for Term and Condition of Engagement Letter .
Please signing and return attached copy of this Audit Engagement Letter to indicate your aknowledgement of, and
agreement with, the arrangements for our audit of the financial statements including our respective responsibilities,

Yours Faithfully, Acknowledged and Agreed,
KAP Joachim Adhi Piter Poltak & Rekan PT Hassana Boga Sejahtera Tbk and Subsidiaries

Ryanto Piter, S.E., S.H., M.M., Ak, CA, CPA, Arief Banang
CLI, CFrA, CFP, CPA (Aust.). CPA ASEAN. President Director

Managing Partner

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Published24 Oct 2024
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OCR confidence0.923

Names mentioned 9 people and organisations named in the text · linked when the evidence is strong

linked org Hassana Boga Sejahtera Tbk p.1 ×14
unresolved org ILSAN Joachim Adhi Piter Poltak & Rekan p.1 ×2
unresolved person Arief Banang Dear Sir p.1
unresolved org Joachim Adhi Piter Poltak & Rekan p.1 ×3
unresolved org Joachim Adhi Piter Poltak p.1 ×2
unresolved org PT Mitra Kerja Nayz p.2
unresolved org PT Nutrisi Juara Asia p.2
unresolved person Subsidiaries Ryanto Piter p.3
unresolved person CFP p.3

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