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Page 1
Painting a Beautiful
Picture of Indonesia




                             SR 2023
                               Template
                                  Template




 S US TAI NA B I L I T Y R E P O RT   2023
Page 2

          
Page 3
                                                     Painting a Beautiful
                                                     Picture of Indonesia
                       The dedication of PT Avia Avian Tbk (hereinafter referred to as “the Company” or “AVIA” or “we”) in conducting business
                       activities that prioritize excellence and responsibility has propelled the Company to become a pioneer in innovation
                       and sustainability in the paint sector. With a track record spanning more than 4 decades, the Company has continuously
                       brought color to the lives of millions of families in Indonesia. This experience has guided us beyond simply providing
                       quality products and taking strategic steps to ensure that every touch of color from our products benefits the
                       environment and society.

                       With a strong determination, the Company is committed to keep contributing to coloring Indonesia not only with a
                       beautiful color palette, but also with minimum environmental footprint and maximum contribution to the surrounding
                       community. With a commitment to continuous innovation and sustainability values as our guide, we will keep moving
                       forward to paint the future of Indonesia with inspiring colors of sustainability.




                                            About the Sustainability Report
The Company’s Sustainability Report is prepared to provide                 The basis for the preparation of this report is the Financial Services
accountability and information on the implementation of                    Authority Regulation No. 51/POJK.03/2017 on the Implementation
sustainability principles in all aspects of operating the business. This   of Sustainable Finance for Financial Services Institutions, Issuers, and
third report published by the Company will be further developed            Public Companies as well as standard reporting indicators based
at the next regular publication, which will take place at the end of       on the Global Reporting Initiative (“GRI”) Standards 2021 option
each financial year.                                                       in Accordance and its relation to supporting the achievement of
                                                                           Sustainable Development Goals (“SDGs”). The preparation of the
This report contains information related to the application of             report based on these standards has been verified by internal
sustainability principles in economic, environmental, social, and          parties, without an assurance process by an independent external
governance aspects within the Company and all Subsidiaries from            party. [GRI 2-5] [POJK G.1]
January 1, 2023 to December 31, 2023. In the economic aspect,
financial information is presented based on the Consolidated               Throughout 2023, there were no significant changes to the
Financial Statements, including information on AVIA and all                Company’s Sustainability Report. To comply with the principle of
Subsidiaries. Whereas, on the social and environmental aspects,            validity, in the event of a restatement or reiteration of information
the data presentation remains limited to AVIA, PT Tirtakencana             contained in the previous report due to certain reasons, such as
Tatawarna (“TKTW”), and PT Tirtakencana Batamindo (“TKBI”). The            differences in methodology or calculation methods, we will mark
governance aspect contains data of only AVIA. [GRI 2-2, 2-3]               such restatement or reiteration with: *restated. [GRI 2-4]



Further information regarding this report and its contents can be obtained through: [GRI 2-3]

                                              Avian Brands Building
                                              Jl. Ahmad Yani No. 317
                                              Surabaya, 60234, Jawa Timur, Indonesia
         Hera Septi Astuti                        (62-31) 99850500/99850600                     investor.relations@avianbrands.com
         Corporate Secretary                      corsec@avianbrands.com                        www.avianbrands.com




                                                                  2023 Sustainability Report - PT Avia Avian Tbk                        1
Page 4
Table of Contents
About the Sustainability Report      1
Table of Contents                    2
Sustainability Strategy              4



                                          About the Company                        Sustainability
                                                                                   Governance
                                          Company Information                 28
                                          Sustainability Vision and Mission   30   Commitment to Sustainability      56
                                                                                   Governance
                                          Company Values                      31
Sustainability                            Business, Product, and Service      32
                                                                                   Structure of Sustainability       57
Performance                               Segments
                                                                                   Governance
                                                                                   Competence Development            60
Overview                                  Organizational Scale                35   related to Sustainability
                                          Operational Areas                   36   Sustainability Risk Management    61
Sustainability of Economic Aspect   12
                                          Group Structure and Subsidiaries    37   Building a Sustainability         63
Sustainability of Environmental     12    Significant Changes in the          38   Culture
Aspect
                                          Company and Supply Chain                 Compliance with Prevailing Laws   68
Sustainability of Social Aspect     13
                                          Preventive Approaches or Principles 38   and Regulations
Significant Events                  14
                                          External Initiatives                38   Political Contributions           68
Awards, Assessments, and            15
Certifications
Membership in Associations          21




                                          Determination                            Healthy Economic
                                          of Contents and                          Growth
Foreword by the                           Materials of Report
Board of Directors                                                                 Economic Performance              72
                                          Stakeholder Engagement              42   Management Strategy
Foreword by the Board of            22    Material Topics of Sustainability   45   Supply Chain                      73
Directors                                 Report                                   Served Market                     74




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                                                                       Painting a Beautiful Picture of Indonesia




Achievement of                    75
Operational and Financial
Performance Targets
Distribution of Economic          76
Performance
Indirect Economic Contribution    78
Sustainable Product               79
                                       Maintaining the Growth of
Responsibility                         the Company’s Personnel
                                       Human Resources Management                                           104
                                       Occupational Health and Safety Management                             115
                                       Complaints on Labor and OHS Issues                                    119




Responsible
Environmental
Management
Environmental Impact             86
                                       Community Social Development
Management Strategy
                                       Community Development Strategy                                       122
Materials Used in Paint          89
                                       Support for the Community                                            124
Production
                                       CSR Implementation Costs                                             138
Energy Efficiency                 91
                                       Protection of the Rights of Indigenous Communities                   138
Water Usage                      93
                                       Feedbacks on Corporate Social Responsibility Programs                138
Emissions Management             94
Waste Management and              97   Sustainability Report Responsibility                                 139
Utilization                            Written Verification from Independent Party                          140
Biodiversity                     99    Reader Survey                                                        141
Environmental                    100   Response to the Previous Year’s Report Reader Survey                 143
Management Costs                       List of GRI Standards Indexes for 2021 – in Accordance               143
Complaints on                    100   Cross Reference GRI Standards with SDGs                              148
Environmental Issues                   List of Disclosures According to Financial Services Authority        154
Environmental Compliance         100   Regulation No. 51/POJK.03/2017 (“POJK 51/2017”)




                                                  2023 Sustainability Report - PT Avia Avian Tbk        3
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Sustainability Strategy


“The Company’s sustainability strategy directs business activities toward achieving Sustainable Development
Goals (“SDGs”), thereby providing value and benefits to stakeholders across 4 sustainability pillars: Product
Quality and Environment; Social, Labor, and Human Rights; Ethics and Governance; and Sustainable Procurement.
Furthermore, consistent implementation of sustainability strategies is expected to enable the Company to
actively address environmental and social humanitarian issues in the surrounding community.”




We continue to strive to become an integrated, environmentally friendly, leading, and
trusted paint manufacturing company in Indonesia through quality and sustainable
products. To realize this commitment, we have implemented the principle of
sustainability as an important basis in any operational activities and decision-making
processes. The sustainability policy that we have formulated is also always aligned
with the SDGs and the targets stipulated by the government and the world.




    We believe that the consistent implementation of the sustainability
    policy is an important asset for us to fulfill our commitment to
    continue to create added value for all stakeholders.




      Our sustainability policy is divided into 4 pillars, as described below: [POJK A.1]


      General Policy

               Complying with and fulfilling all relevant regulations and requirements of sustainable systems
    1          (quality, environmental, social, labor, human rights, ethics, governance, and sustainable
               procurement) and other requirements set by governments and stakeholders.




    2          Planning, implementing, and monitoring best practices of sustainable systems (quality,
               environmental, social, labor, human rights, ethics, governance, and sustainable procurement).




               Planning, aligning, implementing, and monitoring our programs related to the Sustainable
    3          Development Goals (“SDGs”) and continuously improving the programs with an aim to achieve
               the 17 SDGs.




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Specific Policy
In implementing sustainable systems (quality, environmental, social, labor, human rights, ethics, governance,
and sustainable procurement), the Company also has a specific policy in place, categorized into four main
sustainability policy pillars as described below:




  Product Quality                   Social, Labor, and                       Ethics and                        Sustainable
  and Environment                    Human Rights                           Governance                         Procurement




Support for Sustainable Development Goals [GRI 2-24]

We are not only focused on creating sustainable growth from an economic aspect, but also ensuring environmental quality
as well as the welfare of the employees and the surrounding community through the implementation of sustainable
governance in every operational activity and resulting policy. This commitment is also part of our contribution to achieving
the Sustainable Development Goals (“SDGs”) targets that have been formulated by the government. Our commitment to
supporting the SDGs is described in more detail as follows:


                                               Product Quality and Environment

                Clean Water and Sanitation
                6.3       Improving water quality by reducing pollution, eliminating dumping, and minimizing the release of hazardous
                          chemicals and materials, halving the proportion of untreated wastewater and substantially increasing
                          recycling and safe reuse globally.



                Affordable and Clean Energy
                7.2       Increasing, substantially, the share of renewable energy in the global energy mix.




                Sustainable Cities and Communities
                11.6.2 (b) Reducing adverse per capita urban environmental impacts, including with respect to air quality indexes.




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                                               Product Quality and Environment


                Responsible Consumption and Production
                12.5      Substantially reducing waste generation through prevention, reduction, recycling, and reuse.




                Climate Action
                13.2      Integrating climate change measures into national policies, strategies, and planning.




                Life Below Water
                14.1.1 (a) Preventing and significantly reducing marine pollution of all kinds, including marine debris, by minimizing
                           waste discharge into the sea.



                Life on Land
                15.4      Ensuring the conservation of mountain ecosystems, including their biodiversity, in order to enhance their
                          capacity to provide benefits that are essential for sustainable development.


                                                       Sustainability Strategy

1.  Formulating and implementing short-term, medium-term, and long-term goals, objectives, and programs by considering the
    characteristics, scale, and impact in accordance with the environmental management system, energy management system, and
    green industry, while continuously innovating.
2. Improving quality, competitive, and environmentally friendly products with efficient production costs.
3. Improving service quality, ensuring timely product delivery, meeting customer demands, and providing added value for customers.
4. Opting for materials and machinery with efficient energy use and low greenhouse gas effects for the manufacturing process.
5. Implementing energy efficiency measures and maximizing the use of new renewable energy through monitoring, implementing, and
    encouraging design or development activities across the entire Company.
6. Conducting efforts to reduce greenhouse gas emissions for scopes one and two through monitoring and implementation across the
    entire Company’s operations, up to reporting to stakeholders.
7. Encouraging the use of renewable materials and environmentally friendly chemicals.
8. Implementing raw material efficiency through monitoring, implementing, and encouraging design or development activities across
    the entire Company.
9. Using water optimally and efficiently in Company activities as well as carrying out water conservation programs.
10. Conducting maintenance and control of air pollution control equipment and machinery.
11. Reducing and controlling Hazardous Material and Hazardous Waste.
12. Controlling non-hazardous solid waste through 3R (Reduce, Reuse, Recycle).
13. Conducting an inventory of water usage, outlets of wastewater, Hazardous and Non-Hazardous Waste, and air pollution.
14. Undertaking efforts to protect and conserve biodiversity.
15. Providing socialization of information related to the safety and security of product applications.
16. Identifying, conducting, and evaluating all company activities through Life Cycle Assessment/LCA integrated with environmental,
    energy, and greenhouse gas emission aspects.
17. Involving the community in continuous improvement of the environmental management system.




                                                Social, Labor, and Human Rights


                No Poverty
                1.1      Eradicating extreme poverty for all people living on less than $1.25 a day.




                Zero Hunger
                2.1      Ending hunger and ensuring access by all people, in particular the poor and people in vulnerable situations
                         including infants, to safe, nutritious and sufficient food all year round.




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                                                  Social, Labor, and Human Rights

                 Good Health and Well-Being
                 3.4   Reducing by one-third premature mortality from non-communicable diseases through prevention and treatment,
                       and promoting mental health and wellbeing.
                 3.5   Strengthening prevention and treatment of substance abuse, including narcotic drug abuse and harmful use of
                       alcohol.
                 3.9   Substantially reducing the number of deaths and illnesses from hazardous chemicals and air, water, and soil
                       pollution and contamination.


                 Quality Education
                 4.3   Ensuring equal access for all women and men to affordable and quality education.
                 4.7   Ensuring the acquisition of necessary knowledge and skills by all employees, to enhance sustainable development.



                 Gender Equality
                 5.5.2 Ensuring women’s full and effective participation and equal opportunities for leadership at all levels of
                       decision-making, by ensuring the proportion of women in managerial positions.


                 Decent Work and Economic Growth
                 8.5   Achieving full and productive employment as well as decent work for all women and men, including for young
                       people and persons with disabilities, and equal pay for work of equal value.
                 8.7   Taking immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking
                       and secure the prohibition and elimination of the worst forms of child labour.
                 8.8   Protecting labor rights and promoting safe and secure working environments for all workers.

                 Industry, Innovation, and Infrastructure
                 9.2   Promoting inclusive and sustainable industrialization.
                 9.4   Upgrading infrastructure and retrofit industries to make them sustainable, with increased resource use efficiency and
                       greater adoption of clean and environmentally friendly technologies and industrial processes.


                 Reduced Inequalities
                 10.3 Ensuring equal opportunity and reducing outcome inequalities, including eliminating discriminatory laws, policies
                      and practices and promoting appropriate legislation, policies and actions in this regard.


                                                         Sustainability Strategy

1.  Ensuring that all personnel within the Company are treated fairly and with dignity based on human rights principles.
2.  Ensuring proper and regular participatory consultation processes with all stakeholders.
3.  Providing safe and healthy working environments to eliminate hazards and reduce OHS (Occupational Health and Safety) risks.
4.  Creating a work environment that is safe, comfortable, motivating, respectful, and free from all forms of harassment.
5.  Providing funds and commitment to support the improvement of company personnel’s knowledge, skills, and competence.
6.  Ensuring workers are above 18 years of age and that working hours and wage payments are in accordance with applicable laws and
    regulations and that there is no human trafficking.
7. Providing equal employment opportunities and treatment regardless of gender, race, religion, color, ethnicity, class, and
    non-discrimination to persons with disabilities.
8. Ensuring employee preparedness for retirement.
9. Upholding the freedom of assembly, expression, and participation in labor organizations/unions in accordance with the prevailing
    laws and regulations as well as providing room to negotiate and consult with the Company.
10. Respecting the rights of local communities, including indigenous and traditional communities.
11. Participating in community empowerment.
12. Respecting the right of individuals to act without coercion and to maintain control over their personal information, as long as it does
    not relate to or impact the Company.




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                                                        Ethics and Governance


                 Industry, Innovation, and Infrastructure
                 9.5.2 (a) Enhancing scientific research and upgrading the technological capabilities of industrial sectors by increasing the
                           proportion of human resources in science and technology.




                 Peace, Justice, and Strong Institutions
                 16.5     Substantially reducing corruption and bribery in all their forms.



                                                         Sustainability Strategy

1. Preventing and taking action against corruption, bribery, fraud, and money laundering.
2. Conducting recruitment and selection of employees free of charge.
3. Avoiding conflict of interest between employees within the Company.
4. Maintaining the ethics and confidentiality of company and supplier data.
5. Providing reliable infrastructure to manage all forms of risks or threats related to the Company’s data security and keeping up with
   technological developments.
6. Ensuring secure, accurate, available data, ease of connection and a variety of user-friendly programs.
7. Ensuring the Company’s neutrality towards any political interests or groups by not being involved materially or non-materially.




                                                      Sustainable Procurement


                 Responsible Consumption and Production
                 12.2     Achieving sustainable management and efficient use of natural resources.


                 Partnerships for the Goals
                 17.1     Strengthening domestic resource mobilization to improve domestic capacity for tax and other revenue
                          collection.
                 17.16    Enhancing the global partnership for sustainable development, complemented by multi-stakeholder
                          partnerships that mobilize and share knowledge, expertise, technologies, and financial resources to support
                          the achievement of Sustainable Development Goals in all countries, particularly developing countries.

                                                         Sustainability Strategy

1. Selecting suppliers using environmental criteria.
2. Undertaking efforts to reduce scope three greenhouse gas emissions through supplier socialization and monitoring.
3. Selecting suppliers using social and human rights criteria.
4. Providing equal rights and opportunities to all local suppliers and women business owners.
5. Evaluating suppliers’ compliance with all Occupational Health and Safety (OHS) laws and regulations.
6. Selecting vendors and suppliers that do not have mineral conflicts in their procurement practices.
7. Selecting qualified and competitively priced suppliers in a transparent manner.
8. Supplier selection is not based on kinship interests, providing opportunities for multiple vendors to enter the tender process.




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                         SUSTAINABILITY TARGETS AND ACHIEVEMENTS


Sustainability Pillars                        Sustainability Target and 2023 Achievements


                           Target      Improving environmentally friendly products.

                         Achievement   A total of 29 products have received Singapore Green Label certification.

                           Target      Achieving lead-free and chrome-free products by 2035.
  Product Quality                      • Water-based products have reached 81.47%.
                         Achievement
                                       • The Company successfully processed products containing lead and chromium
                                         according to target, resulting in only 14.00% lead and chromium content
                                         remaining.

                           Target      Improving customer satisfaction.

                         Achievement   Customer satisfaction survey results increased compared to the previous year,
                                       from 3.33 to 3.40 out of a 4.00 scale with a good category. This assessment
                                       includes product quality, delivery quality, and service quality.


                           Target      • Reducing Scope 1 and 2 greenhouse gas (“GHG”) emissions by 35.00% in 2035
                                         compared to the 2021 baseline.
                                       • The target for renewable energy use is 3,600.00 GJ by 2035.

                         Achievement   • GHG emissions decreased by 15.45% compared to 2021.
                                       • Energy intensity decreased by 10.16%.
                                       • Solar panel installation in 2023 increased by 660 units, bringing the total
    Environment
                                         installation to 1,228 solar panel units (720 units at the Sidoarjo plant and
                                         508 units at the Serang plant).
                                       • Total renewable energy use reached 504,097 kWh or equivalent to 1,814.71 GJ.
                                       • Replacing 7 units of diesel forklifts with electric forklifts (1 unit at the Serang
                                         plant and 6 units at the Sidoarjo plant).

                           Target      The target for total carbon sequestration from tree planting is 3,705,100 kgCO2e
                                       in 2035.
                         Achievement   • Planting 10,000 trees (5,000 trees in 2022 and 5,000 trees in 2023) with a total
                                         carbon sequestration of 765,100 KgCO2e.
                                       • Planting 92 types of plants in the factory area with a total carbon sequestration
                                         of 435,887 KgCO2e.

                           Target      Reducing Scope 3 GHG emissions by 5.00% in 2035 compared to the 2024
                                       baseline.
                         Achievement   • Organizing socialization on Scope 3 GHG emissions reporting to all key
                                         suppliers.
                                       • Collecting key suppliers’ GHG emissions data and developing a Scope 3
                                         inventory.

                           Target      Reduced water intensity.

                         Achievement   • Utilizing the Rainwater Harvesting system.
                                       • Using reused water from tank washing as a raw material mixture.

                           Target      Improved waste management.

                         Achievement   • Reduction in disposed Hazardous Waste reached 6.36%.
                                       • Product waste recycling ratio reached 11.91 kg/ton.




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                           SUSTAINABILITY TARGETS AND ACHIEVEMENTS


Sustainability Pillars                          Sustainability Target and 2023 Achievements


                              Target     Zero Fatality and Zero Lost Time Injury (“LTI”).

                           Achievement   OHS performance target related to zero fatality was achieved.


                              Target     Training hours per employee reached 15.00 hours in 2023.
     Social and
       Labor               Achievement   Training hours per employee reached 15.13 hours, exceeding the target.


                              Target     Stakeholder consultation and participation.

                           Achievement   A total of 505 individuals from various stakeholder groups completed the
                                         sustainability survey.

                              Target     Increasing beneficiaries of community empowerment programs.

                           Achievement   • Utilization of economically valuable waste in Wadungasih Village, Sidoarjo.
                                         • Training for students of Buduran Vocational School 1, Surabaya Vocational
                                           School 13, and students of Widya Mandala Surabaya University.
                                         • Granting scholarships to 18 employees’ children.



                              Target     Enforcing a culture of anti-corruption, bribery, and fraud within the Company
                                         and all partners.
                           Achievement   • The Company has a well-functioning whistleblowing system in place. Throughout
                                           2023, 5 reports were submitted through the whistleblowing system. However,
                                           upon verification, only 1 was related to anti-corruption offenses.
                                         • The Internal Audit Unit also found 2 cases of alleged anti-corruption offenses
     Ethics and                            through its audit activities.
    Governance
                                         • All corruption incidents above have been resolved in accordance with the
                                           Company’s procedures and regulations.

                              Target     Protecting confidentiality of information and preventing data breach.

                           Achievement   • Development of Asset Management Program (“AMS”).
                                         • Development of Document Control Program.
                                         • Server Regeneration in the Data Center.
                                         • Utilization of Network Monitoring Tools.
                                         • Socialization and training on cyber security.
                                         • Phishing Test.
                                         • Providing consent forms for third-party data.



                              Target     100.00% of key suppliers have fulfilled the sustainability aspect.

                           Achievement   • Assessment of 20% of key suppliers contributing to 80% of the total purchase
                                           value.
                                         • Socialization of sustainability policy to all key suppliers.
                                         • Training on scope 3 GHG emissions disclosure to key suppliers.
   Sustainable
   Procurement                           • Ensuring suppliers do not have mineral conflicts.




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Evaluation of Sustainability Strategy Implementation

The Company periodically evaluates the effectiveness of the implementation of sustainability strategies and initiatives under
the pillars of Product Quality and Environment; Social, Labor and Human Rights; Ethics and Governance; and Sustainable
Procurement. This is part of the Company’s efforts to ensure that the Company’s targets and objectives in sustainability aspects
can be achieved with optimal results. Evaluation of sustainability strategy implementation involves the top management along
with related work units. [GRI 3-3]

Challenges in Implementing Sustainability Principles and Future Strategies [POJK E.5]

The implementation of sustainability principles in the Company’s operational activities has faced various challenges as well as
opportunities from various sources, both from internal and external environments. Information on those challenges and the
Company’s responses to them are described as follows:

CHALLENGES AND COMPANY RESPONSE


                 Internal Challenges:
                 Building sustainability awareness and culture.
                 Company Response:
                 Conducting regular socialization and training on sustainability for all employees.




                 External Challenges:
                 High demands from external stakeholders, especially investors, on the Company’s sustainability
                 achievements in a fairly short time.
                 Company Response:
                 The Company actively realizes its sustainability commitments by establishing targets and implementing
                 effective strategies to deliver tangible results, as reflected in improved ESG rating scores.




                 External Challenges:
                 Emerging new regulations and policies on sustainability and reporting thereof, both domestic and
                 international.
                 Company Response:
                 The Company continuously keeps updated with sustainability policy developments and makes maximum
                 adjustments to meet these requirements.




                 External Challenges:
                 Limited customer understanding and awareness of green products.
                 Company Response:
                 The Company actively conducts socialization on the importance of environmentally friendly products.




In addition to the above challenges, we also see opportunities from the implementation of sustainability principles that can
directly improve the Company’s quality and positive image. We are optimistic that consistent and comprehensive implementation
of sustainability principles can foster robust business resilience that will strengthen the Company’s competitiveness. Research
and development initiatives undertaken by the Company to create high-quality and environmentally friendly products provide
opportunities and strengths for the Company to remain the public’s first choice.




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Sustainability Performance
Overview
Sustainability of Economic Aspect [POJK B.1]
                         Description                         Unit           2023        2022            2021

 Financial Performance
 Net Revenue                                             Million Rupiah   7,016,882    6,694,171       6,779,643
 Profit for the Year                                     Million Rupiah   1,643,096    1,400,365       1,434,551
 Operational Performance
 Manufacturing Volumes                                    Metric Tons       180,540     170,986         205,382
 Environmentally Friendly Products
                                                         Product Brand           29          24              16
 (Singapore Green Label Certified Product Categories)
 Product or Service Quantity                             Product Brand           96          88              80
 Local Suppliers Engagement
 Local Suppliers
                                                           Number of
 Total Local Suppliers                                                         219          209             231
                                                           Company
 Percentage of Local Supplier Engagement by
                                                               %              77.94       76.00           75.24
 Entity compared to Total Suppliers
 Local Employees***
 Total Local Employee                                       People          7,577**      7,231**         6,739*
 Percentage of Local Labor Involvement in the
                                                               %            89.38**      89.54**         87.25*
 Company’s Operational Activities

Notes:
* The Company and TKTW;
** The Company, TKTW, and TKBI; and
*** 2021 and 2022 data are restated.




Sustainability of Environmental Aspect [POJK B.2]
                         Description                         Unit           2023        2022            2021

 Energy Efficiency
 Total Energy Usage                                           GJ          213,912.86   211,334.51      224,403.17
                                                           GJ/Ton of
                                                                                0.17         0.19            0.19
                                                            Product
                                                          kWh/Ton of
                                                                              47.40         52.14           52.64
 Energy Intensity                                          Product
                                                           Thousand
                                                            Rupiah/        38,590.51    42,783.20       48,439.40
                                                         Ton of Product
                                                           GJ/Ton of
 Energy Efficiency                                                              0.02               0         0.01
                                                            Product




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                                                                          Sustainability Performance Overview




                           Description                    Unit           2023            2022          2021


 Materials Used in Paint Production
 Renewable Materials Purchase                              Ton          72,903.20        61,888.17    80,411.00
 Non-Renewable Materials Purchase                          Ton          70,887.41        74,937.20    94,294.00
 Total Material Purchase                                   Ton         143,790.61       136,825.37   174,705.00
 Emissions Management
 Total of Scope 1 and Scope 2 Emissions                 TonCO2e        11,317.42        11,408.00    13,385.60
                                                      KgCO2e/Ton of
 Intensity of Scope 1 and Scope 2 Emissions                                23.27            25.15        24.83
                                                         Produc
 Water Management
 Total Water Usage                                      Megaliter         141.68          113.98        130.26
                                                      Megaliter/Ton
 Water Intensity                                                          0.0009          0.0008        0.0008
                                                       of Product
 Reduction of Hazardous Waste Generation
 Reuse of Industrial Waste                                 Ton          1,820.24         2,482.98     1,263.45
  Reuse of Washing Solvent                                 Ton            166.27         180.87*        230.05
  Hazardous Waste
                                                           Ton            886.77          946.96        574.22
  (liquid and solid managed by third parties)
  Non-Hazardous Waste                                      Ton            185.07          157.68         98.14
  Discharge Water                                       Megaliter           3.83             4.14         4.54

* Data restated.



Sustainability of Social Aspect [POJK B.3]
                           Description                    Unit          2023**          2022**        2021*

 Community Development and Empowerment (Pengembangan dan Pemberdayaan Masyarakat or “PPM”)***
 Number of PPM Program                                Total Program         98                27         13
 Cost of PPM Program                                  Million Rupiah     2,881             1,978       1,923
 Manpower Management
 Total Employees (Including Outsourcing)                 People          8,477             8,076       7,689
 Total Female Employees (Including Outsourcing)          People          1,723             1,625       1,409
 Number of Participants in Competence Development        People          6,173             3,096       3,420
 Total Recordable Injury Rate                             Rate            2.16              2.01        2.40
 Total Recordable Incident Frequency Rate                 Rate            2.69           1.74****       2.30

Notes:
* AVIA and TKTW;
** AVIA, TKTW, and TKBI;
*** AVIA; and
**** Data restated.


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Significant Events
As a manifestation of our commitment to conducting responsible business activities that take into account climate change
impacts, throughout 2023, we have implemented a series of proactive initiatives as described below:




                                                             Increasing Renewable Energy Usage




                                                  The Company’s operational activities require a large energy supply
                                                  that is still predominantly sourced from non-renewable fossil fuels. We
                                                  realize that fossil energy use can generate environmentally harmful GHG
                                                  emissions, therefore we are gradually investing in renewable energy
                                                  utilization. To date, the Company has installed 1,228 units of solar panels
                                                                        that produce up to 1,814.71 GJ of renewable energy.




                                                                            Emissions Neutralization
                                                                                           Program



                                                                          Our concern for emissions is not only manifested
                                                                          through emission reduction but also by emission
                                                                          neutralization programs. To date, we have planted
                                                                          10,000 Kurmis Acacia (Acacia Auriculiformis) and
                                                                          Trembesi (Samanea Saman) trees on the slopes
                                                                          of Mount Arjuno, Pasuruan. These tree planting
                                                                          programs contribute to up to 765,100 kgCO2e of
                                                                                                     carbon sequestrations.




      14          PT Avia Avian Tbk - 2023 Sustainability Report
Page 17
                                                                                 Painting a Beautiful Picture of Indonesia
                                                                                    Sustainability Performance Overview




Awards, Assessments, and Certifications

Awards
Our consistency in adopting best business practices has earned us positive recognition and awards from various stakeholders.
Information regarding awards received by the Company throughout 2023 is described as follows:




            1                  2                   3              4             5                6                  7


       Recipient of the “Prevention and Mitigation
  1                                                                     2    Zero Accident Award
       Programs of Covid-19 in the Workplace” Award
       Gold Category
       Organizer       : Ministry of Manpower of the                         Organizer     : East Java Governor
                         Republic of Indonesia
       Recipient       : PT Avia Avian Tbk                                   Recipient     : PT Avia Avian Tbk
       Period          : 2023                                                Period        : 2023



       Overall Winner of the 2023 Katadata Corporate
 3                                                                     4     Going Green is Good for Your Business
       Sustainability Awards (KCSA)
       Chemicals Sector Category
       Organizer       : Katadata                                            Organizer     : Xurya Daya Indonesia
       Recipient       : PT Avia Avian Tbk                                   Recipient     : PT Avia Avian Tbk
       Period          : 2023                                                Period        : 2023



                                                                             Indonesia Architectural Paints and Coatings
 5     National PROPER Green Rating                                     6
                                                                             Market Leadership Award
       Organizer       : Ministry of Environment and                         Organizer     : Frost & Sullivan
                         Forestry of the Republic of Indonesia
       Recipient       : PT Avia Avian Tbk                                   Recipient     : PT Avia Avian Tbk
       Period          : 2023                                                Period        : 2023


       Green Industry Pioneer in Accelerating Sustainable Development in East Java
 7     Organizer       : East Java Governor
       Recipient       : PT Avia Avian Tbk
       Period          : 2023




                                                             2023 Sustainability Report - PT Avia Avian Tbk             15
Page 18
Assessment

The Company’s sustainability performance in ESG aspects has been recognized by various rating agencies. Information regarding
rating achieved by the Company throughout 2023 is described as follows:




                                                                                                                                                                                                  Bronze Medal                                   ESG Quality 45 IDX KEHATI Index
                                                                                                                                                                                                     Organizer:                                               Organizer:
                                                                                                                                                                                                      EcoVadis                             Indonesia Stock Exchange and KEHATI Foundation
                                                                                                                                                                                                      Awardee:                                                 Awardee:
                                                                                                                                                                                                  PT Avia Avian Tbk                                        PT Avia Avian Tbk
                                                                                                                                                                                                       Period:                                                  Period:
                                                                                                                                                                                                        2023                                          December 2023 - May 2024



Notes:
Bronze Medal in the Company’s sustainability practices assessment from EcoVadis is the first conducted assessment, and serves as a foundation for us to improve
the quality of sustainability practices implementation in the coming period.


Certification

We are committed to conducting our business responsibly and in compliance with all applicable laws and regulations, as well
as adopting the best practices aligned with national and international standards relevant to our industry. This commitment is
a crucial priority for us to ensure that our operational activities are managed properly, professionally, and in line with current
developments. Information regarding standards and certifications adopted and held by the Company up to the end of 2023 is
described as follows:

                                                                                                                                                                                                        ISO                                                     SNI


                                                                          Current issue date:              31 January 2023                   Original approval(s):
                                                                          Expiry date:                     27 February 2024                  ISO 9001 - 28 February 2007
                                                                          Certificate identity number:     10499302




              Certificate of Approval
              This is to certify that the Management System of:


              PT Avia Avian Tbk
              Jl Raya Surabaya-Sidoarjo Km 19, Desa Wadungasih, Buduran Sidoarjo, East Java, Indonesia



              has been approved by LRQA to the following standards:

              ISO 9001:2015
              Approval number(s): ISO 9001 – 0044727

              This certificate is valid only in association with the certificate schedule bearing the same number on which the locations applicable
              to this approval are listed.


              The scope of this approval is applicable to:

              Manufacture of paint, resin, can making and mortar product.




              Luis Cunha

              ________________________
              Area Operations Manager - North Asia & SAMEA

              Issued by: LRQA Limited


              LRQA Group Limited, its affiliates and subsidiaries and their respective officers, employees or agents are, individually and collectively, referred to in this clause as 'LRQA'.
              LRQA assumes no responsibility and shall not be liable to any person for any loss, damage or expense caused by reliance on the information or advice in this document or
              howsoever provided, unless that person has signed a contract with the relevant LRQA entity for the provision of this information or advice and in that case any responsibility or
              liability is exclusively on the terms and conditions set out in that contract.
              Issued by: LRQA Limited, 1 Trinity Park, Bickenhill Lane, Birmingham B37 7ES, United Kingdom
                                                                                                                                                                                 Page 1 of 2




                                                                                                1                                                                                                                     2                              1                         2

International Standardization Organization (“ISO”)

                                                                            Name of Certification                                                                                                                                 Organizer                           Validity Period

 ISO 45001:2018 on Occupational Health and Safety
                                                                                                                                                                                                                          PT Lloyd’s Register Indonesia     October 27, 2021 – October 26, 2024
 Management System
 ISO 14001:2015 on Environmental Management System                                                                                                                                                                        PT Lloyd’s Register Indonesia     February 19, 2022 – February 18, 2025
 ISO 50001:2018 on Energy Management System                                                                                                                                                                               PT Lloyd’s Register Indonesia        March 3, 2022 – March 2, 2025
 ISO 9001:2015 on Quality Management System                                                                                                                                                                               PT Lloyd’s Register Indonesia     January 31, 2023 – February 27, 2024
 ISO/IEC 27001:2013 on Information Security
                                                                                                                                                                                                                          Intertek Certification Limited    February 17, 2023 – October 31, 2025
 Management System




        16                                                                                                                                                PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                                                                                                                                                                                                                                      Painting a Beautiful Picture of Indonesia
                                                                                                                                                                                                                                                                                                                          Sustainability Performance Overview



Indonesian National Standard (“SNI”)

Name of Certification                                                                                    Product                                                            Type                                                                                                   Organizer                                                                                                                               Validity Period

SNI 3564:2014                                                                                      Sunguard                                                      Exterior                                            Chempack Product Certification Institute of the
                                                                                                   Aquamatt, Aries Gold,                                                                                           Center for Standardization and Services of Chemical,                                                                                                                                                    Until November
SNI 3564:2014                                                                                      Avitex, Everglo,                                                Interior                                        Pharmaceutical, and Packaging Industry, Ministry of                                                                                                                                                         3, 2026
                                                                                                   Supersilk, and No Odor                                                                                                 Industry of the Republic of Indonesia



Green Label Singapura




                                   PT. Avia Avian                                                                                          PT. Avia Avian                                                                                            PT. Avia Avian                                                                                  PT. Avia Avian Tbk
                     Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadung Asih,                                                  Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadung Asih,                                                     Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadung Asih,                                                  Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,
                            Buduran, Sidoarjo 61252, Indonesia                                                                     Buduran, Sidoarjo 61252, Indonesia                                                                        Buduran, Sidoarjo 61252, Indonesia                                                               Buduran, Sidoarjo-East Java -Indonesia 61252



                  AVITEX ALKALI RESISTING PRIMER                                                                                                   AVITEX WIZZ                                                                                      BRILIANT EXTERIOR                                                                                          NO DROP BASIC
                                       032-219-4089                                                                                       032-219-4119                                                                                              032-219-4150                                                                                           032-219-4149
                               Environmentally Preferred Paint                                                         Environmentally Preferred Paints & Surface Coatings                                                       Environmentally Preferred Paints & Surface Coatings                                                    Environmentally Preferred Paints & Surface Coatings
                    (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                             (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                               (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                            (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)

                               Validity: 19 January 2023 to 18 January 2025                                                              Validity: 23 March 2023 to 22 March 2025                                                                    Validity: 14 June 2023 to 13 June 2025                                                                Validity: 14 June 2023 to 13 June 2025




                                                  1                                                                                                    2                                                                                                        3                                                                                                     4


                    The Singapore Environment Council hereby grant




                           PT. Avia Avian TBK                                                                                      PT. Avia Avian TBK                                                                                        PT. Avia Avian TBK                                                                                     PT. Avia Avian TBK
                   Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,                                                  Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,                                                      Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,                                                   Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,
                        Buduran, Sidoarjo-East Java -Indonesia 61252                                                          Buduran, Sidoarjo-East Java. Indonesia 61252                                                              Buduran, Sidoarjo-East Java. Indonesia 61252                                                           Buduran, Sidoarjo-East Java. Indonesia 61252

                                     _____________________________

                       BRILLIANT CAT     TEMBOK
                                       JEN  TEO       INTERIOR                                                                            SUNGUARD                                                                                                   EVERGLO                                                                                               SUPERSILK
                                   Executive Director
                                   038-219-4164                                                                                          032-219-3921                                                                                              032-219-3926                                                                                           032-219-3922
                             Singapore Environment Council
                Environmentally Preferred Paints & Surface Coatings                                                    Environmentally Preferred Paints & Surface Coatings                                                       Environmentally Preferred Paints & Surface Coatings                                                    Environmentally Preferred Paints & Surface Coatings

                                                                                                                            (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                               (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                            (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)
                     (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)
                                                                                                                                    Validity: 25 November 2023 to 24 November 2025                                                            Validity: 25 November 2023 to 24 November 2025                                                        Validity: 25 November 2023 to 24 November 2025
                                   Validity: 19 July 2023 to 18 July 2025




                                               5                                                                                                       6                                                                                                         7                                                                                                     8




                           PT. Avia Avian TBK                                                                                      PT. Avia Avian TBK                                                                                        PT. Avia Avian TBK                                                                                     PT. Avia Avian TBK
                  Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,                                                   Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,                                                      Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,                                                   Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadungasih,
                       Buduran, Sidoarjo-East Java. Indonesia 61252                                                           Buduran, Sidoarjo-East Java. Indonesia 61252                                                              Buduran, Sidoarjo-East Java. Indonesia 61252                                                           Buduran, Sidoarjo-East Java. Indonesia 61252



                        AVITEX DAPUR & KAMAR MANDI                                                                                        AQUAMATT                                                                                    LENKOTE ALKALI RESISTING PRIMER                                                                                       NO ODOR
                                  032-219-3927                                                                                           032-219-3923                                                                                              032-219-3924                                                                                           032-219-3925
                Environmentally Preferred Paints & Surface Coatings                                                    Environmentally Preferred Paints & Surface Coatings                                                       Environmentally Preferred Paints & Surface Coatings                                                    Environmentally Preferred Paints & Surface Coatings

                    (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                             (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                               (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)                            (In accordance to SEC Green Label Category 32: Paints and Surface Coatings)

                            Validity: 25 November 2023 to 24 November 2025                                                          Validity: 25 November 2023 to 24 November 2025                                                            Validity: 25 November 2023 to 24 November 2025                                                        Validity: 25 November 2023 to 24 November 2025




                                               9                                                                                               10                                                                                                            11                                                                                                 12




                                                                                                                                   PT. Avia Avian TBK                                                                                        PT. Avia Avian TBK
                                                                                                                            Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadung Asih,                                                     Jl. Raya Surabaya – Sidoarjo Km 19, Desa Wadung Asih,
                                                                                                                                   Buduran, Sidoarjo 61252, Indonesia                                                                        Buduran, Sidoarjo 61252, Indonesia



                                                                                                                                      NO DROP ANTI PANAS                                                                                                  AVITEX GOLD
                                                                                                                                         032-219-3937                                                                                               032-219-3938
                                                                                                                       Environmentally Preferred Paints & Surface Coatings                                                       Environmentally Preferred Paints & Surface Coatings

                                                                                                                         (In accordance to SEC Green Label Category Category 32: Paints and Surface Coatings)
                                                                                                                                                                                                                                   (In accordance to SEC Green Label Category Category 32: Paints and Surface Coatings)

                                                                                                                                    Validity: 23 December 2023 to 22 December 2025
                                                                                                                                                                                                                                              Validity: 23 December 2023 to 22 December 2025




                                                                                                                                                   William Wong                                                                                              William Wong
                                                                                                                                            Assistant Executive Director                                                                              Assistant Executive Director




                                                                                                                                                 13                                                                                                      14




                                                                                                                                                                                                                2023 Sustainability Report - PT Avia Avian Tbk                                                                                                                                                                  17
Page 20
                     Product                               Organizer                     Validity Period

Avitex 4 Kids                                     Singapore Environment Council       Until February 26, 2024

Everglo Kids Care                                 Singapore Environment Council       Until February 26, 2024

Supersilk Anti-Noda                               Singapore Environment Council         Until May 29, 2024

Lenkote Home Deco Metallic Paint Gold             Singapore Environment Council          Until July 24, 2024

Sunguard All-In-One                               Singapore Environment Council         Until August 7, 2024

Avitex Anti Viruz Interior Paint                  Singapore Environment Council        Until August 19, 2024

Home Deco Glow In The Dark Interior Paint         Singapore Environment Council        Until August 19, 2024

Home Deco Magnetic Interior Paint                 Singapore Environment Council        Until August 19, 2024

No Odor Medicare                                  Singapore Environment Council       Until September 5, 2024

Home Deco Glitz                                   Singapore Environment Council       Until September 9, 2024

Wood Eco Woodstain Water-Based                    Singapore Environment Council       Until November 9, 2024

Avitex Eksterior                                  Singapore Environment Council       Until November 9, 2024

Boyo Special Politur Vernis Water-Based           Singapore Environment Council       Until November 9, 2024

No Lumut Water-Based                              Singapore Environment Council       Until November 9, 2024

Avitex One Coat                                   Singapore Environment Council       Until December 21, 2024

Avitex Alkali Resisting Primer                    Singapore Environment Council        Until January 18, 2025

Avitex Wizz                                       Singapore Environment Council        Until March 22, 2025

Brilliant Exterior                                Singapore Environment Council         Until June 13, 2025

No Drop Basic                                     Singapore Environment Council         Until June 13, 2025

Brilliant Cat Tembok Interior                     Singapore Environment Council          Until July 18, 2025

Sunguard                                          Singapore Environment Council       Until November 24, 2025

Everglo                                           Singapore Environment Council       Until November 24, 2025

Supersilk                                         Singapore Environment Council       Until November 24, 2025

Avitex Dapur & Kamar Mandi                        Singapore Environment Council       Until November 24, 2025

Aquamatt                                          Singapore Environment Council       Until November 24, 2025

Lenkote Alkali Resisting Primer                   Singapore Environment Council       Until November 24, 2025

No Odor                                           Singapore Environment Council       Until November 24, 2025

No Drop Anti Panas                                Singapore Environment Council       Until December 22, 2025

Avitex Gold                                       Singapore Environment Council       Until December 22, 2025



Domestic Component Level




                                      1                        2                  3




       18               PT Avia Avian Tbk - 2023 Sustainability Report
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                                Painting a Beautiful Picture of Indonesia
                                  Sustainability Performance Overview




4    5                      6                        7




8    9                     10                        11




12   13                    14                       15




16   17                    18                       19




20   21                    22                       23




          2023 Sustainability Report - PT Avia Avian Tbk       19
Page 22
                   Product                                    Organizer                                       Validity Period

 Aries Gold                                Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avian Aluminium                           Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avian Cat kayu dan Besi                   Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avian Zinc Chromate                       Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avitex Alkali Resisting Primer            Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avitex Anti Viruz                         Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avitex Cat Genteng                        Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avitex Exterior                           Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avitex Plamir Tembok                      Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avitex                                    Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Boyo Politur Vernis Solvent-Based         Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Lenkote Wall Sealer                       Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 No Drop Anti Panas                        Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 No Drop                                   Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 No Odor Medicare                          Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Supersilk Anti Noda                       Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Suzuka Cat Duco Otomotif                  Ministry of Industry of the Republic of Indonesia             Until September 15, 2026

 Avian Paving Paint                        Ministry of Industry of the Republic of Indonesia               Until October 19, 2026

 Avian Roadline Paint                      Ministry of Industry of the Republic of Indonesia               Until October 19, 2026

 Avitex Gold                               Ministry of Industry of the Republic of Indonesia               Until October 19, 2026

 Sunguard All-In-One                       Ministry of Industry of the Republic of Indonesia               Until October 19, 2026

 Sunguard                                  Ministry of Industry of the Republic of Indonesia               Until October 19, 2026

 Supersilk                                 Ministry of Industry of the Republic of Indonesia               Until October 19, 2026


By obtaining certifications for the Indonesian National Standard (Standar Nasional Indonesia or “SNI”), Singapore Green
Label (“GLS”), and Domestic Component Level (Tingkat Komponen Dalam Negeri or “TKDN”), we demonstrate our ongoing
commitment to improving product quality by delivering products that are safe for both the consumers and the environment.
In obtaining these certifications, we have passed a series of auditing processes, including the use of renewable raw materials,
standardized production processes, and product safety related to hazardous substances such as lead and chromium. To date,
7 products have obtained the SNI certification, while 29 products have received the GLS certifications, and 23 products have
received the TKDN certifications, as listed in the table above.


Other Certifications


                                             Green Industry Certification
                                             Organizer:
                                             Green Industry Certification Institute of the Center for Standardization and Services of Chemical,
                                             Pharmaceutical, and Packaging Industry, Ministry of Industry of the Republic of Indonesia
                                             Validity Period:
                                             September 8, 2022 – September 7, 2026




          20            PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                                                                                            Painting a Beautiful Picture of Indonesia
                                                                                                                                              Sustainability Performance Overview




Membership in Associations
[GRI 2-28] [POJK C.5]




We actively participate in various organizations
related to our business activities and our status as a        Indonesian Public Listed Companies Association
public company to develop our network and obtain
                                                              • Scale		                                                                                : National
updated information on the business environment.
                                                              • Status of the Company                                                                  : Member
Information regarding the Company’s membership
in associations is described below:


                                                                                                  PT AVIA AVIAN
                                                                                                              007/APCI/2022




                                                              Indonesian Paint Producers Association
                                                              • Scale		                                                                                : National
                                                              • Status of the Company                                                                  : Member



                                                                                             SK Menkumham RI No. C-54.HT.01.03 Tahun 2006




                                                                  Badan Pengurus ARSI menetapkan dan menganugerahkan


                                                                  SERTIFIKAT KEANGGOTAAN
                                                                                         Kepada :

                                                                               PT. AVIA AVIAN
                                                                     Sebagai Anggota Asosiasi Resin Sintetik Indonesia
                                                                               Nomor : 006.DES.ARSI.XII.17



                                                                                Jakarta, 19 Desember 2017

                                                                                      Badan Pengurus
                                                                             Asosiasi Resin Sintetik Indonesia

                                                                     Ketua Umum,                        Sekretaris Umum,




                                                                       Fahrurrozi                  Utun Sutrisna Sastrawijaya




                                                              Indonesian Synthetic Resin Association
                                                              • Scale		                                                                                : National
                                                              • Status of the Company                                                                  : Member




                                                              Net Zero of Indonesian Chamber of Commerce and
                                                              Industry*
                                                              • Scale		                                                                                : National
                                                              • Status of the Company                                                                  : Member

                                                              * The Company’s membership in the Net Zero of the Indonesian Chamber of
                                                                Commerce and Industry association lasted until July 2023.




                                                         2023 Sustainability Report - PT Avia Avian Tbk                                                                    21
Page 24
Foreword by the
Board of Directors                                              [GRI 2-22] [POJK D.1]




                                                                              Wijono Tanoko
                                                                               President Director




Dear Valued Shareholders and Stakeholders,

All praise and gratitude go to God Almighty, for His abundant grace that always accompanies
the journey of PT Avia Avian Tbk (the “Company”) in sustainably contributing through paint
products that not only present beautiful colors, but also concern for the environment.
Throughout 2023, we have implemented strategies that reflect our perseverance and
commitment to innovation, sustainability, and excellence in quality so that the Company is able
to optimize opportunities to move forward and make a positive impact on the surrounding
environment and society.




     22        PT Avia Avian Tbk - 2023 Sustainability Report
Page 25
                                                                                Painting a Beautiful Picture of Indonesia
                                                                                       Foreword by the Board of Directors



A summary of the Company’s journey, the sustainable initiatives we implemented, and the significant achievements we made
throughout the year are presented below.



Sustainability Commitment and Values

Our commitment to sustainability has become the main foundation that inspires each step and decision we take to realize our
vision of becoming an integrated, environmentally friendly, leading and trusted paint manufacturing company in Indonesia. We
also believe that sustainability is not just a goal, but also a guiding principle in our strategic decision-making, thereby forming
a strong foundation to build a company that excels not only in business, but also in environmental and social responsibility.
We realize this commitment by integrating sustainability principles in every business decision, from the supply chain to
the products we manufacture, so that we can manage the resulting impacts.

With this commitment, we strive to deliver sustainable solutions in every aspect of the Company’s operations. It involves
integrating our corporate values, summarized in “CInTA”, with our sustainability policies, categorized into four main pillars:
Product Quality and Environment; Social, Labor and Human Rights; Ethics and Governance; and Sustainable Procurement. The
formulation of these pillars has also incorporated measurable targets that the Company wants to achieve, aligning them with
the Sustainable Development Goals (“SDGs”) as part of the Company’s contribution to achieving global development targets.



Policies and Strategies in Responding to Sustainability Challenges

The Company’s contribution and support for sustainable development will be heavily influenced by the Company’s effectiveness
in implementing sustainable initiatives, particularly in the economic aspect. Our success in achieving economic targets is key to
increasing our contribution and support for sustainable development. To accomplish these economic targets, we continuously
focus on our competitive advantages, including our comprehensive product diversification and extensive distribution network
in all regions of Indonesia. Both advantages play a vital role in strengthening the Company’s competitiveness so that we
can fully optimize existing market share and opportunities. In addition, prudent and proactive risk management is integral
to our strategy of mitigating potential risks that may affect the Company’s economic performance and sustainability. By
ensuring sustainable economic growth, we can strengthen our position as an environmentally and socially responsible company.

From the environmental aspect, there is a greater push from stakeholders to integrate sustainability into our day-to-
day activities, particularly regarding the risk of climate change impacts. In facing these challenges, we are directing
efforts towards developing products that are not only excellent in quality, but also support environmental sustainability.
Our operational policies place particular emphasis on energy efficiency, use of renewable energy sources, carbon
emission reduction and responsible resource management as key elements. We have also designed a holistic strategy
to minimize our environmental footprint. We are focused on not only minimizing the climate impact of our business
operations, which includes carbon neutralization initiatives through tree planting, but also introducing innovations
across the supply chain to enhance energy efficiency and reduce carbon emissions to the greatest extent feasible.
Furthermore, we undertake proactive measures in resource management, including efforts in water conservation,
waste management, and selection of environmentally friendly raw materials.

As for the social aspect, the Company’s presence in the community must positively contribute to the development and well-
being of the surrounding community. Strategies we adopt for these challenges involve implementing fair and responsible labor
practices; focusing on occupational health and safety (“OHS”) aspects, and carrying out corporate social responsibility (“CSR”)
activities in various fields such as education and the environment. Implementation of fair and responsible labor practices is a
priority to create a healthy and productive work environment. Furthermore, the OHS aspect is also integral to our sustainability
strategy, with the aim to create a safe and healthy working environment for all the Company’s employees. As for the CSR
programs, we are committed to contributing positively through the Avian Brands Peduli program. We have also engaged local
parties in the Company’s business activities, both as suppliers and workforce.




                                                         2023 Sustainability Report - PT Avia Avian Tbk               23
Page 26
We understand that sustainability is not an end goal, but an ongoing journey involving collaboration with all stakeholders.
By integrating sustainability principles into every strategic decision, we believe that the Company can minimize its impact on
the surrounding environmental and social conditions.



Achievement of Sustainability Performance and Targets

Through consistent implementation of sustainability strategies, the Company managed to maintain a positive sustainability
performance in 2023. The Company’s performance in that year reflected a strong commitment to sustainability in all aspects
of operations. Several key achievements that can be highlighted include increasing production efficiency, optimizing energy
use, and reducing carbon emissions in operational processes. In addition, we successfully expanded our distribution network,
achieved an increase in sales, and created innovative environmentally friendly products.

As part of our sustainability efforts, we remain committed to meeting our sustainability targets. From an economic aspect, the
Company has a sustainable growth target that focuses on product diversification to strengthen competitiveness in the market.
In 2023, the manufacturing output reached 180,540 metric tons or 99.61% of the target, an increase of 5.59% compared to
the previous year. This growth is consistent with the 2023 net revenue reaching IDR7,016.88 billion or 98.89% of the target, an
increase of 4.82% compared to the previous year. In addition to boosting revenue, the Company also continues to improve
operational efficiency by prioritizing innovation in manufacturing and distribution. This resulted in an increase in profit for the
year to IDR1,643.10 billion or 102.03% of the target, an increase of 17.33% compared to the previous year.

In line with that, we also continue to realize innovations in order to develop the Company’s environmentally friendly product
portfolio. In 2023, we succeeded in reducing the lead and chrome content in products to only 14.00%, exceeding the
target. In addition, the target of increasing the number of products certified by the Singapore Green Label has also been
realized with a 20.83% increase to 29 products.

In terms of the environmental aspect, we establish a target to reduce our environmental impact further by continuing to reduce
carbon emissions. In 2023, we managed to add solar panel installations to 1,228 units, increasing the use of renewable energy
to 504,097 kWh or 1,814.71 GJ. Likewise, carbon neutralization efforts through tree planting on Mount Arjuno, which have been
conducted since the previous year, were successfully expanded to 10,000 trees, resulting in up to 765,100 KgCO2e of carbon
sequestration. We also planted 92 plant types around our factories, resulting in up to 435,887 KgCO2e carbon sequestered.
In addition to our commitment to addressing climate impacts, we also encourage the optimization of the use of renewable
materials. In addition, we are also working to improve environmentally friendly practices in every manufacturing stage so that
we are able to reduce our Hazardous Waste by 6.36%.

From the social aspect, the Company sets a target to expand its positive impact on stakeholders. For our employees, we
strive to improve employment policies that support employee development while protecting their health and safety. In
2023, we managed to increase the number of employee training hours per person by 125.82% to 15.13 hours. In line with
that, we also recorded zero fatal work accidents. On the other hand, the Company’s target to increase the beneficiaries
of community empowerment programs was well realized through various CSR programs that were implemented with
a focus on education and the environment. A total of 98 programs were successfully realized in 2023, an increase of
262.96% compared to the previous year. The cost allocation to support the program implementation reached IDR2,88 billion.

With solid 2023 performance, the Company is confident that its commitment to sustainability will continue to strengthen its
position as a responsible and sustainable company in the paint industry. This is supported by various awards and positive
recognitions achieved by the Company throughout 2023, such as the Indonesia Architectural Paints and Coatings Market
Leadership Award from Frost & Sullivan, Overall Winner award in the 2023 Katadata Corporate Sustainability Awards (KCSA) for
the Chemicals Sector category from Katadata, Green Industry Pioneer in Accelerating Sustainable Development in East Java
from the Governor of East Java, Going Green is Good for Your Business from Xurya Daya Indonesia, and Zero Accident Award
from the Governor of East Java.




       24           PT Avia Avian Tbk - 2023 Sustainability Report
Page 27
                                                                             Painting a Beautiful Picture of Indonesia
                                                                                     Foreword by the Board of Directors



Sustainability Prospect

In facing the future, the Company views sustainability prospects with optimism and determination to continue to maintain its
position as a pioneer in responsible business practices. We are committed to continuously improving operational efficiency,
product innovation, and environmental sustainability. In addition, we will continue to develop sustainable partnerships with
relevant parties, including the government, communities, and other stakeholders. In the economic aspect, we will continue to
strive to expand our market share and improve our competitiveness through product diversification, development of innovative
marketing strategies, and expansion of our distribution reach. We will also continue to invest in increasing manufacturing
capacity through the construction of new plants to maximize sustainable growth opportunities in the future.

In the environmental context, the Company will continue to make efforts to reduce environmental impacts, including waste
management and carbon emissions. We will intensify efforts in energy efficiency improvement and sustainable use of resources.
On the social aspect, we will continue with our CSR programs focusing on community development, both in education and
the environment. We are also committed to empowering local parties through supplier engagement and job creation. By
adopting these strategies, we believe that sustainability is not just a responsibility, but also an opportunity to generate
long-term value for the Company and all stakeholders.



Appreciation

To conclude, we would like to express our appreciation and gratitude to the Board of Commissioners and all employees
for their utmost dedication to realizing the Company’s Vision and Mission. Hard work, innovation, and the collaborative
spirit instilled by every Company personnel have established a solid foundation to achieve such outstanding sustainability
performance. We also express our appreciation and gratitude to our Shareholders, business partners, customers, government,
and the wider community who have supported and trusted the Company throughout this journey of sustainability.
Contributions and support from all parties are the main drivers of our success in carrying out sustainable business practices.

We believe that with continuous commitment, the Company will keep growing as a forward-looking, responsible company
that is able to create a positive impact on the environment and surrounding communities. We look forward to the next journey
of sustainability and creating a better future together.

                                            On behalf of the Board of Directors of
                                                    PT Avia Avian Tbk,




                                                     Wijono Tanoko
                                                     President Director




                                                       2023 Sustainability Report - PT Avia Avian Tbk             25
Page 28
About
the Company




“The Company is the paint market leader
in Indonesia as well as one of the biggest
paint manufacturers in Asia. In maintaining
this advantage, the Company is supported
by an integrated, cutting-edge, and trusted
business ecosystem. In addition, its current
business management, including product
innovation, has prioritized environmentally
conscious concepts and practices.”




   26     PT Avia Avian Tbk - 2023 Sustainability Report
Page 29
2023 Sustainability Report - PT Avia Avian Tbk   27
Page 30
Company
 Information

                                                  Company Name [GRI 2-1]
                                                  PT Avia Avian Tbk

                                                  Business Sector [GRI 2-6]
                                                  Manufacture and trade of paints and printing inks, varnishes, lacquers,
                                                  adhesives or glues, mortar or ready-mixed concrete.



                                                  Date of Establishment
Social Media:                                     March 1, 1983



                                                  Legal Basis of Establishment [GRI 2-1]
avian.brands                                      PT Avia Avian was established based on Deed of Establishment of
                                                  Limited Liability Company No. 06 dated March 1, 1983, as amended by
                                                  Deed No. 63 dated May 23, 1983, both drawn up before Indrawati
                                                  Setiabudhi, S.H., a Notary in Malang. The deed has been approved by
                                                  the Minister of Justice of the Republic of Indonesia by the Resolution
@avianbrands
                                                  of the Ministry of Justice of the Republic of Indonesia with Decree
                                                  No. C2-4948.HT01.01 Th83. dated July 5, 1983 and has been registered
                                                  with the Malang District Court No. 016/PP/PI/VIII/1983 dated
                                                  August 8, 1983.
Avian Brands


        Legal Form Status                         Total Employees of AVIA, TKTW, and TKBI
        [GRI 2-1]                                 (including Outsourced Employees)
        Limited Liability Company                  Male:				 Female:
                                                  6,754 employees		                    1,723 employees




      28            PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                 Painting a Beautiful Picture of Indonesia
                                                                                        About the Company




Listing of Shares on the Stock Exchange                       Headquarter [GRI 2-1] [POJK C.2]
December 8, 2021 on the Indonesia Stock Exchange              Jl. Raya Surabaya – Sidoarjo KM. 19
                                                              Desa Wadungasih, Kec. Buduran, Sidoarjo, 61252
                                                              Jawa Timur, Indonesia
Stock Code                                                      (62-31) 8968000
AVIA                                                            corsec@avianbrands.com
                                                                investor.relations@avianbrands.com
                                                                www.avianbrands.com
Shareholding [GRI 2-1]
as of December 2023
                                                              Branch Office
                                                              Avian Brands Building
                                                              Jl. Ahmad Yani No. 317, Surabaya, 60234
                                                              Jawa Timur, Indonesia
                                                                (62-31) 99850500/99850600



                                                              Address of Manufacturing Facilities [GRI 2-1]
                                                              Sidoarjo
                                                              Jl. Raya Surabaya – Sidoarjo KM. 19
  PT Tancorp Surya Sentosa            : 36.60%                Desa Wadungasih, Kec. Buduran, Sidoarjo, 61252
  PT Wahana Lancar Rejeki             : 32.49%                Jawa Timur, Indonesia
  Archipelago Investment Pte Ltd      : 6.30%                   (62-31) 8968000
  Robert Christian Tanoko             : 2.30%                 Serang
  Rudi Tanoko                         : 1.68%                 Jl. Raya Serang KM. 60
  Rony Tanoko                         : 1.68%                 Kawasan Pancatama 5 Kav. 50, Leuwilimus
  Treasury Stock                      : 0.06%                 Leuwi Limus, Cikande, Kabupaten Serang, 42186
  Public*                             : 18.89%                Banten, Indonesia
                                    *Each below 5%              (62-254) 402655




                                             2023 Sustainability Report - PT Avia Avian Tbk          29
Page 32
Sustainability Vision and Mission [POJK C.1]




        VISION
       “To become an integrated,
  environmentally friendly, leading and
        trusted paint company in
               Indonesia.”




                                                            MISSION
                                                              VISI
                                                         “To provideperusahaan
                                                           “Menjadi    added value   to
                                                                                   cat
                                                   stakeholders  through
                                                     yang terintegrasi,    the development
                                                                        ramah   lingkungan,
                                                               of various
                                                         terdepan         quality di
                                                                     dan terpercaya
                                                                     paints.” ”
                                                                   Indonesia.




  30       PT Avia Avian Tbk - 2023 Sustainability Report
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                                                               Painting a Beautiful Picture of Indonesia
                                                                                        About the Company




Company Values

      Customer Focus
 C    Able to make (internal and external) customers and their needs as the main focus in a positive
      and productive working relationship.




      Integrity
 In   Be honest in words, have the commitment and consistency in acting according to rules,
      norms, and morality.




      Teamwork
 T    Ability to be part of a group, work with the group members, and contribute to the achievement
      of the group’s goals.




      Agility
 A    Ability to be agile, flexible, and assertive in anticipating, initiating, and taking advantage of
      any opportunity as well as to avoid negative consequences from the changes.




                                        2023 Sustainability Report - PT Avia Avian Tbk                31
Page 34
Business, Product, and Service Segments
[GRI 2-6] [POJK C.4]


In accordance with the segment information disclosed in the Company’s Consolidated Financial Statements audited by a
Public Accounting Firm (Kantor Akuntan Publik or “KAP”), the Company conducts business activities in two business segments,
i.e., architectural solutions and trading goods segments. More information concerning the two business segments has been
described in the Annual Report which is prepared separately from this report.



                                                                                                                                          Wood Care                           Glue




                                                                                          No Drop
                                                                                    No Drop Bitumen Black
                                                                                       No Drop Plaston
                                                                                       No Drop Mortar
                                                                                        No Drop Tape
                                                                                     No Drop Anti Panas                 Boyo Series
                                                        Admiral Cat Kapal             No Drop Plus 3 in 1              Wood Eco Series
                                                  Avian Cat Kayu dan Besi               No Drop Basic
                                              Avian Cling Zinc Chromate                                              Lem Putih VIP PVAc
                                         Glovin Cat Kayu dan Tembok                                                     Admiral Wood Filler Epoxy
                                       Yoko Cat Kayu dan Tembok                                                            Avian Non-Sag Epoxy Super                 Roof Paint
                                         Avian 3 in 1 Anti Karat                      Waterproofing                 Wo
                                                                                                                               Avian Lem Epoxy Hemat
                                         Avian Cling Synthetic             tal                                                    Avian Lem Epoxy
                                                  Platinum               Me
                                                                         d                                          & od
                                                                                                                     Gl              Viplas
                                                                       an
                                                                                                                       Ca




                                                                                       ctural Solut
                                                                                                                        ue
                                                                od




                                                                                                                         re




                                                                                   ite
                                        Sunguard                                                                                              Absolute Roof
                                                                                                   io
                                                              Wo




                                                                               h
                                        Sunguard                                                                                              Coating
                                       All-In-One                                                                                             Avitex Cat             Instant Cement
                                                                         c




                                                                                                               ns




                                                                                                                                              Genteng & Seng
                                                                       Ar




                                        Supersilk
                                        Anti Noda                                                                                             Yoko Cat
                                        Supersilk                                                                                             Genteng & Seng
                                        Aquamatt                                                                                              Giant Mortar
                                                                                                                                              220
                                            Avitex
                                      Cat Tembok                                                                                              Giant Mortar
                                                                                                                                              270
                                 Avitex Eksterior
                                                                                                                                              Giant Mortar
                                Avitex Anti Viruz                                                                                             380
                                                                                                                                er s




                                      Avitex Gold
                                                         Wal




                                                                                                                                              Giant Mortar
                                Aries Cat Tembok                                                                                              420
                                                                                                                              O th
                                                             l




                                       Aries Gold                                                                                             Giant Mortar
                                       Aries Bling                                                                                            L500
                                                                                        Trading                                               Suzuka Cat Duco        Autorefinish & Spray Paint
                                      Avitex Wizz
                                                                                                                                              Otomotif
                                    HomeDeco Glow In
                                                The Dark
                                                                                         G oods                                               Suzuka Spray
                                            HomeDeco Glitz                                                                           Admiral Thinner
                                                                                                                                     Serbaguna
                                                                                                               ng
                                            HomeDeco Metallic                  Pipe                        orti
                                                                                                      Supp ucts                 VIP Pengupas Cat Tembok
                                    Brilliant Cat Tembok Interior                  s      Furniture     Prod                 VIP Paint Remover
                                             Brilliant Cat Tembok
                                                         Eksterior
                                                                                                                                                                     Thinner
                                                                     nd
                                                                 Bra




                                                                            Power
                                                                          Power Max                          Homecare
                                                                            Quad
                                                                                            Activ



                                                                                                                                                          Wall Paint Peeler
                                                  uct
                                                   d
                                               Pro




      32           PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                                       Painting a Beautiful Picture of Indonesia
                                                                                                                 About the Company




         Category                                                         Product Name

 Wall Paint             • Avitex Wizz;                          • Everglo Kids Care;                   • Avitex One Coat;
                        • Aries Bling;                          • No Odor Medicare;                    • Avitex Cat Tembok Dapur &
                        • Brilliant Cat Tembok Interior;        • No Odor;                               Kamar Mandi;
                        • Brilliant Cat Tembok Eksterior;       • Supersilk Anti Noda;                 • Jasmine;
                        • Avitex Gold;                          • Supersilk;                           • Fres;
                        • Avitex Anti Viruz;                    • Aquamatt;                            • Aries Gold; and
                        • Sunguard All-In-One;                  • Avitex Eksterior;                    • Aries Cat Tembok.
                        • Sunguard;                             • Avitex 4kids;
                        • Everglo;                              • Avitex Cat Tembok;
 Special Effect Paint   • HomeDeco Glow In The Dark;            • HomeDeco Glitz; and                  • HomeDeco Metallic.
                        • HomeDeco Magnetic;
 Waterproofing          • No Drop Plus 3in1;                    • No Drop Bitumen Black;               • No Drop Membrane; and
                        • No Drop Basic;                        • No Drop 100;                         • PRO-X 207.
                        • No Drop Anti Panas;                   • No Drop Mortar Anti Bocor;
                        • No Drop;                              • No Drop Tape;
 Wood and Metal Paint   • Admiral Cat Kapal;                    • Avian Cat Kayu dan Besi;             • Avian Cat Alumunium; and
                        • Avian Cling Synthetic;                • Glovin Cat Kayu dan Besi;            • Avian 3 in 1 Anti Karat.
                        • Platinum;                             • Yoko Cat Kayu dan Besi;
 Wood Care              • Boyo Politur Melamin;                 • Boyo Politur Vernis Water-Based;     • Boyo Wood Filler Solvent-Based;
                        • Wood-Eco Woodstain                    • Boyo Politur Vernis Solvent-Based;   • Boyo Sanding Sealer NC
                          Water-Based;                          • Wood-Eco Politur Interior P01;         Solvent-Based; and
                        • Wood-Eco Woodstain                    • Wood-Eco Politur Eksterior P03;      • Boyo Clear Coat NC
                          Solvent-Based;                        • Boyo Wood Stain Solvent-Based;         Solvent-Based.
 Primer                 • Avian Cling Zinc Chromate;            • Avitex Alkali Resisting Primer;      • Belmas Zinc Chromate; and
                        • Lenkote Alkali Resisting Primer;      • Avian Zinc Chromate;                 • Suzuka Epoxy Filler.
                        • Lenkote Wall Sealer;                  • Yoko Cat Dasar Kayu dan Besi;
 Putty                  • Lenkote Plamir Tembok (Wall Putty);   • Avitex Plamir Tembok;                • Giant Mortar 220.
                        • No Odor Wall Putty;                   • Aries Gold Wall Putty; and
 Roof Paint             • Absolute Roof Coating;                • Avitex Cat Genteng & Seng; and       • Yoko Cat Genteng & Seng.
 Instant Cement         • Giant Mortar 260;                     • Giant Mortar 380;                    • Giant Mortar 480; and
                        • Giant Mortar 270;                     • Giant Mortar 420;                    • Giant Mortar 510.
 Glue                   • Avian Lem Epoxy Hemat;                • Lem Putih MAX PVAc;                  • Avian Lem Epoxy Super; and
                        • Admiral Wood Filler Epoxy;            • Viplas;                              • Avian Non-Sag Epoxy Super.
                        • Lem Putih VIP PVAc;
 Stone Coating          • No Lumut Solvent-Based; and           • No Lumut Water-Based.
 Autorefinish and       • Suzuka Spray;                         • Suzuka 2:1 PU Clear Coat; and        • Suzuka 4:1 PU Clear Coat.
 Spray Paint            • Suzuka Cat Duco Otomotif;
 Floor Coating          • Avian Roadline Paint; and             • Avian Cat Paving.
 Thinner                • Admiral Thinner Serbaguna;            • Avia Thinner Lacquer Super;          • Thinner 1633;
                        • Avian Thinner Enamel;                 • Aries Thinner Lacquer A;             • Thinner 1634;
                        • Avian Thinner B Asli;                 • Aries Thinner Lacquer A Special;     • Thinner 1601; and
                        • Avia Thinner Lacquer A;               • Thinner 16213;                       • Thinner 1602.
                        • Avia Thinner Lacquer A Special;       • Thinner 1660;
 Cement Additive        • No Drop Plaston; and                  • Giant Mortar L500.
 Others                 • PRO-X 111;                            • Avitex Biocidal Wash; and            • VIP Paint Remover.
                        • VIP Pengupas Cat Tembok;
 Supporting Products    • Basic Paint Roller;                   • Synthetic Brush;                     • Masking Tape;
                        • Green Brush;                          • Budget Paint Roller;                 • Seal Tape;
                        • Yellow Brush;                         • All Paints Paint Roller;             • Drywall Tape;
                        • Plastic Scrapper;                     • Budget Roller Cover;                 • Fiberglass Tape;
                        • Mini Refill                           • Regular Roller Cover;                • Roof Drain; and
                        • Mini Roller;                          • All Paints Roller Cover;             • Kran Air Taman.
                        • Paint Tray;                           • Abrasive Paper;
                        • White Brush;                          • Abrasive Cloth Roll;


Further information on the Company’s products and services can be found in the Annual Report which is presented
independently with this Sustainability Report, the Company’s website, as well as various social media and other platforms of
the Company.




                                                             2023 Sustainability Report - PT Avia Avian Tbk                      33
Page 36
New Products Launched in 2023

The Company consistently strives to conduct research and development on the products presented to customers. The research
and development are not only focused on improving the quality of the product itself but also on meeting customer needs
and adapting to market changes. The new products successfully launched by the Company throughout 2023 are described as
follows:




                    Admiral Thinner Serbaguna                                     Admiral Anti Fouling
                    • Anti-Fog                                                    • Anti-Algae and Anti-Barnacles Formula
                    • Quick Drying                                                • Maintains Maximum Boat Speed
                    • More Cost Effective                                         • Helps Save Fuel




                    Brilliant Cat Tembok Interior                                 Brilliant Cat Tembok Eksterior
                    • Conceals Wall Imperfections                                 • UV Protection
                    • Resistant to Brushing or Rubbing                            • Anti-Mold and Anti-Mildew
                    • Minimal Splatter                                            • Best Adhesion




                    Boyo Politur Melamin                                          Avian Cling Zinc Chromate
                    • Anti-Mold and Insects                                       • Prevents Rust
                    • Beautifies Wood Appearance                                  • Quick Drying
                    • Water Repellent                                             • Strong Adhesion




                    Admiral Wood Filler Epoxy                                     Admiral Cat Kapal
                    • Best Adhesion                                               • Seawater Resistant
                    • Flexible                                                    • Strong Adhesion
                    • Seals Cracks                                                • Quick Drying




                    Aries Bling                                                   Avitex Wizz
                    • Not Easily Discolors                                        • 2x thicker
                    • Quick Drying                                                • Up to 40% Dilution
                    • Cost Efficient                                              • 3-years Warranty




                    No Drop Plus 3 in 1                                           No Drop Basic
                    • Primer, Top Coat, and Waterproofing                         • 4-years Protection
                    • Waterproof                                                  • Waterproof
                    • 7+ Years Protection                                         • Elastic




                    Avian Lem Epoxy Hemat                                         Avian 3 in 1 Anti Karat
                    • Strong Adhesion                                             • Protects against Rust
                    • Quick Drying                                                • Practical
                    • No Pungent Odor                                             • Suitable for Exterior and Interior




      34           PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                                Painting a Beautiful Picture of Indonesia
                                                                                                        About the Company




Organizational Scale [POJK C.3]

            Description                        Unit                      2023               2022               2021
 Total Manufacture                         Metric Tons                   180,540             170,986            205,382
 Total Manufacturing Facilities        Manufacturing Plants                      2                  2                  2
 Total Assets                             Million Rupiah               11,166,987         10,792,122          10,873,760
 Total Liabilities                        Million Rupiah                1,245,498          1,217,237           1,458,140
 Total Equity                             Million Rupiah                9,921,489          9,574,885           9,415,620
 Net Revenue                              Million Rupiah                7,016,882          6,694,171           6,779,643
 Profit Before Income Tax
                                          Million Rupiah                1,992,143          1,745,247           1,844,705
 Expenses
 Profit for the Year                      Million Rupiah                1,643,096          1,400,365           1,434,551
 Total Employees
                                              People                      8,477**            8,076**              7,689*
 (Including Outsourcing)
 Total Environmentally Friendly   Singapore Green Label Certified
                                                                                29                 24                 16
 Products Supplied                      Product Categories

Notes:
* AVIA and TKTW; and
** AVIA, TKTW, and TKBI.




                                                           2023 Sustainability Report - PT Avia Avian Tbk        35
Page 38
Operational Areas [GRI 2-1] [POJK C.3]




                                 PRODUCT DISTRIBUTION AREAS




    Wholly-owned                    Wholly-owned                 Independent               Number of
  Distribution Center          Mini Distribution Center       Distribution Center   Retail Outlets Supplied



      Sumatra:                        Sumatra:                       Sumatra:             Sumatra:

        26                               5                             10               10,894
        Java:                           Java:                          Java:                Java:

         51                              0                             15               31,435
     Kalimantan:                    Kalimantan:                     Kalimantan:          Kalimantan:

         14                              2                              4                 5,215
      Sulawesi:                       Sulawesi:                      Sulawesi:            Sulawesi:

         13                              2                              6                5,327
    Other Areas in                 Other Areas in                  Other Areas in       Other Areas in
      Indonesia:                     Indonesia:                      Indonesia:           Indonesia:

         14                              5                              5                4,006
        TOTAL:                         TOTAL:                         TOTAL:                TOTAL:


        118                             14                             40               56,877



   36             PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                                    Painting a Beautiful Picture of Indonesia
                                                                                                               About the Company




Group Structure and Subsidiaries

                                                       PT Avia Avian Tbk




          50.00%                             99.99%                               99.99%                            67.00%



   PT Bangun Bersama                   PT Tirtakencana                      PT Solusi Rumah                    PT Multipro Paint
        Solusindo                         Tatawarna                             Praktis                           Indonesia


                                             99.98%



                                       PT Tirtakencana
                                         Batamindo



                                                                                                  Operational Total Assets Before
      Name                        Address                          Business Sector
                                                                                                    Status       Elimination

Direct Ownership

                     Jl. Raya Surabaya - Sidoarjo KM. 19,
                                                                 Wholesale trade of paints,
PT Tirtakencana      Desa Wadungasih, Kec. Buduran,
                                                              warehousing and storage, and         Operating     IDR3,830,103,145,307.-
Tatawarna            Kab. Sidoarjo, Provinsi Jawa Timur,
                                                             self-owned or leased real estate.
                     Indonesia.

                     Avian Brands Building,
                     Jl. Ahmad Yani No. 317,
PT Solusi Rumah                                              Retail trade of paints, varnishes,
                     Kel. Dukuh Menanggal,                                                         Operating         IDR2,075,669,496.-
Praktis                                                     and Lacquers, as well as painting.
                     Kec. Gayungan, Kota Surabaya,
                     Jawa Timur, Indonesia.

                     Menara Satu Sentra Kelapa Gading
                                                                    Paint and printing ink
                     7th Floor, Room 6,
                                                                 industry, varnish industry
                     Jl. Boulevard Kelapa Gading LA 3
PT Multipro Paint                                             (including mastics), wholesale
                     No. 1, Kel. Kelapa Gading Timur,                                              Operating       IDR31,834,298,639.-
Indonesia                                                     trade of paints, and wholesale
                     Kec. Kelapa Gading,
                                                                  trade of various building
                     Jakarta Utara, DKI Jakarta,
                                                                          materials.
                     Indonesia.

Indirect Ownership

                     Komplek Executive Industrial Park         Wholesale trade of various
PT Tirtakencana
                     Blok D2 No. 8,                           building materials, wholesale
Batamindo (through
                     Kel. Belian, Kec. Batam Kota,             trade of other construction         Operating       IDR34,982,411,405.-
PT Tirtakencana
                     Kota Batam, Kepulauan Riau,              materials, and retail trade of
Tatawarna)
                     Indonesia.                                          furniture

Joint-Venture

                                                              Wholesale trade of cement,
                     Menara Sentraya 21st Floor,
                                                                  lime, sand, and stone as
                     Jl. Iskandarsyah Raya No. 1A,
PT Bangun Bersama                                            construction materials, building
                     Kel. Melawai, Kec. Kebayoran Baru,                                            Operating       IDR43,061,798,385.-
Solusindo                                                        materials, as well as basic
                     Jakarta Selatan,
                                                              or industrial chemical materials
                     DKI Jakarta, Indonesia.
                                                                         and goods.




                                                            2023 Sustainability Report - PT Avia Avian Tbk                 37
Page 40
Significant Changes in the Company and
Supply Chain [GRI 2-6] [POJK C.6]

In 2023, no significant changes occurred in the Company related to closing or opening new branches, opening or closing new
business units, or business mergers or consolidations. Likewise, with the supply chain, no significant changes impacted the
Company in 2023.




Preventive Approaches or Principles
The Company adopts a preventive approach or principle through the risk management system that is structured based on the
precautionary principle in all of the Company’s operational activities. A full description of the Preventive Approach or Principle
is provided in the Risk Management section of the Sustainability Governance chapter of this report.




External Initiatives
In conducting its operational activities, the Company follows and supports several principles and initiatives developed by
other organizations, either in the form of certifications or standards for certain areas, which are recognized nationally
and internationally. In addition to the list of achievements above, the Company also participated in an external
international initiative by becoming one of the signatories of the Anti-Corruption Call to Action with more than 500
other companies worldwide. This initiative was developed at the UN Global Compact Leaders Summit in September
2023 in the United States. The Company’s involvement in this initiative can be seen on the UN Global Compact website,
https://unglobalcompact.org/take-action/action/anti-corruption-call-to-action.




      38            PT Avia Avian Tbk - 2023 Sustainability Report
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                    Painting a Beautiful Picture of Indonesia
                                          About the Company




2023 Sustainability Report - PT Avia Avian Tbk    39
Page 42
Determination
of Contents and
Materials of
Report



“This Sustainability Report is
prepared to provide information on
the implementation of sustainability
aspects within the scope of the Company’s
business which consists of 4 pillars, namely
Product Quality and Environment; Social,
Labor, and Human Rights; Ethics and
Governance; and Sustainable Procurement.
Through this Report, we disclose the entire
process of planning, implementation,
monitoring, and evaluation related to
sustainability aspects so that the reader
can obtain comprehensive information on
the Company’s sustainability performance
and its contribution to the achievement
of SDGs.”




   40     PT Avia Avian Tbk - 2023 Sustainability Report
Page 43
2023 Sustainability Report - PT Avia Avian Tbk   41
Page 44
Stakeholder Engagement [GRI 2-29] [POJK E.4]
We define stakeholders as entities or individuals who are affected by the Company’s activities, products, and services. On the
other hand, the presence of the stakeholders also affects the Company in realizing the success of strategy implementation and
goal achievement. Therefore, we involve stakeholders in the process of developing a sustainability agenda by paying attention
to compliance with corporate social responsibility, concern for environmental issues, and taking into account the priority scale
in building communication with various strategic partners.

This stakeholder engagement process is part of the Company’s efforts to meet the needs of each stakeholder group by
using all of its own resources in an appropriate and responsible manner, as well as in a way that does not conflict with the
provisions stipulated in the laws and regulations. In identifying stakeholder groups, we are guided by the AA1000 Stakeholder
Engagement Standard (“SES”) 2015 which sets out several criteria, as described below:




     1          Influence
                The party influences the decisions made by the Company regarding business continuity.




     2          Dependency
                The Company has dependence on the party, either directly or indirectly.




     3          Responsibility
                The Company has responsibilities, either at the present or in the future, to the party.




                Attention
    4           The party requires attention from the Company regarding economic, social environmental,
                or governance issues.




                Perspective
     5          The party may provide new, previously non-existent perspectives on important, relevant
                issues.




Based on these aspects of consideration, we have determined the parties included in the stakeholder groups along with
the Company’s response to meeting the needs of each stakeholder group. The results of the identification are described
as follows:




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                                            INTERNAL STAKEHOLDERS

                                            Shareholders and Investors

                         Significant Topics and Stakeholders’ Needs
                         • Business development;
                         • Financial and operational performance; and
                         • Dividend payment.

                         Method of Engagement and Frequency of Implementation
                         • Convention of General Meeting of Shareholders annually or as needed;
                         • Submission of Annual Report and Sustainability Report on a yearly basis; and
                         • Provision of facilities for information access.
Basis for Selection
   Responsibility;       Response to Stakeholders’ Needs
   Perspective; and      •   Strategizing to improve economic performance and business sustainability;
   Influence.            •   Adjusting the implementation of sustainability principles in the Company;
                         •   Stipulating policy on dividend payment; and
                         •   Providing the latest information about the Company on various media, such as the Company’s and stock
                             exchange websites.


                                                        Employees

                         Significant Topics and Stakeholders’ Needs
                         •   Fair and responsible management of labor practices;
                         •   Occupational health and safety (“OHS”);
                         •   Business continuity; and
                         •   Competence and career development.

                         Method of Engagement and Frequency of Implementation
                         • Provision of employee complaint facilities;
Basis for Selection      • Convention of meetings between management and employee representatives through the Bipatrit
                           Cooperation Agency as needed; and
   Responsibility;
                         • Implementation of complaints surveys as needed.
   Dependency;
   Influence; and        Response to Stakeholders’ Needs
   Attention.            • Preparing and complying with employment contracts and company regulations related to labor management;
                         • Providing adequate OHS facilities and/or infrastructures in all operational areas; and
                         • Organizing education and training activities as well as promotions.




                                            EXTERNAL STAKEHOLDERS

                                                        Distributor

                         Significant Topics and Stakeholders’ Needs
                         •   Fair and transparent procurement practices;
                         •   Compliance with employment contracts;
                         •   Productive and mutual business relationships; and
                         •   Environmentally friendly supply chain strategies.

                         Method of Engagement and Frequency of Implementation
                         • Convention of meetings with suppliers as required;
                         • Periodic audits and assessments of vendors; and
Basis for Selection      • Provision of complaint facilities for suppliers.

   Responsibility; and   Response to Stakeholders’ Needs
   Dependency.           •   Preparing employment contracts that are favorable to both parties;
                         •   Procuring goods and services in accordance with GCG principles;
                         •   Complying with the obligations as stipulated in the employment contracts; and
                         •   Ensuring vendors have implemented business practices that consider environmental impacts.




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                                               EXTERNAL STAKEHOLDERS

                                                         General Public




                            Significant Topics and Stakeholders’ Needs
                            • Health and safety operations;
                            • The Company’s participation in helping to improve the welfare of the community; and
                            • Community development program.

                            Method of Engagement and Frequency of Implementation
Basis for Selection         Provision of communication and complaint facilities for the surrounding community.
   Responsibility;          Response to Stakeholders’ Needs
   Attention; and           • Creating employment opportunities for local communities; and
   Perspective.             • Implementing CSR programs for the community through Avian Brands Peduli.




                                                          Government


                            Significant Topics and Stakeholders’ Needs
                            • Compliance with relevant applicable regulations;
                            • Payment of tax obligations and non-tax state revenues (penerimaan negara bukan pajak or “PNBP”); and
                            • Disclosure of violations.

                            Method of Engagement and Frequency of Implementation
                            • Submission of Annual Reports, Sustainability Reports, and other reports on a quarterly and annual basis;
                            • Payment and reporting of taxes and PNBP on monthly or annual basis; and
                            • Provision of violation reporting through whistleblowing system.
Basis for Selection
   Responsibility; and
                            Response to Stakeholders’ Needs
   Influence.               •   Ensuring compliance with all regulations applicable to the Company;
                            •   Paying tax and PNBP obligations;
                            •   Conducting certifications and assessments by external parties; and
                            •   Disclosing incidents of violations that occur within the Company.


                                                        Store Customer

                            Significant Topics and Stakeholders’ Needs
                            •   Product and service information;
                            •   Marketing communications;
                            •   Quality of products and services;
                            •   Product labeling;
                            •   Customer opinions and needs; and
                            •   Improvement of customer satisfaction.

                            Method of Engagement and Frequency of Implementation
Basis for Selection         • Implementation of customer satisfaction surveys as required; and
   Responsibility;          • Provision of complaint facilities for customers.
   Dependency; and
                            Response to Stakeholders’ Needs
   Attention.
                            • Updating product and service information;
                            • Registering the Company’s products with certification bodies; and
                            • Maintaining product and service quality, including customer health and safety aspects.




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                                               EXTERNAL STAKEHOLDERS

                                                Product-using Customers

                            Significant Topics and Stakeholders’ Needs
                            •   Product and service information;
                            •   Marketing communications;
                            •   Quality of products and services;
                            •   Product labeling;
                            •   Customer opinions and needs; and
                            •   Improvement of customer satisfaction.

                            Method of Engagement and Frequency of Implementation
  Basis for Selection       • Implementation of customer satisfaction surveys as required; and
     Responsibility;        • Provision of complaint facilities for customers.
     Dependency; and
                            Response to Stakeholders’ Needs
     Attention.
                            • Updating product and service information;
                            • Registering the Company’s products with certification bodies; and
                            • Maintaining product and service quality, including customer health and safety aspects.




Material Topics of Sustainability Report
We prepare the Sustainability Report as a reporting medium to stakeholders on the Company’s sustainability performance
which consists of 4 pillars, namely Product Quality and Environment; Social, Labor, and Human Rights; Ethics and
Governance; and Sustainable Procurement. The issuance of this Sustainability Report is also an implementation of the
Company’s accountability and transparency on the impact of the Company’s operational activities on the surrounding
economic, environmental and social conditions. In addition, in the context of sustainable development, this Sustainability
Report is a medium that presents information about the Company’s contribution to supporting the achievement of
SDGs.

We have prepared this Sustainability Report with reference to the reporting principles as outlined in GRI 1: 2021 Baseline
below:



                  Accuracy
                  We report accurate and sufficiently detailed information to enable a comprehensive and relevant assessment of the
                  Company’s impact and contribution.




                  Balance
                  We report information in a neutral manner and provide a balanced picture of the Company’s impact and contribution.




                  Clarity
                  We present information in a way that is accessible and understandable.




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                   Comparability
                   We select, compile, and report information consistently to enable stakeholders to analyze changes and progress
                   made in managing the Company’s impacts and contributions over time and to analyze these impacts in relation to the
                   impacts of other organizations.



                   Completeness
                   We provide sufficient information to assess of the Company’s impact and contribution during the reporting period.




                   Sustainability Context
                   We report information on the Company’s contribution in the broader context of sustainable development.




                   Timeliness
                   We report information regularly and make it available in a timely manner for stakeholders to make informed decisions.




                   Verifiability
                   We collect, record, compile, and analyze information so that the information presented can be scrutinized to determine
                   its quality.




Identification and Determination of Priority Topics [GRI 3-1]

Based on analysis of our Sustainability Report in previous years, we feel the need to update our material topics. As a company
with a substantial product sales and production scope, we felt the need to conduct a more comprehensive materiality analysis.
We identified relevant topics based on the characteristics of the paint chemical industry and its impact on the stakeholders.
Unlike the previous method that only relied on the proxy method conducted by the relevant departments, we have now
conducted a broader engagement with all of our stakeholders. This is so that the materiality topics we determine are not only
factual to the conditions faced by the Company in 2023, but also relevant to parties with interest in our manufacturing process.




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                                                                   Determination of Contents and Materials of Report



Our process in identifying and determining material topics for this Sustainability Report is described as follows:


                    Continuously Identifying and                                       Determining Material Topics
                     Assessing Impacts [GRI 3-1]                                          for Reporting [GRI 3-1]



                                                                                    Reviewing
                                 Engaging various stakeholders                    material topics
                                     and relevant experts.                       with stakeholders
                                                                                   and experts.




                                Identifying                                       Prioritizing the
   Understanding                                           Assessing
                                actual and                                        most significant              Material
   organizational                                         significance
      context
                                 potential
                                                           of impacts
                                                                                    impacts for                  Topic
                                  impacts                                            reporting




                               Identifying the
                             Company’s actual             Assessing the
       Analyzing
                                and potential             significance of
        business
                                  economic,            identified impacts
     activities and                                                               Setting thresholds
                              environmental,                to prioritize
     relationships,                                                              to determine which
                                  social, and            areas where the
   the sustainability                                                             topics are material
                                 governance             Company is likely
       context in                                                                   and organizing
                            impacts, including          to take action to
      which these                                                                 them from most to
                            impacts on human            address impacts
     occur, and an                                                                 least significant.
                              rights, across all         and determine
      overview of
                             of the Company’s          material topics for
     stakeholders.
                             business activities             reporting.
                             and relationships.




Identification and prioritization of topics discussed in this Sustainability Report were carried out by engaging the stakeholders,
both from internal and external parties of the Company, through surveys. We implemented this method by distributing
questionnaires available in 2 languages, namely Indonesian and English, for approximately 2 months, from October to
November 2023.

Based on the questionnaire results, we received an excellent response, with each stakeholder group providing their answers
and opinions on their priority sustainability topics. The process of formulating question topics in this questionnaire has
also considered issues deemed significant to the standards of the chemical manufacturing sector, particularly the paint
manufacturing industry. Our questionnaire also provides space for stakeholders to express their opinions beyond the questions
or topics mentioned with the aim that all stakeholders not only feel involved, but also always heard by the Company for mutual
progress and sustainability.




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The number of stakeholders who responded reached 505 people consisting of Shareholder/Investor groups, employees,
distributors, communities, governments, store customers, product-using customers, and others. The demographics of these
stakeholders are described below:


DEMOGRAPHICS OF STAKEHOLDERS INVOLVED IN MATERIAL TOPIC MAPPING



                                                      Demographics by

                            Gender                                                          Age Group
      2.77%                                                              6.73%                                      0.60%




      28.91%                                                             25.54%                                    29.11%




                                                    68.32%                                                         38.02%


                                                                          20-29 years old   30-39 years old   40-49 years old
          Male        Female        Choose Not to Answer
                                                                          50-59 years old   More than 60 years old




List of Material Topics and Limitations [GRI 3-2]

The identification conducted through this stakeholder engagement process helps us to complement our concerns and views
on the environmental, social, and governance (“ESG”) impacts of our production processes, which in turn contributes to the
determination of the Company’s ESG strategy and goals. Thus, the material topics discussed in this Sustainability Report have
evolved compared to previous years through the addition of several topics. Information regarding the material topics of the
Company’s 2023 Sustainability Report is described below:


LIST OF MATERIAL TOPICS AND EXPLANATIONS



                 PRODUCT QUALITY AND ENVIRONMENT


 Material Topic: Responsible Procurement of Raw Materials & Products
 GRI-Standard Disclosures:                                         Relation to SDGs:
     GRI 301



 Sub-Topic:
 •   Percentage of renewable materials;
 •   Percentage of recycled materials used;
 •   Percentage of product packaging recovered and reprocessed by the Company; and
 •   Sustainable products launched by the Company.




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              PRODUCT QUALITY AND ENVIRONMENT


Material Topic: Environmental Protection
GRI-Standard Disclosures:                                         Relation to SDGs:
    GRI 302     GRI 303     GRI 304      GRI 306



Sub-Topic:
•   Environmental and ecological protection;
•   Water management;
•   Energy management and reduction practices;
•   Waste management and reduction; and
•   Material recycling.
Material Topic: Climate Change Actions
GRI-Standard Disclosures:                                         Relation to SDGs:
    GRI 305



Sub-Topic:
•   Transition to clean and affordable energy;
•   Greenhouse gas emission reduction target (Scope 1, 2, 3);
•   Monitoring and evaluation of greenhouse gas emissions; and
•   Carbon neutral and Net Zero Carbon commitments.




              SOCIAL, LABOR, AND HUMAN RIGHTS


Material Topic: Public Impact and Relations
GRI-Standard Disclosures:                                         Relation to SDGs:
    GRI 202     GRI 413



Sub-Topic:
•   Community development programs or welfare activities (CSR);
•   Community engagement;
•   Impact assessment; and
•   Total employees recruited from local communities.
Material Topic: Talent/Skill Attraction and Retention
GRI-Standard Disclosures:                                         Relation to SDGs:
    GRI 401     GRI 404



Sub-Topic:
• Employee training and career development;
• Employee benefits; and
• Employee retention.




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               SOCIAL, LABOR, AND HUMAN RIGHTS


Material Topic: Occupational Health, Safety, and Security

GRI-Standard Disclosures:                                      Relation to SDGs:
    GRI 403




Sub-Topic:
•   OHS management system;
•   Prevention of occupational accidents or disasters;
•   Employee participation and training on OHS;
•   Hazard identification;
•   Incident assessment and investigation; and
•   Promoting worker or employee health.

Material Topic: Human Rights

GRI-Standard Disclosures:                                      Relation to SDGs:
    GRI 202      GRI 405      GRI 406        GRI 408
    GRI 409      GRI 411


Sub-Topic:
•   Diversity of employee composition;
•   Hiring people with disabilities;
•   Female proportion;
•   Decent and equal wages;
•   Care and concern for employees;
•   No discrimination;
•   Elimination of child and forced labor;
•   No sexual harassment; and
•   Rights of local communities.

Material Topic: Labor Management/Relations

GRI-Standard Disclosures:                                      Relation to SDGs:
    GRI 402      GRI 407




Sub-Topic:
•   Freedom of association;
•   Mutual negotiation;
•   Labor practice complaint mechanism; and
•   Minimum notice of changes in the work environment.

Material Topic: Customer Relationship Management

GRI-Standard Disclosures:                                      Relation to SDGs:
    GRI 416      GRI 417      GRI 418




Sub-Topik:
•   Product quality and safety;
•   Customer opinions and needs;
•   Product labelling;
•   Marketing communications; and
•   Improvement of customer satisfaction.




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              ETHICS AND GOVERNANCE


Material Topic: Corporate Governance and Operational Performance
GRI-Standard Disclosures:                                             Relation to SDGs:
     GRI 2



Sub-Topic:
•   Corporate governance mechanisms;
•   Governance structure and composition;
•   Composition and selection of the Board of Commissioners and the Board of Directors;
•   Diversity of the Board of Commissioners and the Board of Directors;
•   Independence of the Board of Commissioners and the Board of Directors;
•   Remuneration policy;
•   The role of the highest governance organ in sustainability; and
•   External guarantees.
Material Topic: Integrity Management and Compliance with Laws and Regulations
GRI-Standard Disclosures:                                             Relation to SDGs:
    GRI 205     GRI 207      GRI 415



Sub-Topic:
•   Code of conduct;
•   Healthy business competition;
•   Anti-corruption;
•   Taxation governance;
•   Political contributions;
•   Compliance with laws and regulations (economic, environmental, social); and
•   Disclosure of violations.
Material Topic: Information Safety Management
GRI-Standard Disclosures:                                             Relation to SDGs:
    GRI 418                                                           -

Sub-Topic:
• Information security policies and systems;
• Information breach risk control and measures; and
• Protection of data security of all company stakeholders.




              SUSTAINABLE PROCUREMENT


Material Topic: Supply Chain Management
GRI-Standard Disclosures:                                             Relation to SDGs:
    GRI 308     GRI 414



Sub-Topic:
• Sustainable procurement and supply chain measures (policies, assessments, training, documentation, and reporting for suppliers); and
• Environmentally friendly supply chain strategies.




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Material Level

Furthermore, to determine the level of materiality of the Sustainability Report content, a mapping of material topics was
conducted based on a stakeholder survey. The mapping results show an overview of the materiality level of the Sustainability
Report content below:




                                                                                                                          Customer
                                                                                                                           Service
                                                                                                                                                      Occupational
                                                                                                                         Management
                                                                                                                                                       Health and
                                                                                                                                                         Safety
                                                                     Integrity                                                             Environmental
                                                                  Management                                                                 Protection
                                                                 and Compliance                                              Information
                                                                  with Laws and                                                Security
                             HIGH




                                                                   Regulations                                               Management
IMPORTANT FOR STAKEHOLDERS




                                            Responsible
                                            Procurement
                                               of Raw                                                Skill/Talent
                                            Materials and                                  Human    Attraction and
                                              Products                                     Rights     Retention
                                                                                                                                                Climate Change
                                                            Supply Chain                                                                            Action
                                                            Management
                             MEDIUM




                                                                              Community
                                                                              Impact and
                                                                               Relations




                                                                                        Corporate
                                                                                     Governance and   Labor
                                                                                       Operational Management/
                                                                                      Performance    Relations
                             LOW




                                      LOW                                         MEDIUM                                  HIGH


                                                                                             IMPORTANT FOR THE COMPANY




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2023 Sustainability Report - PT Avia Avian Tbk    53
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Sustainability
Governance




“We remain focused on
creating shared value for
the long term so implementing
sustainability governance is an
essential foundation for achieving
this goal. In its implementation, our
operational activities are not only guided
by applicable laws and regulations, but
also by emphasizing the fulfillment of
obligations to stakeholders in economic,
environmental, social, and governance
aspects.”




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2023 Sustainability Report - PT Avia Avian Tbk   55
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OUR ACHIEVEMENTS                                                                   [GRI 3-3]




           We have enrolled                          The proportion of female                        We have conducted
     our employees in competence                  representation on the Board of                      identification and
        development programs                          Directors has reached                           found no cases of
       on sustainability aspects,                                                               non-compliance with the laws
            encompassing                                                                         and/or voluntary regulations
            Tema Pelatihan                                                                          concerning products’
                                                                                                      health and safety
              39 themes                                                                                    impacts.
          Total Jam Pelatihan
                                                         20.00%                                           Zero
         4,301.99 hours.                                   since 2022.                                non-compliance.




Commitment to Sustainability
Governance
Implementing sustainability governance is a key foundation for our Company’s continuity and sustainability. For us,
sustainability governance is the underlying principle of company management processes and mechanisms based on
applicable laws and business ethics, while always caring for our stakeholders. We are optimistic that through our commitment
to consistently implementing sustainability governance, we will become stronger and continuously provide maximum benefits
to stakeholders. Moreover, potential risks that may negatively affect our business activities will be mitigated and their impact
minimized. Risk management related to economic, environmental, social, and governance aspects is conducted by referring to
sustainability principles that are adjusted to governmental regulations, as well as the 7 core subjects contained in ISO 26000
on Social Responsibility, as shown below:




                                                                                               Community Engagement and
     Fulfillment of Human Rights
                                                                                               Development

                                                               7
           Environmental Matters                     Core Subjects                             Product and Customer Issues
                                                      ISO 26000

        Governance Organization                                                                Fair Operational Procedures




                                                  Employment, Health, and
                                                      Safety Practices




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                                                                                                     Sustainability Governance




Structure of Sustainability Governance [GRI 2-9, 2-11]
We already have a sustainability governance structure in place, which consists of a General Meeting of Shareholders as the highest
organ in the governance structure, the Board of Commissioners with the responsibility for supervising and advising the Board
of Directors, and the Board of Directors which is responsible for managing the Company’s operational activities, including the
sustainability aspects. In performing its duties, the Board of Commissioners is assisted by Supporting Committees, while the
Board of Directors is assisted by Supporting Work Units. The implementation of such governance is also supported by the Good
Corporate Governance Guidelines, which are a set of rules guiding the process of good corporate management and supervision
such as division of duties, authorities, and responsibilities for each of the Company’s organs, based on the Good Corporate
Governance (“GCG”) principles. Information on the Company’s sustainability governance structure is further described as follows:


                                             General Meeting of Shareholders




                The Board of Commissioners                                               The Board of Directors




                       The Nomination            The Good                                                              The Related
    The Audit               and                  Corporate            The Corporate            The Internal               Party
   Committee            Remuneration            Governance              Secretary               Unit Audit             Transaction
                         Committee              Committee                                                              Committee



The duties and responsibilities of the Company’s sustainability governance structure are described as follows: [GRI 2-12, 2-14]


The Role of the Highest Governance Organ in Overseeing Impact Management [GRI 2-12]

The General Meeting of Shareholders (“GMS”) demonstrates its commitment to supporting sustainability programs by
approving, supervising, and evaluating the Company’s strategies and targets, aligned with Sustainable Development Goals,
the Company’s Vision and Mission, and materiality topics.

  Governance Organ                                                        Description
                           The GMS is a governance organ that has the power not granted to the Board of Directors nor the Board
                           of Commissioners within the limits stipulated by the Limited Liability Company Law and/or the Articles of
 GMS
                           Association, as well as a medium for Shareholders to make important decisions related to long-term business
                           continuity.
                           The Board of Commissioners has the duties and responsibilities to supervise and advise the Board of Directors
 The Board of              in managing the Company’s strategy, including implementing GCG principles. The Board of Commissioners
 Commissioners             is assisted by the Audit Committee, the Nomination and Remuneration Committee, and the Good Corporate
                           Governance Committee.
                           The Board of Directors has the duties and responsibilities to manage the Company’s business operations,
                           including managing economic, environmental, social, and governance risks with representative and
 The Board of Directors    managerial authority. The implementation of the duties of the Board of Directors is supported by the
                           Corporate Secretary, the Internal Audit Unit, the Related Party Transaction Committee, as well as management
                           in the Work Units performing direct operational activities. [GRI 2-11]
                           The Audit Committee has the duties and responsibilities to assist the Board of Commissioners in performing
                           supervisory functions, including monitoring and evaluating the implementation of the internal control
 The Audit Committee       system, assessing the implementation of activities and audit results carried out by internal and external
                           auditors, reviewing financial information to be issued by the Company, and monitoring compliance with
                           applicable laws and regulations.




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 Governance Organ                                                            Description
                           The Nomination and Remuneration Committee has the duties and responsibilities to assist the Board of
The Nomination and
                           Commissioners in supervising the implementation of the nomination and remuneration process to ensure
Remuneration
                           that it is objective, effective, and efficient, as well as to improve the quality, competence, and responsibility
Committee
                           of the Board of Commissioners and the Board of Directors in achieving Vision and Mission of the Company.
                           The Good Corporate Governance Committee has the duties and responsibilities to socialize Business Ethics
The Good Corporate
                           and Code of Conduct and receive and follow up reports of any complaints of violations of Business Ethics and
Governance Committee
                           Code of Conduct committed by Company personnel.
                           The Corporate Secretary has the duties and responsibilities as the liaising party between the Company and
The Corporate
                           the stakeholders, especially Shareholders, capital market authorities, and the public, as well as ensuring the
Secretary
                           Company’s compliance with laws and regulations, especially in the capital market sector.
                           The Internal Audit Unit has the duties and responsibilities to conduct assurance activities and provide
                           professional, independent, and objective opinions to the Board of Directors on the Company’s business
The Internal Audit Unit    activities. In addition, the Internal Audit Unit is expected to assist the Company in increasing value and
                           improving operations, through a systematic approach by evaluating and improving the effectiveness of risk
                           management, internal control, and GCG processes in the Company.
                           The Related Party Transaction Committee has the duties and responsibilities to support the implementation
                           of the duties of the Board of Directors, particularly in terms of managing the Company’s transactions
The Related Party          with affiliated parties through the provision of input and advice concerning related party transactions
Transaction Committee      conducted by the Company and its business groups, so that such related party transactions are conducted in
                           accordance with generally accepted business practices, applicable laws and regulations, and comply with fair
                           transaction principles.


COMPOSITION OF THE BOARD OF COMMISSIONERS AS OF DECEMBER 31, 2023 [GRI 2-9]

         Name                      Appointment                    Gender                 Term of Office                    Skills
Hermanto Tanoko                 President Commissioner              Male                   2021 - 2026                 Management
Mohammad Noor
                            Independent Commissioner                Male                   2021 - 2026                   Economy
Rachman Soejoeti


COMPOSITION OF THE BOARD OF DIRECTORS AS OF DECEMBER 31, 2023 [GRI 2-9]

         Name                      Appointment                    Gender                 Term of Office                    Skills
Wijono Tanoko                     President Director                Male                   2021 - 2026              Sales and Marketing
Ruslan Tanoko                   Vice President Director             Male                   2021 - 2026             Chemical Engineering
Robert Christian Tanoko                Director                     Male                   2021 - 2026             Business and Trading
Kurnia Hadi Sinanto                    Director                     Male                   2021 - 2026                  Accounting
Angelica Tanisia Jozar                 Director                    Female                  2022 - 2026                  Engineering



Diversity of the Board of Commissioners and the Board of Directors in 2023 [GRI 405-1]

                          Age                                       Male                      Female                        Total
Diversity of the Board of Commissioners
>50 Years Old                                                            2                           -                           2
30 - 50 Years Old                                                        -                           -                              -
<30 Years Old                                                            -                           -                              -
Total Members of the Board of Commissioners                              2                           -                           2
Ratio of Members of the Board of Commissioners (%)                 100.00                            -                     100.00
Diversity of the Board of Directors
>50 Years Old                                                            2                           -                           2
30 - 50 Years Old                                                        2                           1                           3
<30 Years Old                                                            -                           -                              -
Total Members of the Board of Directors                                  4                           1                           5
Ratio of Members of the Board of Directors (%)                      80.00                       20.00                      100.00




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                                                                                                 Sustainability Governance




Gradually, the Company ensures that the composition of the Board of Commissioners and the Board of Directors is not
dominated by one particular gender. The Company seeks to increase female representation through the appointment of
Mrs. Angelica Tanisia Jozar as Director, such that the proportion of female representation in the Board of Directors reached 20.00%
since 2022. This diversity is also believed to provide a new perspective in decision-making at the top management level.

Information related to the implementation of duties, authorities, and responsibilities of governance organs is further provided
in the Company’s 2023 Annual Report which was prepared independently from this Sustainability Report.


Nomination and Remuneration of the Board of Commissioners and the Board of Directors
[GRI 2-10, 2-19, 2-20]

Nomination of the Board of Commissioners and the Board of Directors is the authority of the Shareholders and is authorized
through the GMS. The policy regarding the nomination of the Board of Commissioners and the Board of Directors is based on
the Succession Policy in the Nomination Process for Members of the Board of Commissioners and the Board of Directors of the
Company which was stipulated on December 27, 2021. Likewise, the remuneration system for the Board of Commissioners and
the Board of Directors refers to the GMS resolution in which the authority may be delegated to the Board of Commissioners,
who takes into consideration the opinions and recommendations of the Nomination and Remuneration Committee. Disclosure
of more detailed information concerning nomination and remuneration, including the amount of remuneration, for members
of the Board of Commissioners and members of the Board of Directors is presented in the Company’s 2023 Annual Report,
prepared independently from this Sustainability Report.


Assessment of the Performance of the Board of Commissioners and the Board of Directors [GRI 2-18]

The policy regarding the assessment of the performance of the Board of Commissioners and the Board of Directors is
based on the Performance Assessment Policy of the Board of Commissioners and the Board of Directors of the Company
which was stipulated on December 27, 2021. Under this policy, each member of the Board of Commissioners can assess the
performance of the Board of Commissioners collegially rather than individually. Likewise, when assessing the performance of
the Board of Directors, each member of the Board of Commissioners can evaluate the performance of the Board of Directors
collegially rather than individually. Disclosure of more detailed information concerning the assessment of the performance
of the Board of Commissioners and the Board of Directors is presented in the Company’s 2023 Annual Report, which is
prepared independently from this Sustainability Report.


Manager of Social and Environmental Sustainability Aspect [GRI 2-12, 2-13] [POJK E.1]

Sustainability management that includes environmental and social aspects is part of the duties and responsibilities of the
relevant work units responsible to the Board of Directors. Currently, the Company has not established a dedicated sustainability
committee or team. However, the tasks are delegated to work units relevant to the sustainability topics.




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Competence Development related to
Sustainability [GRI 2-17] [POJK E.2]
The Company actively strives to improve the collective knowledge, skills, and experience of the Company’s personnel related
to sustainability principles through a series of competence development programs on sustainability organized by the
Company’s internal parties as well as professional and credible external parties. We believe that adequate knowledge and
skills concerning sustainability principles that are relevant to the operated business sector are fundamental in supporting the
achievement of sustainability targets that have been stipulated by the Company. Throughout 2023, competence development
programs related to sustainability aspects have been provided to 1,642 participants or 19.37% consisting of AVIA, TKTW, and
TKBI employees. The programs include 39 training themes with a total of 4,301.99 training hours. More information is shown
as follows:

                                                                                        Number of
 No.                                 Training Theme                                    Participants    Total Training Hours
                                                                                         (Person)
       5R (Concise (Ringkas), Tidy (Rapi), Clean (Resik), Neat (Rawat), and Diligent
  1.                                                                                       332                    345
       (Rajin)
  2.   8 Waste                                                                             441                    874
  3.   Artificial Intelligence (“AI”) and Sustainability in Financial Professions            1                      3
  4.   Energy Auditor Certification                                                          1                     32
  5.   Internal Auditor of Integrated Management System                                     20                    450
  6.   Fire safety equipment (APAR) Awareness                                               52                    129
  7.   ISO:14001 Awareness                                                                  24                     60
  8.   ISO:45001 Awareness                                                                  50                    100
  9.   ISO:50001 Awareness                                                                  62                 148.50
 10.   Reachstruck Awareness                                                                12                    132
 11.   CSR Community Development                                                             1                     24
       ESG Beyond Compliance: Best Practice for Advancing Sustainability in the
 12.                                                                                         1                      4
       Face of Global Complex Challenges
 13.   ILCAN Training Series on PROPER Life Cycle Assessment (“LCA”)                         1                     32
 14.   Fire Safety Certification - Level B                                                   2                    110
 15.   Fire Safety Certification - Level C                                                  13                    660
 16.   Fire Safety Certification - Level D                                                   8                    198
 17.   Biodiversity Competence                                                               1                     16
 18.   Fire Safety Management                                                                1                      3
 19.   Hazardous Waste Management                                                          275                    305
 20.   Unlocking Opportunities through Improved ESG Rating                                   2                      4
 21.   Boiler Operator Certification                                                         3                    118
 22.   Forklift Operator Certification                                                       2                     48
       Economic Empowerment and Community Capacity Building for PROPER
 23.                                                                                         1                  22.50
       Social Innovation
 24.   Certification for Person in Charge of Non-Hazardous Waste                             1                     24
       Enforcement and Monitoring of Environmental Law and Implementation
 25.   of Quality Standards for Occupational Health and Safety as an Effort to               1                     16
       Protect and Preserve the Environment
       Presentation on Good Corporate Governance & ASEAN Corporate
       Governance Scorecard (“ACGS”) and Corporate Actions (Material Transactions
 26.                                                                                         1                   7.58
       and Changes in Business Activities & Affiliated Transactions and Conflict of
       Interest Transactions)




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                                                                                          Number of
 No.                                    Training Theme                                   Participants       Total Training Hours
                                                                                           (Person)
 27.     Presentation on Non-Taxes and Sustainability Reports                                     1                   4.75
 28.     Refreshment on First Aid Kit                                                          36                          72
 29.     Safety and Handling of Petrochemical Product                                          25                   112.50
 30.     GCG Socialization                                                                     83                          83
 31.     General Safety Socialization                                                             9                         9
 32.     Sustainability Governance Socialization                                               49                          49
 33.     Socialization of ACGS Criteria and Grading                                               2                   4.66
 34.     Questionnaire Sustainability Socialization                                            93                    46.50
 35.     Socialization of Doorlock and Emergency Response of Tidar Production Site             26                          26
 36.     Sustainability in Action: Opportunities for a Better Tomorrow in Indonesia               3                         9
 37.     Environmental Talkshow (Emission Technical Approval)                                     3                         6
         The Future of Sustainability Reporting an Exclusive Forum for Regulators
 38.                                                                                              1                         2
         and Listed Companies in Indonesia
         The Value of Social Responsibility for Positive Impact on Development,
 39.                                                                                              2                        12
         Business, and Society Across Manufacturing
 Total                                                                                      1,642                 4,301.99


In addition to employee training, the Company also conducts training on sustainability for partner companies as one of the
Company’s external stakeholders, both the suppliers and the distributors. Data on the training is presented in the following
table:

                                                                                          Number of
 No.                                    Training Theme                                   Participants       Total Training Hours
                                                                                           (Person)
         Socialization of Sustainable Procurement Policy and Greenhouse Gas
  1.                                                                                         36                     1.50
         Emission Reporting Scope 3




Sustainability Risk Management [GRI 2-25] [POJK E.3]

The Company implements risk management as part of prevention, planned action, and sustainability principles. This is
implemented to reduce the impact of an event that could potentially harm or endanger the Company, including to minimize
potential risks related to sustainability. The Company’s risk management uses a risk management approach implemented
through identification, measurement, monitoring, and risk control. The Company also periodically and continuously
develops and improves the existing risk management system framework and strives to constantly improve an integrated
and comprehensive internal control system. The development of the Company’s risk management is conducted by building
the initial infrastructures, i.e., risk management policies, guidelines, and procedures which serve as guides in conducting risk
management for all risk owners, adapted to the risk appetite and tolerance of management.

The Company considers that implementing adequate risk management can provide early information about the potential
risks that affect the Company, as well as a basis or reference in determining mitigation measures to be identified in advance,
to reduce the risk’s impact. In addition, implementing risk management is also part of the Company’s efforts to protect and
create value, in order to improve performance, encourage innovations, and support the achievement of the Company’s targets.




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The purposes of implementing risk management are described as follows:




                         To protect the Company from significant levels of risks that may hinder the achievement
                         of the Company’s targets.
                                                                                                                                    1




                         To provide a consistent risk management framework for risks present in business
                         processes and functions within the Company.
                                                                                                                                    2




                         To encourage management to act proactively in reducing the risk of loss and to make
                         risk management a provenance of competitive advantage for the Company.
                                                                                                                                    3




                         To encourage prudent actions in the face of risk, as an effort to maximize company
                         value in order to achieve stipulated targets.
                                                                                                                                    4




                         To build an understanding of risk and the importance of risk management, such that it
                         may become a part of the Company’s culture.
                                                                                                                                    5




Risk Types and Mitigation Measures

The risks faced by the Company and its mitigation measures are described below:

                                              Risks related to Business and Industry
                            Indication                                                           Mitigation
                                                                 • Increasing investment in product development and being
                                                                   selective in promotional activities, advertising, and product
 We face intense competition, and failure to compete effectively
                                                                   distribution; and
 could result in loss of market share and adversely affect our
                                                                 • Setting competitive product pricing based on a combination of
 operational results.
                                                                   factors, including the Company’s ability to set its products apart
                                                                   from those of competitors.
                            Indication                                                           Mitigation
                                                                       • Ensuring that cooperation agreements with vendors are well
 We may not be able to procure an adequate and continuous supply         maintained;
 of electricity, fuel, water, equipment, and spare parts or to procure • Ensuring the availability of alternative vendors; and
 them at favorable prices.                                             • Looking for alternative energy sources, such as the use of solar
                                                                         panels, so that the electricity supply reserves are maintained.
                            Indication                                                           Mitigation
                                                                     • Improving human resource quality;
 In sustaining our business success, we are dependent on the • Paying attention to the recruitment process, development, and
 presence of certain key personnel and the success in recruiting and   career path; and
 retaining other qualified personnel.                                • Collaborating with leading universities/academies to acquire
                                                                       qualified talents.




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                                                           General Risks
                            Indication                                                          Mitigation
                                                                    Implementing and improving the Environmental Management
                                                                    System (ISO 14001) and Energy Management System (ISO 50001),
                                                                    as well as monitoring the consistency of implementation in our
                                                                    environment, for example the development of environmentally
 Regulation of greenhouse gas emissions and climate change issues   friendly products (green label), the use of renewable energy (solar
 may negatively impact our operations and markets.                  panels), the use of electric forklifts to replace diesel, as well as
                                                                    replacing solar energy for thermo and boilers with gas energy. In
                                                                    addition, programs related to environmental concerns are always
                                                                    aligned with ISO 26000, one of the guiding standards on social
                                                                    responsibility.
                            Indication                                                          Mitigation
 Labor activism, riots, and Labor Laws in Indonesia may have a      Our constant efforts to comply with all regulations related to
 materially adverse effect on our Company.                          employment to minimize the related risks.
                            Indication                                                          Mitigation
                                                                  We provide a reliable infrastructure for managing all forms of data
 The use of information technology and databases carries risks
                                                                  security risks, and keeping up with technological developments
 and threats related to data security, cybersecurity, and privacy
                                                                  by implementing an Information Security Management System
 protection.
                                                                  (ISO 27001).

More detailed information on risk profile, risk measurement, and mitigation measures is presented in the Company’s 2023
Annual Report, prepared independently from this Sustainability Report.



Overview of Implementation Effectiveness of the Risk Management System [GRI 2-18]

The implementation of risk management involves the Board of Commissioners and the Board of Directors with support
from the supporting organs. The Board of Commissioners and the Board of Directors conduct regular discussions in order
to ensure and improve the effectiveness of risk management implementation in the future, including those related to social
and environmental issues. This is done by a profit/loss evaluation mechanism concerning the previously performed plans and
actions. These evaluation steps are then followed by corrections of the weaknesses in implementing the risk management.




Building a Sustainability Culture [POJK F.1]
We continue to encourage every personnel in our Company to perform their duties and responsibilities and to make business
decisions using a sustainability approach. Therefore, we build the foundations of sustainability through a commitment to
comply with the Code of Conduct as well as thorough and continuous implementation of GCG, which includes providing a
complaint facility against violations of the norms stipulated therein. The Company also periodically conducts socialization,
awareness, and training related to sustainability to all Company personnel and other external stakeholders to provide the
latest information and ensure involvement of all parties to achieve the Company’s sustainability targets, particularly on
ESG aspects.



Code of Conduct [GRI 2-23]

We have established minimum standards of conduct for all personnel of our Company, including members of the Board
of Commissioners and members of the Board of Directors, all employees of our Company and the Subsidiaries, and other
personnel directly working for and on behalf of our Company. The policies summarized in the Company’s Business Ethics and
Code of Conduct are part of our commitment to conducting ethical business practices and meeting the aspirations of our
stakeholders. The preparation and implementation of the Company’s Business Ethics and Code of Conduct are intended to
prevent conflicts of interest, violations of norms, including acts of corruption and gratuities, as well as other social problems
that create losses to our Company and other stakeholders.




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In order to achieve this goal, we conduct regular socializations so that the obliged parties can thoroughly understand and
comply. Such socializations are conducted through internal media and through the Company’s website which may be accessed
by internal and external parties of the Company. The Company’s Business Ethics and Code of Conduct regulate several aspects
of conduct described as follows:

Principles in the Code of Conduct




             Business Ethics Standard                                           Standard Code of Conduct

             • Compliance with prevailing Laws and                              • Individual Commitment
               Regulations                                                      • Communication and Information Delivery
             • Company Ethics for Company Personnel                             • Maintaining the Confidentiality of Data,
             • Company Ethics for Consumers                                       Confidential Information, and Material
             • Company Ethics for Shareholders                                    Information of the Company
             • Company Ethics for Competitors                                   • Use of Company Technology
             • Company Ethics for Mass Media                                    • Cooperation between Company Personnel
             • Company Ethics for Business Partners                             • Equality in Treatment and Provision of
             • Responsibilities to the Government                                 Opportunities
             • Responsibilities to the Community and the                        • Compliance with Prevailing Laws and
               Environment                                                        Regulations
             • Responsibilities in Innovation                                   • Giving and Receiving of Gratuitie
                                                                                • Integrity of Financial Reporting
                                                                                • Protection of Company Assets
                                                                                • Budget Planning and Use
                                                                                • Occupational Health and Safety and
                                                                                  Environment (OHSE)
                                                                                • Conflicts of Interest



More detailed information regarding the Company’s Business Ethics and Code of Conduct can be accessed on the Company’s
website under Corporate Governance (https://en.avianbrands.com/investor/l2/kebijakan-tata-kelola/etika-usaha-dan-pedoman-
perilaku).



Anti-Corruption, Bribery, and Fraud Policy

We consider corruption to be an extraordinary crime that will have a significant negative impact on the positive image and
reputation of the Company. Therefore, we remain fully committed to improving and maintaining an anti-corruption culture in
order to prevent losses, both material and non-material. Policies regarding implementing anti-corruption in the Company’s
business environment are outlined in the Company’s Business Ethics and Code of Conduct. [GRI 3-3]

As part of our commitment to combat corruption, we have taken measures to mitigate corruption through the implementation
of work unit procedures and guidelines that must be followed by all Company personnel. In order to eliminate opportunities
for corruption, we have also mapped and assessed the risks in our business chain and operations with high potential for
corruption. In addition, we also continuously conduct training and socialization on anti-corruption to employees and all
governance organs to ensure that our operations are free from corruption, collusion, and nepotism. This commitment was
realized by signing an Integrity Pact and an induction program for new employees. All Company employees have received
socialization and signed the Integrity Pact. [GRI 205-1, 205-2]

Anti-Corruption Risk Overview
The Company has conducted an independent review on corruption and fraud risks that do not follow Good Corporate
Governance (“GCG”) principles within the Company. Based on the review of the Internal Audit Unit’s inspection activities, there
were minor risks of 0.79% out of 381 total inspection areas. The Internal Audit Unit and the management have rectified those
risks in accordance with the applicable procedures and regulations. [GRI 205-1]




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Proven Corruption Incidents and Measures Taken [GRI 205-3]
Throughout 2023, there were 3 minor alleged corruption cases, including 1 case reported through the whistleblowing system and
2 cases identified by internal audit findings. All reports and findings have been followed up by verifying the facts and resolved
by the relevant team commensurate with the degree of violation and applicable regulations in the Company.



Company Ethics for Business Partners [GRI 2-23]

We expect our partners to comply with all applicable regulations and observe fair terms in establishing business relationships
with our Company. As a guide to the implementation of this commitment, we have established ethical standards concerning
partners, which contain the following points:




             Selecting partners based on aspects of accountable credibility, competence, integrity, and bona fides.              1



             Exploring existing business opportunities in an effort to drive the Company’s growth over time.                     2


             Fostering a climate of mutual trust, respect, and togetherness, and building honest and intensive
             communication.                                                                                                      3


             Conducting an initial risk analysis and for any agreement that is outlined in a written document by
             the competent work unit.                                                                                            4



             Fulfilling rights and obligations based on agreements or covenants between parties.                                 5


             The possibility to terminate, by our Company, business relationships with partners when our interests
             are no longer being met or when the relationship is potentially harmful to the community or the                     6
             environment.


             Not influencing each other, either directly or indirectly, which may result in unfair business competitions,
             decrease in product quality, disruptions to product procurement and distribution process.                           7



             Preventing conflicts of interest of parties directly or indirectly involved in the procurement process.             8



             Striving to support the government’s efforts in assisting micro, small, and medium enterprise partners.             9




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Company Ethics for Suppliers [GRI 2-23]

We are always committed to conducting procurement processes based on the principles of competition, transparency, fairness,
prudence, and accountability. In realizing this commitment, we have established Ethical Standards concerning Suppliers, which
contain the following points:


             Supplier selection must be based on competence, integrity, performance, track record, and the
             needs of our Company, while prioritizing the interest of our Company.                                      1


             Respecting the rights and obligations of suppliers in accordance with the engagement agreement
             as well as laws and regulations.                                                                           2


             Conducting transparent, fair, prudent, and equal treatment during the procurement process until
             the rights and obligations of the parties are fulfilled.                                                   3


             Periodically evaluate suppliers’ performance and take firm actions against those violating the
             Company’s Business Ethics.                                                                                 4



             Reporting receipt of gratuities, both directly and indirectly, from suppliers.                             5


             In the event of conducting business activities/transactions with suppliers with substantial material
             value for our Company, an initial risk analysis must be performed by competent work units.                 6


             Not engaging in extortion of suppliers, either directly or indirectly, or any other similar actions that
             may defame the Company and/or potentially violate applicable regulations.                                  7



Anti-Competition Practices

The Company’s Business Ethics Policy and Code of Conduct state that the Company engages in healthy competition at all
times, relying on the excellence of the Company’s products, services, and resources. The Company always carries out its
business activities, including procuring goods and services in accordance with the principles of healthy competition, namely
in a transparent, fair, prudent, and accountable manner, and implements business competition policies in accordance
with applicable laws and regulations. Reports on issues related to anti-competition can also be submitted through
the whistleblowing system.



Whistleblowing System [GRI 2-16, 2-26]

The Company involves stakeholders in improving the quality of corporate management by providing a whistleblowing system
(“WBS”). The WBS serves as a platform for stakeholders to report any allegations of fraud or legal violations that occur and/or
are committed by the Company’s personnel. Through the WBS, we can obtain information and disclose events on matters that
may result in losses, including a decline in our Company’s image. In addition, the WBS can also provide input for us to have
a broader perspective and critical work process on weaknesses and deficiencies in internal control, so that we can plan the
necessary corrective actions.




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Our WBS mechanism is described as follows:




                                                         Indication of
                                                           Violation                                         Reporting
    Incoming                 Preliminary
                                                                                  Investigation                to the
     Report                  Inspection
                                                                                                            Management


                             No Indication of
                                Violation




   Complainants
   to be updated
    on the result                                                                                              Corrections of
       of case                                                                                              Weakness in Internal
                             Case Closed                                                                        Control and
    investigation
                                                                                                          Indisciplinary Sanctions




Reports on violation complaints may be submitted to:


                                        The Good Corporate Governance Committee
                                        Avian Brands Building
                                        Jl. Ahmad Yani No. 317                     (62) 81138505000
                                        Surabaya, 60234                            www.avianbrands.com
                                        Jawa Timur, Indonesia                      pengaduan@avianbrands.com


The WBS management is the responsibility of the Company’s Good Corporate Governance Committee. Through the Committee,
we continuously manage and follow up all forms of reporting in accordance with the prevailing laws and regulations while
maintaining independence and ensuring the confidentiality of the reporter’s identity. The Good Corporate Governance
Committee will collect data, documents, and other evidence relevant to incoming customer complaints. If the evidence is
deemed sufficient, the complaints will proceed to investigation and also be reported to the Board of Directors. However, if
the violation reports are not supported by strong evidence, they will not enter the investigation stage, the Good Corporate
Governance Committee will inform the complainant that the complaint cannot be processed further.

Throughout 2023, we received 5 complaint reports through WBS consisting of 1 fraud report, 2 major reports, 1 minor report,
and 1 no issue report. All of these reports have been followed up by the relevant teams and resolved in accordance with the
degree of violation and applicable regulations in the Company.



Conflicts of Interest Guidelines [GRI 2-11, 2-15]

As part of our commitment to creating good corporate governance, maintaining harmonious and aligned relationships with
all stakeholders, and increasing the value of our Company in a sustainable manner, we are always firm and fair in dealing
with conflicts of interest in our Company. Additionally, we ensure no relationships between the Board of Commissioners,
the Board of Directors, and Shareholders could lead to conflicts of interest. In this regard, we have implemented the Conflicts
of Interest Guidelines based on the prevailing laws and regulations, the GCG Guidelines, and the Business Ethics and Code
of Conduct, as well as the Corporate Culture applicable and implemented in our Company. Throughout 2023, there was
nothing to indicate any conflicts of interest in any decisions and policies made by our Company.




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More information on the Conflicts of Interest Guidelines can be accessed on the Company’s website under the Corporate
Governance section (https://en.avianbrands.com/investor/l2/kebijakan-tata-kelola/pedoman-benturan-kepentingan).



Communication Policy Guidelines

We have stipulated the Communication Policy Guidelines as a guide in communicating with the Shareholders, the Capital
Market Authority, and the capital market community. Through this policy we continue to strive to provide complete, accurate,
actual, non-misleading, and easily accessible information in accordance with the provisions of the legislation, as well as to
conduct fair treatment of Shareholders in relation to the exercise of their rights as our Shareholders.

More information on the Communication Policy Guidelines can be accessed on the Company’s website under Corporate
Governance section (https://en.avianbrands.com/investor/l2/kebijakan-tata-kelola/kebijakan-komunikasi).




Compliance with Prevailing Laws and
Regulations [GRI 2-27]
We require the Board of Commissioners, the Board of Directors, Company officers, employees, and related parties to act with
responsibility, integrity, trust, respect, and loyalty, and comply with applicable legal obligations. Our commitment is reflected
by the absence of fines and other significant legal sanctions during the reporting period, both from authorized institutions and
from the Financial Services Authority and the Indonesia Stock Exchange.



Non-Compliance Incidents Relating to Health and Safety Impacts of Products and Services [GRI 416-2]

Throughout 2023, the Company has conducted identification and found no non-compliance with the laws and/or voluntary
regulations concerning the health and safety impacts of products. Each of the Company’s products is equipped with a
Safety Data Sheet (“SDS”) and safety, health and environmental information in accordance with the Globally Harmonized
System (“GHS”).




Political Contributions [GRI 415-1]
We constantly prioritize business management with integrity, independence, and freedom from biased orientation towards
certain parties, particularly political parties. Direct or indirect contributions to political causes may potentially present
corruption risks, given that they can be used to exert inappropriate influence on the political process. We have a policy to
ensure the Company’s neutrality towards any political interests and groups. Thus, our Company is not involved, materially or
immaterially, in the interests of any political parties or politicians from any political parties. This commitment is outlined in the
Company’s Sustainability Policy. [GRI 3-3]




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2023 Sustainability Report - PT Avia Avian Tbk    69
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Healthy
Economic
Growth




“We continue to strive
to develop our business fundamentals
through various research and development
programs for environmentally friendly
paint products that provide added
value to the needs of the community.
This commitment is not only aimed at
maintaining the Company’s business
resilience, but also serves as a motivation to
provide benefits to Shareholders and
all other stakeholders.”




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OUR ACHIEVEMENTS                                                                        [GRI 3-3]




    Local suppliers’
                                                                                                                          Our distribution
    involvement in
                                                                                                                       process is supported
    our operations                                                  29                                                 by 118 wholly-owned
      amounts to
                                  89.38      %              of our products are               81.47%                    distribution centers,
   219 companies                of our employees
                                                           eco-friendly and have            of our product               14 wholly-owned
            or                                              been certified with               portfolio is               mini-distribution
                                are local workers.
                                                              the Singapore                  water-based.
      77.94%                                                   Green Label.
                                                                                                                            centers, and
                                                                                                                          40 independent
   of the Company’s
                                                                                                                        distribution centers.
    total suppliers.




Economic Performance Management
Strategy
Economic performance is the main key to ensuring the success of our sustainability programs. Accordingly, we must be flexible
and agile in adapting to existing changes, both in production and sales, to maintain our competitive advantage and business
resilience. Regarding production, we currently have 2 manufacturing facilities in Serang and Sidoarjo with a manufacturing
capacity of 286,416 metric tons of paint per year. As for sales, we have a widespread marketing and distribution network
throughout the Indonesian archipelago to facilitate easy reach for our customers. By the end of 2023, we had 118 wholly-owned
distribution centers, 14 wholly-owned mini distribution centers, 40 independent distribution centers, and had cooperated with
more than 56,800 building stores. The scope of the Company’s market is supported by the active developments transpiring in
Indonesia considering that our decorative paint products are needed for architectural applications, to make walls or building
structures smoother and look perfect as well as to provide aesthetics and protect from damage due to mold and mildew, so
that the properties owned are more comfortable to view and live in. More detailed information related to the business strategy
adopted by the Company in 2023 is described as follows: [GRI 3-3]

SUSTAINABLE PRODUCT MANAGEMENT STRATEGY

        1         Improving quality, competitive, and environmentally friendly products with efficient production costs.

                  Improving service quality, ensuring timely product delivery, meeting customer demands, and providing added value
        2
                  for customers.

        3         Providing socialization of information related to the safety and security of product applications.


Effective implementation of the Company’s business strategy related to economic performance management is also periodically
evaluated based on tiered Key Performance Indicators (“KPIs”) that have been established for the Company’s management.
This ensures that the Company’s predetermined targets and objectives can be optimally achieved. [GRI 3-3]




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                                                                                                    Healthy Economic Growth




Supply Chain [GRI 2-6]
The Company is the largest paint and decorative coating company, vertically integrated from research and development,
manufacturing of some key raw materials, manufacturing of some packaging, manufacturing of paint products,
filling-packing-storing, to marketing and product distribution. Most raw materials and auxiliary materials, such as resins, pigments
and additives used to manufacture paint products are obtained from internal processes, with the rest procured from suppliers.
Therefore, good supply chain management is important for the sustainability of the Company’s business. In pursuit of this, we
always maintain good working relationships with suppliers by applying the principles of transparency and responsibility. We
continue to ensure that raw material supply is maintained at an optimal level to meet market demand and manufacturing targets.

The Company’s supply chain in paint manufacture is described as follows:

THE COMPANY’S SUPPLY CHAIN

                  Process Planning and Inventory Control
                   (“PPIC”) provides informations on of
                        raw material requirements.


                  Material purchase transactions process
                                                                                 Overseas suppliers receive purchase orders
                  based on PPIC requirements by taking
                                                                                   and make shipments to Jakarta Port or
                   into account quality standards and
                                                                                              Surabaya Port.
                            competitive prices.




    Local suppliers of raw                    Local suppliers of packagings
                                                                                              Surabaya Port/
  materials receive purchase                   receive purchase orders and
                                                                                               Jakarta Port.
 orders and make shipments.                         makes shipments.



                                                                                                            Receipts of materials from
                        Raw material and packaging                                                        the warehouse to be processed
                               warehouse.                                                                  into intermediate products/
                                                                                                                 finished products.


                        Conducting inspections on
                        the compliance of materials
                           to quality standards.



The purchasing process starts from the Process Planning and Inventory Control (“PPIC”) followed by a centralized purchasing
process to ensure the quality and price conformity of materials from suppliers. Any material purchased and shipped must go
through the Incoming Quality Control process to ensure that the purchased goods meet the stipulated quality standards and
safety requirements and then be utilized in the manufacturing process. The required raw materials are procured by the Company
through suppliers from abroad (international suppliers) and suppliers from Indonesian regions (local suppliers).

The involvement of international suppliers in the procurement of raw materials amounted to 62 companies or 22.06% of our
total suppliers. One of the challenges of sourcing raw materials from international suppliers is the fluctuations in exchange rates
as well as shipping issues that could lead to untimely delivery. In managing these challenges, the Company constantly monitors
the movement of foreign currencies, especially the US Dollar, as well as oversees the process of shipping raw materials from the
country of origin. The Company is also constantly disciplined in making payments in foreign currencies to avoid the effects of
speculation. Additionally, we also conduct limited hedging (forward contracts).

By involving local suppliers to provide raw materials for manufacturing, the Company’s presence can positively impact local
communities’ economic and social growth. This is reflected in the involvement of local suppliers in the procurement of raw
materials, which amounted to 219 companies or 77.94% of our total suppliers. Information related to the Company’s supplier
engagement is described as follows: [GRI 203-2]




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Proportion of Procurement from Local Suppliers and Transaction [GRI 2-6]

                     Description                            Unit              2023**             2022**             2021*


 Total Local Suppliers                               Number of Company           219                209                231


 Total Suppliers                                     Number of Company           281                275                307


 Percentage of Procurement from Local Suppliers              %                  77.94              76.00             75.24

Notes:
* The Company and TKTW; and
** The Company, TKTW, and TKBI.




Sustainable Procurement Practices

In addition to considering product quality and supply chain management, the Company also selects suppliers by taking
into consideration the commitment of these suppliers to fair labor practices and in accordance with applicable laws and
regulations, such as prohibiting the employment of underaged individuals, providing employees’ rights in accordance with
applicable regulations, and no recruitment fee practices. Supplier audits have also incorporated aspects of environmental
management, particularly regarding the management and utilization of Hazardous Waste and material usage. To ensure that
this commitment is implemented properly, the Company periodically conducts random audits of suppliers with whom it has
established cooperation. [GRI 3-3, 408-1, 409-1, 414-1]

In line with our sustainability mission, the Company has conducted an assessment of 20% of key suppliers contributing to
80% of the total purchase value. Based on the assessment, we found that 27 local raw material suppliers implemented 62.43%
of the sustainability aspects, 16 imported raw material suppliers implemented 86.43% of the sustainability aspects, and 16
packaging material suppliers implemented 67.86% of the sustainability aspects. In addition, the Company also conducted
audits of Hazardous Waste service vendors and ensured that all vendors complied with and implemented the procedures
in accordance with the prevailing laws and regulations. In 2023, we also conducted audits of 3 labor suppliers. Based on the
audit results, no underage labor violations were found and all our labor suppliers have complied with the provisions of the
Indonesian Labor Law. [GRI 3-3, 308-1, 414-2]

As an effort to implement sustainable procurement practices in accordance with the Fourth Pillar of the Sustainability Policy,
the Company engages supplier companies through various approaches. In addition to engaging suppliers in stakeholder
surveys on sustainability materiality topics, the Company has also conducted socialization and training on scope 3 Greenhouse
Gas (“GHG”) emissions reporting.




Served Market [GRI 2-6]

                           Network      Geographical Location where the Product/Service is Offered

                         Description

                   The geographical locations where the Company’s and Subsidiaries’ products/services are offered are spread
                   throughout the Indonesian territory. In the domestic market, we continue to be the market leader in decorative
                   paints with a market share of more than 20.00%.




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                                   Network          Served Sectors

                              Description

                         Sectors served by the Company and its Subsidiaries are mainly retail customers in the form of building material
                         stores, both conventional stores and Modern Trade Outlets, as well as a small portion of various building,
                         infrastructure and construction projects. We also serve business-to-business customers, such as banking
                         networks and retail store networks.


                                   Network          Types of Customers and Beneficiaries

                              Description

                         The types of customers and beneficiaries of the business sectors run by the Company and its Subsidiaries
                         are the general public, ranging from the lower, middle and upper classes. We also provide supplies for the
                         corporate segment spread across several regions.




Achievement of Operational and Financial
Performance Targets
Amidst the business challenges of the national paint industry, we strive to achieve economic performance growth to sustain
direct economic benefits to our Shareholders and other stakeholders. To realize this, we are focusing on building solid
business fundamentals, improving competitiveness and competitive advantages, adding product variants, expanding
distribution networks, and realizing more aggressive marketing programs. The management of operational and financial
performance is the collective responsibility of the Board of Directors such that its achievements will be evaluated jointly by
the Board of Directors and the Board of Commissioners. [GRI 3-3]

In 2023, the Company successfully realized paint manufacturing of 180,540 metric tons or 99.61% of the target. Of this
amount, the Company successfully recorded a net revenue of IDR7,016.88 billion or 98.89% of the target and a net profit of
IDR1,643.10 billion or 102.03% of the target. Further information on the comparison of targets and realizations over the last
3 years is described as follows:

Achievement of Operational and Financial Performance Targets [POJK F.2]

                                                       2023                                   2022                                2021
             Description                                       Achievement                             Achievement                          Achievement
                                      Realization     Target               Realization       Target                Realization   Target
                                                                   (%)                                     (%)                                  (%)

     Manufacturing (Metric Tons)         180,540     181,245        99.61         170,986    230,025        74.33      205,382   202,268       101.54
     Net Revenue (Million Rupiah)      7,016,882 7,095,8211)        98.89       6,694,171 7,593,202         88.16     6,779,643 6,877,500       98.58
     Net Profit (Million Rupiah)       1,643,096 1,610,420        102.03        1,400,365 1,651,521         84.79     1,434,551 1,409,885      101.75

1)
     In the third quarter of 2023, the Company announced an adjustment to its 2023 net revenue target to ± 6.00%.


Comparison of Portfolio Targets and Performance, Financing Targets, or Investments in
Financial Instruments or Projects that are Aligned with Sustainable Finance [POJK F.3]

As of the end of 2023, the Company does not have or conduct investment programs in financial instruments or sustainable
projects, thus there is no information on the comparison of portfolio targets and performance, financing targets, or investments
in financial instruments or projects that are aligned with sustainable finance.




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Distribution of Economic Performance
The Company’s operational and financial performance achievement is a significant factor in the distribution of economic value
provided to stakeholders, whether in the form of employee salary payments, tax and non-tax remittances to the government,
dividends to Shareholders, purchases to suppliers, as well as the realization of funds for social and environmental responsibility
programs. Information regarding the Company’s economic distribution value over the last 3 years is described as follows:

TABLE OF ECONOMIC VALUE DISTRIBUTION IN 2021 - 2023 [GRI 201-1]
                                                                                              (in million Rupiah, unless stated otherwise)

                                      Description                                      2023              2022               2021

 Direct Economic Value Generated

 Cash Received from Customers                                                        6,850,984         6,781,888           6,617,183

 Other Receipts                                                                         12,664             11,601             16,620

 Receipts from Interest Income                                                         308,589           302,422              26,728

 Proceeds from Disposal of Fixed Assets                                                 14,094             16,398             11,649

 Total Direct Economic Value Generated                                               7,186,331        7,112,309           6,672,180

 Distributed Economic Value

 Payments to Suppliers                                                               4,397,297         4,598,330           4,371,356

 Payments to Employees                                                                 707,405           659,079             590,549

 Payment for Corporate Income Tax                                                      482,000           377,003             426,627

 Dividend Payment to Shareholders                                                    1,362,978         1,115,164           2,350,001

 Acquisition of Right-of-Use Assets                                                     14,289             66,285             42,335

 Payment of Lease Liabilities                                                           58,836             25,374             35,575

 Payment of Interest Expense                                                              4,077             6,463             37,102

 Expenses for the Community                                                               2,881             1,978               1,923

 Environmental Expenses                                                                   1,059             1,524               1,257

 OHS Investment Expenses                                                                    886               841               4,399

 Total Distributed Economic Value                                                    7,031,708        6,852,041           7,861,124

 Retained Economic Value                                                               154,623          260,268         (1,188,944)



Financial Implications and Other Risks and Opportunities Caused by Climate Change [GRI 201-2]

Climate change and global warming are global issues that demand collective attention from the global community. Without
a commitment to act and address these issues collectively, the negative impacts of global warming and climate change will
continue to intensify for the Earth and all living beings on it. The current impacts include extreme weather conditions, higher
temperatures, and heavier rainfall in increasingly unpredictable timing. Conversely, the dry season lasts longer than usual,
causing droughts and other problems. It is undeniable that climate change not only causes environmental disasters but also
has a negative impact on human life and other living beings, including the development of the business world.




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Despite its relatively small significance, climate change risk may negatively impact the Company’s operational activities,
particularly related to the product distribution process. The unpredictability of weather conditions due to climate change
could potentially delay the Company’s products reaching distribution networks on outer islands. Consequently, we remain
attentive and vigilant to prevent the impacts of climate change from affecting the Company’s operations. As part of our
commitment to mitigate climate change, we have also conducted emission reduction programs that can be found in the
Responsible Environmental Management section of this Sustainability Report.



Financial Assistance Received from the Government [GRI 201-4]

Throughout 2023, no financial assistance was received by the Company in any form any government for any operations. In
addition, there was no government involvement in any form in the Company’s shareholding structure.



Contribution to the Government [GRI 207-1]

Taxes serve as the main source of income for the state’s finances, generated by collecting monies from each taxpayer into the
state treasury. The state utilizes taxes for various purposes, including infrastructure, education, health, economy, and so on.
From taxes, taxpayers enjoy the benefits of infrastructure development, subsidies, or services from various public facilities.
We understand that taxes are essential instruments in achieving the Sustainable Development Goals, and the Company is
committed to assisting governments, both at the national and local levels, through tax contributions to be utilized for the
achievement of the Sustainable Development Goals. [GRI 3-3]

In order to make an optimal contribution to the government, we are committed to carrying out tax payment obligations in
accordance with applicable tax regulations in Indonesia. In this regard, the Company already has a Taxation Unit under the
Finance Director that ensures the Company complies with tax payments in line with its operational activities. The Company
engages a tax consultant as a discussion partner to ensure that it remains informed of existing regulations and applies the
regulations properly. The Company also verifies tax compliance through an audit process conducted by internal and external
auditors. In the event of a violation or unethical conduct related to taxation, the Company has a violation reporting mechanism
in place. [GRI 207-2]

Tax-related Stakeholder Engagement [GRI 207-3]
The Company continuously consults and/or discusses with tax authorities in order to receive input, validate understanding,
and ensure that the Company’s tax practices are in accordance with the prevailing laws and regulations.

Tax Reporting [GRI 207-4]
In relation to tax reporting, the Company only operates in Indonesia and has no overseas branches or operational offices.
Therefore, tax reporting is only done for Indonesia. The taxes paid by the Company for the last 3 years are described as follows:

                                                                                             (in million Rupiah, unless stated otherwise)

                         Description                               2023                    2022                       2021

 Income Tax                                                        696,167                 548,133                    843,043

 Land and Building Tax                                               2,015                   1,935                       1,842

 Value Added Tax                                                   382,045                 323,882                    272,794

 Total Tax Payments                                              1,080,227                873,950                  1,117,679




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Indirect Economic Contribution
In addition to making direct economic contributions through the distributed economic value, we are also fully committed
to providing indirect economic benefits to our stakeholders. Indirect economic contributions are made by involving various
parties, especially the surrounding community, in operational activities through the empowerment of local labor and local
suppliers. The Company provides employment opportunities to the communities around its operational areas and engages
local suppliers that meet predetermined specifications and requirements. This is intended so that the Company’s presence can
assist the government in encouraging equitable distribution of the people’s economy. [GRI 3-3]



Local Labor Empowerment in the Company’s Business [GRI 203-2, 413-1] [POJK F.23]

Local communities are one of the Company’s stakeholders and an integral part of the Company as a social entity.
Their presence also positively impacts the sustainability of the Company’s business. Through the development of the
surrounding communities, the Company can help them build a prosperous and sustainable future.

We are committed to continually supporting the social and economic growth of the surrounding community by providing
employment opportunities to local communities, while considering the terms and criteria for hiring employees. Information
regarding the involvement of local labor in our operational activities is described as follows:

PROPORTION OF LOCAL LABOR INVOLVEMENT

                       Description                        Unit            2023**            2022**             2021*
 Total Local Employees***                                 Orang            7,577              7,231             6,739
 Total Employees                                          Orang            8,477              8,076             7,724
 Percentage of Local Employees***                           %              89.38              89.54             87.25

Notes:
* The Company and TKTW;
** The Company, TKTW, and TKBI; and
*** Data for 2021 and 2022 are restated.




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Sustainable Product Responsibility
The Company is highly committed to providing safe, high-quality and environmentally friendly products and services. In
realizing this commitment, we constantly ensure that the quality of manufactured products is in line with the national
and international standards and certifications that the Company holds. We continue to prioritize these efforts in order to
strengthen competitiveness and expand the Company’s market share. [GRI 3-3]



Commitment to Providing Equal Products and Services [POJK F.17]

The products and services we provide are equal, in accordance with applicable mechanisms and procedures. Every level of
society may enjoy the products and services we provide with economical price offerings and premium products. To ensure
product quality, we hold several certifications based on international standards, namely the Green Label Certificate from
Singapore Green Label, as well as national standards, i.e., the Indonesian National Standard (Standar Nasional Indonesia or
“SNI”).



Health and Safety of Products and Services [GRI 416-1] [POJK F.27]

The Company prioritizes the fulfillment of responsibility for quality and safety in the operational process and the use of the
manufactured products. We implement product stewardship as a form of responsibility and to create better business value.
In an effort to ensure customer safety and enhance product value, we are gradually transforming our paint products to be
more environmentally friendly. 81.47% of our product portfolio is water-based, which was calculated from all paint products
based on volume, excluding instant cement (mortar). In addition, 50.70% of the total raw materials used were sourced
from renewable materials.

We also implement an integrated system in every stage of manufacturing allowing us to ensure the supply/availability of
raw materials and packaging, margin/cost optimization, and quality of the manufactured products. Product safety control
begins with product development by the Research, Development & Innovation (“RDI”) Laboratory to determine product
characteristics, raw materials selection, and selection of appropriate manufacturing processes. In this process, the purchasing
department first examines the profile of material suppliers to ensure their ability to provide quality products and services, this
includes the suppliers’ manufacturing locations in order to gain an understanding of their energy management systems as well
as transportation to consider material prices and shipping costs. In any purchase of raw materials and packaging materials, the
quality of the material received will be corroborated with the requirements, including by requiring Safety Data Sheet (“SDS”),
Certificate of Analysis (“CoA”), and Technical Data Sheet (“TDS”) for every type of material. In addition, we review the material
specifications (to ascertain its environmental-friendliness).

As of the end of 2023, 29 of the Company’s paint products are certified with the Singapore Green Label, which reflects our form
of responsibility for products that are low in Volatile Organic Compound (“VOC”) and free of heavy metals. In line with this, we
adopt the Global Harmonized System (“GHS”) for the classification and labeling of chemicals on all of our products. The GHS
was implemented as a system to provide a standardized approach for hazard classification, labeling, and safety signage for
employees and consumers.

Additionally, we evaluate the products that have been manufactured in order to ensure their safety. In 2023, the evaluation was
conducted on 29 products or 20.87% of the total products manufactured by AVIA.

Our commitment to prioritizing customer health and safety positively impacts the sustainability of the Company’s business.
Nationally, in addition to the Company being recognized as the number one domestic paint manufacturer in Indonesia, we are
also the first paint company to meet the Indonesian National Standard (Standar Nasional Indonesia or “SNI”) certification on the
quality management system. With these breakthroughs, the Company also provides consumers with more diverse choices of
high-quality paint products that comply with government standards. By the end of 2023, 7 of our products are SNI-certified,
i.e. Sunguard, Aquamatt, Aries Gold, Avitex, Everglo, Supersilk, and No Odor.




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To reduce our exposure to heavy metals, we gradually reduce the use of such materials in our products. All water-based
products we manufacture are free of heavy metals and in 2023 we added 5 more solvent-based products free of heavy metals,
i.e. Boyo Politur Melamine, Boyo Politur Vernis, Belmas Papantulis Hitam, Wood Eco Politur P01, and Wood Eco Politur P03.



Impact of Products and Services [POJK F.28]

As a manufacturer of chemical products, we recognize that our products may produce some possible health side effects
during application or during the period when one is indoors. Therefore, we continue to fulfill the need for safe and quality
products with added value to the preservation of nature, as well as the health of our customers. Through the RDI Division,
in addition to maintaining quality and innovating products, we also pay attention to and minimize the impact of the
products and services produced. We constantly emphasize this effort to ensure that each of our operational activities
complies with the applicable standard procedures or regulations.

In paint manufacturing, the transition from batch to batch requires washing tanks and mixers, so as much as 100 liter
of water may be wasted. The Manufacturing Department, in collaboration with the RDI Division, ensures that the water
can be reused for the manufacturing processes of certain products without compromising the quality of the products.
In addition, we, together with the vendor, are also developing software to accelerate coloring processes even with such
reused water. Furthermore, we also utilize slow-moving materials and strive to reduce the weight of packaging or boxes in
order to minimize waste for customers using our products.



Labeling and Information of Products and Services

We highly value our customer’s right to receive accurate and clear information about the products they intend to buy. The
information may include specifications, product advantages, application techniques, and waste disposal. To ensure the
fulfillment of this right, we provide clear, complete, and easily understandable information on all of the Company’s product
packaging. This is intended so that customers can use the product correctly and safely to avoid negative impacts on the
customers and the environment. Product labeling is also intended to ensure that our products reach the right market segments.
[GRI 3-3]

In addition to product packaging, customers can also obtain comprehensive information about our products through the
following social media platforms:




                                                                 www.avianbrands.com




    Instagram                  Youtube                  Facebook                   TikTok                  LinkedIn

   @avianbrands              Avian Brands              Avian Brands             avian.brands              Avian Brands


The inclusion of product information, often referred to as labeling, is implemented by the Company in accordance with
Government Regulation of the Republic of Indonesia No. 29 of 2021 on the Organization of the Trade Sector and Minister of
Trade Regulation of the Republic of Indonesia No. 25 of 2021 on the Stipulation of Goods Required to Use or Provide Labels in
Indonesian Language. [GRI 417-1]




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In line with the commitment to provide clear product information, the Company also implements fair and responsible marketing
practices to customers by conveying information in a clear, correct, and truthful manner. We will not conduct promotion and
marketing by exaggerating or covering up flaws to take advantage of customers’ unawareness. The Company’s promotion and
marketing methods are categorized into 2 approaches, i.e. marketing with loyalty programs (below-the-line marketing or “BTL”)
and marketing in the media advertising (above-the-line marketing or “ATL”) which focuses on the use of mass media to reach
a wide target audience. Moreover, we also involve several public figures as Brand Ambassadors of the Company’s products.

The Company’s consistent efforts in delivering product information, marketing, and promotion have yielded positive results
in the absence of reports and complaints on incidents of non-compliance related to product information and marketing
communications, including promotional and sponsorship activities conducted by the Company during the reporting year.
[GRI 417-2, 417-3]



Product Innovation and Development [POJK F.26]

We are committed to continuously innovating in order to respond to social and environmental challenges by producing
in-demand quality products. These commitments are supported by the RDI Division which continues to optimize the Company’s
formula to improve product performance and quality with more effective and efficient manufacturing processes, especially in
using materials and packaging. With its competencies and abilities, the Company’s RDI Division is able to produce dozens
of new innovative products every year. In 2023, the RDI Division has successfully developed 43 new products, consisting of
9 resins, 23 finished products, and 11 packaging.

The Company’s product development is also aimed at transitioning from petrochemical-based products to water-based
and bio-based paint product variants as well as biomass balance products that are more environmentally friendly.
Water-based paint technology can reduce the use of Volatile Organic Compound (“VOC”) materials so that they do not cause
health problems to humans, especially when applied indoors.

Some products we successfully developed based on sustainability concepts and launched in 2023 are described as follows:



                     Brilliant Interior
                     Acrylic-based interior wall paint can beautify the walls of the house with a range of Indonesia’s favorite
                     colors. This product uses mercury-free and lead-free materials so that it does not have a negative impact
                     on the environment.




                     Brilliant Eksterior
                     Exterior wall paint provides maximum and total protection to the exterior walls of the house against
                     mold, mildew, and stains. This product uses mercury-free and lead-free materials so that it does not have
                     a negative impact on the environment.




                     Avitex Alkali Resisting Primer
                     High-quality primers that contain acrylic emulsion which is resistant to alkaline salts and efflorescence,
                     as well as improve the paint’s adhesion to the wall. This product is water-based so that it does not have
                     a negative impact on the environment.




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                     No Drop Basic
                     Waterproof coating with waterproof technology to protect exterior and interior walls from mold and
                     mildew. This product is also resistant to alkaline salts and efflorescence.




                     Avitex Wizz
                     The economical product that addresses the market needs for high dilution without affecting sealing
                     power. This product can be diluted up to 40% compared to other class products that can only be diluted
                     up to 20%.



Green Label Certificate
One manifestation of the Company’s commitment to producing environmentally friendly products is by registering its products
with the Green Label Certificate from Singapore Green Label. We have also considered that, gradually, our entire product
portfolio will comply with Low VOC, APEO Free, and Heavy Metal Free standards in the future. The Green Label certification
process is performed strictly, not only based on environmentally friendly requirements for end users, but also based on product
life cycle analysis. Environmentally friendly characteristics are determined starting from the selection of raw materials, the
manufacturing process, to labeling. As of the end of 2023, 29 of the Company’s products have complied with the Singapore
Green Label certification, which also adds to the list of certified environmentally friendly products owned by the Company.

Revenue from Sustainable Products
The Company’s commitment to continuously innovate towards environmentally friendly products has contributed positively
to revenue generation. In 2023, the proportion of revenue generated from products with a Green Label Certificate accounted
for 11.43% of total paint sales in the architectural solutions operation segment. This represents an increase compared to the
previous year, which accounted for 5.98% of total paint sales in the architectural solutions operation segment.

Sustainable Production Process
In addition to developing environmentally friendly products, the Company also continues to develop responsible and
sustainable production patterns. Therefore, we also continuously look for ways to improve production processes that can lower
energy usage levels. For instance, we have successfully reduced the production cycle time by approximately 20% in the resin
plant from 12 hours to 8 - 10 hours. In addition, we also managed to increase the capacity of the packing process from 40 cpm
to 90 cpm and the cartooning process from 114 sheets/manhours to 305 sheets/manhours.

In terms of energy saving, we divided the compressors through a zoning and looping system, reducing the energy consumption
ratio from 33.11 kWh/ton to 23.67 kWh/ton. In addition, we also carry out regular grinding machine maintenance so that the
grinding process becomes more efficient and increases productivity, which varies in each paste with an average increase of
25.00% - 100.00%.

Additionally, we have switched to lighter and stronger packaging materials and reduced the use of cardboard and plastic
packaging to minimize the cost and amount of waste generated. Through this program, we were able to reduce packaging
waste by 205.81 tons which saved us IDR1.3 billion in costs.

Flagship Product in Sustainability


                     No Drop Anti Panas
                     No Drop Anti Panas is a powerful waterproofing paint that is able to lower room temperature by up
                     to 7° Celsius, thanks to its UV Shield technology. Its waterproof feature prevents damp walls, is elastic,
                     anti-mold and mildew, prevents rust, and protects the surface for up to 10 years. With its ability to lower
                     room temperature, No Drop Anti Panas has been the Company’s flagship product in sustainability since
                     2022, as it contributes to reducing energy consumption from air conditioning use. This product is also
                     environmentally friendly as it holds Singapore Green Label certification.




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Number of Recalled Products [POJK F.29]

In 2023, all of the Company’s products were well absorbed in the market and there were no product recalls related to products’
nonconformities or other reasons.


Customer Satisfaction [POJK F.30]

We conduct customer satisfaction surveys every 6 months to understand customer preferences and ensure customer
satisfaction with the products and services provided. The responses collected from the customer satisfaction survey will then
be taken into consideration for us to improve the quality of products and services in the future. [GRI 3-3]

In the customer satisfaction survey conducted in semester 1 of 2023, the Company received a score of 3.31 on a scale of 4.00,
which means that the Company’s performance was in the good category. Meanwhile, the customer satisfaction survey in
the second semester of 2023 showed an indicator of improvement with a score of 3.40 on a scale of 4.00, which means
that the Company’s performance was in a good category. The survey results indicate that customers are satisfied with the
products and services provided by the Company. The positive scores we received motivate us to remain committed to
maintaining and improving customer satisfaction by developing the best products and services accompanied by continuous
improvement efforts.


Information Safety

As with other business processes, customer trust is a constant concern for the Company. Accordingly, we continue to work
towards increasing customer confidence in using the Company’s products and services over the years. One of the strategic
policies we have implemented is to maintain and protect the confidentiality of customer data and information, ensuring it does
not become accessible to the public and is not lost. In addition, the data and information management that we implement has
also been certified with ISO/IEC 27001: 2013 concerning Information Security Management Systems. [GRI 3-3]

Our commitment to maintaining the security of stakeholder information is implemented by ensuring the anonymity of the
respondents. In addition, whenever the Company requires data from external stakeholders, the Company guarantees the
confidentiality of data from such stakeholders.

The Company’s commitment to safeguarding customer data and information has resulted in the absence of complaints
regarding privacy violations, leakage, theft, or loss of customer data and information. Furthermore, the Company has
not received any complaints from regulators or other external parties regarding breaches of customer-related data and
information. [GRI 418-1]


Complaints of Customer Issues [GRI 2-25]

We provide a facility for the customers to submit complaints concerning the products and services they receive through
the Company’s website www.avianbrands.com under the Customer Care menu Complaints submitted can be in the form
of complaints about delivery or quality of products and packaging All complaints received will be managed and followed
up by the Quality Assurance Department. On the Company’s website, a space is provided for 2-way discussions through
written and photo media.

During the last 3 years, we have not received any material and significant complaints from customers regarding the products
and/or services provided. [GRI 2-16]




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Responsible
Environmental
Management




“The Company is highly committed
and consistent in implementing responsible
environmental approaches in all of
its operational activities, in supporting the
sustainability of the surrounding
environment and future livelihood.”




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OUR ACHIEVEMENT                                                                [GRI 3-3]




                                                         Scope 1 and 2              Effluent discharge
                                                        greenhouse gas                from the Water          5,000 trees were
      The ratio of            Renewable energy         emissions produced          Treatment Plant and            planted by
  renewable material        usage in 2023 reached       in 2023 reached             Sewage Treatment            the Company
      usage in the                                                                                           in 2023, the same
  2023 manufacturing          1,814.71 GJ,               11,317.42                   Plant processes
                                                                                     in 2023 reached           number as the
  process increased to                                      TonCO2e,                                           previous year.
                                an increase of
                                                          a decrease of             3.83 megaliters,
     50.70       %
                                100.12%
                                                                                                           To date, the Company

      compared to                                           0.79   %                  a decrease of              has planted
                                compared to               compared to                   7.49   %            10,000 trees with a
     45.23     %
                              906.82 GJ                                                                          total carbon
  in the previous year.                                11,408.00                      compared to
                                                                                                              sequestration of
                             in the previous year.           TonCO2e                4.14     megaliters      765,100 kgCO2e.
                                                       in the previous year.       in the previous year.




           1                         2                         3                           4                       5


Environmental Impact Management
Strategy
Environmental degradation is one of the most significant issues facing the global community, including Indonesia. It has
become an increasingly prominent topic of discussion, particularly with the growing frequency of hydrometeorological
disasters, those caused by meteorological parameters such as rainfall, humidity, temperature, and wind. Types of disasters
in this category include droughts, floods, storms, wildfires, el nino, la nina, landslides, and several other disasters. Some
experts suggest that hydrometeorological disasters are driven by climate change, triggered by various human activities
such as extensive exploitation of natural resources, deforestation, intensification of industrialization which leads to increased
Greenhouse Gas (“GHG”) emissions, and so on. [GRI 3-3]

Reflecting on the resulting impacts, all stakeholders’ commitment to preserving environmental sustainability becomes crucial.
As a business entity, we are committed to reducing the environmental impacts of our operations, and responding to climate
change by protecting vital ecosystems that support life on earth for long-term survival and business viability. We always pay
attention to environmental protection and sustainability in any operational activity in accordance with applicable laws and
regulations. We also create innovations and developments in providing various environmentally friendly products. [GRI 3-3]




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Environmental Management

The Company’s manufacturing activities and product distribution processes have both direct and indirect impacts on the
surrounding environment. Such environmental impacts result from the use and management of natural resources that produce
environmental emissions. Therefore, we continue to make resource efficiency efforts while gradually starting to use renewable
energy sources as alternatives. Environmental impact management is the responsibility of the Environmental Management
Committee. More detailed information about the Company’s environmental impact management structure is described
as follows:

      ORGANIZATIONAL STRUCTURE OF THE ENVIRONMENTAL MANAGEMENT COMMITTEE

                                                               COMMITTEE CHAIRMAN



                                                                                       Water                  GHG &
   Environmental           Energy            Hazardous        Non-Hazardous       Efficiency and           Conventional          Life Cycle          Biodiversity
   Management             Efficiency          Waste 3R        Solid Waste 3R         Pollutant              Emissions           Assessment            Protection
    System Team             Team               Team                Team          Load Reduction             Reduction              Team                 Team
                                                                                       Team                   Team


                                                                                  Water Efficiency
   Environmental                             Hazardous        Non-Hazardous                              GHG & Conventional
                                                                                and Water Pollutant                             Environmental    Biodiversity Protection
 Management System      Energy Manager     Waste Reduction    Solid Waste 3R                             Emissions Reduction
                                                                                  Load Reduction                                  Manager             Coordinator
    Coordinator                             Coordinator        Coordinator                                   Coordinator
                                                                                    Coordinator




                                                                                   Water Efficiency
    Environmental                             Hazardous        Non-Hazardous                              GHG & Conventional        Life Cycle         Biodiversity
                                                                                 and Water Pollutant
  Management System      Energy Auditors    Waste Reduction    Solid Waste 3R                             Emissions Reduction      Assessment           Protection
                                                                                   Load Reduction
    Team Members                            Team Members       Team Members                                 Team Members         Team Members         Team Member
                                                                                   Team Members




We consistently ensure that every employee responsible for environmental management possesses the relevant skills and
expertise. This commitment is an essential priority for us in improving the implementation of responsible manufacturing
patterns to minimize environmental impacts. In addition to delegating environmental management responsibilities to the
above organs, the Company continuously strives to implement a sustainable and comprehensive environmental management
system. In manufacturing activities at our production facilities, the Company has implemented an Environmental Management
System in compliance with the international standard of ISO 14001 which has been verified by an independent certification
body since 2012 at the Sidoarjo Plant. The Environmental Management System implementation is based on the Company’s
environmental management policies as described below:

                             THE COMPANY’S ENVIRONMENTAL MANAGEMENT POLICIES

                   Formulating and implementing short-term, medium-term, and long-term goals, objectives, and
                   programs by taking into account the characteristics, scale, and impact in accordance with the
                   environmental management system, energy management system, and green industry, while
                                                                                                                                                               1
                   continuously innovating.


                   Improving quality, competitive, and environmentally friendly products with efficient production
                   costs.                                                                                                                                     2


                   Opting for materials and machinery with efficient energy use and low greenhouse gas effects for
                   manufacturing processes.                                                                                                                   3


                   Carrying out energy efficiency efforts and maximizing the use of new renewable energy through
                   monitoring, implementing, and encouraging design or development activities across the entire                                               4
                   Company.


                   Undertaking efforts to reduce greenhouse gas emissions for scopes one and two through monitoring
                   and implementation across the entire Company’s operations, up to the reporting to stakeholders.                                            5




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             Encouraging the use of renewable materials and environmentally friendly chemicals.                          6


             Implementing raw material efficiency through monitoring, implementing, and encouraging design
             or development activities across the entire Company.                                                        7


             Using water optimally and efficiently for company activities, as well as carrying out water conservation
             programs.                                                                                                   8



             Conducting maintenance and control of air pollution control equipment and machinery.                        9



             Reducing and controlling Hazardous Material and Hazardous Waste.                                           10



             Controlling non-hazardous solid waste through 3R (Reduce, Reuse, Recycle).                                  11


             Conducting an inventory of water usage, outlets of wastewater, Hazardous Waste and Non-Hazardous
             Waste, and air pollution.                                                                                  12



             Undertaking efforts to protect and conserve biodiversity.                                                  13


             Identifying, conducting, and evaluating all company activities through Life Cycle Assessment/LCA
             integrated with environmental, energy, and greenhouse gas emission aspects.                                14



             Involving the community in continuous improvement of the environmental management system.                  15



The Company’s environmental management is carried out comprehensively, starting from compliance with environmental
licenses from the inception of the business through the preparation of Environmental Management Efforts and Environmental
Monitoring Efforts (Upaya Pengelolaan Lingkungan Hidup dan Upaya Pemantauan Lingkungan Hidup or ”UKL-UPL”). In connection
with this, the Company consistently complies with and fulfills all existing permits, periodically reviewing them to harmonize
them with environmental programs to be implemented. Moreover, each unit of activity, such as factories, warehouses, and
offices, undertakes initiatives to prevent adverse environmental impacts by implementing eco-efficiency in relevant processes
as part of continual improvement. We also conduct cradle-to-grave Life Cycle Assessments (“LCA”) to analyze the product cycle
from acquisition of raw materials, manufacturing processes, and product distribution to product usage. Through the LCA, we
are able to obtain data on the environmental impacts of the supply chain, manufacturing processes, and product distribution
so that they may serve as the basis for consideration for the development of environmental management. In addition
to the prevention, we also make efforts to mitigate environmental impacts by planting trees for carbon neutralization. [GRI 3-3]




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Evaluation of Environmental Management

The evaluation of our ongoing environmental management is consistently carried out periodically to obtain a comprehensive
overview of the effectiveness of existing programs and to enhance management quality in relevant areas. At our production
facilities, we monitor environmental quality through collaboration with accredited environmental testing laboratories. The
results thereof are subsequently reported to both local and central governments every month and semester. This is done to
ensure that all the Company’s business units and production facilities are in accordance with applicable laws and regulations
as well as the Company’s policies.

We also participate in the Public Disclosure Program for Environmental Compliance (“PROPER”) organized by the Ministry
of Environment and Forestry (“MoEF”). PROPER is conducted through an assessment of the Company’s environmental
management performance in accordance with laws and regulations, indicated in the form of a rating. External assessments are
conducted by professionals who monitor and assess environmental performance objectively. [GRI 3-3]




Materials Used in Paint Production
The use of materials in paint production has a significant impact on the environment and the final product. Therefore, it is
crucial for us to take a holistic approach to selecting and using materials in paint production. In general, the use of materials
in paint production can be divided into two categories: renewable and non-renewable materials. Renewable materials we
use include calcium, raw materials of packaging from paper or cardboard, as well as plant-based materials and additives from
plants. Meanwhile, the non-renewable materials we use include solvents, pigments, and materials made from plastic. We
understand that if not managed properly, these materials will adversely impact the quality of the surrounding environment.
Therefore, their usage is continuously monitored and evaluated by the Board of Directors through various performance reports.
[GRI 3-3] [POJK F.5]

We also strive to combine the use of various environmentally friendly materials and sustainable production practices in
manufacturing better paint products. This allows the Company to contribute to environmental protection while still delivering
high-quality products. In this regard, the Company has implemented various efficiency programs that simultaneously
contribute to environmental protection by reducing product packaging waste. Our packaging efficiency projects have reduced
packaging waste by 205.81 tons, with details as follows:
1. Replacing cardboard packaging with lighter packaging, with a total reduction of 185.22 tons;
2. Reducing cardboard packaging with lighter packaging, with a total reduction of 15.57 tons;
3. Reducing plastic packaging by 3.35 tons;
4. Ensuring 100.00% of plastic gallon and pail packaging is reusable; and
5. Other programs with a reduction of 1.62 tons.

Apart from the efficiency measures, we also prioritize reusing water-based paint sludge for manufacturing processes in the
same cycle. This is part of our efforts to minimize the creation of hazardous waste caused by the sludge. In 2023 we were
able to reuse sludge as well as returned paint to the manufacturing process in the amount of 1,882.53 tons or 1.31% of the
total materials which means we have a material recycle ratio of 11.91 kg/ton of manufactured paint. Furthermore, we also
took the initiative to recycle solvent wash in the manufacturing of solvent-based paint. In 2023, we were able to reuse 166.27
tons of washing solvent as raw material for paint at a ratio of 5.68 kg/ton of manufactured paint. We also managed to reduce
hazardous waste disposal by 6.36%. [GRI 3-3, 301-2]

In 2023, we also lowered lead and chrome content in our products to 14.00%, exceeding the initial target of 17.90%. This
indicates our swift progress towards achieving lead-free and chrome-free products. This accomplishment is supported by the
significant increase in the launch of water-based products in 2023.




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Information regarding the use of materials in the paint production process is described as follows:

TYPES AND VOLUMES OF MAIN AND SUPPORTING MATERIALS FOR PAINT MANUFACTURE
[GRI 301-1]

            Material Type                          Unit                  2023                     2022                 2021

 Renewable Materials                               Ton                 72,903.20                 61,888.17            80,411.00

 Non-renewable Materials                           Ton                 70,887.41                 74,937.20            94,294.00

 Total Purchase of Materials                       Ton                143,790.61                136,825.37           174,705.00




                     Material Reuse by Product Type

                                  Sludge & Return Paint                                            Washing Solvent


                         2023               2022               2021                  2023                2022*             2021

                     1,882.53           2,567.74            1,263.45               166.27              180.87           230.05
                         Ton                 Ton                Ton                  Ton                     Ton           Ton




                     Material Reuse Ratio by Product Type

                                  Sludge & Return Paint                                            Washing Solvent


                         2023               2022               2021                  2023                2022*             2021

                        11.91              17.08               6.15                 5.68                 5.81             5.44
                                                                                  Kg/Ton of            Kg/Ton of         Kg/Ton of
                   Kg/Ton of Products Kg/Ton of Products Kg/Ton of Products     Solvent-Based        Solvent-Based     Solvent-Based
                                                                                  Products             Products          Products

                           Ratio of Renewable Material Usage                       Ratio of Recycled Material Usage [GRI 301-2]


                         2023               2022               2021                  2023                2022              2021

                      50.70%             45.23%              46.03%                1.42%               2.00%             0.85%

* Data restated.




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Energy Efficiency
The Company’s energy use covers a wide range of activities, from manufacturing to office operations. At the manufacturing
facilities, the Company needs energy to operate manufacturing machinery and equipment. While in the offices, energy is
needed for lighting, powering various electronic devices, and others. To meet these needs, most of the energy we use comes
from electricity, fuel oil (bahan bakar minyak or “BBM”) and gas obtained from third parties. These energy sources are always
used wisely by taking into account their environmental impacts. [GRI 3-3]

We acknowledge that a significant portion of the energy we consume is derived from fossil fuels, sourced from
non-renewable natural resources with increasingly limited availability. With this in mind, we are committed to energy
efficiency and gradually increasing the proportion of renewable energy sources in our operations. In pursuit of efficiency,
a key initiative we have implemented is maximizing the use of energy-efficient LED lighting. Additionally, we have
installed transparent fiber roofs in our manufacturing plants and warehouse areas to utilize sunlight as a source of lighting
during the day. We have also used street lighting that is powered by solar energy sources. [GRI 3-3, 302-4] [POJK F.7]

As for the manufacturing processes, we have reduced the use of forklifts to move can plates from the can manufacturer and
replaced them with a conveyor that directly connects the can manufacturer and the two solvent-based paint manufacturers,
and transformed the transfer of materials using pipes from the resin manufacturer to the paint manufacturer. The replacement
of forklifts can reduce energy use by 73,610 kgCO2e or the equivalent of planting 950 trees. We have also conducted a
re-layout of the finished goods warehouse and materials warehouse at the Sidoarjo paint plant to improve the efficiency of the
distribution process of goods. In addition to reducing the use of forklifts, we have also re-engineered the resin plant processes to
reduce cycle time by approximately 20%. The program can increase productivity and reduce energy and emissions. Specifically,
for the Sidoarjo plant, we have conducted initiatives for energy efficiency through compressor integration arrangements,
substitution of diesel energy for electricity, and replacement of conventional motors with more electricity-efficient inverter
motors. Fuel for the boiler and thermo used in our manufacturing activities are powered by State Gas Company (Perusahaan Gas
Negara or “PGN”) which produces lower emissions, as part of our efforts to support the transition towards more environmentally
friendly energy sources. [GRI 3-3, 302-4] [POJK F.7]

In addition, we have implemented an energy efficiency program of modifying cooling tower pumps to minimize energy
consumption. This innovation is estimated to reduce energy consumption by up to 37.7%, positively resulting in cost
savings of approximately IDR475.18 million in 1 year. [GRI 302-4] [POJK F.7]

Our energy usage and efficiency initiatives are continuously monitored and evaluated by the Board of Directors through
various periodic performance reports. The Company has been certified with ISO 50001:2018 on Energy Management Systems
in 2022, ensuring that energy performance is always monitored and energy efficiency efforts are maximized. [GRI 3-3]

Measurement of the Company’s energy use is obtained using a methodology that multiplies the physical unit energy
consumption and calorific value of each energy source, including gas, diesel, and electricity. The final results presented
for this report are the sum of energy consumption from these various energy sources. [GRI 302-1, 302-4] [POJK F.7]


                  Energy Conversion from Physical Units to TerraJoules (“TJ”)
                      Σ Energy Use (TJ) = Energy Use (physical unit) x Calorific Value (TJ/physical unit)

Source:
Guidelines for the Implementation of the National Greenhouse Gas Inventory Book II-Volume 1 Methodology for Calculating Greenhouse Gas Emission Levels
(Energy Sourcing and Use Activities).




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Based on this methodology, information on the Company’s energy use in all operational activities is described below:

Energy Usage [GRI 302-1] [POJK F.6]

                  Energy Source                         Unit               2023               2022               2021

 Electricity                                              GJ              51,149.38          49,348.66           54,248.59
 Fuel Oil (Bahan Bakar Minyak or BBM) (Diesel)            GJ            119,202.34          118,502.42         122,065.15
 Gas                                                      GJ              43,561.14          43,483.43           48,089.43
 Total Energy Usage                                      GJ             213,912.86         211,334.51         224,403.17




                Energy Intensity [GRI 302-3] [POJK F.6]

                      2023               2022         2021                        2023            2022              2021

                      0.17              0.19          0.19                     47.40             52.14            52.64
                    GJ/Ton of          GJ/Ton of    GJ/Ton of                 kWh/Ton of        kWh/Ton of       kWh/Ton of
                     Product            Product      Product                   Product           Product          Product




                Energy Efficiency [GRI 302-3] [POJK F.6]

                      2023               2022         2021                        2023            2022              2021

                     0.02                 0           0.01                      4.74             0.50              0.63
                    GJ/Ton of          GJ/Ton of    GJ/Ton of                 kWh/Ton of        kWh/Ton of       kWh/Ton of
                     Product            Product      Product                   Product           Product          Product



In total, the Company was able to reduce the total energy intensity of paint manufacturing from 52.14 kWh/ton of product to
47.40 kWh/ton of product, resulting in a 10.16% decrease in energy intensity in 2023. This calculation includes self-generated
and purchased energy for the Company’s operations.



Usage of Renewable Energy [POJK F.7]

In addition to focusing on implementing energy efficiency programs, the Company has gradually used renewable energy
sources that reduce greenhouse gas emissions, dependence on fossil fuels, and other negative environmental impacts. This is
also part of the Company’s efforts to implement sustainable production practices. In 2023, we have installed additional solar
panels on top of the Flamboyan warehouse totaling 660 panels with a generated energy capacity of 300.30 kWp. The use of
renewable energy can reduce emissions by 435,887 kgCO2e or equivalent to planting 4,880 trees. This initiative was positively
recognized by external parties, by receiving the Going Green is Good for Your Business award from Xurya Daya Indonesia.
We will continue to increase the installation of solar panels in the following years to increase the proportion of the use of
renewable energy sources. Information on the Company’s renewable energy usage is described below:

                  Energy Source                         Unit               2023               2022               2021
 Solar Energy, Hydropower, etc                            GJ              1,814.71            906.82             674.91
 Total Renewable Energy Usage                            GJ               1,814.71            906.82             674.91




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Water Usage
Water is an essential need for the Company in carrying out operational activities. We use water to meet various purposes, such
as the manufacturing processes and various other supporting activities. Given that water is essential for our livelihood, the
Company is committed to using water wisely and implementing water management practices to ensure that its operational
activities do not negatively impact clean water availability in the surrounding environment. In addition to sourcing from
third parties, the Company’s water needs are met by underground wells at the manufacturing site. The existence of these
underground water wells has complied with local government permits and environmental permits such that there are no
negative impacts on the environment. [GRI 3-3] [POJK F.8]

To preserve future water availability, we have implemented various water efficiency programs, including reusing used water
for other purposes. We utilize rinsing water from tanks cleaning and sanitizing processes in raw material mixtures, while still
emphasizing quality standards. In 2023, we were able to reuse 0.65 megaliters of industrial wastewater or a ratio of 5.06 L/ton
of water-based products. In addition to reusing wastewater, we constantly ensure that our wastewater management
is in accordance with applicable standards and regulations. To manage liquid waste from domestic processes at the paint
manufacturing sites, we have implemented a Sewage Treatment Plant. Additionally, filtration and ozonation are used to treat
industrial wastewater. We also continuously supervise water management practices and report the results to the relevant
agencies every month to ensure that no wastewater exceeds the specified quality threshold. [GRI 3-3, 303-1, 303-2] [POJK F.8]

The Company has also implemented a cooling system and rainwater harvesting system, significantly reducing water
consumption. In addition, the Company also has a flowmeter in place to monitor the water flow rate in the rainwater harvesting
system. [GRI 3-3, 303-1, 303-2] [POJK F.8]

Information on the Company’s water usage in all operational activities is described as follows:

WATER USAGE AND INTENSITY [GRI 303-3] [POJK F.8]

               Water Source                           Unit                  2023                  2022            2021

 Groundwater                                        Megaliter                99.32                 79.25           84.32
 Third-Party
                                                    Megaliter                42.36                 34.73           45.94
 (Perusahaan Daerah Air Minum or PDAM)
 Total Water Usage                                  Megaliter              141.68                 113.98         130.26
 Intensity of Water Usage                    Megaliter/Ton of Product      0.0009                 0.0008         0.0008




                Water Disposal [GRI 303-4]

                                   Domestic                                                       Industry


                     2023             2022                2021                2023                  2022            2021

                  3.71               3.70                4.36                0.12                  0.44            0.18
                 Megaliter          Megaliter           Megaliter           Megaliter             Megaliter       Megaliter




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               Chemical Oxygen Demand (“COD”) [GRI 303-4]

                                   Domestic                                                    Industry


                   2023               2022                 2021                2023               2022               2021

                 11.93               2.48               0.90                 5.49                5.13                5.17
                   Ton                 Ton                 Ton                 Ton                 Ton                Ton


Throughout 2023, the Company’s daily COD value has met government standards stipulated in East Java Governor Regulation
No. 52 of 2014 on Quality Standards for Paint and Ink Industry Wastewater, as well as Regulation of the Minister of Environment
and Forestry of the Republic of Indonesia No. P.68/Menlhk/Setjen/Kum.1/8/2016 on Domestic Waste. Daily COD values were
obtained from analytical test data published by a laboratory certified by the National Accreditation Committee (Komite
Akreditasi Nasional or KAN).




               Ratio of Industrial Wastewater Recycle


                          2023                                              2022         5.22 Liter/Ton of Water-Based Products
                  5.06 Liter/Ton of Water-Based Products                    2021         4.80 Liter/Ton of Water-Based Products




Emissions Management
The impacts of climate change are increasingly felt today, as the average temperature of the Earth’s surface increases. Climate
change is triggered by global warming, which is caused by increased emissions of carbon dioxide and greenhouse gases (“GHG”)
generated by the use of fossil fuels, forest fires, waste, and industrial processes. As the threat of global warming becomes more
evident, including its potential negative impacts on our livelihoods, the Indonesian government has committed to taking
a role in reducing greenhouse gas emissions. This commitment was reinforced by the issuance of Presidential Regulation
No. 61/2011 on the National Action Plan for Reducing Greenhouse Gas Emissions (Rencana Aksi Nasional Penurunan Emisi Gas
Rumah Kaca or “RAN-GRK”), which is a working document containing efforts to reduce greenhouse gas emissions in Indonesia.
This Presidential Regulation has been followed by the issuance of Presidential Regulation No. 71 of 2011 on the Implementation
of the National Greenhouse Gas Inventory. [GRI 3-3]

As a company that contributes to GHG emissions, we are also committed to supporting government steps and policies to
reduce the negative impacts of greenhouse gases. In this regard, we have signed a hub zero net agreement with member
companies of the Indonesian Chamber of Commerce and Industry (Kamar Dagang dan Industri Indonesia or “Kadin”) as
part of the commitment to achieve zero net emissions by 2050. The tangible steps that the Company has taken are mainly
through low-carbon manufacturing processes. Gradually, we have reduced the use of forklifts to move can plates from the
can manufacturer and replaced them with a conveyor that directly connects the can manufacturer and the two solvent-based
paint manufacturers and transformed the material transfer to pipelines from the resin manufacturer to the paint manufacturer.
We have also replaced diesel-based forklifts with electric ones to reduce GHG emissions directly resulting from the use of fossil
fuels. In addition to lowering the amount of emissions produced, we also conduct carbon emission compensation activities by
planting Acacia Curmis (Acacia Auriculiformis) trees on the slopes of Mount Arjuno, Pasuruan, as many as 5,000 trees. To date,
the Company has planted 10,000 trees. [GRI 3-3] [POJK F.12]




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We also periodically measure emissions in our operational areas and conduct evaluations to seek innovations that may reduce
GHG. The base year we use to calculate greenhouse gas emissions is 2021, as in that year the Company had just started a
comprehensive greenhouse gas emission inventory process using a digitized system that facilitates the monitoring process.
[GRI 305-1]

During the reporting year, we have measured the level of greenhouse gas emissions produced, both scope 1 greenhouse gas
emissions and scope 2 greenhouse gas emissions. The main source of scope 1 greenhouse gas emissions is the consumption
of fossil fuels, while scope 2 emissions come from the generation of electricity purchased or obtained from State Electricity
Company (Perusahaan Listrik Negara or “PLN”). The calculation is based on the following formula: [GRI 3-3, 305-1, 305-2]


                                       Scope 1 Greenhouse Gas Emissions
                        Σ Emission = Fuel Consumption (liter) x Emission Factor (Kg/Tj)2) x NCV (Tj/liter)


                                       Scope 2 Greenhouse Gas Emissions
                          Σ Emission = Electricity Consumption (kWh) x Emission Factor (kgCO2/kWh)


Greenhouse Gas Emissions Produced

                 Emission Source                           Unit             2023              2022              2021

 Scope 1 Greenhouse Gas Emissions [GRI 305-1] [POJK F.11]
 Fuel Oil (Bahan Bakar Minyak or BBM) (Diesel)           TonCO2e             292.12            488.62             890.17
 Gas                                                     TonCO2e           2,443.65           2,439.29          2,697.68
 Total Scope 1 Emissions                                 TonCO2e           2,735.77          2,927.91           3,587.85

 Indirect Scope 2 Greenhouse Gas Emissions [GRI 305-2] [POJK F.11]
 Electricity from PLN                                    TonCO2e           8,581.65           8,480.08          9,797.75
 Total Scope 2 Emissions                                 TonCO2e           8,581.65          8,480.08           9,797.75
 Total Scope 1 and Scope 2 Emissions                     TonCO2e          11,317.42         11,408.00         13,385.60




                The Intensity of Scope 1 and Scope 2 Greenhouse Gas Emissions [GRI 305-4] [POJK F.11]


                            2023                                             2022         25.15 KgCO e/Ton of Product
                                                                                                         2



                   23.27 KgCO e/Ton of Product
                                   2
                                                                             2021         24.83 KgCO e/Ton of Product
                                                                                                         2




EMISSIONS NEUTRALIZATION PROGRAM THROUGH PLANTING TREES [GRI 305-5] [POJK F.12]

                 Emission Source                           Unit             2023              2022              2021

 Mount Arjuno
 Total Trees Planted                                       Trees            10,000             5,000              0
 Type of Trees Planted                                     Type                  2                   2            0
 Carbon Sequestration Value                              KgCO2e            765,100           520,100              0




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                    Emission Source                                    Unit                    2023           2022        2021

 The Company’s Environment
 Total Trees Planted                                                   Trees                     4,880          1,797        818
 Type of Trees Planted                                                 Type                            92           67            41
 Carbon Sequestration Value                                          KgCO2e                  435,887         421,237     398,941

Notes: Data is accumulated from year to year.


Through various energy efficiency and emission strategies, in 2023, the Company successfully reduced scope 1 and scope 2
GHG emissions by 90.58 TonCO2e compared to the previous year. When compared to the 2021 baseline, the Company has
reduced its scope 1 and scope 2 GHG emissions by 15.45%.



Emissions of Ozone-Depleting Substances [GRI 305-6]

The use of goods or materials that destroy the ozone can have negative impacts on the environment, especially on climate
change. Ozone-Depleting Substances (“ODS”) are chemical compounds that have the potential to react with ozone molecules
in the stratosphere. ODS are commonly used for air conditioning machines, refrigerators, and light fire extinguishers (alat
pemadam api ringan or “APAR”) cylinders.

Irresponsible use of ODS will lead to the erosion of the ozone layer resulting in environmental degradation, limited clean water
sources, damage to the marine food chain, and other environmental problems. We recognize the environmental risks involved
in the use of ODS and are committed to implementing policies to reduce and even shift towards more environmentally friendly
materials.

We have analyzed our operations at the plants and offices to determine whether or not ODS are being used. The results of
the analysis indicate potential uses of ODS in supporting operational activities at the plant and office sites, i.e., the use of air
conditioners and fire extinguishers. In accordance with our commitment to reduce GHG emissions, including those caused by
ODS, we have several policies in place, among others:
1. Using environmentally friendly R 410 air conditioners; and
2. Using non-CFC and non-Halon fire extinguishers.

As for manufacturing activities, our analysis showed that no ODS were generated.

Air Emissions of Nitrogen Oxides (NOx), Sulfur Oxides (SOx), and Other Significant Air Emissions
[GRI 305-7]

Conventional gas emissions in the form of NOx, SOx, and other air emissions are generated from the paint manufacturing
process. We strive to manage these conventional emissions in accordance with the quality standards set by the government
while reducing their generation. We routinely carry out monitoring and reporting procedures, the results of which will be used
as the basis for continuous improvement in emissions management. Based on the results of emission monitoring conducted
by the KAN-Certified Laboratory in 2023, the parameters of NOx and SOx have met the environmental quality standards.

The monitoring results for the last 3 years are described as follows:

                                                       Government
       Parameter                    Unit                                                 2023               2022         2021
                                                      Quality Standard
 NOx                              mg/Nm3                       650                      70.33               41.27        112.64
 SOx                              mg/Nm3                       150                        4.63               9.64         13.76

Notes: The quality standard value is adjusted to the East Java Governor Regulation No. 10 Year 2009.




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Waste Management and Utilization
The Company’s operational activities generate waste. Based on substance type, the generated waste consists of solid waste
and liquid waste. Based on category, the Company’s waste consists of hazardous waste and non-hazardous waste. We are
highly committed to managing each generated waste to prevent it from adversely affecting the environment, causing harm
to human health, contaminating soil and waters, changing air temperature and quality, and contributing to climate change.
All waste treatment is carried out in accordance with the standards so that it does not exceed the quality standard thresholds
stipulated in laws and regulations or licenses. In addition, we also work with third parties who have recycling permits to utilize
the Company’s waste, especially hazardous waste. [GRI 3-3, 306-1]

A comprehensive overview of waste generation and management across the Company’s business processes can be seen below:

IDENTIFICATION OF WASTE IMPACTS AND MANAGEMENT [306-1]
       Type of
                                                                   Impacts of Waste on
     Operational              Type of Waste Generated                                                     Management Efforts
                                                                    the Environment
      Activities
                      •   Sludge;
                      •   Used Lubricant Oil;
                      •   Used Hazardous Waste Packaging;
 Raw Material                                                           Soil, water, and
                      •   Rags (Kain Majun);
 Storage                                                                 air pollution.
                      •   Used Battery;
                      •   Plastic Waste; and
                      •   Inorganic and Non Recyclable Waste.
                      •   Sludge;
                      •   Used Lubricant Oil;                                                     • Dispose of waste to Hazardous
                                                                 Soil, water, and air pollution     Waste Temporary Disposal Site
 Mixing               •   Used Hazardous Waste Packaging;
                                                                           or odors.                (Tempat Pembuangan Sampah or
                      •   Rags; and
                      •   Used Solvents.                                                            “TPS”);
                                                                                                  • Using rags/sand; and
                      •   Sludge;                                                                 • Exhause for indoor air circulation.
                      •   Used Lubricant Oil;                    Soil, water, and air pollution
 Grinding
                      •   Used Hazardous Waste Packaging; and              or odors.
                      •   Rags.
                      •   Sludge;
                      •   Used Lubricant Oil;
                                                                   Soil and air pollution or
 Filling              •   Used Hazardous Waste Packaging;
                                                                            odors.
                      •   Rags; and
                      •   Used Solvents.
                                                                                                  • Disposing of waste to Hazardous
                                                                                                    Waste TPS;
                      •   Sludge;
                                                                                                  • Using rags/sand;
                      •   Used Lubricant Oil;                           Soil, water, and
 Tinting                                                                                          • Covering the tank during the
                      •   Used Hazardous Waste Packaging; and            air pollution.
                                                                                                    process; and
                      •   Rags.
                                                                                                  • Installing ventilator on the roof area
                                                                                                    of the tinting tank.
                      •   Sludge;
                      •   Used Lubricant Oil;                                                     • Disposing of waste to Hazardous
 Packing              •   Used Hazardous Waste Packaging;        Soil, water, and air pollution     Waste TPS; and
                      •   Used Battery; and                                or odors.              • Using rags/sand.
                      •   Rags.


CLASSIFICATION OF IMPACTS OF WASTES GENERATED
                           Primary Impact                                                      Secondary Impact
                                                                    •   Photochemical oxidation;
                                                                    •   Abiotic (fossil and non-fossil) decline potential;
 •   Global warming potential;
                                                                    •   Biotic decline potential;
 •   Ozone depletion potential;
                                                                    •   Carcinogenic;
 •   Acid rain potential; and
                                                                    •   Toxicity;
 •   Eutrophication potential.
                                                                    •   Water footprint; and
                                                                    •   Land use change.




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                           Operational Activities




  Production Outputs                                                                   Waste




                             Hazardous Waste                                   Non-Hazardous Waste              Effluent




                                                                                                               Processed in
                 Handed Over to         Utilized as Alternative                   Handed Over to          Water Treatment Plant
              Licensed Third Parties         Raw Materials                     Licensed Third Parties     and Sewage Treatment
                                                                                                                  Plant


In addition to waste management, we implement a reduce, reuse, recycle (“3R”) program for returned paint waste, which is
generally due to damaged packaging during storage, errors in customer orders, and other causes. The returned paint is sorted
according to its condition to be recycled by processing it into paint products for special purposes. Returned paint is also used
as raw material to make new paint with specifications that match the type of material so that no returned paint is wasted.
For hazardous waste that cannot be treated, the Company makes efforts to collect, separate, and hand over hazardous waste
to collectors, transporters, processors, and users of hazardous waste who are licensed by the Government. Meanwhile, non-
hazardous waste from activities is collected in each business unit to be handed over to waste collectors in accordance with the
provisions of the Sanitation Agency in each location. In 2023, non-hazardous waste accounted for only 17.27% of the overall
waste from paint plants. [GRI 3-3, 306-2, 306-4] [POJK F.13, F.14]

Information on the amount of waste generated from the Company’s operational activities is described below:



Total Generated Waste [GRI 306-3] [POJK F.13]

                 Type of Waste                            Unit              2023                2022               2021
 Hazardous Waste
 Solid                                                     Ton               806.69              850.81             449.18
 Liquid                                                    Ton                80.08               96.15             125.04
 Total Hazardous Waste                                     Ton               886.77             946.96             574.22
 Non-Hazardous Waste
 Total Non-Hazardous Waste                                 Ton               185.07             157.68              98.14
 Total Generated Waste                                     Ton             1,071.84            1,104.64            672.36


Through various waste efficiency and management strategies, in 2023, the Company successfully reduced total generated
waste by 32.80 tons compared to the previous year.



Transport and Reuse of Waste and Effluent [GRI 306-4]

The Company is committed to managing generated waste through various processes, including transportation and treatment.
The total hazardous waste that is handed over to third parties for transport, and waste that is treated and reused by the
Company, is described as follows:




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                    Type of Waste                         Unit               2023                2022                2021
 Hazardous Waste Handed Over to Third Parties              Ton                886.77              946.96              574.22
 Reuse of Hazardous Waste
 Industrial Waste                                          Ton              1,820.24            2,482.98            1,263.45
 Washing Solvent                                           Ton                166.27             180.87*              230.05
 Sludge                                                    Ton                 62.29               84.76                    0
 Total Reuse of Hazardous Waste                            Ton              2,048.79           2,748.61*           1,493.50
 Reuse of Effluent
 Cleaning Water
   Water-Based Paint                                      Liter              376,188             370,466             326,014
   Water-Based Resin                                      Liter              275,536             252,069             331,317
 Total Reuse of Effluent                                  Liter              651,724            622,535             657,331

* Data restated.




                   Effluent Discharge from Water Treatment Plant and Sewage Treatment Plant Processes Plant


                           2023                                                2022          4.14 Megaliter
                     3.83 Megaliter                                            2021          4.54 Megaliter


Spill Incident

Spills of chemicals, oil, fuel, or other hazardous substances may negatively impact soil, water, air quality, biodiversity, and
human health. Therefore, we carefully manage the use of various materials or substances with spillage risks. The efforts were
successful as demonstrated by the absence of spill incidents of chemicals, oil, fuel, waste, or other hazardous substances in
2023. Therefore, no significant adverse impacts were attributed to the Company in connection with these incidents. [GRI 306-3]
[POJK F.15]




Biodiversity
Biodiversity represents the variety of living organisms with diverse variations within a specific environment. Indonesia’s diverse
natural landscape has prompted the Company to actively participate in preserving biodiversity through various conservation
programs for flora and fauna, aligned with the Company’s business scope. For us, protecting biodiversity is crucial to ensure
the survival of flora and fauna species, genetic diversity, and natural ecosystems. Beyond that, we recognize that natural
ecosystems provide clean air and water, contributing to food security and human health. Biodiversity also directly contributes
to local livelihoods, making it essential for poverty reduction, and sustainable development. [GRI 3-3]

In this regard, we have conducted an Acacia Curmis tree planting program on the slopes of Mount Arjuno, Pasuruan, covering
an area of 5.5 hectares. In 2023, we planted a total of 5,000 trees. Therefore, the number of trees we have planted from the
beginning, has reached 10,000 trees, and was able to absorb greenhouse gas emissions of approximately 765,100 kgCO2e.
In addition, we also realized a reforestation program in the area of our plants, in addition to plant seeding. With these efforts,
we hope to increase biodiversity, both flora and fauna. [GRI 304-3] [POJK F.10]




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Additionally, the Company also ensures that none of our operational areas are adjacent to or intersect with protected areas,
conservation areas, or areas with high biodiversity value. Therefore, our operations have no negative impact on biodiversity.
[GRI 304-1, 304-2] [POJK F.9]




Environmental Management Costs
In an effort to preserve the environment, we regularly budget a certain amount of funds for the smooth implementation
of various activities carried out. We also continue to strive for cost efficiency by looking for third parties as users, so that
environmental management costs may be further reduced. Information on the amount of costs incurred by the Company is
described as follows: [POJK F.4]




               Environmental Management Costs


                        2023                                                  2022         1,524 Million Rupiah
                  1,059 Million Rupiah                                        2021         1,257 Million Rupiah




Complaints on Environmental Issues [GRI 2-25] [POJK F.16]
We provide access for all stakeholders who feel disadvantaged due to environmental issues caused by the Company’s
operational activities so that they are able to submit their complaints through monthly meetings organized by the Company
with local village officials. Any incoming report of complaint will be processed and followed up properly and professionally.
If necessary, the Company will hold further face-to-face forums with the relevant parties, to further determine what steps will
be taken to resolve the existing problems.

Over the past 3 years, we have not received any material and significant complaints related to environmental issues. [GRI 2-16]




Environmental Compliance
We consistently ensure that all operational activities comply with prevailing environmental laws and regulations in the Republic
of Indonesia, implemented through management and monitoring to improve environmental performance. The Company’s
environmental programs have been well implemented, allowing us to maintain positive results in the Public Disclosure
Program for Environmental Compliance (“PROPER”) with a Green rating. We are the only Indonesian paint company to have
been awarded the Green PROPER by the Ministry of Environment and Forestry for 2 consecutive years. This rating demonstrates
that we have gone beyond the compliance standards in environmental management.




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2023 Sustainability Report - PT Avia Avian Tbk   101
Page 104
Maintaining
the Growth of
the Company’s
Personnel



“The Company understands
that our employees are our main
foundation in implementing sustainable
business practices. With that in mind,
we are committed to providing a decent,
safe and healthy working environment.
In addition, we continue to encourage the
development and optimization of employee
potential for mutual progress, both for
employee development and the Company’s
performance.”




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2023 Sustainability Report - PT Avia Avian Tbk   103
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OUR ACHIEVEMENT                                                            [GRI 3-3]




                                        Organizational
                                                                       Increased level of
   Increased investment                  continuity in
                                                                     employee engagement,
        in employee                     the form of an
                                                                        as reflected in a              Digital transformation
        competence                   employee promotion

                                                                         0.87%
  development, reaching               program, involving                                                    (paperless) of
                                           a total of                                                   HR Business Process.

   136.32%                .
                                      66       personnel.
                                                                      decrease in employee
                                                                            turnover.



             1                                2                                3                                 4
The Company’s success in maintaining a competitive advantage amid the dynamic paint industry competition is inseparable
from the presence of our employees, both the Company’s employees and outsourced employees, who continue to develop in
accordance with the industry needs and trends. Therefore, we continuously fulfill the needs of each employee in accordance
with applicable laws and regulations as well as best practices in similar industries. We consistently maintain our commitment
to the fulfillment of employee rights without discrimination. A decent, safe and healthy working environment remains our
priority through the implementation of the Occupational Health and Safety Management System. All programs related to
employee management are evaluated regularly to minimize gaps between their implementation and the best practices in
similar industries as well as the accuracy of the intended aims and targets. [GRI 3-3]




Human Resources Management
Human resources (“HR”) is one of the important factors in supporting the Company’s growth. As a company that always produces
innovative products, the Company requires human resources who have the knowledge and skills concerning products, processes,
and improvements to always present the best products to the public. Moreover, employees are also the frontline of service and,
therefore, are instrumental in shaping the Company’s image as a company with the ability to produce paint product variants
with reliable product quality and provide the best services. This has allowed the Company to maintain its position as the public’s
first choice. This understanding serves as the foundation for us to constantly fulfill our commitment to managing our HR in a
professional, effective, and calculated manner in order to develop employees with excellence, competence, and integrity. In
managing our employees, the Company has established Human Resource and General Affair (“HRGA”) units, specifically units in
charge of Employee Development, Organizational Development, Recruitment, Human Resource Information System (“HRIS”),
Human Resource Operations, as well as General Affair and Industrial Relation as the responsible organs. We continuously ensure
that every employee responsible for managing the Company’s HR possesses the relevant skills and expertise, by conducting
competence certifications of Certified Human Resource Manager (“CHRM”) and Assessment Center Assessor Certification (“ACAC”).




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More detailed information about the Company’s HR management structure is described as follows: [GRI 3-3]

                                                           HRGA



                 POD & Recruitment                                                      HR Operations




    People             Organization                                            Personel                                   Industrial
                                          Recruitment            HRIS                               General Affair
 Development           Development                                           Administration                                Relation


In addition, the Company is committed to creating a productive and comfortable working environment for all employees. This
is manifested in the formulation and review of the effectiveness of Company-wide Standard Operating Procedures (“SOP”)
consisting of 9 SOPs, 1 standard, and 18 forms in 2023.



Diversity and Equality [POJK F.18]

The Company respects and values the differences between people, in terms of gender, class, skin color, ethnicity, religion,
race, social status, political views, and so on. For us, diversity is a privilege that brings color to our social life. In line with
this, we are committed to creating an inclusive and conducive work environment with equal treatment of all employees.
This commitment is realized by the implementation of anti-discrimination policies stipulated in the Business Ethics and
Code of Conduct, and absorbed into the Company’s internal policies and SOPs, particularly the Anti-discrimination SOP
(AA-HRD-SOP-29). The implementation of the policy regulates matters related to the recruitment process, competence
development, career development, and the granting of employee rights, which rely fully on the competence and performance
of each employee and do not prioritize any particular gender.

Employees can express themselves in accordance with their respective talents and skills, resulting in significant performance
productivity. On the other hand, the Company will respond to discriminatory treatment in any form, which can be reported in
accordance with the complaint procedure and the Whistleblowing System. Any proven discriminatory actions may be subject
to sanctions in accordance with the Disciplinary procedure, including Termination of Employment. [GRI 3-3] [POJK F.18]

The Company’s commitment to diversity resulted in zero discrimination incidents during the reporting year. Therefore, no
remediation is being or has been implemented. [GRI 406-1]

Compared to the previous year, the total employees of AVIA, TKTW, and TKBI in 2023 increased by 4.97% to 8,477 personnel.
This reflects AVIA’s continued growth as an organization, and its capacity to provide more jobs to the community compared
to the previous year, at a time when other companies were cutting back. In addition to promoting gender equality and
anti-discrimination, we also strive to maintain organizational excellence amid evolving economic and business dynamics.
Our commitment to realizing gender equality and anti-discrimination is described in the following table: [GRI 3-3]

EMPLOYEE DEMOGRAPHICS [GRI 2-7, 405-1] [POJK C.3]
                                          2023**                             2022**                               2021*
         Description
                             Male     %       Female     %       Male    %       Female     %        Male     %       Female      %

 Total Employees by Gender and Employment Status
 Permanent Employees          997     71.83        391   28.17     929   74.50        318   25.50      893    72.13        345   27.87
 Non-Permanent Employees      128     57.92        93    42.08     119   42.50        161   57.50      111    53.37         97   46.63
 Outsourced                  5,629    81.96    1,239     18.04   5,403   82.50     1,146    17.50     5,276   84.51        967   15.49
 Total                       6,754    79.67    1,723     20.33   6,451   79.88    1,625     20.12     6,280   81.68    1,409     18.32




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                                                2023**                                   2022**                                  2021*
         Description
                                Male        %       Female        %       Male       %       Female        %         Male    %       Female      %

 Total Employees by Gender and Workers’ Status***
 Full-time Employees             6,754     79.67      1,723      20.33     6,451     79.88      1,625      20.12     6,280   81.68       1,409   18.32
 Total                           6,754     79.67      1,723      20.33    6,451     79.88       1,625     20.12      6,280   81.68    1,409      18.32
 Total Employees by Gender and Education Level
 Master’s Degree                    19     63.33          11     36.67        16     69.57          7      30.43         8   80.00          2    20.00
 Bachelor’s Degree               1,226     67.10         601     32.90     1,125     68.10        527      31.90     1,005   68.88        454    31.12
 Diploma (D3)                      189     62.79         112     37.21      171      62.18        104      37.82      175    61.84        108    38.16
 ≤High School and Equivalent     5,320     84.19         999     15.81     5,139     83.89        987      16.11     5,092   85.77        845    14.23
 Total                           6,754     79.67      1,723      20.33    6,451     79.88       1,625     20.12      6,280   81.68    1,409      18.32
 Total Employees by Gender and Age
 >50 Years Old                     130     90.28          14      9.72      113      88.28         15      11.72       99    89.19         12    10.81
 36 – 50 Years Old               1,814     83.71         353     16.29     1,713     84.05        325      15.95     1,614   83.84        311    16.16
 18 – 35 Years Old               4,810     78.01      1,356      21.99     4,625     78.26      1,285      21.74     4,567   80.79       1,086   19.21
 <18 Years Old                       0          0          0          0        0         0          0            0      0        0          0        0
 Total                           6,754     79.67      1,723      20.33    6,451     79.88       1,625     20.12      6,280   81.68    1,409      18.32
 Total Employees by Gender and Position
 Deputy Director                    16     94.12           1      5.88       16      94.12          1       5.88       15    88.24          2    11.76
 Manager                           207     85.19          36     14.81      186      84.55         34     15.45       171    85.07         30    14.93
 Supervisor                        454     69.31         201     30.69      419      71.02        171     28.98       412    71.65        163    28.35
 Staff                             448     64.55         246     35.45      428      61.06        273     38.94      1,529   84.94        271    15.06
 Outsourced                      5,629     81.96      1,239      18.04     5,402     82.50      1,146     17.50      4,153   81.50        943    18.50
 Total                           6,754     79.67      1,723      20.33    6,451     79.88       1,625     20.12      6,280   81.68    1,409      18.32

Notes:
* AVIA and TKTW;
** AVIA, TKTW, and TKBI; and
*** All AVIA, TKTW, and TKBI employees are full-time employees and therefore there are no part-time employees.


Employee demographics in the table above represent the Company’s overall employee composition, which consists of direct
and indirect workers. Direct workers consist of permanent and non-permanent employees, while indirect workers consist of
outsourced employees whose composition is explained in the table above. [GRI 2-8]

Our commitment to promoting equality has also been implemented at the Manager level and above. In 2023, out of the
entire AVIA, TKTW, and TKBI employees at the Manager and Deputy Director level, there has been an increase from 35 female
employees in 2022 to 37 female employees out of a total of 260 employees in 2023.


FEMALE EMPLOYEE INVOLVEMENT AT MANAGER AND DEPUTY DIRECTOR LEVELS



                            2023**                                                           2022**              35 out of 237 Employees
                       37 out of 260 Employees                                                2021*              32 out of 218 Employees


Notes:
* AVIA and TKTW; and
** AVIA, TKTW, and TKBI.




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Employee Recruitment and Turnover

In line with implementing the equality principle, all of the Company’s recruitment processes are carried out transparently
and without discrimination in any form, which includes the non-existence of the practice of recruitment fees and gender
criteria in employee recruitment. The employee recruitment process is carried out selectively, by considering the compatibility
of job requirements with the competencies of prospective employees. Thus, all qualified candidates can participate in the
recruitment process, either through e-recruitment on the Company’s website or other job vacancy channels.

To meet the needs of permanent employees, we employ 2 recruitment systems, namely internal and external recruitment.
Internal recruitment includes promotions, mutations, and rotations, specifically at the permanent employee level. Employee
mutations and rotations are based on the evaluation of an employee’s eligibility for the position, measured by conducting
competence assessments, and specifically for the purpose of promotions, assessments are carried out by superiors to their
subordinates as well as a series of other assessment processes. Meanwhile, external recruitment is carried out by directly
recruiting employees from outside the Company to fulfill the needs of employees. Both systems allow the Company to obtain
employees with relevant quality and competence.

The total number of employees recruited by AVIA, TKTW and TKBI to fill permanent positions throughout 2023 reached
246 people. This recruitment was mainly influenced by the development of support areas for the Subsidiaries. Meanwhile,
the turnover rate of AVIA, TKTW, and TKBI’s permanent employees reached 0.89%, a decrease from the previous year. The
composition of recruitment and turnover of permanent employees of AVIA, TKTW, and TKBI is described as follows: [GRI 401-1]

RECRUITMENT OF PERMANENT EMPLOYEES [GRI 401-1]

                                                            2023**                    2022**                    2021*
                     Description
                                                    Total             %       Total            %        Total           %
 Recruitment of Permanent Employees by Age
 >50 Years Old                                         0                  0      1              0.42       0                0
 36 – 50 Years Old                                  209              84.96      53             22.27      50            26.46
 18 – 35 Years Old                                    37             15.04     184             77.31     139            73.54
 <18 Years Old                                         0                  0      0                 0       0                0
 Total                                              246          100.00        238         100.00        189        100.00
 Recruitment of Permanent Employees by Gender
 Male                                               167              67.89     177             74.37     155            82.01
 Female                                               79             32.11      61             25.63      34            17.99
 Total                                              246          100.00        238         100.00        189        100.00
 Recruitment of Permanent Employees by Operational Areas
 AVIA
 Surabaya                                             31             12.60      26             10.92      18             9.53
 Sidoarjo                                             30             12.20      62             26.05      64            33.86
 Serang                                               10              4.07      10              4.20       1             0.53
 Cirebon                                               2              0.81       0                 0       0                0
 TKTW & TKBI
 Area 1A North Sumatra                                13              5.29      10              4.20       4             2.12
 Area 1B South Sumatra                                15              6.10      13              5.47       8             4.23
 Area 2 Jabodetabekser                                 6              2.44       4              1.68       2             1.06
 Area 3 West Java                                     11              4.47      13              5.46       7             3.70
 Area 4 Central Java                                   8              3.25      10              4.20      10             5.29
 Area 5 East Java                                     46             18.70      43             18.07      42            22.22
 Area 6 Sulawesi                                      16              6.50      12              5.04       7             3.70
 Area 7 Kalimantan                                    22              8.94      13              5.47      16             8.47
 Area 8 Eastern Indonesia                             36             14.63      22              9.24      10             5.29
 Total                                              246          100.00        238         100.00        189        100.00




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TURNOVER OF PERMANENT EMPLOYEES [GRI 401-1]

                                                                  2023**                 2022**                 2021*
                           Description
                                                           Total           %       Total          %       Total         %
 Turnover of Permanent Employees by Age
 >50 Years Old                                               11            8.40      3             1.52     3            2.54
 36 – 50 Years Old                                           45          34.35     119            60.41    62           52.54
 18 – 35 Years Old                                           75          57.25      75            38.07    53           44.92
 <18 Years Old                                                0                0     0                0     0               0
 Total                                                      131         100.00     197        100.00      118       100.00
 Turnover of Permanent Employees by Gender
 Male                                                       100          76.34     121            61.42    94           79.66
 Female                                                      31          23.66      76            38.58    24           20.34
 Total                                                      131         100.00     197        100.00      118       100.00
 Turnover of Permanent Employees by Operational Area
 AVIA
 Surabaya                                                     6            4.58      9             4.57     6            5.08
 Sidoarjo                                                    15          11.45      91            46.19    22           18.64
 Serang                                                       6            4.58     13             6.60     8            6.78
 Cirebon                                                      0                0     0                0     0               0
 TKTW & TKBI
 Area 1A North Sumatra                                        5            3.82      4             2.03     4            3.39
 Area 1B South Sumatra                                       11            8.40      9             4.57    10            8.47
 Area 2 Jabodetabekser                                        7            5.34      3             1.52     5            4.24
 Area 3 West Java                                             9            6.87     10             5.08    13           11.02
 Area 4 Central Java                                          7            5.34     16             8.12    10            8.47
 Area 5 East Java                                            15          11.45      19             9.64    19           16.10
 Area 6 Sulawesi                                             14          10.69       6             3.05     6            5.08
 Area 7 Kalimantan                                           17          12.98       6             3.05     9            7.63
 Area 8 Eastern Indonesia                                    19          14.50      11             5.58     6            5.08
 Total                                                      131         100.00     197        100.00      118       100.00
 Turnover of Permanent Employees by Reason
 Retirement                                                   7            5.34      0                0     3            2.54
 Resignation                                                 73          55.73      94            47.71    66           55.93
 Termination of Employment                                   42          32.06      22            11.17    23           19.50
 Death                                                        3            2.29      1             0.51     4            3.39
 Change in Employment Status                                  6            4.58     80            40.61    22           18.64

 Total                                                      131         100.00     197        100.00      118       100.00
 Turnover of Permanent Employees by Position
 Deputy Director                                              0                0     2             1.02     1            0.85
 Manager                                                     19          14.50      16             8.12    10            8.47
 Supervisor                                                  83          63.36      72            36.55    74           62.71
 Staff                                                       29          22.14     107            54.31    33           27.97
 Total                                                      131         100.00     197        100.00      118       100.00

Notes:
* AVIA and TKTW; and
** AVIA, TKTW, and TKBI.


This calculation of employee recruitment and turnover does not include outsourced employees due to the high fluctuation of
outsourced employees which is dependent on the increase or decrease in production.




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Employee Competence Development [POJK F.22][GRI 404-2]

Excellent, competent, dedicated and ethical human resources is a major factor in achieving the Company’s vision, mission and
goals. Therefore, we develop strategic policies on continuous employee development. We believe that a focus on developing
employee competence will improve our internal business processes, which in turn will drive the Company’s performance. This
commitment to improving competence across all processes is also critical to the development and manufacture of innovative
and competitive products. The competence development program is implemented through training and certifications, special
assignments, and coaching and mentoring schemes based on the Company’s development needs and priorities formulated by
the HR Department together with the management. In general, the Company’s employee competence development program
is aimed at 5 aspects as described below: [GRI 3-3]

EMPLOYEE COMPETENCE DEVELOPMENT PROGRAM


             Basic Training
             Mandatory training for all employees, such as training on Corporate Values (CInTA), GCG, Code of Conduct, and         1
             so on.



             Technical Training
             Training aimed at improving the technical capabilities of employees in order to enhance their abilities and           2
             performance in line with the Company’s needs.



             Soft Skill Training
             Training to improve employees’ non-technical skills, such as effective communication, creative and critical           3
             thinking, team building, and other skills related to individual personality capacity.




             Leadership Program
             A program aimed at preparing employees to become leaders through a leadership ladder program.
                                                                                                                                   4



             Certification and Standardization Training
             Training to ensure employees’ technical and specialized skills are standardized according to their job functions.
                                                                                                                                   5



In addition, the Company provides programs and rewards to channel employees’ innovation and creativity, in the form of:
1. Internal Improvement Initiative - I3 (inter-department improvement program); and
2. Suggestion System - SS (personal improvement).

These programs are continual and evaluated annually, and serve as a key performance indicator value for each unit/section.

We have also successfully ingrained our Value (CInTA) through the publication of the Avian Newsletter and a series of other
supporting programs. All employee activities guided by CInTA Value are always highlighted in the Avian Newsletter in order
to disseminate this Value across the organization. In addition, this program also provides insight and updates about the
Company, such as employee promotion programs, innovations, development programs, CSR, new product launching, ongoing
and upcoming employee activities, and recent achievements.

The Company also has an Avian Development Program (“ADP”) that is specifically designed to prepare and develop
the Company’s future leaders. The program offers diverse learning opportunities, ranging from in-class learnings,
on-the-job activities, peer and mentor supports, aimed at cultivating graduates with a wide range of accomplished technical
and managerial skills.




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Since 2022, we have increased the scope of data measurement of our competence development programs to include both
permanent and non-permanent employees of the Company. Whereas in 2021, the Company only focused on the development
of permanent employees, without involving outsourced employees. The realization of competence development programs
for AVIA, TKTW, and TKBI employees implemented by the Company throughout 2023 amounted to 5 programs with a total
of 6,173 participants. All employee competence development programs are periodically evaluated by the HR Department to
view the results or impact, and also to adjust to the situation and business development of the Company. Information on the
competence development of AVIA, TKTW, and TKBI employees is further described as follows: [GRI 3-3, 404-2]

AVERAGE EMPLOYEE TRAINING HOURS [GRI 404-1] [POJK F.22]
                                  2023**                                        2022**                                        2021*
                                                 Average                                     Average                                      Average
Description                       Total                                         Total                                          Total
                 Total                           Training       Total                        Training          Total                      Training
                                Training                                      Training                                       Training
               Employees                        Hours per     Employees                     Hours per        Employees                   Hours per
                                 Hours                                         Hours                                          Hours
                                                Employee                                    Employee                                     Employee

 Average Training Hours by Gender***
 Male              6,754      104,540.97          15.48           6,451        44,868            6.96             0                0              0
 Female            1,723        23,737.21         13.78           1,625          9,253           5.69             0                0              0
 Total             8,477      128,278.18          15.13          8,076         54,121           6.70              0               0               0
 Average Training Hours by Position
 Deputy
                      17           107.50           6.32              17           167           9.79            17             364        21.42
 Director
 Manager             243         6,235.35         25.66             220          8,992          40.87           201            2,744       13.65
 Supervisor          655        18,008.25         27.49             590        15,398           26.10           575            3,415        5.94
 Staff             7,562      103,927.08          13.74           7,249        29,564            4.08           653            1,881        2.88
 Total             8,477      128,278.18          15.13          8,076         54,121           6.70           1,446          8,404         5.81

Notes:
* AVIA and TKTW;
** AVIA, TKTW, and TKBI; and
*** Calculation of average training hours by gender has only been conducted by the Company since 2022.


AVERAGE TRAINING HOURS OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
OF AVIA

                                                    2023                                  2022                                   2021
                                                            Average                               Average                                Average
            Position                    Total              Training            Total             Training            Total              Training
                                     Participants          Hours per        Participants         Hours per        Participants          Hours per
                                                           Member                                Member                                 Member
 The Board of Commissioners                 2                  8.75                2                 11.75               0                   0
 The Board of Directors                     5                 36.70                4                 22.50               2                 0.90
 Total                                      7                 28.71                6                19.42                2                0.64


COST OF IMPLEMENTING EMPLOYEE COMPETENCE DEVELOPMENT



                           2023**                                                          2022**              1,137.02 Million Rupiah
                     2,686.95 Million Rupiah                                                2021*            1,050.60 Million Rupiah


Notes:
* AVIA and TKTW; and
** AVIA, TKTW, and TKBI.




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Performance Evaluation

To ensure the quality of human resources, the Company conducts an annual Employee Performance Evaluation process.
Performance evaluation focuses on performance achievement, work process, attitude, and leadership. In addition, the Company
also conducts competence assessments for all personnel to ensure that all employees possess the relevant skills and expertise.
Performance evaluations are conducted for all employees in accordance with their skills and positions. We are committed to
conducting performance evaluations for all employees to ensure that the Company’s operational performance is more assured
and professional. The performance evaluation of outsourced employees is fully managed by the partner company overseeing
such employees but still with reference to the standards we have stipulated.

The results of the Performance Evaluation serve as a reference for the employee’s career development. The Company
provides equal opportunities in career paths to employees such as promotions, transfers, and job rotations. To ensure that
all departments are aligned with the Company’s objectives, Key Performance Indicators are prepared in accordance with the
Business Plan Strategy that must be achieved annually. All of AVIA, TKTW, and TKBI employees have received assessments of
their performance throughout 2023. [GRI 404-3]

In 2023, we also measured the potential and performance of our employees through the 9 Grid Box Method approach,
aimed at obtaining information on the mapping of employee categories, i.e., the “talent” employees for their excellent
performance, the employees who are deemed to have potential but whose performance is not notable, and the employees to
be terminated due to underperformance.

Information on the types of employee performance evaluations conducted by the Company is described as follows:

                                 TYPES OF EMPLOYEE PERFORMANCE EVALUATION




       COMPETENCE MATRIX                        PERFORMANCE APPRAISAL                               ASSESSMENT
   The process of measuring technical               The process of measuring               The process of measuring potential
   competence fulfillment to support          competence fulfillment to support job          is conducted periodically using
        technical job functions.                functions, including performance           assessment tools as a consideration
                                              achievements, leadership assessment,               for granting promotion.
                                                         and work ethic.


This method also allows us to obtain sufficient information about employees’ talents and potential, so that the mapping results
may function as a consideration for the Company to provide a better career development path to the following stages.

We also reward employees who achieve the best scores in their annual performance appraisals. We hope that this will trigger the
enthusiasm of other employees to continue enhancing their abilities and performance, in order to improve their performance
assessment in the following years and have the opportunity to receive awards from the Company.



Retirement Program [404-2]

The retirement age for AVIA employees is 57 years for staff and 65 years for employees with positions above supervisor.
Meanwhile, for TKTW and TKBI employees, the retirement age for all employees is 57 years old.

We uphold the normative rights of employees as stipulated in labor regulations in Indonesia, including pension rights. We
administer a contributory pension plan for permanent employees managed by BPJS Employment. The employees contribute
1% and the Company contributes 2% of the employee’s basic salary to meet the required amount. In 2023, the amount of
contributions paid to such pension funds institutions amounted to IDR3.37 billion, an increase of 6.32% compared to the
previous year.




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Remuneration

The Company provides appreciation to the employees, one of which is in the form of remuneration. Remuneration provided
by the Company, whether in basic salary or allowances, is given at a competitive value to attract and retain the Company’s
top talents. In determining the amount of basic salary and various other compensation received by employees, we refer to
applicable laws and regulations, conduct internal evaluations related to the alignment of remuneration, review the results of
employee performance appraisals, and consider the position level. We maintain equal and fair remuneration for employees,
which includes non-discriminatory practices on the amount of remuneration based on gender, ethnicity, religion, and race.
The ratio of remuneration received by male and female employees is one-to-one (1:1). This means that there is no wage gap
for employees with the same position because the wage level is adjusted based on the position structure. The management
supervises the implementation of the policy on a regular basis to ensure that there are no violations. The supervision is carried
out by the Nomination and Remuneration Committee. Likewise, for the Board of Commissioners and the Board of Directors,
the remuneration provided is equal between men and women, in accordance with the achievement of predetermined KPIs.
[GRI 3-3, 202-1]

In providing the amount of basic salary, we always consider the provisions of the Regional Minimum Wage (“RMW”) determined
by the local government in each operational area. Similarly, the basic salary for contracted employees is above the RMW. This is
a form of our compliance with government regulations related to remuneration. Information regarding the comparison of the
lowest employee salaries with RMW is described as follows:

COMPARISON OF AVIA EMPLOYEE WAGES OF THE LOWEST LEVEL TO THE REGIONAL MINIMUM
WAGE [POJK F.20]

                     Lowest Wage of              Regional                The Ratio of the Lowest Wage of Permanent
 Operational
                  Permanent Employee          Minimum Wage             Employees To Regional Minimum Wage [GRI 202-1]
    Area
                         (IDR)                     (IDR)                                     (%)
 Surabaya                 4,800,000               4,525,479                                    106.07
 Sidoarjo                 4,600,000               4,518,581                                    101.80
 Serang                   4,650,000               4,492,961                                    103.50



                 Comparison of Salaries of Male and Female Employees at the Same Level
                 of Position [GRI 405-2]                                                                             1:1
The commitment to equal remuneration between men and women, as well as compliance with the RMW has also been
realized in TKTW and TKBI. We ensure that the average ratio of the lowest wages of TKTW and TKBI employees to the minimum
wage is above 100%.

In addition to fulfilling obligations to employees, the Company also rewards employees of certain levels, in the form of annual
bonuses, as a form of appreciation for the performance that they have produced. We also provide our employees with other
benefits to support their needs. Information on the benefits received by employees is described as follows:

BENEFITS RECEIVED BY EMPLOYEES OF THE COMPANY BASED ON EMPLOYMENT STATUS
[GRI 401-2]

                                                          Permanent Employees                    Contracted Employees
                 Type of Benefits
                                                         Male               Female              Male               Female
 Basic Salary                                             Yes                 Yes                 Yes                Yes
 Healthcare Social Security                               Yes                 Yes                 Yes                Yes
 Employment Social Security                               Yes                 Yes                 Yes                Yes
 Religious Holiday Allowance                              Yes                 Yes                 Yes                Yes
 Annual Incentive*                                        Yes                 Yes                 No                 No




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                                                         Permanent Employees                   Contracted Employees
                     Type of Benefits
                                                        Male              Female               Male              Female
 Meal Allowance and Transport                             Yes                Yes                No                  No
 Overtime Pay* and Night Shift*                           Yes                Yes                Yes                Yes
 Insurance*                                               Yes                Yes                No                  No


Notes:
*Only valid for employees of certain levels.


Annual Total Compensation Ratio [GRI 2-21]
The Company’s annual total compensation ratio is an indicator used to compare the highest remuneration received by
employees with the average remuneration received by employees. The Company is mindful of this ratio and ensures that
compensation is always proportionate to the Company’s performance and fairly reflects their contribution to the achievement
of the Company’s long-term business objectives. The Company also observes compliance with prevailing laws and regulations
in determining compensation ratios to ensure transparency and accountability in the Company’s overall management.

In 2023, the ratio of the highest annual remuneration received by employees to the average remuneration of employees was
16.79 times with an increase in ratio of 0 times.



Policy against Child Labor and Forced Labor [GRI 408-1, 409-1] [POJK F.19]

The Company is committed to complying with all provisions relating to employment, including the age of employees. Therefore,
we do not employ minors. The minimum age requirement for prospective employees of the Company is 18 years old. Until the
end of 2023, no child laborers were working in the Company, both in the Company’s operational environment and its supply
chain. [GRI 3-3, 408-1]

In addition, the entire process of employee recruitment, promotion, and transfer is always accompanied by agreement from
both parties. This is important to ensure that there is no coercion in the establishment of working relationships between
employees and the Company. The Company has a policy of prohibiting forced labour, i.e., any work or service to which a
person is compelled under threat of punishment. This has been implemented through the Forced Labor Prevention SOP
(AA-HRD-SOP-34). Based on this commitment, up until the end of 2023, no workers were forced to work at the Company, both
in the Company’s operational environment as well as its supply chain. [GRI 3-3, 409-1] [POJK F.19]



Freedom of Assembly and Association [GRI 407-1]

The Company strives to create a healthy and harmonious relationship with all employees. A realization of this commitment
is giving employees permission to participate in labor unions. Employee participation in the union is the full authority of the
employees concerned. The Company does not implement any policy prohibiting or preventing employees from participating
in labor unions. As of the end of 2023, the number of AVIA permanent employees who are members of labor unions reached
415 people in the SPI Union of PT Avia Avian Tbk Large Family Association which was registered on March 18, 2008 and
52 people in the PB.GB.IK Union. Sarbumusi PT Avia Avian Tbk which was registered with the relevant agencies on
March 10, 2008, representing 76.55% of the total employees of AVIA. [GRI 2-30, 3-3, 407-1]

We have accommodated the labor unions within AVIA to conduct meetings to communicate between management and
employees. This process has been carried out periodically every 6 months. In 2023, matters of discussion included support for
organized sports activities, such as badminton, table tennis, gymnastics, and futsal.

Meanwhile, the elements that deliberate the rights and obligations between the Company and employees have been contained
in the Company Regulations. All employees of the Company have known and are bound by the Company’s Regulations.




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Operating Hours of the Company

The Company’s operational hours are in accordance with the operational hours policy, where AVIA adopts a working time
of 8 hours per day and 5 days per week or 40 hours per week and for TKTW and TKBI, the working time for employees in the
office administration section is 8 hours per day and 5 days per week or 40 hours per week and the operational section in each
branch adopts a working time of 7 hours a day for Monday-Friday and 5 hours for Saturday, bringing the total to 40 hours per
week. With these working hours, AVIA employees have 2 days of rest per week, while TKTW and TKBI employees for the office
administration section have 2 days of rest per week and for the operational section have 1 day of rest per week. Each employee
is also entitled to 12 days of leave per year.

Meanwhile, in certain work units and employee levels, AVIA implements a shift work system, whose arrangements are
adjusted to work conditions. With this arrangement, if there is excess working time, it will be calculated as overtime work
which compensation and benefits are in accordance with labor regulations regarding overtime. In addition, we also provide
opportunities for employees to rest at certain hours. [GRI 409-1] [POJK F.19]



Minimum Notification regarding Changes in the Work Environment [GRI 402-1]

In an effort to create harmonious industrial relations between the Company and employees, we always build and maintain
effective communication. With regard to highly significant operational changes, such as closure, expansion, merger, new
opening, outsourcing of operations, restructuring, or sale of all or part of the organization that may impact the employees,
particularly mass termination of employment, the Company always complies with the prevailing laws and regulations, such
as Government Regulation No. 35 of 2021 on Fixed-Term Employment Agreement, Outsourcing, Working Time and Rest Time,
and Termination of Employment. [GRI 3-3]



Maternity Leave [GRI 401-2, 401-3]

The Company respects the reproductive rights of our employees, both for female employees who are expecting and preparing
for delivery as well as male employees who accompany their spouses during labor. In accordance with applicable laws and
regulations, we provide female employees with the right to maternity leave for 90 calendar days for labor preparation and
postpartum recovery, and provide dispensation for male employees to accompany their spouses for 2 consecutive working
days. This policy is a form of the Company’s commitment to supporting the involvement of both parents in balanced childcare
and supporting the fulfillment of employees’ mental and physical health by providing time for recovery. Throughout 2023,
67 AVIA, TKTW, and TKBI employees (excluding outsourced employees) applied for maternity leave and 63 male employees
applied for dispensation. Of these, 27 or 40.30% of the female employees have returned to work in the reporting year and
the rest will return in the coming year, at the end of the leave period. As for the male employees, all of them have returned
to work in the reporting period. Further information is described as follows:

TOTAL EMPLOYEES WHO TOOK DISPENSATION/MATERNITY LEAVE [GRI 401-3]
                                                2023**                                  2022**                                  2021*
          Description
                                 Male    %      Female    %      Total   Male    %      Female    %      Total   Male    %      Female    %      Total

Employees entitled to
                                 63     48.46    67      51.54   130      26    52.00     24     48.00    50      44    72.13     17     27.87    61
dispensation/maternity leave
Employees exercising
                                 63     48.46    67      51.54   130      26    52.00     24     48.00    50      44    72.13     17     27.87    61
dispensation/maternity leave
Employees returning to work
during the reporting period
                                 63     70.00    27      30.00    90      26    59.09     18     40.91    44      44    75.86     14     24.14    58
following their dispensation/
maternity leave
Employees returning to work
following their dispensation/
                                 63     70.00    27      30.00    90      26    59.09     18     40.91    44      44    75.86     14     24.14    58
maternity leave, who are still
employed 12 months thereafter

Notes:
* AVIA and TKTW; and
** AVIA, TKTW, and TKBI.




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Employment Disputes and Complaints

Employees may submit employment complaints to their supervisor, through the complaint form they can access 24/7, or
by filling in the suggestion box provided at each plant as stipulated in the Complaint Management SOP (AA-HRD-SOP-28).
The Company warrants the right of all employees to submit complaints without threats or intimidation. The settlement of
complaints is facilitated by the Human Resource & General Affair (“HRGA”) Department by appointing a Complaints Team
that will take further action to find solutions to the complaints, including escalation to the Bipartite Cooperation Institution if
necessary. As a proactive measure, the Company also conducts a yearly employee complaint survey.



Anti-Harassment Policy

We recognize that there is a risk of discrimination, harassment, and sexual violence against all employees, both within our
Company and at our suppliers. To prevent and protect all employees from harassment, we impose strict sanctions on anyone
found guilty of harassment. The Company also builds a culture of mutual respect and cooperation. This policy applies to
all individuals in the company, to protect both male and female employees within the Company, as well as to protect all
employees from unwanted treatment and to report incidents related to such harassment. Anyone found to have committed
serious harassment will be dismissed, and the same applies to representatives of suppliers and partners.

Reports of harassment can be submitted through the Company’s complaint box or survey, as well as the Company’s
Whistleblowing System. Each report will be verified and followed up professionally by the Internal Audit Unit and Complaints
Team. Regarding report submission, the Company also guarantees the confidentiality of the reporting party and always
provides support or assistance for victims. In the last 3 years, the Company has not received any reports related to harassment
that occurred in the Company’s work environment.




Occupational Health and Safety
Management
In line with fair and responsible labor management, we constantly prioritize efforts to create a decent, safe and healthy work
environment in accordance with the principles of Occupational Health and Safety (“OHS”) to achieve the target of zero accidents.
Therefore, we continue to foster OHS culture through the implementation of policies, procedures, and safety standards in all of
the Company’s work areas. In addition, we also fulfill the rights of all employees related to OHS, including the right to obtain all
information and explanations on occupational hazards and how to tackle them, the right to obtain OHS facilities, and the right
to participate in OHS activities in the workplace. The OHS management that we consistently prioritize allows all employees to
work optimally without worrying about unwanted things, such as occupational illnesses and work accidents, whether in the
mild, moderate, severe, let alone fatal categories. For us, any incident of work accidents or occupational illnesses in any form
must be prevented. In addition to potentially reducing work productivity, such incidents can cause moral and material losses.
[GRI 3-3] [POJK F.21]



Occupational Safety and Health Management System [GRI 403-1, 403-4, 403-8]

As a guide to the commitment and direction of implementing the Occupational Safety and Health Management System
(“OHSMS”), the Company established the Company’s Sustainability Policy, specifically the Social, Labor, and Human Rights
Pillars, which reads:
1. Providing safe and healthy working environment conditions to eliminate hazards and reduce OHS (Occupational Health
     and Safety) risks;
2. Ensuring proper and regular participatory consultation processes with all stakeholders; and
3. Providing funds and commitment to support the improvement of knowledge, skills, and competence of company
     personnel.




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This policy is a manifestation of the Company’s commitment to protect all employees, partners, and visiting guests. The
implementation of OHSMS is always carried out in accordance with international standards, laws and regulations, and relevant
global safety standards. The Company has also developed and implemented SOPs concerning work environment control. In
line with that, we also strive to continuously build an OHS-conscious culture in all lines and production units through briefings,
promotions, socialization, and safety talks that are implemented in daily operations. [GRI 3-3]

The Company’s management also at all times provides the necessary resources to implement OHSMS effectively and
comprehensively. By implementing the Management System and establishing the OHS Organization, we ensure sufficient
competence and resources are available in relation to OHSMS. Evaluation of the effectiveness of OHSMS implementation is
also carried out periodically to ensure that all of the Company’s standards have been implemented properly. In 2023, internal
audit and inspection activities have been carried out in the form of safety patrols and evaluation of OHS and environmental
awareness. In line with that, the Company has also obtained ISO 45001:2018 on Occupational Health and Safety Management
System since 2020, to ensure optimal management of OHSMS in accordance with the standards. [GRI 3-3]


OHSMS Responsibilities

Management of OHSMS implementation in the Company’s area of work is the responsibility of the Director. In its implementation,
the Director is supported by the Occupational Health and Safety Committee (OHSC). More detailed information about the
Company’s OHSMS management structure is described as follows:


                                                                               Chairman

                                                                      Robert Christian Tanoko
                                                                      (Chief Operating Officer)


                                                                         Deputy Chairman

                                                                             Iwan Sigit
                                                                    (Deputy Operational Director)
                                                                                                                                         Secretary

                                                                                                                                    Indra Jaya Kurniawan
                                                                                                                                       (EHS Manager)
                                                                          EHS Coordinator

                                                                              Eko Hajar P.
                                                                            (QAS Manager)



                                                                                                                                             Pump
  Emergency         Firefighting       Health &        Chemicals                                          Emission
                                                                       Floor Warden       Security                         Electrical      Operation        First Aider
   Response             Team         Environmental     Handling                                            Control
                                                                        Coordinator     Coordinator                       Coordinator      & Hydrant       Coordinator
  Coordinator       Coordinator       Coordinator     Coordinator                                        Coordinator
                                                                                                                                          Coordinator


                                                                                                                                            Hendrik P
   Budi Santosa    Muchtarom Sahri      Indranila     David Johan      Adry Permana    Amir Machmud       Maria Nicolas   Ainur Rofiq                    Miftakul Himmah
                                                                                                                                          (Maintenance
 (Prod. Manager)     (EHS Staff )    (Deco Manager)    (QC SPV)       (HRGA Manager)   (Legal Manager)   (Eng. Manager)   (Eng. SPV)                     (Paramedic Staff )
                                                                                                                                            Manager)




We ensure that all OHSC members possess competence and expertise that are relevant to the Company’s needs. This is an
essential priority for us in achieving our target of creating a decent, safe, and healthy working environment with zero fatal
accidents. In carrying out these responsibilities, the OHSC can hold regular quarterly meetings, with the main agenda being
programs on OHS, findings and development of OHSMS, as well as employee participation and consultation of OHS issues in
the current month. The program is implemented across all employee levels, regardless of gender.

Hazard Identification, Risk Assessment, and Investigation [GRI 403-2]
In implementing OHSMS, the Company conducts hazard identifications, risk assessments, and develops action plans to prevent
accidents and occupational diseases based on the risk control hierarchy. The Company has also implemented procedures
for reporting, investigating, and following up on any work accidents to prevent similar incidents from recurring. Significant
hazards in the Company’s activities are occupational hazards associated with materials and processes that include the use of
chemicals in the workplace. Risk hazard identifications and controls are described as follows:




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                                          HAZARDOUS ACTIVITIES [GRI 403-7]


                          Location               Type of Hazard                              Personal Protective Equipment (PPE)
                          RDI - Resin            •   Overheating reaction process;           •   Boots;
                                                 •   Hot chemicals;                          •   Safety goggles;
                                                 •   Water bath/heating mantle; and          •   Respirator;
                                                 •   Fire.                                   •   Rubber gloves; and
                                                                                             •   Work apron.



  Polymerization/         Elimination and Control
   Esterification         • Providing active fire extinguishing system in the form of smoke detector and water sprinkler;
      Process             • Installing local exhaust;
                          • Using insulating materials to reduce heat;
                          • Providing appropriate working facilities, training, and socialization of the Safety Data Sheet (“SDS”) on each
                            hazardous chemical and controlling its use in accordance with the SDS; and
                          • Providing workplace chemical storage and handling facilities and emergency equipment.



                          Location               Type of Hazard                              Personal Protective Equipment (PPE)
                          Metal Prod - Kerinci   • Cut or clamped hands; and                • Safety gloves; and
                                                 • Struck by falling heavy objects (cutting • Safety goggles.
                                                   sheet).


   Operating the          Elimination and Control
  Cutting Machine
                          Provide an emergency button on each cutting machine.



                          Location               Type of Hazard                              Personal Protective Equipment (PPE)
                          Paint Prod- Merapi     •   Exposure (contact) to chemicals;        • PPE special dust mask; and
                                                 •   Slipping/falling;                       • Safety goggles.
                                                 •   Exposure to dust and chemicals; and
                                                 •   Airborne hazards.

      Cleaning
  Processing Tanks        Elimination and Control
 (Work in Confined        • Maximizing the dust collector function;
      Spaces)             • Providing spill control kit (by a minimum of 2 people); and
                          • Using the gas detector.




Fire Prevention and Control
Potential fire in a paint manufacturing plant is a risk factor that must be eliminated to ensure employee health and safety as well
as the sustainability of the Company’s business. The fire risks may come from product lines, raw materials, liquids, equipment,
electrical currents, and others. To prevent and control these risks, we have implemented several measures as described below:
1. Identifying fire hazards and risks using the HIRADC (Hazard Identification Risk Assessment and Determining Control)
    method;
2. Providing active fire protection facilities (fire extinguisher, hydrant, fire alarm system, and sprinkler) based on the mapping
    of potential fire hazards analysis in accordance with applicable regulatory standards, as well as passive protection in the
    form of evacuation routes and building access;
3. Establishing an Emergency Response Team (“ERT”), i.e., a Workplace Firefighting Unit, in accordance with Minister of
    Manpower Regulation No. 186/1999;
4. The ERT conducts fire safety training periodically every 6 months;
5. Conducting periodic testing of electricity, lightning rods, and monitoring utility; and
6. Conducting periodic evaluations by carrying out inspections and audits to eliminate fire risks.




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Health Facilities and Access [GRI 403-3, 403-6]
To anticipate employees’ exposure to occupational illnesses, the Company makes various routine efforts, which include:



                     Participating the Company’s employees in health insurance, including insurance from the Social Security Organizing
                     Agency (Badan Penyelenggara Jaminan Sosial or ”BPJS”) in accordance with employment regulations, both the BPJS
                     Health and BPJS Employment.



                     Organizing annual medical check-ups that include physical examination, spirometry, thorax, complete urine,
                     complete blood, and audiometry. In 2023, the Company included all outsourced employees in the medical check-up
                     programs according to work exposures and risks.



                     Providing a First Aid (“First Aid”) Station that specifically provides first aid treatment in the event of a workplace
                     accident or an employee experiencing health problems in the workplace. This First Aid room actively operates during
                     the company’s manufacturing hours from 07:30 - 16:00 WIB with expert assistance, namely one doctor and one nurse.




                     Participating employees in private health insurance programs.




                                              Participation in BPJS Health is not only limited to employees, but also
                                              includes enrolling employees’ family members in the National Health
                                              Insurance Program - Healthy Indonesia Card (Jaminan Kesehatan Nasional –
                                              Kartu Indonesia Sehat or “JKN-KIS”) in accordance with the provisions of Law
                                              No. 24 of 2011. In 2023, the program has covered all employees and their
                                              family members.




Building a Culture of Occupational Health and Safety [GRI 403-5]
In order to increase the understanding and awareness of employees, the Company organizes training activities related to OHS
as necessary. Emergency response preparedness training is conducted through firefighting training, every 3 months for light
fire extinguishers (alat pemadam api ringan or “APAR”) and every 6 months for fire hydrants, at both Sidoarjo and Serang plants.
Evacuation drills are held every 6 months to see the employees’ response in the event of a fire or earthquake. In addition,
training on the management of waste and toxic hazardous materials spills is also carried out every 6 months.

In addition to organizing OHS-related training, the Company also carries out other programs in an effort to build
OHS culture, such as regular briefing, 5R training and clean-up, socialization, placement of hazard signs, use of CCTV, and
use of PPE.


Occupational Health and Safety Performance [GRI 403-9, 403-10]
We have implemented OHSMS with consistency and discipline to ensure a safe and proper working environment for all
employees. In addition to optimizing the role of OHSC as a specific organ responsible for OHS management, all employees are
also involved and responsible for their own health and safety, as well as potential accidents in their surroundings. We continue
to strive to record positive OHS performance in achieving zero accident and zero fatality targets. In 2023, the Company
received the zero-accident award from the Governor of East Java for the Company’s achievement in recording zero Lost Time
Injury (“LTI”).




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                                                                                Painting a Beautiful Picture of Indonesia
                                                                 Maintaining the Growth of the Company’s Personnel



The Total Recordable Injury Rate (“TRIR”) figure for 2023 increased from the previous year due to an increase in road traffic
accidents that occurred in the Subsidiaries, namely TKTW and TKBI. Mitigation efforts undertaken by the Subsidiaries to reduce
accidents are by conducting safety driving socialization and training for all drivers on a regular basis. Nevertheless, neither the
Company nor its Subsidiaries recorded any Number of Fatality. Information on OHS performance data over the past 3 years is
described as follows:

OCCUPATIONAL HEALTH AND SAFETY PERFORMANCE DATA [GRI 403-9, 403-10]

                         Performance Indicator                               2023**              2022**              2021*
 Employees who obtained MCU (People)                                             1,380              1,127                 1,166
 Total Recordable Injury Rate                                                     2.16                2.01                 2.40
 Number of Fatality                                                                    0                0                      0
 Fatal Incident Rate                                                                   0                0                      0
 Total Recordable Illness Rate                                                         0                0                  0.10
 Total Recordable Incident Frequency Rate                                         2.69             1.74***                 2.30
 Number of Accident (People)                                                          46               34                   42
 Total Manhours Worked (Hours)                                             16,871,767          14,959,320          16,428,547


INVESTMENT IN OCCUPATIONAL HEALTH AND SAFETY


                                            2023                               2022                               2021


                                            886                              841                              4,399
                                       Million Rupiah                     Million Rupiah                      Million Rupiah

Personal Protective Equipments :            886                                657                                  989
Management of Covid-19**       :              0                                184                                3,410


Notes:
* The Company and TKTW;
** The Company, TKTW, and TKBI; and
*** Data restated.




Complaints on Labor and OHS Issues [GRI 2-25]
Complaints on issues related to employment and occupational health and safety can be submitted through a ballot box or
a complaint survey periodically conducted by the Company. Every incoming complaint will be processed and followed up
properly and professionally. In addition, labor unions within AVIA also serve as a medium for employees to submit complaints
related to labor and OHS, which will be a topic of consultation and negotiation with the Company in regular meetings every
6 months.

During the last 3 years, the Company has not received any reports related to labor issues and occupational health and safety.
[GRI 2-16]




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Community
Social
Development




“Our social community development
programs, entitled Avian Brands Peduli, are
a platform for us to positively contribute to
fostering the growth, independence, and
welfare of the surrounding communities
and environment. For us, independent
communities and thriving environments are
some of the most important parts in
measuring the continued success of our
performance.”




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OUR ACHIEVEMENT                                                             [GRI 3-3]




  Implementation of the Company’s                    The Petik Laut program,
                                                                                                    The Company’s support
     CSR programs increased by                             one of the                        in improving education quality has
                                                      Company’s Flagship
        262.96%                                          CSR Programs
                                                in the environmental sector, has
                                                                                                  been realized through the
                                                                                                      Avian Berbagi Ilmu
                                                                                                     program, organized in
              to a total of
                                                       been conducted in                         2 schools and 1 university. In

          98                                                                                     addition, the Company also

                                                              11
                   programs,                                                                awarded scholarships for employees’
   compared to the previous year’s                                                            children and provided internship
          27 programs.                            different cities in Indonesia.                        opportunities.




                        In line with the Sustainability Policy, the Company always respects the rights of local communities,
                        including indigenous and traditional communities, resulting in zero violations of the rights of
                        indigenous or local communities around the Company’s operational areas throughout 2023.




Community Development Strategy [GRI 413-2]
The Company understands that its presence in society must provide value for the welfare of the surrounding communities.
Therefore, the Company actively contributes to improving and empowering communities to tackle various social, economic,
and environmental issues. The Company’s community development and social responsibility activities are not limited to the
communities surrounding our plants, but extend to various regions in Indonesia.

Our operational activities, especially paint manufacturing at the plants, carry the risk of adverse impacts on the activities and
lives of local communities. It is undeniable that if our operations are not carried out in accordance with applicable regulations
and sustainable practices, they will potentially cause negative impacts on the community, such as noise, pollution, and so on.
Therefore, we always comply with all applicable rules and regulations as well as carry out business activities that emphasize
accomplishing sustainable performance. [GRI 3-3]

We realize our accomplishment in sustainable performance by aligning economic, environmental, social and governance
performances. Therefore, we always strive to conduct business activities that not only generate positive economic performance,
but also provide extensive benefits and bring added value to local communities. We proactively strive to improve the welfare
of the surrounding communities to ensure that they have a prosperous and sustainable future. We realize such commitment
by providing job opportunities for the community, product innovations that benefit Indonesian consumers, and undertaking
Corporate Social Responsibility (“CSR”). [GRI 3-3]




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                                                                                         Community Social Development



The CSR programs we implement are aligned with the needs of the surrounding communities, to ensure more meaningful
and positive impacts. Moreover, through the implementation of sustainable CSR programs, the Company also supports the
achievement of Sustainable Development Goals that are also part of the national and global development agenda. The
Company is committed to improving the standard of living by encouraging businesses that positively impact the community.
This is channeled through a framework of CSR activities entitled ‘Avian Brands Peduli’. Avian Brands Peduli was established as a
form of the Company’s concern for the people of Indonesia by undertaking social responsibility in education, environment,
and disaster response. [GRI 3-3]

The implementation of the CSR program in the Company is conducted by the CSR Committee which is directly responsible to
the Board of Directors. Further information on the management structure of the Avian Brands Peduli program is described as
follows:
                             ORGANIZATIONAL STRUCTURE OF CSR COMMITTEE

                                                   Vice President Director


                                                 Deputy Marketing Director


                                                     Marketing Manager


                                           Marketing Communications & CSR SPV


                                          Marketing Communications & CSR Staff


We ensure that the people in charge of managing the Company’s CSR activities possess competence and expertise relevant to
the Company’s needs. This is an important priority for us because, in addition to the responsibility of managing Avian Brands
Peduli programs, the CSR Committee is also responsible for ensuring the effectiveness of Avian Brands Peduli programs, in line
with the established targets to improve the alignment of Avian Brands Peduli programs with the needs of the surrounding
communities. [GRI 3-3]


                                        CSR PILLAR AVIAN BRANDS PEDULI




              Education                                 Environment                             Disaster Response
          The Company believes                         The Company realizes
        that higher quality Human                that the potential development                  The Company continues
          Resources (“HR”) would                   of the environment is directly          to assist those in need according to
     result in a competent and highly           proportional to the opportunity to         the requirements and conditions of
         competitive community.                       minimize environmental                           each incident.
      Therefore, the following three              impacts. We believe that these
         points are the Company’s                   would be able to bring the
     key foundation in improving the             community to a better standard
                quality of HR.                                of living.



                                                 Improvement on the Environment
           Quality of Education
                                                 Tourism Development                                Disaster Mitigation
           Scholarship
                                                 Minimizing Impacts on the                          Blood Donation
           Training and Skills
                                                 Environment




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Supporting the Community [GRI 413-2]

                                             Pillars of Education [GRI 413-1] [POJK F.25]
Throughout 2023, the Company carried out various CSR programs related to supporting the development of quality human resources in
order to create competent communities with high competitiveness. Some of these programs are described as follows:
Painting of the Sukma Bangsa School, Lhokseumawe




The Company provided assistance to Sukma Bangsa School, Lhokseumawe, which was established by Media Group as a humanitarian
response in the wake of the 2004 earthquake and tsunami in Aceh. We provided the school, which consists of an elementary school, junior
high school, and senior high school, with assistance in the form of wood and metal paint, interior paint, exterior paint, roof and zinc paint,
and thinner with an allocated fund of IDR164.24 million.
Providing Paint Assistance to Islamic Boarding School Dormitories and Study Rooms of Madrasah Darussalam, Pontianak




The Company provided assistance to the Islamic Boarding School Dormitories and Study Rooms of Madrasah Darussalam, Pontianak,
which were established as an institution to improve the education of children from rural families, who primarily work as manual laborers
and farmers, and are not concerned with education. Therefore, we were motivated to help by donating wall paint, base paint, wood and
metal paint, waterproofing, thinner, and paint brushes with an allocated fund of IDR13.76 million.
Painting of the Sidomulyo Special Needs School in Collaboration with the Indonesian Red Cross (Palang Merah Indonesia or
“PMI”), Lampung




The Company provided assistance to Sidomulyo Special Needs School, Lampung. The activity, jointly organized with the Indonesian Red
Cross, provided assistance in wall paint and thinner with an allocated fund of IDR17.07 million.




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                                             Pillars of Education [GRI 413-1] [POJK F.25]
Painting the Walls of Kelapa Kampit Junior High School 3, East Belitung




The Company provided assistance to Kelapa Kampit Junior High School 3, East Belitung, in improving the quality of its facilities, to
facilitate the teaching and learning process for its students and teaching staff. We provided assistance in the form of 100 kg of Avitex Gold
exterior and interior wall paint, 84 kg of Avitex Alkali Resisting Primer, and other supporting painting supplies with an allocated fund of
IDR5.37 million.

Providing Paint for Painting of Surabaya Vocational High School 13




The Company provided assistance to the Surabaya Vocational High School 13 in order to revitalize and enhance the appearance
of the school’s aging buildings. We provided assistance in the form of 10 pails of Avitex Eksterior paint with an allocated fund of
IDR10.99 million.

Scholarship for Excelling Employees’ Children, in the framework of AVIA Anniversary




The Company granted scholarships to 18 excelling children of our employees on November 11, 2023, coinciding with the main event
of Avian’s 45th Anniversary. Not only as a form of appreciation, the scholarships were also a manifestation of the Company’s concern to
support Indonesian educational progress. Education is a pillar of the country’s advancement - not only does it produce qualified human
resources that can compete globally, but it can also alleviate poverty and improve the welfare of society. Through the scholarships, we
hope that the employees’ children are increasingly motivated to learn and improve their academic performance.




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                                             Pillars of Education [GRI 413-1] [POJK F.25]
Avian Berbagi Ilmu at Buduran Vocational High School 1, Sidoarjo




On May 26, 2023, the Company conducted CSR in Education under the theme ‘Avian Berbagi Ilmu’ by organizing Public Speaking and
Workforce Preparation Training for students of Buduran Vocational High School 1, Sidoarjo. We chose this vocational school because, in
addition to its students preparing for the workforce, the school’s location is the nearest to the Company, therefore the benefits we provide
could have a direct impact on our surrounding community.
Avian Berbagi Ilmu at Surabaya Vocational School 13




The Company organized training on Industrial Workforce Preparation for students of Surabaya Vocational School 13. This event
demonstrates that the Avian Berbagi Ilmu program is not only aimed at communities around our operational areas, but also extends to
other regions.
Avian Berbagi Ilmu at Widya Mandala Surabaya University
The Company organized educational training on workforce preparation for students of Widya Mandala Surabaya University. This training
was conducted online.
Internship Program
In addition to conducting training, the Company also supports the improvement of education quality through internship programs for
vocational school and university students. Throughout 2023, the Company accepted 26 interns with an allocated fund of IDR108.88 million.



                                           Pillars of Environment [GRI 413-1] [POJK F.25]
Throughout 2023, the Company carried out various CSR programs related to supporting the improvement of environmental potential, in
order to minimize environmental impacts and develop tourism in local communities. Some of these programs are described as follows:
Avian Brands Peduli Supporting the Annual Petik Laut Event with Coastal Communities in Indonesia
The Company acknowledges the crucial role of the fishing communities in Indonesia - a country that is predominantly comprised of waters.
Therefore, the Petik Laut event or painting of fishing boats are some of the priority programs that we organize every year. Furthermore,
Petik Laut is also a traditional ceremony that has become a cultural heritage and holds great value among coastal communities.




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                                          Pillars of Environment [GRI 413-1] [POJK F.25]
Throughout 2023, we supported the Petik Laut events in various regions in Indonesia as described below:
• Petik Laut at Pelabuhan Ratu, Sukabumi
  Pelabuhan Ratu in Sukabumi is famous for its coastal tourism. Communities living around Pelabuhan Ratu are mostly fishermen who
  celebrate National Fishermen’s Day every year. At the event, we supported the painting of 100 fishing boats.




                                                                           “ Thank you Avian Brands for the CSR activity
                                                                             conducted in Pelabuhan Ratu today. We
                                                                             fishermen are happy to have our boats painted
                                                                             new again”, said a fisherman.




• Petik Laut at Pagatan Beach Festival, Batulicin
  Mappanre Ri’tasie Festival (Pesta Laut Mappanre Ri’tasie) is recognized by the people of Tanah Bumbu as a traditional Bugis festival
  passed down from generation to generation, as a form of gratitude for the bountiful harvest of the sea. The Festival is held every April
  at Pagatan Beach, Tanah Bumbu Regency, South Kalimantan. At the event, we supported the painting of 100 fishing boats.




                                                                           “ On behalf of the people of Tanah Bumbu
                                                                             Regency, I would like to thank Avian Brands
                                                                             for the assistance in painting our villagers’
                                                                             boats to celebrate the Mappanre Ri’tasie
                                                                             Festival. Hopefully, with this celebration,
                                                                             the people of Tanah Bumbu will continue to
                                                                             receive abundant blessings and prosperity”,
                                                                             said Hasanuddin AM, a member of Tanah
                                                                             Bumbu Regency regional parliament.



• Petik Laut at Pugerkulon Village, Jember
  Pugerkulon Village in Jember is a coastal village where residents annually organize Petik Laut in the month of Muharram. Petik Laut at
  Pugerkulon Village is organized by the local Village Government, inviting all residents to participate and celebrate the event. Here, we
  provided support for the painting of 100 fishing boats.




                                                                           “ On behalf of the fishermen here, I would like
                                                                             to thank Avian Brands for their participation
                                                                             in celebrating the Petik Laut event in Puger
                                                                             Kulon. Praise the Lord, thanks to the support
                                                                             from Avian Brands, my friends feel proud to
                                                                             have been able to paint our boats new again”,
                                                                             said a fisherman representative.




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                                            Pillars of Environment [GRI 413-1] [POJK F.25]

• Petik Laut at Segara Village, Bekasi
  Segara Village in Bekasi organizes the Petik Lauk event as a form of gratitude for the local fishermen. As a manifestation of our
  commitment to the welfare of the fishing community, we managed to restore 300 fishing boats and the bridge of love to look new
  again.




                                                                              “ On behalf of the fishermen, I would like
                                                                                to thank Avian Brands for distributing the
                                                                                paint to turn our dull boats back into color.
                                                                                Avian Brands paint has brighter colors and
                                                                                sticks better than other paint products”, said
                                                                                Riyanto, a fisherman.




• Petik Laut at Grajagan, Banyuwangi
  Petik Laut is routinely held by fishing communities all over Java Island, including in Grajagan Village. The main purpose of this event is to
  show gratitude to God Almighty for the fortunes given through the sea. In the event, we supported the painting of 100 fishing boats.




                                                                              “ We, as the fishermen of Grajagan and the
                                                                                organizing committee of the 2023 Petik Laut,
                                                                                hope that Avian Brands can provide more
                                                                                support in the future compared to this year
                                                                                and the previous years”, said the treasurer
                                                                                of the fishermen of Grajagan Village, Faisol
                                                                                Hermansyah.




• Petik Laut of Pangandaran Coastal Communities, Tasikmalaya
  Pangandaran is a favorite tourist destination for the people of East Priangan, West Java. Therefore, we came to provide support for
  the economic sustainability of the coastal communities, especially fishermen in the Pangandaran area, to ensure that the economic
  activities in this area continue to function while also attracting more tourists. Coinciding with the Hajat Laut, a procession of gratitude
  held once a year in the month of Suro, we provided support for the painting of 50 fishing boats.




                                                                              “ I am grateful and thankful to Avian Brands for
                                                                                helping the people of the Pangandaran area,
                                                                                and sponsoring the repainting of our fishing
                                                                                boats”, said Endi, Head of Pangandaran Kulon
                                                                                Coastal Fishermen.




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                                           Pillars of Environment [GRI 413-1] [POJK F.25]

• Petik Laut at Dermaga Kolo Pemecah Ombak, Bima




  Kolo Beach is a prominent tourist attraction in the West Nusa Tenggara region, offering beautiful seascapes, underwater charms, and
  clean air that provides a breezy coastal atmosphere. As a form of our contribution and concern for the potential of nature and the
  communities around Kolo Beach, we supported the Petik Laut event by painting 100 fishing boats.


• Petik Laut and Pesona Selat Lembeh Festival, Manado




  We provided support to the Petik Laut and Pesona Selat Lembeh event in Manado. It is a folk festival that not only showcases the beauty
  of nature and the charm of marine life, but also plays a crucial role as the driving force of the region’s economy. We were there to support
  the festival by providing wall paint, wood and metal paint, thinner, and other supporting equipment with a value of IDR83.67 million.


• Petik Laut at Pagagan Village, Pamekasan




  We provided support for the Petik Laut event in Pamekasan entitled Warna-Warni Pengecatan Perahu Nelayan by providing paint,
  thinner, and other supporting equipment with a value of IDR38.45 million.




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                                          Pillars of Environment [GRI 413-1] [POJK F.25]

• Petik Laut at Lela Village, Maumere




  We provided support for the Petik Laut event in Maumere by providing paint, thinner, and other supporting equipment with a value of
  IDR64.01 million.


• Petik Laut at Lampu Satu Beach, Merauke




  We provided support for the Petik Laut event in Merauke by providing paint, thinner, and other supporting equipment with a value of
  IDR48.50 million.

Painting of Kampung Nelayan Maju and Mural Competition for 2023 Walikota Cup, Pekalongan
In conjunction with the 2023 Walikota Cup event in Pekalongan, the Company also participated by painting the Kampung Nelayan Maju
and the Mural Competition. To support the event, we provided support of 80 kg of exterior paint, 87 kg of Avitex Alkali Resisting Primer,
and 250 kg of Avitex Gold exterior and interior multifunctional paint. This program is a form of our concern for the improvement of public
facilities and social activities.




                                                                          ” For our murals, we use Avian paint, as it is
                                                                            very easy to use for mural painting. The light
                                                                            color can cover the old color”, said Ateng, the
                                                                            runner-up of the Mural Competition.




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                                           Pillars of Environment [GRI 413-1] [POJK F.25]
Paint Support for 4 Locations with Habitat for Humanity Indonesia
Commemorating the Sumpah Pemuda Day (Youth Pledge Day) on October 28, 2023, the Company took part in CSR activities with Habitat
for Humanity Indonesia, namely the construction of residential houses and Early Childhood Education (Pendidikan Anak Usia Dini or
“PAUD”) facilities under the theme “28UILD”. In this activity, carried out simultaneously in 4 locations, namely Mauk, Yogyakarta, Gresik,
and Batam, we donated wall paint as well as wood and metal paint to coat the houses and PAUD buildings.

The total paint assistance we provided amounted to 291 gallons of Avitex Gold Wall Paint, 345 cans of Avian Cling Synthetic, and 55 Avian
Thinner B Asli with an allocated fund of IDR82.83 million. The 28UILD program is an annual Habitat for Humanity event, which this year
involved 529 volunteers across 4 locations to build and paint 75 houses, 14 schools including PAUD, and 5 public facilities.




                                                                           “ I am a fisherman with no steady income. I had
                                                                             never imagined that I could build a decent
                                                                             house for my family. Therefore, I am very
                                                                             grateful to the volunteers and donors who
                                                                             have built my house”, said Didik, a resident.




Painting of the Pilgrimage Site of the Statue of Mary, Lady of All Nations, Maumere




The Company supported the Indonesian communities’ religious activities through the CSR program of painting a place of worship and
pilgrimage, of the statue of the Mother Mary in Maumere, East Nusa Tenggara. We provided assistance in the form of 75 kg of Avitex Eksterior
along with painting equipment with an allocated fund of IDR3.41 million. The painting process was done by volunteers from the local area.
Painting of the Amir Hamzah Lambunga Grand Mosque, Maumere




Amir Hamzah Lambunga Grand Mosque is one of the largest mosques on the island of Adonara, Maumere, which is currently under
construction. To support the construction process, we provided assistance in the form of exterior wall paint and thinner with an allocated
fund of IDR17.13 million




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                                            Pillars of Environment [GRI 413-1] [POJK F.25]
Painting of the Lumajang Kodim Building, Probolinggo




The Company consistently maintains good relations with all stakeholders, including government officials. On this occasion, we also
supported the building repair and renovation program at Makodim 0821 and Koramil Jajaran Kodim 0821 Lumajang. We provided
assistance in the form of wall paint, with a value of IDR27.43 million.
Painting of the Water Ski and Wakeboard Venues, Special Capital Region (Daerah Khusus Istimewa or DKI) Jakarta




The Company supported the improvement of the quality of facilities and infrastructure of Water Ski and Wakeboard venues, one of the
sports venues in DKI Jakarta. We provided assistance in the form of exterior wall paint, base paint, wood and metal paint, and boat paint
with a value of IDR49.94 million.
Providing Paint Support for Mural Competition at Culinary Festival with Cleo, Bandung




Cleo organized the Mural Competition program as one of the activities in the Cleo Culinary Festival. This competition is intended specifically
for teenagers and adults as a platform to express themselves through mural art. To support the competition and as an effort to encourage
creativity, we provided support in the form of wall paint for the murals, as well as prizes for the winners, with a value of IDR17.31 million.




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                                          Pillars of Environment [GRI 413-1] [POJK F.25]
Providing Paint Assistance for Homes of Veterans and Elderly Dhuafa, South Bandung




The Company, in collaboration with JBR Niza Bandung, supported the renovation of Veterans’ homes by donating colorful paints. In
addition, we also donated paint to enhance the homes of the elderly Dhuafa in Bandung on Indonesian Independence Day. In this
program, we provided assistance in the form of 84 kg of Avitex Alkali Resisting Primer base paint, 200 kg of Cat Tembok Avitex Gold, 17 kg
of Avian Cling Synthetic, 4 liters of thinner, and painting equipment with a value of IDR9.96 million.
Community Empowerment for Utilization of Economically Valuable Waste, Wadungasih Village Sidoarjo




The Company organized community empowerment programs that not only reduced the existing waste, but also utilized the
waste to be managed to provide added value and boost the income and living standards of the community around Wadungasih
Village. The aid, which amounted to IDR117.72 million, was used to grant 6,000 catfish seeds along with their feeds and ponds,
urban farming land along with fertilizer and vegetable seeds, 30 segregated rubbish bins, 4 aerobic composters, 1 leaf shredder,
and 60 kg of maggots including provision of bio pond production and cages. In addition, the Company also provided training and
support for the community, which later resulted in a new waste management group emerging in Wadungasih Village, known as
the Composter Group.




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                                         Pillars of Environment [GRI 413-1] [POJK F.25]
Paint Support for the Tresna Werda Budi Mulia Nursing Home and Tunas Bangsa Children’s Orphanage, Cipayung




The Company supported the improvement of facilities and infrastructure at Tresna Werda Budi Mulia Nursing Home and Tunas Bangsa
Children’s Orphanage, Cipayung, by donating 500 kg of Avitex Gold wall paint with a value of IDR16.56 million.
Supporting the 2023 River Function Revitalization Program (Sido Resik)




The Company supported the 2023 River Function Revitalization Program (Sido Resik), a priority program of the Sidoarjo Regency
Government. The support was in the form of 350 gallons/1,750 kg of paint and 500 t-shirts, with a value of IDR133.94 million. This CSR
assistance for the Sido Resik Program included 10 villages in Sidoarjo.
Engaging the Community for Planting and Tending of Trees on the slopes of Mount Arjuno, Pasuruan




As part of the Company’s efforts to protect the environment, in 2023, the Company planted and tended to 5,000 trees on the slopes of
Mount Arjuno. In this activity, the Company also engaged several parties, such as farmers, non-governmental organizations, regional
communities, community leaders, youth leaders, forest village community organizations, schools, and state enterprises.




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                                                                                                 Community Social Development



                                           Pillars of Environment [GRI 413-1] [POJK F.25]
Painting of the Harapan Bangsa Orphanage with PMI, Lampung




The Company provided assistance to Harapan Bangsa Orphanage, Lampung. In this activity, jointly organized with the Indonesian Red
Cross, the Company provided paint assistance with an allocated fund of IDR32.11 million.
Support to Mural Painting, Solo




In order to encourage creativity in the Indonesian art scene, the Company provided support in the form of paint for murals, totaling 15 kg
of paint with an allocated fund of IDR653.45 thousand. The product provided for the mural was one of the Company’s flagship products,
Avitex Gold - a multifunctional paint product for both exterior and interior use.
Painting of the Nur Al-Wahyu Mosque, Merauke




The Company assisted Nur Al-Wahyu Mosque, Merauke, in supporting their annual social service activities. The Company provided
support in the form of 200 kg of Avitex Eksterior, 9 liters of Avian Cat Kayu dan Besi, 6 kg of Boyo Politur Vernis Waterbased, thinner, and
painting equipment by Homecare with an allocated fund of IDR11.11 million.




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                                           Pillars of Environment [GRI 413-1] [POJK F.25]
Painting of the Chapel of Don Bosco Church, Semarang




The Company assisted the Chapel of Don Bosco Church, Semarang, in enhancing the church’s appearance, from its previous dull and
faded look to a brighter new look. The support provided by the Company was in the form of 15 kg of Avitex Gold, with an allocated fund
of IDR653.45 thousand.
Providing Paint Assistance for Arts Council’s Office, Pamekasan




The Company provided assistance to the Arts Council of Pamekasan in order to enhance the appearance of its office. The support provided
by the Company was in the form of 20 kg of No Drop and 22.50 liter of Avian Cat Kayu dan Besi (Wood and Metal Paint) with an allocated
fund of IDR3.15 million.
Painting of the Al-Maaidah Mosque, Bogor




The Company assisted Al-Maaidah Mosque, Bogor, in enhancing its appearance and improving the comfort of worshipers in performing
their prayers. Al-Maaidah Mosque is one of the local community’s centers of worship. The mosque has 3 floors - the ground floor is used for
community activities in the form of a hall, while the first and second floors are specifically used for praying. The support provided by the
Company was in the form of 900 kg of Avitex Gold and 105 kg of Avitex Alkali Resisting Primer with an allocated fund of IDR36.63 million.




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                                         Pillars of Environment [GRI 413-1] [POJK F.25]
Donating Sacrificial (Kurban) Animals




In addition to concern for the natural environment, the Company also constantly considers the social environment. The Company
implemented this by participating and contributing to the 2023 Eid al-Adha Celebration by donating Sacrificial Animals to 8 locations
around the Sidoarjo Plant operational area, including Binangun Indah Residence, Buduran Police Station, Buduran Koramil, Binangun
Village Mosque, Wadungasih Village Mosque, Binangun Village Musholla, Buduran Junior High School, and Dawuhan Sangon Mosque.
The donation of sacrificial animals amounted to IDR30.50 million for purchasing 9 goats.


                                     Pillars of Disasters Response [GRI 413-1] [POJK F.25]
Motor Pumps Support for Flood Mitigation, Wadungasih




The Company donated motor pumps to mitigate flood in the Wadungasih area. This donation has had an impact on preventing floods in
RW 03, RW 04, and one secondary school in Wadungasih Village, which also happens to be the Company’s main location.
Blood Donation




Throughout 2023, the Company conducted 3 blood donation activities for employees who were willing to donate blood. Blood donation
activities were carried out in March, June, and September, attended by 307 participants with an allocated fund of IDR21.35 million.




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CSR Implementation Cost
TOTAL CSR ACTIVITIES                                                                                          (dalam jutaan Rupiah)
                                                                         CSR Program            2023        2022        2021
                                                                    Education                     371         447           89
                     2023            2022            2021
                                                                    Environment                 2,455        1,430       1,006
                                                                    Disaster Response              55          61          828
                      98              27              13
                   Programs        Programs        Programs         Other CSR Activities             0         40             0
                                                                    Total CSR Cost              2,881       1,978       1,923




Protection of the Rights of Indigenous
Communities
Indigenous communities are a group of populations who inhabit certain geographical areas in accordance with their ancestral
origins. They have a distinctive socio-cultural and value system, sovereignty over their land and natural resources, and regulate
and manage the sustainability of their lives based on customary laws and institutions. The Company’s operational areas are not
located on indigenous communities’ lands or areas. Nevertheless, the Company always respects and values the protection of
the rights of local communities, including community groups with historical origins who have inhabited indigenous territories
for generations, as indicated by the Sustainability Policy which reads:


    “Respecting the rights of local communities, including indigenous and traditional
                                  communities.” [GRI 3-3]

In accordance with this commitment, during the reporting period, there were no incidents of violations related to the rights of
indigenous or local communities where the Company operates. [GRI 411-1]




Feedback on Corporate Social Responsibility
Programs [GRI 2-25] [POJK F.24]
We provide access for all stakeholders to report or submit complaints if the CSR program conducted by the Company is in
violation of ethics, integrity, norms, or suspected to involve violations. Reports may also be in the form of complaints from the
general public on operational activities performed by the Company, outside of environmental issues. In this regard, we routinely
visit village officials around the Company’s plant sites to gather reports and aspirations from the surrounding communities.

Any incoming complaint report will be processed and followed up properly and professionally. If necessary, the Company will
hold further face-to-face forums with the relevant parties to determine further the steps to resolve such problems.

All CSR programs carried out by the Company do not have significant adverse impacts on local communities, either actual or
potential. On the contrary, all of our CSR programs have positively impacted the local community. Over the past 3 years, we
have not received any material or significant complaints about CSR program issues. [GRI 2-16, 413-2]




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                                                                                  Community Social Development




Sustainability Report Responsibility


 Statement of Members of the Board of Commissioners and the Board of Directors
           on the Responsibility for the 2023 Sustainability Report of
                               PT Avia Avian Tbk


    We, the undersigned, hereby declare that all information in the 2023 Sustainability Report of PT Avia Avian Tbk
  (the “Company”) has been completely presented and we shall be fully responsible for the correctness of contents
                                      in the Company’s Sustainability Report.

                                 This statement is hereby made in all truthfulness.

                                             Surabaya, March 12, 2024



                                      THE BOARD OF COMMISSIONERS,




                Hermanto Tanoko                                     Mohammad Noor Rachman Soejoeti
              President Commissioner                                       Independent Commissioner




                                         THE BOARD OF DIRECTORS,




                  Wijono Tanoko                                                  Ruslan Tanoko
                 President Director                                           Vice President Director




  Robert Christian Tanoko                     Kurnia Hadi Sinanto                      Angelica Tanisia Jozar
            Director                                  Director                                  Director




                                                   2023 Sustainability Report - PT Avia Avian Tbk          139
Page 142
Written Verification from Independent Party
[GRI 2-5] [POJK G.1]

This Sustainability Report has not been verified by an assurance service provider. However, the Company warrants that all
information presented in this Sustainability Report are true, accurate, and factual.




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Reader Survey
[POJK G.2]

1. In your opinion, would you recommend this Sustainability Report for your associates or colleagues to read?
                  1                       2                       3                       4                        5                       6                       7                        8                       9                      10

                                                     NOT AT ALL                                                                                                     HIGHLY RECOMMENDED


2. Is the presented information sufficient for you to draw a conclusion?
                  1                       2                       3                       4                        5                       6                       7                        8                       9                      10

                                                     NOT AT ALL                                                                                                     HIGHLY RECOMMENDED


3. Is the design of this Sustainability Report (layout, infographics, and other design elements) sufficiently enticing and helpful
   to read?
                  1                       2                       3                       4                        5                       6                       7                        8                       9                      10

                                                     NOT AT ALL                                                                                                     HIGHLY RECOMMENDED

4. Which sustainability topics interest you the most?
   ...................................................................................................................................................................................................................................................
   ...................................................................................................................................................................................................................................................
   ...................................................................................................................................................................................................................................................

5. Your suggestions and input for our next report
   • Topic       : ..................................................................................................................................................................................................................
   • Language : ..................................................................................................................................................................................................................
   • Design      : ..................................................................................................................................................................................................................
   • Data        : ..................................................................................................................................................................................................................

6. Your Information
   • Name         : ..................................................................................................................................................................................................................
   • Age          : ..................................................................................................................................................................................................................
   • Occupation : ..................................................................................................................................................................................................................

7. Identity by Stakeholder Category
       1.     Customer                                                                                                          5.     Business Partner
       2.     Employee/Employee Organization                                                                                    6.     Mass Media
       3.     Shareholder                                                                                                       7.     Public
       4.     Government, Regulator, or Legislative                                                                             8.     Others, please specify ......................................................................

8. Would you like to be contacted regarding our next sustainability information?
              Yes                       Email address:
              No                        ..................................................................................................................................................................................................................


Please send this feedback form to:
PT Avia Avian Tbk
Avian Brands Building
Jl. Ahmad Yani No. 317                                                                                                          corsec@avianbrands.com
Surabaya, 60234, Jawa Timur, Indonesia                                                                                          investor.relations@avianbrands.com


PT Avia Avian Tbk will treat your information as confidential and will not be used for any other purposes.




                                                                                                             2023 Sustainability Report - PT Avia Avian Tbk                                                                     141
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Response to the Previous Year’s Report
Reader Survey [POJK G.3]
The company did not receive any response from stakeholders following the issuance of the 2022 Sustainability Report.
Thus, there is no specific information hereunder regarding the follow-up actions taken by the Company on responses from
stakeholders in the previous year.




List of GRI Standards Indexes for 2021 –
in Accordance
                                    PT Avia Avian Tbk has reported in accordance with the GRI Standards for the period of
 Statement on Utilization           January 1 - December 31, 2023.

 GRI 1 Utilized                     GRI 1: Foundation 2021


                                                              Disclosure
   GRI - Standards     Index                                                                                                Page
                                                                       Title
                        No.
 GENERAL DISCLOSURE
                      The Organization and Its Reporting Practices
                        2-1    Organizational Details                                                                  28-29; 36
                        2-2    Entities Included in the Organization’s Sustainability Reporting                              1
                        2-3    Reporting Period, Frequency, and Contact Point                                                1
                        2-4    Restatements of Information                                                                   1
                        2-5    External Assurance                                                                       1; 140
                      Activities and Workers
                                                                                                                      28; 32; 38;
                        2-6    Activities, Value Chain, and Other Business Relationships
                                                                                                                        73-74
                        2-7    Employees                                                                               105-106
                        2-8    Workers Who are Not Employees                                                                106
                      Governance
                        2-9    Governance Structure and Composition                                                         57-58
 GRI 2:
 General                2-10   Nomination and Selection of the Highest Governance Body                                       59
 Disclosures 2021
                        2-11   Chair of the Highest Governance Body                                                     57; 67
                        2-12   Role of the Highest Governance Body in Overseeing the Management of Impacts              57; 59
                        2-13   Delegation of Responsibility for Managing Impacts                                             59
                        2-14   Role of the Highest Governance Body in Sustainability Reporting                               57
                        2-15   Conflicts of Interest                                                                         67
                                                                                                                     66; 83; 100;
                        2-16   Communication of Critical Concerns
                                                                                                                      119; 138
                        2-17   Collective Knowledge of the Highest Governance Body                                          60-61
                        2-18   Evaluation of the Performance of the Highest Governance Body                             59; 63
                        2-19   Remuneration Policies                                                                         59
                        2-20   Process to Determine Remuneration                                                             59
                        2-21   Annual Total Compensation Ratio                                                              113




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                                                                   Disclosure
  GRI - Standards          Index                                                                                      Page
                                                                            Title
                            No.
                          Strategy, Policies, and Practices
                            2-22    Statement on Sustainable Development Strategy                                     22-25
                            2-23    Policy Commitments                                                                63-66
                            2-24    Embedding Policy Commitments                                                       5-8
                                                                                                                    61-63; 83;
                            2-25    Processes to Remediate Negative Impacts
GRI 2:                                                                                                             100; 119; 138
General
                            2-26    Mechanisms for Seeking Advice and Raising Concerns                                66-67
Disclosures 2021
                            2-27    Compliance with Laws and Regulations                                                68
                            2-28    Membership Associations                                                             21
                          Stakeholder Engagement
                            2-29    Approach to Stakeholder Engagement                                                42-45
                            2-30    Collective Bargaining Agreements                                                   113
                          Material Topics

GRI 3:                      3-1     Process to Determine Material Topics                                              46-48
Material Topics 2021        3-2     List of Material Topics                                                           48-52
ECONOMICS TOPICS
                          201 Economic Performance
GRI 3:
                            3-3     Management of Material Topics                                                       75
Material Topics 2021
GRI 201:
Economic                   201-1    Direct Economic Value Generated and Distributed                                     76
Performance 2016
                          202 Market Presence
GRI 3:
                            3-3     Management of Material Topics                                                      112
Material Topics 2021
GRI 202:
                           202-1    Ratios of Standard Entry Level Wage by Gender Compared to Local Minimum Wage       112
Market Presence 2016
                          203 Indirect Economic Impacts
GRI 3:
                            3-3     Management of Material Topics                                                       78
Material Topics 2021
GRI 203:
Indirect Economic          203-2    Significant Indirect Economic Impacts                                             73; 78
Impacts 2016
                          205 Anti-Corruption
GRI 3:
                            3-3     Management of Material Topics                                                       64
Material Topics 2021
                           205-1    Operations Assessed for Risks related to Corruption                                 64
GRI 205:
                           205-2    Communication and Training about Anti-Corruption Policies and Procedures            64
Anti-Corruption 2016
                           205-3    Confirmed Incidents of Corruption and Actions Taken                                 65
                          207 Tax
GRI 3:
                            3-3     Management of Material Topics                                                       77
Material Topics 2021
                           207-1    Approach to Tax                                                                     77

GRI 207:                   207-2    Tax Governance, Control, and Risk Management                                        77
Tax 2019                   207-3    Stakeholder Engagement and Management of Concerns Related to Tax                    77
                           207-4    Country-by-Country Reporting                                                        77




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                                                                   Disclosure
  GRI - Standards        Index                                                                                        Page
                                                                          Title
                          No.
ENVIRONMENTAL TOPICS
                         301 Materials
GRI 3:
                           3-3    Management of Material Topics                                                        89
Material Topics 2021

GRI 301:                 301-1    Materials Used by Weight or Volume                                                   90
Materials 2016           301-2    Recycled Input Materials Used                                                       89; 90
                         302 Energy
GRI 3:
                           3-3    Management of Material Topics                                                        91
Material Topics 2021
                         302-1    Energy Consumption within the Organization                                          91-92
GRI 302:
                         302-3    Energy Intensity                                                                     92
Energy 2016
                         302-4    Reduction of Energy Consumption                                                      91
                         303 Water and Effluents
GRI 3:
                           3-3    Management of Material Topics                                                        93
Material Topics 2021
                         303-1    Interaction with Water as a Shared Resource                                          93
GRI 303:                 303-2    Management of Water Discharge-Related Impacts                                        93
Water and Effluents
2018                     303-3    Water Withdrawal                                                                     93
                         303-4    Water Discharge                                                                     93-94
                         304 Biodiversity
GRI 3:
                           3-3    Management of Material Topics                                                        99
Material Topics 2021
                                  Operational Sites Owned, Leased, Managed In, or Adjacent to, Protected Areas and
                         304-1                                                                                         100
                                  Areas of High Biodiversity Value Outside Protected Areas
GRI 304:
Biodiversity 2016        304-2    Significant Impacts of Activities, Products and Services on Biodiversity             100
                         304-3    Habitats Protected or Restored                                                       99
                         305 Emissions
GRI 3:
                           3-3    Management of Material Topics                                                        94
Material Topics 2021
                         305-1    Direct (Scope 1) GHG Emissions                                                       95
                         305-2    Energy Indirect (Scope 2) GHG Emissions                                              95
GRI 305:
                         305-4    GHG Emission Intensity                                                               95
Emissions 2016
                         305-6    Emissions of Ozone-Depleting Substances                                              96
                         305-7    Nitrogen Oxides (NOx), Sulfur Oxides (SOx), and Other Significant Air Emissions      96
                         306 Waste
GRI 3:
                           3-3    Management of Material Topics                                                        97
Material Topics 2021
                         306-1    Waste Generation and Significant Waste-related Impacts                               97

GRI 306:                 306-2    Management of Significant Waste-related Impacts                                      98
Waste 2020               306-3    Waste Generated                                                                     98; 99
                         306-4    Waste Diverted from Disposal                                                         98
                         308 Supplier Environmental Assessment
GRI 3:
                           3-3    Management of Material Topics                                                        74
Material Topics 2021
GRI 308:
Supplier Environmental   308-1    New Suppliers that were Screened Using Environmental Criteria                        74
Assessment 2016




                                                           2023 Sustainability Report - PT Avia Avian Tbk            145
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                                                                   Disclosure
  GRI - Standards          Index                                                                                              Page
                                                                           Title
                            No.
SOCIAL TOPICS
                          401 Employment
GRI 3:
                            3-3     Management of Material Topics                                                            104-105
Material Topics 2021
                           401-1    New Employee Hires and Employee Turnover                                                 107-108
GRI 401:                            Benefits Provided to Full-time Employees that are not Provided to Temporary or Part-
                           401-2                                                                                           112-113; 114
Employment 2016                     Time Employees
                           401-3    Parental Leave                                                                             114
                          402 Labor/Management Relations
GRI 3:
                            3-3     Management of Material Topics                                                              114
Material Topics 2021
GRI 402:
Labor/Management           402-1    Minimum Notice Periods regarding Operational Changes                                       114
Relations 2016
                          403 Occupational Health and Safety
GRI 3:
                            3-3     Management of Material Topics                                                            115-116
Material Topics 2021
                           403-1    Occupational Health and Safety Management System                                         115-116
                           403-2    Hazard Identification, Risk Assessment, and Incident Investigation                       116-117
                           403-3    Occupational Health Services                                                               118
                                    Worker Participation, Consultation, and Communication on Occupational Health and
                           403-4                                                                                             115-116
                                    Safety
GRI 403:                   403-5    Worker training on Occupational Health and Safety                                          118
Occupational Health
and Safety 2018            403-6    Promotion of Worker Health                                                                 118
                                    Prevention and Mitigation of Occupational Health and Safety Impacts Directly Linked
                           403-7                                                                                               117
                                    by Business Relationships
                           403-8    Workers Covered by an Occupational Health and Safety Management System                   115-116
                           403-9    Work-related Injuries                                                                    118-119
                           403-10   Work-related Ill Health                                                                  118-119
                          404 Training and Education
GRI 3:
                            3-3     Management of Material Topics                                                              109
Material Topics 2021
GRI 404:
Training and               404-1    Average Hours of Training per Year per Employee                                            110
Education 2016
                           404-2    Programs for Upgrading Employee Skills and Transition Assistance Programs              109-110; 111
                                    Percentage of Employees Receiving Regular Performance and Career Development
                           404-3                                                                                               111
                                    Reviews
                          405 Diversity and Equal Opportunity
GRI 3:
                            3-3     Management of Material Topics                                                              105
Material Topics 2021
GRI 405:                   405-1    Diversity of Governance Bodies and Employees                                             58; 105
Diversity and Equal
Opportunity                405-2    Ratio of Basic Salary and Remuneration of Women to Men                                     112
2016




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                                                                Disclosure
  GRI - Standards       Index                                                                                              Page
                                                                         Title
                         No.
                        406 Non-discrimination
GRI 3:
                          3-3    Management of Material Topics                                                              105
Material Topics 2021
GRI 406:
Non-discrimination      406-1    Incidents of Discrimination and Corrective Actions Taken                                   105
2016
                        407 Freedom of Association and Collective Bargaining
GRI 3:
                          3-3    Management of Material Topics                                                              113
Material Topics 2021
GRI 407:
Freedom of
                                 Operations and Suppliers in which the Right to Freedom of Association and Collective
Association and         407-1                                                                                               113
                                 Bargaining May Be at Risk
Collective Bargaining
2016
                        408 Child Labor
GRI 3:
                          3-3    Management of Material Topics                                                              113
Material Topics 2021
GRI 408:
                        408-1    Operations and Suppliers at Significant Risk for Incidents of Child Labor                74; 113
Child Labor 2016
                        409 Forced or Compulsory Labor
GRI 3:
                          3-3    Management of Material Topics                                                              113
Material Topics 2021
GRI 409:
                                 Operations and Suppliers at Significant Risk for Incidents of Forced or Compulsory
Forced or Compulsory    409-1                                                                                           74; 113; 114
                                 Labor
Labor 2016
                        411 Rights of Indigenous Peoples
GRI 3:
                          3-3    Management of Material Topics                                                              138
Material Topics 2021
GRI 411:
Rights of Indigenous    411-1    Incidents of Violations Involving Rights of Indigenous Peoples                             138
Peoples 2016
                        413 Local Communities
GRI 3:
                          3-3    Management of Material Topics                                                              122
Material Topics 2021
                                 Operations with Local Community Engagement, Impact Assessments, and
GRI 413:                413-1                                                                                           78; 124-137
                                 Development Programs
Local Communities
2016                             Operations with Significant Actual and Potential Negative Impacts on Local
                        413-2                                                                                           122; 124; 138
                                 Communities
                        414 Supplier Social Assessment
GRI 3:
                          3-3    Management of Material Topics                                                               74
Material Topics 2021
GRI 414:                414-1    New Suppliers that were Screened Using Social Criteria                                      74
Supplier Social
Assessment 2016         414-2    Negative Social Impacts in the Supply Chain and Actions Taken                               74

                        415 Public Policy
GRI 3:
                          3-3    Management of Material Topics                                                               68
Material Topics 2021
GRI 415:
                        415-1    Political Contributions                                                                     68
Public Policy 2016
                        416 Customer Health and Safety
GRI 3:
                          3-3    Management of Material Topics                                                               79
Material Topics 2021
GRI 416:
Customer Health and     416-1    Assessment of the Health and Safety Impacts of Product and Service Categories             79-80
Safety 2016




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                                                                  Disclosure
   GRI - Standards          Index                                                                                            Page
                                                                            Title
                             No.
                           417 Marketing and Labeling
 GRI 3:
                             3-3    Management of Material Topics                                                             80
 Material Topics 2021
                            417-1   Requirements for Product and Service Information and Labeling                             80
 GRI 417:
 Marketing and              417-2   Incidents of Non-Compliance concerning Product and Service Information and Labeling       81
 Labeling 2016
                            417-3   Incidents of Non-Compliance concerning Marketing Communications                           81
                           418 Customer Privacy
 GRI 3:
                             3-3    Management of Material Topics                                                             83
 Material Topics 2021
 GRI 418:                           Substantiated Complaints concerning Breaches of Customer Privacy and Losses of
                            418-1                                                                                             83
 Customer Privacy 2016              Customer Data




Cross Reference GRI Standards with SDGs
We are committed to contributing to achieving the SDGs in Indonesia. This contribution is delivered through links between
programs/activities in the Company’s Sustainability Report with GRI Standards and SDGs, as in the table below:

                                                              Standar
                                       Discussion in         Alignment
     Logo                 Aim                                                                Disclosure                      Page
                                        the Report            with GRI
                                                             Standards
                 End Poverty          Provision of        GRI 201:             201-1
                 in All its Forms     Employment,         Economic             Direct Economic Value Generated and
                                                                                                                              76
                 Everywhere           Income,             Performance          Distributed
                                      Remuneration,       2016
                                      and Facilities
                                                          GRI 202:             202-1
                                                          Market Presence      Ratios of Standard Entry Level Wage by
                                                                                                                              112
                                                          2016                 Gender Compared to Local Minimum
                                                                               Wage
                                                          GRI 401:             401-1
                                                          Employment           New Employee Hires and Employee              107-108
                                                          2016                 Turnover
                                                                               401-2
                                                                               Benefits Provided to Full-time Employees
                                                                                                                          112-113; 114
                                                                               that are not Provided to Temporary or
                                                                               Part-Time Employees
                                      Local Community     GRI 203:             203-2
                                      Development         Indirect             Significant Indirect Economic Impacts
                                                                                                                             73; 78
                                      and                 Economic
                                      Empowerment         Impacts 2016
                                                          GRI 413:             413-1
                                                          Local                Operations with Local Community
                                                                                                                          78; 124-137
                                                          Communities          Engagement, Impact Assessments,
                                                          2016                 and Development Programs




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                                                   Standar
                             Discussion in        Alignment
Logo         Aim                                                                  Disclosure                       Page
                              the Report           with GRI
                                                  Standards
       End Hunger,          Provision of        GRI 201:            201-1
       Achieve Food         Employment,         Economic            Direct Economic Value Generated and
                                                                                                                    76
       Security and         Income,             Performance         Distributed
       Improved             Remuneration,       2016
       Nutrition, and       and Facilities
                                                GRI 401:            401-1
       Promote
                                                Employment          New Employee Hires and Employee               107-108
       Sustainable
                                                2016                Turnover
       Agriculture
                                                                    401-2
                                                                    Benefits Provided to Full-Time Employees
                                                                                                                112-113; 114
                                                                    that are not Provided to Temporary or
                                                                    Part-Time Employees
                            Local Community     GRI 203:            203-2
                            Development         Indirect            Significant Indirect Economic Impacts
                                                                                                                   73; 78
                            and                 Economic
                            Empowerment         Impacts 2016
       Ensure Healthy       Commitment to       GRI 403:            403-1
       Lives and Promote    Creating a Safe     Occupational        Occupational Health and Safety                115-116
       Well-Being for All   and Healthy Work    Health and Safety   Management System
       at All Ages          Environment in      2018
                                                                    403-2
                            accordance with
                                                                    Hazard Identification, Risk Assessment,       116-117
                            the Occupational
                                                                    and Incident Investigation
                            Health and Safety
                            Principles                              403-3
                                                                                                                    118
                                                                    Occupational Health Services
                                                                    403-4
                                                                    Worker Participation, Consultation, and
                                                                                                                  115-116
                                                                    Communication on Occupational Health
                                                                    and Safety
                                                                    403-5
                                                                    Worker training on Occupational Health          118
                                                                    and Safety
                                                                    403-6
                                                                                                                    118
                                                                    Promotion of Worker Health
                                                                    403-7
                                                                    Prevention and Mitigation of
                                                                                                                    117
                                                                    Occupational Health and Safety Impacts
                                                                    Directly Linked by Business Relationships
                                                                    403-8
                                                                    Workers Covered by an Occupational            115-116
                                                                    Health and Safety Management System
                                                                    403-9
                                                                                                                  118-119
                                                                    Work-related Injuries
                                                                    403-10
                                                                                                                  118-119
                                                                    Work-related Health
       Ensure Inclusive     Competence          GRI 404:            404-1
       and Equitable        Improvement         Training and        Average Hours of Training per Year per          110
       Quality Education    without             Education 2016      Employee
       and Promote          Discriminating
                                                                    404-2
       Lifelong Learning    against
                                                                    Programs for Upgrading Employee Skills      109-110; 111
       Opportunities        Employees’
                                                                    and Transition Assistance Programs
       for All              Gender and
                            Background                              404-3
                                                                    Percentage of Employees Receiving
                                                                                                                    111
                                                                    Regular Performance and Career
                                                                    Development Reviews




                                                 2023 Sustainability Report - PT Avia Avian Tbk                 149
Page 152
                                                 Standar
                              Discussion in     Alignment
Logo          Aim                                                             Disclosure                      Page
                               the Report        with GRI
                                                Standards
       Achieve Gender        Provision of     GRI 202:          202-1
       Equality and          Employment,      Market Presence   Ratios of Standard Entry Level Wage by
                                                                                                               112
       Empower               Income,          2016              Gender Compared to Local Minimum
       All Women and         Remuneration,                      Wage
       Girls                 and Facilities
                                              GRI 401:          401-1
                                              Employment        New Employee Hires and Employee              107-108
                                              2016              Turnover
                                                                401-2
                                                                Benefits Provided to Full-time Employees
                                                                                                           112-113; 114
                                                                that are not provided to Temporary or
                                                                Part-Time Employees
                                              GRI 405:          405-2
                                              Diversity         Ratio of Basic Salary and Remuneration
                                              and Equal         of Women to Men                                112
                                              Opportunity
                                              2016
                             Anti-            GRI 406:          406-1
                             discrimination   Non-              Incidents of Discrimination and
                                                                                                               105
                             Labor            discrimination    Corrective Actions Taken
                             Management       2016
                                              GRI 409:          409-1
                                              Forced or         Operations and Suppliers at Significant
                                                                                                           74; 113; 114
                                              Compulsory        Risk for Incidents of Forced or
                                              Labor 2016        Compulsory Labor
       Ensure Availability   Responsible    GRI 303:            303-1
       and Sustainable       Water Usage    Water and           Interactions with Water as a Shared            93
       Management            and Management Effluents 2018      Resource
       of Water and
                                                                303-2
       Sanitation for All
                                                                Management of Water Discharge-Related          93
                                                                Impacts
                                                                303-3
                                                                                                               93
                                                                Water Withdrawal
                                                                303-4
                                                                                                              93-94
                                                                Water Discharge
       Ensure Access to      Responsible      GRI 302:          302-1
       Affordable,           Energy           Energy 2016       Energy Consumption within the                 91-92
       Reliable,             Usage and                          Organization
       Sustainable, and      Management,
                                                                302-3
       Modern                including                                                                         92
                                                                Energy Intensity
       Energy for All        Efficiency
                             Measures
                             and Usage of                       302-4
                             Renewable                          Reduction of Energy Consumption                91
                             Energy Sources




 150       PT Avia Avian Tbk - 2023 Sustainability Report
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                                                                           Painting a Beautiful Picture of Indonesia




                                                      Standar
                             Discussion in           Alignment
Logo         Aim                                                                   Disclosure                      Page
                              the Report              with GRI
                                                     Standards
       Promote              Provision of           GRI 201:          201-1
       Sustained,           Employment,            Economic          Direct Economic Value Generated and
                                                                                                                    76
       Inclusive and        Income,                Performance       Distributed
       Sustainable          Remuneration,          2016
       Economic             and Facilities
                                                   GRI 202:          202-1
       Growth, Full, and
                                                   Market Presence   Ratios of Standard Entry Level Wage by
       Productive                                                                                                   112
                                                   2016              Gender Compared to Local Minimum
       Employment and
                                                                     Wage
       Decent Work
       for All                                     GRI 401:          401-1
                                                   Employment        New Employee Hires and Employee              107-108
                                                   2016              Turnover
                                                                     401-2
                                                                     Benefits Provided to Full-Time Employees
                                                                                                                112-113; 114
                                                                     that are not Provided to Temporary or
                                                                     Part-Time Employees
                            Freedom of             GRI 407:          407-1
                            Association            Freedom of        Operations and Suppliers in which the
                                                   Association       Right to Freedom of Association and            113
                                                   and Collective    Collective Bargaining May Be at Risk
                                                   Bargaining 2016
                            Local Community        GRI 203:          203-2
                            Development            Indirect          Significant Indirect Economic Impacts
                                                                                                                   73; 78
                            and                    Economic
                            Empowerment            Impacts 2016
                                                   GRI 413:          413-1
                                                   Local             Operations with Local Community
                                                                                                                78; 124-137
                                                   Communities       Engagement, Impact Assessments,
                                                   2016              and Development Programs
                                                   GRI 414:          414-2
                                                   Supplier Social   Negative Social Impacts in the Supply          74
                                                   Assessment 2016   Chain and Actions Taken
       Build Resilient      Avian Brands’          GRI 413:          413-1
       Infrastructure,      Contribution to        Local             Operations with Local Community
       Promote Inclusive    the Construction       Communities       Engagement, Impact Assessments,
       Sustainable          of Public Facilities   2016              and Development Programs                     124-137
       Industrialization,
       and Foster
       Innovation




                                                    2023 Sustainability Report - PT Avia Avian Tbk               151
Page 154
                                                     Standar
                            Discussion in           Alignment
Logo          Aim                                                                 Disclosure                      Page
                             the Report              with GRI
                                                    Standards
       Reduce Inequality   Provision of           GRI 201:          201-1
       within and          Employment,            Economic          Direct Economic Value Generated and
                                                                                                                   76
       Among Countries     Income,                Performance       Distributed
                           Remuneration,          2016
                           and Facilities
                                                  GRI 202:          202-1
                                                  Market Presence   Ratios of Standard Entry Level Wage by
                                                                                                                   112
                                                  2016              Gender Compared to Local Minimum
                                                                    Wage
                                                  GRI 401:          401-1
                                                  Employment        New Employee Hires and Employee              107-108
                                                  2016              Turnover
                                                                    401-2
                                                                    Benefits Provided to Full-time Employees
                                                                                                               112-113; 114
                                                                    that are not Provided to Temporary or
                                                                    Part-Time Employees
                           Local                  GRI 203:          203-2
                           Community              Indirect          Significant Indirect Economic Impacts
                                                                                                                  73; 78
                           Development            Economic
                           and                    Impacts 2016
                           Empowerment
                                                  GRI 413:          413-1
                                                  Local             Operations with Local Community
                                                                                                               78; 124-137
                                                  Communities       Engagement, Impact Assessments,
                                                  2016              and Development Programs
       Make Cities         Avian Brands’          GRI 413:          413-1
       and Human           Contribution to        Local             Operations with Local Community
       Settlements         the Construction       Communities       Engagement, Impact Assessments,
                                                                                                                 124-137
       Inclusive, Safe,    of Public Facilities   2016              and Development Programs
       Resilient, and
       Sustainable
       Ensure              Responsible Use        GRI 301:          301-1
                                                                                                                   90
       Sustainable         of Materials           Materials 2016    Materials Used by Weight or Volume
       Consumption
                                                                    301-2
       and Production                                                                                             89; 90
                                                                    Recycled Input Materials Used
       Patterns
                           Management             GRI 306:          306-1
                           and Reuse of           Waste 2020        Waste Generation and Significant               97
                           Waste as Raw                             Waste-related Impacts
                           Materials for
                                                                    306-2
                           Manufacturing
                                                                    Management of Significant                      98
                                                                    Waste-related Impacts
                                                                    306-3
                                                                                                                  98; 99
                                                                    Waste Generated
                                                                    306-4
                                                                                                                   98
                                                                    Waste Diverted from Disposal
                           Supplier               GRI 308:          308-1
                           Engagement             Supplier          New Suppliers that were Screened using
                           that Emphasizes        Environmental     Environmental Criteria
                                                                                                                   74
                           Sustainable            Assessment 2016
                           Production
                           Practices




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                                                                           Painting a Beautiful Picture of Indonesia




                                                    Standar
                              Discussion in        Alignment
Logo          Aim                                                                  Disclosure                    Page
                               the Report           with GRI
                                                   Standards
       Take Urgent           Reduction of        GRI 305:            305-1
                                                                                                                  95
       Action to Combat      Emissions as a      Emissions 2016      Direct (Scope 1) GHG Emissions
       Climate Change        cause of Global
                                                                     305-2
       and Its Impacts       Warming and                                                                          95
                                                                     Energy Indirect (Scope 2) GHG Emissions
                             Climate Change
                                                                     305-4
                                                                                                                  95
                                                                     GHG Emission Intensity
                                                                     305-6
                                                                                                                  96
                                                                     Emissions of Ozone-Depleting Substances
       Protect, Restore,     Reduction of        GRI 305:            305-1
                                                                                                                  95
       and Promote           Emissions as a      Emissions 2016      Direct (Scope 1) GHG Emissions
       Sustainable Use       cause of Global
                                                                     305-2
       of Terrestrial        Warming and                                                                          95
                                                                     Energy Indirect (Scope 2) GHG Emissions
       Ecosystems,           Climate Change
       Sustainably                                                   305-4
                                                                                                                  95
       Manage Forests,                                               GHG Emission Intensity
       Combat                                                        305-6
       Desertification,                                                                                           96
                                                                     Emissions of Ozone-Depleting Substances
       and Halt and
       Reverse Land          Activities to       GRI 304:            304-3
       Degradation, and      Protect Flora       Biodiversity 2016   Habitats Protected or Restored
                                                                                                                  99
       Halt Biodiversity     and Fauna Near
       Loss                  Operational Sites
       Promote Peaceful      Implementing        GRI 205:            205-1
       and Inclusive         Accountable         Anti-Corruption     Operations Assessed for Risks related to
                                                                                                                  64
       Societies for         and Transparent     2016                Corruption
       Sustainable           Business
       Development,          Practices, and
                                                                     205-2
       Provide Access        Zero-tolerance
                                                                     Communication and Training about
       to Justice for All    for All Forms                                                                        64
                                                                     Anti-Corruption Policies and Procedures
       and Build             of Corruption,
       Effective,            Including
       Accountable, and      Bribery,                                205-3
       Inclusive             Extortion, Fraud                        Confirmed Incidents of Corruption and
                                                                                                                  65
       Institutions at All   and Money                               Actions Taken
       Levels                Laundering




                                                   2023 Sustainability Report - PT Avia Avian Tbk               153
Page 156
List of Disclosures According to
Financial Services Authority Regulation
No. 51/POJK.03/2017 (“POJK 51/2017”) [POJK G.4]
 Index
                                                       Name of Index                                    Page
  No.
   A.1     Description on Sustainability Strategy                                                         4
Sustainability Performance Overview
   B.1     Economic Performance Overview                                                                  12
   B.2     Environmental Performance Overview                                                             12
   B.3     Social Performance Overview                                                                    13
Company Profile
   C.1     Vision, Mission, and Values of Sustainability                                                  30
   C.2     Address of the Company                                                                         29
   C.3     Company Classification                                                                     35; 36; 105
   C.4     Products, Services, and Operated Business                                                    32-34
   C.5     Membership Associations                                                                        21
   C.6     Significant Organizational Change                                                              38
Comment by the Board of Directors
   D.1     Comment by the Board of Directors                                                            22-25
Sustainability Governance
   E.1     Person in Charge on the Implementation of Sustainable Finance                                  59
   E.2     Competence Development related to Sustainable Finance                                        60-61
   E.3     Risk Assessment on the Implementation of Sustainable Finance                                 61-63
   E.4     Relationship with Stakeholders                                                               42-45
   E.5     Issues on the Implementation of Sustainable Finance                                            11
Sustainability Performance
   F.1     Activities on Building a Sustainable Culture                                                   63
Economic Performance
   F.2     Comparison of Targets and Performance on Manufacturing, Portfolio, Financing Targets, or
                                                                                                          75
           Investments, Income and Profit and Loss
   F.3     Comparison of Targets and Performance on Portfolio, Financing Targets, or Investments in
                                                                                                          75
           Financial Instruments or Projects in Line with Sustainable Finance
Environmental Performance
General
   F.4     Environmental Costs                                                                           100
Material Aspect
   F.5     Use of Environmentally Friendly Materials                                                      89
Energy Aspect
   F.6     Amount and Intensity of Energy Used                                                            92
   F.7     Efforts and Achievements in Energy Efficiency and Use of Renewable Energy                    91; 92
Water Aspect
   F.8     Water Usage                                                                                    93




     154           PT Avia Avian Tbk - 2023 Sustainability Report
Page 157
                                                                                  Painting a Beautiful Picture of Indonesia




 Index
                                                      Name of Index                                                 Page
  No.
Biodiversity Aspect
   F.9     Impacts from Operational Areas that are Near or Located in Conservation Areas or with Biodiversity        100
  F.10     Biodiversity Conservation Efforts                                                                         99
Emission Aspect
  F.11     Number and Intensity of Emissions Generated by Type                                                       95
  F.12     Efforts and Achievements Made in Emission Reduction                                                      94; 95
Waste and Effluent Aspect
  F.13     Amount of Waste and Effluent Generated by Type                                                           98-99
  F.14     Waste and Effluent Management Mechanism                                                                   98
  F.15     Spills (if any)                                                                                           99
Aspect of Complaints related to the Environment
  F.16     Number and Material of Environmental Complaints Received and Resolved                                     100
Social Performance
  F.17     Commitments of FSI (LJK), Issuers, or Public Companies to Provide Equivalent Products and/or Services
                                                                                                                     79
           to Consumers
Employment Aspect
  F.18     Equal Employment Opportunity                                                                              105
  F.19     Child Labor and Forced Labor                                                                            113; 114
  F.20     Regional Minimum Wage                                                                                     112
  F.21     Decent and Safe Work Environment                                                                          115
  F.22     Employee Capability Training and Development                                                            109; 110
Community Aspect
  F.23     Impact of Operations on Surrounding Communities                                                           78
  F.24     Community Complaints                                                                                      138
  F.25     Environmental Social Responsibility (ESR) Activities                                                    124-137
Responsibility for Sustainable Product/Service Development
  F.26     Innovation and Development of Sustainable Financial Products/Services                                     81
  F.27     Products/Services that Have Been Evaluated for Safety for Customers                                      79-80
  F.28     Product/Service Impact                                                                                    80
  F.29     Number of Recalled Products                                                                               83
  F.30     Customer Satisfaction Survey on Sustainable Financial Products and/or Services                            83
Others
   G.1     Written Verification from Independent Party (if any)                                                      140
   G.2     Feedback Form                                                                                             141
   G.3     Responses to Feedback on Previous Year’s Reports                                                          143
   G.4     List of Disclosures According to POJK 51/2017                                                           154-155




                                                           2023 Sustainability Report - PT Avia Avian Tbk          155
Page 158

          
Page 159
Painting a Beautiful
Picture of Indonesia

SUSTA I NA BILITY REP O RT


2023
www.avianbrands.com
  avianbrands
  avian.brands
  Avian Brands
  www.facebook.com/Avianbrands                 Find Avia Brands
  Linkedin/PT Avia Avian Tbk. (Avian Brands)     products here.

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linked org Avia Avian Tbk p.3 ×458
linked person Wijono Tanoko p.24 ×3
linked org PT Tancorp Surya Sentosa p.31
linked org PT Wahana Lancar Rejeki p.31
linked org Archipelago Investment p.31
linked person Robert Christian Tanoko p.31 ×3
linked person Hermanto Tanoko p.60
linked person Ruslan Tanoko p.60
linked person Kurnia Hadi Sinanto p.60
linked person Angelica Tanisia Jozar · Director p.60 ×2
unresolved org PT Tirtakencana p.3 ×4
unresolved org PT Tirtakencana Batamindo p.3
unresolved org Financial Services Authority p.5 ×2
unresolved org Ministry of Manpower p.17
unresolved org Ministry of Environment p.17
unresolved org Indonesia Stock Exchange p.18 ×3
unresolved org LRQA Limited LRQA Group Limited p.18
unresolved org LRQA Limited p.18
unresolved org PT Lloyd’s Register Indonesia p.18 ×4
unresolved org Information Security Intertek Certification Limited p.18
unresolved person Assistant Executive · Director p.19
unresolved org Ministry of Industry p.22 ×24
unresolved org Pengurus ARSI p.23
unresolved org Pengurus Asosiasi Resin Sintetik Indonesia Ketua Umum p.23
unresolved person Indrawati Setiabudhi · Notaris p.30
unresolved org Minister of Justice p.30
unresolved org Ministry of Justice p.30
unresolved org Malang District Court p.30
unresolved org Indonesia Archipelago Investment Pte Ltd p.31
unresolved org PT Bangun Bersama p.39 ×2
unresolved org PT Multipro Paint Solusindo p.39
unresolved org PT Tirtakencana Batamindo Operational Total Assets Before Name p.39
unresolved — warehousing and storage, p.39
unresolved — Dukuh Menanggal, p.39
unresolved org PT Multipro Paint p.39
unresolved — 1, Kel. Kelapa Gading Timur, p.39
unresolved org PT Tirtakencana Kota Batam p.39
unresolved — Melawai, Kec. Kebayoran Baru, p.39
unresolved person Male · President Commissioner p.60 ×9
unresolved person Female · Director p.60
unresolved org Minister of Trade Regulation p.82
unresolved org Minister of Environment and Forestry p.96
unresolved org Ministry of Environment and Forestry p.102
unresolved org Minister of Manpower Regulation p.119

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