The Company's Audit Committee has a Board Manual or Audit Committee Charter which was updated and last ratified on November 13, 2023 based on the Decree of the Board of Directors Number SK.02.01/A.KOM.WG.07670/2023. This guideline is prepared in harmony and synergy with the Financial Services Authority Regulation No. 55/POJK.04/2015 concerning the Establishment and Guidelines for the Implementation of the Audit Committee, as well as the Regulation of the Minister of State-Owned Enterprises (BUMN) Number PER-3/ MBU/03/2023 stipulated on March 20, 2023 concerning Organs and Human Capital in BUMN.

In carrying out its duties, the Company's Audit Committee is also guided by the Board Manual, which was updated and last ratified on September 11, 2023. This guideline provides an operational basis in accordance with the principles of good corporate governance.

In 2024, the Company's Audit Committee consists of a number of members selected based on their qualifications, expertise, and relevant experience in finance and auditing. The composition and composition of the Audit Committee members are carefully arranged to support the implementation of the supervisory function of financial statements, compliance with prevailing regulations, and the effectiveness of the Company's internal control system. This is undertaken in accordance with the principles of Good Corporate Governance which are the basis of the Company's operations.

The Audit Committee was established by considering the diversity of expertise in various fields, including accounting, auditing, and corporate governance, to ensure that supervision of financial reporting, internal audits, and external audits is carried out independently and objectively. The appointment of Audit Committee members is carried out through a transparent selection process, taking into account the competence, integrity, and strategic contributions that can be provided by each member.

Audit Committee Composition

The Company provides a competency improvement program for members of the Audit Committee, which aims to improve the committee's ability to carry out its supervisory function over the management of the Company by the Board of Directors. This program aims to make the Audit Committee more effective in carrying out its roles and responsibilities, in line with changes in regulations and the implementation of best practices in the industry.

In 2025, the Audit Committee's activities will be divided into two main categories, namely Routine Activities and Non-Routine Activities.

The planned Routine Activities of the Audit Committee include:

1. Review of the Audit Result Report conducted by the Internal Audit Unit (SPI), which will be followed up with a Coordination Meeting between the Audit Committee and SPI.
2. Supervision of the performance achievements of external auditors (KAP), which will be followed by a Coordination Meeting between the Audit Committee, WIKA Management, SPI, and KAP.
3. Review of the Company's performance achievements, which will be followed up with an Internal Audit Committee Meeting, as well as the Audit Committee's contribution to the Internal Meeting of the Board of Commissioners or Joint Meeting of the Board of Commissioners and Directors.
4. Review of the implementation and effectiveness of the Internal Control System implemented by the Company.
5. Review of the existing risk management system, as well as evaluation of its implementation.
6. Review of the Draft Company Work Plan and Budget (RKAP) for 2026, and its conformity with the Company's Long-Term Plan 2024-2028.

Non-Routine Activities of the Audit Committee comprise:

1. Business trips carried out by the Audit Committee in order to carry out in-depth supervision and evaluation duties on certain aspects of the Company's management.
2. Education and training programs specifically designed for members of the Audit Committee, in order to strengthen their competence and capacity in carrying out their supervision functions and ensure the implementation of good governance practices in the Company.