ASEAN CG Scorecard

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A. Right of Shareholders

B. Equitable Treatment of Shareholder

C. Role of Stakeholders

D. Disclosure and Transparency

Part	Items	BMRI Practice Year 2022	Source Information
D.1 Transparent Ownership Structure
D.1.1	Does the information on shareholdings reveal the identity of beneficial owners, holding 5% shareholding or more?	Information regarding identities the of the shareholders has been disclosed in the Annual Report of Bank Mandiri FY 2022 regarding Shareholder Composition Annual Report of Bank Mandiri FY 2022 , pages 162-171 (Shareholding Composition)	Annual Report of Bank Mandiri FY 2022
D.1.2	Does the company disclose the direct and indirect (deemed) shareholdings of major and/or substantial shareholders?	Bank Mandiri has disclosed information regarding Shareholders as referred to in the Annual Report of Bank Mandiri FY 2022 regarding Shareholder Composition Annual Report of Bank Mandiri FY 2022 , pages 162-171 (Shareholding Composition)	Annual Report of Bank Mandiri FY 2022
D.1.3	Does the company disclose the direct and indirect (deemed) shareholdings of directors (commissioners)?	Bank Mandiri has disclosed information regarding share ownership and options of Board of Directors / Board of Commissioners in the Annual Report of Bank Mandiri FY 2022. Annual Report of Bank Mandiri FY 2022 , page 165 (Board of Commissioners and Board of Directors Shareholding) Annual Report of Bank Mandiri FY 2022 , page 166-171 (Board of Commissioners and Board of Directors Shares Trading)	Annual Report of Bank Mandiri FY 2022 , page 165 Annual Report of Bank Mandiri FY 2022 , page 166-171
D.1.4	Does the company disclose the direct and indirect (deemed) shareholdings of senior management?	Bank Mandiri has disclosed information regarding share ownership and options of Board of Directors / Board of Commissioners in the Annual Report of Bank Mandiri FY 2022. Annual Report of Bank Mandiri FY 2022 , page 165 (Board of Commissioners and Board of Directors Shareholding) Annual Report of Bank Mandiri FY 2022 , page 166-171 (Board of Commissioners and Board of Directors Shares Trading) Annual Report of Bank Mandiri FY 2022 , page 410-411 (Employee Stock Option Program And/Or Management Stock Option Program)	Annual Report of Bank Mandiri FY 2022 , page 165 Annual Report of Bank Mandiri FY 2022 , page 166-171 Annual Report of Bank Mandiri FY 2022 , page 410-411
D.1.5	Does the company disclose details of the parent/holding company, subsidiaries, associates, joint ventures and special purpose enterprises/ vehicles (SPEs)/ (SPVs)?	Bank Mandiri has disclosed information regarding the structure of Bank Mandiri's group of companies in the Annual Report FY 2022, as mentioned under: Annual Report of Bank Mandiri FY 2022 , page 172-173 (Corporate Shareholding Structure) Annual Report of Bank Mandiri FY 2022 , page 174-189 (Subsidiaries, Sub-Subsidiaries and/or Associates)	Annual Report of Bank Mandiri FY 2022 , page 172-173 Annual Report of Bank Mandiri FY 2022 , page 174-189
D.2 Quality of Annual Report Does the company's annual report disclose the following item :
D.2.1	Corporate objectives	Annual Report of Bank Mandiri FY 2022, page 94 (Vision, Mission and Corporate Culture) Annual Report of Bank Mandiri FY 2022, page 273 (Marketing Strategy) Annual Report of Bank Mandiri FY 2022, page 296-303 (Operational Review per Business Segment) Sustainability Report of Bank Mandiri FY 2022, page 70-72 (Sustainability Strategy)	Annual Report of Bank Mandiri FY 2022, page 94-97 Annual Report of Bank Mandiri FY 2022, page 273 Annual Report of Bank Mandiri FY 2022, page 296-303 Sustainability Report of Bank Mandiri FY 2022, page 70-72
D.2.2	Financial performance indicators	Annual Report of Bank Mandiri FY 2022, pages 24-25 - Performance Summary 2022 Annual Report of Bank Mandiri FY 2022, pages 67-68 - Analysis Of The Company’s Performance Annual Report of Bank Mandiri FY 2022, pages 296-303 - Operational Review per Business Segment Annual Report of Bank Mandiri FY 2022, pages 358 - Financial Review	Annual Report of Bank Mandiri FY 2022, pages 24-25 Annual Report of Bank Mandiri FY 2022, pages 67-68 Annual Report of Bank Mandiri FY 2022, pages 296-303 Annual Report of Bank Mandiri FY 2022, pages 358
D.2.3	Non-financial performance indicators	Operational Highlights - Annual Report of Bank Mandiri FY 2022, pages 31 Company Rating 2022 - Annual Report of Bank Mandiri FY 2022, pages 36 Oversights On Corporate Governance Implementation - Annual Report of Bank Mandiri FY 2022, pages 52-54 Operational Review per Business Segment - Annual Report of Bank Mandiri FY 2022, page 297-303 Sustainability Report of Bank Mandiri FY 2022, page 148-150 (Customer Service And Satisfaction)	Annual Report of Bank Mandiri FY 2022, pages 31 Company Rating 2022 - Annual Report of Bank Mandiri FY 2022, pages 36 Annual Report of Bank Mandiri FY 2022, pages 52-54 Annual Report of Bank Mandiri FY 2022, page 297-303 Sustainability Report of Bank Mandiri FY 2022, page 148-150
D.2.4	Dividend policy	Dividend Policy (Bank Mandiri Website) Annual Report of Bank Mandiri FY 2022, page 408 (Dividen Policy And Distribution)	Bank Mandiri Website Annual Report Bank Mandiri FY 2022
D.2.5	Biographical details (at least age, qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of directors/commissioners	Annual Report of Bank Mandiri FY 2022, page 124-135 - Profile of The Board of Commissioners Annual Report of Bank Mandiri FY 2022, page 136-148 - Profile of The Board of Directors Annual Report of Bank Mandiri FY 2022, page 642 - Diversity of the Board of Commissioners Composition Annual Report of Bank Mandiri FY 2022, page 643-644 - Board of Directors Composition Diversity	Annual Report of Bank Mandiri FY 2022, page 124-135 Annual Report of Bank Mandiri FY 2022, page 136-148 Annual Report of Bank Mandiri FY 2022, page 642 Annual Report of Bank Mandiri FY 2022, page 643-644
D.2.6	Attendance details of each director/commissioner in all directors/commissoners meetings held during the year	Annual Report of Bank Mandiri FY 2022, page 581-583 - Board of Commissioners Meetings Frequency & Agenda Annual Report of Bank Mandiri FY 2022, page 666- 670 - Board of Directors Meetings Implementation	Annual Report of Bank Mandiri FY 2022, page 581-583 Annual Report of Bank Mandiri FY 2022, page 666- 670
D.2.7	Total remuneration of each member of the board of directors/commissioners	Bank Mandiri has disclosed Total Remuneration for Board of Directors and Board of Commissioners as stated in the Annual Report of Bank Mandiri in Remuneration Policy for the Board of Commissioners and the Board of Directors Annual Report of Bank Mandiri FY 2022, page 650-653 (Remuneration and Facilities of The Board of Commissioners And Directors)	Annual Report of Bank Mandiri FY 2022
Corporate Governance Confirmation Statement
D.2.8	Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?	Statements regarding implementation of Governance have been included in the Annual Report of Bank Mandiri FY 2022 as mentioned in page 521 (Commitment To Corporate Governance), 527-528 (Governance Implementation In 2022 & 2023 Plan), 530 (Governance Assessment- Assessment Scores), 531-534 (Governance Assessment- External Party Assessment)	Annual Report of Bank Mandiri FY 2022, page 521 Annual Report of Bank Mandiri FY 2022, page 527-528 Annual Report of Bank Mandiri FY 2022, page 530 Annual Report of Bank Mandiri FY 2022, page 531-534
D.3 Disclosure of related party transactions (RPT )
D.3.1	Does the company disclose its policy covering the review and approval of material/significant RPTs?	Bank Mandiri has disclosed transaction Policies with the Related Parties of Bank Mandiri are as follows: Secretary of the Credit Committee submit and report on Gross Assets Value requiring for consultation or requesting for approval to Board of Commissioners. Restructured Credits to the Related Parties will be analyzed/reviewed by the certified and reputable financial consultant. (Transaction Policy with Related Parties - Bank Mandiri Website) Referring to Bank Mandiri's internal policy, it is stated that the policy of providing funds to related parties shall not be contrary to the general procedure of granting the provision of funds in force and shall continue to provide a reasonable benefit to the company, the provision shall also be subject to the approval of the Board of Commissioners. Annual Report of Bank Mandiri FY 2022, page 412-414 (Information Regarding Material Transactions Containing Conflict Of Interest And/Or Transactions With Affiliated/Related Parties) Annual Report of Bank Mandiri FY 2022, page 415 (Review Mechanism Policy for Transactions and Fulfillment of Related Rules and Regulations) Annual Report of Bank Mandiri FY 2022, page 1320-1333 (Related Party Transactions)	Transaction Policy with the Related Parties Annual Report of Bank Mandiri FY 2022, page 412-414 Annual Report of Bank Mandiri FY 2022, page 415 Annual Report of Bank Mandiri FY 2022, page 1320-1333
D.3.2	Does the company disclose the name of the related party and relationship, nature and value for each significant/material RPTs?	Bank Mandiri has disclosed information about Related Parties Transaction as mentioned in Annual Report of Bank Mandiri FY 2022, page 412-414 (Information Regarding Material Transactions Containing Conflict Of Interest And/Or Transactions With Affiliated/Related Parties), page 1320-1333 (Related Party Transactions)	Annual Report of Bank Mandiri FY 2022, page 412-414 Annual Report of Bank Mandiri FY 2022, page 1320-1333
D.4 Does the company disclose trading in the company's shares by insiders?
D.4.1	Does the company disclose trading in the company's shares by insiders ?	Bank Mandiri has disclosed information as referred to in the Annual Report of Bank Mandiri FY 2022, as mentioned in page 166-171 (Board of Commissioners and Board of Directors Shares Trading)	Annual Report of Bank Mandiri FY 2022
D.5 External auditor and Auditor Report Where the same audit firm is engaged for both audit and non-audit services
D.5.1	Are the audit and non-audit fees disclosed ?	Bank Mandiri has disclosed the audit and non-audit fees information in the Annual Report of Bank Mandiri FY 2022, page 745 (Fees for Audit Services and Other Services)	Annual Report of Bank Mandiri FY 2022
D.5.2	Does the non-audit fee exceed the audit fees ?	Non-audit fee amounted to IDR 1.037.184.000,- does not exceed the audit fee that amounted to IDR 14.906.452.364,- Annual Report of Bank Mandiri FY 2022, page 745 (Fees for Audit Services and Other Services)	Annual Report of Bank Mandiri FY 2022
D.6 Medium of communications
D.6.1	Quarterly reporting	Bank Mandiri has submit quarterly reports to OJK, IDX, Ministry of Finance, & Ministry of SOEs. Those reports also can be downloaded on Bank Mandiri Website. Annual Report of Bank Mandiri FY 2022 page 729 (Transparency of Report Submissions - Periodic Reports)	Annual Report of Bank Mandiri FY 2022
D.6.2	Company website	Bank Mandiri uses Company Website as communication medium, which may be accessed through : www.bankmandiri.co.id Annual Report of Bank Mandiri FY 2022 page 217 (Information on Bank Mandiri Website)	Bank Mandiri Website Annual Report of Bank Mandiri FY 2022
D.6.3	Analyst's briefing	Bank Mandiri prepares Analyst's Meeting as a communication medium. Such information may be accessed through Bank Mandiri Website. (Bank Mandiri Website) Annual Report of Bank Mandiri FY 2022, page 37	Corporate Presentation Annual Report of Bank Mandiri FY 2022
D.6.4	Media briefings /press conferences	Bank Mandiri uses press release media as communication medium. The information may be accessed through : Annual Report of Bank Mandiri FY 2022, page 783-784 (Information Access And Corporate Data) News Release (Bank Mandiri Website)	Annual Report of Bank Mandiri FY 2022 News Release
D.7 Timely filing/release of annual/financial reports
D.7.1	Are the audited annual financial report / statement released within 120 days from the financial year end?	Bank Mandiri has published Financial Statement Year 2022 on January 31, 2023 (within 120 days) through Website Bank Mandiri, the Print Media Kontan, Bisnis Indonesia and The Jakarta Post	Website Bank Mandiri Annual Report of Bank Mandiri FY 2022
D.7.2	Is the annual report released within 120 days from the financial year end?	Bank Mandiri has published Annual Report FY 2021 through Bank Mandiri Website and Indonesia Stock Exchange Website on 28 January 2022, and has officially determined the Annual Report in GMS on 10 March 2022, as mentioned on : Annual Report (Bank Mandiri Website) IDX Website Bank Mandiri 2023 AGM Meeting Summary in th first meeting agenda 1 Bank Mandiri's Letter to OJK Number HBK.CSC/CMA.628/2023 date 20 February 2022, concerning The Submission of Bank Mandiri's Annual Report FY 2021	Bank Mandiri Website IDX Website Bank Mandiri's Letter to OJK Number HBK.CSC/CMA.628/2023 Bank Mandiri 2023 AGM Meeting Summary
D.7.3	Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?	Information as referred to under the Annual Report of Bank Mandiri FY 2022 in : Board of Commisioners and Board of Director's Statement regarding The Responsibility For The Consolidated Financial Statements as at and for the year ended 31 December 2022 Annual Report of Bank Mandiri FY 2022, page 82 (Statements of Accountability for 2022 Annual Report by the Board of Commissioners of PT Bank Mandiri (Persero) Tbk) Annual Report of Bank Mandiri FY 2022, page 83 (Statements of Accountability for 2022 Annual Report by the Board of Directors of PT Bank Mandiri (Persero) Tbk)	Annual Report of Bank Mandiri FY 2022, page 82 Annual Report of Bank Mandiri FY 2022, page 83
D.8 Company website (Does the company have a website disclosing up-to-date information on the following) Does the company have a website disclosing up-to-date information on the following :
D.8.1	Financial statements/reports (latest quarterly)	Bank Mandiri has disclosed latest quarterly Financial Statements / Reports on Bank Mandiri Website.	Quarterly Financials
D.8.2	Materials provided in briefings to analysts and media	Bank Mandiri disclosed the Information which is provided in Analyst's Meeting available in Bank Mandiri Website.	Corporate Presentations
D.8.3	Downloadable annual report	Bank Mandiri has disclosed Annual Report downloadable in Bank Mandiri Website.	Annual Report
D.8.4	Notice of AGM and/or EGM	Bank Mandiri has disclosed Summons for the AGMS and the Extraordinary General Meeting of Shareholders (EGMS) in Bank Mandiri Website	AGMS EGMS
D.8.5	Minutes of AGM and/or EGM	Bank Mandiri has disclosed Minutes to AGMS and EGMS in Bank Mandiri Website	AGMS EGMS
D.8.6	Company's constitution (company's by-laws, memorandum and articles of association)	Bank Mandiri has disclosed Articles of Association of the Company in Bank Mandiri Website	Articles of Association
D.9 Investor relations
D.9.1	Does the company disclose the contact details (e.g. telephone, fax, and email) of the officer / office responsible for investor relations?	Bank Mandiri has disclosed detail of contact from Investor Relations Unit available at Bank Mandiri Website. Contact Us (Bank Mandiri Website) Investor Relations Group - Annual Report of Bank Mandiri FY 2022, page 730-732 Information Access And Corporate Data - Annual Report of Bank Mandiri FY 2022, page 783-784	Contact Us Annual Report of Bank Mandiri FY 2022, page 730-732 Annual Report of Bank Mandiri FY 2022, page 783-784

E. Responsibilities of the Board

Level 2 - Bonus Items

Part	Items	BMRI Practice Year 2022	Source Information
(B)A. Right of Shareholder
(B)A.1 Right to participate effectively in and vote in general shareholders meeting and should be informed of the rules, including voting procedures, that govern general shareholders meeting.
(B)A.1.1	Does the company practice secure electronic voting in absentia at the general meetings of shareholders?	Voting is performed by vote cards and electronic counting. Bank Mandiri 2023 AGM Announcement Article 4 and 5 Bank Mandiri 2023 AGMS Highlight Article 12 paragraph e and f	Bank Mandiri 2023 AGM Announcement Bank Mandiri 2023 AGMS Code of Conduct
(B)B. Equitable treatment of shareholders
(B)B.1 Notice of AGM
(B)B.1.1	Does the company release its notice of AGM (with detailed agendas and explanatory circulars), as announced to the Exchange, at least 28 days before the date of the meeting?	Date of the Annual GMS Performance: March 14, 2023 Invitation Date : February 20, 2023	Bank Mandiri 2023 AGM Invitation Bank Mandiri 2023 AGM Highlight
(B)C. Roles of Stakeholders
(B)C.1.1	Does the company adopt an internationally recognized reporting framework for sustainability (i.e. GRI, Integrated Reporting, SASB)?	Bank Mandiri has disclosed that the company has adopted the Standard GRI Content Index and SEOJK NO. 16/SEOJK.04/2021 Index SASB Index, TCFD Index & ESG MSCI Index, as mentioned in Sustainability Report (SR) FY 2022 pages 317-325, 326-329, 330-331, 332, 333-348	GRI Content Index SEOJK No. 16/SEOJK.04/2021 Index Sustainability Accounting Standard Board (SASB) Index– Financial Sector Task Force on Climat e Relat ed Financial Disclosures (TCFD) Index ESG MSCI Index
(B)D. Disclosure and transparency
(B)D.1.1	Are the audited annual financial report /statement released within 60 days from the financial year end?	Bank Mandiri has published Financial Statement Year 2022 through the Print Media Koran Kontan and The Jakarta Post on February 01, 2023	Bank Mandiri Website
(B)D.1.2	Does the company disclose details of remuneration of the CEO?	Bank Mandiri has disclosed Total Remuneration for Board of Directors and Board of Commissioners as stated in the Annual Report of Bank Mandiri in Remuneration Policy for the Board of Commissioners and the Board of Directors - Annual Report of Bank Mandiri FY 2022, page 650-653	Remuneration and Facilities of The Board of Commissioners And Directors
(B)E. Responsibilities of the Board
(B)E.1 Board Competencies and Diversity
(B)E.1.1	Does the company have at least one female independent director/commissioner?	Bank Mandiri have 1 (one) female independent commissioner, namely Ibu Loeke Larasati Agoestina (Bank Mandiri Website, Annual Report of Bank Mandiri FY 2022 pages 59, 124-135)	Bank Mandiri Website Composition and Basis of Appointment of the Company’s Board of Commissioners Before the Annual GMS Dated 10 March 2022 Profile of The Board of Commissioners
(B)E.1.2	Does the company have a policy and disclose measurable objectives for implementing its board diversity and report on progress in achieving its objectives?	Diversity Of The Board Of Commissioners And Directors has disclose in Annual Report of Bank Mandiri FY 2022 pages 641-644	Diversity of The Board of Commissioners And Directors
(B)E.2 Board Structure
(B)E.2.1	Does the Nominating Committee comprise entirely of independent directors/ commissioners?	Composition of members of the Independent Commissioners under Nomination Committee is 3 (three) person from 6 (six) members of Nomination and Remuneration Committee, as well as according to POJK No. 55/POJK.06/2016 regarding Implementation of Good Corporate Governance for Commercial Banks (Annual Report of Bank Mandiri FY 2022, page 608-609)	Structure, Membership and Profile of the Remuneration and Nomination Committee
(B)E.2.2	Does the Nominating Committee undertake the process of identifying the quality of directors aligned with the company's strategic directions?	Remuneration & Nomination Committee Charter, poin 3.1.1.3) page 4 (Bank Mandiri Website) The Remuneration and Nomination Committee, through 15 meetings in 2022, has provided recommendations/proposals for qualified candidates as Members of the Board of Commissioners and Directors of Bank Mandiri to the Board of Commissioners to be submitted to the GMS. The proposal was obtained through a series of processes conducted by the Remuneration and Nomination Committee, including the formulation of policies, criteria, and qualifications necessary for the nomination process for candidates for the Board of Commissioners and Board of Directors in accordance with the Company’s strategic plan. In addition, the Remuneration and Nomination Committee assists the Board of Commissioners in obtaining and analysing data on prospective Board of Directors candidates from the talent pool of officers one level below the Board of Directors and in identifying qualified candidates for the Board of Commissioners. (Annual Report of Bank Mandiri Year 2022, pages 57, 614)	Bank Mandiri Website The Remuneration and Nomination Committee Remuneration and Nomination Committee Activities in 2022
(B)E.3 Board Appointments and Re-Election
(B)E.3.1	Does the company use professional search firms or other external sources of candidates (such as director databases set up by director or shareholder bodies) when searching for candidates to the board of directors/commissioners?	The Ministry of SOEs will evaluate the list oftop talents and assign one of theinstitutions organizing the talent assessment of the Directors of the Ministry of SOEs. The candidates that obtain recommendations from the Assessor Service Company will be reported by the Remuneration and Nomination Committee to the Board of Commissioners as the candidates for submission to the GMS (Annual Report of Bank Mandiri Year 2022, pages 614-616)	Board of Directors Succession Policy- Procedures
(B)E.4 Board Structure & Composition
(B)E.4.1	Do independent non-executive directors/ commissioners make up more than 50% of the board of directors/commissioners for a company with independent chairman?	Number and Composition of Board of Commissioners FY 2023 (after changes in composition of Board of Commissioners), indicates that composition of Independent Commissioners is 6 (six) out of 11 (eleven) or more than 50% of the members of Board of Commissioners are the Independent Commissioners. Furthermore, the President Commissioner of Bank Mandiri is an Independent Commissioner. The composition of the Board of Commissioners of the Company as of December 31, 2022 totaled 10 (ten) members with 5 (five) of whom were Independent Commissioners, which meant 50% (fifty percent) of the total Commissioners. (Annual Report of Bank Mandiri FY 2022, page 568)	Bank Mandiri 2022 AGMS Result Bank Mandiri 2022 AGMS Highlight Board Of Commissioners Composition
(B)E.5 Risk Oversight
(B)E.5.1	Does the board describe its governance process around IT issues including disruption, cyber security, disaster recovery, to ensure that all key risks are identified, managed and reported to the board?	IT governance has been disclosed in Annual Report of Bank Mandiri Year 2022 pages 508-509	IT Governance
(B)E.6 Board Performance
(B)E.6.1	Does the company have a separate board level Risk Committee?	Bank Mandiri has the Risk Monitoring Committee (under BOC) and Risk Management Committee (under BOD) separate from other committees as mentioned on Annual Report of Bank Mandiri Year 2022, pages 122-123, 590, 617-625, 706-710	Organizational Structure Risk Monitoring Committee Risk Monitoring Committee Risk Management & Credit Policy Committee

SPACE

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Part	Items	BMRI Practice Year 2022	Source Information
A.1 Basic Shareholder Rights
A.1.1	Does the company pay (interim and final/annual) dividends in an equitable and timely manner; that is, all shareholders are treated equally and paid within 30 days after being (i) declared for interim dividends and (ii) approved by shareholders at general meetings for final dividends? In chase the company has offered Scrip dividend, did the company paid the dividend within 60 days.	Final/annual Dividend: Bank Mandiri paid for dividend for less than 30 calendar days from performance of the Annual General Meeting of Sharholders (AGMS), as follows: Date to AGMS: 14 Maret 2023 Payment Date : 12 April 2023 as mentioned under Dividend & Split (Bank Mandiri Website) Bank Mandiri 2023 AGMS Result, 2nd agenda Annual Report Bank Mandiri FY 2022 page 408-409 (Dividen Policy and Distribution) Interim Dividend: Bank Mandiri didn't distribute interim dividend Script Dividend: Bank Mandiri didn't distribute script dividend	Dividend & Split Bank Mandiri 2023 AGMS Result Annual Report Bank Mandiri FY 2022 page 408-409
A.2 Right to Participate in decisions concerning fundamental corporate changes
A.2.1	Amendments to the company's constitution?	Shareholders have the right to participate in the amendments to the company's constitution through GMS as stated in : Articles of Association of Bank Mandiri FY 2023, Article 28, section 2 Articles of Association of Bank Mandiri FY 2023, Article 25, section 5	Articles of Association of Bank Mandiri FY 2023, Article 28 Articles of Association of Bank Mandiri FY 2023, Article 25
A.2.2	The authorisation of additional shares?	Shareholders have the right to participate in the authorization of additional shares as stated in : Articles of Association of Bank Mandiri FY 2023, Article 4, section 5	Articles of Association of Bank Mandiri FY 2023, Article 4
A.2.3	The transfer of all or substantially all assets, which in effect results in the sale of the company?	Shareholders have the right to participate in the transfer of all or substantially assets, whic in effect results in the sale of company as stated in : Articles of Association of Bank Mandiri FY 2023, Article 12, section 10	Articles of Association of Bank Mandiri FY 2023, Article 12
A.3 Right to participate effectively in and vote in general shareholder meetings and should be informed of the rules, including voting procedures, that govern general shareholder meetings.
A.3.1	Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration (fees, allowances, benefit-in-kind and other emoluments) or any increases in remuneration for the non-executive directors/commissioners?	GMS determines remuneration and honorarium for fiscal year 2023 and performance tantieme (bonus) for Fiscal Year ended on December 31, 2022 for members of Board of Directors and Board of Commissioners of the Company, as mentioned under : Bank Mandiri 2023 AGMS Result, 3rd Agenda. Bank Mandiri 2023 AGMS Highlight, 3rd Agenda. Annual Report of Bank Mandiri FY 2022, page 551-553 (Rights of the Shareholders), 560 (The Third Meeting Agenda)	Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022, page 551-554 Annual Report of Bank Mandiri FY 2022, page 560
A.3.2	Does the company provide non-controlling shareholders a right to nominate candidates for board of directors/commissioners?	Members of the Board of Directors and Commissioners shall be appointed by the GMS of the candidates nominated by the Shareholders of Series A Dwiwarna shares, of which such nomination shall bind the GMS. Procedure for election of members of Board of Directors/Board of Commissioners shall comply with Regulation of the Minister of State-Owned Enterprise No. PER-11/MBU/07/2021 dated July 30, 2021 regarding Requirements and Procedure For Appointment and Dismissal of Board of Directors of the State-Owned Enterprise Articles of Association of Bank Mandiri FY 2023, Article 11, section 10 (page 25) Articles of Association of Bank Mandiri FY 2023, Article 14, section 12 (page 52) Annual Report of Bank Mandiri FY 2022 page 551-554, Rights of the Shareholders Annual Report of Bank Mandiri FY 2022 page 559-562, The eighth Meeting Agenda, Change in composition of management of the company	No. PER-11/MBU/07/2021 Article of Association of Bank Mandiri FY 2023, Article 11 Article of Association of Bank Mandiri FY 2023, Article 14 Annual Report of Bank Mandiri FY 2022 page 551-554 Annual Report of Bank Mandiri FY 2022 page 559-562
A.3.3	Does the company allow shareholders to elect directors/commissioners individually?	Shareholders may elect individual Board of Directors/Board of Commissioners: Articles of Association of Bank Mandiri FY 2023, Article 11, section 10 Articles of Association of Bank Mandiri FY 2023, Article 14, section 12 Bank Mandiri 2023 AGMS Result, 8th Agenda Bank Mandiri 2023 AGMS Highlight, 8th Agenda Annual Report of Bank Mandiri FY 2022 page 551-554 (Rights of the Shareholders) Annual Report of Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS - The eighth Meeting Agenda, Change in composition of management of the company)	Articles of Association of Bank Mandiri FY 2023, Article 11 Articles of Association of Bank Mandiri FY 2023, Article 14 Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 551-554 Annual Report of Bank Mandiri FY 2022 page 559-562
A.3.4	Does the company disclose the voting procedures used before the start of meeting?	Bank Mandiri has described the voting procedures used before performance of GMS in : Bank Mandiri 2023 AGMS Code of Conduct, point 13 – Voting procedures Annual Report of Bank Mandiri FY 2022 page 557 (Decision Making Mechanism)	Bank Mandiri 2023 AGMS Code of Conduct Annual Report of Bank Mandiri FY 2022 page 557
A.3.5	Do the minutes of the most recent AGM record that the shareholders were given the opportunity to ask questions and the questions raised by shareholders and answers given recorded?	In Bank Mandiri 2023 AGMS minutes of meeting has provided information on answers to questions raised by Shareholders at the AGMS Annual Report of Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS) Annual Report of Bank Mandiri FY 2022 page 562-566 (Implementation Of Previous Year Annual GMS (Fiscal Year 2021) And Realizations)	Annual Report of Bank Mandiri FY 2022 page 559-562 Annual Report of Bank Mandiri FY 2022 page 562-566
A.3.6	Does the company disclose the voting results including approving, dissenting, and abstaining votes for all resolutions/each agenda item for the most recent AGM?	Bank Mandiri has disclosed the results of the voting including consent, dissenting opinion, and abstention on each agenda, in: Bank Mandiri 2023 AGMS Result - Mechanism for Resolution Making, page 3 Bank Mandiri 2023 AGMS Highlight -Mechanism for Resolution Making, page 3 Annual Report of Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS) Annual Report of Bank Mandiri FY 2022 page 562-566 (Implementation Of Previous Year Annual GMS (Fiscal Year 2021) And Realizations)	Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 559-562 Annual Report of Bank Mandiri FY 2022 page 562-566
A.3.7	Does the company disclose the list of board members who attended the most recent AGM?	Bank Mandiri has disclosed the list of Board of Directors and Board of Commissioners presented at the GMS 2022, in: Bank Mandiri 2023 AGMS Result, paragraph 2 Bank Mandiri 2023 AGMS Highlight, page 1-2 Annual Report of Bank Mandiri FY 2022 page 558 (Attendance Recapitulation at 2022 Annual General Meeting of Shareholders)	Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 558
A.3.8	Does the company disclose that all board members and the CEO (if he is not a board member) attended the most recent AGM?	The Meeting was chaired by Mr Muhamad Chatib Basri as President Commissioner/Independent Commissioner based on resolution of the Meeting of the Board of Commissioners dated 14 March 2023 and attended by members of the Board of Directors and Board of Commissioners, as metioned under: Bank Mandiri 2023 AGMS Result, page 1 & 2. Bank Mandiri 2023 AGMS Highlight, page 1 & 2 Annual Report of Bank Mandiri FY 2022 page 558 (Attendance Recapitulation at 2022 Annual General Meeting of Shareholders)	Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 558
A.3.9	Does the company allow for voting in absentia?	The shareholder either is personally or represented by virtue of a Letter of Proxy reserves the right to attend the GMS, under condition that during the voting, members of Board of Directors, members of Board of Commissioners and employees of the Company shall be prohibited to act as a proxy under GMS. Articles of Association of Bank Mandiri FY 2023, Article 25, section 11 Bank Mandiri 2023 AGMS Code of Conduct point 12 – Voting Procedures Annual Report of Bank Mandiri FY 2022 page 557 (Decision Making Mechanism)	Articles of Association of Bank Mandiri FY 2023 Article 25 Bank Mandiri 2023 AGMS Code of Conduct Annual Report of Bank Mandiri FY 2022 page 557
A.3.10	Did the company vote by poll (as opposed to by show of hands) for all resolutions at the most recent AGM?	In the implementation of voting, each share provides the holder of it to cast 1 (one) vote, as mentioned under: Bank Mandiri 2023 AGMS Code of Conduct, point 11 – Meeting Resolutions Bank Mandiri 2023 AGMS Code of Conduct, point 12 – Voting Procedures Articles of Association of Bank Mandiri FY 2023, article 25, section 10 Annual Report of Bank Mandiri FY 2022 page 557 (Decision Making Mechanism)	Bank Mandiri 2023 AGMS Code of Conduct Articles of Association of Bank Mandiri FY 2023, Article 25 Annual Report of Bank Mandiri FY 2022 page 557
A.3.11	Does the company disclose that it has appointed an independent party (scrutineers/inspectors) to count and/or validate the votes at the AGM?	Bank Mandiri has disclosed the appointment of the independent party namely the Notary Utiek R. Abdurachman SH., MLI., MKn and PT Datindo Entrycom for the purpose of vote counting : Bank Mandiri 2023 AGMS Result, Independent Party for Vote Count Bank Mandiri 2023 AGMS Highlight, page 3 Annual Report of Bank Mandiri FY 2022 page 558 (Independent Vote Counter)	Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 558
A.3.12	Does the company make publicly available by the next working day the result of the votes taken during the most recent AGM for all resolutions?	Bank Mandiri has published voting results under 2023 AGMS within 1 (one) business day after Performance to AGMS on the date of March 15, 2023. Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 557-558 (2022 AGMS Implementation)	Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 557-558
A.3.13	Do companies provide at least 21 days notice for all AGMs and EGMs?	Announcement of 2023 AGMS: 3 February 2023 Invitation for 2023 AGMS : 20 February 2023 Performance of 2023 AGMS: 14 March 2023 Based on the aforementioned information, announcement and invitation for AGMS made within 21 calendar days before performance of GMS. Bank Mandiri 2023 AGMS Announcement Bank Mandiri 2023 AGMS Invitation Annual Report of Bank Mandiri FY 2022 page 557-558 (2022 AGMS Implementation)	Bank Mandiri 2023 AGMS Announcement Bank Mandiri 2023 AGMS Invitation Annual Report of Bank Mandiri FY 2022
A.3.14	Does the company provide the rationale and explanation for each agenda item which require shareholders’ approval in the notice of AGM/circulars and/or the accompanying statement?	Bank Mandiri has prepared explanation to each agenda requiring Shareholders’ approval under: Bank Mandiri 2023 AGMS Invitation - Meeting Agenda Bank Mandiri 2023 AGMS Code of Conduct Annual Report of Bank Mandiri FY 2022 page 557-566 (The 2022 Annual General Meeting of Shareholders and Its Realization)	Bank Mandiri 2023 AGMS Invitation - Meeting Agenda Bank Mandiri 2023 AGMS Code of Conduct Annual Report of Bank Mandiri FY 2022 page 557-566
A.3.15	Does the company give the opportunity for shareholder to place item/s on the agenda of AGM?	In the agenda of the Annual GMS, may be included a proposal proposed by the Board of Commissioners and/or a Shareholder or more representing at least 1/20 (one-twentieths) of the total shares issued by the Company with the valid voting rights, provided that the relevant proposal shall be received by the Board of Directors no later than 7 (seven) days prior to the notice of the Annual GMS. Articles of Association FY 2023, Article 23 Section 6 Annual Report of Bank Mandiri FY 2022 page 553 (Rights of General Shareholders)	Articles of Association Bank Mandiri FY 2023, Article 23 Annual Report of Bank Mandiri FY 2022
A.4 Markets for corporate control should be allowed to function in an efficient and transparent manner
A.4.1	In cases of mergers, acquisitions and/or takeovers requiring shareholders approval, does the board of directors/commissioners of the offeree company appoint an independent party to evaluate the fairness of the transaction price?	Bank Mandiri has disclosed information related to Investment, Expansion, Divestment, Acquisition and/or Restructuring of Debt/Capital in the Annual Report of Bank Mandiri, stated that the engagement of third party’s services to asses fairness of Investment, Acquisition, Divestment and Restructuring transactions made subject to the capital market applicable provisions. (Annual Report of Bank Mandiri FY 2022, page 401-403)	Annual Report of Bank Mandiri FY 2022
A.5 The exercise of ownership rights by all shareholders, including institutional investors, should be facilitated.
A.5.1	Does the company disclose its practices to encourage shareholders to engage with the company beyond AGM?	In order to provide fast and accurate information and become a media link between companies and capital market players, the Company has formed a work unit called Investor Relations. With the provision of accurate and accurate data, it is expected to be able helping capital market players in the investment decisionmaking process in the Company including to instill perceptions and expectations in the eyes of investors and potential investors regarding the Company’s strategy, operational performance and financial performance. The information is mentioned in: Menu Investor Relations (Bank Mandiri Website – Menu Investor Relations) Annual Report Bank Mandiri FY 2022 page 553 (Rights of General Shareholders) Annual Report Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS - The eighth Meeting Agenda, Change in composition of management of the company) Annual Report Bank Mandiri FY 2022 page 562-566 (Implementation Of Previous Year Annual GMS (Fiscal Year 2021) And Realizations- ninth Meeting Agenda, Change in composition of management of the company)	Bank Mandiri Website Annual Report Bank Mandiri FY 2022 page 553 Annual Report Bank Mandiri FY 2022 page 559-562 Annual Report Bank Mandiri FY 2022 page 562-566

Part	Items	BMRI Practice Year 2022	Source Information
B.1 Shares and voting rights
B.1.1	Do the company's ordinary or common shares have one vote for one share?	In the implementation of voting, each share provides the holder to cast 1 (one) vote, as mentioned in : Articles of Association of Bank Mandiri FY 2023, Article 25 - Section 10 and 12 Bank Mandiri 2023 AGMS Code of Conduct, point 12 – Voting Procedure Annual Report of Bank Mandiri FY 2022, page 553 (Rights of General Shareholders)	Bank Mandiri 2023 AGMS Code of Conduct Articles of Association of Bank Mandiri FY 2023, Article 25 Annual Report of Bank Mandiri FY 2022, page 553
B.1.2	Where the company has more than one class of shares, does the company publicise the voting rights attached to each class of shares (e.g. through the company website / reports/ the stock exchange/ the regulator's website)?	Bank Mandiri’s shares are registered shares and are issued on behalf of the owner as registered in the Shareholders Register consisting of Series A Dwiwarna share that specifically can only be owned by the State of The Republic of Indonesia and Series B shares which may be owned by the public. The Company only acknowledges one person (individual person or legal entity) as the holder of 1 (one) share or more. The information is mentioned in : Articles of Association FY 2023, Article 5 Section 1(page 9) Annual Report of Bank Mandiri FY 2022 page 553 (Rights of General Shareholders)	Articles of Association of Bank Mandiri FY 2023, Article 5 Annual Report of Bank Mandiri FY 2022 page 553
B.2 Notice of AGM
B.2.1	Does each resolution in the most recent AGM deal with only one item, i.e., there is no bundling of several items into the same resolution?	Each determination for agenda is not related to determination of other agendas. Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS) Annual Report of Bank Mandiri FY 2022 page 562-566 (Implementation Of Previous Year Annual GMS (Fiscal Year 2021) and Realizations)	Bank Mandiri 2023 AGMS Result Bank Mandiri 2023 AGMS Highlight Annual Report of Bank Mandiri FY 2022 page 559-562 Annual Report of Bank Mandiri FY 2022 page 562-566
B.2.2	Are the company's notice of the most recent AGM/circulars fully translated into English and published on the same date as the local-language version?	Announcement and Invitation for 2023 AGMS is made in counterparts, in Indonesian and English languages, as well as published on the same date. Bank Mandiri 2023 AGMS Announcement (Indonesia & English) Bank Mandiri 2023 AGMS Invitation(Indonesia & English) Annual Report of Bank Mandiri FY 2022 page 557-558 (2022 AGMS Implementation)	Bank Mandiri 2023 AGMS Announcement (Indonesia) Bank Mandiri 2023 AGMS Announcement (English) Bank Mandiri 2023 AGMS Invitation (Indonesia) Bank Mandiri 2023 AGMS Invitation (English) Annual Report of Bank Mandiri FY 2022
B.2.3	Are the profiles of directors/commissioners (at least age, academic qualification, date of first appointment, experience, and directorships in other listed companies) in seeking election/re-election included?	Profile of prospective member of Board of Commissioners and Board of Directors shall be presented during performance to AGMS. Bank Mandiri 2023 AGMS Agenda, Notes Bank Mandiri 2023 AGMS Announcement Annual Report of Bank Mandiri FY 2022 page 561-562 (Changes in the Company's Board of Management) Annual Report of Bank Mandiri FY 2022 page 566 (Changes in the Company's Board of Management)	Bank Mandiri 2023 AGMS Agenda Bank Mandiri 2023 AGMS Announcement Annual Report of Bank Mandiri FY 2022 page 561-562 Annual Report of Bank Mandiri FY 2022 page 566
B.2.4	Are the auditors seeking appointment/re-appointment clearly identified?	Bank Mandiri appointed Public Accounting Firm Tanudiredja, Wibisana, Rintis and Partner (PricewaterhouseCoopers International Limited) to audit the Consolidated Financial Statements of the Company and Annual Partership and Community Development Program Report for the Financial Year ended on 31 Desember 2022, as mentioned in : Bank Mandiri 2022 Attachment to AGM Supporting Materials, Agenda 4 Annual Report of Bank Mandiri FY 2022 page 560 (The Fourth Meeting Agenda Appointment of a Public Accounting Firm (PAF) to audit the Company's Consolidated Financial Statements and the Annual Financial Statements and the Implementation of Social and Environmental Responsibility Programs Reports for fiscal year 2022) Annual Report of Bank Mandiri FY 2022 page 564 (The Fourth Meeting Agenda Appointment of Public Accounting Firm (KAP) for preparing the audit Consolidated Financial Statements and the Annual Report of the Company on Implementation of Partnership and Environmental Development Program for the year ended 2021) Annual Report of Bank Mandiri FY 2022 page 744 (Appointment of Public Accountant)	Bank Mandiri 2023 List of Supporting Material for Agenda Annual Report of Bank Mandiri FY 2022 - page 560 Annual Report of Bank Mandiri FY 2022 - page 564 Annual Report of Bank Mandiri FY 2022 - page 744
B.2.5	Were the proxy documents made easily available?	Document of power of attorney from Shareholders may be downloaded in Bank Mandiri website and may be obtained at the Company’s share registrar office during office hours. Bank Mandiri 2023 Invitation of the AGMS, Notes Bank Mandiri 2023 Power of Attorney of the AGMS	Bank Mandiri 2023 Invitation of the AGMS Bank Mandiri 2023 Power of Attorney of the AGMS
B.3 Insider trading and abusive self-dealing should be prohibited
B.3.1	Does the company have policies and/or rules prohibiting directors/commissioners and employees to benefit from knowledge which is not generally available to the market?	Bank officials possessing the confidential information shall not misuse such information for their personal, their families or other third parties advantages. as mentioned in : Information Regarding Material Transactions Containing Conflict Of Interest And/Or Transactions With Affiliated/Related Parties - Annual Report FY 2022, page 412-414 Management of the Board of Commissioners’s Conflict of Interest - Annual Report FY 2022, page 557 Management of the Board of Directors Conflict of Interest - Annual Report FY 2022, page 661 Code of Conduct - Annual Report FY 2022, page 785-789 Prevention of Insider Trading - Annual Report FY 2022, page 799	Annual Report of Bank Mandiri FY 2022, page 412-414 Annual Report of Bank Mandiri FY 2022, page 557 Annual Report of Bank Mandiri FY 2022, page 661 Annual Report of Bank Mandiri FY 2022, page 785-789 Annual Report of Bank Mandiri FY 2022, page 799
B.3.2	Are the directors / commissioners required to report their dealings in company shares within 3 business days?	Pursuant to the Regulation of the Financial Services Authority No. 11/POJK.04/2017 on the Board of Commissioners and Board of Directors Shares Trading Policy, and the Company’s Corporate Secretary Standard Procedure, each member of the Board of Commissioners and Board of Directors shall inform their shareholding and any change pertaining to shareholding to the Company no later than 3 (three) days following the trading and must report of such action to theFinancial Services Authority at least 10 (ten) days after the disclosure In 2022, 41 (Forty-one) trading transactions by the Commissioners and Directors have been reported. Those transaction had been reported to OJK no later than 3 (three) bussiness Days Annual Report of Bank Mandiri FY 2022, page 166-171 (Board of Commissioners and Board of Directors Shares Trading)	Annual Report of Bank Mandiri FY 2022, page 166-171
B.4 Related party transactions by directors and key executives
B.4.1	Does the company have a policy requiring directors/commissioners to disclose their interest in transactions and any other conflicts of interest?	Bank Mandiri has policy stipulating the disclosure by Board of Directors and Board of Commissioners regarding conflict of interest stated in GCG Charter. GCG Charter - Conflict of Interest point 3.c2 & c3, page 8-9. Management of the Board of Commissioners’s Conflict of Interest - Annual Report of Bank Mandiri FY 2022, page 557 Management of the Board of Directors Conflict of Interest - Annual Report of Bank Mandiri FY 2022, page 661	GCG Charter Annual Report of Bank Mandiri FY 2022, page 557 Annual Report of Bank Mandiri FY 2022, page 661
B.4.2	Does the company have a policy requiring a committee of independent directors/commissioners to review material/significant RPTs to determine whether they are in the best interests of the company and shareholders?	Transaction Policies with the Related Parties of Bank Mandiri are as follows : Bank Mandiri Website - Good Corporate Governance - Governance Process - Governance Documents - Transaction Policy with Related Parties, points 5 and 6 - The restructured credits to the Related Parties must be be analyzed/reviewed by the certified and reputable an independent financial consultant. Annual Report Bank Mandiri FY 2022 page 412-414 (Information Regarding Material Transactions Containing Conflict Of Interest And/Or Transactions With Affiliated/Related Parties)	Transaction Policy with Related Parties Annual Report Bank Mandiri FY 2022 page 412-414
B.4.3	Does the company have a policy requiring board members (directors/commissioners) to abstain from participating in the board discussion on a particular agenda when they are conflicted?	Bank Mandiri determines policies specifying : Each member of the Board of Directors who is personally in any way whatsoever, either directly or indirectly, has interest in a transaction, contract or a proposed contract in which matter the Company is a party, must declared in the Board of Directors Meeting and accordingly has no right to cast a vote concerning the matters in relation to the such transaction or contract. Each member of the Board of Commissioners who is personally in any way whatsoever, either directly or indirectly, has interest in a transaction, contract or a proposed contract in which matter the Company is a party must be declared in the Board of Commissioners Meeting and accordingly has no right to cast a vote concerning matters in relation to such transaction or contract. as mentioned in: Articles of Association of Bank Mandiri FY 2023, Article 13, section 22 Articles of Association of Bank Mandiri FY 2023, Article 16, section 21 Charter of Board of Commissioners Article 4 section 3, and 11 section 9 Charter of Board of Directors, Article 16 section 3 Annual Report of Bank Mandiri FY 2022 page 577 (Management of the Board of Commissioners’s Conflict of Interest) Annual Report of Bank Mandiri FY 2022 page 661 (Management of the Board of Directors Conflict of Interest)	Articles of Association of Bank Mandiri, Article 13 Articles of Association of Bank Mandiri, Article 16 Charter of Board of Commissioners Charter of Board of Directors Annual Report of Bank Mandiri FY 2022 page 577 Annual Report of Bank Mandiri FY 2022 page 661
B.4.4	Does the company have policies on loans to directors and commissioners either forbidding this practice or ensuring that they are being conducted at arm's length basis and at market rates?	Bank Mandiri determines policies specifying : Bank Mandiri has internal policies related to transactions containing conflict of interest and/or transactions with affiliates. The policy of providing funds to related parties shall not be contrary to the general procedure of granting the provision of funds in force and shall continue to provide a reasonable benefit to the company, the provision shall also be subject to the approval of the Board of Commissioners. Annual Report of Bank Mandiri FY 2022 page 415 (Review Mechanism Policy for Transactions and Fulfillment of Related Rules and Regulations, Lending Policies for the Board of Commissioners and Directors) Annual Report of Bank Mandiri FY 2022 page 577 (Management of the Board of Commissioners’s Conflict of Interest) Annual Report of Bank Mandiri FY 2022 page 661 (Management of the Board of Directors Conflict of Interest) Annual Report of Bank Mandiri FY 2022 page 785 -789 (Code of Conduct) Annual Report of Bank Mandiri FY 2022 page 799 (Prevention Of Insider Trading)	Annual Report of Bank Mandiri FY 2022 page 415 Annual Report of Bank Mandiri FY 2022 page 577 Annual Report of Bank Mandiri FY 2022 page 661 Annual Report of Bank Mandiri FY 2022 page 785 -789 Annual Report of Bank Mandiri FY 2022 page 799
B.5 Protecting minority shareholders from abusive actions
B.5.1	Does the company disclose that RPTs are conducted in such a way to ensure that they are fair and at arms' length?	Bank Mandiri and its Subsidiaries conduct transactions with related parties as defined in PSAK No. 7 concerning “Disclosure of Related Parties” and Bapepam and LK Regulation No. KEP-347/BL/2012 dated 25 June 2012 on Presentation and Disclosure of Financial Statements of Issuers or Public Companies, and Financial Services Authority Regulation No. 42/POJK.04/2020 dated 2 July 2020 on Affiliated Transactions and Conflict of Interest Transactions All transactions made in 2022 were conducted in an arm's length manner conforming with normal commercial terms. The arm's length nature of transactions with related parties or having conflicts of interest were conducted in an arm's length manner conforming with the laws and regulations. Transactions were made due to the needs of Bank Mandiri and were considered free from conflicts of interest. In 2021, there were no related party transactions requiring approval from the GMS. Annual Report of Bank Mandiri FY 2022, page 412-414 (Information Regarding Material Transactions Containing Conflict Of Interest And/Or Transactions With Affiliated/Related Parties)	Annual Report of Bank Mandiri FY 2022, page 412-414
B.5.2	In case of related party transactions requiring shareholders approval, is the decision made by disinterested shareholders?	During 2022 there shall be no Related Party Transactions requiring approval from GMS. There were also no conflict of interest transactions as mentioned in BAPEPAM LK Regulation No. IX.E.1 on Conflict of Interest. Bank Mandiri Website- Good Corporate Governance - Governance Process - Governance Documents - Transaction Policy with the Related Parties Annual Report of Bank Mandiri FY 2022, page 412-414 (Information Regarding Material Transactions Containing Conflict Of Interest And/Or Transactions With Affiliated/Related Parties) Annual Report of Bank Mandiri FY 2022, page 415 (Review Mechanism Policy for Transactions and Fulfillment of Related Rules and Regulations) Annual Report of Bank Mandiri FY 2022, page 809 (Transparency Of Financial And Non-Financial Conditions)	Transaction Policy with the Related Parties Annual Report of Bank Mandiri FY 2022, page 412-414 Annual Report of Bank Mandiri FY 2022, page 415 Annual Report of Bank Mandiri FY 2022, page 809

Part	Items	BMRI Practice Year 2022	Source Information
C.1 The rights of stakeholders that are established by law or through mutual agreements are to be respected. (Does the company disclose a policy AND PRACTICES that ADDRESS)
C.1.1	The existence and scope of the company's efforts to address customers' welfare?	Policy and Implementation : Customer Service and Satisfaction - Sustainability Report FY 2022 page 148-150 Company's Product : Bank Mandiri Website - Individual Menu Bank Mandiri Website - Business Menu Bank Mandiri Website - Priority Menu Annual Report of Bank Mandiri FY 2022, page 86 (Company Identity) Annual Report of Bank Mandiri FY 2022, page 783-784 (Information Access And Corporate Data) Sustainability Report (SR) of Bank Mandiri FY 2022, page 148-150 (Customer Service and Satisfaction)	Sustainability Report (SR) of Bank Mandiri FY 2022, page 148-150 Individual Menu Business Menu Priority Menu Annual Report of Bank Mandiri FY 2022, page 86 Annual Report of Bank Mandiri FY 2022, page 783-784
C.1.2	Supplier/contractor selection procedures?	Bank Mandiri Website - Good Corporate Governance - Governance Process - Governance Documents - Procurement of Goods and Services Annual Report of Bank Mandiri FY 2022, page 543 (D.1.3 Recommendation 20: Bank Mandiri has a policy regarding Selection and Capacity Building for Suppliers or Vendors) Sustainability Report (SR) of Bank Mandiri FY 2022, page 109-111 (Local Suppliers)	Bank Mandiri Website Annual Report of Bank Mandiri FY 2022 Sustainability Report (SR) of Bank Mandiri FY 2022
C.1.3	The company's efforts to ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development?	Policy and Implementation: Sustainability Report Bank Mandiri FY 2022 page 109-111 (Local Suppliers) Sustainability Report Bank Mandiri FY 2022 page 196-211 (Preserving The Environment)	Sustainability Report Bank Mandiri FY 2022 page 109-111 Sustainability Report Bank Mandiri FY 2022 page 196-211
C.1.4	The company's efforts to interact with the communities in which they operate?	Policy and Implementation : Sustainability Report of Bank Mandiri 2022, page 212-227 (Promoting Community Well-Being)	Sustainability Report of Bank Mandiri 2022, page 212-227
C.1.5	Describe the company's anti-corruption programmes and procedures?	Implementation of Anti-Corruption Strategy : Annual Report of Bank Mandiri FY 2022, page 790-791 - Anti Corruption Program Annual Report of Bank Mandiri FY 2022, page 792-795 - Gratification Policy Annual Report of Bank Mandiri FY 2022, page 797-798 - Anti-Fraud Strategy Implementation	Annual Report of Bank Mandiri FY 2022, page 790-791 Annual Report of Bank Mandiri FY 2022, page 792-795 Annual Report of Bank Mandiri FY 2022, page 797-798
C.1.6	How creditors' rights are safeguarded?	Bank Mandiri Website - Good Corporate Governance - Governance Process - Governance Documents - Creditor's Rights Policy Annual Report of Bank Mandiri FY 2022, page 543 Annual Report of Bank Mandiri FY 2022, page 985-990 (Consumer Protection)	Creditor's Rights Policy (website) Annual Report of Bank Mandiri FY 2022, page 543 Annual Report of Bank Mandiri FY 2022, page 985-990
C.1.7	Does the company have a separate corporate responsibility (CR) report/section or sustainability report/section ?	Bank Mandiri has made a separated report discussing contribution of Bank Mandiri in environmental/economic and social management, comprising Sustainability Report that may be downloaded from Bank Mandiri Website. (Bank Mandiri Website)	Sustainability Report Bank Mandiri - Promoting Community Well-Being
C.2 Where stakeholder interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights.
C.2.1	Does the company provide contact details via the company's website or Annual Report which stakeholders (e.g. customers, suppliers, general public etc.) can use to voice their concerns and/or complaints for possible violation of their rights?	Bank Mandiri provides contact details through Bank Mandiri's website or Annual Report, where stakeholders may submit their criticisms and suggestions, as outlined in: Contact Us (Bank Mandiri Website - Contact Us Annual Report of Bank Mandiri FY 2022, page 985-988 (Consumer Protection) Sustainability Report FY 2022 page 148-150 (Customer Service and Satisfaction)	Contact Us Annual Report of Bank Mandiri FY 2022, page 985-988 Sustainability Report FY 2022 page 148-150
C.3 Performance-enhancing mechanisms for employee participation should be permitted to develop.
C.3.1	Does the company explicitly disclose the policies and practices on health, safety and welfare for its employees?	Bank Mandiri has disclosed policies and implementation on employees health, safety and welfare as follows: Bank Mandiri Website - About Mandiri Menu - GCG - Governance Process - Governance Document - Performance & Reward Management Annual Report of Bank Mandiri FY 2022, page 459-468 (Human Capital Framework) Sustainability Report of Bank Mandiri FY 2022, page 192-195 (Safe Working Environment)	Performance and Reward Management Annual Report of Bank Mandiri FY 2022, page 459-468 Sustainability Report of Bank Mandiri FY 2022, page 192-195
C.3.2	Does the company explicitly disclose the policies and practices on training and development programmes for its employees?	Bank Mandiri has disclosed Policy and development as follows : Performance and Reward Management (Bank Mandiri Website) Annual Report of Bank Mandiri FY 2022, page 465-499 (Human Capital Management Programs In 2022)	Performance and Reward Management Annual Report of Bank Mandiri FY 2022, page 465-499
C.3.3	Does the company have a reward/compensation policy that accounts for the performance of the company beyond short-term financial measures?	Bank Mandiri has policies regarding reward / compensation based on performance, as included in : Performance and Reward Management - Bank Mandiri Website Annual Report of Bank Mandiri FY 2022, page 492-493 (Employee Performance Assessments) Annual Report of Bank Mandiri FY 2022, page 494 (Employee Engagements) Annual Report of Bank Mandiri FY 2022, page 495 (Awards)	Performance and Reward Management Annual Report of Bank Mandiri FY 2022, page 492-493 Annual Report of Bank Mandiri FY 2022, page 494 Annual Report of Bank Mandiri FY 2022, page 495
C.4 Stakeholders including individual employee and their representative bodies, should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.
C.4.1	Does the company have a whistle blowing policy which include procedures for complaints by employees and other stakeholders concerning alleged illegal and unethical behaviour and provide contact details via the company's website or annual report	Bank Mandiri has owned and disclosed the policy regarding: Whistleblowing System (Bank Mandiri Website) Whistleblowing System (Annual Report of Bank Mandiri FY 2022, page 800-803) Gratification Policy (Annual Report of Bank Mandiri FY 2022 page 792-795)	Whistleblowing System (web) Annual Report of Bank Mandiri FY 2022, page 800-803 Annual Report of Bank Mandiri FY 2022 page 792-795
C.4.2	Does the company have a policy or procedures to protect an employee/person who reveals alleged illegal/unethical behaviour from retaliation?	Bank Mandiri has established procedures for protection of employees reporting activities that violate code of ethics as included in : Whistle blowing System (Bank Mandiri Website) Protection for Whistleblower - Annual Report of Bank Mandiri FY 2022, page 802	Whistle blowing System Annual Report of Bank Mandiri FY 2022, page 802

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A. Right of Shareholders

Part

Items

BMRI Practice Year 2022

Source Information

A.1 Basic Shareholder Rights

A.1.1

Final/annual Dividend: Bank Mandiri paid for dividend for less than 30 calendar days from performance of the Annual General Meeting of Sharholders (AGMS), as follows: Date to AGMS: 14 Maret 2023 Payment Date : 12 April 2023

as mentioned under

Dividend & Split (Bank Mandiri Website)​​​​​​​

Bank Mandiri 2023 AGMS Result, 2nd agenda

Annual Report Bank Mandiri FY 2022 page 408-409 (Dividen Policy and Distribution)

Interim Dividend: Bank Mandiri didn't distribute interim dividend

Script Dividend: Bank Mandiri didn't distribute script dividend

A.2 Right to Participate in decisions concerning fundamental corporate changes

A.2.1

Amendments to the company's constitution?

Shareholders have the right to participate in the amendments to the company's constitution through GMS as stated in :

Articles of Association of Bank Mandiri FY 2023, Article 28, section 2

Articles of Association of Bank Mandiri FY 2023, Article 25, section 5

A.2.2

The authorisation of additional shares?

Shareholders have the right to participate in the authorization of additional shares as stated in : Articles of Association of Bank Mandiri FY 2023, Article 4, section 5

A.2.3

The transfer of all or substantially all assets, which in effect results in the sale of the company?

Shareholders have the right to participate in the transfer of all or substantially assets, whic in effect results in the sale of company as stated in : Articles of Association of Bank Mandiri FY 2023, Article 12, section 10

A.3 Right to participate effectively in and vote in general shareholder meetings and should be informed of the rules, including voting procedures, that govern general shareholder meetings.

A.3.1

Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration (fees, allowances, benefit-in-kind and other emoluments) or any increases in remuneration for the non-executive directors/commissioners?

GMS determines remuneration and honorarium for fiscal year 2023 and performance tantieme (bonus) for Fiscal Year ended on December 31, 2022 for members of Board of Directors and Board of Commissioners of the Company, as mentioned under :

Final/annual Dividend:
Bank Mandiri paid for dividend for less than 30 calendar days from performance of the Annual General Meeting of Sharholders (AGMS), as follows:
Date to AGMS: 14 Maret 2023
Payment Date : 12 April 2023

Dividend & Split (Bank Mandiri Website)

Interim Dividend:
Bank Mandiri didn't distribute interim dividend

Script Dividend:
Bank Mandiri didn't distribute script dividend

Shareholders have the right to participate in the authorization of additional shares as stated in :
Articles of Association of Bank Mandiri FY 2023, Article 4, section 5

Shareholders have the right to participate in the transfer of all or substantially assets, whic in effect results in the sale of company as stated in :
Articles of Association of Bank Mandiri FY 2023, Article 12, section 10

Annual Report of Bank Mandiri FY 2022, page 551-553 (Rights of the Shareholders), 560 (The Third Meeting Agenda)

Annual Report of Bank Mandiri FY 2022 page 551-554, Rights of the Shareholders

Annual Report of Bank Mandiri FY 2022 page 559-562, The eighth Meeting Agenda, Change in composition of management of the company

Annual Report of Bank Mandiri FY 2022 page 551-554

Annual Report of Bank Mandiri FY 2022 page 551-554 (Rights of the Shareholders)

Annual Report of Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS - The eighth Meeting Agenda, Change in composition of management of the company)

Bank Mandiri 2023 AGMS Result

In Bank Mandiri 2023 AGMS minutes of meeting has provided information on answers to questions raised by Shareholders at the AGMS

Bank Mandiri has disclosed the results of the voting including consent, dissenting opinion, and abstention on each agenda, in:

Annual Report of Bank Mandiri FY 2022 page 559-562 (Decisions Of The 2022 Annual GMS)

Annual Report of Bank Mandiri FY 2022 page 562-566 (Implementation Of Previous Year Annual GMS (Fiscal Year 2021) And Realizations)