Governance Objectives
- Promote transparency and accountability.
- Protect shareholder interests.
- Support institutional financing requirements.
- Strengthen risk oversight.
- Maintain regulatory compliance.
- Support long-term sustainable growth.
Governance Structure
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Approved By | President Director |
| Classification | Controlled Document – Confidential |
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Effective Date | 13 June 2026 |
| Review Date | 13 June 2027 |
| Body | Role |
| Shareholders | Strategic ownership oversight |
| Board of Commissioners | Independent supervision |
| Board of Directors | Executive management |
| Management Team | Operational execution |
| External Auditors | Independent assurance |
| Document Status | Approved & Active |
| Supersedes | None |
| Publication Status | Institutional Data Room Release |
Governance Principles
| Principle | Description |
|---|---|
| Transparency | Open and accurate reporting |
| Accountability | Clear responsibility allocation |
| Responsibility | Compliance with obligations |
| Independence | Objective decision-making |
| Fairness | Equitable stakeholder treatment |
Board Responsibilities
- Approve strategic plans.
- Approve annual budgets.
- Approve financing transactions.
- Monitor risk management activities.
- Oversee ESG and sustainability commitments.
- Review major capital expenditure decisions.
Governance Reporting
| Report | Frequency |
|---|---|
| Board Report | Quarterly |
| Management Report | Monthly |
| Risk Report | Quarterly |
| Compliance Report | Quarterly |
| ESG Report | Semi-Annual |
| Audit Review | Annual |
Institutional Governance Commitment
PT Sapta Borneo Utama is committed to maintaining governance standards consistent with institutional lender expectations, project finance requirements, capital market practices and long-term stakeholder value creation.
Document Information
| Controlled Copy | Electronic Controlled Copy |
|---|---|
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Document Owner | PT Sapta Borneo Utama |
| Document Title | Corporate Governance Framework |
| Document No. | SBU-GOV-001 |
| Document Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.0 | June 2026 | SBU-GOV-001 | Final / Published | Corporate Governance Framework issued for institutional lender data room publication. |
Document Approval Matrix
| Role | Name | Status |
|---|---|---|
| Document Owner | Project Finance Division | Approved |
| Compliance Review | Corporate Secretariat | Approved |
| Executive Approval | Board of Directors | Approved |