Assignment Agreement

Effective Date 1 January 2020

This agreement is made for and between:

1. PT Smartec Teknologi Indonesia, a company duly established under the laws of the
Republic of Indonesia registered with the Notary Deed Number of 146 dated 13 Desember
2018, with the approval from The Ministry of Law and Human Rights Number AHU-
0060272.AH.01.01 Year 2018, dated 17th December 2018, with the registered address at the
Neo Soho Capital 40th Floor unit SC-4003, Letjen S Parman Jakarta Barat 11470, Indonesia,
in this case represented by Ooi Chuan Hock, Malaysian Citizen, passport holder number
A50169949, residing in Unit 8A-2, Bellagio Mansion, RT.5/RW.2, RT.5/RW.2, Kuningan,
Kuningan Tim., Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta
12950 as the President Director (“Company”)
and
2. Roy Prakoso, S.E., M.M., individual, Indonesian citizen, holder of Identity Card (KTP)
number 3174090501640006, residing in KP Sawah, RT 001/RW002, Kelurahan Srengseng
Sawah, Kecamatan Jagakarsa. (“Commissioner”).

The parties both agreed to enter into an assignment agreement for the purpose of having the
advisory as a Commissioner in the Company in relation to the Company Risk Activities with the terms
and conditions as follows:

1. Scope of Services
a. The Commissioner agrees on providing the services pursuant to the scope of services below:
i. Direct, monitor and evaluate the implementation of the Company's strategic policies and
supervise the implementation of the duties and responsibilities of the Board of Directors
and provide direction to the Board of Directors.
ii. Reviews certain transactions in the context of conducting supervision. The results of the
review are outlined in the form of recommendations and are well documented and are
part of the decision making document. The supervisory task by the Board of
Commissioners is an early supervision effort.
iii. Ensure the implementation of Good Corporate Governance in every business activity of
the Company at all levels or levels of the Company's organization;
iv. Ensure that the Board of Directors has followed up on the findings of the External
Auditor, OJK supervision and inspection results, by ensuring the Board of Directors
notifies the OJK no later than 10 (ten) days after the discovery:
v. Carry out Internal Control and Control Procedures that are binding for each member of
the Board of Commissioners;

NEO CAPITAL Lantai 40 No. 3 unit, Page 1 of 3

SC-4003 Jln.Letjen S Parman Kav 28, 11470 Jakarta, Indonesia
 b. Both parties agree that the scope of coordination and consultation shall be within the scope
of the rules and regulations provided under the Indonesian laws.
c. In regards to the appointment, the company agrees to pay the amount of Rp 14 juta / month
inclusive of all taxes. Any additional expense that are made by the Commissioner as the
result of the appointment shall be reviewed and reimbursed to the Company and shall be
paid to the Commissioner within 10 (ten) working days.

2. Continuance
The continuance and the technical details on the implementation of this Appointment shall be
bound to the Company Internal Article of Association, and the Company Internal Appointment
General Terms and Condition and the relevant regulations applied by the Indonesian law.

3. Interpretation
Any different understanding that rises from the interpretation of this agreement shall be
communicated and shall be resolve amicably.

4. Termination
If either Party wishes to terminate this Agreement, the Party wishes to terminate shall give to
the other Party, 60 (sixty) calendar days’ prior notice in writing of their intention to terminate this
Agreement for any reason. The termination shall be bound by the Company Article of Association
and The Appointment General Terms and Conditions.

5. Counterparts
This Memorandum shall be made in any number of copies, and may be provided as foundations
for coordination with the relevant authorities and shall be binding to the relevant Parties. This
agreement may be translated into any other language that is required with the written agreement
by both Parties

PT Smartec Teknologi Indonesia, Commissioner

Dr. Ooi Chuan Hock Roy Prakoso, S.E., M.M.

NEO CAPITAL Lantai 40 No. 3 unit, Page 2 of 3

SC-4003 Jln.Letjen S Parman Kav 28, 11470 Jakarta, Indonesia
NEO CAPITAL Lantai 40 No. 3 unit, Page 3 of 3
SC-4003 Jln.Letjen S Parman Kav 28, 11470 Jakarta, Indonesia