The Board of Directors of the Samko Timber Limited has reviewed and considered Mr. Johanes Ibrahim Tjendana's educational background, professional qualification and extensive working experience and is of the opinion that he is suitable for the role of Chief Financial Officer and Head of Finance and Accounting of the Company. The appointment is executive. Mr. Johanes Ibrahim Tjendana is responsible to manage and take care of financial and operational strategy, metrics tied to that strategy and the ongoing development and monitoring of control system designed to preserve company assets and report accurate financial results of the Company and its affiliates/subsidiaries.