PT Humpuss Maritime International Tbk

1. PT Humpuss Maritim Internasional Tbk prioritizes direct procurement from manufacturers, official distributors or sole agents and avoids the use of intermediaries who do not provide added value.

2. Vendors participating in the procurement process for goods or services at PT Humpuss Maritim Internasional Tbk are required to fulfill the following requirements:

   a. Have expertise, experience and technical and management skills according to their business field.

   b. Have resources (facilities, human resources, production equipment, and other resources) that are appropriate to the category of business field to support operational activities.

   c. Preferably a legal entity.

   d. Not currently subject to legal sanctions or involved in a legal case that could impact the operational failure of PT Humpuss Maritim Internasional Tbk.

3. Vendors are required to comply with the regulations and requirements applicable in Indonesia and within the PT Humpuss Maritim Internasional Tbk environment relating to the procurement of goods/services.

4. Vendors who do not yet have a PT Humpuss Maritim Internasional Tbk e-Procurement User are required to register by:

   a. Register your company by filling out the registration form provided on the registration page.

   b. Activate the User ID that is sent automatically from the e-Procurement system to the registered company email address.

   c. Complete all administrative data fields along with the required company document attachments.

   d. Upload the Terms and Conditions document signed by the Company Director.

   e. Making document corrections based on the review results provided by the Procurement work unit of PT Humpuss Maritim Internasional Tbk.

5. Vendor status or results of administrative verification will be provided within 5 (five) working days after all administrative documents are received and declared complete without revision by the Procurement work unit of PT Humpuss Maritim Internasional Tbk.

6. PT Humpuss Maritim Internasional Tbk has established an Approved Vendor List (“AVL”) to be used in routine and non-bidding procurement. Vendors on the AVL are those that have passed the evaluation process conducted by PT Humpuss Maritim Internasional Tbk.

7. Vendors who are interested in registering as AVL are required to fulfill all registration requirements required by PT Humpuss Maritim Internasional Tbk, and will then be evaluated in accordance with the provisions applicable at PT Humpuss Maritim Internasional Tbk.

8. Each vendor can have a maximum of 2 (two) types of classification and a maximum of 3 (three) sub-business fields for each type of classification.

9. In an effort to encourage improved vendor performance, PT Humpuss Maritim Internasional Tbk has established a Vendor Performance Assessment System to ensure quality and continuous improvement. The results of the vendor performance evaluation will form the basis for determining rewards and punishments, as well as assessing vendors' presence in the AVL.

10. PT Humpuss Maritim Internasional Tbk has the right to terminate vendor status on AVL if:

a. Vendors act as brokers or intermediaries who do not provide added value.

b. The Vendor resigns in writing by sending a resignation letter from the Vendor list addressed to the Procurement Work Unit of PT Humpuss Maritim Internasional Tbk.

c. Committing a violation of the provisions as stipulated in the procurement environment of PT Humpuss Maritim Internasional Tbk.

d. Not actively participating in procurement at PT Humpuss Maritim Internasional Tbk.

e. Repeated performance assessments below the standards of PT Humpuss Maritim Internasional Tbk or resulting in losses and disruption to the operational activities of PT Humpuss Maritim Internasional Tbk.

f. There are changes or adjustments to the types of business fields managed in AVL.

11. Vendors who violate the rules will be given sanctions according to the following categories:

A. Red List,
Determination of red list status is based on the following criteria:

1. Providing goods or services that do not meet specifications.

2. Refuse to ship the goods after being declared the winner.

3. Assigning main tasks to other parties without the Company's permission.

4. Not completing work and not paying fines according to the agreement.

The sanctions against vendors on the red list are as follows:

1. Vendors are not permitted to participate in the procurement process two (2) times.

B. Black List Category,
The company blacklists vendors who engage in actions that could harm the company's interests. Blacklisting is based on the following criteria:

1. Involvement in corruption or conspiracy in price fixing among participants or employees of the Company.

2. Bribing Company employees.

3. Forgery of documents or manipulation of data.

4. Providing counterfeit goods that can be proven through a statement from the competent authority / factory / seller.

5. Unable to provide goods and services in accordance with the contract and resulting in fatal consequences for the Company's operations.

6. Involved in a criminal act that violates the law as declared by the competent authority.

7. Misuse of documents for any purpose unrelated to participation in the procurement process and/or work process, without the Company's permission.

8. Publishing false issues that cannot be legally proven and have a negative impact on the Company.

The sanctions against blacklisted vendors are as follows:

1. The Company prohibits vendors on the blacklist from participating in procurement activities at the Company.

2. The Company has the right to announce blacklist status on the Company's electronic procurement website.

3. Vendors on the Approved Vendor List (AVL) or Shortlist of PT Humpuss Maritim Internasional Tbk may make changes or updates to their data before the procurement period. Once the procurement period begins, all company administrative data contained in the E-Procurement portal is considered correct, and vendors cannot make any changes to their administrative data.