Article 1 (Customer Value Creation)

① We offer superb quality and services on time.

② We strive to offer better quality and services to customers through continuous R&D.

Article 2 (Customer Protection)

① We sincerely offer information necessary for customers to make a decision based on proven facts.

② We do not disclose customer information or use it for anything other than the original purpose.

③ We handle customer complaints quickly in accordance with the proper procedures and take measures to avoid any recurrence.

④ We actively collect and reflect on customer opinions of the products, services, and other business operations.

Article 3 (Compliance with Laws and Regulations)

① We comply with the national laws of the country concerned on fair transactions and competition in performing domestic and international business activities.

② We comply with the anti-trust principle and the Anti-Corruption Act in performing all business activities.

Article 4 (Fair Competition)

① We fairly compete with the best quality and technology for a free market economy.

② We do not take unfair advantage by illegally taking or using the undisclosed information of our competitors.

Article 5 (Information Obtainment and Use)

We legitimately obtain information under the laws and regulations and customs, we do not illegally disclose information, and do not slander our competitors or make mutual comparisons without grounds.

Article 6 (Equal Opportunities)

① We award equal business opportunities to all qualified companies.

② Under the transparent evaluation standards based on the autonomous competition principle for partner firm selection,

③ We do not use unfair behavior or exert unfair influence using our superior position.

Article 7 (Fair Transactions)

① We transparently and fairly make transactions with partner firms, and endeavor for co-development by establishing partner relationships.

② We will not engage in immoral acts including receiving or offering tangible or intangible benefits (money, gifts).

Article 8 (Pursuit of mutual development)

① We make mutual efforts to shape a fair and transparent transactions with partner firms based on trust and cooperation.

② We pursue co-development by supporting our partner firm’s ethical management implementation.

Article 9 (Shaping a Sound Corporate Culture)

① We share the Company’s business philosophy, goals, and core values, and do our best to fulfill each one.

② We shape an ethical corporate culture based on mutual respect and trust between employees.

③ All employees need to be clearly acquainted with various laws, regulations, and international declarations related to the Company’s management activities, and the Company’s regulations, and management policies, and work by following all of these.

Article 10 (Performing Fair Job)

① All employees do their own jobs with a sense of ownership, and honestly and transparently perform their jobs.

② All employees fairly perform all jobs, and reasonably handle any work that is not clear or work not specified in the regulations.

③ We shall not take any type of monetary profits that may be unfair to stakeholders.

Article 11 (Prevention of Harassment and Sexual Harassment within the Workplace)

① All employees shall recognize that harassment and sexual harassment within the workplace are illegal acts that cause the loss of a will to work and a decline in productivity, and shall not engage in any acts of harassment or sexual harassment.

② All employees shall be careful not to breach any human rights, and actively cooperate to prevent and to eliminate harassment and sexual harassment within the workplace.

Article 12 (Protection of Company Assets)

① Employees shall protect the Company assets and shall not use them for personal gain.

② Information that requires security such as company secrets, needs to be only given to those who are legitimately authorized, and the information shall not be leaked.

③ No employees shall use any illegal software.

Article 13 (Respect of Employees)

① The Company respects employees’ basic human rights and supports them to lead a happy and stable life.

② No employee shall be discriminated against based on gender, education, regionalism, race, religion, or nationality, and they shall mutually respect and cooperate with each other.

③ The Company shall provide fair opportunities for employees to improve their skills and shall award fair job opportunities according to their qualities and capabilities.

④ The Company shall offer education/training suitable for the employees’ job and aptitude and shall endeavor to achieve the company’s development and realize employees’ values. The Company strives to prevent accidents so that employees can work in a clean and safe working environment.

Article 14 (Human Rights Protection)

The Company respects and supports the international standards for human rights including the Universal Declaration of Human Rights, the ILO Declaration, the UN Global Compact and the UN Guiding Principles on Business and Human Rights.

The Company established a clear policy and system to protect and enhance human rights, and endeavors not to breach human rights in the management activity process.

The Company needs to preemptively make an effort not to breach human rights due to The Company shall support stakeholders to comply with regulations required by human rights-related international standards, protect employees’ human rights, and treat them fairly.

Article 15 (Environment, Safety, and Health)

The Company shall comply with domestic and international laws and regulations and international agreements related to the environment, safety, and health, and fulfill corporate responsibilities on the environment, safety, and health.

The Company considers the environment and safety in all business processes as major issues and will do its very best to continuously improve. The Company strives to proactively respond to climate change caused by greenhouse gas emissions waste discharge, and participates in eco business, and seeks to use sustainable resources through energy efficiency enhancement and water resources protection.

The Company makes the environment, health, and safety of not only our employees, partner firms, project clients, and general customers, but also of the community residents our top priority.

Article 16 (Fulfilling Corporate Social Responsibility)

The company shall respect the country’s laws and regulations and the culture and tradition of the communities where we carry out business and make an effort for co-development with the country and communities.

The company needs to generate profits through transparent decision making and efficient management activities, and simultaneously promote corporate values and shareholders’ values.

The company contributes to social and national economic development through productivity improvement, employment creation, sincere tax payment, and social contributions.

The Company shall sincerely carry out its social roles and responsibilities and strive for community development.

The Company shall guarantee basic labor rights defined by the ILO, and also the freedom of association and right to organize.

The Company shall comply with legal working hours set in the laws and regulations, and offer monetary compensation for labor, and shall not illegally deduct the compensation

The Company shall comply with each country’s Labor Act and international standards in terms of minimum age standards for minors.

The Company does not allow any work to be performed involuntarily due to mental or physical coercion.

Article 1 (Enforcement Date)

① The Ethical Management Standards shall be revised and implemented on January 1, 2020.

Article 2 (Ethical Practice Oath)

All employees shall submit an ethical practice oath to pledge that they are well-acquainted with ethical regulations including the Ethical Management Standards and then implement them.

Article 3 (Interpretation of Ethical Management Standards)

Any issues/matters not set out in the ethical standards or those in dispute with regard to ethical management, shall be subject to the relevant laws and regulations and the Audit Office.

Article 4 (Relationship with Other Regulations)

The Ethical Management Standards supersede other regulations except where otherwise specified.

Article 5 (Principal Agent of Ethical Management)

① The Audit Office manages the overall ethical management work related to the Company’s ethical management practices and unethical acts prevention on behalf of the Company’s management.

② The Audit Office, an organization in charge of ethical practice, shall perform the systems and regulations, procedure establishment and operation, and supervision related to ethical management.

Article 6 (Operation of Consultation Window and Reporting Channel)

① The Ethical Practice Committee establishes and operates the following communication channel so employees can receive consultations related to ethical management.

- Internet consultation : www.kbei.org (Helpline tip-off – Ethical Practice Shinmungo)

② The Audit Office establishes and operates the following reporting channel so that the company employees and stakeholders can report unethical acts.

- Internet consultation: www.kbei.org (Helpline tip-off – Ethical Practice Shinmungo)

- Tip-off via mail: DongHwa Entec Audit Office, 20, 63-gil, Hwajeonsandan 1-ro, Gangseo-gu, Busan, South Korea