HYOSUNG CHEMICAL

“We strictly comply with laws and company regulations.”

• 1.1 We respect national policies and abide by all applicable laws and ethical standards.
• 1.2 We comply with the management policies and regulations of the Company and fulfill our responsibilities and obligations.
• 1.3 We adhere to all applicable laws and regulations and respect the market economy order and trading customs in all regions in which we conduct business, both domestically and internally.
• 1.4 We do not engage in illegal insider trading or money laundering.

“A company exists to offer the value that can satisfy customers.”

• 2.1 Customer trust is our top priority.
• 2.2 We provide our customers with products and services of differentiated quality to ensure satisfaction.
• 2.3 We strive to establish a culture of openness and fairness in our dealings with customers and to form solid partnerships.

"We fulfill our responsibilities to become a company in which our shareholders can have confidence. ”

• 3.1 We increase shareholder and investor profits by enhancing management performance via value creation.
• 3.2 We conduct rational and open management to gain the trust of shareholders and investors.
• 3.3 We respect the rights of shareholders and investors and provide timely information in order to generate profitable returns.

“Each of the employees is the most important asset of the company.”

• 4.1 We respect individuality and establish a rational and effective corporate culture based on mutual trust and understanding.
• 4.2 We create a work environment in which individuals can freely express their creativity, as well as ensure a pleasant and secure workplace.
• 4.3 We do not tolerate discrimination based on such factors as gender, religion, disability, age, social status, national origin, ethnicity, physical conditions such as appearance, marital status, family type or status, race, color, ideology or political opinion, sexual orientation, or medical history.

"All employees aim to perform their tasks in transparent and fair manner by complying with ethical management.”

• 5.1 Employees within the organization do not force, direct, or respond to unfair or unethical instructions.
• 5.2 Employees are prohibited from accepting, providing, or promising cash or valuables in exchange for work or entertainment.
• 5.3 When giving and receiving gifts from stakeholders in the course of their duties, employees comply with country-specific laws and regulations and follow company policies.
• 5.4 Employees strive to avoid conflicts of interest between the company and customers and between customers, and in the event of a conflict, the interests of the company and customers take precedence.
• 5.5 Employees strictly manage and protect company and customer information obtained in the course of their employment and do not use it for their own purposes.

"Suppliers are a source of competitive edge for the company, and we aim for shared growth based on transparent and fair trading with suppliers."

• 6.1 We evaluate whether Hyosung's human rights and environmental and social values align with the selection of and transactions with partners.
• 6.2 We trade on a level playing field and do not engage in unfair business practices leveraging our superior position.
• 6.3 We establish a basis for mutual growth through a variety of activities promoting partner sustainability.

“A company is a member of society and must achieve harmony with society to grow.”

• 7.1 We fulfill our societal obligations and responsibilities and strive for the common good and development through social contribution activities.
• 7.2 We strive to be an environmentally conscious business and to earn the respect of society.
• 7.3 In order to form a sustainable supply chain, our purchasing criteria reflect the long-term viability of partners and products, as well as the integrity of the manufacturing process.