ESG management

1. 1. Basic ethics of members

   We take pride as members of Daeheung Cooler Co., Ltd. and faithfully perform our duties in an attitude that always represents the company in our position.

   • Perform work fairly and transparently by clearly distinguishing public and private affairs.
   • Create an organizational culture where members can work voluntarily and voluntarily with mutual respect.
2. 2. Posture to Customers Continuously satisfy customers to gain trust from customers and ultimately develop with customers.
   • We constantly strive to provide the products and services that customers need.
   • Respect various opinions of customers and actively reflect them in the company's management activities.
   • Secure the customer's property and information in accordance with relevant laws and regulations.
3. 3. It increases the value of the company so that the value of responsible shareholders to shareholders can be created, and for this purpose, transparency is enhanced and efficient management is performed.
   • It maximizes corporate value through efficient management through constant innovation and shares the results with shareholders.
   • Practice transparent management centered on the board of directors and respect the legitimate demands and proposals of shareholders.
   • Management data shall be prepared in accordance with all laws and standards, and relevant information shall be faithfully disclosed in accordance with the laws and regulations to protect the interests of shareholders.
4. 4. Pursue relationships with business partners and joint development with partner companies, and compete fairly with competitors.
   • Provide fair trading opportunities to partner companies, do not engage in unfair behavior using superior status, and pursue mutual benefits and joint development.
   • Compete in good faith with competitors based on the spirit of mutual respect.
5. 5. Role in society In addition to contributing to economic development, we contribute to society through social and cultural activities and do our best to manage in accordance with social norms.
   • It contributes to social development through the pursuit of disaster-free and environmentally friendly management.
   • We actively participate in social contribution activities and strive to make society as a whole happy.
   • Observe the laws and regulations of the region in which the project is conducted and respect the traditions and culture of the local community.
6. 6. Supplementary Provisions
   • This Code of Ethics shall come into force from January 1, 2013.
   • A separate 'Ethical Code Practice Guideline' is operated so that members can properly interpret and implement ethical norms.

 Guidelines for Practicing Ethics Code

1. 1. General rule
   • Goal

     The purpose of this "Ethical Code Practice Guidelines" (hereinafter referred to as "Executive Guidelines") is to provide criteria for determining decisions and actions on ethical conflicts that can be issued in the course of performing their duties so that members of Daeheung Cooler Co., Ltd. can understand and practice ethical norms correctly.

   • Ethical Decision-Making and Action Principles

     When a member is in an ethical conflict situation in relation to the performance of his/her duties, he/she shall judge and act based on the ethical norms and the guidelines for this practice. Provided, That if the criteria for judgment are not clearly defined in the guidelines for practice, he/she shall judge and act in accordance with the following principles of decision-making, and if he/she is not sure of his/her judgment, he/she shall act in accordance with the advice of the liter of the organization or the department in charge of ethical management.

     • Legitimacy: Is it possible that one's actions will be interpreted as a violation of laws or regulations?
     • Transparency: Can I disclose my decision-making process and content?
     • Rationality: Will other members make the same decision in the same situation?
   •  Subject to application: This practice guideline is for executives and employees who are employed at Daeheung Cooler Co., Ltd.
2. 2. A member's posture
   • A member who performs sincere duties shall clearly recognize his/her authority and responsibility and perform his/her duties in accordance with the principles of good faith and sincerity.
   • The resolution of a conflict of interest
     • Members shall do their best to prevent situations in which there is a possibility of violating their duty of good faith and integrity to the company due to conflicts of interest with the company in relation to the performance of their duties.
     • The conflicts of interest to be aware of are as follows. However, since not all of these list cases of conflicts of interest, strict judgment and application of members are required in actual situations.

       * where conduct is prohibited

       Taking private interests by using the company's assets or management information for personal purposes. Abuse of business position to exert undue influence on partner companies, etc., such as personnel requests and requests for various convenience. Side job activities that consume effort to hinder sincere work performance, etc. Where conflicts of interest are disclosed to the leader of the organization, and approval of the company must be obtained in accordance with related procedures such as the pre-decision regulations. Holding stocks of partner companies that can directly or indirectly exert influence through contracts or transactions with the company, or performing the duties of management through the business of directly or through a third party.

   • The protection and appropriate use of company assets and information shall protect and use the company's tangible and intangible assets.
     • The company's assets shall not be used for personal gain or transferred or lent to a third party without approval.
     • The company's budget is not used for personal purposes and must be accurately recorded in the accounting books spent for the purpose set by the company.
     • PC, Internet, e-mail, phone, fax, etc. shall not be used excessively for personal purposes.
     • Intellectual property rights such as patent rights, goodwill, trademark rights, copyrights, and other information with asset value must be actively protected. In addition, intellectual property rights of others or other companies must be protected equally, and illegal software should not be used in particular.
     • The company's information assets, including business and technical information, must be strictly managed in accordance with the security management regulations. The disclosure and scope of information assets are determined in accordance with relevant laws, regulations, and company policies, and this applies equally to interviews with external media.
   • Acceptance of gifts, entertainment, etc
     • Members shall conduct all management activities fairly and transparently. Therefore, no money or entertainment shall be provided to stakeholders for the purpose of enjoying unfair and unfair profits.
     • A member shall not receive money, entertainment, or other personal convenience from interested parties, such as a partner company.
     • However, in order to maintain a sound relationship with each other, a reasonable level of gifts or entertainment can be exchanged with stakeholders within the scope recognized by social norms, and detailed guidelines for understanding can be established and operated on an organizational basis.
   • Mutual respect among members
     • Members shall respect each other between colleagues and upper and lower classes and observe basic manners and dignity necessary for working life.
     • No discrimination should be made on the grounds of gender, educational background, region of origin, marriage, race, nationality, religion, etc.
     • No sexual harassment shall be committed that may infringe on individual human rights and hinder the working atmosphere.
3. 3. Compliance with laws and corporate management policies

   Members shall clearly understand domestic and foreign laws and company policies and affairs related to the company's management activities and perform their duties accordingly.

   • Compliance with quality policy and protection of customer information
     • It is responsible for supplying products that meet customer expectations and requirements for quality, reliability and stability, and for this purpose, the quality management system must comply with all requirements.
     • Customers must be accurately informed of the performance and risks of the product and do not advertise false or exaggerated.
     • Members who handle customers' personal information shall safely protect their personal information by establishing protection procedures and guidelines in accordance with relevant laws, company policies, and private regulations.
   • Preparation and disclosure of management information
     • Accounting information shall be accurately recorded and maintained in accordance with generally accepted accounting principles, relevant laws and regulations, and shall not distort or hide accounting information.
     • All of the company's management information, including financial information, should accurately reflect relevant facts or transaction details to support management's decision-making.
     • Disclosure of management information to external stakeholders should be made transparently and fairly in accordance with relevant laws and regulations.
   • Fair trade and competition
     • It is necessary to clearly understand and comply with the laws and regulations related to fair trade and the company's self-compliance management regulations.
     • Any intention that may be interpreted as a violation of the Fair Trade Act shall be handled after sufficient consultation with the Fair Trade or Legal Department in advance, and decisions shall not be made according to arbitrary interpretation.
   • A policy on the safety and health environment
     • It shall comply with domestic and foreign laws and international agreements related to safety, health, and environment and pursue continuous improvement in safety, health, and environmental performance.
     • A safe working environment shall be created in compliance with safety rules.
     • Recognize the importance of the environment and actively participate in environmental protection activities.
4. 4. Operation of the Practice Guidelines
   • responsibility
     • All members are responsible for complying with ethical norms and practice guidelines, and should consult the organization's leader or ethical management department for questionable matters and act according to their interpretation.
     • Organizational leaders are responsible for actively supporting and managing their members and stakeholders involved in their work to properly understand and comply with the company's ethical norms. They should also set an example for others by observing ethical norms and practice guidelines through sincere and responsible decision-making and actions.
   • Reporting violations and protecting informants
     • Members who become aware of violations of ethical norms and practice guidelines should actively protect the company and its members from the relevant actions by reporting or reporting them to the organization's leader or ethical management department so that they can resolve them as soon as possible.
     • Members are not subject to any disadvantage for legitimate reporting.
5. 5. Supplementary Provisions
   • Effective Date This Directive shall come into force from 01/01/2013.
   • Measures for Violations Violations of these Practice Guidelines shall be handled in accordance with the private regulations.
   • Transitional Measures Violations of Practice Guidelines issued prior to the effective date, including conflicts of interest with the company, shall be reported to higher positions or departments in charge of ethical management by February 28, 2013, and the company shall not hold its members accountable.