Charter of Ethics

  • Charter of Ethics
  • Ethical Declaration
  • Code of Ethics

By working from a foundation of love and respect, Aekyung aims to be a company that contributes to society by creating a rich and happy life through leading thinking, technology and management. We will adhere to the following ethical charter as the basis of our social responsibilities and corporate roles.

  • Respect legal and social norms, and never engage in unethical or unlawful conduct.
  • Strive for the happiness of our customers, placing our trust in our customers first.
  • Respect the rights of shareholders and enhance corporate value through transparent and efficient management.
  • Respect the diversity of employees, promote mutual trust and cooperation, and do not discriminate.
  • Respect fair trade principles and pursue a sound market order and value for win-win relationships.
  • As a member of society, faithfully carry out the social roles and responsibilities of our company.

Preamble

Aekyung strives to be a trusted company that grows and develops with all of its stakeholders by increasing the value of the corporation through progressive and efficient management activities, and by faithfully fulfilling its duties and responsibilities.

We respect domestic and foreign laws and the market order, take the lead in establishing fair trade order, respect social values and customs, and contribute to national and social development through various social contribution activities.

For this reason, we have established a code of ethics that is practiced actively to promote a sound and fair corporate culture.

  • Ⅰ. Compliance obligations
    Ⅰ. Compliance obligations
    - We comply with the law, as a member of the country and the community.
    2. Anti-fraud efforts
    - We work to monitor for and prevent the occurrence of illegal acts.
    3. Prohibition of use of internal information
    - Employees shall not trade in stocks using inside information acquired during business.
    - Employees shall not provide undisclosed material information that may affect the share price to third parties, except where legitimate procedures for such disclosure exist.
    4. Protection of company assets and critical information
    - Employees shall protect the property, intellectual property, and trade secrets of the company, and shall not use the company's property and trade secrets etc. for personal gain.
    - Employees will not engage in unfair business practices using private information obtained from the company, or use their positions to pursue private interests.
    - Employees will not externally disclose important information that could affect the company's profit.
    5. Prevention of Sexual Harassment
    - Employees shall not engage in any language or behavior that would undermine sound companionship, including physical, linguistic, visual language or behavior recognized as causing sexual humiliation
    6. Prohibition of giving and receiving money or treats
    - Employees shall not receive money or treats from stakeholders, such as business partners.
    - Employees shall not provide any money or treats that is outside the scope permitted by societal norms to stakeholders such as business partners in relation to their business affairs.
    - Employees shall not accept money or treats from other employees.
  • Ⅱ. Attitude toward customers
    1. Maintenance of trust with customers
    - We always think and act from the perspective of our customers, and strive to realize customer satisfaction by providing the best products and services that our customers can be satisfied with and trust.
    - We provide accurate information about our products and services to our customers, and do not exaggerate in our advertisements.Pursuit of customers’ happiness
    - We protect the interests, safety, and privacy of our customers, and do not unduly act against our customers.
  • Ⅲ. Attitude toward Shareholders
    1. Respect the rights of shareholders
    - We protect the rights of shareholders and respect their legitimate demands and proposals.
    - We will faithfully disclose management information to establish mutual trust with shareholders and investors, and strive to increase shareholder profits.
    2. Treat equally
    - We must be fair and treat all shareholders equally, including minority shareholders.
    - We make sure that the interests or rights of shareholders are not unduly infringed by management decisions.
    3. We make sure that the interests or rights of shareholders are not unduly infringed by management decisions
    - We record and manage accounting data in accordance with generally accepted accounting principles, to provide transparent financial performance and management performance.
    - We provide accurate management information in a timely manner in accordance with the relevant laws and regulations, so that information users such as investors can make reasonable investment decisions.
  • Ⅳ. Attitude toward employees
    1. Fair treatment
    - The Company will not unfairly discriminate against any employees, and shall give all employees fair opportunities according to their capabilities and qualities.
    - The company establishes evaluation criteria for employees' qualities, abilities, achievements, etc. and fairly evaluates and compensates employees.
    2. Creating a sound work environment
    - The Company strives for the health and safety of its employees.
    - The company supports the self-realization of its employees as part of its human resource development efforts, by respecting the autonomy and creativity of each employee and providing them with opportunities to improve their abilities.
    - The company respects the independent personality and basic rights of its employees, and creates an environment in which employees can freely make suggestions and suggestions.
  • Ⅴ. Attitude toward competitors and partner companies
    1. Fair competition
    - The company supports a fair and free market economy order based on the principle of free competition, and competes fairly with competitors.
    - The company respects fair trade order and adheres to fair trade related laws and regulations.
    2. Fair transaction with partner companies
    - The company pursues joint development by establishing mutual trust and cooperation through fair transactions with partner companies.
    - The Company does not leverage a superior position to impose any kind of unfair practices or influences on supplier.
  • Ⅵ. Basic Employee Ethics
    1. Establishment of a sound corporate culture
    - Employees must share the management philosophy of the company, share the goals and values pursued by the company, and faithfully carry out the mission they are assigned in accordance with the company's business policy.
    - Employees create an organizational culture based on mutual trust among superiors, subordinates and peers in the company.
    - Employees shall perform their assigned duties in the most appropriate manner, and comply with all related laws and the company's regulations.
    2. Prohibition of conflict of interest
    - Employees shall endeavor to prevent any act or relationship that would conflict with the company's interests, and shall not unfairly interfere with the work of other departments, or engage in illegal or unfair transactions.
    3. Political Involvement
    - Employees do not engage in political activities during office hours, and do not use the company's organization, personnel or property for political purposes.
    - Each employee's right to vote and political views are respected, but employees must attempt to ensure that their political opinions or political involvement is not misconstrued as representing the position of the company.
    4. Compliance with the Code of Ethics
    - All employees shall observe the Code of Ethics in good faith, and shall be held responsible for any violation.
    - Employees must report to the Ethics Office if they are compelled to act against the Code, or recognize any unfair activity.
    - If there is a violation of the code of ethics, employees shall prevent recurrence through a thorough investigation of the cause of the violation, and education.
Enacted 2017.05.10.
  • Article 1 (Purpose)

    The purpose of this regulation is to provide a value judgment standard for behavior that employees and employees should observe in order to establish an ethical corporate culture.

  • Article 2 (Definition of terms)

    The definition of terms used in this regulation is as follows.

    • ① "Money" means (i) money or vouchers, securities, or other property, or (ii) property interests with economic value.
    • ② "Gifts" means all property benefits, such as goods or securities, accommodations, memberships, tickets, etc., provided that the consideration, if any, is significantly lower than the market price or the practice of the transaction.
    • ③ "Treats" means (i) support for food, alcohol, golf, entertainment, hobbies, etc., or (ii) transportation that is economically valuable, such as accommodation, tourism, or event support.
    • ④ "Commitment to economic security" means all promises of future economic value, such as promises of employment and employment arrangements after retirement, promises to conclude a business contract.
    • ⑤ "Stakeholder" mean any and all persons, including employees, customers, suppliers, affiliates, partners and shareholders, who may be directly or indirectly affected by the actions or decisions of the Company or its employees group.
  • Article 3 (Scope of Application)

    This regulation applies to all employees at home and abroad, and applies to all employees who work overseas, considering local laws and regulations.

  • Article 4 (Operation of Regulations)
    • ① Details for the specific implementation of the provisions of this regulation may be set out in separate internal guidelines or regulations.
    • ② Employees shall be subject to the interpretation and decision of the Ethics Division in the following cases. 따른다.
      • 1. Where the interpretation of the Code of Ethics is ambiguous or unclear
      • 2. Where there is a disagreement in the interpretation of the Code of Ethics
      • 3. Not specified in other ethical regulations
  • Article 5 (Obligations and Responsibilities for Compliance with Ethical Rules)
    • ① All employees are required to be aware of the ethical rules and to adhere to them in good faith.
    • ② The Company may require employees to submit a pledge that they are committed to compliance with these regulations.
    • ③ Employees are required to report to the Ethics Division in accordance with this regulation if they are compelled to conduct activities that violate the ethics regulations or if they recognize activities that violate the ethics regulations.
    • ④ If the employees violate the ethical regulations, the Company will prevent the recurrence through thorough cause identification and education.
  • Article 6 (Establishment of sound corporate culture)
    • ① Employees share the management philosophy of the company and share the goals and values pursued by the company and faithfully carry out the mission assigned to them according to the company's business policy.
    • ② Employees create an organizational culture based on mutual trust among top, bottom, and peers in the company.
    • ③ Employees shall perform their duties in the most appropriate way in a fair manner and comply with all relevant laws and regulations of the company and the company's regulations.
    • ④ Employees shall not discriminate another person on the basis of sex, religion, disability, age, social status, place of origin, national origin, nationality, appearance, marital status, pregnancy or birth, race, color, sexual orientation.
  • Article 7 (Prohibition of Conflict of Interest)
    • ① Employees shall endeavor to prevent any act or relationship that conflicts with the interests of individual employees and the company.
    • ② Employees should act in the best interests of the company when there is a conflict of interest among the departments within the company, and should not engage in unfairly interfering with the work of other departments or arrange illegal or unfair transactions.
  • Article 8 (Prohibition of Use of Internal Information)
    • ① Employees shall not use unauthorized transactions for personal gain, such as trading stocks, securities, ticker manipulation, or the use of unlisted information, using internal information acquired in the course of business.
    • ② Employees shall not provide undisclosed material information that may affect the share price to third parties without legitimate procedures.
  • Article 9 (Protection of Company Property and Important Information)
    • ① Employees shall protect the company's property, intellectual property rights, trade secrets, etc. and shall not use them for private purposes.
    • ② Employees shall not infringe on the property of others other than the Company, respect the intellectual property rights of others, and shall not cause the Company to have a legal effect by any unauthorized use, duplication, distribution, modification.
    • ③ Employees shall not engage in unfair trade practices using private information obtained from the Company or pursuing private profit by using their positions.
    • ④ Employees shall not disclose to the outside of important information that may affect the interests of the Company.
    • ⑤ Employees shall not distort, fabricate, or tamper with the information related to the Company, and shall not distribute false facts.
  • Article 10 (Prevention of Sexual Harassment)
    • ① Employees shall not engage in any language or conduct that disrupts sound peer relationships, including physical, linguistic, visual or behavioral acts or gestures (the following "sexual harassment") that are recognized as causing sexual humiliation.
    • ② An act falling under any of the following subparagraphs is an example of sexual harassment under Paragraph (1) of this Article, but not limited thereto.
      • 1. Touching or physically touching a part of a body against the will of the other person
      • 2. To make a lewd joke or to have a lewd and offended story
      • 3. Sexual analogy or evaluation of the person's appearance
      • 4. Post or show sexually explicit pictures, pictures, videos, etc.
      • 5. Forcing drink or dance in a restaurant
      • 6. Acts that cause sexual shame beyond socially accepted idea
  • Article 11 (Prohibition of Political Participation)
    • ① Employees shall not engage in political activities during office hours and shall not use the organization, personnel and property of the company for political purposes.
    • ② Individuals' political rights and political views are respected, but their political views and political involvement should not be misunderstood as a company's position.
  • Article 12 (Prohibition of Giving and Receiving Money and Treats)
    • ① Employees shall not receive money, gifts or entertainment from their stakeholders, such business partners except a small amount socially acceptable.
    • ② Employees shall not provide gifts or entertainment to public officials, business partners, or stakeholders with respect to the Company's affairs that are outside the socially accepted scope. In particular, they shall not engage in any activity that is in contravention of “The Improper Solicitation and Graft Act”.
    • ③ Employees shall not accept money, excessive gifts, or entertainment from other employees of the Company except a small amount socially acceptable.
  • Article 13 (Internal Reporting, Investigation and Reporting of Violations)
    • ① The internal notification subject to this regulation is as follows. However, all laws, ordinances, regulations, and other illegal and unlawful acts are subject to internal reporting.
      • 1. Giving or Receiving money, gifts, entertainment, or economic guarantees to stakeholders in relation to their job duties.
      • 2. Obtaining unfair advantage of a person or a third party, or damaging the Company using the position
      • 3. Promoting unfair economic interests through joint investment with stakeholders, or acquiring common property or monetary transactions
      • 4. Illegally leaking or private use of company assets
      • 5. Leveraging or utilizing the company's confidential and proprietary information, or trade secrets or personal information to promote its own economic interests
      • 6. Falsifying or improperly creating or manipulating company documents or books
      • 7. Unreasonable management practices that cause loss of the company, intentional deliberation of employees, management and supervision misconduct
      • 8. Any act that damages the honor of the company
      • 9. Other violation of this regulation or any unethical act
    • ② Anyone who is aware of the fact of the above shall report it to the ethics department and the ethics department should keep it as confidential information and should try not to be disadvantageous to the reporter.
    • ③ The ethics department should investigate the facts and violations and report the results to the CEO.
  • Article 14 (Check for Compliance)
    • ① The ethics department should regularly check twice a year whether the employees' regulations and compliance with the bylaws are observed or not.
    • ② In addition to the periodical inspection mentioned in Paragraph 1, the Ethics Division can conduct frequent inspections when it is determined that it is a time to receive frequent economic benefits such as gifts, gifts, and gifts, such as holidays and holidays.
    • ③ The Ethics Division shall immediately report the results of the inspection under Paragraphs 1 and 2 to the Representative Director without delay.
  • Article 15 (Awards and Discipline, etc.)
    • ① The Representative Director shall reward employees who have complied with the regulations and established ethical management in the personnel evaluation.
    • ② The Representative Director shall take necessary measures such as disciplinary action for the employee who has acted in violation of the regulations.
    • ③ The kinds, procedure, and effect of disciplinary punishment pursuant to Paragraph 2 shall be in accordance with the provisions of the Personnel Regulations (Employment Regulations).