SAEDONG regards ethical management as a core company value. All executives and employees recognize the importance of ethical values as standards for sound decision-making and behavior, and they actively put them into practice.


Chapter 1. General Provisions

1. Application of the Code of Ethics
   1) This Code shall apply to all executives and employees of SAEDONG.

2. Reporting and Actions for Violations of the Code
   1) When an executive or employee becomes aware of a violation of this Code, they must report it promptly to a senior manager or the relevant team.
   2) If an executive or employee makes a decision or takes an action that violates this Code, they may be subject to investigation under internal regulations and, depending on the results, may face disciplinary actions and financial liability.
   3) When a violation occurs, thorough identification of the root cause and education shall be undertaken to prevent recurrence.

3. Review and Interpretation of the Code
   1) The Strategy Team may conduct periodic reviews to monitor the implementation of this Code, and the Audit Team shall verify this.
   2) If the application or interpretation of this Code is unclear, executives and employees may request clarification from the Strategy Team.

Chapter 2. Ethics of Executives and Employees

1. Compliance with Laws and Fair Business Conduct
   1) Executives and employees shall respect market order, comply with all applicable laws and regulations in every business activity of SAEDONG, and pursue fair and ethical conduct.
   2) Executives and employees shall not engage in illegal money laundering or insider trading and shall ensure financial transparency.
   3) Executives and employees shall not produce or use counterfeit parts and shall respect intellectual property rights.
   4) Executives and employees shall not issue or comply with unfair or unethical instructions to or from colleagues or subordinates.

2. Prohibition on Gifts and Entertainment
   1) Executives and employees shall not accept money, gifts, or entertainment from clients or other stakeholders.
      (Sensitive transactions involving gifts or travel must be reported to the Strategy Team separately.)
   2) Executives and employees shall not offer money, gifts, or entertainment that exceeds socially acceptable norms to clients or other stakeholders in relation to company business.
   3) Executives and employees shall not exchange money, excessive gifts, or entertainment among themselves.
   4) Key partner companies must submit a “Pledge of Integrity and Ethical Practice” to the Strategy Team once a year. Upon receipt of a report suggesting potential corruption, the Strategy Team shall immediately report to management and conduct an investigation.

3. Prevention of Conflicts of Interest
   1) Executives and employees shall make every effort to avoid situations where conflicts of interest with the company may arise. In the event of a conflict between the interests of the company and an individual or team, they must prioritize and act in the interest of the company.

4. Protection and Prohibition of Misuse of Internal Information
   1) Executives and employees must strictly manage and protect company- and client-related information acquired in the course of work, and must not disclose or use such information for personal purposes.
   2) Executives and employees must not engage in stock trading using internal information acquired during the course of work, nor provide any undisclosed material information that could affect stock prices to third parties without following lawful procedures.

5. Prevention of Sexual Harassment
   1) Executives and employees must not use any language or engage in any behavior—whether physical, verbal, or visual—that could reasonably be considered to cause sexual humiliation or undermine healthy colleague relationships.

6. Compliance with the Code of Ethics
   1) All executives and employees must faithfully comply with the Code of Ethics and shall be held accountable for any violations thereof.

Chapter 3. Ethics Toward Customers and Partner Companies

1. Customer Respect and Protection
   1) SAEDONG always remembers that customer growth is integral to our own development and strives to think and act from the customer’s perspective, providing products and services that ensure customer satisfaction and trust.
   2) SAEDONG provides accurate information about its products and services and refrains from exaggerated advertising or promotion.
   3) SAEDONG protects customers’ interests, safety, and personal information and does not engage in unfair practices toward customers.
   4) SAEDONG respects and complies with laws related to consumer protection.

2. Respect for Partner Companies and Competitors
   1) SAEDONG pursues mutual growth by building trust and cooperative relationships through fair transactions with partner companies.
   2) SAEDONG shall not abuse its superior position to coerce or exert undue influence over partner companies.
   3) SAEDONG respects the principles of free competition and fair market economy and competes fairly with its competitors.
   4) SAEDONG respects the order of fair trade and complies with all relevant fair trade regulations.

Chapter 4. Social Responsibility and Contribution

1. Compliance with Domestic and International Laws
   1) As a member of the nation and local communities, SAEDONG not only complies with domestic laws and regulations, but also adheres to internationally accepted legal standards.

2. Contribution to National Economic and Social Development
   1) SAEDONG contributes to the national economy and social development through productivity improvement, job creation, faithful tax payment, and social contributions.

3. Environmental Protection
   1) SAEDONG strives to protect nature and preserve a clean environment.

1. Purpose of the Public Interest Reporting Box
    The purpose of the Public Interest Reporting Box is to foster a sound corporate culture and promote the continuous development of the company by thoroughly protecting reporters and ensuring the confidentiality and anonymity of reports in the spirit of ethical management and anti-corruption practices.

2. Eligible Reporting Parties of Public Interest Reporting
    Any individual may submit a report (internal employees and external persons alike).

3. Definition of Public Interest Reporting
    “Public Interest Reporting” refers to the act of expressing opinions or hopes regarding any issue in need of improvement at the individual or company level in order to facilitate resolution of the problem.

4. Public Interest Reporting Subjects
    1) Giving, receiving, or borrowing money, gifts, or entertainment
    2) Abuse of position or authority
    3) Solicitation or unfair demands (e.g., theft, embezzlement, or misappropriation of company funds)
    4) Acts causing financial damage to the company
    5) Violations of fair trade-related regulations
    6) Unethical conduct (e.g., document fabrication or false reporting)
    7) Violations of internal accounting controls
    8) Other cases (violations of the Code of Ethics)

5. How to Use the Public Interest Reporting Box
    1) Specific details regarding anti-corruption matters or areas in need of improvement should be written and submitted to the internal public interest reporting box or uploaded via the “Public Interest Reporting” section on the company’s website.
        ▷Box locations: Entrance of Site Building B (next to the shift leader's office), and break room of Building C
    2) There is no standard form; both current and past issues may be reported.

6. Handling Procedure (Processing Period: Within 15 Days)
    1) Report Submission: Reports are reviewed and received every Monday morning.
         if the report is received under normal procedures, it is immediately reported to executive management.
    2) Fact-Finding Investigation: Conducted in accordance with the reporter protection rules. Investigation periods may vary depending on the case.
    3) Objection: The parties involved may file an objection within 5 days after notification. The result of the objection will be communicated within 2 days by the report manager.
    4) Countermeasure Planning: The manager shall coordinate with relevant teams and report a recurrence prevention plan to management.
    5) Closure: Upon completion of the investigation, corrective actions and disciplinary measures are determined. Final decisions are made through a disciplinary committee review.
    6) Result Registration: The handling result of the closed report is registered on the website. (Accessible only by the reporter)
    7) Effectiveness Verification: The responsible person shall verify the effectiveness of recurrence prevention measures once per year.

7. Notes on Reporting
    1) A reporter must clearly identify the subject of the report and its purpose, and submit concrete evidence for verification.
    2) Reports without sufficient evidence may not be investigated.
    3) The following reports may not be investigated or may be discontinued:
         - Matters not subject to reporting
         - Reports that are clearly false or malicious
         - Resubmission of previously addressed reports without just cause
         - Reports deemed to defame specific individuals
         - Personal disputes or issues related to private matters

8. Reporter Protection Rules
    1) The identity of the reporter shall never be disclosed without the reporter’s consent, and confidentiality shall be strictly maintained.
    2) The reporter shall not suffer any disadvantages or discrimination due to their reports and shall be protected from any adverse treatment by their affiliated teams or in business relationships.

Processing Procedure

 

Operational Guidelines

ㆍThe public interest reporting box of SAEDONG is open to everyone.
ㆍReports are generally handled anonymously, with confidentiality fully ensured, and reporters acting in good faith are protected from any disadvantage.
ㆍReports without specific evidence may not be investigated.
ㆍIn addition to the public interest reporting box, reports may be submitted through various other channels installed on-site.

 

Notice for Reporting

ㆍ A reporter must provide concrete evidence to verify the facts.
ㆍIf sufficient evidence is not submitted, the company may request supplementation or may choose not to investigate.
ㆍ The following types of reports may not be investigated, or the investigation may be suspended or closed at any time.