All of STEMCO executives and employees conduct their affairs with honest and fair attitudes based on ethical and moral values and put forth every effort to prevent corruption and create sound organizational climates. For these purposes, the Charter of Business Ethics is established as the basis for behaviors and judgment of value among all executives and employees

• We comply with laws and regulations and take the initiative in creating sound organizational climates by conducting affairs in an honest and transparent manner.
• We achieve business goals with creative thinking and the spirit of challenge and contribute to human development based on high ethical values.
• We pursue co-prosperity with all interested parties by establishing transparent and trustworthy relationships with business partners and relevant organizations.
• We respect every executive and employee, abstain from discrimination, and put forth effort to improve the health and quality of life among all of the executives and employees.
• We represent the image of STEMCO that deserves people's trust by maintaining the partnership based on the trust and unity between the labor and management.

In the face of an ethical conflict related to duty performance, executives and employees shall judge and act in accordance with these action codes.
In the case that the guideline specifies no criteria of judgment and you are not certain about your judgment, act according to the advice of your supervisor or the department in charge of ethical management.

Entertainment and Fiscal Burden Shift

Do not receive entertainments or excessive discount benefits.

Avoid betting with a partner company's employee (golf, "Go-Stop" game, poker, etc.).

Do not request a partner company to bear the cost for a department get-together.

Meal

Use the company cafeteria if possible when having a meal with a partner company's employee.
If unavoidable, eat out but to the extent that is not excessive according to social norms.

Information Use

Avoid using information obtained in relation to business affairs for personal benefits.

Avoid disclosing business secrets or information obtained from a partner company to a third party.

Performance of Duties

Avoid any type of unfair practices in utilization of the superior authority or dominating position.

Warmly welcome and practice good manners towards a partner's employee who visits our company.

Solicitation

Avoid any kind of solicitation or pressure that can be socially condemned to a partner's employees.

Receipt of Material Benefits

Do not receive material benefits such as cash, check, securities, etc. in any case.

Unjust Request for Payment

When a public officer requests payment unjustly, report it to your supervisor and ask for directions, or consult with the secretariat of the corporate ethical committee.

Others

Avoid receiving any entertainment not stated above or any other act of accepting bribes.