ILJIN Electric

The company and all employees respect national policies, comply with all applicable laws, regulations, and internal rules related to anti-corruption and compliance management, and secure competitive advantage only through legitimate means.

All employees build mutual trust and cooperative relationships through transparent and fair transactions, pursuing shared development from a long-term perspective.

All employees maintain honesty and fairness and do not offer, give, or receive any monetary benefits, gifts, or entertainment, nor make improper solicitations that could impair the fairness of judgment related to their duties.

All employees refrain from unethical or immoral conduct in daily life and at work that could be condemned by customers, colleagues, partners, or the local community, and they fulfill their responsibilities.

The person in charge of anti-corruption and compliance management has independent authority over this policy and the operation of the anti-corruption and compliance management system and reports directly and regularly to the Board of Directors.

If an employee violates anti-corruption and compliance obligations or, despite knowing of a violation, fails to take reasonable measures to prevent it, the company will not assume responsibility on behalf of the employee and will take disciplinary action in accordance with company rules.

The company applies a zero-tolerance principle to violations of anti-corruption and compliance obligations by employees.

Any stakeholder to whom this policy applies may report violations or concerns regarding anti-corruption and compliance to the person in charge of anti-corruption and compliance management or through the “Cyber Audit Office.” The company keeps the content of the report and the reporter’s identity confidential and prohibits any disadvantage or discrimination in working conditions due to the report.

The company establishes a management system capable of achieving the objectives of anti-corruption and compliance management and manages and improves it on an ongoing basis.

The company publicly discloses this policy and communicates continuously so that changes in the environment and stakeholders’ requirements regarding anti-corruption and compliance management are reflected at all times.

We believe that “the company exists because of its customers. ”With this conviction, we place customer value at the highest priority of management and are committed to providing the best products and services.

We shall not engage in any illegal or improper activities, such as making solicitations or demanding money or valuables from business partners or stakeholders by taking advantage of our positions. We strive to become honorable members of ILJIN Electric, taking the lead in eliminating any unethical behavior that could damage the company’s reputation.

We guarantee equal opportunities to all suppliers, pursue mutual growth through fair competition and transparent transactions, and aim to achieve co-prosperity with our business partners.

We actively protect the company’s assets and do not disclose or use confidential business information of the company or its customers acquired during the course of our duties.

We respect the dignity of our colleagues and take the initiative in building an organizational culture based on mutual trust and respect.

We comply with laws and regulations, respect the principles of a free and fair market, and fulfill our social responsibilities through fair and transparent business practices.

We pursue mutual prosperity by reinforcing trust-based relationships with shareholders, investors, and business partners through transparent management and cooperation.

I understand ILJIN Electric’s management values and compliance philosophy, and I will perform my duties fairly and transparently in accordance with a strong sense of legal and ethical responsibility.

In carrying out my duties, I will comply with all domestic and international laws and internal regulations, and I will not engage in, direct, approve, condone, or overlook any act that violates or may be suspected of violating such laws or regulations.

I will respect the principles of a free and fair market economy, comply with fair trade laws, and refrain from any collusive or anti-competitive behavior that may hinder fair competition.

I recognize that our suppliers are business partners for mutual growth, and I will comply with the Subcontracting Act and other relevant laws, avoiding any abuse of superior position, such as unfair demands or retaliatory actions.

When promoting major business activities or entering into contracts, I will consult in advance with the Legal Team or relevant departments to minimize the risk of legal violations.

If I become aware of any act that violates or may potentially violate domestic or international laws, internal regulations, or this code of conduct, I will immediately report it to the Legal Team or other appropriate departments.

I will actively participate in the company’s compliance management initiatives, including employee training, monitoring, on-site inspections, and follow-up measures, to faithfully practice compliance management in all aspects of my work.