Article 1 [Summary]
1.1 Executives and employees shall strive to grow and develop together with all stakeholders, including customers, by improving corporate value by faithfully performing their duties and responsibilities.
1.2 Executives and employees shall respect all domestic and foreign laws and market order related to business activities, 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.
1.3 Executives and employees must actively practice the ethical management policy so that a healthy and fair culture can take root in the company, and they must always be aware of this policy in performing their duties.

Article 2 [Attitude toward customers]
2.1 Employees always think and act from the customer’s point of view, and strive to realize customer satisfaction by providing the best products and services that satisfy and trust customers.
2.2 Executives and employees shall provide customers with accurate information on products and services, etc. and pay attention to their work so that they can process tasks in a timely manner.
2.3 Executives and employees shall protect customers’ interests and personal information, and do not take any action that may harm customers.

Article 3 [Liability to Executives and Employees]
3.1 The company does not discriminate in any way within the company to all executives and employees, and provides fair opportunities according to their abilities and qualifications.
3.2 The company guarantees fair treatment based on the qualifications, abilities, and achievements of its employees by establishing fair evaluation standards.
3.3 The company supports self-realization as well as human resource development by respecting the autonomy and creativity of individual executives and employees and providing them with fair opportunities to improve their abilities.

Article 4 [Prohibition of Conflict of Interest Act]
Executives and employees must be careful not to engage in the following acts that conflict with the company, and any inquiries about whether a specific act violates these regulations should be handled using the whistleblowing system.
4.1 Act of arranging or introducing a competitor’s service according to personal interests
4.2 Acquisition of stakes in customers, business partners, or competitors based on personal interests

Article 5 [Prohibition of Protection and Use of Internal Information]
5.1 Executives and employees must protect customer information acquired in the course of business, the company’s physical property, intellectual property rights, trade secrets, etc., and do not use it for private purposes.
5.2 Employees shall not disclose internal information that may affect the company’s business to the outside.

Article 6 [Prohibition of receiving money, valuables and entertainment]
6.1 Executives and employees shall not receive any money or entertainment from business partners or other stakeholders beyond the scope of congratulatory and congratulatory expenses or free gifts recognized by social norms.
6.1.1 Congratulatory and condolence expenses: within 50,000 won
6.1.2 Free gift: A promotional gift with a company logo or trade name attached, within a market value of 50,000 won
6.2 In case of unavoidable receipt of money or valuables, the person who provided the money or valuables must remit or return the form along with a polite specification, and then submit the relevant details to the CEO.
6.3 Money, valuables and entertainment include the act of transferring costs by inviting interested parties to the business party’s entertainment, banquets, etc.

Article 7 [Processing]
7.1 After checking the whistleblowers received, the representative director must check the following matters.
7.1.1 Personal information of the whistleblower, purpose of the accusation, etc.
7.1.2 Authenticity of the accusation
7.2 The representative director may request the whistleblower to submit necessary data or request a 1:1 interview within the necessary range in confirming the items in 7.1 of the table of contents.
7.3 The CEO may file a criminal complaint if it is judged that the whistleblower corruption needs investigation and prosecution for criminal punishment.

Article 8 [Identity Guarantee]
8.1 Any whistleblower shall not be subjected to any disadvantages in status or discrimination in terms of working conditions for matters other than the whistleblower’s own fault for making an accusation under this regulation, statements related to it, or submission of data.
8.2 Anyone who has suffered various kinds of damage such as disadvantages in status or discrimination in working conditions due to whistleblowing may claim compensation corresponding to the whistleblower.
8.3 The identity of the whistleblower may not be disclosed to others without the consent of the whistleblower.

Article 9 [Packaging and Discipline]
9.1 If a whistleblower brings great profit or prevents loss by whistleblowing, a reward can be given to the whistleblower in accordance with ‘AEO Import/Export Safety Management Procedure No.7 Human Resources’.
9.2 In the case of executives/employees who are found to be corrupt according to the whistleblower, disciplinary action will be taken in accordance with ‘AEO Import/Export Safety Management Procedure No.7 Personnel Management’.

Article 10 [Disclosure of Whistleblower System]
The whistleblowing system should be made available to all executives and employees of the company through website disclosure and e-mail circulation.

Article 11 [Retroactive Effect]
A person who files a whistleblower in accordance with this procedure may file a report even before the date of enactment of this regulation.

Article 12 [Ethical Management Officer]
In relation to ethical management, the CEO designates and operates the person in charge of ethical management as follows.
Name: jaeseok Lim
Position: Director
E-mail: sonet777@korax.co.kr

September 19, 2022.