GOOD CORPORATE GOVERNANCE

Code of Conduct

The Company has mandatory ethical and legal behavior standards to be followed by all employees in every aspect of the business, summarized in the Company Code of Conduct. Since 2001, the Company Code of Conduct has been implemented and used as a guideline for decision-making. Every decision must prioritize the company’s interests and respect the company’s internal policies and applicable regulations. The main points of the Code of Conduct are as follows:

Culture of Respect & Equal Opportunity

The Company provides equal opportunities to every candidate/employee to participate in the recruitment, promotion, and transfer processes, without discrimination based on gender, religion, race, ethnicity, cultural background, social group, disability or illness, marital status, or age. In this regard, the qualifications and achievements of employees and prospective employees are the basis for consideration. Furthermore, everyone has an obligation to apply a culture of mutual respect in conducting their activities to create a conducive work environment.

Confidentiality

The Company requires all employees to upholda commitment to maintaining the confidentiality of data and information related to the company. We are aware that the leakage of company data and confidential information can threaten the sustainability of the Company’s business.

Safe and Healthy Working Environment

The Company provides a safe and healthy work environment that supports employee productivity. Every employee is expected to participate in maintaining the work environment and act in accordance with regulations, safety, and occupational health.

Use of Company’s Asset

The Company has internal policies governing the use of Company assets, where its use is only permitted for work purposes and is not intended for personal gain.

Integrity

The Company requires all employees to adhere to the principles of integrity and transparency. Every employee is obliged to comply with regulations and conduct business practices ethically and responsibly. The Company realizes this principle by committing to enforce anti-corruption policies outlined in the Company Code of Conduct.

Commitment to environmental responsibility

The Company conducts business activities while considering environmental conservation aspects. We undertake a few initiatives such as waste management as well as allocation of funds and implement corporate social and environmental responsibility (CSER) activities.