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Ethical
Managent

• Ethical Managent
• Q&A

Corporate ethics is a critical pillar of the company that reinforces corporate competitiveness and motivates employees. Hanwha¡¯s corporate ethics is centered on the ideas of trust, self-assessment and best efforts as well as credit-
worthiness and reliability. Hanwha believes that being faithful to these important values and doing business in an honest and ethical manner will make Hanwha even more competitive in the days to come.

Hanwha¡¯s ethical management is guided by the tenets of the ¡°Hanwha Creed of Ethics¡± which is the bedrock of Hanwha¡¯s management principles for transparent, fair and reasonable practices in the conduct of business.

We hereby pledge that we, the employees and officers of Hanwha, will share in Hanwha¡¯s ethical management principles and abide by the Hanwha Creed of Ethics as follows.

Knowing that our customers are our true business partners, we will always respect their views and see things from their perspective. We will endeavor to win their trust and support by providing our customers with what they need.

We will not engage in any activities contrary to the law, the company bylaws, regulations or social norms. We will compete and raise our competitiveness in a fair and transparent manner.

We will not abuse our dominant position over our partnership businesses or engage in any unjust or unethical activities. We will endeavor to grow jointly with our partnership businesses through fair and transparent business practices.

We respect our fellow employees. We adopt the right set of priorities and value system based on honesty, diligence and trust. We successfully complete our tasks by continuously improving ourselves and by being fair.

Hanwha will strive to become a model company that sets examples for others by implementing environmental protection and safety efforts as part of our manage-
ment activities.