Corporate Governance

Code of Conduct

All directors, executives, and employees are committed to conducting and adhering to the Company’s Code of Conduct in the various areas as follows:

Code of Conduct for Directors

Directors will follow ethical standards under the following principles:

1. Honesty, Justice, and Morality

   • - During the operation of the company, directors will act with integrity, fairness, and morality
   • - Directors will not discriminate against race, religion, gender, marital status, or physical disability
   • - Directors will not make commitments on matters that the company does not wish to do or is unable to proceed in
   • - Any actions of the directors must not raise questions regarding honesty, justice, or morality
   • - Directors will adhere to the truth and will not speak or act falsely or cause misunderstandings, both directly and indirectly

2. Private Transaction Operations

   • - Private transaction operations or other businesses of the directors must be separate from their operation as a company director
   • - Directors will not use the company name to carry out personal transactions or other businesses
   • - Directors will use the products and specific services that the company owns in accordance with the conditions set by the company only

3. Confidentiality

   • - Directors must ensure that there will be no disclosure of confidential information of customers, employees, and the operations of the company, both intentionally and unintentionally, to third parties without the consent from the company
   • - Directors will not use the information obtained through their position for the financial benefit of both personal and others

4. Disclosure of Benefits

   • - Directors must disclose benefits from private businesses or other businesses, including any matter that is a conflict of interest or one that may lead to a conflict of interest in accordance with the policy
   • - Directors must disclose any relationship with the company according to the policy of independence
   • - Conducting any business with the company directors must be at the appropriate level to avoid the occurrence of potential conflicts of interest or misunderstandings

5. Compliance with Laws

   • - Directors will abide by the laws, rules, and regulations related to business operations

6. Bribery

   • - Directors will not accept any form of bribery including money, gifts, recreation, or travel
   • - Directors must not use their position to seek personal benefits from business operators and companies, including those who are conducting business with the company

Employee Ethics

This Code of Conduct applies to employees of the company, including employees of other businesses that the company controls.

1. Compliance

   • - Every employee has a duty to understand and comply with the rules, regulations, and employee ethics as well as other policies, whether customary or in writing, both predetermined or to be determined in the future

2. Moral Business Operation

   • - The company is committed to conducting business with morality and ethics in all activities of the company
   • - In business operations, employees must adhere to moral principles by performing duties with honesty and fairness when thinking, speaking, and doing so to behave appropriately according to the good values of society

3. Company Benefits

   • - Employees should perform their duties with integrity, morality, and responsibility in accordance with the guidelines, policies, and regulations prescribed by the company
   • - Maintaining the interests of the company must be caused by legitimate actions
   • - Do not support, condone, or tolerate using benefits as a tool to avoid compliance with laws or regulations in accordance with the principles of good corporate governance

4. Data Reliability

   • - All information of the company must be true and accurate
   • - All employees will work together to create precise documents by recording information and preparing reports accurately and in a timely manner

5. Confidentiality of Information

   • - Employees must not disclose company information that has not been already disclosed to the public, except as required by law or approved by the company
   • - The confidentiality of customer information is an important issue that all employees must strictly follow, and disclosure of any information is prohibited regardless of the method or media except the disclosure of customer information to legal authority or court order

6. Communication and Expression on Behalf of the Company

   • - The company is committed to conducting business with integrity and open communication both inside and outside the organization with accuracy, honesty, and with the appropriate communication channels in each situation
   • - The communication, publication and announcement of false or maliciously distorted information, including those that may affect the reputation of a person or group of people, whether verbal or written is prohibited

7. Use of Internal Information for Securities Trading

   • - Prohibits employees who know information that has not been disclosed to the public to buy or sell any related securities, disclose, or make use of that information for the benefit of themselves or other persons, both directly and indirectly

8. Threat

   • - The company is committed to creating a good atmosphere for work that is effective and without any threat
   • - Upon receiving reports of any incidents of behaviors that are contrary to the guidelines will result in disciplinary action

9. Alcoholism, Drug Abuse, and Gambling

   • - Employees are prohibited from the possession, purchase/sale, or transfer of drugs and controlled substances (excludes prescription drugs)
   • - No alcohol may be consumed while on duty except at a company function or the reception of customers according to the company’s regulations and must not drink until heavily intoxicated or lack consciousness
   • - Prohibits all types of gambling while employees are on duty or on the premises of the company

10. Bribery

    • - Employees must not demand or express intentions, either directly or indirectly, to receive money, property, or any other benefits that may affect business decisions on behalf of the company unless received in the formal occasion according to good local custom or trade tradition

11. Conflicts of Interest

    • - All employees must work with due regard for the interests of the company and must always take into account that in performing their duties, they must not have a conflict of interest or benefits contrary to the interests of the company and avoid conflicts of interest that may arise both directly and indirectly

12. Anti-Corruption and Bribery

    • - Employees are responsible for their understanding of the anti-corruption and bribery policies of the company and must strictly follow the guidelines

13. Company Assets

    • - All employees are responsible for taking care of the company’s assets and prevent loss, damage or misuse

14. Anti-Money Laundering and Anti-Financial Support for Terrorism

    • - Employees must abide by and comply with the rules, regulations, and laws related to money laundering prevention and suppression as well as the prevention and suppression of financial support for terrorism

15. Other Work or External Activities

    • - Employees must not be employed by other organizations or engage in external activities that are not related to the company during their duties

16. Human Rights and Political Activities

    • - The company will adhere to human rights principles as a common practice requiring all employees to understand human rights principles and be a part of the operation
    • - The company does not support any activities that violate human rights principles
    • - Employees must be careful to express political opinions in the workplace, work time or any place that may be understood as a comment made as a company employee