Article 1 (Purpose)
The purpose of this policy is to establish an anti-corruption management system by setting the behavioral standards for executives and employees belonging to SEMI-TS Co., Ltd. (hereinafter referred to as the “Company”) for preventing corruption.
Article 2 (Prohibition of Corruption)
The company prohibits bribery, giving, and conflict of interest, such as money and valuables, entertainment, and convenience, with related stakeholders, regardless of the pretext of its personnel.
Article 3 (Promotion of anti-corruption spirit and fair trade)
In performing their duties, the company's executives and employees are subject to the 「Criminal Act」, 「Act on Aggravated Punishment, etc. of Specific Crimes」, 「Act on Aggravated Punishment, Etc. of Specific Economic Crimes」, 「Medical Devices Act」, 「Bribes to Foreign Public Officials in International Business Transactions」 of the Republic of Korea. Anti-Corruption Act”, “Improper Solicitation and Graft Act”, “OECD Anti-Corruption Convention”, “FCPA (Foreign Public Officials Anti-Corruption Act)” of the United States, “Ethical Management and Promote the spirit of anti-corruption laws such as the “Anti-Bribery Act” and the “Anti-Bribery Act” of the UK to foster an honest and ethical corporate culture and to conduct fair and sound transactions.
Article 4 (Conformity to Organization Purpose)
Employees eliminate corruption risks by complying with anti-corruption policies and regulations and anti-corruption management system, thereby contributing to the achievement of the company's purpose.
Article 5 (Execution of anti-corruption and commitment to improvement)
The company must establish and operate an effective anti-corruption management program and continuously improve it to prevent and reduce corruption risks. In addition, all company executives and employees must sign and fulfill the anti-corruption pledge at least once a year.
Article 6 (Authority and Duties of Person in Charge of Anti-Corruption)
The company appoints an anti-corruption officer to prevent corruption. The person in charge of anti-corruption is given independent responsibility and authority related to anti-corruption, and is obliged to provide and supervise the company's anti-corruption management culture and advice and guidelines for problem solving. The company conducts anti-corruption training for executives and employees at least once a year and distributes related materials. The Ethical Management Office of the company is responsible for training and distributing materials, and can receive corruption reports and conduct corruption-related investigations.
Article 7 (Protection of identity of whistleblower on corruption and bribery)
The company keeps the personal information of informants of corruption and bribery strictly confidential, and if the informant is a member of the company, it is evaluated and assigned based on the report and protected from disadvantageous economic treatment. The company's contributions resulting from the whistleblower's bribery report are reflected in the work evaluation.
Article 8 (Measures in case of non-compliance with anti-corruption policy)
If an executive or employee violates this policy and related laws or fails to take reasonable measures after discovering a violation, the company does not take responsibility on behalf of the executive or employee, and may take disciplinary action against the executive or employee in accordance with company regulations.
Addendum
This policy will be enacted and implemented on December 1, 2022.