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Ethics

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Message from Our Chairman & CEO on Compliance

Driven by our mission to contribute to human progress through our superior products, employment opportunities, and uncompromising service to our valued customers, Poongsan Group also strives to forge a higher global standard as a transparent, law-abiding, and ethical company.

Driven by our mission to contribute to human progress through our superior products, employment opportunities, and uncompromising service to our valued customers, Poongsan Group also strives to forge a higher global standard as a transparent, law-abiding, and ethical company.

At Poongsan, we clearly recognize that conducting business the "right" way is the only way to continue building relationships and earning the trust essential to competing for, and winning, a growing share in today's global markets. To achieve these strategic objectives, I am pleased to note we are constantly reviewing, updating and strengthening our Code of Ethics and compliance systems.

Poongsan strictly prohibits unethical behavior such as offering or receiving a bribe or other improper benefit, and going forward we will enforce a zero-tolerance policy for such conduct. Furthermore, Poongsan's management and employees shall not violate the relevant local laws or regulations governing corruption and business transactions.

Our Founder built this company and laid the foundation for its enduring growth through sheer strength of character. For nearly half a century, his example has served our customers and stakeholders very well - and to be clear, that sterling example continues to light the way forward. Striving for the highest ethical standards, and compliance with same, is a key element of our competitive edge today and always.

Based on such belief, I thank each of Poongsan's officers and employees and urge you to work together to make our dynamic company one in which we can continue to be proud.

Sincerely.

Poongsan Corporation Chairman & Chief Executive Officer Jin Ryu

Fair Play Pledge

Participation in Fair Player Club

Cyber Newspaper

Transparent and fair, ethical management

  • User guide
  • Report
  • Check Status of Report

  • User guide

    Poongsan Group's Cyber Reporting System accepts reports on ethics violations by the company and its employees. Your proactive reporting will serve as a foundation for fostering a more transparent and fair organizational culture within our company.

    What to report:

    Misconduct, corruption, bribery, and acceptance of improper gifts by employees whilst in the course of their duties

    Illegal or improper use of company assets

    Actions that damage the company's image and reputation

    Actions that harm organizational culture, such as unfair directives and harassment

    Any other actions that violate ethical standards and norms

    Reporting Method
    and Procedure

    Online Submission: Submit your report through Poongsan Group's Cyber Reporting System on our official website.

    Email: Send your report to the designated ethics compliance email address.

    Hotline: Call the dedicated ethics hotline to report violations.

    Mail: Send a detailed report to our corporate ethics office via mail.

    Procedure :
    (1) Receipt of Report: Upon receiving the report, an acknowledgment of receipt will be sent to the reporter.
    (2) Preliminary Review: The report will undergo a preliminary review to determine the validity and scope of the issue.
    (3) Investigation: A thorough investigation will be conducted by the ethics compliance team.
    (4) Resolution: Based on the findings, appropriate actions will be taken, which may include disciplinary measures or policy changes.
    (5) Feedback: The reporter will be informed of the investigation outcome, ensuring confidentiality and the protection of their identity throughout the process.

    Email sdkim@poongsan.co.kr

    Postal address Audit Div. Poongsan Holdings, 16th Floor, Poongsan Building, 23 Chungjeong-ro, Seodaemun-gu, Seoul 03737

    Telephone +82-2-3406-5303

    Whistleblower protection

    Confidentiality: The identity of the whistleblower and the content of the report will be kept confidential.

    Protection from Retaliation: Whistleblowers will not face any disadvantages or retaliation as a result of their report.

    Consideration for Self-Reporting: If the whistleblower reports corruption or misconduct related to themselves, leniency may be considered.

    Data Security: All information provided to the Cyber Reporting System is securely managed on a separate server to protect the whistleblower’s identity, with only minimal information (name, email, phone number) required.

    Data Handling: All personal information is handled and disposed of in accordance with the Personal Information Protection Act.

    ※ Please note: while submissions can be made in writing or via telephone, we strongly encourage using the website

  • Report

    Subject of report
    Place of business and relevant manager
    Contents of Report
    Subject *
    Type of report *
    Contents of Report *
    Attached file
    Identity
    I wish to report anonymously
    Name *
    E-mail *
    Tel *
    Create password *

    * must contain eight or more characters, including letters, numbers, and special characters

    Confirm password *

    Collection of personal information and Terms of Use

    Purpose of collection/scope/purpose of use of personal information

    1. We collect the minimum amount of information required to carry out the duties of the cyber reporting system.
    We require the ability to collect and use your personal information in order to facilitate consultation and reply service

    2. Items of personal information to be collected

    Thank You.
    Your report has been successfully submitted.

    Report Number:

    Password Confirmation:


    Please enter the report number and password to check the response to your report.

    If you lose your report number or password,
    please submit a new report or contact us at cyber@poongsan.co.kr

  • Check Status of Report

    Report Number
    Password

    A report number is assigned upon submission of a report.
    If you lose your report number or password,
    please submit a new report or contact us at cyber@poongsan.co.kr

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