Words From H.ELE. Chairman

Board of Directors are not only responsible for generating profits for the organization but also for practicing responsible business and expanding social impact. They must shoulder corporate social responsibility, communicate sustainability decisions from top to bottom, and integrate these decisions into the organizational culture. By translating the spirit of sustainability into concrete actions, we can truly implement it in our daily operations.

Chairman

H.ELE. Business ethics and code of conduct

H.ELE has formulated the "Code of Integrity Business", "Code of Ethical Conduct" and related policies, and disclosed them on the company's official website. The board of directors and senior management also actively implement their commitments on operating policies.

１）Avoid conflicts of interest: Correctly understand the company's business policies, business philosophy, and code of conduct, regardless of personal interests, and put the interests of the company and the whole society first.

２）Integrity management: Any form of corruption, extortion, conspiracy, misappropriation or misappropriation of public funds is strictly prohibited.

３）No illegitimate gains: Bribery and other methods of obtaining improper benefits, or actions for the purpose of benefiting individuals or third parties are prohibited.

４）Information disclosure: Disclose records related to participation in labor, health and safety, environmental protection activities, business activities, and financial status in accordance with applicable laws and regulations without falsifying records.

５）Respect intellectual property rights: protect intellectual property rights and transfer technology and production knowledge. Contains information about our company, suppliers, and customers.

６）Fair trade, advertising and competition: Comply with fair trade, advertising and competition standards and formulate appropriate measures to protect customer information.

７）Identity protection and prevention of retaliation: Establish anonymous channels so that the reporting identities of employees, suppliers, and customers will not be leaked and there will be no fear of retaliation.

８）Responsible sourcing of minerals: It is prohibited to directly or indirectly use minerals produced in illegal, poor working conditions, or areas of armed conflict.

９）Privacy: Protect the information of employees, customers, and suppliers and prevent the leakage of any private or secret information.

10) Prevention of money laundering: It is not allowed to transfer or change the proceeds of specific crimes with the intention of concealing or concealing the source of the proceeds of specific crimes, or to accept, hold or use the proceeds of specific crimes from others.

11) Prevention of fraud: You shall not use deception or convey false information to cause people to make mistakes and commit criminal acts of disposing of property, or dispose of property that you have kept for others without authorization, or handle affairs for others without intending to do so. Obtain illegal benefits for yourself or a third party and act contrary to your duties.

12) Anti-competitive behavior: In order to prevent or reduce market competition, any unnecessary contact with competitors should be avoided. Do not discuss prices, costs, capacity, output, customers, markets or other competitively sensitive information with competitors.