• Code of Ethics
• In terms of business management and activities, we prioritize “corporate ethics” as the foremost value and every member of the company will practice its duties in the transparent, fair, and reasonable manner and respect the principles of business fair management while maximizing the corporate image and profitability by solely conducting activities adhering to all the regulations and rules.
• In addition, every member of the company including executives and employees, should duly conduct its duties to accomplish the company’s goals while the company provides the stable foundation on which mutual trust and beliefs are established. In such atmosphere, the company should seek for mutual growth and instill pride in both internal and external stakeholders.

• 01

  Social Responsibilities
  Seeking to be a company trusted by the society through its transparent and fair business management and activities.

• 02

  Responsibilities for Stakeholders
  Prioritizing customer values while seeking for cooperation and mutual growth with customers.

• 03

  Responsibilities for Executives & Employees
  Regarding our employees and executives as the most important asset of the company and putting its utmost efforts to enhance their capabilities and competences.

• 04

  Basic Ethics of Executives and Employees
  Our executives and employees should have proper values and not engage in any daily activities or work-related activities considered unethical or illegal that may be criticized by the society.

• 05

  Implementation of Ethical Management
  The company shall have detailed guidelines for Ethics Charter and Code of Ethics for proper implementation.

Items for Code of Ethics

• 1. Outline
• A. Purpose of the Human Rights Charter
• Howon Co., Ltd. declares the Human Rights Charter to actively implement human rights management, prevent human rights violations arising from business operations, and mitigate related risks. To fulfill its commitment to human rights management, Howon shall fully comply with international standards and guidelines related to human rights and labor, including the Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights, the core conventions of the International Labor Organization (ILO), and the OECD Due Diligence Guidance for Responsible Business Conduct.
• B. Scope of Application of the Human Rights Charter
• The Human Rights Charter applies to all employees of Howon Co., Ltd., including those working at domestic and overseas plants. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary. Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• C. Human Rights Risk Management System
• Howon Co., Ltd. Shall establish the internal system required for human rights management in compliance with this Human Rights Charter to respect for the human rights of all employees and mitigate potential risks. In addition, it shall continue its efforts to improve its human rights risk management and share its outcomes with stakeholders in the transparent manner. The human rights management team of Howon Co., Ltd. shall implement the risk management system in good faith, and periodically review its human rights management processes and revise the system to reflect any societal changes.
• • Establishment and Declaration of the Human Rights Charter
  • Establishment and Implementation of the Human Rights Management System
  • Inspection and Evaluation of Human Rights Risks
  • Support for Improvement of Human Rights Risks
  • Disclosure of Status for Implementation of Huaman Rights Management

• B. Basic Principles
• The Human Rights Charter applies to all employees of Howon Co., Ltd., including those working at domestic and overseas plants. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary. Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 1. Prohibition of Discrimination
• Howon Co., Ltd. prohibits any form of discrimination in its employment-related matters, including recruitment, hiring, promotion, training, wages, and welfare benefits, based on gender, race, ethnicity, nationality, religion, disability, age, family status, social status, political views, pregnancy, or childbirth, without reasonable justification. The company fosters an organizational culture that respects the diversity of its employees. Any confirmed cases of discrimination will be addressed with a zero-tolerance policy.
• The Human Rights Charter applies to all employees of Howon Co., Ltd., including those working at domestic and overseas plants. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary. Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 2. Prohibition of Harassment at Workplace
• Howon Co., Ltd. strictly prohibits any acts that exceed the reasonable scope of work-related responsibilities, causing physical or mental distress or deteriorating the work environment by exploiting one’s position in the workplace. Such acts include sexual harassment that induces feelings of humiliation or aversion through sexual remarks or behaviors, as well as bullying, intimidation, and other forms of harassment.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 3. Compliance with Employment Conditions and Employee Career Management
• Howon Co., Ltd. complies with the statutory working hours of the corresponding country where it operates and provides all employees with fair compensation for their work, accompanied by detailed pay statements. In addition, it shall offer sufficient opportunities for training and proper working environments to support the development of employee’s capabilities and improve their quality of life.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 4. Humane Treatment
• Howon Co., Ltd. shall respect the privacy of all employees and ensures the strict protection of their personal information, and shall prohibit any form of coercion, abuse, or unreasonable treatment, whether mental or physical.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 5. Freedom of Association and Collective Bargaining
• Howon Co., Ltd. shall respect the labor laws of the countries where this Human Rights Charter applies and ensure that all employees are provided with ample opportunities for communication.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 6. Prohibition of Forced Labor
• Howon Co., Ltd. shall strictly prohibit any form of forced labor, including acts of violence, threats, or confinement, to its employees. It, also, shall not request identification documents, visas, or any similar items to compel work against an employee's free will.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 7. Prohibition of Child Labor
• 1) Howon Co., Ltd. strictly prohibits child labor. The term "child" refers to any individual under the age of 15 (or 14, as stated in the law of the corresponding nation), the age of completion of compulsory education, or below the national minimum employment age, whichever is oldest.
  2) Prior to entering into an employment contract, Howon Co., Ltd. shall require prospective employees to submit proof of identification, such as a resident registration certificate, to ensure they exceed the statutory minimum employment age.
  3) If the Company hires a worker who is under the legal minimum age or breaches the child labor requirement, after hiring, it shall immediately cancel the employment and notify the legal guardian of the situation. However, if the legal guardian provides consent and a work permit granted by the Minister of Employment and Labor is submitted, the company may reconsider the continuation of employment and provide the opportunity for work. In such cases, the company encourages that the individual’s employment does not interfere with their educational opportunities.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 8. Prohibition of Human Trafficking and Exploitation
• Howon Co., Ltd. shall prohibit any acts of recruitment, transportation, movement, concealment, or receipt of individuals through coercion, threats, use of force, kidnapping, fraud, or deception for the purpose of exploitation.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 9. Assurance of Occupational Safety
• Howon Co., Ltd. ensures that all employees work in a safe environment by regularly inspecting the facilities, equipment, and tools at the workplace, offering appropriate measures to prevent physical and mental risks, and providing support plans for post-incident management and follow-up care.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 10. Protection of Human Rights of Local Residents
• All employees of Howon Co., Ltd. shall ensure to protect and respect the human rights of local residents while engaging in works as well as their rights regarding safety, health, and freedom of residence.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 11. Protection of Human Rights of Indigenous Peoples
• 1)Howon Co., Ltd. shall comply with the UN Guiding Principles on Business and Human Rights and the core principles of the International Labour Organization’s fundamental conventions, and this Human Rights Declaration.
  2) In accordance with the UN Declaration on the Rights of Indigenous Peoples, the company shall recognize and respect the rights of indigenous peoples and local communities.
  A. Howon Co., Ltd. recognizes and respects the traditional access rights of indigenous peoples and local communities for hunting and gathering animals and plants for survival, as well as their indigenous, cultural, religious traditions, customs, and rituals.
  The company acknowledges and protects the customary, traditional, and communal land rights, copyright, and intellectual property ownership of indigenous peoples and local communities.
  C. As for activities that may affect the rights of indigenous peoples and local communities, Howon Co., Ltd. follows the UN-REDD FPIC (Free, Prior, and Informed Consent) guidelines to obtain FPIC. In the event that the company causes harm or contributes to harm regarding the land, territory, rights, or resources of indigenous peoples and local communities without obtaining FPIC in advance, appropriate measures shall be taken via mutually agreed procedures, and implementation of such measures shall be monitored by community members and/or a mutually agreed third party.
  D. The company maintains continuous, effective, and culturally appropriate communication channels with indigenous peoples and local communities.
  3)Howon Co., Ltd. shall respect and support the economic, social, and cultural rights of local communities, ensuring access to a suitable living environment, food security, and overall well-being.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 12. Protection of Human Rights of Customers
• All employees of Howon Co., Ltd. must prioritize the protection of customers' life, health, and property when providing products and services and take all necessary measures to protect personal information collected during business activities.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 13. Compliance with Living Wage Standards
• Howon Co., Ltd. shall comply with the living wage payment requirements, beyond the legal minimum wage, to support the basic needs and well-being of employees and their families.
• This Human Rights Charter applies to all employees of Howon Co., Ltd. including those at domestic and overseas facilities. The employees of Howon Co., Ltd. are expected to adhere to this charter when engaging with suppliers and encourage all stakeholders in its business relationships to respect its principles. If the provisions of this charter conflict with the applicable laws of other countries, the laws shall take precedence. In such cases, the charter may be revised to reflect the legal and industrial characteristics of the corresponding country. Additionally, additional policies may be established if necessary.Unless there are special provisions in local laws, organizational bylaws, or internal regulations, all employees of Howon Co., Ltd. are required to carry out their duties in accordance with the principles of this Human Rights Charter.
• Article 14. Establishment of Fair Business Relationships with Partners
• Every member of Howon Co., Ltd shall comply with all the corresponding regulations and laws of Korea and overseas, establish a transparent and fair transaction system, and not engage in any unfair business practices that exploit its dominant position in business as well as any form of workplace harassment, including acts that cause physical or mental distress beyond the reasonable scope of work.

• Safety, Health, and Environmental Management Policy
• 1. We shall consider environment, safety, and healthy management as the core assignment of the company while prioritizing environmental safety throughout the entire process, including product design, production, use, and disposal.
  2. Every member of the Company shall fully comply with all the regulations, laws, and requirements and engage in safety accident prevention activities for zero accidents. 3. We shall secure the advanced environment, safety, and health management system for efficient use of resources and energy, prevention of environmental pollution and safety accidents, and maintaining of workplaces to be safe and pleasant.
  4. We shall prioritize the safety and health of everyone we are working with and fulfill our social responsibilities regarding safety and the environment.

• Vision for Safety, Health, and Environment
• Accomplishing the ZERO Workplace with No Major Accidents, Occupational Diseases, and Environmental Pollution

• Objectives
• 1. Compliance with safety and health policies, operation of safe facilities, and establishment of safety systems
  2. Creation of pleasant workplaces, removal of risk factors, and consistent improvement
  3. Strengthening environmental management capabilities, management of environmental pollution sources, and strengthening and implementation of green living practices

• Strategies
• • Compliance with Basic Rules and Principles
  • Preemptive Safety Management
  • Optimization of Firefighting and Disaster Prevention
  • Offering Training and Education Consistently
  • Establishing an Eco-Friendly Company

• Outline
• Vision for Safety & Environment
• Howon has prepared and implemented the sustainable development plan to establish an eco-friendly production system in respect for humanity. For realizing the management philosophy of Howon , we are seeking to accomplish our vision of “Achieving the ZERO Workplace with no accidents, pollution, and diseases. In addition, we have established and implemented the strategies to respond to the environment and safety issues based on the consensus of all members of the company on the importance of environmental management.
• Safety, Environment, and Health Management Policy
• Howon declares that it will consistently make efforts to improve environmental safety in its production activities, prioritize safety, environment, and health activities, and carry out the followings to achieve a 3-free workplace as the core elements of its management.

• 01

  We shall consider environment, safety, and healthy management as the core assignment of the company while prioritizing environmental safety throughout the entire process, including product design, production, use, and disposal.

• 02

  Every member of the Company shall fully comply with all the regulations, laws, and requirements and continuously receive and offer education and training for prevention of accidents related to environment and safety.

• 03

  We shall establish and implement the advanced environment, safety, and health management system as well as the PMS system for efficient use ofvarious resources and energy, prevention of environmental pollution and safety accidents, and maintaining of workplaces to be safe and pleasant.

• 04

  We shall openly communicate with adjacent companies, local residents, customers, and shareholders through our RC activities and fulfill our social responsibilities.

• Strategies for Safe Environment
• Howon has implemented the five optimal strategies to achieve the first year of zero accidents.

• 01

  Preemtive Safety Management

  · Prevention of Human Errors

  · Safety Management for Construction and Expansion Works – Achieving Zero Accidents

• 02

  Optimized for Firefighting and Disaster Prevention

  · Operating the 24H Monitoring & Disaster Prevention Center

  · Quick Response through the Operation of Our Own Fire Brigade

• 03

  Healthy Workplace

  · Strengthening the Disease Prevention and Health Promotion Activities

  · Prevention of Work-Related Illness by Providing a Pleasant Workplace

• 04

  Establishing an Eco-Friendly Corporate Image

  · Reducing the Emission of Pollutants

  · Improving and Supplementing the Environmental Facilities

  · Practicing the Social Responsibilities

• 05

  Establishing PSM Activities

  · Strengthening and Implementing the PSM Activities

  · Strengthening the Organization by Cultivating Experts

  · Establishing the Autonomous Safety Management System