The Company has recognized the importance of Good Corporate Governance to ensure transparency, to fairly give the utmost benefit to shareholders and other related parties and to strengthen the competitive advantage of the Company.

Accordingly, the Company has announced a policy on Good Corporate Governance in compliance with the eight principles of Good Corporate Governance outlined. The Board of Directors has approved the policy covering all of the following major principles:

1. Establish clear leadership role and responsibilities of the board
2. Define objectives that promote sustainable value creation
3. Strengthen board effectiveness
4. Ensure effective CEO and people management
5. Nurture innovation and responsible business
6. Strengthen effective risk management and internal control
7. Ensure disclosure and financial integrity
8. Ensure engagement and communication with shareholders