[Preamble]

Chapter 1. Responsibilities to the Nation and Society

Halla will emerge as a company loved by the public by fulfilling its social responsibilities.

• We pursue common prosperity and development by respecting laws, traditions, customs, culture, and socially recognized values as well as operating legal business activities.
• We abide by international agreements for human rights, the environment, culture, and economy as well as all laws and accounting standards at home and abroad in which we operate business activities.
• We contribute to the national economic development through job creation and tax contributions while contributing to social development by actively fulfilling our social responsibilities.

Chapter 2. Responsibility and Obligation to the Customers

Based on the recognition that customer satisfaction is the basis of company development, we make our utmost efforts to respect their rights and maximize value.

• We gain customer trust by being sincere and honest, protecting their information, and fulfilling our promises to them.
• We realize customer satisfaction by respecting their opinions and providing the highest quality products and services at reasonable prices based on our technological capabilities.
• We never harm customer interests with unethical behaviors.

Chapter 3. Responsibilities and Obligations to the Stockholders

We make our utmost efforts to respect their opinions as well as maximize their rights and investment values.

• We enable stockholders and investors to make reasonable investments and management by respecting their rights and values and through efficient operation of risk management and internal control systems.
• By establishing a responsible management system, we gain their trust by providing all necessary information in a timely manner when they need to make business decisions while following the relevant procedures.

Chapter 4. Fair Competition and Transactions

All transactions must be based on the principles of free and fair competition, with equal opportunity being guaranteed to all entities. By doing so, we build trust and cooperative relationships, and ultimately pursue mutual growth from a long-term perspective.

• We respect our competitors’ rights and regard competitive relations as an opportunity to achieve mutual growth.
• We secure our own competitive edge in a fair and capable manner without denouncing competitors or exploiting their weaknesses.
• We conduct all business transactions under equal circumstances based on mutual trust and cooperation. The terms and procedures of transactions are discussed thoroughly between the parties involved, and all necessary information will be provided.
• All business transactions with our business partners are based on the principles of fair competition, with equal opportunity being guaranteed to all entities.
• We register and select all business partners in a transparent and reasonable manner, following an objective and fair evaluation process.
• We abide by all the laws and regulations applicable to fair transactions.

Chapter 5. Basic Ethics of Employees

Based on the Halla spirit of progression and creativity, all employees must build on their values and perform their duties in a fair manner with pride and self-esteem as Halla people.

• Halla employees have a high standard of morality and strive continuously to maintain their personal dignity and the company's honor.
• Halla employees carry out their assigned duties in the most transparent and fairest manner while understanding the company’s policies, rules, regulations, and their duties.
• Halla employees understand the desirable talents that are needed in this rapidly changing era of diversity, and strive constantly to meet these standards through self-development.

Chapter 6. Responsibilities to Employees

Halla respects the dignity and values of all employees as independent human beings. They will be treated fairly according to their abilities and achievements and encouraged to further develop themselves with a variety of support and training opportunities.

• Halla respects the free exchange of opinions and the privacy of all employees and accordingly establishes systems and a corporate culture to assist them in performing their duties with a sense of ownership and pride.
• Halla evaluates the abilities and performance of its employees by using fair standards. We do not tolerate discrimination based on educational background, gender, religion, region of birth, age, disability, and/or race.
• Halla provides active support and creates an environment in which employees can develop into autonomous and creative professionals.
• Halla provides education and training on sexual harassment in the workplace and makes every effort to prevent sexual harassment.
• Halla strives to protect the health of employees and create a safe and pleasant working environment.

Chapter 7. Penalties for the Breach of the Code of Ethics