Corporate Governance Principles

The Board of Directors, executives, and all employees are committed to adopting the core principles of good corporate governance as operational guidelines. This commitment aims to build trust and confidence among stakeholders, while creating long-term value and enhancing the organization’s competitiveness. These efforts contribute to achieving the desired Governance Outcomes as follows:

• Transparency The organization ensures the disclosure of accurate, complete, and timely information, enabling stakeholders to access essential data for effective decision-making.
• Accountability The Board of Directors and executives are accountable for their decisions and actions, and are capable of responding to stakeholders’ inquiries and concerns.
• Equitable Treatment The organization treats all shareholders and stakeholders fairly and equitably, without discrimination.
• Participation The organization encourages stakeholder participation in decision-making and operations, fostering collaboration and mutual understanding.
• Risk Management The organization has an effective risk management system in place, enabling the identification, assessment, and appropriate management of potential risks.
• Long-term Value Creation The organization plans and operates with a focus on creating long-term value for both the organization and its stakeholders, rather than prioritizing short-term gains.
• Ethics The organization conducts its business with integrity and ethics, in full compliance with applicable laws and regulations.