Code of Conduct for Suppliers

Code of Conduct On Business Gift and Entertainment

Our business is founded on the principle to act with integrity and to remain a trusted presence in line with our Standards of Business Conduct and Our Values. In order to build healthy and transparent business relationships with our business partners, we prohibit our employees from giving and accepting entertainment, treats, or gifts, including year-end and mid-year gifts, in the relationship with our business partners, beyond the extent of regular business practices. In addition, our employees are prohibited from requesting any gift, entertainment, or treats from our business partners.

Therefore, if an employee wishes to give our offer or accept a business partner’s offer of entertainment or treats, e.g., golf, dining, or sports viewing, the employee is required to report the matter to and obtain approval from the responsible Officer in advance. Similarly, any and all gifts gave or received must be reported to the responsible Officer.

Please also note that the acts of giving or accepting the following types of gifts, entertainment, and treats is prohibited:

• - Giving or receiving money, cash vouchers, etc.
• - Giving or accepting the offers of entertainment or treats from the same business partner on more than two occasions within one year.
• - Giving or receiving transportation and lodging expenses when accompanying business partners on business trips, etc.
• - Giving or receiving other personal favors in our relationship with business partners.

Last but not least, in our relationship with franchisees, we prohibit accepting any gifts, entertainment, or treats, e.g., eating and drinking, golf, etc., as well as providing gifts or entertainment except when following our company’s procedures.

Thank you very much in advance for your understanding of the purpose of the above policy and for your continued cooperation to ensure compliance.