Whistleblowers Protection & Rewarding System

Protection of Whistleblower

  • The contents of reports and identity of reporters will be kept strictly confidential.
  • The whistleblowers' identities will not be disclosed without his/her prior consent. Even in case of his/her consent to disclosure, the disclosure will be limited to the scope that whistleblowers agree to.
  • Good faith reporting will suffer no disadvantage or discrimination.
  • Even if the reporter is also involved in the misconduct being reported, the voluntary reporting will be taken into consideration as a mitigation factor.

Rewarding System

1. Reward applies to
Both Employees and non-employees
2. Reward Criteria
In case the reporting contributes to the Group's loss protection, profit recovery and/or cost reduction.
In case the reporting helps find unethical acts such as receiving bribery or entertainment, etc.
3. Limit for Reward
In case of reports contributing to the Groups loss protection, profit recovery or cost reduction: Maximum reward up to KRW 1.0 billion
In case of reports for bribery or entertainment: Maximum reward up to KRW 100 million.
In case that the reports' contribution to loss or unfair profits is difficult or unable to measure: Maximum reward up to KRW 100 million.
In case of a report falling under two or more criteria above, the reward will be made on the basis of higher limit.
Additional misconducts newly found in the course of the investigation will be excluded from rewarding.
4. Ineligible for Reward
In case the report proves untrue or unverifiable.
In case the reported matter has been already open to the public or recognized by Business Ethics Team.
In case the reporter cannot be identified due to anonymous or false-name reporting.
In case the reporter is a staff or employee of the Business Ethics Team or its related organizations.
Other cases where rewarding is considered as improper or unreasonable.
5. Reward Payment
The reward shall be paid in the manner not to reveal the recipient's identity after deducting the withholding tax.