In accordance with our corporate philosophy of "creating value in tune with the times," the Ryoyo Group conducts its business with high ethical standards for the greater good of society. In order to fulfill our responsibilities toward society in every aspect of our business, we will continue to act in compliance with this philosophy, as well as with all laws and regulations, throughout our domestic and overseas operations.

At Ryoyo Electro, we recognize enhancing corporate governance as an important task of management. Therefore, in order to continue to guarantee the soundness, transparency, and effectiveness of management, as well as increase corporate value and fulfill our responsibilities to society, we are striving to develop internal systems that ensure the functionality of corporate governance.

In 2007, we established the Ryoyo Group Codes of Conduct, which we expect directors and employees within all Ryoyo Group companies, whether domestic or overseas, to follow. It also describes matters that should be observed from a compliance perspective and serves as a foundation for our operations moving forward. We have also set up the "Ryoyo Group Compliance Hotline" so that we can quickly identify violations of the Ryoyo Group Codes of Conduct and carry out the necessary steps to rectify such issues. This hotline serves as a communication channel for employees to discuss and report compliance-related concerns.