Preamble

HLB Therapeutics (hereinafter referred to as the “Company”) is committed to improving its corporate value through forward-looking and efficient business management that spurs growth to fulfill its obligations to all stakeholders including our shareholders.

The Company respects all domestic and international laws as well as market principles, takes the initiative in establishing a practice of fair trade, respects social values and customs, and contributes to the community through various corporate socially responsible activities. The Company has established a code of ethics to ensure and promote an ethical and fair corporate culture.

Motto

We strive to provide the best “corporate value”.
We contribute to “healthy social and national development” by adhering to social norms and ethics.
We demonstrate our abilities to the fullest by challenging and creative thinking, building a sound corporate culture, and achieving management goals and individual visions.

Code of Ethics & Code of Conduct

Ethics for Shareholders

Protecting Shareholder Interests and Securing Their Trust
1. The Company is committed to doing its best to uphold the interests of shareholders by realizing profits and making sound investment decisions.
2. The Company is shall acquire trust from shareholders and investors by promoting transparency and making sound decisions, as well as establishing a responsible and highly-trained management system.
3. The Company maintains accurate financial status records, reliable accounting procedures in line with international business accounting standards, and regular disclosures of such records.
4. The Company operates a company-wide risk management system and an effective internal control system to prevent risks, such as financial mishaps, and proactively copes with changes in the business environment.

Respect for Shareholder Rights
1. Efforts are made to respect all shareholder rights equally and to actively respond to the legitimate requests of shareholders.
2. The Company recognizes that shareholder value is based on customer value, and thus always seeks to maximize the value of our shareholders.

Provide reliable information
1. The Company provides shareholders with timely and accurate information on the Company’s management status and future prospects in order to promote smart investment decisions.
2. The Company actively shares information with shareholders on how the Company generates reasonable profits through sound asset management and efficient operational administration.

Ethics for Employees

Company Obligations to Employees

Respect for Each Individual
1. The Company shall treat employees as individuals and respect their basic rights.
2. The Company shall establish a work / training system that instills pride in employees’ works and gives them a sense of ownership and belonging.

Fair Treatment
1. The Company shall give equal opportunities to employees taking into their account their respective capabilities and personal needs, and shall evaluate them fairly.
2. The Company shall not discriminate against candidates in recruitment, everyday work, promotion, etc. based on their education, gender, age, nationality, race, ethnicity, religion, region of origin, marital status, political opinion, social status, or physical disability.
3. The Company shall provide information to ensure that performance evaluations of employees are done in a fair and transparent manner.

Talent Development
1. The Company will respect the personality and aptitude of our employees, thereby helping to promote job satisfaction and encourage the achievement of goals and performance in a proper manner.
2. The Company will emphasize that ethical decision-making and actions form a core part of competitiveness and encourage employees to undergo both obligatory and optional training in order to remain competitive.
3. The Company will actively sponsor training programs that enable our employees to be creative, demonstrate their individual abilities, and develop their capabilities in the long term.

Employee Duties to the Company

Passionate Work as Strategic Creative Thinking
1. Officers and employees should work with passion in their strategic thinking and maintain a creative spirit.
2. Officers and employees should always come to work with an energetic and forward-looking mindset and a willingness to rise up to the challenges even in unfamiliar areas.
3. The Company will set the highest targets and share objectives to easily achieve the target goals.
4. The Company will continue to do its best no matter how difficult things may appear.

Fair Job Performance
1. Officers and employees shall be prohibited from receiving any form of monetary or non-monetary compensation that may impair fairness in relation to their work.
2. Employees shall not use the Company’s assets for any illegitimate purpose, including but not limited to the misappropriation or embezzlement of assets. In the event that there is a conflict of interest between the Company and an individual, the Company’s interests shall be given priority.

Accomplishment of Mission
1. Officers and employees shall share the Company’s management philosophy and perform their duties in the best possible way.
2. Officers and employees should clearly recognize their rights and responsibilities and make decisions as well as act within their rights to achieve the Company’s goals.
3. Officers and employees shall improve work efficiency through active co-operation and efficient communication between colleagues and related departments.

Developing Healthy Citizenship
1. Officers and employees shall take pride in the Company, and foster healthy citizenship to make life easy and safe with honesty and integrity.
2. Officers and employees shall not engage in any acts that violate the Company’s code of ethics and values and do their best not to tarnish the reputation of the Company.

Self-care and Development
Officers and employees shall establish their own talents and strive to be consistent through continuous self-development.

Prevention of Sexual Harassment at the Workplace

1. Shall not engage in sexual harassment, both in and out of the work place.

A.Shall not engage in any behavior including but not limited to kissing or hugging from the front or back another individual without consent.
B.Shall not engage in any sexual harassment behavior including but not limited to, the sharing of obscene jokes, sexual metaphors or evaluation of people’s appearances, verbal requests for sexual information, intentional dissemination of sexual information, or forced drinking during meals.
C.Shall not engage in any acts that involve visual materials considered obscene, including the viewing or sharing of photographs, drawings, graffiti or publications of such nature, or deliberately exposing or touching one’s private body parts.

2. Shall not engage in any act or speech perceived to cause sexual humiliation or disgust in others.

Prohibition of Both Insider and Unfair Trading
1. Officers and employees shall not use the information obtained internally or externally for their own private interests, or use such information for their personal benefit. Nor shall they share such information with others.
2. The Company’s tangible assets (e.g. equipment, system, equipment, office supplies, etc.) or company funds (e.g. corporate credit card) shall be used reasonably and transparently only for the purposes approved by the Company.
3. The Company’s internet shall only be used for business, and improper use of the Company’s Internet for personal purposes shall be prohibited.

Protection of Company Property
1. The Company’s name, influence, and assets should only be used for business purposes and the Company’s name and influence shall not be used for external activities without the prior approval of the Company.
2. Shall appropriately control the access of third parties to the Company, and shall not disclose any business-related documents to any third party.
3. Sensitive or confidential matters concerning the Company shall not be discussed in public places (e.g. in elevators, corridors, restrooms, public transportation) nor with friends or family members of individuals.

Internal and External Publication and Media Relations
1. The confidentiality of the Company, such as information on the Company’s operations, performance, strategies, projects, business plans, customer relationships, and employees, must be properly ensured and protected.
2. Shall appropriately control the access of third parties in the Company, and shall not leak any business-related documents to any third party.
3. Shall not talk about sensitive or confidential matters of the Company in public places (e.g. elevators, corridors, restrooms, public transportation, etc.), and shall not talk to friends about important confidential matters.

Publication Internally and Externally and Media Relations
1. Information related to the Company must be disclosed to the press and the general public only by authorized personnel.
2. If a third party desires to obtain information on the Company, this must be brought to the attention of an authorized employee if the original individual receiving the inquiry is not authorized to make the decision.

Sound and Autonomous Corporate Culture
1. Officers and employees shall actively work towards the legal compliance of business practice and ethical management.
2. Officers and employees shall endeavor to activate and honestly conduct self-inspection to strengthen autonomous internal control.

Prevention of Money Laundering
1. Officers and employees shall not engage in money laundering or promote money laundering, and shall protect the Company from money laundering.

Relationship Between Employees and Senior Management

1. Officers and employees shall practice and enhance mutual understanding.
2. Officers and employees shall collaborate based on good faith and respect for one another.
3. Business related requests by supervisors shall be diligently carried out in good faith. However, if the requests are obviously illegal or unfair, they should be rejected and the matter should be reported to either an appropriate senior officer, full-time auditor, or compliance officer if corrections cannot be made.
4. The Company shall consider and process the above report of employees fairly and shall not penalize employees based on the fact that such a report had been filed by the employee

Prohibition of Offering Gifts / Money Transactions between Officers and Employees
1. Officers and employees shall not be prohibited from giving and receiving gifts (holiday gifts, etc.) that are considered generally socially acceptable.
2. Any monetary transactions, including loans, collaterals, and guarantees, between officers and employees that can lead to significant loss of organizational power and personal bankruptcy, shall be prohibited.

Ethics for the State and Society

Healthy Corporate Activities
1. The Company shall comply with various laws and regulations, respect the values of the community where the office is located, and strive to create a healthy corporate culture.
2. The Company shall not undermine the national economy or commit acts that may be considered offensive to the national psyche of the country in which the Company is located, but shall reject unfair business practices including but not limited to engagement in corruption that undermine healthy business activities and weaken collective competitiveness.

Contribution to Social Development
1. The Company shall create jobs, pay taxes, and live up to its other duties.
2. The Company shall guarantee and actively support the participation of officers and employees in healthy social activities or volunteer work.

Prohibition of Political Intervention
1. The Company shall not engage in any act that undermines political neutrality by exhibiting or supporting a particular political party or candidate.
2. The company shall respect the suffrage of officers and employees as citizens, but it shall be strictly forbidden to express any political opinion or action in the name of the Company.
3. Political contributions and charitable contributions provided by the Company shall be in accordance with relevant laws and the Company’s internal regulations.

Environmental Protection
1. The Company shall proactively recognize that the environment is something that humanity should preserve forever and strive to preserve a clean natural environment
2. The Company, its officers, and employees shall take the lead in environmental protection activities, such as recycling, ban on disposable goods, and refraining from driving private cars.
3. The Company facilities shall be operated in consideration of environmental protection.
4. The Company, its officers, and employees shall actively practice energy conservation and use of recycled items.