As a global corporate citizen, HFR Co., Ltd. (hereinafter referred to as “HFR”) recognizes the importance of human rights, a universal human value, and respects the rights of its executives, employees and stakeholders who interact through corporate activities.

HFR operates processes related to human rights and labor such as internal and external communication, grievance handling, and relief procedures. For complying with the labor laws and regulations of each country and region during its corporate activities, supporting and implementing human rights and labor standards of international organizations such as the UN and ILO.

In order to put the above into practice, HFR declares its human rights management policy as follows.

1.1 Humane treatment: HFR respects its executives and employees and strives to prevent mental or physical inhumane treatment, such as verbal abuse, sexual violence, or physical abuse.

1.2 Prohibition of discrimination: HFR does not unfairly discriminate on the grounds of race, skin color, gender, language, religion, nationality, disability, social status, etc. in the operation of personnel systems such as hiring, promotion, compensation, and provision of training opportunities.

1.3 Prohibition of forced labor: HFR does not force workers to work against their free will by unreasonably restricting their mental or physical freedom, such as assault, intimidation, or confinement, and HFR does not require workers to hand over their ID cards or other important personal documents as a condition of employment.

1.4 Prohibition of child labor: HFR complies with the minimum employment age standards set by national and local laws and does not expose young people to work environments that are harmful and dangerous to the human body.

1.5 Anti-corruption: HFR opposes all forms of corruption, including unjust enrichment and bribery, and continues to manage its subsidiaries and partner companies.

2.1 Wages and Welfare: Wages paid to workers must include minimum wage, overtime pay, and welfare items stipulated by law, and must comply with all local laws and regulations. All overtime work must be done voluntarily with the employee's consent, and overtime pay is paid in accordance with local laws and regulations.

2.2 Compliance with legal working hours and working conditions: HFR complies with working hours specified by national and local laws, guarantees the minimum wage, and complies with labor-related laws and regulations, such as signing up for social insurance and providing rest and vacation.

2.3 Creating a safe working environment: HFR strictly complies with the health and safety standards required by national and local laws and regulations. HFR conducts regular training that reflects legal requirements and raises workers' safety awareness through safety culture activities.

2.4 Freedom of Association/Right to Collective Bargaining: To cultivate a sound organizational culture, HFR provides opportunities for communication between the company and executives and employees, guarantees union membership and collective bargaining, and does not impose unfair disadvantages on executives and employees due to labor union activities.

2.5 Fair treatment and education and training support: HFR treats all executives and employees fairly according to their abilities and qualifications, creates an environment for voluntary self-development, and actively supports opportunities for education and training necessary for work performance.

3.1 Personal information protection: HFR protects the personal information of stakeholders, including customers, in accordance with national and local laws and does not use the information or uses it for any other purpose without prior approval of the parties concerned. Additionally, HFR provides truthful information and does not provide false information

3.2 Supply chain human rights protection: HFR continuously manages human rights management not only within its subsidiaries but also within its partner companies.

3.3 Protection of human rights in the community: HFR manages changes in the community due to potential social and environmental impacts of the workplace. HFR strives to listen to the community and incorporates it into its business activities, so that people living near its business can raise concerns about potential impacts and address issues.

HFR will do its best to prevent human rights violations that may occur in the course of corporate activities and to exclude unfair involvement in human rights violations by third parties. Furthermore, HFR will continue to improve its human rights policies by reflecting domestic and international trends.