Ethical Corporate Management

Spirox engages in business activities based on the principles of fairness, honesty, trustworthiness, and transparency. To implement ethical corporate management and prevent dishonest behavior, Spirox follows the “Corporate Governance Best Practices” and “Ethical Corporate Management Best Practice Principles for TWSE/GTSM Listed Companies" where the "Spirox (and its affiliated enterprises) Procedures for Ethical Management and Principles" are stipulated by the relevant laws and regulations of the places where Spirox, Spirox Group, and organizations operate. This document provides specific guidelines on matters that company personnel should be mindful of when carrying out their duties. Spirox designates the Operations Division as the responsible department, which is primarily responsible for the following matters and should report to the Board of Directors on a regular basis (at least once a year).

 

1. Assist in integrating integrity and ethical values into the Spirox’s business strategy and collaborate with legal systems to establish measures that ensure ethical corporate management.

2. Regularly analyze and assess the risk of dishonest behavior within business operations and use this analysis to develop plans for preventing dishonest behavior. Within each plan, develop related standard operating procedures and Principles for conducting business.

3. Plan the internal organization, structure, and responsibilities, and establish mechanisms of mutual supervision and checks for business activities within a higher risk of dishonest behavior.

4. Promotion and coordination of ethical corporate management principles.

5. Plan a whistleblowing mechanism to ensure its effectiveness.

6. Assist the Board of Directors and management in auditing and evaluating the effectiveness of the preventive measures established for implementing ethical corporate management Principles and regularly generate reports from assessing the compliance with relevant business processes.

7. Create and properly maintain documentation of ethical corporate management and its compliance statements, implementation commitments, and execution status.