Ethical Operation


Chapter 1. General Provisions

Article 1 (Purpose)

The purpose of this Code of Conduct is to specify how all members of Davo Industrial (“Company”) should act and what they should do in connection with their respective jobs in order to ensure that they fully comply with the matters stipulated in the Code of Conduct and that the Company’s business ethics are followed completely.

Article 2 (Definitions)

The terms used in this Code of Conduct are defined as follows:

  1. Money/Gift: Economic benefits arising in any form whatsoever, including money (e.g. cash, gift certificates, and memberships) and gifts.

  2. Entertainment: Meals, drinks, golf, tickets to performances, amusements, etc. and transportation and accommondation offered for any of the aforementioned

  3. Convenience: Transportation, accommodation, sight-seeing or any other forms of support related to the event organized or sponsored by the Company

  4. Interested Party : Other director and/or employee, customer, supplier, subsidiary, outsourcing partner of the Company, and any organization outside the Company whose rights or interests may be directly or indirectly affected by the manner or results in which the director or employee of the Company concerned performs his/her duties.

  5. Customarily Accepted Level (CA Level): The level that is deemed, in the opinion of other directors or employees of the Company, or by the public, to be generally acceptable or reasonable within common sense to the extent that the recipient concerned may perform his/her duties in a just and fair manner.