Lotte Chilsung Beverage Co., Ltd. declares that it has established and will observe standards and guidelines for all employees to prohibit bribery and gift-taking in order to achieve the Group's mission of 『We enrich people’s lives by providing superior products and services that our customers love and trust.』

1. obJecttive

This policy is designed for all members of our company (including the CEO, employees, and board of directors) to comply with and adhere to anti-bribery laws and regulations, both domestic and international, as well as our internal rules. The goal is to meet the anti-bribery requirements of our business partners, suppliers, customers, or any other interested parties ("stakeholders") and to build trust with them and the community at large.

2. Prohibition of Corrupt Acts

The company does not tolerate any form of bribery or corruption from its employees or any other related party. This includes, but is not limited to, the acceptance of money, gifts, favors, or any other form of compensation from clients, vendors, or any other third party.

3. Compliance with Relevant Laws and Regulations

All members of the company must comply with applicable anti-corruption laws and regulations when performing their duties, including but not limited to:

• ◾ The Criminal Act of Korea;
• ◾ Act on the Aggravated Punishment of Specific Crimes;
• ◾ The Act on Combating Bribery of Foreign Public Officials in International Business Transactions;
• ◾ The Improper Solicitation and Graft Act, as well as international anti-corruption laws such as the U.S. Foreign Corrupt Practices Act (FCPA); and
• ◾ The U.K. Bribery Act;
• ◾ Additionally, they should be familiar with and abide by the company’s internal rules and regulations regarding corruption prevention.

4. All Employees’ Contribution to Goal Attainment

Every employee of the company is expected to understand, commit to, and fully enforce this code of conduct and the overall anti-corruption management system. By doing so, they help minimize corruption-related risks and contribute to the achievement of the company’s obJecttives.

5. Anti-Corruption and Bribery Prevention Execution and Improvement:

The company minimizes the risk of bribery and corruption by appointing an anti-corruption compliance officer and operating an anti-corruption management system, which it continuously improves.

6. Powers and Duties of the Anti-Corruption Compliance Officer:

The anti-corruption compliance officer is granted independent responsibility and authority to prevent bribery and minimize corruption risk. They have the duty to advise on and oversee issues related to the company's anti-bribery management system.

7. Whistleblower Protection and Confidentiality:

The company protects those who report instances of bribery and corruption, ensuring their personal information remains confidential. It also ensures that these individuals do not face negative consequences such as adverse evaluations, changes in assignment, or economic penalties as a result of their reports.

8. Action for Non-Compliance with Anti-Corruption Policy:

If any member of the company violates this policy or relevant laws, or if a violation is discovered and not addressed appropriately, the company may impose disciplinary measures as outlined in its regulations.

9. Preamble:

This policy takes effect on the date of implementation and any additions or modifications will be communicated through internal notification ten days prior to their effective date.