inno.N

Article 1 [Purpose]
The purpose of the Human Rights Policy Guidelines (the “Guidelines”) is to set forth matters required for establishment and implementation of policies on the protection and promotion of human rights of stakeholders including executives and employees of HK inno.N (the “Company”) and other related necessary matters.

Article 2 [Terms and Definitions]
The definitions of the terms used in this policy are as follows:

• The term "human right" refers to any of human dignity and worth, liberty and rights which are protected by the Constitution of the Republic of Korea and statutes, and recognized by international human rights treaties that the Republic of Korea signed and ratified and by international customary laws.
• The term “executives and employees” refers to executives and employees of HK inno.N, regardless of the type of employment contract, such as permanent or temporary positions.
• The term “human rights management” refers to preventing violation of human rights by HK inno.N and practice business operations and management under protection and promotion of human rights. The term indicates that HK inno.N operates human rights policy, fulfill Human Rights Due Diligence, and provides grievance procedures for victims of human rights violations.
• The term "suppliers" refers to entities that have a business relationship with HK inno.N in relation to management activities, such as domestic and foreign subsidiaries, mutual investment companies, supply chain trading companies, and client companies.
• ‘The term “stakeholder” refers to those related to the business and management activities of HK inno.N, and includes all entities or individuals in relationship with the Company such as customers, suppliers, and local residents.
• The term “reporter” refers to a person who is a victim of a human rights violation or an executive or employee, other persons, or entities who are aware of a human rights risk and reports a case of human rights violation to a grievance channel for reporting violation of human rights.

Article 3 [Scope]
The scope of application for the Guidelines is as follows:

• The scope of human rights policy in the Guidelines includes executives and employees in domestic and foreign subsidiaries of HK inno.N.
• HK inno.N shall comply with the Guidelines in the process of business operations with suppliers, and recommend compliance with the human rights policy described in the Guidelines to all stakeholders in business relationships.
• If the matters stated or covered in the Guidelines contradict with local laws or regulations, the local laws and regulations shall take precedence. Provided, however, that the Guidelines may be revised and used to reflect the laws and industry characteristics required in the applicable state, and if necessary, a detailed policy specific to the locality may be established.
• All executives and employees of HK inno.N shall perform their business operations in accordance with the Guidelines, except for cases where there are special provisions in the laws of the applicable state, or in the Articles of Incorporation or bylaws/rules of the applicable organization of the Company.

Article 4 [Prohibition against Discrimination]
HK inno.N shall establish an organizational culture that respects the diversity of all executives and employees and prohibits discrimination without a reasonable reason against anyone in overall business activities on the grounds of gender, race, religion, disability, age, place of birth, political opinion, and social status of all executives and employees.

Article 5 [Working Conditions]

• HK inno.N observes the statutory work hours for the applicable country where it engages in business and it pays all executives and employees reasonable wages for the work and provides the pay slips/wage statements.
• HK inno.N provides a work environment adequate for undertaking work duties and sufficient opportunity of education/training for capacity-building and improvement of the quality of life for all executives and employees.

Article 6 [Humane Treatment]
HK inno.N respects the privacy of executives and employees, provides full protection of personal information, and an environment free from mental or physical abuse or harassment, or inappropriate treatment of any executive or employee.

Article 7 [Freedom of Association and Collective Bargaining]
HK inno.N respects and observes the labor relations laws of the country where the Human Rights Policy is applied, and provides sufficient opportunity for communication with all executives and employees in relation to working conditions.

Article 8 [Prohibition of Forced Labor and Child Labor]

• HK inno.N does not coerce any work against the free will of any executive or employee, and even without a directly used forced labor, HK inno.N does not obtain any business benefit from forced labor.
• Child labor is prohibited in principle, and HK inno.N carries out measures to ensure educational opportunities and safety for minors.

Article 9 [Safety and Health in Work Environment]

• HK inno.N provides a safe and hygienic working environment for executives and employees, and provides separate protective equipment and safety education in case the executives and employees work in dangerous working environments.
• HK inno.N quickly provides measures such as appropriate compensation for accidents or diseases that occur at workplaces.

Article 10 [Responsible Supply Chain Management]
HK inno.N treats suppliers fairly for responsible supply chain management and encourages all suppliers to practice human rights management.

Article 11 [Human Rights Protection for Local Residents]
All executives and employees of affiliates of HK Kolmar take caution not to cause violations of human rights of the local residents in their business operations. In particular, the rights to safety and health for local residents, and freedom of residence shall be protected.

Article 12 [Protection of Environmental Rights]

• HK inno.N shall comply with domestic and international environmental laws and regulations, and endeavor to protect the environment and prevent pollution.
• HK inno.N encourages all suppliers to pursue environmentally friendly business management.

Article 13 [Protection of Customer Human Rights]
All executives and employees of HK inno.N must make it their highest priority to protect the life, health, and property of customers in provision of products and services, and must make their utmost endeavors to protect the personal information collected from business and management activities.

Article 14 [Declaration of Human Rights Management Policy]
HK inno.N declares the Human Rights Management Policy to protect and uphold human dignity and values in all business operations and management activities, and executives and employees shall practice the Guideline as the code of conduct and evaluation standards for human rights management.

Article 15 [Education and Training of Human Rights Management Education]
HK inno.N shall undertake company-wide human rights management education/training in order to promote the understanding of human rights of executives and employees and improvement in their awareness on human rights management, as well as to communicate the directions and goals of human rights management. Through the human rights management education/training, discrimination or harassment among executives/employees are prevented and active reporting of detected cases and risks of human rights violations is promoted.

Article 16 [Human Rights Impact Assessment]

• HK inno.N conducts a human rights impact assessment to identify and prevent actual and potential human rights risks that the company's management activities may pose to human rights in advance.
• In principle, HK inno.N's human rights impact assessment shall be conducted once a year. However, the numbers of execution may be changed if necessary.
• HK inno.N shall disclose information on human rights impact assessment results, risk reduction and mitigation measures using a method that is accessible to executives, employees and stakeholders, such as the Sustainability Report.

Article 17 [Reporting and Reception of Violations of Human Rights]

• HK inno.N shall operate a channel to receive the report on human rights violation cases, and the reporters are not limited to the person(s) who were victims of the incident but include executives and employees or other persons or entities who are aware of the risk of human rights violation.
• Upon receiving a report of a human rights violation case, the responsible departments and others shall consider the characteristics of the individual case in discussion of specific measures for remedy.

Article 18 [Handling and Processing of Reports on Human Rights Violations]

• HK inno.N shall, by referring to laws and regulations, court precedents, guidelines of relevant competent agencies, in-house practice of handling such cases of human rights violations, and other industrial practices, strive to identify the best course of remedial actions with support from the legal department.
• In the event that the case of human rights violations poses significant restrictions on the freedom and the rights of victims or it is highly likely to generate risks to the corporate reputation, the remedial measures may be discussed at a committee, management meeting, working group meetings, etc. with participation of the highest level of decision makers in the Company.

Article 19 [Guaranteeing Status of Reporters]

• All executives and employees of HK inno.N shall not disclose, reveal or otherwise report any personally identifiable information that may lead to identifying a reporter of the human rights violation case (the “Reporter”).
• In the entire process from the reporting, registration, processing, to notification of the results, all information that may lead to identification of the Reporter such as the identity of the victim, the details of the incident, date of reporting and results of the process must be kept strictly confidential.
• In addition, HK inno.N shall take necessary measures to protect the Reporter from any unfavorable/adverse consequences arising from reporting of the human rights violation case.

Article 20 [Grievance Channel to Report Violation of Human Rights]

HK inno.N's Grievance channel to report violation of human rights is as follows.

[Grievance Channel to Report Violation of Human Rights]
Department: HK inno.N HR team
Channel: Better Kolmar in V-GMP

Article 21 [Need for amendment]
HK inno.N shall revise this policy in accordance with the changed circumstances if the need for revising this policy is acknowledged due to amendments to related laws, etc. or changes in company conditions.

Article 22 [Revision Procedure]
If it is deemed necessary to revise some of this policy due to amendments to related laws, etc. or changes in company conditions, it may be revised after being reported to and approved by the company's CEO.
However, in the case of a full revision, it shall be revised after being reported to and approved by the board of directors.

Article 1 [Effective Date]

• This policy entered into force as of November 1, 2021
• This policy entered into force as of May 22, 2024.

Article 2 [Relationship with Other Regulations]
In case of enactment or revision of other regulations related to the human rights of stakeholders including executives and employees, or establishment of related systems and policies, they shall be in accordance with the Guidelines.