Sangmidang Holdings Hosts Conference to Promote Company-Wide Compliance Culture

Sangmidang Holdings is taking significant strides to embed a robust compliance culture throughout its organization, as evidenced by its recent 'Compliance Leadership Conference.' Held at the company's headquarters, the event brought together key leaders and employees from across its affiliated companies, underscoring a unified commitment to ethical business practices.

This initiative is particularly crucial as Sangmidang Holdings transitions to a holding company structure. The conference served as a vital platform to comprehensively assess the implementation and operation of fair trade voluntary compliance programs and compliance systems within each affiliate. The goal is to ensure effective and consistent adherence to legal and ethical standards across the entire group.

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Preventive risk management, enhanced transparency in decision-making, and the establishment of a compliance culture are very important tasks for responsible management. I will do my best to ensure that the company's compliance management system operates faithfully from an independent and objective perspective.

Under the leadership of Compliance Committee Chair Park Bo-young and CEO Do Se-ho, the company emphasized the importance of proactive risk management, enhanced decision-making transparency, and the establishment of a strong compliance culture. This focus on global standards, including the U.S. Department of Justice's 'Evaluation of Corporate Compliance Programs,' demonstrates Sangmidang Holdings' dedication to building a transparent and responsible corporate framework. The establishment of a dedicated 'Compliance' section on their website and a hotline further solidifies their commitment to open communication and accountability.

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To further strengthen transparent corporate structure and responsible management under the holding company system, a compliance system that meets global standards is paramount. I urge all employees to actively practice and act to spread a culture of compliance.