Recognizing the current need for ethics management, hereby declare our intent to create a transparent and clean corporate culture that performs work in ethical and lawful ways, establishes fair trade, and fulfills all social responsibillities.

Therefore, SK Hynix will enact ethical principles as the criteria for the correct. Behavior and walues that emplovees should out into practice.

1. Respect for Customers

With an attitude of faith and sincerity, we respect the opinions of our customers, and regard customers as the top priority in all management activities and behaviors.

2. Creation of Value for Customers

1) We always strive to find true value through innovation and creation.

2) We do our best for customer satisfaction by supplying products in a timely manner, developing technology, and improving quality.

3. Protection of Customers

1) We do not disclose any information of our customers to any third party without their consent, and we protect the property and reputation of our customers.

2) We provide our customers open access to any information that they should know or be told,in order to enable our customers to make reasonable judgments.

1. Protection of Profits

We do our best to protect the profits of stockholders and investors, through constant growth and development.

2. Guarantee of Rights

1) Stockholders’ rights (right to know, fair request and suggestions, etc.) are positively considered in our  approach to management.

2) We offer credible information regarding management to stockholders and investors, sincerely and in a timely  manner.

1. Respect for Employees

1) We support the human rights of our employees within all of our workplaces around the globe, and strive to  promote diversity.

2) We strive to offer a balanced life to employees, and improve the quality-of-life of our employees and their  families.

3) We create a healthy work environment, with which employees can engage positively.

4) We do our best to support and protect ‘whistle-blowers’.

2. Fair Treatment

1) We offer equal opportunities to all employees for education, transfer and promotion.

2) We offer equal opportunities based on abilities and outcomes, assessing employees using fair criteria and rewarding them suitably.

3. Promotion of Creativity

1) We encourage employees to express themselves freely, which helps in the cultivation of ideas and suggestions.

2) Through knowledge-based creative management, we create an environment in which employees can work  with an awareness of change and challenge.

4. Development of Human Resources

1) We support employees in the development of their abilities, and nurture human resources with a long-term viewpoint.

2) We offer positions to employees in consideration of their aptitudes and abilities, and provide opportunities for growth through continuous education.

1. Basic Employee Ethics

1) Employees are proud to be members of our company, and strive to realize the ‘3C values’: 3C (Challenge, Creation, Collaboration).

2) With a high sense of ethical values, employees strive to maintain their integrity and the Company’s honor.

3) Employees are strictly punished in the event of any violation of regulations related to the company or ethics, and are obliged to report any illegal activities by following the appropriate procedures.

4) Employees strive to achieve better performance and work efficiency through cooperation and communication between the relevant departments.

2. Fairness in Performance

1) Employees fully understand the regulations related to the company and ethics, and show the best performance possible.

2) Employees are clearly aware of their rights and obligations as described in the company’s policy, do their jobs based on these and are responsible for the outcome.

3) In performing their jobs, employees should neither accept nor provide any type of financial benefits.

4) In performing their jobs, employees should avoid any individual transactions that are in conflict with the company’s interests, and when a conflict is unavoidable, the company’s interests should be considered first, as long as this does not violate ethical standards.

3. Self-Development

In this globalized society, employees are seeking ways to develop themselves through in-depth knowledge and skill.

4. Ethics among employees

1) Employees help each other, to foster a cooperative and comfortable work environment through basic etiquette.

2) Any partisanship or discrimination relating to university attended, gender, religion, ancestry, national origin, etc., is strictly forbidden.

3) To observe the relevant laws and regulations, employees are committed to helping and monitoring each other.

4) All unjust financial requests, financial transactions, and individual financial gifts are prohibited. However, small gifts may be given for birthdays, promotions, and other special occasions.

5) Employees must follow the instructions of their superior as well as they can. Exercising veto shall be secured over any unjust or illegal instruction of their superior, and if this is not corrected later on, they shall follow the designated reporting procedure.

6) Adhering to preventive regulations, employees must avoid any behavior that could be perceived as sexual harassment.

5. Preservation of Company Properties and Confidential Information

1) Prohibition of Personal use of Company assets
    -Employees are required to use their working hours and company asset for business purposes only.

2) Prohibition of the Use of Undisclosed Information
    -Exploiting internal information when buying or selling stocks of the company, or when advising others in the trading of such stocks, is strictly forbidden.

3) Preservation of Confidential Information
    - Undisclosed information (relating to R&D, Sales, Finance, Personnel, etc.) should not be revealed outside the company or to any 3rd party, even after employment termination.
    - Employees should protect the company’s assets in all forms, including intellectual properties.

6. Safety and the Prevention of Danger

1) Employees are responsible for the safety of the company, and must do their utmost to prevent accidents  when working.

2) In any emergency, a full-scale recovery effort should be made, with an immediate reporting procedure.

3) Safety rules should firmly be observed in the workplace.

1. Free Competition

We respect the rules of fair competition, and compete with our competitors in the quality of our products and services.

2. Observance of Rules

1) In all of our business activities, we respect the customs and regulations of the countries concerned.

2) We continuously make efforts to help employees to observe the rules in the operation of the Compliance Program.

3. Partner Company

1) Equal opportunity
    -We provide all qualified partner companies with fair opportunity.

2) Fair trade
    -All business trades are made fairly and transparently, and the terms and procedures of trades are adequately  discussed.

3) Mutual development
   -We support our partners in the development of a long-term competitive edge, through technological assistance and business collaboration.

1. Responsibility for Country

We play the roles of a provider of employment, a provider of quality products and services, and a sincere tax payer.

2. Contribution to Society

1) We sincerely take part in contributing to our local community, and are devoted to local development.

2) We encourage employees to participate in social work.

3) We are receptive to the opinions of the public, and take our social responsibility seriously as a corporate citizen.

3. Prohibition of Political activities

1) Political activities, including any illegal gifts to political entities, are generally prohibited in work area.
    However, we as a company can express our opinion regarding any legislation or policy relating to company  interests.

2) The right of individuals to vote should be secured, but personal opinions should be carefully presented,  so as not to be misunderstood as an opinion representing the company.

4. Eco-friendly management

1) We do our best to observe internationally environmental rules, and maintain clean operations.

2) We make efforts to enhance the development and expansion of eco-friendly technology.

3) We are deeply aware of the problems that are expected to stem from global warming, and are stepping  forward to prevent pollution and to protect the environment.

Chapter 1 (Effective Date)

1. Enacted as of June 1, 2000

2. Revised as of August 1, 2001

3. Revised as of May 1, 2003

4. Revised as of February 5, 2008

5. Revised as of June 1, 2009

Chapter 2 (Practicing Rules)

Details that employees should observe regarding Code of Conduct are described in the practicing rules, such as the “Employee Guidance Rule”, “Use of Company Assets”, “Regulation Indication System”, “Ethics & Compliance Guide”, “Whistle Blowing”

Chapter 3 (HR Assessment, Reward, Punishment)

Any achievement or violation of the Code of Conduct will be reflected in HR procedures, such as personal assessments, rewards, or disciplinary measures.

Chapter 4 (Advice)

When employees have any questions regarding the Code of Conduct and other practicing rules, the Ethics Management Team should advise them of the designated procedure.

Chapter 5 (Interpretation)

The authority to interpret the Code of Conduct and other practicing rules belongs to the Ethics Management Team.

Chapter 6 (Priority)

The Code of Conduct, including its practicing rules, shall have priority over any other corporate regulations