SK D&D strictly adheres to laws and regulations to uphold corporate ethics and ensure transparency and fairness in business operations. To this end, the company operates an Audit Committee under the Board of Directors, along with a Chief Compliance Officer and a Compliance Support Organization (Legal/SCM Department).

The Audit Committee not only oversees the company’s accounting and financial audits but also supports compliance with corporate law by enhancing the legality and appropriateness of directors’ and management’s duties. The Chief Compliance Officer continuously monitors legal risks arising from business activities and operations, providing review opinions on adherence to compliance control standards to the Board of Directors. The Compliance Support Organization, comprising the Legal and SCM Departments, supports overall compliance activities through internal process audits, manages business and investment-related risks, reviews inter-affiliate transactions, and contributes to improving corporate governance.

SK D&D has established internal accounting control regulations and operates an internal accounting control system to enhance the reliability of its financial statements by ensuring compliance with laws related to financial disclosures. The Internal Accounting Control Officer, appointed as an executive with expertise in accounting or internal controls, oversees the design and operation of the system and assesses its effectiveness. This officer reports directly to the Board of Directors and the Audit Committee. The Audit Committee evaluates the operational status of the internal accounting control system and reports its findings to the Board of Directors. The CEO holds ultimate responsibility for managing and operating the internal accounting control system and reports the results to the General Meeting of Shareholders, the Board of Directors, and the Audit Committee. Detailed regulations and operational results are publicly disclosed through the electronic disclosure system (DART) and the company’s website via business reports and internal accounting control system reports.

SK D&D has adopted and implemented the four major fair trade guidelines recommended by the Fair Trade Commission to establish reasonable and fair trading practices with its partners. These guidelines consist of the establishment and operation of an internal review committee, contract execution, issuance and retention of written documents, and the selection and management of partners. Through the Legal/SCM Department, SK D&D ensures compliance with these four guidelines by conducting fair partner selection and contract management. The company also autonomously monitors adherence to fair trade laws and regulations to proactively prevent any unfair trade practices with its partners.

Guidelines for the Establishment and Operation of the Internal Screening Committee

Guidelines for Sound Contract Practices

Guidelines for Issuance and Retention of Documents

Guidelines for Vendor Selection and Management