Page 54 - SCG Code of Conduct

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9.2
Transactions between SCG and External Parties
Principle
Transactions with external parties must strictly comply with guidelines and procedure as specified by laws and regulations issued by state agencies as well as SCG’s policy and delegation of authority. Moreover, it must comply with the conditions agreed upon straightforwardly, transparently and traceably. Avoid transactions that may cause trouble or damage to SCG or external parties.
Guidelines
1. Employees should study to understand and comply with policy and guidelines towards stakeholders.
2. Strictlyfollowtheproceduressetforthintheprocurementandpurchasingregulations of SCG. The priority in procurement should be given to legal entities rather than individual person, except in cases where special expertise is required from particular individuals or where the benefits of SCG demand it.
3. Each transaction should take into consideration market values and prices, together with quality and services rendered. There should be neither bias nor any obstruction in doing business by means that are immoral or illegal.
4. AvoidtransactionsthatmayhavesocialandenvironmentalimpactsordefameSCG, although such transactions may create business benefits.
5. SCG forbids using the name of SCG, its Board of Directors, management, or any employee in conducting any transaction not related to SCG, even if it has no direct impact on SCG.