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Anti-bribery & anti-corruption

Dairen Chemical Corporation Anti-Bribery and Anti-Corruption Commitment

Since the establishment of Dairen Chemical Corporation, we have upheld integrity as our business value. With this core value, Dairen Chemical Corporation take neither injustice nor tolerance approach to combat the corruption and bribery behaviors in any forms enabling none try the lucks for violations to eliminate any kind of misbehaviors. This Commitment applied to the directors, managers, employees, consultants of all our subsidiaries and affiliates as well as all partners conducting business with Dairen Chemical Corporation such as customers, agents, suppliers and contractors.

Dairen Chemical Corporation acknowledge and comply with the United Nations Convention against Corruption, World Economic Forum Partnering against Corruption Initiative (the “PACI”), US Foreign Corruption Practices Act (the “FCPA”) and UK Bribery Act 2010 as well as relevant laws, decrees and all other business customs in Taiwan. As such, we clearly stipulate our honest business practices in details by publishing and effecting DCC Code of Conduct (the “CoC”) and associated procedures with the training allowing all our directors, managers, employees, consultants and business partners fully understood to abide by. Meanwhile, we are committed to our internal enforcement and effectiveness for follows:

Prohibiting to give and receive bribery

All directors, managers, employees, consultants and business partners of Dairen Chemical Corporation prohibited from promising, offering, giving or receiving any improper benefits to the customers, agents, contractors, suppliers, officials and all other stakeholders directly or indirectly in any forms.

Prohibiting any illegal political and charitable contributions or sponsors

All directors, managers, employees, consultants and business partners of Dairen Chemical Corporation must fully comply with the political contributions regulations for making the donations or sponsors to the political party and organization directly or indirectly.

Any charitable contribution made from the assets or resources of Dairen Chemical Corporation must be in compliance with all regulatory laws and requires the pre-approval of the management team. Any equivalents of bribery are extremely prohibited.

Prohibiting the unreasonable business courtesies, entertainments and all improper benefits

All directors, managers, employees, consultants and business partners of Dairen Chemical Corporation prohibited to give or receive any unreasonable business courtesies, entertainments and improper benefits particularly the money or anything of value such as the gift card or monetary vouchers to retain the business relationship or influence the business cond