KOGAS employees should be fully cooperative toward their colleagues and other departments and teams, and should assign prime importance to others’work and requests. KOGAS employees should put the interest of the company before their own whenthe two conflict. KOGAS employees should be honest and accurate at all times when reporting, and should not knowingly change or omit contents in a report. KOGAS employees should not use information, technologies and patents obtained in the course of conducting business for personal gains or disclose such information, technologies and patents to an interested party. KOGAS employees should not use tangible assets and corporate funds without prior approval. Superiors should lead by example and make reasonable requests to their subordinates. Subordinates should be voluntary and creative in performing their workplace duties. Position titles should be used when addressing other workers, and all conversations in the workplace must be based on mutual respect. Gatherings and connections based on school or regional background should be avoided to prevent factionalism. No monetary transaction is allowed among KOGAS employees. Examples include loans, joint debt guaranty and cross payment guaranty. No giving or receiving of presents, floral wreathes, etc. is allowed among KOGAS employees. However, an exception is made when a superior gives a present to a subordinate or when members of a team or a department exchange presents of equivalent monetary value.

Business with interested parties should be conducted at the office or public open location. Strong efforts should be made to avoid meeting interested parties after business hours. KOGAS employees should not take advantage of their bargaining power in dealing with interested parties. Information needed for closing deals and results of and progress data on transactions should be disclosed in a timely and fair manner according to set procedures. Wining and dining with interested parties are not allowed. However, an exception is made for meals and favors received from others that are acceptable in light of general business practices. KOGAS employees should not notify interested parties of dates of family occasions, such as wedding and funeral, or take flowers or money for such occasions. If the amount of money received from a person in relation to any such family occasion exceeds KRW100,000, a report should be filed voluntarily. KOGAS employees should not have an interested party pay for overseas business trips and training expenses either directly or indirectly. Fairness should be sought through rational and predictable personnel management that considers individual ability and equity appropriately. Neither school/regional background nor seniority is considered for personnel management, job training, etc. KOGAS employees will be provided with more and better long- and short-term training opportunities so they can properly develop themselves and thus hone their professional skills. KOGAS will seek and implement ways to help employees from different levels of the hierarchy to different departments or teams communicate better.

The labor and the management shall respect each other and resolve problems through dialogue and compromise. When it comes to operational decision-making, the highest priority should be the safe and stable supply of natural gas. The value of the company should be maximized through endless pursuit of innovation and growth, aggressive IR campaign and adequate dividend payout. All accounting transactions should be handled according to set principles, and no intentional or arbitrary adjustment is allowed for, say, tinkering with profit amounts. Reasonable customer requests, inquiries or complaints should be handled in one day. If not possible, at least a solution should be notified to the customer. All materials for disclosing results of company operation should be updated based on latest data at the end of each month. Applicable environmental laws and regulations should be strictly adhered to in pursuing construction/manufacturing of LNG bases and main pipes and maintaining equipment and facilities for product supply. KOGAS employees should participate in sound volunteer social service programs and the company should support their such endeavor. Environment-friendly activities and programs should be vigorously developed and implemented so as to help maintain the company’s image as a clean energy supplier. KOGAS should fulfill its tax-payment and job-creation obligations through sound business activities.