Business Ethics and Code of Conduct

Ethics and integrity have always been the most important core value of ASUS Group corporate culture. We embody the five virtues "humility, integrity, diligence, agility, and courage" to be the social and personal consensus of our people, as well as to meet one of ASUS' business philosophies "Commit to integrity and diligence; focus on fundamentals and results".

ASUS formulated the "Employee Code of Conduct" based on the Code of Conduct by the Responsible Business Alliance (RBA, formally known as the Electronic Industry Citizenship Coalition, EICC) and "Corporate Governance Best Practice Principles for TWSE/GTSM Listed Companies." The Employee Code of Conduct includes but is not limited to corruption and bribery, insider trading, intellectual property rights, and the proper preservation and disclosure of information. We created the online Employee Code of Conduct course, which is mandatory for all employees and translated into various languages; new employees need to complete the course within their first month. Furthermore, we retrain our employees annually as well as provide an “Unfair Competition and Bribery” card to strengthen their principles, hoping they will demonstrate high ethical standards in their actions. Questions regarding the contents of the code and its legality can be directed to the legal department for interpretations. In addition, ASUS formulates "Work Rule” that all employees shall abide during the terms of their services.

 

ASUS Employee Code of Conduct(F2-030 Rev. 7)

Work Rule-Service Rules(Rev. 8) is the latest version released in 2019.

ASUS has always engaged in all business activities with honesty and forbids corruption and any form of fraud. With a system of rewards and punishments, we make sure that employees do not accept any type of fraud regarding demands, contract, bribery, or any other improper benefits. Should anyone discover a potential violation of the Employee Code of Conduct of ASUS employees, a report can be made to us through our public mailbox, audit@asus.com. We will provide protection for the whistleblower from unfair and disrespectful treatment.

Bribery and Anti-Corruption Principle:

  1. ASUS employees must not offer or give bribes to public officials and must never engage in or facilitate corrupt practices in any pattern.
  2. ASUS employees must not contribute to illegal political donations, improper charitable donations, or improper sponsorship.
  3. These anti-corruption requirements are applicable to all agents and contractors of ASUS, including but not limited to, the contractors and consultants. It is ASUS’ policy that ASUS would cease engagement with those agents or contractors who was likely to bribe when dealing with ASUS’ affairs on behalf of ASUS.
  4. Giving a gift or entertainment, to public officials on behalf of ASUS shall be subject to Legal Affairs Center’s review.

In case of a violation of the Employee Code of Conduct, the employee will receive a penalty according to case scenarios and regulations. ASUS severely punishes incidents where regulations are violated, and the case will be reported to judicial units for investigation.

ASUS annually review the content of "Employee Code of Conduct" to ensure it is in line with our policies and government regulations.
All ASUS employees are required to take the "Employee Code of Conduct" training every year.
In the event of any breach of code of conduct is occured, we will announce the case at http://mops.twse.com.tw/mops/web/t05sr01_1.

In 2019, there were 2 violations of the Employee Code of Conduct in the ASUS group. The employee in each event was given warning or was dismissed according to the severity of the event classified in the internal “Work Rule” and “Employee Code of Conduct”. We reinforce the anti-bribery concept to our employees (including manufacturer cooperation notices, confidential information and Employee Code of Conduct), and prohibit any bribery for vendors, and the introduction and bargaining of vendors are conducted in accordance with the company's normal bargaining procedures.

We regularly promote the correct concept to internal and external distributors, request them to sign “Account Confirmation Letter” every year, as well as implementing irregular audits and proactively providing the reporting line and email to supervisors and distributors if necessary.

Regarding the business partners, ASUS requests them to sign the "Code of Conduct Compliance Declaration". ASUS will take necessary legal actions in accordance with the provisions of the conduct to partners who violate anti-bribery and anti-corruption policy and thus cause damages to the business.

Workplace Violence and Sexual Harassment Prevention Management Standard

ASUS formulates Illegitimate Invasion and Workplace Violence Management Standard(F2-047) and Sexual Harassment Prevention Management Standard (F2-031).
In the event of illegitimate invasion, employee could file a consultation and complaint through workplace violence and sexual harassment prevention hotline: 6666@asus.com. The Company will immediately start the investigation and processing mechanism upon receiving such complaints filed by the employee. The workplace violence and sexual harassment prevention hotline: 6666@asus.com is a confidential and private reporting channel.