At GEPIL we are not just concerned about doing business, but also on how we manage our business processes to create a positive impact on society. We believe that businesses that succeed economically are also ones that behave responsibly. We strive for excellence in our corporate governance practices, evaluate our processes and implement procedures designed to maintain ethical governance and operation standards. In doing so, we manage the group according to the highest principles of responsibility and integrity.

Being present in a number of geographical locations across the country we operate in different varied social, economic
and environmental conditions. We consistently keep these factors in mind and make efforts to maintain a symbiosis
with our surroundings.

The following is a list of corporate ethics that represent our core behaviors and beliefs. These ensure that the group companies will continue to earn the public trust as companies of benefit to society and thereby continue to prosper.

1. Striving for Products and Services of the Best Quality We will strive to provide our customers with satisfying products and services of the highest quality.

2. Respect for Relationship with Customers We will respect our relationships with our customers, including investors, customers, consumers, vendors, suppliers, local communities and employees, and will strive to maintain relationships that are both appropriate and friendly.

3. Fair, Transparent and Free Competition We will engage in fair, transparent and free competition in the market and will maintain sound and appropriate business relationships with our competitors.

4. Positive Approach to Safety and Environmental Matters Based upon our understanding that addressing safety and environmental issues is critical to our corporate existence and activities, we will make safety our goal and strive actively to protect the environment.