SeAH will endeavor to achieve fair, transparent, and responsible management, ultimately striving towards a sustainable development that earns trust and respect.

As a company primarily engaged in the steel pipe manufacturing business, SeAH Steel has implemented this Environmental Management Policy aimed at minimizing negative environmental impacts and facilitating an eco-friendly transition across all production activities and our value chain. This policy is pursued in collaboration with SeAH Steel’s employees, partners, customers, and local communities in support of our commitment to a sustainable future for the next generations.

SeAH Steel recognizes the importance of biodiversity conservation values under the ESG vision of “The Promise to Create a Beautiful World” for sustainable management activities. We establish and declare this policy to inspect and evaluate potential risks across all business activities and to conserve and protect biodiversity.

SeAH Steel has established this policy to define the green purchasing activities of our purchasing department and to minimize resource waste and environmental pollution, based on the ESG vision of “The Promise to Create a Beautiful World.” This policy promotes the preferential purchase of eco-friendly products with minimal environmental impact.

SeAH Steel implements this policy to prevent potential disasters across all aspects of our operations, including our supply chain, workplaces, distribution networks, and sales channels, while also ensuring a safe and healthy working environment that upholds the sustainable value of life. This policy has been established based on domestic and international laws and regulations concerning occupational safety and health management standards and guidelines, including ISO 45001.

The purpose of this policy is to prevent the occurrence of bullying, sexual harassment, and violence in the workplace by all employees of SeAH Steel and to determine matters necessary to take appropriate measures in the event of such acts. We comply with the workplace related laws on workplace bullying, sexual harassment, and violence such as Equal Employment Opportunity and Work-Family Balance Assistance Act, Labor Standards Act, Occupational Safety and Health Act, and Industrial Accident Compensation Insurance Act.

SeAH Steel engages in social contribution activities in alignment with our corporate value of making the world beautiful. These efforts reflect our commitment to mutual growth, creating positive social value, and fulfilling our social responsibilities. Specifically, all donations and sponsorships provided by SeAH Steel must be carried out in an ethical manner, aligned with the corporate values and in pursuit of sustainable growth. We also aim to grow together with local communities and contribute positively to our development. This policy applies to all employees of SeAH Steel across all countries and regions, as well as to all donations, sponsorships and community-related activities undertaken by SeAH Steel.

SeAH Steel reaffirms our commitment to responsible mineral sourcing and provides clear principles and actionable measures to uphold this commitment throughout the supply chain. The purpose of this policy is to establish fundamental principles and implementation measures to ensure that minerals extracted in accordance with internationally recognized standards for human rights and environmental protection are used. This policy is in compliance with the global regulations related to conflict and responsible minerals, including the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, the Dodd-Frank Act in the U.S., and the EU Conflict Minerals Regulation.

SeAH Steel recognizes that the Board of Directors, as our highest decision-making body, plays a vital role in maximizing the interests of our company and shareholders, while also contributing to social development. In this regard, we place great importance on maintaining both diversity and independence within the Board to ensure effective governance. Accordingly, the purpose of this policy is to establish a Board composed of outside directors with diverse backgrounds and expertise and to maintain the independence necessary for efficient and transparent decision-making on key matters. This policy applies to all members of SeAH Steel’s Board of Directors and to all procedures and policies related to Board composition.