SK hynix respects human dignity and value of our employees that belong to all our business sites or suppliers. Based on humanism, we do our best to maintain or improve on a good work environment where every employee can pursue happiness. To achieve this, we will comply with the labor relations regulations and customer demands in the country or region where our business sites are located and improve on aspects deemed necessary. In addition, SK hynix declares that this policy is a basic obligation which all employees and employees of all our business dealings must comply with.

Specific Operational Guidelines

1. 01.Respect human rights

   All employees are respected as humans. All acts that violate human rights are to be prevented with the utmost effort.

2. 02.Freely chosen employment

   We will not force any work that goes against the free will of employees regarding mental or physical constraints such as forced, bonded (including debt bondage) labor, slavery or human trafficking to hire or maintain employment, and employees shall not be required to pay employers’ or agents’ recruitment fees or other related fees for their employment. SK hynix does not hold government-issued identification, passports or work permits to labor as a warrant for employment. In addition, employees have no restrictions in access to toilets, drinking water, rest facilities, outside medical facilities and entering plant/dorm. All suppliers including contractors or workforce providers engaged in business with SK hynix must comply with this policy.

1. 03.Prohibition of child labor

   We do not hire children under 15 (if the term “child” refers to any person under the age of 15, or under the minimum age based on country-determined, we comply with all laws and regulations in the country) and all suppliers that contract with SK hynix must comply with this rule as well. To do so, all business sites in Korea and abroad as well as suppliers must observe strict employment procedures including reviewing ages of newcomers and no child labor of any form will be tolerated.

2. 04.Young workers

   Employees under 18 years of age (includes students, interns, trainees and apprentices) are to be hired in compliance with the regulations of the relevant country and region. Also, employees under the age of 18 (Young Workers) shall not perform work that is likely to jeopardize their health or safety, including night shifts and overtime. Furthermore, the wages for a young employee should be identical to a new employee that conducts at least similar tasks.

1. 05.Work hours

   Regarding regular work hours and overtime, SK hynix complies with stricter standards than the global standard or regulations of labor relations in the relevant country. If overtime occurs, overtime pay is provided to the employee in accordance with the standards of the labor relations of the relevant country or area. Employees shall be allowed at least one day off every seven days. In addition, all suppliers trading with SK hynix are to comply with the same rule.

2. 06.Remuneration

   Remuneration for employees is to exceed the minimum level stipulated by the labor relations regulations of the relevant country or area.

1. 07.Prohibition of discrimination

   SK hynix prohibits unfair discrimination in employment based on gender, race, nationality, ethnicity, religion and other factors. The same goes for working conditions such as remuneration or promotions.

2. 08.Freedom of association

   SK hynix warrants employees the freedom of association and right of collective bargaining in compliance with the labor relations regulations of the relevant country or region. No disadvantages are imposed for reasons such as signing up for a labor union, acting in one or forming one as well.

1. 09.Responsible delivery of minerals

   SK hynix recognizes any violation of human rights or environmental pollution that occurs while extracting minerals as a major issue. In line with this recognition, we do not use any minerals directly or indirectly extracted from the Democratic Republic of the Congo or its neighboring countries such as 3TG or cobalt. To stay informed, we conduct fact-finding operations on the mineral’s origin and supply chain. We publicize our information from fact-finding to customers upon request.

2. 10.Protect information of stakeholders

   SK hynix conducts all business transactions in a transparent manner. To achieve this, we must conduct training regarding information protection such as ‘Contract to Prohibit Occupation Change’ or ‘Declaration to Protect Information’.