Whistleblower Protection and Reward

Identity Confidentiality: The identity of the whistleblower is never disclosed without the consent of the whistleblower, and confidentiality is strictly protected Hankook Tire global - Whistleblower Protection and Reward

Whistleblower Protection

Identity Confidentiality: The identity of the whistleblower is never disclosed without the consent of the whistleblower, and confidentiality is strictly protected.

Prohibition on Seeking Out Whistleblower: Any individual attempting to find the whistleblower will be subject to severe disciplinary measures regardless of his/her intentions.

Disadvantageous Action Prohibition: No retaliatory actions or discrimination shall be imposed on the whistleblower due to his/her disclosure, and if any disadvantageous action is confirmed, such action shall be immediately redressed.

Exemption: If the whistleblower is confirmed to have been involved in the misconduct, disciplinary measures against the whistleblower shall be reduced through sufficient extenuating circumstances.

Whistleblower Reward

If grant of benefit can be calculated

Grant of benefit generated due to the whistleblower’s disclosure is considered as part of the reward calculation.

If grant of benefit can be calculated 테이블은 Benefit Amount별 Reward Provision Standard의 내용으로 구성되어 있습니다.
Benefit Amount Reward Provision Standard

Less than 50,000,000 KRW

10% of Benefit

50,000,000 – 100,000,000 KRW

5,000,000 KRW +
5% of Benefit exceeding 50,000,000 KRW

100,000,000 – 500,000,000 KRW

7,500,000 KRW +
1.25% of Benefit exceeding 100,000,000 KRW

500,000,000 – 1,000,000,000 KRW

12,500,000 KRW +
0.5% of Benefit exceeding 500,000,000 KRW

Greater than 1,000,000,000 KRW

15,000,000 KRW +
0.5% of Benefit exceeding 1,000,000,000

Maximum Reward : 20,000,000 KRW

If grant of benefit cannot be calculated

Reward is provided according to the penalty against the alleged wrongdoer.

If grant of benefit cannot be calculated 테이블은 Penalty별 Reward 내용으로 구성되어 있습니다.
Penalty Reward

Warning

500,000 KRW

Reprimand

1,000,000 KRW

Pay Cut

1,500,000 KRW

Suspension

2,000,000 KRW

Removal
from office

2,500,000 KRW

Whistleblower Protection

If the information is discovered to be false or if the information lacks evidence to confirm it to be true.

If the disclosure is already under investigation, disciplinary measures or terminated by an investigative authority or judicial authority.

If the disclosure is already made, under investigation by the Audit Team and related departments, under disciplinary measures, or already concluded.

If the disclosure is already made through the media.

If the disclosure is made by an anonymous source or an alias, resulting in the failure to identify the whistleblower.

If the disclosure is made by a member of the Audit Team.

If the reward is deemed inappropriate after a miscellaneous compensation and exemption review.

Reward Calculation Standard

“Grant of benefit” refers to cases where wrongful gain is returned to the Company’s property resulting in increase in profit or decrease in loss.

If the grant of benefit is temporary, calculate based on the total amount of the benefit, and if the grant of benefit is continued for a long period of time, calculate based on the annual amount of the year the disclosure is made.

If two or more individuals reported the same misconduct, the reward is divided evenly among the whistleblowers.

Wrongful gain amount additionally discovered during the Audit Team investigation is not included in the reward calculation.

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