CODE OF ETHICS

PREAMBLE

 

TAISEN Entertainment (the “Company”) utilizes Music and Technology to continuously create the best contents, thereby spreading Philippine culture to the world and enriching people's lives.

 

Accordingly, the Company enacts and commits to conform to this code of ethics (the “Code’) as a standard of behavior and judgment of value that all members must follow to create a sound and fair group culture.

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Chapter 1 General Provisions

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Article 1 (Purpose)

The purpose of this Code is to enhance the ethical awareness of members by defining all matters related to ethical practice, thereby promoting the growth and development of the Company.

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Article 2 (Application)

• ① This Code applies to all channel activities and all related activities of the employees.

• ② The Company's various rules related to this Code must conform to this Code.

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Article 3 (Enactment and Revision)

In order to enact and revise this Code, the resolution of the Board of Directors is required.

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Chapter 2 Attitude towards Partners and Investors

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Article 4 (Equal Treatment)

The Company shall treat all partners, including minority partners, fairly and equally, and make management decisions in consideration of the interests of all partners so that the interests or rights of minority partners are not unfairly infringed.

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Article 5 (Provision of Information)

The Company shall timely provide management information such as financial status and business performance in accordance with relevant laws and regulations, so that information users, such as investors, can make reasonable investment decisions.

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Chapter 3 Attitude towards Customers

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Article 6 (Respect for Customers)

The Channel shall actively refer to the customer's perspective and strive to realize customer satisfaction by providing reliable content and services, and shall not over-advertise.

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Article 7 (Customer Protection)

The Channel shall protect the legitimate interests of customers and information about customers, and shall not act unfairly to customers.

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Chapter 4 Attitude towards Business Partners and, Etc.

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Article 8 (Fair Competition)

The Company respects the fair and free market economy and shall compete fairly with other companies.

 

Article 9 (Fair Trade)

• ① The Company shall pursue joint development by establishing mutual trust and partnerships through fair trade with business partners.

• ② The Company shall not impose unfair acts or exert influence over its business partners.

 

Chapter 5 Social Responsibility

 

Article 10 (Environmental Protection)
The Companyshall strive to save energy and materials, and preserve nature and a clean environment.

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Chapter 6 Responsibility for Employees

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Article 11 (Fair Treatment)

• ① The Company shall not discriminate against employees unfairly and shall give fair opportunities according to their abilities and qualities.

• ② The Company shall prepare evaluation standards for employees' abilities and achievements, and evaluate and compensate them fairly.

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Article 12 (Working Environment)

• ① The Company shall strive to create a healthy and safe working environment for employees.

• ② The Channel shall respect the employees' independent personality, basic rights and privacy as individuals, and create an environment where members can freely make proposals and suggestions to the Company.

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Chapter 7 Basic Ethics of Employees

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Article 13 (Performance)

Employees understand the goals and values pursued by the Company and shall perform their duties to the best of their ability in a legitimate manner, and comply with all laws and Company regulations related to their work.

 

Article 14 (Protection of Company Property)

Members shall protect the Company's tangible and intangible assets, intellectual property rights, and trade secrets, and members shall not use them for personal purposes such as for former work or personal business.

 

Article 15 (Prohibition of Conflict of Interest)

Members shall strive to avoid conflicts or conflicts of interest with the Company, and if there is any conflict of interest between the Company and the department or individual, the Company's interests shall be given priority and acted upon.

 

Article 16 (Restrictions on Media and Political Engagement)

• ① The political rights and views of employees are respected, but each political view or political involvement should not be misunderstood as the Company’s.

• ② The employees shall not engage in political activities during working hours, and shall not use the Companl's organization, manpower, and property for political purposes.

• ③ Employees and artists shall not allow any interviews with any media personnel regardless of any topic to be discussed.

 

 

Article 17 (Prohibition of Sexual Harassment, Etc.)

Employees shall not engage in sexual harassment or harassment in the workplace, or use any other words that may harm other sound Company culture and peer relationships.

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Article 18 (Prohibition of Receiving Cash, Etc.)

• ① Employees shall not provide nor receive, financial gains, securities, real estate, or other tangible or intangible economic benefits to or from interested parties such as customers.

• ② Employees shall not provide nor receive gifts, entertainment, and so forth that are outside the range as recognized by related laws and social ideologies to or from interested parties such as customers.

 

 

Article 19 (Handling Violation)

• ① Employees shall report violations of this Code to the Company Operations Division, and any person who receives or processes such reports must maintain the confidentiality of the reporter.

• ② The reporter referred to in paragraph 1 shall not receive any disadvantage in personnel due to the fact of the report, and the reporter may take into account extenuation if he/she reports a violation related to himself/herself.

• ③ The Company shall take appropriate sanctions corresponding to the effectiveness and importance of the department or employees who have violated this Code.

 

Addendum

This Code shall become effective as of October 10, 2021.