CEO’s Message on Compliance Management

Dear Colleagues,

Since achieving No.1 leadership in Korea’s SRM market in 2015, Emro has continuously strived to transform itself into a global software company. Through your dedication and passion, we have built a strong foundation as an AI-driven global software company. I sincerely appreciate your continued dedication and professionalism.

Led by AI, information technology is advancing at an unprecedented pace compared to the past century. As we look toward accelerated growth amid this rapid transformation, we must also recognize and uphold the heightened social responsibilities that accompany such progress. Accordingly, we must proactively review and strictly comply with applicable domestic and international regulations related to the development and application of new technologies.

Beginning this year, we will establish a structured compliance operating framework, clearly defining the standards and procedures that must be followed in the course of business activities. We will also continue to implement education programs and internal campaigns to foster and strengthen a culture of compliance across the organization.

As the AI industry experiences rapid expansion, regulatory requirements are being reinforced across multiple areas, including fair competition, intellectual property, trade secrets, and personal data protection. In addition, strict adherence to business-related laws and regulations such as subcontracting and lawful outsourcing practices to ensure win-win partnerships with suppliers, as well as strategic goods and logistics service regulations is essential.

Starting this year, we will launch a range of training programs, monitoring activities, and internal reviews to proactively prevent compliance risks.

I ask each of you to take personal responsibility for complying with all applicable laws and regulations, and to actively participate in strengthening a self-driven culture of compliance throughout Emro.

Sincerely

June 5, 2024Emro CEO   Jay Song