History

• April 14th, 2011

  Amendment of the Commercial Act
  (Article 542-13: Listed company of certain size threshold is obliged
  to establish compliance guidelines and appoint compliance officer
  – Enforcement Date April 15, 2012)

• March 23th, 2012

  Compliance Officer is appointed by
  the Board of Directors
  (Compliance Officer: Mr. Sooil Oh, Head of Legal Team)

• April 16th, 2012

  Signed consultancy contract with law firm Lee & Ko regarding
  establishment and implementation of compliance system
  ※ Also consulted with law offices of Kim & Chang, law firms Yul Chon,
  Sullivan and Cromwell LLP, and Covington & Burling LLP

• May 2th, 2012

  Board of Directors established
  the Compliance Policy

• October 22th, 2012

  Appointed 11 Explosive Division Compliance Managers

• November 30th, 2012

  Appointed 3 Trade Division
  Compliance Managers

• December 12th, 2012

  Established Compliance Plan

• December 21th, 2012

  1st Compliance Workshop held

• February 27th, 2013

  Reported 2012 compliance program
  implementation results to Board of Directors

• December 26th, 2013

  2nd Compliance Workshop held

• February 12th~13th, 2014

  Legal counsels of Raytheon Company conducted
  on-site third party due diligence on
  Hanwha’s Compliance Program

• February 26th, 2014

  Reported 2013 compliance program
  implementation results to Board of Directors

• October 30th, 2014

  Appointed 3 Machinery Division
  Compliance Managers

• December 18th, 2014

  3rd Compliance Workshop held

• February 25th, 2015

  Compliance Officer is appointed by the Board of Directors
  (Compliance Officer: Mr. Sooil Oh, Head of Legal Team)

• March 11st ~12 th, 2015

  Compliance Officer and legal team members
  visited Raytheon Company’s Washington DC office
  to attend Compliance Program Sessions

• April 21st, 2015

  Reported 2014 compliance program
  implementation results to Board of Directors

• October 5 th, 2015

  Defense/Machinery Division emergency
  compliance session held

• December 11th, 2015

  4th Compliance Workshop held