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