Philosophy. Principles. and EVERLIGHT CHEMICAL INDUSTRIAL CORPORATION

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1 Philosophy and Principles EVERLIGHT CHEMICAL INDUSTRIAL CORPORATION 6F, No.77, Sec.2, Dunhua S. Rd., Taipei 106, Taiwan Tel: Fax: ,000

2 Core Values Mission Statement Business by Integrity Management by Love Everlight Chemical persists in the principles of Integrity and love in making decisions, and these principles also act as a guideline for the firm s conduct. We comply with the government's economic policy; constantly cultivate technical and managerial talent. We contribute to national economic development by manufacturing chemical products that improve the quality of life for everyone. Furthermore, Everlight Chemical develops international business relationships that facilitate trust and harmony among nations and races. For Everlight Chemical, everything we do for our clients, employees, shareholders, mankind, or Earth is performed on the basis of love. Our mission is to achieve sustainable development, generate business growth, and fulfil our corporate social responsibilities. Furthermore, we are devoted to researching and developing chemical products that can endow mankind with positive values. We strive to create a high quality work environment so that our employees may unleash their potential to enrich their lives and accentuate the values of life. We offer products and services with outstanding quality to garner the trust and support of our clients, so as to create values together with them. We are honest and open about our financial situation in order to protect our shareholders rights and establish a mutual, trusting, and long-lasting relationship. Everlight Chemical loves every individual with an attitude of trust, respect, and care, and we do the right things with the spirit of integrity, lawfulness, and justice. Front row (left to right): Director D.C. Chen, Chairman James C.H. Chen, Director W.W. Chen Back row (left to right): Supervisor Winston W.Y. Ken, Independent director H.C. Wang, Supervisor Y.L. Lee Supervisor T.C. Chen, Independent director Y.J. Hong, Director C.M. Chen, Director Kevin D.G. Chou 01 Core Values Mission Statement 02

3 Business Philosophy Everlight Chemical takes the Biblical revelation-love as principle of business management. The ultimate driving force of doing business is benevolence. In order to pursue sustainable development for the benefit of all stakeholders, Everlight Chemical abides by the following principles: Pursuing Improvement and Innovation Continuous improvement is important for a dynamic and growing business. Everlight Chemical nurtures technical and management talent. Our high-tech products are the result of methodical scientific research. Everlight Chemical s management coordinates and maintains a balance among R&D, production, marketing and administration. We are proud to be a world-class enterprise. Promoting Human Dignity Our workforce is the most valuable resource we have. Everlight Chemical practices humanistic management. We value all employees and encourage personal growth by providing a comfortable and safe work environment, comprehensive training, and some autonomy in the workplace. Teamwork is encouraged and employees are nurtured to reach their full potential. 1. Business by Integrity Our corporate image of integrity is based on honest communication and regulation compliance. We steadfastly adhere to business agreements and commitments. We comply with all applicable regulations and globally accepted business ethics principles. 2. Product Selection One of our core beliefs is to benefit humanity by only manufacturing ethical products. Everlight Chemical will never create products that can be used to cause harm. 3. Industrial Safety As a responsible company, Everlight Chemical places a strong emphasis on safety. We prioritize a safe and secure working environment, protecting the lives and property of employees, the company, and the community. Improving Human Welfare Contributing to human welfare is the fundamental reason for Everlight Chemical s existence. Our products are world-leading in terms of quality and they are used in a variety of applications that improve people s daily lives. Everlight Chemical also actively participates in a variety of charitable activities. 4. Environment Protection Everlight Chemical Acknowledges the scarcity of natural resources and the importance of sustainable development. We have adopted an international standard Environmental Management System. We work to perfect our production processes, reduce industrial waste and develop new, environmentally friendly technologies. 03 Business Philosophy 04

4 5. Customer Satisfaction Loyal customers are crucial to our ongoing success. We strive to continually provide excellent customer services. Our Total Quality Assurance program allows us to produce the world-class products that our customers need. Any customer dissatisfaction is a serious matter and should be treated as a top priority. 6. Respecting Employees Adopting principles of humanistic management, Everlight Chemical treat all employees with respect. They are to treat each other in a likewise manner. Any act of prejudice, insult, harassment or physical harm is strictly prohibited. We offer necessary assistance to all employees, provide a fair and safe working environment, train workers to enhance their professional skills, and help them to reach their full potential. 7. Technological Self-Sufficiency We are engaged in an ever-changing and growing industry. Continual R&D is the primary avenue to ensure our technological edge. We allocate no less than 2.5 percent of revenue to R&D. 8. Continuous Improvement Our enhancements in efficiency, cost-effectiveness and profitability rely on continuous improvement. We constantly improve manufacturing processes, quality and yields, and lower defect rates and environmental impacts. 9. Solid Financial Structure Solid financial planning lies behind all our business operations. We maintain net equity at more than half of total assets. This principle shall be followed every time we expand the businesses. 10. Stockholders Rights and Interests We pay high attention to stockholders interests, value their suggestions, and disclose all relevant corporate information as required by the law. We ensure reasonable returns for our stockholders by generating profits through commitment to excellence and teamwork spirits. 11. Fair Competition Everlight Chemical believes in fair competition and never resorts to any unethical means to achieve business objectives. 12. Contribution to Society Everlight Chemical contributes at least one percent of pre-tax earnings to the charity. We participate in public welfare activities to promote a peaceful and harmonious society

5 Positioning Vision Co-creating values with customers by providing quality A high-tech chemical group making contributions to the chemical products and services. well-being of mankind. To make every client successful is our mission, therefore we offer high quality products, services, and technical support to our clients with the greatest support and strive for future success together. In an effort to enhance the quality and health of people, Everlight Chemical is dedicated to researching and developing cutting-edge chemical products and high-tech products, so that great chemical products can introduce better lives for mankind. In so doing, we hope to make substantial contributions towards our employees quality of life, competitiveness of the industry, social welfare, and a sustainable future. 07 Positioning Vision 08

6 Brand Values Everlight Chemical believes that the intelligent application of chemistry can help make the world a better place. Reliability Everlight Chemical s brand trustworthiness is built upon a core value of integrity, determination to deliver on promises, stable product quality, and attentive service. Client-Centric Customer Caring with Value Creation is Everlight Chemical s Quality Policy. Our is to help clients achieve success through our high-quality products, innovative solutions, and technical support. Brand Promise Better Chemistry Better Life Through the passionate pursuit of improvement and innovation, Everlight Chemical contributes to the successes of our customers. Our work helps create a better community and ensure a sustainable future. We believe that the intelligent application of chemistry can help make the world a better place. Innovation Focusing on our core competency Chemistry, Everlight Chemical highly values R&D that leads to breakthroughs and progress in developing chemical products that benefit humanity. Welfare Contribution to the welfare of society is high among Everlight Chemical s priorities. We hope our work can contribute to a brighter future for all of mankind. 09 Brand Values Brand Promise 10