Code of Conduct for Investor Relations Officers (IROs)
- IROs are required to perform their duties with honesty, integrity, and professionalism in compliance with relevant laws and regulations. They must not seek or derive any personal benefits that conflict with the interests of the Company.
- IROs are required to maintain the confidentiality of the Company’s internal and non-public information, and must not disclose such information to any unauthorized person until it has been officially released to the public.
- IROs must ensure that information disclosed to shareholders, investors, analysts, financial institutions, regulators, media, employees, and all stakeholders is accurate, sufficient, fair, and timely. Exceptions may be made only for legitimate business purposes (e.g., providing information to credit rating agencies or auditors). However, IROs must not provide any negative or defamatory remarks about competitors or stakeholders.
- Executives or IROs are prohibited from trading the Company’s or its subsidiaries’ securities, directly or indirectly (e.g., through nominees), during the Blackout Period, which covers 30 days before the release of quarterly and annual financial statements, and within 24 hours after the information has been publicly disclosed.
- IROs must observe the Quiet Period, which covers 14 days before the announcement of quarterly and annual financial statements. During this time, no meetings, discussions, or responses to inquiries related to financial performance shall be made to shareholders, investors, analysts, financial institutions, regulators, media, or stakeholders.
- IROs are encouraged to continuously enhance their professional knowledge and skills to align with good corporate governance principles and improve the quality of Investor Relations practices.