An Overview of the Code of Ethics

With unwavering respect for laws and market regulations, SM Entertainment strives to become a trusted company. Our Code of Ethics is developed and implemented in adherence to the principles of responsible conduct and value judgment.

• Treatment of Shareholders and Investors
  Equal treatment of all shareholders and transparent dissemination of information
• Treatment of Customers
  Respecting and protecting customers
• Treatment of Business Partners, etc
  Fair competition and trade
• Responsibility toward Society
  Compliance with laws and regulations, contribution to social development and environmental protection
• Responsibility toward Employees
  Equal treatment and promotion of safe and favorable working conditions
• Employee Code of Ethics
  Task performance, asset protection, prevention of conflicts of interest, etc.