Corporate Philosophy/Code of Conduct

We set the following as our corporate philosophy in order to contribute to society and continue to grow.

Each employee expresses a passionate sense of values.

We take pride in our business activities and continue them through a customer-oriented approach.

Our products are developed with years of experience, knowledge, passion, and ingenuity to stay ahead of the curve.

Our technical capabilities create performance and functions to meet the requirements of society and customers.

We create a rich lifestyle through smooth communication.

All employees of VTS act in accordance with our conduct guidelines as members of society.

We adhere to the following “Code of Conduct” in order to remain a company that is trusted and respected by society.

We are expected to comply with all such laws as well as with all rules and regulations adopted under such laws.

We are expected to make, or participate in, business decisions and actions in the course of their employment
based on the best interests of the company as a whole, and not based on personal relationships or benefits.

We don’t take unfair advantage of anyone through manipulation, concealment, misrepresentation,
inappropriate threats, fraud, abuse of confidential information or other related conduct.
In addition, we don’t engage in insider trading that would impair the fairness of the securities market,
regardless of whether it is our own stock or another company’s stock.

We use company assets only for the legitimate business purposes of the company.

We exercise due care to ensure that any delegation of authority is reasonable and appropriate in scope,
and includes appropriate and continuous monitoring.

We observe the confidentiality of information that they acquire by virtue of their employment by,
or affiliation with, the company or any other entity that forms part of the company.

We endeavor to ensure that all filings, submissions, and other public communications accurately
and fairly reflect all relevant transactions and provide full, fair, timely, accurate and understandable disclosure.
And company personnel responsible for any aspect of internal accounting controls and financial and tax reporting systems must be vigilant in recording entries accurately and honestly and in a manner consistent with all legal requirements.

We fully comply with antitrust laws around the world that apply to our business activities.
And all public statements by the company always be truthful and have a reasonable basis in fact
and don’t be misleading or purposefully made easily susceptible of misinterpretation.

We don’t make any payment, offer or promise to pay or to authorize payment to any third party, public or private,
anywhere in the world, in order to secure an improper benefit.

We are expected to employ these communications systems (“Systems”) for legitimate business use
in the course of their assigned duties only.
And personal data is only collected, processed and used for pre-determined, clear and legitimate business
purposes, and personal data is transmitted and stored in accordance with appropriate security measures
and the company’s applicable data protection policies.

We don’t take any action that could jeopardize the environment and the conservation.

We are committed to providing a work environment that is free of harassment and discrimination,
including harassment and discrimination because of a person’s age, disability, ethnicity, sex, marital status,
military service, national origin, race, color, religion, and sexual orientation.

We have the responsibility to assure that their conduct does not jeopardize the health or safety of ourselves
or other personnel.

We sell to all customers, including government-related entities, in an ethical, honest and fair manner.

We respect the laws, cultures and customs of all countries in which all people involved in international business operate, and carry out our overseas activities while adhering to the standards and principles of the company.

When we observe, learn of, or, in good faith, suspect a violation of this Code, report the suspected violation
to the Chief Compliance Officer.
We protect the privacy of and don’t treat unfavorably any person who raises an issue in violation of appropriate laws,
regulations, or company rules.

When we request for a waiver of a provision of this Code, we submit in writing to the Chief Compliance Officer
for appropriate review.

We have a responsibility to understand and follow this Code, and are expected to perform their work with honesty
and integrity, even in all areas not specifically addressed in this Code.