86 Good Corporate Governance Principles and Code of Business Ethics (Edition 2022) EGCO respects rights of its Joint Venture partners and upholds strict compliance with Joint Venture agreements and terms. It promotes and cooperates fully with partners in conducting business in good faith and fairness, for the Joint Venture to meet its investment objectives and achieve sustainable growth. The Company stipulates the following guideline for EGCO Personnel: 2.3 Joint Venture Partner 2.3.1 Respect the rights and maintain relationship on the basis of mutual trust, and not taking advantage of Joint Venture partners by any means. 2.3.2 Be sincere and share commitment in the Joint Venture undertaking. 2.3.3 Collaboratively with Joint Venture partners determine and review the mission, value, objective, responsibility and business plan in managing the Joint Venture. 2.3.4 Cooperate, and share opinions, recommendations and problem solving, collaboratively with Joint Venture partners, by harnessing the strengths and resources of each respective party for synergy and expansion of business edge of the Joint Venture, and for the Joint Venture to attain investment objectives and mutual optimal benefits. 2.3.5 Follow up and drive activities of the Joint Venture to comply with laws and regulations, and according to sustainability path. 2.3.6 Join with partners in deliberating allocation of benefits from the Joint Venture in fairness and transparency.
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